The Tesler trading system, sometimes known as 7Tesler, is promoted as an automated trading platform that seeks out winning trading setups and executes them on traders’ behalf.
The trading platform, which is also known as the Tesler trading app, states that it can trade a number of well-known cryptocurrencies, including Bitcoin, Ethereum, Ripple, and Litecoin. Although 7Tesler doesn’t give much information regarding its historical performance, the trading platform’s website features good comments and endorsements from both present and former users.
However, phony reviews do exist. So, is the Tesler trading app real? We’ll examine this trading platform in depth in our 7Tesler review to assist traders in determining whether it’s appropriate for them.
Our Verdict
According to its description, 7Tesler is a cryptocurrency trading platform that can execute deals on users’ behalf and send out crypto signals. The site includes positive testimonials from previous and present users, but traders may wish to be skeptical of them since they were provided by the platform.
If you do decide to try 7Tesler trading out, be sure to test out a withdrawal as soon as possible because there are several warning signs that could indicate if the company is a scam or authentic circulating on Google and social media platforms.
Use the demo account first before making a larger real money deposit, as is the case with most crypto trade bot programs. This enables traders to test the platform and judge it for themselves.
Tesler Trading Overview
🤖 Robot Name: | Tesler Trading |
👾 Robot Type: | Crypto Trading Robot |
💸 Minimum Deposit: | $250 |
✅ Is It a Scam or Legit? | Legit |
🚀 Claimed Win Rate: | 84% |
💰 Trading Fees: | None |
💰 Account Fees: | None |
💰 Deposit/Withdrawal Fees: | None |
💰 Software cost: | Free |
⌛ Withdrawal Timeframe: | 24 hours |
#️⃣ Number of Cryptocurrencies Supported: | 50 |
💱 Supported Cryptocurrencies: | BTC, ETH, LTC, XRP |
💲 Supported Fiats: | USD, EUR, GBP |
📊 Leverage: | 5000:1 |
👩🏫 Social Trading: | Yes |
📋 Copy Trading: | Yes |
📱 Native Mobile App: | No |
🖥️ Free Demo Account: | Yes |
🎧 Customer Support: | Live Chat |
✅ Verification required: | Introductory Phone Call / KYC |
Tesler Pros and Cons
Pros
No crypto trading experience required
Generates trading signals and trades on behalf of users
24/7 operation with no downtime
Fast, free withdrawals
Trade Bitcoin and several popular altcoins
Cons
Requires a $250 minimum deposit to open an account
No information about the development team
Is 7Tesler a Scam?
Our 7Tesler review’s major objective is to provide a response to the question, “Is 7Tesler a scam or legitimate? We discovered that the 7Tesler trading platform utilizes an algorithm to trade Bitcoin and a number of well-known altcoins on behalf of traders. Additionally, we discovered that the site provides a demo trading account, allowing consumers to try out 7Tesler for free.
We also discovered that positive reviews for 7Tesler that are posted on the trading platform’s website are very positive. These positive reviews, which originate from previous and present customers, were chosen by 7Tesler.
The validity of these reviews cannot be determined, and it is unknown whether traders have profited from using 7Tesler. The risk involved in trading should never be underestimated, and past performance is no guarantee of future success.
What Is 7Tesler?
A trading program called 7Tesler finds possible trading opportunities in the prices of well-known cryptocurrencies. This is a platform for algorithmic or automated crypto trading.
The 7Tesler algorithm is able to recognise situations that could result in cryptocurrency trading profits. The platform can also execute trades on behalf of traders by funding trades with funds from their accounts. However, there is no assurance that traders will make money, and they should be aware that all trading involves risk.
Both experienced traders and those who are new to the cryptocurrency market can use 7Tesler’s platform, the company claims. The cryptocurrency trading platform is easy to use and quick to get started with.
The 7Tesler cryptocurrency software can currently trade four of the most well-known cryptocurrencies: Bitcoin, Ethereum, Ripple, and Litecoin. The platform is free to use, and there are no commissions taken from traders’ earnings. The sole financial need to begin utilising 7Tesler is to open a new account and deposit a minimum of $250.
How Does 7Tesler Work?
