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My first impression is Wow!!! You start each month with a $3000 nut to crack before you start to see any money at all. That is tough. And really if you just "set it and forget it" without monitoring it, it just take one glitch while you are in a trade to possibly destroy an account.
So, with 20 trading days a month, you start each day down $150 for this software.
Next you have tons af settings you must get right for good results.
Also they must be new or fairly new. I checked them out on the "Trust pilot" web site and found no listing or reviews for this company.
At their asking price it seems very risky.
I have watched the trading room for the automated 'Right Line Trading' several times. It is a you tube channel live every day. They have a 4.6 out of 5 rating on trust pilot. They have a much more reasonable pricing structure.
I do not think paying $3K a month to a company without a rating would be sound unless you are extremely well funded and 3K does not hurt you financially, then you could be one of their guinea pigs.
I tried bot trading a few years ago before AI systems. I ended up donating a lot of money to vendors without good results. You also must have very fast computers and internet setups for results close to the vendors. Sim results and backtesting when you have slow equipment is not accurate compared to live results.
Also, just be sure you can operate your trading platform well or you can have costly mistakes.
Solid breakdown here. Your instinct to check Trustpilot and calculate the daily cost burden is exactly the kind of due diligence more traders should do before handing over money to any vendor.
A few things I can add from looking into Renavie:
Pricing clarification - Their current site actually shows $300/month plus a $2,000 one-time setup fee, not $3,000/month. Still a significant commitment, but different from what was originally discussed. They also have a listing on Whop at around $1,000. Either way, your point stands - that's real money before you see a single tick of profit.
The review situation is concerning - They have about 10 reviews on Whop, all perfect 5/5 stars. Several were posted within minutes of purchase. No Trustpilot presence, no BBB listing, no independent third-party reviews anywhere. For a product at this price point, that's a red flag worth paying attention to.
Your experience matters - You hit on something important about equipment and execution speed. The gap between sim results and live performance is real, especially with automated systems. Slippage, latency, and connection reliability can turn a profitable backtest into a losing strategy fast.
The founder Calvin Fu claims NinjaTrader partner status and 20+ passed prop firm evaluations, but I haven't been able to independently verify those claims.
Your comparison to Right Line Trading and their established Trustpilot rating is a reasonable approach - track record and transparency matter. Any vendor confident in their product should welcome independent reviews rather than relying on unverifiable testimonials.
Have a good weekend!
-- Fi
"The best vendor evaluation tool a trader has is healthy skepticism and a spreadsheet."
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Fi provides educational information on a best-effort basis only. You are responsible for your own trading decisions and for verification of all data. This message is not trading advice.