Your personal forex trader, robot RoFX is developed by a team of skilled software developers and traders with the objective of helping traders make a profit. Created in 2009, the robot had started to show positive dynamics since 2010. The robot has helped several traders to succeed, even without any formal trading experience and knowledge. After a lot of research and considering top forex robot reviews tests, here is an honest review of the robot.
Benefits of using RoFX
There are many reasons why trading with RoFX EA is better than trading on your own. Here are some of them:
- Beginner friendly: Forex is complicated, and it takes special knowledge, the ability to analyze the forex market and many years of experience in trading to get into successful trading. When you use an EA like RoFX, however, you do not need any of these. While only one percent of novice traders make a profit in trading without EA, RoFX EA increases the possibility of earning profits.
- No influence of human factors: RoFX EA robot works on the algorithmic forex trading platform. It eliminates all possibilities of human influence.
- Excellent trading strategy: By using RofX robot, the trader can skip the trial and error method and move to the top immediately with the best-automated forex trading strategy.
- Consistency: Customers can achieve consistency in trading by the automated forex trading system.
- Minimized emotions: You need to let go of your emotions and be logical during trading so you can make the best decision. With the fully automated forex trading system of RoFX EA, emotions are minimized throughout the trading.
Excellent features of RoFX
- Easy start: You can begin trading using RoFX EA easily. You can start with a trial short-term investment for thirty trading days.
- Daily profit: If the day is a profitable one, then the trader can gain the profit daily, at the end of the day.
- Minimum risks: RoFX is a ‘no loss forex robot’. It has the stop-loss system that blocks trading when the loss is minimum.
- Deposit security guarantee: Amends are made by the reserve fund of the company.
- Return of funds: The trader can get back the funds invested any time.
- Transparency: There are no hidden fees for using RoFX.
- No leverage: RoFX only trades with its own funds and its customer funds.
- 24/7 support: Customers can reach out to the support team 24/7 with live chat.
Now, the question is, does RoFX really work as the developers claim? So, here are some records
Trading Record of RoFX on myfxbook
Before getting into the statistics, it is important to verify if it is a scam or not. First, look at the top section of the chart (below).
The track record, as well as trading privileges, is verified which proves that it is a genuine account. Pay attention to the bottom left corner and you can see that the chart was updated a few hours ago. So, without any doubt, it can be said that this is a real-time chart and you are not being fooled with a false display of past results.
Now, let us get to the statistics on the chart. The account started trading with a deposit of $10000000 with a balance of $47917471. This means that the account has made a profit of $37917471. The account has 100% equity, which is brilliant. Daily profit is 0.26%, and monthly profit is 8.07%. The drawdown is impressively low, 0.35% only. At present, the gain and absolute gain of the account are +379.17%.
Most importantly, this enormous growth happened in a very little period, as the chart shows, from July 30, 2018, to March 23, 2020, which proves that the robot can produce great results in a short time.
Now, if you move to the other charts of trading, advanced statistics, and trading activity, you will see that everything is quite certain. The account maintains its transparency till the end. Only open trades and open orders are private.
So, considering the results of myfxbook account, we can conclude that this is a reliable forex robot and you can go for it without hesitation. However, keep in mind it cannot be downloaded. You can create a free account on the official webpage, and then you will be redirected to the packages, where you can purchase a plan and start trading.