Forex Trading Robot DAVE Review: Is this a Scam?

Forex Trading Robot DAVE Review: Is this a Scam?

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Welcome to the Forex Trading robot Dave review. This trading app can be found at and we have checked out the website and made sure that we did not leave one stone unturned. This software was built for the MT4 and MT5 trading platforms.The developer says that the software scours the markets 24 hours a day in search for trading opportunities and when it finds an entry, it takes advantage by implementing aggressive scalping strategies which means that it trades many times in a day.

Generally, then focus on trade frequency have trouble with long-term profits, so that’s something we will certainly be paying close attention to in our review today. The vendor doesn’t provide any information about their trading history,  or company location. It is unknown who the developers of this robot are, which isn’t a good thing. The vendors should certainly provide some sort of information about their trading history or reputation in the Forex market. In order to get in touch with support, traders can email [email protected]

In case you came here looking for a reliable trading app, we encourage that you take advantage of these trading resources instead. The trading community has said that these options are reliable and suitable for all kinds of traders whether newbies or experts. But if you want to learn more about Forex Trading Robot Dave, keep reading this review since we have very interesting things to say concerning it.

Forex Trading Robot Dave Review

One thing that we have realized with the Forex Trading robot Dave website is that it is not very detailed or in depth as one would have expected from a website that claims to sell a successful Forex scalper. However, they are still providing a small amount of information to help us understand their exact trading strategy or approach for that matter.

Forex trading robot Dave Strategy

According to the sales page, the DAVE system “based on a large number of price data analysis, real-time scalping system.” This sentence doesn’t really make a whole lot of sense, and that’s disappointing, because it is the main point of reference when it comes to their methodology. They also mentioned that the system does not depend on spreads for execution speed, which is hard to believe, because these are essential to just about any scalping system on the market. Outside of these couple of sentences, the vendor doesn’t provide much information, which means they don’t qualify for best Forex robot ranking.

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Traders interested in the Forex Trading Robot DAVE can purchase versions compatible with either MT4 or MT5 for just $97. According to the website there is a 50% discount active, as the software is usually priced at $200, but every time we visited the website this deal is active. So, we believe that this deal is always active, so you don’t have to rush and purchase to take advantage of it. With the package, traders get access to the robot, customer support, and a 30 day money back guarantee.

The current price is $97 which they claim is a deal that will expire soon. They want us to believe that if we make a purchase now, we will save a lot of money than if we wait until the price has been increased. But as far as our investigations are concerned, these guys have never increased the price tag to $200. This is something they are using to pressurize the community so that people can make a rush decision to buy the product without thinking twice. You do not need to rush like this because if you do, you will end up losing a lot in the process. We also do not like relying on money back guarantees since it is a big hustle trying to get your money back once purchases have been made. So it’s usually upon the buyer to do their investigations thoroughly before making any form of financial commitment.

Client Feedback

While there is very little feedback, the only 2 real client reviews without for the Forex Trading Robot DAVE system were very negative. One thing that we can say is that generally scalping trading robots don’t perform well in the market. This is due to the strategy which they are using which cannot be relied on for the long term. Both of the comments claim that the robot is a scam, and say that their emails were ignored when they asked for their money back during the 30 day guarantee period.

Performance Results of the Forex robot

Much like the client feedback, the Forex Trading Robot DAVE trading results are underwhelming as well. The vendor doesn’t provide any verified trading results, or long-term trading statements. The only results provided are a handful of screenshots, and a couple of YouTube videos.

None of these results for the system prove that it’s viable, and most of the results are either old or not substantial enough to show us the true sample size of trading data.In 2019, there is no reason why a product producer can’t provide verified trading results. There simply isn’t a single expert advisor in this market worth purchasing, that doesn’t have trading results. You can see in our recent reviews of Pro FX EA, and Trabot, just how important trading performance is. We take it very seriously, and simply don’t recommend products that can’t prove themselves.

Some traders believe that it’s on us, the reviewer, to test the product and show the results. We feel that is asinine. It is up to the vendor to prove the product is worth testing, before we test it.

Our best advice for you

Having said this, we believe that the Forex Trading robot dave is a raw deal. We have no confidence in this product at all and unless the developer makes a few changes, we can’t recommend it. This is due to the fact that users have complained. Secondly, we generally don’t think scalpers can stand the test of time. For that reason, we recommend these trading resources since they are quite reliable and the community has also endorsed them.

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