Option Robot Review Authentic Analysis For Scam Check

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Algo Robotics Review, Fake Algo Robotics Scam Exposed!

Algo Robotics. Welcome to our Algo Robotics Review and informative SCAM investigation. You are reading this Algo Robotics Review since you were probably solicited via SPAM email or fake Facebook advertisement to join the Algo Robotics scam software and automated trading app. But you are a smart person, and wanted to know; is Algo Robotics a real and legitimate trading system? We know that sometimes the truth is hidden from the eye, however when it comes to the fraudulent Algo Robotics app the facts speak for themselves as we shall see. Simply stated, the Algo Robotics scam is actually designed to act as a tool which utilizes a two-pronged attack methodology. On one side we have the affiliate marketing operation, that’s when online promoters receive referral commissions for paying clients. And on the back end we have thieving offshore brokers, in this case its a Forex and CFD broker named Golden FX operating out of St. Vincent and the Grenadines. So the affiliate refers you by baiting you with some kind of promotional email or annoying popup, and the broker steals your money and pays the affiliate a part of the loot. That’s the real secret, only no one is really talking about it.

Algo Robotics Scam, Complaints Are Mounting!
When we started receiving the initial flurry of grievances we immediately knew the Algo Robotics crooks were up to something nefarious. But it appears we merely scratched the surface of something much more sinister. We checked out the Algo Robotics people, and found out they are connected to offshore money laundering operations. A disgruntled ex-employee spilled the beans and he had plenty to say about the “Wild West” show that was being orchestrated by a couple of unethical business partners located somewhere in Eastern Europe. So if you are somehow under the impression that Algo Robotics is a genuine or legit trading system, we highly recommend you read our enlightening review since we exposed this thieving software with cross-referenced and verified evidence.

Official Website, Login Page, and Members Area: http://algorobotics.com/

Evidence of SCAM
Below you will see the Algo Robotics main sales page and registration area. It’s interesting to point out that they are clearly stating the fact that the trading is 100% automated. In essence, this is true but the fact of the matter is that there is no REAL software with a trading algorithm or some type of automation logic. These crooks are promising you a 307% return on investment, but there is no type of back testing, and the results are outdated and set on April 2020.

Algo Robotics Misleading and False Claims

Moving along, here we see the testimonial section of the Algo Robotics website. Its very plain to see that “Mohammed” is not really an avid day trader who cashed out almost 6K from his broker account. In reality he is an image bank actor and we found his image circulating on the internet as he poses for various advertisements.

Algo Robotics Fake Testimonials

And here is the section where they talk about a non-existent software which produces a 307% return on investment. Well, they say no fees and no commissions. Strangely enough that is the truth, they don’t charge you any fee because they just rip you off (that’s how they make their money).

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Algo Robotics 307% ROI Or Scam?

What is Algo Robotics and How Does it Work?
Algo Robotics is supposed to be an automated signals app which executes trades on auto pilot on traditional Forex currency pairs contracts as well as cryptocurrency pairs such as BTC/USD. According to the sales presentation, it is powered by a powerful trading algorithm which allows it to “stay ahead of the markets by 0.01 seconds”. In other words, it is marketed as a software which is faster then the rest.

Algo Robotics Review, SCAM or Legit Crypto Robot?
The new Algo Robotics scam software is currently being marketed as a system which executes trades on auto-pilot in Forex an currency pairs (AKA Crypto or Forex Robot). What does that mean? Well, they are trying to alleviate your concerns by telling you that you don’t need any experience to start trading since the app does all the work for you. Unfortunately, we are sad to inform you that this is a very common sales pitch and specifically designed to bait you. We also tried to find the advertised feature of trading multiple assets in the actual softwatre, but could not even find a simple trading interface to log into. After signing up we got a call from the Golden FX and and they started pushing a stupid strategy and said if we don’t have at least €5,000 not to bother. Are the dots starting to connect yet?

