Apex Trader is a crypto trading bot platform that features trading bots that can be used to employ a number of trading strategies. The platform is highly configurable, and provides over 100 technical indicators. Anyone can create their own automated trading strategies and then deploy them to run 24/7 on a wide range of trading pairs. Strategies based upon Profit Taking, Reverse Trading, and Dollar Cost Averaging are all incorporated. You can create and store an unlimited number of strategies. While it is easy to set up it is a platform more suited to either more experienced traders or those with a specific strategy already in mind. Our Apex Trader Review will help you decide if it is right for you.
By: Evan Jones | Sep 16, 2020 | Modified Sep 18, 2020
Apex Trader only has two subscription plans available for their trading bot services, and all new users are eligible for a free 7-day trial so that they can try before they buy. The only real difference between the two subscriptions is that one is for spot trading and the other is for margin trading. They both include the same access to all of Apex Trader’s features. Payments via PayPal or in crypto (BTC, ETH, LTC, USDC) are accepted. After the 7-day trial you can choose from one of the following options:
Apex Trader only provides support for four exchanges at this time, 3 of them are available for spot trading and the other is available for margin trading. This is surprising as some of the spot trading exchanges do have margin trading capabilities, but it is not supported by Mako. Here are the available exchanges:
It is easy to sign up for Apex Trader, all you need is to enter an email address and create a password. Because you automatically get access to a 7-day free trial you can immediately connect an exchange account. This is done by generating API keys on your exchange profile and entering the required information on Apex Trader. Once you have connected an exchange account you can begin creating your trading strategy for you bot. You just click “New Bot” and then follow the steps to set up your strategy.
Your Apex subscription includes the hosting and management of a dedicated server to run your trading bot, so you can expect the best real time response times and overall performance. This saves you the hassle of managing a server yourself.
Apex provides over 100 technical indicators including candle patterns which can run on their own timeframes. Indicators can be combined to create ‘Hybrids’ as well as run on their own timeframes within the same strategy.
All Apex Trader packages have a fixed price with no restrictions on trade volume or performance. There is also no charge on percentage of profit.
Apex can be configured to get out of a losing position and re-enter it at a lower price, skipping some of the losses when the market goes against you.
Manage Buy and Sell signals from external signal providers or directly from your Trading View account.
Automation provides you with tools to handle changing market conditions or automate routine manual tasks. Automation rules come in 3 forms: Strategy based, Time interval and Time Range.
Dollar Costing Averaging is a technique used to spread the cost of an asset, effectively averaging out the cost that you have bought an asset at. It can also be very useful when a position has slipped into the red. Apex provides a manual and automated version of this process.
Apex Trader provides email support via their ZenDesk as well as live chat support through their Discord channel to help solve any problems that you may face. Their Discord channel is one of the most active bot trading communities, users freely share tips and tricks and strategies which can be found in the Strategy Center.