Published on August 27th, 2020 | by Sara Kane0
Cleo One Review: Is it a Reliable Service?
Cleo One is a cryptocurrency trading site that offers crypto trading bots and pretested strategies for people looking to trade in cryptocurrencies. It offers a range of plans that allow you to use may tested strategies that may help you make a profit in the cryptocurrency market. They claim to have the best financing and support many of the top trading platforms such as Binance and CoinbasePro. With this software, you can supposedly trade in live crypto markets with predetermined strategies that have a positive historical performance. The site also claims to offer forex options as well. It also has a user-friendly interface that allows you to trade without having to go through complicated technical language. The trading platform also has many tools that are perfect for beginner traders. While this site does have a free trading option, it is only valid for a demo account, and so you will have to pay to make use of the live trading platform. While it does seem like a competent site with many features, you should never invest until you are 100% sure. This review will cover the other aspects of this site in detail.
Cleo One was launched in 2019 by its parent company: Cleo Finance. This is a financial company based in the Czech Republic and has been in business since 2016. They are registered legally, although they do not provide much information about their company online. The company is active on Facebook, LinkedIn, Twitter, and other social media platforms. Their physical location is Pobřežní 78, 186 00 Praha 8-Karlín, Czechia. They do have a real team and office, so it is not a virtual business. However, they have not provided any phone number or email address to contact, which is necessary for ease of contact. However, you can contact them by filling out a form on their website. The website address is https://cleo.one/.
Cleo One Review
Cleo One offers trading bots and a trading interface that comes with predetermined strategies that can be used for cryptocurrency trading. You can integrate it with your own Binance account and you will have control over how you trade. Unlike other sites, the deposit is not made with their platform, but rather directly to the trading site. This allows you to withdraw your funds as you want. They offer a free plan that includes a demo account. If you want to do live trading, then you will have to pay 69 Euros per month or 49 Euros per month annually. As expected, a competent site will never give you any binary options software for free, so this is a positive sign. The basic plan gives you 100 back-tests and 10 paper trading instances per month. Judging from customer feedback, the user interface is also friendly and their trading data is accurate.
The Cleo One site offers a wide range of different strategies to the trader. There are basic strategies that involve price indicators, candlestick patterns, and the Relative Strength Index.
There are also more complex strategies that they offer for free to traders. In fact, the platform relies on a strong system of backtesting to ensure that all their strategies are working.
Although they do not offer a detailed explanation of their strategies, they do claim to have more than 1000 different tested strategies, so you can find something that suits you.
Company: Cleo One
Product: Crypto trading bot
Price: 69 Euros/month
Strategy: Backtesting/ leverage trading
Trading results: Unverified
Customer Feedback: Positive
Unfortunately, Cleo One has not provided any live trading results. This makes it difficult to see their actual performance. However, they do test their strategies against real trading situations, which is what makes them more reliable. They also have a demo account option where you can see the expected trading results based on your investment and different strategies. While they do not make any unreal promises, they should at least have some trading results posted to give the trader an idea of how the bot works.
While Cleo One is still a relatively new platform, they are slowly starting to see positive feedback from customers. They have a small, but loyal customer base and many positive reviews on sites such as TrustPilot. However, their customer base is still relatively small as compared to other similar sites that were launched around the same time.
Cleo One offers a unique trading solution with trading bots and verified trading strategies. They are also transparent and registered, which makes it legal to deal with them. However, they could include more contact information so the customer can get in touch without hassle. They should also prove that their strategies produce positive results by posting some verified trading results on the site.
Have you been considering to use this service? OR, have you had any experience with this company? If so, we would love to hear from you, share with us in the comments section below…
- They offer various tools for newbie traders
- The company claims to have one of the best softwares for crypto trading
- They have not provided contact details
- They are quite new in the market and have few reviews
- The company does not provide any live trading results
Binary Today or anyone involved with Binary Today will not accept any liability for loss or damage as a result of reliance on the information including reviews, recommendations, charts, software, income reports and signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.