Nirvana Systems Review - VerifyAlgo Safety Score: 87.4/100
- Verify Algo
- Oct 22
- 18 min read
Updated: Oct 22
Safety Score Breakdown
U.S. Regulated Brokers Only: 20/20 ✅
U.S. Regulated Markets Only: 20/20 ✅
Reputation Score (Trustpilot): 7.4/10 ⭐⭐⭐⭐
Dangerous Strategies (Low Score = Bad, High Score = Good): 20/20 ✅
Drawdown History (Low Score = Bad, High Score = Good): 20/20 ✅
Performance Transparency: 0/10 ❌
Total Score: 87.4/100
Risk Assessment: Meets VerifyAlgo safety standards in most categories; performance transparency limitations present
Recommendation: Nirvana Systems meets VerifyAlgo's safety criteria in regulatory structure, strategy methodology, and drawdown history. The service trades equities exclusively through U.S. regulated brokerages, operates only in U.S. regulated equity markets, employs long-only momentum strategies with cash management (not Martingale or grid trading), and has no documented complete blowups with reasonable 10-15% drawdown levels reported. The service receives average client feedback (3.7/5.0 Trustpilot). However, the service receives zero points in performance transparency as advertised performance is based on hypothetical simulated results rather than model accounts tracking real client fills or aggregate client statistics. The long-only momentum approach may be less effective during bear markets as the system returns to cash when momentum fades or conditions don't meet system criteria. Since the service is long-only, it is most likely not an effective solution for people looking to hedge against market downturns. With a score of 87.4/100, Nirvana Systems demonstrates strong structural safety foundations but should improve performance transparency to show actual client results.
Executive Summary
Nirvana Systems (nirvanasystems.com) provides algorithmic trading services for U.S. regulated equity markets. According to the company's Trustpilot profile, they have a rating of 3.7/5.0. VerifyAlgo's analysis finds that Nirvana Systems meets safety standards in most critical categories: the service trades equities exclusively through U.S. regulated brokerages, operates only in U.S. regulated equity markets, employs long-only momentum strategies with cash management (avoiding Martingale and grid trading), and has no documented complete blowups with reasonable 10-15% drawdown levels reported by some users. However, advertised performance is based on hypothetical simulated results rather than model accounts tracking all real client fills or aggregate client performance statistics. The long-only momentum approach may be less effective during bear markets, as the system returns to cash when momentum fades or conditions don't meet system criteria. Since the service is long-only, it is most likely not an effective solution for people looking to hedge against market downturns. With a score of 87.4/100, Nirvana Systems demonstrates strong regulatory structure, strategy safety, and reasonable drawdown history, but lacks comprehensive performance transparency showing actual client results.
Detailed Score Breakdown
1. U.S. Regulated Brokers Only: 20/20 Points ✅
VerifyAlgo Criterion: Services must exclusively use U.S. NFA/CFTC regulated brokers or SEC-regulated brokerages for equities.
Finding: Nirvana Systems trades equities through U.S. regulated brokerages.
Documentation: According to available information, Nirvana Systems trades equities exclusively through U.S. regulated brokerages.
Educational context:
U.S. regulated brokerages for equities provide:
SEC regulatory oversight
FINRA membership and compliance
SIPC insurance protection (up to $500,000 including $250,000 cash)
Regulatory oversight and compliance requirements
Segregated client funds
Regular financial reporting and audits
Regulatory recourse through established channels
Why this matters:
Using U.S. regulated brokerages means:
Client funds protected under U.S. securities regulations
SIPC insurance coverage
SEC oversight
Established regulatory framework
Access to regulatory recourse if issues arise
Score rationale: Nirvana Systems trades equities exclusively through U.S. regulated brokerages. Full points awarded in this category.
2. U.S. Regulated Markets Only: 20/20 Points ✅
VerifyAlgo Criterion: Services must operate exclusively in U.S. regulated markets with centralized clearing.
Finding: Nirvana Systems operates exclusively in U.S. regulated equity markets.
Documentation: According to available information, Nirvana Systems trades only equities.