As the prices of cryptocurrencies rise and fall, the 7Tesler trading platform uses a complex algorithm to produce trade recommendations. Regarding this proprietary methodology, the platform does not give much information.
However, it might have been built to spot price patterns that have previously preceded successful price movements after being trained on several years’ worth of crypto market data. Since the 2017 cryptocurrency bull run, bitcoin robots have gained popularity.
When certain price patterns are identified, 7Tesler sends traders notifications. Additionally, the platform opens trades on its own, using funds from traders’ accounts to take positions in line with the coin signal. The 7Tesler algorithm monitors a trade’s development and closes the position when a stop loss or take profit level is reached.
All transaction proceeds, including any winnings, are then transferred back to traders’ accounts. The funds can then be withdrawn or utilised for another trade.
While 7Tesler is capable of identifying setups and trading on behalf of customers to generate profits, traders should keep in mind that there is no assurance that its signals are reliable. Trading is risky by nature.
Tesler Overview
Supported markets: BTC, ETH, XRP, LTC
Withdrawal time: 24 hours
Minimum deposit: $250
Key Features of Tesler Platform
No Prior Crypto Market Knowledge Required
Both novice traders and seasoned traders can utilise this trading platform, claims 7Tesler. To begin using 7Tesler, no prior knowledge of bitcoin trading is necessary. While less experienced traders might be able to start trading right away, it might take them a bit longer to become used to the 7Tesler dashboard.
4 Well-known Cryptocurrencies Available to Trade
By market cap, Bitcoin, Ethereum, Ripple, and Litecoin are the four cryptocurrencies that 7Tesler may trade. Due to the extreme volatility of these cryptocurrencies and the fact that they don’t always move in unison, there may be additional trading chances on the platform.
Demo Account Trading
All traders at 7Tesler have access to a demo trading account. Users can evaluate 7Tesler’s performance in light of the current market environment by demo trading, sometimes referred to as paper trading. Additionally, it allows users a chance to assess the platform as a whole and determine whether 7Tesler is appropriate for their trading objectives and style.
To access the demo trading account, traders must create a 7Tesler account.
Free and Quick Withdrawals
Traders can quite easily remove money from their accounts using 7Tesler. The platform does not impose withdrawal fees and responds to withdrawal requests in less than 24 hours. As a result, traders can withdraw funds from their accounts whenever they want to profit from 7Tesler trading.
Works On Any Device
Any device, including Windows and Mac laptops and iOS and Android mobile phones, can use the trading platform, claims 7Tesler. For traders who don’t want to download and install software, the trading platform is also accessible online. This makes using 7Tesler from any location simple.
How to Use Tesler Platform – Step-by-Step Guide
Step 1: Open an account
Look for the signup box towards the top of this page to join the 7Tesler trading platform. Name, email address, and phone number are required details for new users. Click “Register Now” when you’re ready to open a trading account.
Step 2: Make a Deposit
All new customers of 7Tesler trading platform are required to deposit a minimum of $250. Payments can be made on the site via credit cards, debit cards, bank transfers, and e-wallets.
Step 3: Monitor Trading Platform
With 7Tesler, traders can start live trading straight away, but many will want to begin with demo trading. Before risking real money, customers can get acquainted with the 7Tesler platform and assess how the trading service works in the context of the current market.
Traders can switch to live trading if they are pleased with using 7Tesler trading account in demo mode. To turn on this feature, flip a switch in the 7Tesler dashboard. Following the activation of live trading, 7Tesler will immediately start opening actual positions in Bitcoin, Ethereum, Ripple, and Litecoin using funds in the trader’s account.
Tesler vs other Trading Platform
Minimum Deposit: $250 (similar to other platforms)
Demo Trading Account: Available (similar to other platforms)
Can you make money with Tesler?
Because 7Tesler is a user-friendly bot, you can use it even if you are not an expert in bitcoin trading signals. According to reports, the bot employs algorithms to assist you find the finest bargains that can be profitable by quickly digesting vast amounts of information. Additionally, it runs on its own, so you don’t have to stay at your trade station all day.
In addition, 7Tesler asserts that it employs cutting-edge technology to spot patterns that can be advantageous to consumers and that it only acts when it thinks the timing is appropriate by using money that has already been placed. Additionally, 7Tesler does away with emotional trading, which can lead to irrational conclusions.
