“You no longer need any special knowledge or trading experience,” the website of the Forex robot Rofx says as a call to action for visitors who are looking to make money in Forex. However, the statement is not only about specific software but a revolution that trading robots are doing in the investment industry.
What is the future of Forex and the whole investment industry? Well, Rofx seems to have the answer as the team behind the software believes that robots are better than traders. Is it true? Today, we are going to do a Rofx review, including all you need to know before opening an account with them. Is Rofx a scam or it is one of the best Forex EAs in the market? Keep reading and discover it.
Volatility in Forex is a source of opportunities
With over 5.1 trillion dollars per day, Forex is the largest market by volume in the world. Besides, volatility in Forex is high as violent movements happen every single second. It provides investors with lots of opportunities every second.
It is a common saying in Wall Street that tells that if we only buy at the bottom and sell at the top, how many opportunities we are going to miss? Also, how much fun we are going to lose?
So, Forex is one of the most volatile markets in the world, but what happen when we can not catch the many opportunities it provides?
Before that questions, developers around the world took note of that necessities and joined forces with analysts to create strategy-proven trading robots that can profit for those opportunities.
An excellent sample is Rofx, a Forex robot which helps traders who don’t have enough time to do the research needed to do Forex seriously but want to make money while investing.
What is Rofx?
Rofx is a fully automated trading platform which works mainly on Forex and provides investors with emotion free positions. According to its website, “RoFx is a revolutionary automated forex trading robot based on neural network.”
Rofx: A robot which is better than a trader
As mentioned before, the automated trading platform Rofx is a Forex trading robot based on a neural network. They state that a robot is better than a trader because the algorithmic robot excludes the emotions and the influences of the human factor.
The team behind Rofx is a group of software developers and traders with decades of experience. They created the coding of the robot and launched to trade in real in 2009.
According to their website, the software has been trading positive and making money for over 30,000 customers around the world.
The Rofx algorithm works with artificial intelligence. The robot uses a self-learning neural network to ensure its continuous feedback and improvement.
Also, the Rofx team provides a lifeguard in terms of money. They offer “loss coverage” as their premium feature. That means that Their reserve fund covers any losses produced by negative results of trading.
Is it too good to be true? There are indeed many scams in the market that make false promises around free and easy money. However, Rofx seems different. Why? Because they have a real and successful track record verified by Myfxbook.
Actually, the RoFx software is one of the few robots that reports all results in real-time and with a backed track record. You have access to the data all the time. According to Myfxbook.com, Rofx has an absolute gain of around 155% since July 2018 to current days.
We have summed up main ROFX advantages in the short list:
- AI inside lets the robot trade fully automatically.
- no downloads required and simple user friendly interface;
- very easy to find and withdraw without fee;
- can be used without trading experience at all;
- VIP PAMM with any preferable fx broker;
- high level of daily and monthly profit;
- 24/7 friendly support.
Do you want to try Rofx?
It is not only about opening an account and deposit your money in the Rofx platform, but there are also four main topics you will experience when trying the robot. It further explains how the software works. Which is good in this Rofx review.
1. Registration and management of the account.
2. Let the Forex robot do its work and generate trading signals.
3. The trading system sends approval signals to your account.
4. The profits are deposited at the end of every day.
Is Rofx real or another scam
As you may know, forex robots are market conditions dependable. Softwares are setups that are prepared for certain situations which act like catalysts which activate the robot.
In a changing market which evolves every single day, it is complicated for a robot to be a long-lasting generator of profits. So, the team behind the software is crucial to update and maintain the robot working well.
That being said, most teams fail on that pursuit, and indeed most of the fx robots get obsolete with the passing of time.
Rofx claims it has a neural self-learning system that takes the market as its training field. It seems to be accurate as Rofx has been reporting steady profits since 2009 and 2010. MyFXbook is proof of that.
However, before deciding if Rofx is a scam or a good robot, you should do your own research, not only on this page but around the internet. We are presenting facts and data, but you should complete your own investigation with other places, Rofx reviews, and kind of information.
It is the million-dollar question, but you and only you should answer this topic. Why? Because every single robot, software, or strategy respond to specific circumstances that should adapt to yourself, not the contrary.