Educational context - U.S. regulated equity markets:
U.S. regulated equity markets provide:
SEC oversight and regulatory surveillance
Exchange clearing (DTCC/NSCC)
Transparent centralized pricing
Standardized settlement (T+2)
Circuit breakers and trading halts
Market surveillance
Investor protections under securities laws
U.S. equity markets:
These markets include:
NYSE (New York Stock Exchange)
NASDAQ
Other SEC-regulated exchanges
Centrally cleared through DTCC
Subject to SEC oversight
Available through regulated brokerages
Why this matters:
Operating exclusively in U.S. regulated equity markets means:
No unregulated forex spot or CFD exposure
Centralized clearing and settlement
SEC regulatory oversight
Transparent exchange pricing
Investor protections under U.S. securities laws
Score rationale: Nirvana Systems operates exclusively in U.S. regulated equity markets. Full points awarded in this category.
3. Reputation Score: 7.4/10 Points ⭐⭐⭐⭐
Trustpilot Rating: 3.7/5.0
VerifyAlgo Reputation Score: 7.4/10 (Trustpilot rating × 2)
Client feedback themes:
Based on Trustpilot reviews, feedback includes:
Customer experiences with the system
Performance results
Drawdown experiences
Customer service interactions
Long-only strategy considerations
Drawdown reports:
According to Trustpilot reviews, some accounts have experienced 10-15% drawdowns.
Educational context on 10-15% drawdowns:
Drawdowns of 10-15% represent:
Reasonable levels for automated equity trading systems
Typical ranges during normal market corrections
Not excessive or concerning for equity strategies
Within normal expectations for momentum-based approaches
Long-only strategy context:
According to available information:
Nirvana Systems trades long-only momentum strategies
System returns to cash when momentum fades or conditions don't meet system criteria
May be less effective during bear markets
Cash management helps limit downside during unfavorable conditions
Not designed to hedge against market downturns
Educational context:
A 3.7/5.0 Trustpilot rating represents average client satisfaction within the algorithmic trading industry. This rating reflects experiences of clients who left reviews.
Score rationale: The Trustpilot rating of 3.7/5.0 converts to 7.4/10 using VerifyAlgo's scoring methodology (Trustpilot score × 2).
4. Dangerous Strategies (Low Score = Bad, High Score = Good): 20/20 Points ✅
VerifyAlgo Criterion: Services must not use Martingale, grid trading, or similar unlimited-risk strategies.
Finding: Nirvana Systems does not employ Martingale or grid trading strategies.
Documentation: According to available information, Nirvana Systems does not use Martingale or grid trading strategies. The service employs long-only momentum strategies with cash management.
Educational context:
Martingale and grid trading strategies involve:
Unlimited loss potential during extended adverse movements
Position doubling or accumulation during adverse moves
Can result in catastrophic losses
Nirvana Systems' approach:
According to available information, Nirvana Systems:
Does not employ Martingale strategies
Does not employ grid trading strategies
Employs long-only momentum strategies
Returns to cash when momentum fades or conditions don't meet system criteria
Long-only momentum with cash management:
This approach involves:
Identifying stocks with positive momentum
Entering long positions when momentum criteria are met
Exiting to cash when momentum fades or conditions change
No unlimited position accumulation
Risk management through cash positions during unfavorable conditions
Why this matters:
Avoiding Martingale and grid trading strategies means:
Risk profiles are defined rather than unlimited
No position doubling during adverse moves
Drawdowns are related to strategy characteristics rather than unlimited position accumulation
Long-only considerations:
Long-only momentum strategies:
Perform well during bull markets and favorable momentum conditions
May be less effective during bear markets
Cash management helps limit downside during unfavorable conditions
System returns to cash rather than accumulating positions
Not designed to profit from market downturns
Score rationale: Nirvana Systems does not employ Martingale or grid trading strategies. The service uses long-only momentum with cash management. Full points awarded in this category.
5. Drawdown History: 20/20 Points ✅
VerifyAlgo Criterion: No documented complete account losses or excessive drawdowns beyond reasonable levels for the strategy type.
Finding: No complete account blowups documented. Some users report 10-15% drawdowns, which are reasonable levels for automated equity trading systems.
