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Super Forex Bot Review: Superforexbot.com Is a Scam

Super Forex Bot Review: Superforexbot.com Is a Scam

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Super Forex Bot (Superforexbot.com) is another EA collection scam with a cloned website. The robot is what was previously known as Asia Scalper Pro, another bane scam. And this is why we must expose the platform as it has decided to pop up with another name. They claim to offer multiple Expert Advisors in a collection. A look at their homepage will reveal the mistake they did in leaving their previous name unchanged. Beware of such platforms and know about the traps set in this SuperForexBot Review.

Super Forex Bot Review

Concerning Super Forex Bot

They claim to be the best experienced Meta4 Trader advisor in the Asian continent as. The bot is apparently targeting investors in Asia and Europe. They claim to be based in Jakarta, Indonesia. And this is what makes it scary as there is no proof of address. Reputable investors in the region claim not to have ever heard of this platform. And there is a concrete reason to believe that this is an offshore led scam platform. It is best to stay away from unproven advisors with no trading history.

The best way to trade is by using a reputable trading tool backed by experts. And this is what successful traders use over time. Ensure you sign up with authentic and reliable forex trading robots. They guarantee safety for your investments and offer a more realistic profit margin. Try them out and see the difference.

What investors need to know is the traps set by this ridiculous trading platform. Super Forex Bot is unable to offer any transparent trading services. A majority of members have written to our support team asking us to investigate. Most of them are unhappy with the fact that the platform is unable to deliver on its promise. The claim for trading automatically is not the case as it seems the bot ‘hangs’ on some sessions. And this is a real blow to anyone who has invested with this automated trading tool.

Assets traded by the platform

They fail to mention the exact types of assets the robot trades on. It is a problem to begin with as investors are signing up for an unknown platform. The problem here is that they don’t know the currency pairs available on the platform. These so-called robots are urging investors to sign up and not offer valid information. No one knows whether the bot is trading on major or minor currency pairs. They could be trading on exotic pairs which are not what most traders are known for.

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Business owner

It is believed that Super Forex Bot is a developer of forex robots. They have created several EAs and indicators and seem they create two of these products yearly. We have a huge problem with the fact that they claim that this is a robot created by experts. The reason they fail to mention even a single developer on their team is a mystery. Investors should be able to know who created the tools they are using. It seems that this robot is an anonymous led platform that spells doom to investors. This is another reason to pause signing up with the robot.

Comments and feedback from members

Most of the members are unhappy with the way things turned out with the platform. The majority of them are ruing signing up with the platform. They offer seven different strategies and most investors choose one to sign up with. From what we can gather, investors are crossed with the robot for failing to meet goals. The profit guarantee promise is one that is a headache to investors. Instead of making profits, it seems the robot is doing the exact opposite. It has led to hundreds of investors lose their funds with the robot.

Domain information

Domain details tell the background and history of the site as well as any IP changes. And this is where we notice that the site is not open about their history. From a trusted domain record, we know that the site went live on 11th July 2018. What seems to be off with this statement is the different changes made on their IP. Records indicate that the site has made over 4 changes in the last 11 years. As we suspected, the site has been in the hands or used to sell other online trading scam products.

Features of Super Forex Bot

Super Forex Bot Features

They claim to offer seven strategies on their list of numerous robots. These include Asia Scalper Pro ($70), EA Swing Profit ($70), and Flying Scalper ($100). Other strategies on the platform include Maximum Scalper $60, and Profit FX $70. The last set of strategies listed include Smart System V3 $150 and SuperGrid EA $70. They claim to offer multiple currency pairs while their strategy remains undisclosed. The timeframe is also a missing feature as they fail to inform investors on it.

License and Registration of Super Forex Bot

Super Forex Bot is not licensed or registered to offer any trading services to investors. They fail to give any information regarding their compliance with forex trading. A look at the regulator in Indonesia confirms our fears of not having a valid license. BAPPEBTI is confirming that they too have received numerous complaints from investors regarding this robot. And is why they plan to ban the use of this robot in their jurisdiction. The problem with such robots is that they rarely offer insurance cover to deposits.

Other regulators in Europe also plan to ban the use of this forex robot. It is after a majority of investors bought the robot due to the lower pricing model. These scam artists failed to deliver on their promise of guaranteed profit margins. The entire platform has no information regarding its licensing and regulation. It is expected that all robots pass a certain compliance level before being allowed to trade. These are forex trading tools that will surely target naïve investors due to their pricing nature.

Limitations of Super Forex Bot

Account Packages

Super Forex Bot is not able to give users the account packages available on the robot. What they do is provide a number of trading strategies under their belt. The problem with this is that these packages do not offer full feature information. No one knows why Profit FX is better than any other tool. And this is why we must expose the platform as it is just targeting investors with their low pricing. Investors will sign up not even thinking about the features available on these tools. It is how they start creating their own downfall by signing up with unproven trading tools.

Contact and Customer Support

The chat services are in Indonesian which is not helpful to other Asian investors. Another issue with their chat services is that they take forever to respond to emails. We had to wait for over an hour for a representative to appear. It seems that chat services only work during working hours Indonesian time. This is a huge problem for other Asian investors who are not at the same time difference. The response time is slow and they leave no telephone number where one can make a direct call.

Results and Trading Strategy

A tool that does not provide any verifiable trading results is not worth your time and effort. The problem with this tool is that they offer no proof of having made any positive gains with their tool. It means that they are selling an unproven trading tool to investors. The strategy used on the numerous packages is also an issue they fail to confirm. It would be prudent if they informed investors about the strategies used on these packages.

Safety of funds with Super Forex Bot

Super Forex Bot Claims

The safety of funds is not guaranteed by a product that has no valid license. Without a credible license and registration detail, we are sure that this is a hoax. The website lacks credibility as it has no way of protecting users from third party attacks. Lack of DDoS protection on their website puts investors at risk from hackers. Hackers will hijack the purchasing process and steal valuable credit card information.

Scam or Legit Super Forex Bot

Super Forex Bot is a scam and there is no doubt about it. There is no proof that these packages work and a majority of members are at a loss. Stay away from it and ensure you warn your family and friends from purchasing it.

Bottom line

Adding this product to our blacklist will enable our esteemed readers to avoid using it.

Start using recommended tools for a better and safer experience. Go for approved and expert-backed forex trading robots with a proven track record. What are you waiting for?

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