According to its presentation, WinForexBot is a fully automated Forex Robot. You have nothing to do, just watch it trading.
It of course suggests that this automated trading solution will make you money. And free money, because WinForexBot is free. But what’s the reality?
We can say it for sure, because WinForexBot is using a very well-known binary options robot, that is used by many scams.
We tested this software many times and what we found is that it has a dangerous demo mode that fakes results. That’s right, it rewrites some losses to wins, so the overall results are very positive. But they are fake, such profits would not happen in real trading.
But if you get convinced by this fake demo, you will probably open a real account and let WinForexBot trade with your money. Then you will see your money quickly disappear, because real trading results obviously cannot be faked.
The harsh truth
Now let us explain what is the real purpose of WinForexBot. People who run this scam are affiliated with some brokers, they get paid by these brokers for referring new depositors.
This is why they give you the fake demo, they need you to believe that the robot can make you money in real trading, so that you deposit with their broker and earn them an affiliate commission.
WinForexBot is a typical scam, it lies and if you let it trade with your money, you will lose it. Stay away from it!
If you want to see how money can really be made in trading, try a genuine free demo account.
On the demo you will see that you need a proper and profitable strategy before you can start trading with real money.