Rombus Capital promises a better financial future for investors. According to the vendor, it allows you to safely invest your money and have professional account managers who deal with your investment requirements. Nevertheless, we cannot simply trust the words of the vendor and must conduct our own analysis to determine whether the system is trustworthy.
Detailed Forex Robot Review
On the official website of Rombus Capital, the vendor provides a short introduction to the service. We have the links to multiple third-party websites showing the live performance of the system. The vendor has also shared the link for the recommended brokerage service and a contact form using which you can send a message to the service team.
There is no information available about the vendor or the parent company behind Rombus Capital. We don’t know where this company is located or when it was founded. Since the vendor has not revealed the identities of the team members, we don’t know if Rombus Capital is handled by expert professionals. Thus, we can say that there is a general lack of vendor transparency for this managed account service.
To open a managed account with Rombus Capital, you need to invest at least $1000. After you use the contact form to express your interest, you will receive the account opening details from the company. The vendor recommends signing up with the Darwinex broker for trading with this system.
We don’t have a list of available features for Rombus Capital, and the vendor has not explained clearly how the system works. All we have are some repetitive promises about the safety of your funds and positive outcomes. Thus, we can say that the seller is not offering anything novel or special with this managed account service.
Rombus Capital Strategy Tests
The vendor has not provided any explanation for the trading strategy used by the account managers. Even an inexperienced trader wants to know what trading scheme a system follows because it tells them what to expect from it. Without any kind of strategy insight, seasoned Forex traders might think twice before investing in Rombus Capital.
Backtesting results are not available on the official website. Since this is not an automated trading system, we can ignore this fact.
Live Account Trading Results
Here we have a live trading account for Rombus Capital published on the Myfxbook website. This account was launched on May 20, 2021, so it doesn’t have a long track record. To date, 160 trades have been placed through this account, out of which 123 has been won. Thus, the win rate for this account is 77%.
After conducting all these trades, the system has managed to generate a total profit of $3606.77. The daily and monthly profits for this account are 3.12% and 152.37%, respectively. Now, we cannot assign too much importance to these results, since the sample size of trades is quite small. A Forex trading system is considered reliable and trustworthy when it has a live trading record of several months at least.
Additionally, the drawdown for this account is a bit high at 24.27%. Thus, we can tell that Rombus Capital uses a risky strategy that can potentially lead to huge losses.
Pricing
Rombus Capital has three distinct pricing plans, namely Retail, Conservative, and Prime. The minimum investments required for these plans are 10,000 Euro, 50,000 Euro, and 250,000 Euro, respectively. All of them require you to pay a performance fee of 40% from your monthly profits.
We think this is quite excessive, and parting with 40% of your profits will mean you won’t be left with much. Rather than paying a one-time fee, you need to pay a large part of your profit every month, and this might not be suitable for all traders.
Customer Reviews
There is a single customer review for Rombus Capital on the Forex Peace Army website. Here, the customer praises the ability of the system to follow trends and deal with major news factors. However, since there aren’t enough reviews available, we cannot say that this managed account service has a decent reputation in the industry.
Rombus Capital is a service that you should not trust, primarily because it does not have a long track record. We don’t know anything about the company that built this system and the trading strategy used by the account manager has not been revealed either. As such, it would be unwise to rely on this service for live trading.
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