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Another robot full of complaints is here, and Vantage Point X (Vantagepointx.com) review is out. After receiving numerous complaints from users, we had to investigate the trading robot. From the initial investigation, we can determine the site is two years old. Their background remains sketchy as there is no history regarding the developers. As we state in most of our reviews, it is essential to know who you are in bed with. These developers may offer an alluring robot, but, it ends up being a scam.
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After landing on their homepage, we could see why the platform can lure investors. They have created a website design that looks attractive. And this is what makes it a problem since naïve investors sign up without thinking it through. The reason why unsuspecting investors get caught up with online scams is easy. They go for sites that offer over the moon claims and promises. Most of these scams will provide a guaranteed profit margin, which is a cause for concern.
On their first banner, they claim to get more than 50 percent gains in one month. If this were the case, we would all sign up and leave after one month. These are the empty claims and promises used by online scam artists. The claims are unfounded as no one has come out with proof of achieving this fete. And this is why we have a severe problem with such a site. They have been in the market for over two years with no proof of concept. It is why we need to expose their dirty secrets.
The comment and feedback from clients are shocking. Several reviews paint a picture of a robot that is incapable of producing desired results. On their part, these developers have hired keyboard masters to paint a definite look. The positive posts are from hired freelancers who will post anything to get a paycheck. And this is the reason why some investors signed up after reading the positive reviews. The truth is that VantagePoint X is a severe fraud with no future.
Vantage Point X claims to be an auto trader capable of achieving incredible results. And this is where most investors go wrong since they believe everything that they read. Such websites are mainly operated by offshore developers who have no prior trading expertise. And this is the reason why such platforms rarely go past three years. After several complaints, regulators will have no other option but to blacklist the platform. It is why no one should sign up with this trading robot.
What is weird with their domain details is that their ASN was registered in 2002. The website went live two years ago and has made two server changes. What this means is that the platform has been used to sell other products. The site could have changed ownership for the last few years. Such a platform is not to be trusted, especially if there are funds involved. These are the developers who take advantage and recycle old scams. And we believe VantagePointX is another robot taking advantage of unsuspecting investors.
There seem to be no names mentioned as to the names of these developers. All we can say is that the platform claims to be based in the UAE. Note that scam artists will use virtual offices and phone numbers to entice investors. An investigation that involved reliable brokers in the UAE found no such developer in that region. This is concrete proof that the robot is, in fact, not based in the UAE. It is high time regulators joined in and ensured investors are safe from such robots.
They claim that their system is so powerful it feels like cheating. ‘Have you been looking for the holy grail’ is another sales tag used by these developers. The truth of the matter is that these scam developers want everyone to join in. And this is another reason to shy away. And this is the reason why we have to blacklist the robot.
Vantage Point X is NOT REGULATED to offer any trading services to investors. They fail to post their license credentials for all to see. Without a valid trading license, the platform remains to be a massive challenge to investors. An unregulated platform does not offer insurance cover to any money deposited. It means that features such as money-back guarantee are missing from the platform.
The disclaimer at the footer of their homepage does not provide users with any information regarding their license. And this is the reason why no sane trader wants to sign up with such a platform. They have no terms and conditions page, which is another fault we noticed with the robot. How do they expect users to comply with their rules? They are taking advantage of this loophole by providing substandard services.
Vantage Point X is furnishing users with three plans to choose from. These plans include Basic, yearly, and lifetime subscriptions. The basic subscription plan is going for $250, while the annual one is $500. Their last subscription plan, which is the yearly plan, is going for $1,000. They claim that the robot is only installed through Teamviewer, which is a problem. This is software that allows third parties to take control of your PC. They may be able to retrieve personal data from your PC at any time.
At the bottom right-hand side of their platform, they claim to have a Whatsapp message chat. They have placed a number where investors can send their messages. The site has UAE phone code, which as we stated earlier, could be a virtual phone number. These developers want to have US server credentials and target investors in the Middle East too. No one should expect any support as the platform is under no obligation to answer queries.
In one section, they claim to guarantee 84 percent ROI, while another account shows an ROI of 255 percent gain. The contrast from these results means that their expected ROI is not valid. They also fail to give users any information on their strategy. Traders should be able to know the strategy used by a robot before signing up with it.
Vantage Point X is a scam that is targeting investors in the Middle East. Watch out for it and stay away from their sales representatives. These are scam developers with no intention of offering good trading tools. Warn your loved ones on the risks of signing up with such a platform.
To protect our readers, we will be adding this robot to our scam site for all to see. Stay away from it or else risk losing your entire deposit.
A reasonable trading tool will offer security for your investment. It is why investors use genuine robots that are transparent at all times. These robots have been proven to safeguard investments at all times. Sign up with one and see the difference in having a reliable trading tool.
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