Dubai Lifestyle: Scam or Legit trading App? The Results!Author: Patrick WebberLast Updated: 08 April 2020Dubai Lifestyle app is a crypto trading robot that is said to help investors generate thousands of dollars per day trading cryptos. The app applies sophisticated computer algorithms to scan the markets for tradable information and automatically execute matching trades. But is Dubai Lifestyle a scam or reliable trading software?User testimonials claim that this bot is legit. These results are said to be from hands-on analysis and also feedback from clients who have been using this platform before. Testimonials also claim that it is highly legit.On this Page:Is Dubai Lifestyle app Legit? As mentioned, user testimonials find this bot highly legit Dubai lifestyle app has a generally positive online sentiment. Users find that this trading robot scores best in trading platform reliability. Dubai Lifestyle claims to have an accuracy level of above 99% Click here to open an account with Dubai Lifestyle or keep reading to learn more.After reviewing several tests, users have determined that this trading app is legit and working. These tests take into account factors such as how long the app has been operational and also online feedback from users. They also try the app and provide feedback basing on personal experience.Some of the things users look at in the live test include platforms reliability and cybersecurity. A good trading robot should be easy to use and guarantee consistent results. When it comes to cybersecurity, it should have a fully secure website and should have measures in place to protect users’ data. Dubai Lifestyle appears above average in all these metrics.What is Dubai Lifestyle?Dubai Lifestyle is a piece of software designed to analyze crypto markets big data for insights and automatically place corresponding trades. With this trading app, you stand a chance of profiting from rising and falling crypto markets. The app applies multiple trading strategies including short selling which is why it allegedly remains profitable even when the crypto markets are plummeting.It is important to note that the use of computer algorithms in trading has not started with the crypto industry. The same approach taken by Dubai Lifestyle has been in use in forex and stock trading through what is known as high-frequency trading. This form of leveraged trading is known to generate astronomical returns given its ability to identify every trading opportunity and take advantage of it.Dubai Lifestyle applies the same approach including giving traders access to leverage. This explains why traders report making huge returns. The app trades automatically which means that anyone including those with zero experience in crypto trading can use it. All you need to start trading with this app is to open an account and set up your web-trader as explained in the provided guides. The process is easy and takes less than five minutes to follow through.Who Founded Dubai Lifestyle app?Dubai Lifestyle app was founded by Scott Hathaway, an experienced day trader, and programmer. User research has established that Scott Hathaway is a real person but they cannot verify his experience with trading robots. Hathaway is originally from Iowa but resides in Dubai where the company behind the trading software has its headquarters.According to Hathaway, Dubai provides the best ecosystem for trading robots hence the decision to operate from there. The angel investors of the Dubai Lifestyle app are the Mahmood Brothers, two famous angel investors in the region. As Hathaway notes, the investment from these brothers has made it possible to develop a sophisticated and highly powerful trading algorithm.User reports find Dubai Lifestyle to be highly transparent and hence trustworthy. Transparency about the founders and the supporting team is one of the critical characteristics of a legit trading platform. Most scam trading robots do not disclose such information.How does Dubai Lifestyle app work?As mentioned earlier, the Dubai Lifestyle trading system is based on powerful computer algorithms. This algorithm scans the crypto markets for tradable insights and automatically executes them in the user account.Your role with this app is to open and close trading sessions and also harvest profits. According to the founder of the Dubai Lifestyle app, you need less than 20 minutes per day to monitor your account when trading with this app. However, users recommend that you monitor your account for at least 10 minutes every two hours and harvest your profits often.Like all other trading robots, there is a degree of risk in trading with Dubai Lifestyle. This means that you risk losing your profits if you do not withdraw them. The website recommends that you start small and grow your trading account as you get comfortable with the Dubai Lifestyle trading platform.Also, never invest an amount you cannot afford to lose. Trading robots apply margin trading which means that both profits and losses are magnified. Simply put, you are allegedly either likely to make huge profits or losses when trading with Dubai Lifestyle app.Key featuresReturn on InvestmentWhen trading with Dubai Lifestyle, users have claimed to make at least a thousand dollars in profits per day with a moderate capital investment of around $500. You can withdraw your earnings at any time through Visa, Master Card, Wire Transfer, Neteller, and many others.Trading platformDubai Lifestyle provides a fully equipped and highly intuitive web trader. User guides are available to help you navigate through setup and live trading. You do not need any technical experience to use this app. Also, you do not pay any fees for using the platform. Dubai Lifestyle makes money by charging a commission on the profits generated using the app.money back guaranteeDubai Lifestyle app allows you to withdraw your invested capital at any time and without attached strings. Withdrawals take between 24 to 48 hours to be processed. User reviews have determined that this trading robot does not charge any withdrawal fees.User testimonialThe Dubai Lifestyle app has a generally positive online sentiment, according to reviews. Most users report a positive experience with this trading robot. The robot is best known for accuracy, transparency, consistency and excellent customer service.AvailabilityDubai Lifestyle is only available in select countries. You can try the signup process through this link to determine if this trading robot is available in your country.How to Trade on Dubai Lifestyle AppThe website has determined that Dubai Lifestyle offers a seamless sign-up process. Users are required to fill a registration form provided on the platform’s webpage. A great signup process should only collect the necessary client’s details and should safeguard this data to ensure that it does not fall on the wrong hands.Testimonials