Is Robbo Forex a Good Broker or a Scam?
Robbo Forex claims that it’s the “best” and has “trained and experienced” brokers. However, many, many brokers are trained and experienced, but they don’t call themselves “the best.” This is an example of a silly superlative that is used by many unregulated brokers that can’t use hard facts to prove their credentials. Worse, Robbo Forex makes misleading statements about licensing. It claims it’s regulated by IFSC in Belize, but upon further investigation, it doesn’t have a license at all.
We Have Some Concerns with Robbo Forex
Robbo Forex not only is unlicensed, but is willing to make false statements to lead people to believe it has a license. This is a pretty strong argument against Robbo Forex. In addition, this broker accepts only one type of payment method–cryptocurrency. It isn’t a good sign that merchants and brokers accept only crypto. It’s a sign that they may want to try to hide funds on the blockchain.
Robbo Forex Red Flags
- No license
- Poor web content
- Misleading statements about licensing
- Accepts only cryptocurrency
- No transparency
- Negative reviews
Lost Money to Robbo Forex? Talk to Us!
ReportScamOnline understands brokers–reliable ones and scam operations. We have researched brokers and have created these reviews to help consumers make the right choice for trading. We recommend that you avoid Robbo Forex and instead find a reliable and licensed broker. Take your money out of this broker–request a withdrawal. If they don’t grant it, contact us and we will help you locate your funds