Profit Compass is a platform where users register to participate in auto-trading. Investopedia defines auto-trading as a trading plan based on the buy and sell orders that are automatically placed by a computer program.
Top auto-trading bots are recommended for both beginner and expert traders given that they perform better and do not require skill to operate. You can supposedly make money with Profit Compass on the first day of trading even if you have never traded before.
Profit Compass trades CFDs on multiple products, including forex, commodities, stock, market indices, and crypto. A Contract for Difference (CFD) allows traders to speculate on the price movements of the underlying asset without owning it physically. In other words, you get to bet on the price movement of an asset without having to go through the process of buying it.
The commodities CFDs offered by Profit Compass include energies such as natural gas and crude oil and precious metals such as Gold and Silver. Stock CFDs, on the other hand, include top global stocks such as Amazon, Alibaba, Google, and Facebook. Also available are popular indices including the S&P 500.
However, Profit Compass is mostly popular with crypto CFDs trading. The robot trades over 50 crypto to crypto/crypto to fiat pairs, including highly volatile pairs such as BTCUSD, BTCETH, BTCEUR, and BTCBCH. Profit Compass is in partnership with 15 brokers to facilitate transactions with the client and provide trading leverage.
Leverage refers to the use of borrowed funds to increase a trading position. Profit Compass partner brokers provide leverage of up to 3000:1. This implies that the robot users can borrow up to $3000 for every $1 of invested capital.