DDMarkets functions as an online investment platform encompassing a variety of incentives. DDMarkets, also known as Digital Derivatives Markets is a signal service, market analyst and trading concept educator. The service first came online in April 28th, 2014. It seems that DD Markets used to be a good place to learn and actually make money. However, recent consumer feedback have suggested otherwise. If these consumer feedback are anything to go by, then we can only say that DDMarkets is the place to avoid at all cost.
While still at it, we want to bring to your attention that this investigative analysis of the platform aims to merge consumer feedback with facts that will help give useful insights regarding the operation of this platform.
One might assume that consumers who have gotten a raw deal here are an isolated case, and that DDMarkets is still a good place to seek investment solutions from.
That might not be the case. Let’s dig deeper to discover what this platform is all about and whether or not we can go ahead and recommend them.
They operate as financial advisers in the Forex trading niche. Because of that, they also offer Forex signals, Forex trading concept, while also making sure that their market research and projections are publicized on their platform on a frequent basis.
DDMarkets is basically enticing their members with a large number of ”quality” incentives that are hard to resist even if you are a seasoned investor.
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Looking at the website, we can only find one contact info, which is the support email [email protected] There are no phone numbers or troll box that help prospective clients engage with the operators of this website.
The platform offers a number of trading services not limited to market research videos, trading alerts, trading analysis, and many more.
They recently introduced Cryptocurrencies into their existing packages. Now they have a variety of plans that can appeal to both part and full time investors.
The most notable plan would be the Global Trade Alert Plan. This plan offers registered members with Forex signals. This plan proclaims to provide signals with utmost transparency and education with regards to swing and intraday trading.
This service offers traders with entry price, stops and take profit recommendations. The desired risk to reward ratio is 1:3.
While the site started by frequently uploading transparent and up to date Forex signals, it appears that the administrators are slacking on that aspect, thus providing unverified and non-transparent signals to both their users and those who would like to sign up. This non-verified signals and trading results are published in a spreadsheet format. There is no way an inquisitive consumer can verify this information as seen on the spreadsheet document.
The Global Trade Alerts feature has 3 plans which cost $59.90, $83.40 and $220.60. The price difference comes as a result of letting members access the trading plans based on duration. The first plan lets you access the trading signals for 14 days before it is deactivated. The second plan lets you access for 30 days before it can expire. And of course the 3rd plan in this category will let you access Forex signals for 60 days before it is deactivated.
As mentioned before, this platform offers intraday trading concepts to those who would like to learn how to trade Forex for profits.
Members who have purchased this plan will have access to daily, weekly and even monthly chart analysis where key points are shown on a chart that can be used to make trading decisions for those who want to scalp the markets.
This Forex Intraday Strategies Plan features examples that date back to 2015. Now, it’s needless to say that this plan could gain some advantage if they only cared to update it.
To make the most amount of money, DDMarkets has structured these plans so that they can expire based on a certain duration of time.
When you purchase the basic plan under this category, it will cost you $49.70. This will give you access to this plan for 14 days before expiry. On the other hand, the 30 day plan goes for $74.40. The site claims that you will get access to daily Forex intraday trading concepts and also receive frequent email updates of new Intraday strategies.
If you don’t want to enroll in the above plans because you want something better, DDMarkets will introduce you to their ”advanced integration plans”.
Under these plans, you will gain access to a combination of Global Trade alerts and Intra strategy 30 day plan. This will cost you $138.70/month, a recurring payment which must be made through PayPal.
If this plan is still not sufficient for your needs, DDMarkets will ask you to upgrade to their quarterly plan. It offers the same stuff for the price of $392.40/quarter.
Basically, there is an assortment of plans to choose from. If variety is what you are concerned with, this site won’t let you down.
You want to trade Cryptocurrencies? No problem. DDMarkets is offering trading concepts, forecasts and signals. They support major Cryptocurrency pairs like BTCUSD, ETHUSD and many more.
This is a 30 day plan that will cost you $56.50. In addition to that, you will receive daily email notifications and access to trading concepts and forecasts.
They claim that DDmarkets is 100% transparent yet the platform is not providing any verifiable information that would validate the claim that they are backed by a corporation.
The other thing is that the site is uploading their alleged trading results and claiming that those results are transparent and honest. But we know that when trading results can’t be verified by a third party, then chances are that we are being fooled.
The final red flag is their lack of willingness to include more communication channels to their platform. Email communications are sometimes not effective because scammers simply hide behind them, and may choose to ignore your communications.
Perhaps a phone number would have done wonders. A professional investment platform must have one. There is no excuse.
We cannot deny the fact that DDmarkets has a wide assortment of both positive and negative feedback coming from alleged members.
Most of the positive feedback that is available on the internet right now dates back to 2015 and 2016. However, it seems that the recent surge in negative comments is suggesting that DDmarkets has switched rhythm, meaning that investors are not getting what they hoped to get for the price which they are paying. That could also be treated as a red flag.
While Digital Derivatives Markets or DDmarkets once operated like a legit financial advice platform where people seeking advice on Forex matters could go to seek this information from, that is not the case today. We are afraid that the quality of service has since deteriorated. We are therefore asking you to invest in these products instead.
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