have determined that the Dubai Lifestyle app does not appear to collect unnecessary client information. The registration page only collects the client’s names, email, and phone number. Moreover, the site is SSL secured to ensure that all data that is transmitted through it is encrypted. This ensures that hackers cannot gain access to it.Also worth noting, Dubai Lifestyle provides users with an option to opt in or out of their mailing list. This means that they do not use clients’ details to send unsolicited offers without their permission. Most scam trading robots are known to sell clients data to third-party offshore brokers. These brokers are usually unregulated and often disappear with clients deposits.The signup process also involves password creation. The website reports Dubai Lifestyle’s password policy to be strong. A weak password requirement is the number one loophole for cybersecurity breach.Demo TradingDubai Lifestyle app does not offer any demo trading. While demo trading may not be that necessary in automated trading, some clients may prefer to get a feel of platforms before jumping into live trading.Please read our review of Bitcoin Profit if you are looking for a trading robot that provides demo trading.Deposit and WithdrawalsDubai Lifestyle accepts multiple deposit and withdrawal methods to include Visa, Master Card, Wire Transfer, Maestro, Web Money, Neteller, Skrill, and many others. It is important to note that the accepted deposit methods depend on the underlying broker. Dubai Lifestyle app operates under-regulated brokers meaning that you should not worry about losing your deposit.To start trading with this robot, you need to deposit a minimum capital of $250. This money goes to your trading account and can be withdrawn at any time if you decide to quit trading. Both the website and user reviews recommend that you start small and upgrade your account as you get used to the trading platform.Deposits and withdrawals with Dubai Lifestyle appear to take between 24 to 48 hours. This is the average wait time for the majority of top trading robots. There are no deposit and withdrawal fees with this robot, but you may incur some charges on the side of the financial institution facilitating the transaction.As mentioned earlier, Dubai Lifestyle makes money by charging a small commission on the profits generated through the app. The small fee also includes broker commissions. The platform can also guarantee that this trading app fully protects users billing information. Dubai Lifestyle app does not store any clients’ billing information.Live TradingLive Trading with Dubai Lifestyle app involves opening and closing trading sessions. The app automatically carries out research and executes corresponding trades. All that a user is required to do start trading is to set up the web-trader and switch on live trading. This trading platform comes with guides to help you navigate through the process.Dubai Lifestyle recommends that users should monitor their accounts for at least 20 minutes per day. However, users believe that you should check on your account at least for ten minutes every two hours. This is because trading with this robot involves some risk which means that you should keep a close eye and withdrawal profits as soon as they accumulate to considerable amounts. Also, users recommend that you close trading sessions at the end of the day. Leaving positions open overnight may result in some changes.Regarding security, the Dubai Lifestyle trading platform is secured by VeriSign, Symantec, McAfee, and Geo Trust. The platform is also GDPR compliant. Testimonials did not report any complaints about Dubai Lifestyle trading app security.Unfortunately, Dubai Lifestyle does not offer a manual trading alternative. Read our review of Easy Trade App if you are looking for a trading robot that offers manual tradingAdvantages of Trading with Dubai Lifestyle appThis trading app is among our top picks for the best crypto trading platforms in 2019. Founded in 2016, Dubai Lifestyle app has already established itself as a popular trading platform. The following are the key benefits of trading with Dubai Lifestyle. Consistent trading platform – Dubai Lifestyle trading app has proven itself as consistent regarding accuracy. This trading robot generates an average of $7000 in profits per day with a moderate investment of about $1000, according to user reviews. Highly transparent – Testimonials report that this trading platform is highly transparent. They have made disclosers about the founders and the funders. This app also provides a list of its partner brokers and is also open about its fee mechanism. Money-back guarantee – Users can withdraw their capital at any time without having to pay any fees or wait for long periods. Those same users have verified that it takes less than 48 hours to withdraw funds. Regulated partner brokers – Reviews have determined that this trading robot partners with regulated brokers only. This means that traders are guaranteed that their deposits are protected.Is Dubai Lifestyle app legit? The Verdict!Users have established that Dubai Lifestyle app is entirely legit and worth a try. This trading robot scores best in transparency, reliability and customer service. However, the website recommends that you open an account with them. But, it also recommends that you do not start with more than the minimum amount required until you are comfortable with the platform.Remember that all investment opportunities carry a certain risk. This especially applies to cryptocurrencies, which are still relatively young in the financial markets.FAQsIs Dubai Lifestyle app legit? Dubai Lifestyle app appears to be legit and worth a try.Do I need any experience to trade with Dubai Lifestyle? No! Dubai Lifestyle trades automatically. All you are required to do when trading with this app is to open and close trading sessions. This is a pretty simple activity and should not take you more than three minutes.How much should I deposit with Dubai Lifestyle? Dubai Lifestyle requires a minimum deposit of $250. The more you invest, the higher the profits you will allegedly get. But, user testimonials recommend that you start small and only upgrade your account when you are comfortable with the trading platform.How much can I make with Dubai Lifestyle? With this trading app, users report that they can make over $7000 per day with a capital investment of less than $1000 per day.How can I withdraw my profits on Dubai Lifestyle? Open your account balance page and click on withdraw funds. Specify the amount you want to withdraw and follow the process. The funds should reflect in your bank account in less than 48 hours.Can I get my money back if I choose not to trade with Dubai Lifestyle? Yes! You can withdraw your trading capital by following the process provided on the account balance page.