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Forex Enigma EA Review: Forexenigma.eu Problematic Robot

Forex Enigma EA Review: Forexenigma.eu Problematic Robot

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Forex Enigma EA (Forexenigma.eu) is strictly trading EUR/USD currency pairs on the MT4 trading platform. They claim the robot automates trades as traders can sleep through and wait for profits in the morning. These are developers with balls considering that they remain to be unknown. And this is probably the main reason why we must expose the scam artists behind this robot. It all sounds too good to be true. There are no clients who have come out in support of the robot.

Forex Enigma EA Review

About Forex Enigma EA

Immediately you land on their homepage, there is a person who takes a computer and types. This may look like a professional trader who is using the robot. When it comes to visually compelling websites, this one takes it. The only problem with their platform is the lack of proof when it comes to delivery and results. There are no real trading results which can make us sign up with this robot. Get to know why we have our doubts in this detailed forex enigma EA review.

Before embarking on the trading journey, it is best to have the right tools for the job. And this is where forex trading robots come in handy. They guarantee that the investments will be safeguarded and investors get a steady income. This is why you too should sign up with genuine forex trading robots.

On their part, Forex Enigma EA has done a terrible job in trying to hide the loopholes on their products. They fail to give credible results which means their FX Blue account is not fully verifiable. Another problem with the platform is information on how their robot works. For instance, they leave it to the members to guess how their strategy works. And this is why we must expose the use of these scam artists. The robot is nothing but a recycled product that is now being sold to unsuspecting investors.

Affiliate programs on offer

Please resist from joining their affiliate program as you will be held liable for any losses incurred. The members you help sign up with the robot will blame you for the losses, not the robot. They usually put the blame on the affiliate member since the robot is a scam. No one will remember the robot; they remember the person who directed them to it. They have three levels of affiliate programs under their wing. The affiliate program comes with a 30 percent click incentive. None of the affiliate members have seen payment so far.

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Business owner

No point will you get to find the developers of this robot and they prefer it that way. After all, scam investors don’t want to be associated with online robot scams. YES, these are professional scam artists behind this recycled robot trading scam. It is why there are no names mentioned regarding the founding or staff members. This means investors are signing up for an anonymous trading platform. It is the last thing you would want as there is no one to take responsibility for the robot’s failure.

Criticism from members

We have seen a lot of scathing comments from victims who have lost with the robot. Most of these comments are from investors who deposited huge sums expecting to rake in big. The developers have countered by hiring keyboard masters to post positive feedback. They usually come up with false testimonials of other members who have won. The only problem with their story is the lack of valid proof. There is no screenshot of any of the successful members to prove that the robot works.

Domain details

The website has been in the industry for quite some time. Details show that the site went live in August 2007. They have been operational for over 13 years with no credible proof of concept. And this is a huge blow to anyone who has already signed up with them. They are a long term service provider using the long con move. They insist on buying their products and promise a hefty return by the end year. Traders keep on using the robot hoping to make things better at the end without any results.

Features of Forex Enigma EA

From our investigation, we have learned that the robot is using three common trading strategies. These include Grind management, trend trading, and scalping. The timeframe used on the platform is H1 with EUR/USD pairs. Even though they use a major currency pair, it is best to have a robot with options. With the digital currency trading world moving ahead, today’s robots offer crypto pairs too. Not much can be said in regards to whether they have any meaningful trading features.

Is Forex Enigma EA Licensed or Registered?

Forex Enigma EA is not licensed or registered to offer any trading products or services. They claim to be located in the United States and regulators don’t recognize them. We contacted the CFTC and NFA to ascertain whether the robot is qualified. And this is what makes it a problem for investors. With the two regulatory bodies having no clue of the robot’s existence, funds are at risk. It means the robot is unable to offer any insurance cover to the funds deposited. And this is why we must expose the use of this robot.

A licensed entity will ensure users get money-back guarantee features with each purchase. Although they claim to offer a 30-day money-back guarantee, it is not the case. There is not even a single member that has enjoyed this feature. Once you purchase the robot, your funds are in their pockets. Complaints regarding the lack of transparency with their money-back guarantee are there for all to see. And this is why we must do everything in our power to ensure investors stay away from it.

Restrictions of Forex Enigma EA

At hand packages

Forex Enigma EA Packages

Forex Enigma EA offers users three plans to choose from. The plans listed include Basic, Standard, and Professional. All these accounts come with the same features and promise of 100 percent automated trading. The prices for these plans are $149, $199, and $249. We find it odd that the accounts come with a lifetime purchase. It means once you buy the robot, there are no subscription fees. And this is why we believe this is a scam robot provider. Legit platforms will most likely charge something extra with each year.

Contact and support

Just below their account plan details, is the contact information. It is a message board where investors are to send their message to the platform. They fail to give users any information on their email or offer a phone number. And this is a trait that is mostly with online scam artists. They fail to give their communication channels for fear of being tracked down by authorities and victims. It is why we insist that you have a product whose support team is available 24/7.

Results and strategy

Although they post their results on FX Blue, it is still not valid as it is from one trade. Another issue is that for over 13 years, they have posted one result. Such a platform should have dozens of results available for clients to see. They should have posted their results on myfxbook and gave investors a chance to verify the results. The three strategies listed do not actually play any part in the robot’s end game. If they did, users would be having a profitable day with the robot.

Security of funds with Forex Enigma EA

The safety of funds is not guaranteed by a platform with no security software to protect users. When purchasing the products, hackers can easily hijack the process and steal valuable data. With your credit card information, these hackers can sweep clean your bank account. Another problem with the robot is the lack of a clear communication channel. They tend to control the communication process which is a huge problem. Stay away from this platform or else risk losing your entire bank balance.

Scam or Legit Forex Enigma EA

Forex Enigma EA Robot Strategy

Forex Enigma EA is a worthless robot that is out to steal from unsuspecting investors. This is a scam waiting to pounce on naïve investors. It is best to stay away from such a platform.

Final verdict

We will be adding this robot to our blacklist to enable our readers to spot it as a fraud.

Stay safe and use reputable forex trading robots that offer a safe way to trade. With investment safety being their utmost feature, these robots will help create a passive income. Start the signup process today.

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