HyperTrader is a crypto trader that also tracks portfolios and analyzes the crypto market on multiple exchanges. As per vendor claims, it allows you to maximize your profits. In this HyperTrader review, we are going to find out whether this truly is a reliable system.
The headquarters of HyperLinq, the company behind HyperTrader, is located in Kearny, New Jersey, USA. To get in touch with them, you can give them a call or drop an email mentioned on their website.
On the official website, the vendor has listed all the features of the system and provided detailed explanations for all of them. We also have a blog, a user manual, and pricing details. On the company page, you can find the details of the team members. The focus seems to be on the long list of features with some emphasis being put on the enterprise program.
HyperTrader does not route orders via its own server. Rather, it creates P2P connectivity between your system and the crypto exchange server. The company also provides 24/7 customer support in multiple languages. With this trading software, you can set the live orders directly on the price charts. You can drag and drop the order market on the charts to change the prices when the market turns volatile.
On this platform, you can place 15 distinct ladder orders. All you need to do is to set the maximum and minimum price. You can also split the chart into sections to view many orders at the same time. There are multiple customization options for the charts. The platform calculates the trading fee by itself and has a breakeven indicator that automatically updates the data range when you conduct a trade.
HyperTrader provides you trading insights so you can track your wins and losses. These insights are updated automatically from time to time. From the app, you can also access news related to the crypto market. There is no web version available for this trading system.
The idea behind HyperTrader
HyperTrader aims to build an accepting and inclusive crypto culture. The company was founded in 2018, and it attempts to make crypto trading available for all. This is a very generic way to explain the company motto, and as per our understanding, it is not offering anything unique or special.
The core team
Amar Gautam is the founder and CEO of HyperLinq, and the co-founders are Kunal Kumar and Karamvir Singh. There are four financial advisors working for this company, namely Mike Diedrichs, Elmer Resoso, Narayanan Pillai, and Denis McEvoy. Other team members include Narender Charan, who is the head of Content Marketing, customer happiness manager Gayatri Dikshit, and head of content marketing Nanni Narayanan. We wish the vendor would have provided us with some background information on the team members, but unfortunately, no such data is available to us.
Safety of HyperTrader and the network
On the official website, we have no mention of the security features for this platform, which is quite odd. Crypto traders put a lot of emphasis on security and it is important for them to know whether the platform can protect their personal data. As such, we cannot consider this a reliable system for trading in cryptocurrency.
There are four billing cycles for HyperTrader, and each has different monthly rates. The yearly plan costs you $31.96 per month, while the half-yearly plan is priced at $33.96 per month. For the quarterly and monthly plans, you need to pay monthly fees of $35.96 and $39.95 each month. The vendor offers a free trial of 21 days but there is no refund policy in place. We think the monthly fees are a bit high for a system that doesn’t have much of a reputation on the market.
There are no user reviews for this crypto platform on third-party websites, which tells us that not many people are aware of its existence. Without user reviews, it becomes a little difficult to rely on this platform, because you have no idea what you’re going to get from it.
Is HyperTrader a legit investment service?
Our verdictOur verdict
- 21-day trial period
- Names of team members revealed
- Lack of adequate security features
- No customer reviews
- Only desktop version available