DDMarkets is a trading solution with a low-quality presentation. The system is introduced like “Best Forex Signals Provider for Online Trading.” They inform us that they have been working since 2014.
DDMarkets trading strategy
We have no idea what strategies are behind the signals. The same we can tell about time frames and Forex cross-pairs.
DDMarkets features
Let’s take a look at the system parameters, settings, and other details.
- There are trading signals that are based on years of experience and tested strategies.
- They control the size of Stop Losses and a number of sent signals.
- The company doesn’t belong to any company or broker.
- So, we won’t be a part of any fraudulent schemes.
- These signals are generated by real traders and analysts.
- They are day traders, part-time traders, and swing traders.
- They offer “a bi-weekly or a monthly price for our forex signals via PayPal, which we find an extremely secure payment method.”
- Some traders rely on trading advisors when the social test trading and other features.
- We can receive the signals via email.
- The developers seek an entry point on the long-term time frames.
- There’s a “price range in which the signal may still be executed, which adds to the experience of using our forex trading signals that are suitable for all investors and traders.”
- We can work on “all forex brokers (STP or ECN) and trading platforms such as the MT4, MT5, NinjaTrader, cTrader, JForex and more.”
- Risks are under strict control.
- They have been providing signals since 2014.
- They conduct their own research.
- “Every trading signal is fully documented to the greatest extent for extreme transparency since 2014.”
- Volatile trading pairs have bigger Stop Losses.
- The signals have several take profit levels – TP1, TP2, and TP3.
- We can work with the leverage we want.
- They started providing signals for Bitcoin (BTC/USD). Ethereum (ETH/USD) and Ripple Coin (XRP/USD).
- The crypto signals fit any client’s expectations.
- They cover not only drawdowns but also swaps and potential commissions.
We can buy signals for 14 days for $59.90. It’s a high price.
The signals for 30-day cost $87.40.
We can subscribe to global trade alerts for $230.60 for three months.
The intraday signals for 14 days cost $49.70.
The intraday signals for 30 days cost $74.40.
There’s an advanced plan as well. It’s insane how the offers are complicated. We can subscribe for $138.70 monthly. The 90-day subscription costs $392.40.
We can ask them to do custom market research for $49.70.
There are crypto signals for 30 days that cost $71.50.
No packages have a refund policy.
DDMarkets backtesting results
The company decided not to provide backtest reports. It means that we have no trading results to check how the system worked with the past tick data received from a broker.
DDMarkets trading results
We have no verified trading results at all.
All we have is just short tables for each “traded” month.
Even if these results were real, the final result was -120 pips. We have no idea why we have to subscribe to them to get these losses.
DDMarkets reputation
We have a short list of positive testimonials. It’s everything that connected us with this service and its owners.
DDMarkets review summary
- Strategy – score (2/10)
- Functionality & Features – score (2/10)
- Trading Results – score (2/10)
- Reliability – score (2/10)
- Pricing – score (2/10)
Conclusion
DDMarkets is a signal-providing company that has insanely complicated prices. The developers didn’t provide backtest reports and showed horrible “trading statistics.” They don’t share with us the traders’ and analysts’ profiles. We can’t be sure they exist.
