In difficult economic and even cultural times it is useful to have an independent source of income. One approach which has become exceeding popular is the use of binary automated systems; such as Robotfx. These products provide an easy way to trade in the money markets without any experience.
The software can be downloaded and installed in moments, leaving you free to trade. With potential returns of 100% Robotfx has a certain appeal. You will need to place $250 with your chosen broker before you are permitted to start trading.
However, it has been noted by customers that this is a Robotfx scam; profits are not what they should be and there is often a complete lack of reply from any attempt to contact customer services. You will also find that you are required to pay a fee every month and you have no option regarding the brokerage which must be used.
Using the Robotfx Automated Trading Service
Robotfx is another product which offers you the ability to create an account, set up preferences and then leave it to trade. Theoretically you will earn money as you do other things. The software will find the best opportunities and invest in them on your behalf. Robotfx is designed to use fundamental and technical analysis to ensure the best results are generated.
Unfortunately there is little information to confirm how accurate their figures are; particularly when it comes to assessing the success rate. The fact that you are unable to control many of the settings may be beneficial to new traders. However, it also makes it more difficult to navigate the site properly.
Robotfx - Is It a Scam?
The information suggests that this system has been created by industry leading professionals. Unfortunately it is not possible to isolate these people and this creates an issue that suggests it is a Robotfx scam. This is borne out by the claims of earnings which do not seem to be realistic.
Whilst it is not possible to say for certain that the Robotfx app is a scam; it is certainly safe to say there are better apps available which should be investigated first.
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