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Fishforexrobot.com Review: is Fish Forex Robot Scam?

Fishforexrobot.com Review: is Fish Forex Robot Scam?

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Fish Forex Robot is a company that has already exited the market. Rita Lasker allegedly founded the platform. She had other trading robots in the market, and all them seem to be no longer functional.

The trading bot made an appearance in the market in May 2010. The primary purpose of designing the trading robot as per the founder claims was to make profits daily. Sadly, it did not survive that long in the industry.

In case the market is not favorable, the suspicious Forex trading bot will open an adjustment order. It will lead to investors not experiencing the losses by trading in an opportunity that exceeds the initial loses.

There is no method like the one this platform is presenting to traders. The Company is a full-blown Ponzi scheme that only makes unrealistic promises. In every trade, there are both win and draw down moments.

Fish Forex Robot is claiming that they have many users, yet their reputation does not outlive their claims. Given that the Forex trading platform is not famous in the industry, we take that this is another marketing strategy the pyramid scheme is utilizing. Invest with legit Forex trading software that has gained the trust of investors.

Fish Forex Robot Review

The Company claims that all their milestone have so far been met. Fish Fore Robot brag that they have the MT4 terminal, which has facilitated their excellent performance. The platform also states that they are continually listening to the needs of their customers.

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Hence, this has also contributed to their success since they can meet their requirements. The bot promises their customers ten pips daily, and during favorable times the platform can attain 40-60 pip. The Company has ridiculous claims, and they have not been able to meet anything.

Fishforexrobot.com Review, Fish Forex Robot Platform

They claim that their main concern is maintaining a sober and good reputation. The Ponzi scheme is assuring users that they can go up to $100 daily, which is a lot. The amount that it is asking from investors is also very high.

Fish Forex Robot promise investors that they can increase their income by 50% monthly. Furthermore, for clients who are not afraid of the high risk, they can earn 100% and 200%on their initial deposit.

They urge traders not to trust them instead since they can open a bigger lot than anyone else in the industry. The Company allegedly can compensate their clients when they make losses in the market but using their unique algorithm.

How Does Fish Forex Robot Operate?

The Company used to upgrade its version always. The mode of the operation of this Company is a bit complex, but we will try breaking it down for you. On their sale page, they request newbies to skip the section, but if you are to invest in a company, you need to know what you are getting yourself into.

Fish Forex Robot claim that they are not using an indicator and the model they have incorporated have been used for the last two years. The Ponzi scheme claims they are using a simple method to earn their clients very huge returns.

Th platform state that they are utilizing the EUR/USD currency pair they look for an opportunity that is ideal when the price fluctuates and is flat and is at the scope of 10-40 pips. The trading bot was made for all type of traders all over the globe.

You do not necessarily need to have any background knowledge for you to make profits. All you need to do is purchase the trading bot and select the currency pair that you wish to trade. Afterwards, the trading software will trade for you automatically at only the best time.

The only work you have is to keep watching how your account grow. You will also need a computer that performs properly and an internet connection. The Ponzi scheme is very enticing, and we cannot blame those that have already lost their money for falling for their narrative.

Withdrawal and Deposit

The Company does not discuss how they handle the withdrawal requirement of their clients which raises questions. They need to make it clear how long it takes to receive your funds. Additionally, the method available to cash out should also be made clear.

You should know if the Company issues a change back, but the Company being fraudulent will not amount to anything positive. They will only pay at the initial stages; afterwards, the firm will not care about anyone else desire apart from their own greedy needs.

Regulation and Customer Support

Fish Forex Robot is a company that is operating against the law. They openly state that they are accepting investors from all over the world, yet the firm lack proper documentation. You should not trade with an offshore platform that does not care to disclose their physical address to their clients.

Additionally, the corporate allegedly states it has a top-notch and ready to help customer support, unfortunately, this is not true as we did come across some reviews that accused the Ponzi scheme of failing to respond to the queries of their clients.

They do not feature a telephone number which raises even more suspicion on their claims. Why are they observing such a high level of anonymity if they are legit? The Company is not in the database of the renown financial regulatory body in the industry.

The Company does not provide users with enough reason to trust them with their hard-earned money. Considering they do not provide their banking information or the financial body license them to carry out their activities.

Fish Forex Robot is a notorious Ponzi scheme that will eventually exit the market after stealing users’ money. Why would you risk your cash as well as sharing your data with a Ponzi scheme that is not regulated?

Fish Forex Robot Investors Feedback

The Company has a mixed reaction from those that had used the bot. Some clients, after purchasing the trading bot, realized it was not functioning. After making attempts to contact the support team, their efforts bore no fruits.

Definitely, that is not a good sign. They are multiple claims like this one whereby the founder is not responding to the investors’ requests. The customers of Fish Forex Robot are asking users to stay away in case they do not want to lose funds.

They are yet to understand why they are giving users files that are not operating. The Company is a Ponzi scheme that is unique, unlike all other so apparent platforms.  They also have positive reviews that are praising the site for their continuous better services. Unfortunately, this is not useful as per the time of this writing considering their system have already collapsed.

Final Verdict

Fish Forex Robot is an investment company that allegedly promise to transform the lives of investors; unfortunately, there is nothing like getting rich quickly. The platform will eventually collapse, leaving investors high and dry.

To avoid lousy experience while investing, you can use legit Forex trading platforms that have been in the market and have a better reputation. One thing you should look for is how a firm is doing by checking their performance report.

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