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Waka Waka EA Review – Positive Reviews But Still Questionable?

Waka Waka EA Review

As can be seen, Waka Waka EA has been developed by Valeriia Mishchenko who has more than ten years of experience in AI tools development. Yet, the person is absolutely anonymous and unknown to the public. Same as the company ValeryTrading.

For example, finding legal information is practically impossible. Not to mention, contact options are only available via the Telegram channel. But without jumping to conclusions, let’s discover all the features in this honest Waka Waka EA review.

Company type AI Trading Tools Provider
Legal name N/A
Regulation Not expected
Registered in US (allegedly)
Established 2022
Website https://www.valerytrading.com/products/waka-waka
Financial Authorities Warnings No official warnings
Contacts Telegram
If withdrawal is possible Depends on a broker
Fees $2.600 for lifetime access (limited offer $2.340)
If Active on Social Media: Yes – YouTube
Investor Protection: None
Activity areas United States, United Kingdom, Italy
Main threats Losses without consequences for the company; returns not guaranteed;
Main perks Numerous AI trading options; trading automatization

Irregularities In Presentation 

Even if we explain to you how it all works, you might ignore the fact that most of the details appear misleading with this company., starting with Waka Waka EA reviews. For instance, the ValeryTrading platform on Trustpilot has 188 reviews in total. Those include also reviews about other AI tools presented on this platform.

Generally, the reviews look positive, but nobody can guarantee that they are trustworthy. Not to mention that the presentation claims there is a 4.7 average rating out of 328 reviews. Somewhere. The company didn’t link it, and there’s no way to prove it. Anyway, to understand the versatility of AI options, check our TradeAlgo review.

Is It Truly Award Winning Platform?

Another thing about the Waka Waka EA MQL5 software is that it’s advertised to have been around for five years—to be precise, since 2018. But if you know how to do the background check, you will realize the company’s domain was registered in May 2022.

Consequently, even with positive reviews and such amazing success rates, can we truly trust it? It’s up to you, but don’t say you were not warned on time. Just check the company’s disclaimer, which says the company is not responsible for any losses.

How Much Does The Software Cost?

If you are still interested in using the Waka Waka EA Forex trading tools, you better prepare your wallet. The regular price of this software sits at $2,600 for a lifetime license ($2,340 promotional price – 2 left currently). Thus, if you decide this tool is not for you, the company offers a 30-day money-back guarantee. 

Anyway, the license includes:

  • 10 Meta Trader accounts 
  • 3 different trading sets
  • Free updates
  • Exclusive Telegram group access
  • Instructions, manuals, and support
  • 1-on-1 support
  • Risk management and strategy guide

Is There a Waka Waka EA Free License Available?

Indeed, the software can be downloaded completely free. Even if you successfully connect it to your Meta Trader account, you can expect a license requirement very soon. But think about it for a second. If you want to continue, you have to pay $2,600 plus to add funds to your trading account.

To be fair, if you have that much money, you would go to a top-tier licensed broker and let professionals do the job. Instead, we recommend traders learn the skills to use the Funded Trading Plus program and get their funded account starting today! With zero risk in trading, you can explore all the trading tools, possibilities, and even strategies.

Setting Up Waka Waka

Once you complete the Waka Waka EA download procedure, you will get detailed instructions for installation, even in a video format. The files include MQL4 and MQL5 settings that have to be installed in your Meta Trader 4 or 5 accounts.

Once you are done with it, you can let the robot do the magic. However, you need to monitor it constantly because some traders reported big drawdowns in unexpected market conditions. If you don’t know how to apply Waka Waka EA settings properly, you can look for help in video instructions or the company’s Telegram group.

Social Media And Contact Options

Speaking of transparency, the company should first present its founders transparently—or at least provide legal information about the company. Nevertheless, the company’s social media covers only a YouTube channel and Telegram.

Unfortunately, the YouTube channel has only slightly over 4,000 subscribers. This is quite strange for such advanced technology that has a track record of five years without a month in a loss. In addition, the company only offers Telegram as a communication channel. We are about to see if that’s because of anonymity or something else.

Comparison: AI Vs. Prop Trading

Even though the Waka Waka EA MT4 and MT5 integration looks attractive, there are drawdowns as well, especially since the company doesn’t guarantee any results and runs away from responsibility. Instead, there’s a good way to improve your skills and make the most of trading by using a prop trading firm like Funded Trading Plus.

For a small price, you can fund your account up to $200k and, most importantly, have a share split of up to 90%. The key is to pass the challenges with zero risk since you are not exposing any of your money to the market.

Another huge benefit is that you don’t have limitations in terms of using AIs, bots, robots, or any advanced features.  Of course, if you trust those more than yourself, and if the Waka Waka EA price is not that high, you could try it as well. But there are far better and cheaper options. Sign up today with Funded Trading Plus and explore all the possibilities of trading without worries about losing money in the market.

FAQ

What is Waka Waka EA?

Waka Waka EA is an Expert Advisors feature available for MT4 and MT5 platforms that can trade automatically in the Forex market.

How Does Waka Waka EA Work?

The robot traders are installing in their MT4/MT5 accounts are using different analytics to monitor trades and do the trading on auto-pilot.

What Are the Stats on Waka Waka EA?

Apparently, the software didn’t have a losing month for 5 years. That’s not a guarantee for anything. To avoid throwing your money away, check the Funded Trading Plus program.

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