Tips for new traders
While working with 7Tesler, we encourage you to start trading with a little sum of no more than €250. You should be able to make money with these limited resources. To reap even bigger benefits, you can also decide to reinvest your gains.
To fully benefit from the potential of the 7Tesler system, we always advise investors to reinvest their winnings. It is usually a prudent choice to reinvest a small amount of your income after taking some of it out. If they want to avoid losing their money quickly, anyone who is serious about trading cryptocurrency profitably needs to follow this strategy.
The 7Tesler ecosystem is home to some of the greatest brokers with impressive résumés and in-depth expertise in the cryptocurrency trading market. They have trading experience as well.
Through tutorials, webinars, and Q&A sessions, these brokers and experienced traders have made their knowledge accessible to novice investors who wish to increase their trading knowledge and experience.
Due to their expertise, your trading experience will be trouble-free.
A transparent company that cares about its clients’ success, 7Tesler was formed expressly to help its investors better understand the market and bitcoin in general.
Utilizing all of the excellent information that the 7Tesler system provides will help you improve your decision-making abilities and improve your trading experience. We always advise users of the trading platform to only invest money they can afford to lose because the cryptocurrency market is unstable.
The majority of your trades will result in significant profits if you use the 7Tesler trading signals system to trade. However, the system is powerless to halt significant losses brought on by carelessness and the use of dangerous trades, techniques, and practices.
If you carefully follow these recommendations, you can routinely make money with the 7Tesler system, regardless of whether you’re experienced traders or not.
Has Tesler Trading Been Endorsed by Celebrities?
Dragons Den – Peter Jones, Deborah Meaden
Despite claims to the contrary, our team could not find any evidence showing that the Tesler platform was endorsed by Dragons Den even after extensive research.
Elon Musk
Despite claims to the contrary, our team could not find any evidence showing that the Tesler trading app was endorsed by Elon Musk even after extensive research.
Jeremy Clarkson
Despite claims to the contrary, our team could not find any evidence showing that the Tesler platform was endorsed by Jeremy Clarkson even after extensive research.
Holly Marie Willoughby
Despite claims to the contrary, our team could not find any evidence showing that the Tesler trading signals were endorsed by Holly Marie Willoughby even after extensive research.
Idris Elba
Despite claims to the contrary, our team could not find any evidence showing that the Tesler trading app was endorsed by Idris Elba even after extensive research.
Ant McPartlin
Despite claims to the contrary, our team could not find any evidence showing that Tesler app was endorsed by Ant McPartlin even after extensive research.
Nicole Kidman
Despite claims to the contrary, our team could not find any evidence showing that the Tesler app was endorsed by Nicole Kidman even after extensive research.
Trevor Noah
Despite claims to the contrary, our team could not find any evidence showing that the Tesler trading system was endorsed by Trevor Noah even after extensive research.
Gordon Ramsey
Despite claims to the contrary, our team could not find any evidence showing that the Tesler app was endorsed by Gordon Ramsey even after extensive research.
Is It Possible to Withdraw Earnings?
Before your winnings are deposited into the designated account, you must submit an application for the withdrawal process and provide your bank details. There are no restrictions, and if it suits you better, you may even choose to get payments every day.
Please be advised that in order for the broker to comply with regulations designed to prevent money laundering, you may frequently be requested to give verification of your name and address when withdrawing funds.
What are the fees for Tesler?
The use of the Tesler trading system is free of charge. No account fees, trading fees, or commissions are assessed by the platform on any generate profits make using it. 7Tesler does not impose fees for deposits or withdrawals either.
FAQs
An automated bitcoin trading platform is referred to as 7Tesler. It generates cryptocurrency indications and executes live cryptocurrency trades on consumers’ behalf using a proprietary algorithm.
If the testimonials are reliable, Tesler Investments is a well-known online trading platform that can execute live trades in the crypto market and send out crypto alerts. Although the platform does not give much information regarding historical outcomes, reviews from former and present traders on 7Tesler’s website are quite favorable. Traders can use the built-in paper trading account to test out 7Tesler for themselves.
The proprietors and development team of the Tesler automated trading platform are not disclosed. As part of our 7Tesler review, we were unable to ascertain the platform’s owner.