Documentation: According to Trustpilot reviews:
No complete blowups documented
Some accounts have experienced 10-15% drawdowns
These drawdown levels are not excessive for equity momentum strategies
Positive finding - no complete blowups:
No client reviews document complete account losses (100% wipeout). This indicates:
Risk management controls are functioning
No catastrophic strategy failures documented
Drawdowns remain within reasonable levels
Drawdown context:
Some users report experiencing 10-15% drawdowns. These levels represent:
Reasonable drawdowns for automated equity trading systems
Typical ranges during normal market corrections
Not excessive or concerning levels
Within normal expectations for momentum-based equity approaches
Educational context on 10-15% drawdowns:
10% drawdown:
Account declines by 10% from peak
$10,000 account declines to $9,000
Requires 11% gain to return to peak
Normal range for equity strategies
15% drawdown:
Account declines by 15% from peak
$10,000 account declines to $8,500
Requires 18% gain to return to peak
Reasonable range for equity strategies
Why these levels are not concerning:
For equity momentum strategies:
10-15% drawdowns are typical during market corrections
S&P 500 experiences similar drawdowns periodically
These levels indicate normal strategy behavior
Not indicative of excessive risk-taking
Cash management helps limit drawdowns during unfavorable conditions
Long-only strategy and drawdown management:
According to available information:
System returns to cash when momentum fades
System returns to cash when conditions don't meet system criteria
This cash management helps limit drawdowns
May be less effective during bear markets but manages risk through cash positions
Does not hedge against market downturns
Why full credit (20/20):
Full credit awarded:
No complete account blowups documented ✅
Drawdown levels (10-15%) are reasonable for equity strategies ✅
Not excessive or concerning levels ✅
System employs cash management for risk control ✅
Within normal expectations for momentum-based equity approaches ✅
Score rationale: Nirvana Systems has no documented complete blowups and reported drawdowns of 10-15% are reasonable levels for automated equity trading systems. Full points awarded in this category.
6. Performance Transparency: 0/10 Points ❌
VerifyAlgo Criterion: Third-party verified performance through platforms like MyFXBook or model account methodology showing representative client results.
Finding: Nirvana Systems advertises hypothetical performance based on simulated results rather than model accounts tracking real client fills or aggregate client statistics.
Documentation: According to available information, advertised performance is based on hypotheticals marketed from simulated performance.
Why this receives zero points:
Simulated/hypothetical performance:
Based on backtests or simulations, not actual client trading
Does not reflect real client fills
Does not show slippage, commissions, or real execution conditions
Cannot verify what actual clients experience
Does not represent actual client outcomes
What is missing:
Services receiving full transparency points would provide:
Model account methodology: Tracking all real client fills and showing average performance
Aggregate client statistics: Real-life fills of all users
Third-party verification: Independent confirmation of actual client results
Real trading results: Based on actual executions, not simulations
Contrast with highest transparency:
The highest-scoring services provide:
Model account tracking all real-life fills across every live account
Average performance across all users
Third-party audits of actual results
Real execution data, not simulations
Why simulated performance is problematic:
Simulated performance:
Does not account for slippage (difference between expected and actual fill prices)
Does not account for real execution delays
Does not show how strategy performs in real market conditions
Cannot verify typical client experience
May differ significantly from actual client results
Educational context:
The difference between simulated and real performance can be substantial:
Simulations assume perfect fills at historical prices
Real trading experiences slippage, especially in fast markets
Commissions and fees affect actual results
Market impact of orders affects real fills
Simulations cannot capture real-world execution challenges
Why 0/10:
No credit awarded:
Performance is hypothetical/simulated, not based on real client fills ❌
No model account tracking actual client experiences ❌
No aggregate statistics showing real client outcomes ❌
No third-party verification of actual results ❌
Cannot verify what typical clients actually experience ❌
What Nirvana Systems should provide:
To improve transparency score:
Model account tracking all real client fills
Aggregate performance showing average of all client results
Third-party verification of actual client outcomes
Real execution data instead of simulated results
Clear disclosure of typical client experiences
Score rationale: Nirvana Systems advertises hypothetical performance based on simulated results rather than model accounts tracking real client fills or aggregate client statistics. Zero points awarded in this category.
Score Summary
U.S. Regulated Brokers (20%): 20/20 — Exclusively uses U.S. regulated brokerages for equities ✅
U.S. Regulated Markets (20%): 20/20 — Operates exclusively in U.S. regulated equity markets ✅
Reputation Score (10%): 7.4/10 — Trustpilot rating of 3.7/5.0 ⭐⭐⭐⭐
Dangerous Strategies (Low Score = Bad, High Score = Good) (20%): 20/20 — Does not employ Martingale or grid trading; uses long-only momentum with cash management ✅
Drawdown History (20%): 20/20 — No complete blowups; 10-15% drawdowns are reasonable for equity strategies ✅
Performance Transparency (10%): 0/10 — Hypothetical simulated performance; no model account or aggregate client statistics ❌
Total VerifyAlgo Safety Score: 87.4/100
Educational Analysis
What the score means:
A score of 87.4/100 indicates Nirvana Systems meets VerifyAlgo's safety standards in most evaluated categories. The service achieves full points in regulatory structure (40/40 points), strategy safety (20/20 points), and drawdown history (20/20 points), while receiving average reputation score (7.4/10) and zero points in performance transparency (0/10).