Asking if Rofx is a good robot shouldn’t be the question. However, questioning if the platform fits with your necessities is. Finally, an extensive track record of profits over the years is an excellent reason to give a chance to Rofx and to test it.
Is Rofx licit?
ROFX’s authenticity can be substantiated through its ability to correspond with the best brokerage firms across the US, Asia and Europe. The company is regulated – although not directly – just as its human capital is; licensed brokers who abide by the jurisdictions of concerned authorities. Nevertheless, ROFX classifies as a software company with patents to its own deep learning technology.
How to open an account with Rofx
The Rofx website claims that their robot is “the best money making service and stable passive income,” where you can actually make profits, “even if you do not participate in bidding.”
Do you find that this Rofx Review attractive and want to open an account with them? Let’s do it.
1. Visit the Rofx website and open a free account
Go to the Rofx.net website and read all the features and documents that the team has uploaded there. Look for information about how the robot works, what is its performance, and reviews from previous customers.
Then, if you are like the information, click on the Open Free Account button at the top right of the website.
2. Complete the form and the registration to get your account
Click on the Open Free Account button, and add all the information requested. It includes email and phone number. Note that your phone number is required as the RoFx team will send you a code to your phone that will verify your identity. Then, click on register free account.
3. Complete the log in to your account
Once you have created your account, you will get a confirmation email and a text message with your initial password. Click on the link provided in the email and then add the password you got in your cell phone.
4. Discover Rofx platform
Once you are inside the platform, you will see all the features that Rofx offers to its community. Do your homework and try every single aspect of the interface. Test each button, read all the documents, and know the reason for each feature. If you have doubts, please open the chat box in the lower right corner in the page and talk with the customer service.
5. Fund your account
Once you know all the features in the platform, click on Package and select the characteristics that best fit with you and your preferences. Then, fund your account. Remember that RoFx has different ways to deposit money in the account:
6. Keep an eye on the platform
Finally, keep monitoring the platform at least for the first days and never overexpose yourself with much money invested and high risk. You need to remain protected and supervise the platform at the beginning.
Fraud test: Is Rofx scam or legit
The automated Forex robot Rofx offers specific information on its website as a proof of their performance. A myfxbook powered track record is a good signal about the trustability of the platform.
However, nobody can guarantee profits or returns. They don’t say that, but they affirm that the customer will not get any loss. An important point and advantage, but we should know that any investment has an intrinsic risk. With every win, there is a potential loss associated.
So, keep that in mind.
Back to the performance, RoFx has a verified account in Myfxbook with a track record that is also verified after comparing the “data to data coming directly from the forex broker using an investor password.”
Rofx also has verified trading privileges with Myfxbook. “Trading privileges are verified when the trader opens a pending order with a key provided by Myfxbook or the investor password is changed to a password provided by Myfxbook.”
So, long story short, RoFx seems safe to invest. Could it make money? The track record says yes, but as previous results don’t guarantee future performance, we need to take that information with a point of salt.
That being said, take a chance with Rofx would be appropriate given the outstanding performance it has achieved in the last years.
Just think, a verified robot with a real track record that accumulates ten years of profits with an average of 10% monthly ROI is at the very least, intriguing.
However, keep risk moderate and control your emotions. Don’t put all your eggs in the same basket.
Also, remember that this review is a starting point, but you should do your homework and do more research around the internet.
Do your homework, do your research
The RoFx.net Company proclaims that RoFx is the best automated forex trading robot in the world. Is that true? They also say that this robot is the best Forex EA in the market with a stable passive income for clients.
Rofx, as an organization is not promising a million dollar, but a steady verify performance. They also affirm that their reserve fund covers all negative trading results.
“The ROFX.net system is profitable more times than not, and this means a higher chance of return for our clients,” the website says. “But we also have other safeguards in place to help protect the money users invest because our customers are the most important thing to us.
Is it true? This Rofx review has found that they do not have significant bad reviews on the internet and a successful track record published in a trustable and well known forex website is a considerable confirmation.
That is good. However, the only that who should take the decision to invest in Rofx is you. So, do your homework, and look for information, try and test the software, share your thoughts, and enjoy the ride.
Your pocket and your money will appreciate your efforts to make better and well informed investment decisions. Everything looks good with Rofx, but the final decision should be yours.
Moreover, of course, trade responsibly.