Zignaly is one of the veterans of the cryptocurrency automated trading space. It offers several possibilities to launch crypto trading strategies on autopilot, and today, I am going to test out one of these.

There are always open questions on trading bots’ profitability. The platforms do not offer any estimations on this matter, so the only way to know this – is by making an experiment using real money balance.

I will show you how to start trading at Zignaly and share my results after testing the bot’s performance for a whole month.

Starting Automated Trading at Zignaly

First of all, let’s have a look at the auto trading options provided by this bot trading platform:

  • Profit Sharing
  • Copy-Traders
  • Signal Providers

The Profit Sharing feature can only be used with an internal Zignaly exchange account. It allows you to invest your money in experts, earn money and pay a fee on their successful trades. This fee is called “success fee,” which is a percentage of the profits they make for you.

For this experiment, I want to connect my existing Binance account, so the Profit Sharing feature is not something that I will test out today.

I am also not that interested in the Copy-Traders feature, as the same model was just tested in my previous Shrimpy experiment (with no success).

So, we have the Signal Providers option left! This is the original service offered by Zignaly. This was the first product offered by this platform when they entered the crypto market.

You can pick up one or more signal providers and connect those to your existing spot or futures exchange account.

Now I am going to allow Zignaly to manage my Binance spot account by providing API access.

Your API keys can be created on the Binance website.

The account is now connected. I can see the balance and portfolio distribution and we are ready to proceed. My balance mostly consists of USDT and Bitcoin that I will be using for trading during this experiment. There is also a small amount of BNB coins that I am going to use to cover Binance’s fees.

Launching Cqs Premium Signal Provider

First of all, I decided to follow one of the most popular paid Zignaly signal providers – Cqs Premium. It costs 10 dollars per month and it has a 10 days trial period.

To start with your automated trading strategies, you need to follow the signals provider. Cqs Premium works both for sport and futures markets and can be launched for Binance, KuCoin, Bitmex, and the internal Zignaly exchange.

On the provider’s page, you will find all the details needed to set up the trading bot, including the recommended options that you have to set up.

On the “Settings” tab, you will also have to allocate your bankroll. This will let the Zignaly platform understand how much money to take for opening a position. I established the size of each position has 10% of my balance.

Also, in settings, you can limit the number of concurrent positions. I will put 50 positions here. The most important rule is related to the limit positions per market, which I recommend setting on 1. This will not let the bot open several positions for the same crypto pair.

The paid signal provider of the Zignaly platform is now connected and ready to work.

Launching Cqs Free Signal Provider

There are also several free signals providers available at Zignaly. I decided to test out the free package of the same signals provider – Cqs.

The logic for setting up the free provider is absolutely the same. You will need to follow the provider and set up the recommended options.

After this, you allocate the balance for different currencies. I will also put 10% of the bankroll as size for each individual order. I will also include the limit of one position per market, the same as I did with Premium Cqs.

How Do Zignaly Signals Work?

Once the signals are connected you will start seeing the opened positions.

Each of these positions has three goals for taking profit:

It is worth mentioning that these positions have a stop-loss setting that follows the price of the asset you trade. It means that the stop-loss value will be rearranged higher if the price of the purchased asset grows.

All these settings are being automatically added by the signals provider. You don’t have to modify anything manually, but there is a possibility to make some changes if you would like to do so.

Once the position is opened using the signal received from the provider, it may go up or down in price. When it goes up, your take-profit orders will be executed one by one. The most profitable situation is when all three take profit levels are reached.

If the position price goes down, then a stop-loss order will be executed, saving you from any serious losses.

Zignaly Profitability in One Month

This is the most intriguing part of this report. Let’s check the results that Zignaly platform generated in one month after launching it. How much profit did we manage to get?

Both free and paid providers have executed 194 positions in total. Next, I will divide these orders by provider and currency.

Cqs Premium

The paid provider has executed 101 positions. Check the detailed breakdown below:


  • Number of positions: 70
  • Average value of each position: 180.12 USDT
  • Closed with profit: 39
  • Closed with loss: 31
  • Total Profit/Loss: -32.41 USDT


  • Number of positions: 31
  • Average value of each position: 0.002854 BTC
  • Closed with profit: 27
  • Closed with loss: 4
  • Total Profit/Loss: 0.001328409 BTC

Cqs Free Signals

The free signal provider has executed 93 positions in total:


  • Number of positions: 31
  • Average value of each position: 185.84 USDT
  • Closed with profit: 26
  • Closed with loss: 5
  • Total Profit/Loss: 213.006 USDT


  • Number of positions: 62
  • Average value of each position: 0.002893 BTC
  • Closed with profit: 48
  • Closed with loss: 14
  • Total Profit/Loss: 0.005113082 BTC

Let’s sum up all the numbers to know the total profit that Zignaly was able to generate in just one month:


213.006 USDT – 32.41 USDT = 180.596 USDT


0.005113082 + 0.001328409 = 0.006441491 BTC (320 USD at the time of writing)

As you see, the results are pretty positive and I was able to make a solid profit both for USDT and BTC currencies.

My Verdict after Testing Zignaly

While I did not test all the features offered by Zignaly yet, I can only speak about Signals Providers services. It works confidently with no errors or glitches. The signals are processed accurately, and the take-profit or stop-loss orders never get stuck.

You can also customize lots of things here. Despite the fact that all signals and settings are sent to you automatically and you don’t need to do anything manually, you can still change the take profit levels, move the stop-losses or exit the position any time you want.

Anyway, this abundance of customization has two sides as it also makes things too complicated. You will need some time to read all the tooltips and manuals to understand how each of the features offered works.

In terms of profit, my Zignaly testing was also successful as I was able to earn both on the paid and free signals. If you would like to try the platform, then go ahead with the free Cqs provider. The Zignaly platform itself is free of charge and with the combination of a free signal provider, it will cost you nothing to test the platform out.

Now I will probably need to add some balance to the Zignaly exchange wallet, so I could test the Profit Sharing service, which I find pretty interesting. See you in my next report!