Trading is a daunting task to master. It takes countless hours , doing and undoing strategies , tireless learning , perseverance and a lot of trial and error .
Because of the above most traders seek ways and tools to simplify this daunting task. Imagine having a way to set up your trade based on your own parameters and clicking start to have everything executed on your behalf .
That’s definitely a game changer .
The crypto space keeps evolving day in day out with new innovations . Innovations that solves users problems and in this article we will be talking about Cleo.one
An innovative company that seeks to automate trading in minutes without coding.
Sounds like a deal! Let’s dive right into it .
Contents
What’s Cleo.one ?
CLEO.one is a financial technology provider that took complex and fragmented financial tools , simplified them and made
The motive of Cleo.one is to level the playing ground between retail traders and institutional traders by arming retail trader’s ideas with powerful financial technology.
Before we get all excited and invest with our hard earned cash we need to know if Cleo.one is safe to use .
With headquarters in London and Operation in Prague, Cleo’s team have come out clean and dedicated to what they do .
Secondly Cleo.one is a trading terminal, you don’t deposit your money on Cleo.one you only link Cleo.one to your exchange of choice. There the security of your funds is the responsibility of your exchange hence using Cleo.one is safe and secure to use .
Talking about Exchanges ;
Cleo.one supports the following exchanged for cryptocurrency trading .
- Bitfinex
- HITBTC
- Coinbase Pro
Cleo.one is always looking to upgrade and one can be assured more exchanges are likely to be added in the future .
Now that we know we are safe and know what Cleo.one is all about , let’s dive into how we can use Cleo.one to get our trading a step higher .
CLEO.one helps you master trading .
- Backtesting & knowing if your strategy is worth it .
Cleo.one backtesting helps traders to make informed decisions about the strategy. It gives you a well presented results including analytical and actionable insights about your strategy .
- Creating strategies in minutes through simple typing.
Creating bots is a user’s dream and creating bots based on your own language couldn’t get any better. You don’t need to know tons of codes all that matters is knowing what you want to do with your trade!
- Reducing risk with (trailing) Stop Loss & Take
If you prefer to manually trade and set your own risk parameters Cleo.one offers tools for you to do that as well .
- Becoming a better trader by creating your OWN crypto bots.
Creating your own bots to trade 24/7 on your own terms couldn’t get any better. You can set up your bots to trade while you sleep .
- Demoing great ideas on paper trading
Cleo.one provides users the opportunity to paper trade their strategies. This helps traders to build confidence in their strategy and get better at the skill of trading . One
Creating a Strategy with Cleo.one
First of all there is the need to sign up. Cleo.one gives an opportunity to sign up using email , facebook or google to make things easier .
Once you are log in you will notice the tools and options available on the dashboard .
The best thing with Cleo.one is the tools available for creating your strategies. These tools were only available to institutions but Cleo.one makes it available for retail traders as well .
Users can choose between equities , forex and crypto . Whichever you prefer and create your own strategies to control your trades .
Instead of coding your way into creating a trading bot , you can easily do that in Cleo.one with text commands .
Once you are okay with your strategies you can then automate it and free up some time for yourself .
Free Strategies are also available to give traders a head start . If you are a newbie you can pick some of the strategies to give you a feel of how it works whiles you work on your own strategies
How can you get Cleo.one.
First of all, Cleo.one isn’t available on the app stores on both android and iOS. To use cleo.one you would have to use the web version .
There is a free version and Paid version. The free version gives you the basic features of Cleo.one which include limited strategies for a month and an unlimited use of paper trading.
Free Account :
10 real-time Live trading (qualified)
Unlimited manual trading (qualified)
100 backtests
3 Rules per Strategy
3 assets per Rule
Max Crypto historical data
5 years Forex historical data
15 years Equities historical data
M15 min. Crypto timeframe
H1 min. Forex time frame
D1 min. Equities timeframe
10 real-time Paper trading
Unlimited connected exchanges
STARTER ACCOUNT : 69 Euros
10 real-time Live trading
Unlimited manual trading
100 backtests
10 Rules per Strategy
3 assets per Rule
Max. Crypto historical data
5 years Forex historical data
15 years Equities historical data
M15 min. Crypto timeframe
H1 min. Forex timeframe
D1 min. Equities timeframe
10 real-time Paper trading
Unlimited connected exchanges
TRADER ACCOUNT : 199 Euros
50 real-time Live trading
Unlimited manual trading
500 backtests
unlimited Rules per Strategy
10 assets per Rule
Max Crypto historical data
Max Forex historical data
Max Equities historical data
M1 min. Crypto timeframe
M5 min. Forex timeframe
D1 min. Equities timeframe
50 real-time Paper trading
Unlimited connected exchanges
PRO TRADER ACCOUNT : 349 Euros
100 real-time Live trading
Unlimited manual trading
1000 backtests
unlimited Rules per Strategy
30 assets per Rule
Max Crypto historical data
Max Forex historical data
Max Equities historical data
M1 min. Crypto timeframe
M1 min. Forex timeframe
D1 min. Equities timeframe
100 real-time Paper trading
Unlimited connected exchanges
Now that we have an in-depth knowledge about Cleo.one , let me summarize by saying
- Cleo.one is a Trading terminal that provides traders with top notch tools to great their own trading strategy
- You can either manually trade by setting your limit orders or automate your trades
- There is a free trial for you to test out and once you like what you see you can definitely upgrade
- Your money is safe since it’s just a trading terminal and your money is deposited on an exchange and not cleo.one
- Cleo.one is good for traders who love to create bot strategies as well as manually trade as well .
- The only downside is the limited exchange support which is under development.