Key findings:
Broker structure: Exclusively uses U.S. regulated brokerages ✅
Market structure: Operates exclusively in U.S. regulated equity markets ✅
Strategy methodology: Long-only momentum with cash management; does not employ Martingale or grid trading ✅
Risk disclosure: Reasonable 10-15% drawdowns reported ✅
Risk history: No complete blowups documented ✅
Transparency: Hypothetical simulated performance; no real client fill tracking ❌
Client feedback: Average Trustpilot rating (3.7/5.0) ⭐⭐⭐⭐
Strategy characteristics: Long-only approach; may be less effective during bear markets; returns to cash during unfavorable conditions; not designed to hedge against market downturns ⚠️
What distinguishes this score:
Nirvana Systems demonstrates strong structural foundations (U.S. regulated brokers and markets), safe strategy methodology (no Martingale/grid), and reasonable drawdown history (10-15%). However, the service lacks performance transparency by advertising hypothetical simulated results rather than real client outcomes.
Understanding Long-Only Momentum Strategies
What prospective clients should understand:
According to available information, Nirvana Systems:
Trades long-only momentum strategies
Returns to cash when momentum fades
Returns to cash when conditions don't meet system criteria
May be less effective during bear markets
Not designed to hedge against market downturns
How long-only momentum works:
Basic approach:
System identifies stocks with positive momentum
Enters long positions when momentum criteria are met
Holds positions while momentum persists
Exits to cash when momentum fades or conditions change
Remains in cash during unfavorable conditions
Why "long-only":
Only takes long positions (buying stocks expecting them to rise)
Does not short stocks (betting on declines)
Cannot profit directly from falling markets
Returns to cash instead of shorting
Not designed as a hedging tool
Cash management:
System moves to cash when momentum fades
System moves to cash when conditions don't meet criteria
Cash positions during unfavorable conditions
This helps limit drawdowns during adverse periods
Does not provide active hedging against downturns
Performance characteristics:
During bull markets:
Long-only momentum typically performs well
Stocks with momentum continue rising
Strategy captures upward trends
Can produce strong returns
During bear markets:
Long-only momentum may be less effective
Stocks generally decline
System returns to cash to preserve capital
Cannot profit from declining markets (no shorting)
Cash positions limit losses but produce no gains
Not providing active hedge against market declines
During sideways/choppy markets:
Performance depends on momentum availability
May experience whipsaws (false signals)
System returns to cash when momentum fades
May have periods of cash positions
Important Consideration: Not a Hedging Solution
What prospective clients must understand:
Since Nirvana Systems is long-only, it is most likely not an effective solution for people looking to hedge against market downturns.
What this means:
Hedging defined:
Reducing risk of adverse price movements
Using strategies that profit when markets decline
Protecting portfolio value during downturns
Offsetting losses in other holdings
Long-only strategies do NOT provide hedging because:
Cannot profit from falling markets
No short positions to gain during declines
Cash positions preserve capital but don't offset losses
Not designed to protect against downturns
During market downturns, long-only strategies:
Move to cash (preservation)
Do not gain value (no hedging benefit)
Sit on sidelines during decline
Cannot offset losses in other portfolio holdings
What hedging strategies look like:
Strategies that CAN hedge against downturns:
Short selling (profiting from declines)
Long/short strategies (long some stocks, short others)
Put options (gain value when markets fall)
Inverse ETFs or futures (profit from declines)
Market-neutral strategies
Nirvana Systems does NOT employ these hedging approaches.
Who should consider Nirvana Systems:
Appropriate for investors who:
Want exposure to momentum during bull markets
Are comfortable sitting in cash during bear markets
Don't need hedging protection
Want to capture upside while limiting downside through cash
Already have diversified portfolio and want momentum overlay
Understand the strategy returns to cash, not hedges, during downturns
NOT appropriate for investors who:
Need to hedge against market downturns
Want strategies that profit during bear markets
Need consistent returns regardless of market direction
Want protection for existing long equity positions
Require market-neutral or hedged approaches
Cannot tolerate extended cash positions during bear markets
Questions to ask yourself:
Am I looking for a hedging solution? (If yes, Nirvana Systems is not appropriate)
Am I comfortable with long-only exposure?
