Should You Trade with Robbo Forex?
Robbo Forex says it’s “the best.” A lot of companies and individuals claim to be “the best.” However, Robbo Forex doesn’t give us any information to back up this claim. Of course, it’s just a meaningless self-compliment–the kind we often see with unregulated and scam brokers. Not only does Robbo Forex not have a license, but it tries to mislead the public that it is regulated by
IFSC in Belize. That is worse than not having any licensing info, because it can cause consumers to have a false sense of security.
We Have Found Some Problems with Robbo Forex
There are many problems with Robbo Forex. Not having a license means that there is no oversight in case something goes wrong with a broker. Robbo Forex replaces validation, licensing and independent reviews with content fluff, meaningless statements about its services. It is impossible to know, by looking at the website, who runs Robbo Forex. A lack of transparency also makes it difficult to trust this broker.
Red Flags Concerning Robbo Forex:
- No transparency
- No license
- Poorly written web content
- Misleading statements about licensing
- Bad reviews
What Should You Do If You Have an Account with Robbo Forex?
We do not recommend opening an account with Robbo Forex. If you do hold an account with this broker, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to our professionals right away. We will investigate the matter, track down the broker and your funds, and will help you prepare your claim.