BitcoinRobotFX Broker Review

BitcoinRobotFX Broker Review – Is BitcoinRobotFX.com A Brazen Forex Scam?

When Bitcoin and other cryptocurrencies first appeared on the market a few years ago, new brokers were offering automated crypto trading services. They all had “the best software,” “inside information,” etc. From its name, you might guess that BitcoinRobotFX was one of them.

See how BitcoinRobotFX failed gloriously, leaving many without their funds, in our BitcoinRobotFX review.

As a bonus, we invite you to check out our most recent scam broker reviews, including AGKapital’s, CoinMaxis and Investing Expert. There is no doubt that your funds are at risk with them!

1. Scam Broker Status: Unregulated
2. Regulated by: Unlicensed Company (No Regulator)
3. Websites of scammers: www.bitcoinrobotfx.com (inactive)
4. Trading Status: Active Forex Scam
5. Scam listed by: N/A
6. Owner of the broker: BitcoinRobotFX LTD
7. Country of headquarters: UK
8. Year of foundation: N/A
9. Platforms for online trading: WebTrader
10. Only via a web browser on a mobile device
11. The minimum deposit is $250.
12. Bonus on deposit: No
13. Trading Crypto Assets: Available
14. It is possible to trade CFDs: Yes, it is possible to trade CFDs
15. Trading Instruments: Currency Pairs (FX), Commodities, Indices, Shares, and Cryptocurrencies
16. Leverage maximum: 1:1000
17. Not available for Islamic accounts
18. Demo Account: No, only real accounts are available
19. US traders are not accepted: US traders are not accepted.
20. Scam Broker Verdict: Don’t Invest!

Is BitcoinRobotFX a Scam or Legit? – The Importance Of Regulation

In its description, Bitcoinrobotfx LTD presents itself as an FCA-regulated and legit company owned by Bitcoinrobotfx LTD. However, our search for the truth was motivated by our distrust of implications.

The UK’s House of Companies does not regulate Bitcoin Robot FX, nor does the FCA have any information on its regulation.

Also, to start trading, you should look for a Tier 1 licensed brokerage, which is required to form compensation funds worth over 700,000 EUR.

What’s Wrong With The License?

ASIC, BaFin, and FCA have never recognized BitcoinRobotFX as a legitimate forex brokerage. Your involvement with an illicit entity that has been shut down means you need an alternative money-back solution.

BitcoinRobotFX Reviews – Genuine Broker or Forex and CFD Scam?

BitcoinRobotFX login is nearly impossible since the broker’s website is down. There is no restriction on who can access their funds. Taking this into account, you can see what a scam the company was.

Also, according to Bitcoin Robot FX reviews, clients have difficulty getting their money back because they cannot access it or reach anyone at the company.

We will love to hear from you if something similar has happened. We want to mention three fraudulent brokerage companies before moving on with a deeper explanation.

BitcoinRobotFX Withdrawal Issues – No Money Withdrawal Guarantees

Since Bitcoin Robot FX is unregulated, it isn’t trusted forex and CFD trading provider. Since the website went down, clients haven’t been contacted or returned what they owe. The entire operation shows how shady it was.

The company didn’t pay out everything, forcing clients to look for alternatives and file BitcoinRobotFX complaints everywhere.

Scammed By BitcoinRobotFX Broker? – Talk To Our Recovery Experts

Finally, if you become a victim of the BitcoinRobotFX scam, let us know. You can file a dispute with our chargeback specialists if you need assistance. Global Fraud Protection has witnessed some cases of online scams in the past year, and we’ve gained knowledge from them. You don’t have to let scammers get away with your hard-earned money!

Please book your free consultation with us via online chat today!