Fx Master Bot is an autotrading software which
claims to help novice traders to become profitable
by copying other so called expert traders. It
supports both binary options and forex trading. Any
details regarding the creators of Fx Master Bot is
not disclosed anywhere on the website. The creators
maintain total anonymity. This software also claims that
it is the No.1 Autotrading software which is not backed
up by any proof.
Fx Master Bot Scam Warning-
Fx Master Bot is designed to help newbie traders to
become a master trader who can consistently earn
money from the markets but it doesn’t provide
any educational outlet or trading tutorials to
educate the investors. The users are mainly
relying on the signals generated by the software.
Fx Master Bot has 17 investable assets and the
user can switch between manual and autotrading
Fx Master Bot has a demo account so that the users can
test the performance of the software before depositing
any funds. The demo account is rigged, it fakes trades
and makes the users think that it has a decent success
rate. This is a shady tactic used by scams to attract
more people into depositing with the autotrader.
Fx Master Bot claims that it has a professional trading
algorithm created by their experts which follows the
market 24/7 and sends the trading signals to the
dashboard. The users can trade the signals manually or
set it to autotrade. The success rate of this algorithm
is not revealed or mentioned anywhere on the website.
How can an investor start trading without knowing the
win rate and maximum drawdowns of the system?
The only good thing about Fx Master Bot is that the
users get to choose the brokers. There are some
regulated and unregulated brokers synced with the
platform. As always we urge everyone to trade with
regulated brokers only. Ask yourself what good
choosing a regulated broker be without a trading
system in place.
Fx Master Bot Review Conclusion-
Fx Master Bot is a fraudulent autotrading software
which gets paid from the brokers for referring new
clients which will ultimately make them money.
There is no way to measure the previous
performance of the software or to backtest it. We
suggest all readers not to invest into this software.
Review Date: 2018/04/12
Author Rating: 1/5
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