trutrade.ioReviews of trutrade.io

Essentially they talk down to you on the initial sales call and refuse to give any real live preview or trial of the bot. Their reasoning is "trials or monthly subscriptions are not a viable business model" which is absolute crap. I'm not spending 10k (entry price) on something I cannot see live or try myself.

I purchased the Market Ripper bot from Trutrade.io last year after being allured by the YouTube videos of the bots winning trade after trade. I ended up paying thousands of dollars and it is a complete rip-off. It turns out that those videos only show the bot during rare and unpredictable market conditions. There is nothing special about their bots/strategies which have a terrible win rate in live markets. The actual automation trades like a drunk person. There is no real way to back test the strategy because it uses Renko bars (these bars trick the software into registering all trades as winning trades). I gave this company the benefit of the doubt and followed all of their instructions and quickly got ghosted by their customer support. After wasting several months trading (and losing) with the bot and following their instructions, it is clear that this is just a cash grab and all of the positive reviews are likely paid for. After doing even a small amount of research, it is obvious that automation is much more complicated than just buying a pre-made system. Unless you can properly back test the strategy yourself (using walk forward and monte carlo analysis), stay away.

I paid thousands of dollars for this product, almost 10k. I can tell you for a fact that this is a total scam. This will burn through your account very fast, regardless of lot size. They just want to sell their crap software. Forget any technical or customer support. Once they get your money you are on your own. They do high pressure sales tactics, then you are on your own. If you have money to burn, go for it. I managed to find a system, not automated and now I am doing just fine. Avoid this like the plague. Wish I could rate this with negative stars.

Once again, its no surprise that the highest ratings are similar and most likely not real. These guys are anything but transparent. The reason provided for no pricing on the site is quoted as ‘based on individual requirements'. They are offering products to retail traders, the fact they don’t even have a baseline cost for an initial product should be concerning and would not be surprised if the cost varies for each individual for the same product during the initial call and getting a view of how much one is willing to give. Its astonishing they are charging $25k + for one of the products and the concept of the ‘DRAMM’ is nothing unique, its essentially a martingale approach with an ATM and that’s worse, recipe for blowing up an account. All you need to do is look at the videos posted, no track record, likely trading demo and at points trading 25-30 contracts….

Scammers they take your money and drop you

Honestly it is hard to imagine that any of these reviews here were not paid by this guy Danny, the 1 man show who says he has thousands of customers, like hedgefunds, etc. absolute full of crap. Guy is an arrogant person. give you 1 hint, if you were a company doing millions in business, why in the world would you have to point out that you near the Apple store. really? The product comes with a 1 page documentation, and then you are on your own. there is no tech support, no one will every answer your phone once you pay, so remember your were warned. i believe he is a hokes, he has maybe 10 suckers that paid for his program, other then that i believe he'll be out of business in 6 months after ripping off as many as he can. you can find other bots and automation for .03 cents on the dollar.

Unbelievable ignorance from phone rep, started by stating that $9500.00 was peanuts to spend and got upset anytime I asked a question. The entire dialog was pretty much do you have the money or not! Hard to believe they have any customers, even if it works, if this is how they treat people.

This is going to be the most honest review that you will see about these guys. Danny, "vetted" me to see if I was a fit to be his customer. After I paid, I got one video that was 1hr 45mins of Danny talking about basic stuff that any trader already knows. There was 5 minutes of specifics about settings. These bots are nothing special and I can't believe they are acting like it is. Decide for yourself. However, I will no longer be doing business with them.