How Much Does It Cost? Is It Free?
Obviously it is not free, so get ready to part with at least €/£/$250, and that money will be charged to your credit card by the broker which has been assigned to you.

Still Trust The Algo Robotics Scam App?
If you are still unconvinced and for some illogical reason still believe Algo Robotics to be a genuine or authentic automated trading system, then you need to read our review again and maybe consider the fact that online trading may not be a way for you to generate some type of passive income.

Other Viral Scams Trending
The ones to watch out for are the Calloway Software and Digitroniq.

A Few Sensible And Tested Alternatives
There are so many fraudulent systems which are being launched on a daily basis, and all of them promise you a shortcut to successful trading and massive riches at the click of a mouse. If you are tired of searching and simply want a decent and consistently profitable trading app then you are in luck. Our staff has managed to put together a short list of money-making machines which are surprisingly resilient and provide consistent results over time. We invite you to check them out as they are listed in our recommended section.

Algo Robotics Review Summary, Conclusions, and Helpful Tips
The Algo Robotics SCAM software, app, and automated trading system is a fake cryptocurrency and Forex trading robot and for that reason totally and unmistakably BLACKLISTED in our review. We truly believe that if you signup for this program you will have your money stolen by unethical offshore brokers who view you as their personal cash cow (and act accordingly). The software does not exist. It is a shell and facade used to influence impressionable and inexperienced money-making enthusiasts looking for an easy way to make a quick buck. The chances of you actually generating a profit with the fraudulent Algo Robotics software are similar to winning the state lottery, but even if by some strange coincidence able to execute some winning trades, chances are that the broker will not let you cash it out. Should you need additional information, evidence, or facts in regards to Algo Robotics simply leave a message or contact us via our YouTube Channel, Facebook Group, and G+ profile.

TBBOB

Fighting online scams since 2020

Alert – Option Robot is a scam – real review

One of our readers asked us to have a look at the “Option Robot” from OptionRobot.com and OptionRobot.co.uk. So here it is.

Option Robot is a robot that trades binary options. According to the web presentation it has an 83 % winning rate, which is pretty big for a free piece of software.

Table of Contents

Dangerous

The first thing that should serve as a warning with Option Robot is that it uses Martingale as one of the money management systems. We have warned against Martingale several times and we are going to do it again now.

Martingale basically means more than doubling your investment if you get a losing trade until you get a winner. This really can wipe out your account in a matter of minutes if you get a series of bad trades, which happens regularly in trading not only binary options, but in trading in general.

So any trading system that uses Martingale with binary options is extremely dangerous and you should stay away from it.

Although the presence of the Martingale system is enough for us not to recommend Option Robot, we decided to test it anyway. So we opened an account and started demo trading. And we immediately saw that there was something wrong.

In order to be able to concentrate on the trading, we let the robot trade only one pair, the EUR/USD, and only one trade at a time. We did not change anything else in the settings.

And look at the following video, on the left you can see Option Robot in action and on the right a real live EUR/USD price feed. We placed a yellow horizontal line at the price (+ – 1 pip) where the robot entered the trade.

As you can see, the Option Robot demo is faking trades, this trade should have been a loser. The price was going down, but the robot closed the Call option as a winner, although in reality it should have been a loser. You can see that the Option Robot demo price feed is not the same as the real price feed, after the trade is open it shows a price spike that never happened.

So trading on their demo can be very misleading. It is the same as with Ultimate4Trading, a fake demo will make you believe that the system is profitable, but if you open a real account through Option Robot and deposit money, it is very possible that you will lose it.

Conclusion

Option Robot is just another scam promising profits on binary options, but its real aim is to make you open an account and deposit money with one of their brokers, because they will get paid for it.

If you want to try binary options, do it on a free demo that is real with real results. Only then you will see what it takes to make money with binary options, no free robot can do this for you.

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  • BINOMO
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    Only For Experienced Traders!

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