DDMarkets Review

Sep 3, 2021 05:55 AM ET
DDMarkets Review

DDMarkets is a Forex signal provider that has been serving its services since 2014. The presentation doesn’t look professional and has only claimed that it is “Best Forex Signals Provider for Online Trading.” 

DDMarkets

Type

Signal Service

Price

$59.90, $87.40, $49.70, $230.60, $74.40, $138.70, and $392.40

Strategy

M/A

Compatible Platforms

Any

Currency Pairs

Any

Timeframe

N/A

Recommended Min. Deposit

N/A

Recommended Deposit

N/A

Leverage

N/A

Trade length

N/A

Trading strategy explanation

The system wasn’t introduced in a big way where all information is explained. It looks like the devs don’t care about it. 

  • The system is tested based on the well-shaped strategy.

  • The owners control the number of orders and the lot sizes. 

DDMarkets’ details.

  • The company doesn’t belong to any broker or financial institution. 

  • The developers fight against fraudulent schemes. 

  • The signals are generated by real traders or analysts.

  • A lot of them 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.”

  • Traders can work with social trading, advisors, and indicators. 

  • The signals can be delivered via email. 

  • The Entry Points are calculated on the long time frames.

  • We have 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.”

  • They provide us with strict risk control.

  • The company has been existing since 2014. 

  • They “conduct research.” We don’t know the details of this statement. 

  • “Every trading signal is fully documented to the greatest extent for extreme transparency since 2014.”

  • The system places bigger Stop Losses on the high margin pairs. 

  • The signals are delivered with various TPs and chances to reach them: TP1, TP2, and TP3. 

  • The leverage can be chosen by us. 

  • They started providing signals for Bitcoin (BTC/USD). Ethereum (ETH/USD) and Ripple Coin (XRP/USD).

  • There should be relevant crypto signals provided. 

  • The signals are calculated in a way to cover potential swaps and commissions.

Backtest data analysis

The presentation doesn’t include any sign of backtest reports or screenshots of them. It’s a significant can because we have no idea how the system handled the past broker data. 

Live trading data analysis

DDMarkets’ trading statistics.

The trading results are introduced like only unproven numbers. It’s unprofessional to do this, knowing that people just want to see verified Myfxbook or Fxblue trading results. 

DDMarkets’ trading results.

We have only five trades performed in August 2021. It’s almost nothing taking into account how short these profits in pips are. We don’t know details about the time frame, leverage, and trade length.

The company

Fake customer testimonials.

We have some testimonials written on their presentation. We are sure that these faceless customer reviews are fake. 

DDMarkets testimonials

The company has a page on Forex Peace Army created. There are four reviews with a 2.5 rate in total. 

DDMarkets testimonials

The clients weren’t happy with service quality because the signals couldn’t be profitable for them. 

Pricing

DDMarkets pricing

The global trade alerts for 14 days are available for $59.90.

DDMarkets pricing

They cost $87.40 for 30-day.

DDMarkets pricing

We can subscribe to global trade alerts for $230.60 for a 90 days period. So, the offer includes only short off. 

DDMarkets pricing

The intraday signals for 14 days cost $49.70. We can get access to all their intraday strategies on the site. 

DDMarkets pricing

The intraday signals for 30 days cost $74.40. 

DDMarkets pricing

There’s advanced integration mentioned. The 30-day subscription costs $138.70. The 90-day subscription costs $392.40. They include intraday strategies and global trade alerts. 

DDMarkets pricing

The custom market research costs $49.70. It costs much, but not not so if you run a $100,000 account. 

DDMarkets pricing

The crypto signals are available for $71.50 for 30 days. The developer decided not to support us with refunds if something goes wrong. 

Review summary

Pros

Cons

  • Many offers provided
  • No team revealed 
 
  • No risk or money management advice given 
 
  • No free signals shared
 
  • No backtest reports provided 
 
  • No verified trading results provided 
 
  • No refunds supported
 
  • Many negative testimonials published

Conclusion

DDMarkets is a signal-providing company that has no trading results to share with us. We don’t know who’s behind this service and if they have relevant trading experience. The pricing looks flooded by various types of offers that are misleading a bit. The testimonials mention that the service is not okay. 

Rating: 3/10


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