Robot ROFX is your personal Forex trader whose main objective is to help traders in earning profits.
This robot was developed in the year 2009 by a group of traders and skilled software developers. The robot has since been used by many traders and has successfully helped them gain profits. You will also find several RoFx reviews online which suggest the popularity of the robot. It is extremely popular amongst novice traders as well because the robot has successfully helped them to earn profits without former or formal trading experience or knowledge.
Here are the advantages of robot ROFX According to the creators:
- Discarding Human Errors: ROFX is an Expert Advisor that operates with the algorithm Forex trading platform which entirely discards any kind of probability of human errors.
- Offers Consistency: Customers and traders enjoy consistency in trading with the help of this automated trading system. Consistency in success is the real aim at the end.
- Immaculate Trading Strategy: Robot ROFX provides traders with immaculate automated Forex exchanging strategy which helps them to climb up the ladder of trading success without having to experience the trial and error method.
- Considers Beginner Traders: Foreign exchange is as complicated as they say. It can take many years for new traders to learn and attain the appropriate skills and ability to work the Forex market. And the experience and skills are very important to carry out successful trades. Starting out in the foreign exchange world can be intimidating and using a complex EA will only worsen the situation. This is where the robot ROFX becomes your friend as its main purpose is to make your job easier and help you gain profits. Researches say a very small percentage of beginner traders make profits from trading while ROFX increases the possibility of making money for the same beginners.
- Lack of Emotional Interference: In foreign exchange, human emotions can crawl in while making trading decisions because traders are only human. When emotion gets in the way of logic it can cause many traders to sustain a large amount of loss and lose out on massive trading opportunities which would otherwise be extremely profitable. This is where the robot ROFX plays a major role by allowing traders to rely on it without having to worry about human emotions or feelings getting in the path of the robot’s functioning.
Here are some of the important features of the robot ROFX that successfully cater to a wide spectrum of traders including the season traders as well as the newbies:
- Reduced Risk: ROFX EA is popularly known as a “no loss Forex robot” because it causes a reduction in the risk factor. This is made possible due to its stop-loss system which can block trading and keep the losses at a minimum.
- Daily Profit: Traders are not required to wait long durations to earn profits. This means if a particular day is profitable then the profits can be gained daily at the end of the day.
- Easy Beginning: Starting out in the trading world using ROFX Expert Advisor is extremely easy and convenient.
- Return of Funds: This is probably one of the most attractive features of this robot. ROFX gives back the funds that a trader has invested at any point of time.
- Transparency: Many people suffer from a lack of transparency from distinct Forex robots especially the fear of the robots turning into scams. The case with ROFX is different as it offers transparency to the traders and they don’t have to pay any extra or hidden charges after they have started using the robot.
- 24/7 Active Support: ROFX provides its customers and traders with an active live chat customer service that is available 24 hours a day for all kinds of supports and queries. All traders can reach out for help at any time.
- Deposit Security Guarantee: ROFX robot guarantees deposit security as amends are made by the reserve fund of this company.
Now all these benefits and attractive features seem like a dream come true but the reliability of the claims made by the creators is still questioned. The claims can be backed up and the question answered when you take a look Myfxbook account of the EA robot.
Is ROFX Expert Advisor a scam?
Even after thoroughly examine the results shown on Myfxbook, which are quite impressive, it is crucial to ensure that the chart is genuine and reliable. How does one do that?
- Check for Realistic Data: The trading charts of some robots exhibit that the account has initiated trading with a very small sum of money and gained large profits in short durations such as a couple of months. Such a chart is unrealistic. While on the ROFX chart you will notice that a great amount of money is deposited in the initial stage and the profits gained are made along a decent amount of time like a span of two years or so.
- Check for Verification: How does one trust any kind of data if it is not verified? The same thing applies here as well. You must check if the chart is verified and for that, all you have to do is look at the top of the ROFX trading chart where you will notice that the trading privileges and the track record are verified. Thus making it reliable and trustworthy.
- Open and private data: All the charts that are available on the ROFX Myfxbook account are transparent and no data is hidden from you. It is just the open trades and open orders that I kept private. It is a clear indication that the account has nothing to hide or keep as a secret proving its trustworthiness.
Final thoughts on ROFX
From everything that we have studied starting from the claims made by the creators, the attractive features, and the profits gained from the ROFX trading account, a very obvious conclusion can be drawn. And the conclusion is that ROFX is a highly reliable Forex robot that can benefit almost every trader whether they are new in the game or experts without worrying about it turning out to be a scam.
