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AleForex is an alleged team of professionals who claim to have experience in the Forex trade world. The Investment firm claims to make all investors in the company rich through their trade methods and tools.
The company also boasts that they have analysis tools that come up with the best trade analysis for investors. AleForex claims that through their devices, investors are guaranteed continuous profit gains.
The platform promises investors multiple services, including money management services, like most Ponzi schemes AleForex.com claims of having the best brokers as part of their investment strategy.
From the way this platform portrays itself, it is most definitely getting paid by brokers to promote them and intern they earn specific commissions. Who is handling your money you’re not aware of because the information of the alleged team is hidden in this company.
AleForex does not provide you with any information about the team they claim to use to generate profits, and the kind of experience they have is also not known to you. The company promises you the best indicators that will always result in benefits. You’re entitled to free indicators once you complete registration. The company allows you to educational tools, webinars, and EAs.
Aleforex.com claims that you do not require to participate in the trade directly because it guarantees the use of trading robots. The robots can generate massive ROI that you can profit from.
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However, how the bots operate to generate this profit for you is not well explained and proves a lack of transparency. Legit Forex platforms will always provide you with all of the company information. AleForex was recently brought into the market, and this raises doubt in the claim of having the best experience.
These are the advantages of using tested and reputable crypto robots that automate trade and hit the profit target.
Why using Crypto Trading robots is the best move
There are reliable crypto robots that have been tested and seen to produce desired results. Go for these robots as they do offer much in terms of success.
Here are some of the pros of using dependable and tested cryptocurrency trading robots
Unlike humans who don’t always have the best accuracy, these robots try to furnish traders with the best accuracy.
High profit returns is what these robots are after and tests indicate most of these recommended forex robots hit over 80 percent successful ROI.
Traders get to choose from a wide variety of trading strategies, these include auto-hedging, statistical strategies, scalping, and market sentiments. All these strategies fit the bill for all classes of traders.
Fast trade execution is important especially when executing automated trades. Forex scalpers will often use high-frequency trading strategies to enter and exit market positions in a day. Robots use dedicated servers to cater for fast execution of trades.
These robots come with stop-loss features that help traders get a more detailed aspect of what trading is all about. You get the protection you need as a trader not to fall for any huge losses that might occur.
You obviously want a platform that’s available to help you when needed. Most of our recommended cryptocurrency trading robots offer reliable 24/7 support.
Conventional crypto methods of trading such as brokers may not be there to help you with any issues faced.
For those who want to start crypto trading, you don’t need any experience in the field. The platform is one of the best when it comes to ease of use.
These robots offer traders a memorable user-interface.
The trading world is rapidly growing, and facing vast competition and guaranteeing investors massive return is a thing of the past. You require a general knowledge of the trade and education for you to venture into any trading platform.
As you continue reading this review, further will take a look at why AleForex is not a company you should invest with your money. Promising investors’ continuous ROI is not always achievable and is mostly used by scammers to target you into depositing money.
Scammers always try to lure you into investing in their platforms by claiming to have a top-notch team of professionals. This still is not the outcome when dealing with scammers because they will say anything to market the platform and lure you into falling for their catch.
The platform claims partnership with three brokerage platforms to generate profits for you; MEX group, Broker XTB and Valuetrades. Furthermore, no information about their regulation is available to investors.
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AleForex, like every other scam company, uses massive investment returns on their websites to target you into depositing money. The company has four different investment plans that you can choose ever to estimate the yield you expect, which include; Silver, Gold, educational programs, and Platinum.
The company ROI is sensible and can be achieved, yet the method of operation in this platform raises doubt on the return estimation. The ROI expected ranges between 4% to 15% each month.
The minimum deposit allowed for all the Investment plans is $500 apart from platinum, which requires you to deposit up to $1000.
The platform charges investors commission in the Investment firm. For the Gold and Silver, the amount is set at 5%. The platinum investment plan charges 3% as commission.
AleForex company founders are anonymous, and trusting a platform whose owners are not mentioned only proves your money is not safe. There is no information on the kind of bank they use, and also the location of their whereabouts is unknown.
Once you lose money in this investment firm, you may end up getting your account deleted, and all your details blocked. There is no evidence of any past trade history to prove that you will earn any profit is an impossible task.
The company method of operation is shady, and we cannot guarantee you will receive any profit from the company. Your fund safety is not guaranteed, and how it is going to be operating to come up with the profitable gain is also not known and murky.
The company uses unregulated brokers and is promoting various brokers, yet no evidence of their regulation details have been provided. The company is not regulated, and its generating funds from the public illegally.
AleForex claims it’s based in the UK and that their brokers are regulated. The FCA, which is a legal regulatory body in the UK we were able to do our research, and we found out this regulatory body does not recognize the company.
For any trading platform to be allowed to generate money from the public, they need to undergo the regulatory procedures to earn your trust. Legit trading platforms always showcase this information on their websites and should only trust such.
Different countries have set up different laws to protect citizens from scammers. The owners of this platform, once they caught they risk facing criminal prosecutions, for it is illegal to operate and take money from investors without regulatory data.
Contact support in legit companies is essential and is always provided to assure you will get assistance from the Investment firm. AleForex does not provide you with any contact details or at least email support that you can use to reach them when you have a query.
Only scammers try to stay anonymous at all costs because when one platform is closed, they immediately open a new one and try to scam you. Failure to provide any regulatory detail to customers only proves illegitimacy in the platform, and you should be cautious about this company.
Unregulated companies smoothly go against the law whenever they feel like because they are not bound to any rule. When they achieve their target, which is to swindle enough money from investors or if the company fails to generate the required traffic, they result in opening a new company and target new members.
According to who is.com, AleForex was registered in 2012 September, and the registration expires in 2020 the same month. The domain name for this investment form aleforex.com.
This platform markets unregulated brokers and is a definite warning sign of this investment firm. This company has exposed numerous red flags and no evidence or any past trade record has been provided to assert profit payments to investors.
The company does not show you with contact support, and trusting a company that you cannot reach when you need assistance is dangerous. The method of operation is also shady and one that you cannot presume to guarantee the safety of your funds.
Legit Forex trading companies will always provide you with working contact support, and they’re the ones you should venture in and earn or expect profits. The owners of AleForex are not mentioned anywhere, and scammers always come to try to stay anonymous.
Reaching the platform just in case you lose your money is an impossible task because no address of their whereabouts is available. The company is not sensible and may be considered a waste of cyberspace. AleForex is not featured under the FCA, which proves the platform is a dangerous platform that will rob all your money.
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