Do I understand the system goes to cash, not hedges, during downturns?
Am I comfortable with potentially extended cash positions?
Do I already have sufficient diversification?
Am I seeking momentum exposure during favorable conditions?
Questions to ask Nirvana Systems:
What percentage of time is the system typically in cash vs. invested?
How does performance vary between bull and bear markets?
What are typical returns during bull market periods?
What happens to performance during bear market periods?
How long can cash positions persist during market downturns?
Can this strategy provide any hedging benefit? (Answer should be no)
Understanding the Performance Transparency Gap
What prospective clients should understand:
Nirvana Systems advertises hypothetical performance based on simulated results. This means:
Performance is based on backtests or simulations
Not based on actual client trading
Does not reflect real client fills
Cannot verify typical client experience
Why this matters:
Simulated performance assumes:
Perfect fills at historical prices
No slippage (difference between expected and actual prices)
No execution delays
Ideal market conditions
Real trading experiences:
Slippage (especially in fast-moving markets)
Execution delays
Commissions and fees
Market impact of orders
Real-world execution challenges
The difference can be significant:
Example scenario:
Simulation shows 20% annual return
Real trading might experience:
1-2% slippage impact
0.5-1% commission/fee impact
Execution timing differences
Actual client results might be 17-18% (hypothetical example)
What is unknown without real client data:
Without model account or aggregate statistics, prospective clients cannot know:
What do actual clients experience?
How do real fills compare to simulations?
What is typical client performance?
What percentage of clients are profitable?
What is the range of client outcomes?
How does actual performance vary across market conditions?
What would provide better transparency:
Model account: Track all real client fills and show average
Aggregate statistics: Real performance across all clients
Third-party verification: Independent confirmation of actual results
Distribution of outcomes: Percentage of clients with various results
Bull vs. bear market performance: Actual client results in different conditions
Questions to ask Nirvana Systems:
Can you provide performance data from actual client trading?
What is the difference between simulated and actual client results?
Can you track real client fills in a model account?
What percentage of clients achieve results similar to simulated performance?
Can you provide aggregate statistics across all clients?
Why do you use simulated performance instead of actual client results?
How does actual client performance differ between bull and bear markets?
Understanding the 10-15% Drawdown Context
What prospective clients should understand:
According to Trustpilot reviews, some accounts have experienced 10-15% drawdowns. These levels represent:
Reasonable drawdowns for equity strategies
Typical ranges during market corrections
Not excessive or concerning levels
Normal expectations for momentum-based approaches
Educational context:
10% drawdown:
Account with $10,000 declines to $9,000
Requires 11% gain to return to peak
Typical during minor market corrections
15% drawdown:
Account with $10,000 declines to $8,500
Requires 18% gain to return to peak
Typical during moderate market corrections
Why these are reasonable:
For comparison:
S&P 500 experiences 10%+ corrections periodically
Most equity strategies experience similar drawdowns
10-15% is considered normal range
Not indicative of excessive risk
Cash management context:
According to available information:
System returns to cash when momentum fades
This helps limit drawdowns
Cash positions during unfavorable conditions
10-15% drawdowns suggest effective risk management
Does not actively hedge but limits exposure through cash
Questions to ask yourself:
Can I tolerate temporary 10-15% declines?
Do I understand these are normal for equity strategies?
Am I comfortable with the long-only approach during bear markets?
Do I understand the system returns to cash (not hedges) during unfavorable conditions?
Am I looking for a hedging solution? (If yes, this is not appropriate)
Considerations for Investors
What this review provides:
This analysis is educational and based on:
Available information about operations and strategies
Trustpilot reviews (3.7/5.0 rating)
Company website information
Documented use of U.S. regulated brokerages and markets
Long-only momentum strategy description
Drawdown levels reported by users
Performance transparency methodology
Objective application of VerifyAlgo's safety criteria
Understanding the score:
87.4/100 reflects:
Exclusively uses U.S. regulated brokerages ✅
Exclusively operates in U.S. regulated equity markets ✅
Does not employ Martingale or grid trading strategies ✅
Uses long-only momentum with cash management ✅
No complete blowups documented ✅
Reasonable 10-15% drawdowns reported ✅
Hypothetical simulated performance (not real client fills) ❌
Average client satisfaction (3.7/5.0 Trustpilot) ⭐⭐⭐⭐
Long-only approach; not designed to hedge against market downturns ⚠️
Critical questions for prospective investors:
About strategy and hedging:
How does the long-only momentum approach work?
