Quantitativetrading

Lately, the name WPOne has been widely discussed in Indonesia as a platform that offers fantastic profits through a quantitative trading approach. WPOne claims to be able to generate a 2% ROI per day on a compound daily basis, which if calculated, can generate very large returns in a short time.
However, the question arises: Is this normal or is it an indication of a scam scheme?
In the trading world, quantitative trading is indeed a legitimate method, used by large hedge funds such as Renaissance Technologies and Citadel. However, a consistent 2% daily ROI is a very high number and is not common in highly volatile financial markets. Even the best trading bots on Binance rarely reach that number in the long run without significant risk.