Daatty Forex EA is an automated trading advisor that promises to make 5 figures per month on autopilot. Daatty Forex EA was expertly tuned for EURUSD pair and 100% guarantees 500pips per month. May notice interesting features like Auto stop-loss and take-profit.
Daatty Forex EA comes with two license packages – A single license account and an Unlimited license account. The Single license account cost $999 + tax while the Unlimited license account costs an alarming $14999 +tax.
No information was stated about the owners of this forex robot and their experience in the marketplace. They provided addresses in India and Netherlands. For support, you can reach out to them via a contact form on their website.
What is Daatty Forex? Either is Daatty Forex a scam or legit?
Any expert in forex trading can clearly see that Daatty Forex is a scam. However, if you want to find out why is Daatty a scam and what is Daatty Forex EA in real, then you can find that within our Daatty Forex review here, for that you don’t have to search any other Daatty Forex reviews.
Daatty Forex EA Review
- Daatty Forex EA is a program that claims to automate Forex trades. It’s like putting a plane on autopilot. Traders can sleep through the night calmly knowing that their trades will be placed exactly at the times they designated. Sounds easy, right?
- Forex robots like Daatty Forex are getting a lot of hype of late and Forex robot scams are not far behind.
- Most Forex robot scams are easy to pinpoint and would seem obvious to any investor. But even with blatant false promises of huge profits “while you sleep” millions of dollars are dropped into these Forex robot scams every day.
Daatty Forex EA Results
Daatty Forex robot boasts of making 500pips per month but fails to provide a verified result for us to check and analyze.
On their homepage, you will see a screenshot of a document called strategy tester report. Such a document does not hold weight nowadays because it does not show us the live Forex robot action.
For us to take them seriously like the tools you will see here, Daatty Forex robot needs to publish a live verifiable trading result from a third-party site like Myfxbook. When they do so, we can now verify their strategy and performance results. Until then, we don’t think we will be recommending this robot to anybody that wants to trade on a live account.
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Conclusion
Because Forex trading is still relatively unregulated, the number of scams seems to be ever-increasing. One area in which this happens on a regular basis is with signals/ automated Forex trading bots. Many of the systems make some pretty unrealistic claims, and promise a successful trading career, even when you’re asleep. They even seem to be able to publish positive results on their sites. However, a word of warning: These amazing results are often the result of back-testing, or based on hypothetical results.