What momentum criteria trigger entries and exits?
How much time is typically spent in cash vs. invested?
How does performance vary between bull and bear markets?
What happens during extended bear markets?
Can this strategy provide hedging protection? (It cannot)
Am I looking for a hedging solution or momentum exposure?
About performance:
Can you provide actual client performance data instead of simulations?
What is the difference between simulated and actual client results?
Can you show real client fills through a model account?
What percentage of clients achieve results similar to simulated performance?
Why do you use simulated performance instead of actual client tracking?
How do actual results differ between bull and bear markets?
About drawdowns:
Are 10-15% drawdowns typical?
What are maximum historical drawdowns?
How long do drawdowns typically last?
How does cash management limit drawdowns?
Does cash management provide hedging? (It does not)
About operations:
How much capital do I need to start?
What are the fees?
Which U.S. regulated brokerages can I use?
How do I connect my account?
What support is available?
Personal assessment:
Before considering Nirvana Systems, assess:
Am I looking for a hedging solution? (If yes, Nirvana Systems is not appropriate)
Can I tolerate 10-15% drawdowns?
Am I comfortable with long-only approach (no shorting)?
Do I understand the strategy may be less effective during bear markets?
Am I comfortable with extended cash positions during unfavorable conditions?
Do I understand cash positions preserve capital but don't provide hedging?
Can I accept that advertised performance is simulated, not based on real client results?
Do I understand I cannot verify typical client experience without real performance data?
Am I comfortable with U.S. regulated equity trading?
Do I want momentum exposure during favorable conditions?
Comparison Context
How Nirvana Systems compares within VerifyAlgo framework:
Strengths:
Exclusively uses U.S. regulated brokerages ✅
Exclusively operates in U.S. regulated equity markets ✅
No Martingale or grid trading strategies ✅
Long-only momentum with cash management ✅
No complete blowups documented ✅
Reasonable 10-15% drawdowns ✅
Area for improvement:
Hypothetical simulated performance instead of real client fill tracking ❌
No model account showing actual client experiences ❌
Cannot verify typical client outcomes ❌
Area requiring awareness:
Long-only approach may be less effective during bear markets ⚠️
Returns to cash during unfavorable conditions (preservation, not hedging) ⚠️
Not an effective solution for people looking to hedge against market downturns ⚠️
Score context:
Services at 90-100/100: Meet all VerifyAlgo criteria
Nirvana Systems at 87.4/100: Meets most criteria; performance transparency gap present
Services at 80-90/100: Meet most criteria with minimal gaps
Services at 60-80/100: Meet most criteria with some gaps
Services at 40-60/100: Mixed profiles
Services at 20-40/100: Multiple areas not meeting criteria
Services at 0-20/100: Fundamental structural issues
Nirvana Systems demonstrates strong regulatory structure (U.S. regulated brokers and markets) and safe strategy methodology (long-only momentum, no Martingale/grid), but lacks performance transparency by using simulated rather than real client results.
Comparison with other reviewed services:
Services reviewed by VerifyAlgo scoring below 50/100 typically:
Use unregulated brokers (often on CFTC RED List)
Operate in unregulated forex/CFD markets
Employ Martingale or grid trading strategies
Have documented complete blowups
Provide only single-account tracking or simulated performance
Nirvana Systems differs by:
Using only U.S. regulated brokerages
Operating only in U.S. regulated equity markets
Avoiding Martingale/grid strategies
Having no complete blowups
Reasonable 10-15% drawdowns
However, like some services:
Uses hypothetical simulated performance
Does not track real client fills
Cannot verify typical client experience
Additionally, prospective clients should understand:
Long-only approach is not designed for hedging
Not appropriate for investors seeking protection against downturns
Understanding the Trustpilot Rating
Context on the 3.7/5.0 rating:
The 3.7/5.0 Trustpilot rating represents average client satisfaction within the algorithmic trading industry. This rating reflects experiences of clients who left reviews.
