What is ForexRobot.com?
ForexRobot.com is a website that claims to be a revolutionary Forex trading tool that can help traders make huge profits with little to no effort. The website also claims that the software is fully automated and can trade for you while you sleep. While these claims may sound too good to be true, we decided to take a closer look at ForexRobot.com and see if it is a legit or scam Forex trading tool.
First, we will start with an overview of what ForexRobot.com is and how it works. According to the website, ForexRobot.com is “an automated Forex trading robot that trades for you 100% automatically”. The robot supposedly uses cutting-edge technology to analyze the markets and make winning trades. The best part? The robot is said to be completely free! All you need to do is create an account and deposit money into it, and the robot will do the rest.
As we mentioned earlier, one of the biggest red flags when it comes to ForexRobot.com is that it seems too good to be true. We have seen many similar products that claim to be able to make you rich quickly and easily without any effort on your part, and most of them turn out to be scams. In addition, the fact that this product is free also raises some suspicion as usually, quality products like this come with a price tag.
Another red flag we noticed
How does it work?
Forex Robot is an automated trading software that trade on your behalf with pre-determined parameters. There are a lot of different settings that can be set for each individual currency pair, and you can select which pairs you want the software to trade for you. The software is available for free, but there is also a VIP version that gives you access to more features and customer support.
Is it a legit or scam?
When it comes to investment opportunities, the Forex market is one of the most popular choices for those looking to make some extra money. And with the rise of online trading, it’s now easier than ever to get involved.
But before you start buying and selling currencies, it’s important to do your research and make sure you’re dealing with a legitimate company. That’s why we’ve taken a closer look at ForexRobot.com, to see if they’re a legit operation or a scam.
Here’s what we found:
ForexRobot.com is a website that offers forex trading software that promises to give users an “automated experience.”
The company is headquartered in London, UK, and claims to be regulated by the Financial Conduct Authority (FCA).
We did some digging, and found that ForexRobot.com is not actually registered with the FCA. This doesn’t necessarily mean that they’re a scam, but it’s definitely something to be aware of.
The website also says that their software is available for free, but in order to use it you must deposit at least $250 with one of their recommended brokers.
So far, everything seems above board. However, there are a few things that gave us pause.
For starters, the testimonials on the ForexRobot.com website seem fake. The photos have been lifted from stock image websites, and
Does accept USA traders?
If you’re a USA-based forex trader, then you’ll be pleased to know that ForexRobot.com does accept USA traders. There are a few things to be aware of before you start trading on the site, though. Firstly, you’ll need to have a valid US address and phone number in order to sign up. Secondly, all deposits and withdrawals will need to be made in US dollars. And finally, you may need to provide additional identification documents when signing up, such as your Social Security number or passport details.
Assuming you meet all of the above criteria, you’ll be able to trade on ForexRobot.com just like any other user. The site offers a variety of features and tools that can be used to help you make successful trades, including live market news, technical analysis resources, and more. So if you’re looking for a reputable and user-friendly forex trading platform that accepts USA traders, ForexRobot.com could be the perfect option for you.
Conclusion
There are a lot of different Forex robots out there, and it can be tough to know which ones are legit and which ones are scams. ForexRobot.com is one of the more popular options, but is it a good choice? In our review, we’ll take a look at what this robot has to offer and whether or not it’s worth your time. We’ll also answer some common questions about the site, like whether or not it accepts USA traders.