According to its presentation, AlgoRobotics is a trading robot that can trade various underlying assets, such as currencies, cryptocurrencies and commodities.
The robot is allegedly very profitable and can make you up to 10% per day on your investment. For free, because the robot is free. Really?
Should AlgoRobotics be really able to make you 10% per day, it would mean 300% per month (without compounding), so it would triple your money in one month. And that is really too much.
Think of it this way, would a robot that can triple your money every month be free and available to the general public? Of course not! Not to say that even the best hedge funds in the world don’t achieve such returns.
But the testimonials are fake. Check our picture to see that they were made with stock photos, these people have never even tried this robot.
AlgoRobotics was created in 2017, so it could not have won an award in 2015.
How it really works
Based on our vast experience with trading and investment scams we assume that the signup process for AlgoRobotics will lead you to a deposit page of a broker that you won’t be allowed to choose. The broker will be unregulated.
Because this is how these scammers make money, they are paid by unregulated brokers for referring new clients that will lose their money.
AlgoRobotics is a scam that cannot make you 10% per day, stay away from it!
It is possible to make money in trading, but you have to learn and build your own profitable strategy. Start on a free demo to see if you are able to do it.
Don’t trade with real money until you have your strategy proven and ready.