What this indicates:
Average client satisfaction
Mix of client experiences
Some positive feedback
Some concerns or criticisms
Ratings reflect actual user experiences
Strategy performance variation:
With long-only momentum strategies:
Performance varies significantly across market conditions
Bull market periods typically more favorable
Bear market periods may see extended cash positions
Client satisfaction may correlate with market conditions during their experience
Clients expecting hedging may be disappointed (not designed for that purpose)
Educational context:
With market-dependent, non-hedging strategies:
Clients enrolling during bull markets may have better experiences
Clients experiencing bear markets may see extended cash positions
Clients seeking hedging will find strategy inappropriate
Ratings reflect aggregate satisfaction across different market conditions
Average rating reflects mix of these experiences
Methodology Note
This review applies VerifyAlgo's safety framework objectively:
Scores reflect criteria alignment: Each category has defined standards
Documentation based on: Available information, Trustpilot reviews, company website, strategy description
Analysis is educational: Intended to help investors understand factors and make informed decisions
Factual reporting: Review reports documented information and applies objective criteria
No intent to harm or promote: Review is for educational purposes
Recognition of strengths: Acknowledges strong regulatory structure and safe strategy methodology
Transparency about limitations: Notes performance transparency gap and clarifies that long-only approach is not designed for hedging
What VerifyAlgo scores measure:
✅ Regulatory structure (broker and market oversight)
✅ Strategy methodology (Martingale, grid, position sizing)
✅ Historical outcomes (documented blowups and drawdowns)
✅ Performance transparency (simulated vs. real client results)
✅ Independent client feedback
What VerifyAlgo scores do NOT measure:
❌ Current profitability
❌ Company customer service quality (though reputation reflects this)
❌ Whether strategy will be profitable in future
❌ Future performance
❌ Suitability for individual investors' specific needs (e.g., hedging)
Important context:
The 87.4/100 score reflects:
Strong regulatory structure (U.S. regulated brokers and markets) ✅
Strategy safety (no Martingale or grid trading) ✅
Long-only momentum with cash management ✅
Reasonable drawdown history (10-15%) ✅
No complete blowups documented ✅
Performance transparency gap (simulated vs. real results) ❌
Average client satisfaction (3.7/5.0 Trustpilot) ⭐⭐⭐⭐
Not designed as hedging solution ⚠️
Nirvana Systems demonstrates strong structural foundations in regulated markets with safe strategy methodology. Providing model account performance tracking of real client fills instead of simulated results would significantly improve transparency and allow prospective clients to verify typical client experiences. Prospective clients should clearly understand that the long-only approach is not designed to hedge against market downturns.
Company Response
Nirvana Systems may contact VerifyAlgo to provide additional information or clarification regarding:
Actual client performance data vs. simulated results
Model account methodology tracking real client fills
Aggregate client statistics showing typical outcomes
Difference between simulated and actual client results
Third-party verification of actual client outcomes
Performance variation across different market conditions (bull vs. bear)
Educational materials about long-only momentum approach
Clarification about non-hedging nature of strategy
VerifyAlgo will review any submitted documentation and update this analysis within 5 business days if factual corrections are warranted.
Specific invitation:
If Nirvana Systems can provide:
Model account tracking all real client fills
Aggregate statistics showing actual client outcomes
Third-party verification of real client results
Analysis of simulated vs. actual performance differences
Distribution of client outcomes (percentage profitable, typical results)
Performance data across different market conditions (bull vs. bear markets)
Educational materials clarifying strategy is not designed for hedging
VerifyAlgo would review this documentation and update the assessment accordingly.
Nirvana Systems' use of exclusively U.S. regulated brokerages and markets, combined with safe long-only momentum strategy methodology and reasonable drawdown history, represents strong structural foundations. Providing real client performance data instead of simulated results would complete the transparency framework and allow prospective clients to make fully informed decisions. Prospective clients should understand that the long-only approach is not designed to hedge against market downturns.
Sources:
Trustpilot reviews (nirvanasystems.com): 3.7/5.0 rating
Company website (nirvanasystems.com)
Available information regarding U.S. regulated brokerage usage
Available information regarding U.S. regulated equity markets
Available information regarding long-only momentum strategy methodology
User reports of 10-15% drawdowns
Available information regarding hypothetical simulated performance
VerifyAlgo safety framework criteria
