Is doubletaptrading.com good for futures trading?
I've been seeking an automated trading system for futures among the myriad of scam artists online. Doubletaptrading (DTT) offered a try out period to show their system works (they just claimed the try out is only to show they have an automated system, not that it works successfully). At the time of my call with them, they showed a trading account that was up $600 which I believe they said was for the day and was typical of their performance. Customer first has to buy a prop firm account. At $600/D, it would take about 15 trading days to reach the fully qualified passed challenge point of Tradeify. I'd gladly add 1 account every 15 trading days (3 weeks) to Tradeify's 5 account maximum! DTT suggested Tradeify. Digging into Tradeify rules, numerous questions bubble to the top - "6.6 Automated Bots - The bot should be solely for the Trader’s own use within Tradeify. And 6.7 Collaborative Trading...All users of Tradeify are required to execute their trading strategies independently. Team trading, collaborative trading, or any form of trade copying among users is strictly prohibited." DTT is the third company I've seen this year that claims Michael Gonzalez as the founder. Does that raise any questions? Oh, as of this moment, the prop account is about $2,000+ DOWN which is NOT the direction one would hope for. Their response to questioning the poor results is "we don't have the ability to guarantee which portion of the equity curve you're in." Unless their performance improves dramatically FAST, my single star review is a valid description
9/15/2025 update: they've now traded 11 days and the account is down just over $2,100. That quite clearly says all one needs to know. Oh, I think this is the 3rd different company name of the founder Gonzalez I've seen this year. Critical thinking says ask why?
9/27/2025 Update - they BLEW the prop firm account with over $6K losses. Claimed it was a "Tradovate glitch", never explained. IMNSHO = SCAM! I'm off to new opportunities. Will post reviews when I find the right one!