Big Boy Forex Robot is a Forex trading bot that was developed by Forexprogrammer.com. The programmer urges investors he has the top-notch experience and that he has been evaluating the trade world for long and trying to come up with a tool that will help traders benefit from Forex trading.
However, no information on any experience is being provided to investors to assert this allegation they claim, and this is a major red flag not to trust the company at all costs. You need to know the information of the people behind the investment firm, and this company fails to avail of any of these details to you.
Transparency is critical in every legit investment firm that aims to benefit you profitably. The sales page of this investment firm is very shady, and they do not talk more about how the robot operates; instead, they talk about how beneficial the trade world is, which is general information that is known by any trader. you should always venture with legit trading bots in the market.
For you to trust the legitimacy of any investment firm, you need to be provided with past trade history, and this information is not available anywhere to prove trade activities taking place. You risk dealing with unregulated brokers, and the trade result from this kind of person is always not pleasing to any investor.
The company also boasts of being user-friendly and an easy-to-use platform, yet no training material is available on the website. The platform showcases a low level of professionalism, and no investor is seen to benefit from their strategy, and the result is not likely to change when you invest.
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Big Boy Forex Robot Review
Big Boy Forex Robot promises customers up to 100% returns in ROI monthly, and this figure does not make sense at all without evidence. If at all, this investment firm was generating this kind of performance, then the traffic level ought to be higher.
However, platforms that promise you constant returns are definitely lying, and this is just an attempt to swindle your funds and leave a dent in your account. There’s no such thing as constant returns because the market is never stable, and you risk losing your money expecting returns that can never be continuously generated.
Even for established platforms, you can easily trust they do not promise you search kind of returns within the speculated time, and every experienced investor will notice the murkiness at first glance. The company claims they do not depend on the broker’s spread to make money.
However, the strategy that they apply in the system takes profit and stop loss, and this helps in reducing the risks you encounter while investing. They also promise investors that the win rate is always 80% and is never less than this amount.
The company also fails to provide enough information that you can rely on and use this software as a trading tool.
Big Boy Forex Robot has three types of investment plans on the website that you can choose and benefit from profitably, which include a day free trial as the first Plan, and investors get access to 24 hours running platform, one demo account, and one live account.
The second Plan allows you to rent the software, and you received 24 hours support, one demo account and one live account, you can rent this software for one month for $250 each month.
The last investment plan offers a lifetime license that allows a trade copier worth over $500, 5 live accounts, three demo accounts with 24-hour support, running for $2500.However, the time this investment firm gives you to test the credibility of the robot is not enough, and even 30 days is not enough time for you to set up a winning strategy.
The pricing of the robot is also way over the limit, and you are not given enough time to test the software. There are legit trading robots that are relatively costly, and you should only trust such companies to make a profit for you.
The safety of your funds is not guaranteed with this investment firm, and you risk losing your money to anonymous people. The company has no evidence of any past trade transaction on the website that you can use to rely on and approve of any trade activities.
The method of operation is shady, and the company gives you minimum time to set up a trading strategy and test the credibility of the robot. You need to be provided that at least three months of past trade transactions, the bot has completed successfully.
The company lacks transparency, and you should not invest your money in a platform that is not clear on how they operate. You also risk trusting unregulated brokers with your funds, and no banking information is being provided that you can use to verify your funds are safe.
Big Boy Forex Robot exposes several red flags and scam characteristics that disallow you to trust them. The company uses fake testimonies on the website that you cannot verify any legitimacy of happy investors claim to have made profits via their strategies.
The use of fake testimonies is every day among scammers, and trusting such allegations without any proof or link to the winning trade is a major red flag. The alleged investors are just paid actors who can be found on the internet for a very cheap cost, and they pay for positive reviews.
Regulation and Customer Support
Big Boy Forex Robot has provided no evidence of any regulatory information, and they are generating funds from the public illegally. Furthermore, for you to trust a company, you need to be provided with organizational details, which you can easily verify their legitimacy.
Scammers usually try to confuse investors by providing registration details to be regulation, and there’s a difference between the two, which is easily noticeable. The owners of this kind of investment firm risk facing criminal prosecution for operating illegally and taking funds from the public without providing regulatory documents.
Legit investment firms, on the other hand, will always showcase their regulatory data to investors as a sign of genuineness, and these companies are entirely profitable to the customers. Unregulated platforms will quickly get shut at any given time by the law enforcers once they are recognized.
No contact support is available that you can use to reach the platform just in case you have a query related to the platform. Legit investment firms will always provide you with working contact support that you can easily reach them, and they always respond to questions fast.
Big Boy Forex Robot overprices the software, and you cannot test the credibility of the robot in just one day or even 30 days as they project. You need to be provided with at least three months of past trade transactions made by the bot successfully for you to trust the company with your money.
Scammers rarely provide information on their whereabouts, and this is because they result in opening clone websites and try to scam more investors. Always invest with profitable trading robots which are regulated and showcase a high level of transparency, and you can easily recognize this by working contact support.
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