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Daily Pips Machine Review: This must be a Scam

Daily Pips Machine Review: This must be a Scam

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With each passing day, new traders are emerging from all corners in the world, and most of them are seeking a shortcut to making a profit in the FX market. It leads them to the Forex trading system, which has been around for a long time in the market, waiting for unsuspecting traders to fall into their trap.

One of these trading systems is Dailypipsmachine.com. It is a Forex trading system that claims to provide 100% profitable trading. We all know that this is not possible in the FX market, and it is just a statement used to attract traders who are desperate to make a profit.

The FX market is enormous, and in some recent years, it has seen some average turnovers of about $5.1 trillion, and this is a lot of money. That’s why it is considered the biggest market in the world. It means it has many players, and some of them are there to use underhanded methods to get a piece of the cake.

They range from Forex robot vendors to crooked brokers. All of whom claim that they’ll show you an easy way of becoming a professional trader. And do we know why they are offering Forex trading instead of using them to become profitable themselves? Their main aim is to get money from us because they also cannot depend on their Forex trading.

All customers who have used this Forex trading claim that they’ve made huge losses, and some even blowing their trading accounts entirely.

Daily pips machines are an entity set up to make a profit, and without a reputation to maintain, they simply do not care if we succeed in the market or not. You should always invest in a profitable Forex trading system in the market.

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This review is going to give you in-depth information about this service and give you different perspectives for you to make a sound decision on where to invest your money.

Daily pips machine Review

Daily Pips Machine is a USA based Forex trading system that has been around officially since 2016. It claims to offer quality Forex trading and copy trader service to traders for a price. They claim that these trading systems come from professional traders who work round the clock to give you trading information that will make you successful and also a pro. However, this is not the case.

Daily Pips Machine Review, Dailypipsmachine.com Platform

They claim to guide you step by step while abiding by beliefs that are outlined on their website. Though after reading different ratings and customer reviews from credible sources, there is a different story.

They provide several trading packages, which are trial, standard, premium, and ultimate. Their pricing is categorized as follows:

Trial          $ 30/ 7 Days

Standard      $ 97/ 1 Month

Premium      $ 199 / 1 Month

Ultimate       $ 499 / 3 Months

They claim that premium and ultimate packages come with 24/7 customer care support. They also have twitter pages and Facebook, but no customer interaction is seen.

Trading performance

The website updates information on Forex trading on their performance page after an average of two days by posting different currency pairs results. After a closer look, we discovered that these are just writings that can be manipulated and that the data cannot be validated. Some real trading accounts with details on executed trades would have provided more information on their “working” system.

The data is shady because with currency trading, there are losses, and in this case, the gains posted seem to be very high and therefore raise suspicion of manipulation.

MyFXbook is a standard by Forex trading who want to prove their efficiency and performance over a given period. Well, this is not the case for this provider because they have avoided using this service, and this leaves us with information that we cannot verify to be true hence raising a red flag for Daily Pips Machine.

Are you willing to invest your hard-earned money in a Forex trading that is this shady?

Customer Feedback

We believe that customer feedback goes a long way in proving the legitimacy and efficiency of a product. Well, on the Dailypipsmachine.com website, there are only eight reviews, and all of them are positive. So, after learning that we could not trust the reviews, we had to outsource information from other reputable websites.

All the reviews we found were negative, with some customers saying that they had were scammed, and others had gone down by -760 pips on this page. One went ahead to say that these guys are scammers ad they do not have an office in the US.

A short informative video on their website showing a customer review and some details on their strategy would go a long way in promoting their signals and proving their authenticity.

We all know that client satisfaction is essential. When a company goes ahead only to promote the good of its products and hide the bad, that company is not to be trusted because it most probably has done somethings in the past that may be damaging. One can always contact them using an email provided on its website.

Popularity and outreach

Every trader aims to make money. So, if Daily Pips Machine is whom they say they are, then why don’t they have a huge follow up on social media?

They have only one review on their Facebook page that dates 22nd June 2020, and most of their posts have zero likes and zero comments. The same story goes for their twitter page, which lacks customer interaction.

Most successful Forex trading has vast followers and user interaction on their social media pages because they help traders make money. For this trading, it seems no one has questions about their trading or how they come up with their strategies. So, they have paid followers who are paid for their following as part of some crowd-sourcing micro-jobs?

Alexa rank

The site ranks # 1,777,622 and has an average of 1 daily page view per visitor. It is registered under the domains dns1.namecheaphosting.com and
dns2.namecheaphosting.com. The site was registered on 2014-06-21, and their certificate is set to expire on 2021-06-21. The registrant is WhoisGuard Protected, and they are based in Panama. This brings discrepancy is their base of operation because on twitter, they claim to be from the United States.

If they provided working trading, then they would definitely have a better rank and more traffic.

Key points to note

If a trading system offers working trading, then they would have a considerable following, and the retail FX market of minor players would make some comments on various social media platforms that wouldn’t go unnoticed.

Having a demo account to try out a free trial is a good thing that comes with some reputable signal providers. Therefore you will always be able to test the waters with one foot before you invest real money in a product.

It is always good to look for customer reviews that are not on the vendors’ website before deciding whether to purchase a signal package. And lastly, we recommend that you look into the background of the Forex trading system.

Final Verdict

Dailypipsmachine.com is not a viable investment considering the reasons cited in this review. Therefore we would suggest that you diversify your options and look out for the best Forex trading system that is worth your money.

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