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A South African is behind this scam, hence the detailed Armageddon Forex Robot Review. The developer of this platform has already switched the product’s name, which is a huge problem. Investors who bought the program a few weeks back are now ruing this turn of events. The platform is now going by the name Accelerating profits. There have been hundreds of emails from victims who urged us to conduct an investigation. Continue reading this post and find out what is going on with Armageddon FX Robot.
The owner of this robot is also running Forexamg.com, which is a sister company to the rogue program. Their original website was amgrobot.com, which is now redirecting users to forexamg.com. And this goes to show the extent to which the owner is going to hide his false products. He also runs his operation on Facebook and Telegram, making him a well adverse opponent. Before heading into the full aspect of his products, there are a few things to note.
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These robots offer an advantage in that they offer trading without any emotions and use raw data to speculate the markets.
Unlike humans who are likely to get swayed by human emotions, robots will only use market data to place informed decisions.
These bots remain disciplined even when there’s a shift in market conditions and asset pricing. And this ensures there’s faithful execution in all aspects of trading keeping the trader profitable no matter the market conditions.
These robots ensure there’s improved order entry and help execute trades promptly. Orders get generated as soon as the platform offers traders the best in terms of authenticity and reward. All you have to do is get authentic bots for your trading needs.
Bots give data that allows traders to make informed decisions on whether to act on these prices or market data provided. And this makes semi-automation another key option traders have. Semi automation is best for the more experienced trader.
The right robot ensures you enjoy fast execution of trades with ease. These robots offer a much-needed speed when executing trades.
You get a trading platform that ensures you have what it takes when engaging with the markets and isn’t slow to make decisions.
Based on the parameters used by the trader, the robots will act and trade efficiently using set strategies and styles.
And this ensures every trader can take advantage of the market by infusing their preferred settings such as leverage and spreads.
Armageddon Forex Robot is a classic example of why investors should be more careful with unproven programs. The robot is just a Ponzi scheme, which is making the developer productive from stealing from users. There is no guarantee that your funds are safe with a platform with no prior trading experience. The developer of this robot is also unable to show his quality in either of his other products. And this is the reason why we have to expose this platform due to his shoddy dealings.
They claim to provide 100 percent free trading signals to anyone who signs up with the platform. No one in the world will take their time to make other people productive for free. The free signals being provided are a roost to entice newbies to sign up. Another problem with his robots is that they are not clear on the assets covered. No one knows which currency pairs are available within the robot. And this creates a lot of problems for users who sign up blindly. It is why investigating a platform is crucial before signing up.
Ref Wayne is the person who is portrayed as the developer and owner of these robots. He hails from South Africa, judging from the photos we’ve seen on his Facebook page. The person seems to create a life of lifestyle with the way he poses with luxury cars. And this kind of marketing is used to entice newbies who want to make money with online trading. He takes advantage of this and asks users to deposit more funds to get a huge chunk of profit. And this is where the problems start for anyone who heeds his advice. The platform goes ahead and makes losses, and there is no turning back.
Rodger was one of the first investors to sign up with the platform since 2017. He claims that the platform’s owner is not available for comment. His experience with the robot is touching as he explains how he lost a considerable chunk with this platform. Another trader who fell victim to this robot is Brinsley Watson. He gives a harrowing account of how Wayne has been blocking all attempts to make contact. He has over $5,000 invested with the robot and seems to have a problem recovering even a cent.
Thanks to the invention of domain registers, we can tell a site’s background and history. The site amgrobot.com went live on 24th February 2017. Their IP address is located in Johannesburg, South Africa. There have been five changes in their IP over the last three years. It proves that he has changed his domain name five times. The current domain is forexamg.com, which users are directed to after clicking the original website. And this shows that Wayne should not be trusted with funds.
Wayne has made a bold statement that over the last three months, he has managed to get 10,000 subscribers. He claims that he now runs the largest forex group in Africa, which is far from the truth. Without explaining how his robot works, Wayne expects everyone to buy the crap he sells. Thanks to this review, we will be exposing all his secrets, including why no one is signing up. On his Facebook page, he promises to make investors millions of dollars. And this is not the last we’ve seen of his products.
Armageddon Forex Robot is not licensed by South African authorities, which makes it a hoax. The FSCA is on the verge of issuing a press statement warning investors on this robot. They have also been receiving numerous complaints from newbie investors. Other African investors who bought the robot are now in deep shock. They have failed to get a hold of Wayne of any of his counterparts. He seems to have disappeared when authorities got wind of his rogue trading platform.
Without a valid trading license, it means that the platform is not protecting users. Once you deposit with this platform, there is no security of funds. And this is the most significant risk investors have to face with online trading. It is why using recommended products backed by experts is the best option. There is no money-back guarantee with this product, which spells doom for investors. Without proper regulation, a developer might go ahead and shut down the platform at will. There will be no compensation or recovery of funds to anyone using such a trading tool.
Armageddon Forex Robot is furnishing users with two plans to choose from. The plans come in three months and a year subscription. Wayne has priced his plans at $210 and $546, respectively. What is amusing with these plans is that he does not indicate the features available. Wayne gives little information on his plans or the strategy involved. He wants as many investors to deposit funds with his robot for him to run away with the deposits.
There are six types of bonuses available under the Armageddon banner. They include Forex Auto profit generator, AFI MACF, Trend Predictor, AMG Manual PDF, AFI, Stochastic, and News Signals by Ref Wayne. He is trying to come out as a professional trader who wants to share his expertise. The only problem is that no South African expert or trader can vouch for him. And this makes the claim of being the best in Africa lame and unfounded.
The developer claims that his robots have an accuracy level of 80 percent to 99 percent. If this were true, we would all be using his robots due to the high accuracy levels. The problem is that the developer does not provide any results to verify the claims. Without a third party to verify these claims, we don’t recommend the use of such products. And this is the reason why we have to expose this rogue platform.
Armageddon Forex Robot is a South African scam robot targeting naïve African investors. Investors should stay away from the platform and use other reputable trading tools. Wayne and his tools don’t have a specific strategy they use or proof of concept. And this is why we have to insist that traders shy away from using any of his products.
There is no way we will recommend a product that has no proof of concept. Without proper trading results, we will urge investors to stay away from this platform.
Get the best out of trading by using first trading robots with a proven track record. These robots protect your investment and have a recurring user base. Go for authentic robots that have been tested by experts and the trading community. It is your time to make the right decision with top tier forex trading roots.
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