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Robot Review: RoFX (RoFX.net)

Forex markets are flooded with tools and robots that automate the trading process and facilitate traders in earning higher profits. Novice and experienced traders alike are resorting to the use of Forex trading robots to trade round the clock and enhance the number of profitable trades.

A forex automated trading robot that has been quite popular is the RoFx Online Automated Forex Trading Robot. The robot will be under critical review here.

Overview of the Robot

RoFx claims to be one of the best automated trading robots in the world, guaranteeing coverage of losses. The robot claims to serve as a reliable money-making service, guaranteeing a stable income to the traders. The vendors promise complete safety of the trader’s funds by covering the negative trades from the reserve fund. According to the developers of RoFx, the traders do not require any specific knowledge or trading expertise to use the trading solution.

The expert advisor was developed by RoFx, a team of developers that claim to have significant experience. The company boasts of three offices – one in Miami, USA; London and in Hong Kong too. Customers can also get in touch with them via telephone or email.

RoFx – How it Works

Getting started with the RoFx robot is fairly simple. One needs to simply register themselves and get a completely managed forex trading account. After the trader is registered, the robot generates trading signals in favor of the account. At the end of each day, the account will receive profits with a complete loss coverage guarantee.

The robot serves as a fully automated forex trading solution. Utilizing AI technology, the robot can generate profitable signals and place winning trades frequently. The simple user interface facilitates traders in using the robot and the online wallet. For people who wish to earn profits even when they cannot trade physically, RoFx is the best solution as it does all the work for you.

Key Features of RoFx Automated Trading Solution

The AI-powered forex robot offers a simple-to-use interface to the traders. Eliminating the need for any trading experience or downloads, the robot offers a completely automated experience, eliminating any manual intervention.

  • Loss Coverage Guarantee – RoFx.net guarantees complete coverage for losses. The negative trades and losses are covered by the reserve funds, ensuring that you never lose your funds.
  • Bitcoin Funding – The traders can use EUR, USD, and Bitcoin for funding their accounts. The vendors offer same-hour Bitcoin funding and provide one of the best Bitcoin prices in the market.
  • Payment Flexibility – The users have the flexibility to choose their desired payment method. Traders can choose from  bank transfers and Bitcoin. US traders also have the option for Domestic ACH. Further, the traders do not have to pay any fees for the withdrawal of their funds.
  • Package Flexibility – As per their needs and deposit, traders have the flexibility to choose from six different packages. Starting from a deposit of just 1,000 USD, traders can find a package for their exact needs.

RoFx – Package Offerings

The developers offer the traders to choose from among 6 different packages, based on the size of investment the trader is willing to make. The vendors inform that bigger deposits ensure a greater trading profit share and a lower performance fee. Traders can get their desired package for USD, EUR and for BTC too. The trading packages offered include:

Trial Package

Traders get a 30 trading days account with a deposit ranging between 1,000-5,000 USD.

Easy Start Package

Traders can enjoy a 70- trading day period with deposits of 5,000-10,000 USD.

Money Maker Package

With deposits ranging between 10,000 and 50,000 USD, traders can enjoy automated trading for 270 trading days. In this package, the performance fee is reduced to just 35% of the daily profits.

Gold Package

For deposits of 50,000-100,000 USD, traders can get access to the robot for 270 trading days, paying just 25% of the profits as a performance fee.

VIP Package

By depositing more than 100,000 USD, traders will get a reduced performance fee – just 15% – for 270 trading days.

VIP PAMM Package

With the VIP PAMM package, big trading enthusiasts can have their account with their preferred brokerage and complete control over their assets. Depositing 10 million or more, the traders can enjoy lifetime trading using RoFx and enjoy unrestricted funds transfer and withdrawals. With no lock period, the account owners have the freedom to withdraw their funds at any time.

You can replenish your account at the RoFx in the following ways:

  • wire transfers
  • bitcoin transactions BTC
  • DOMESTIC ACH

In addition, they recently made DOMESTIC ACH available for the US clients. It is faster and the fee is lower due to internal transaction processing. In case you deposit via US bank details and make a withdrawal to US bank details, the fee is approximately $50 that is covered by the company in case your package has expired.

Bank transfer and BTC transfer options remain available.

RoFx – Trading Results

Based on the trading performance of the robot since 2009, the robot shows a steady profit of 0.38% daily. The average monthly profits earned by the robot are about 8-10%. Customers can calculate their returns by using the profit margin calculator provided by the vendors on the sales page (https://rofx.net/for-customers/). By simply entering their deposit amount and the package they want to get; customers will have detailed information about the expected daily profit and monthly profit.

The developers have also provided a verified MyFxBook Account for the robot, where one can find reliable and verified trading results. This gives a clear idea of the actual performance of the robot in the forex market. True to the claims of the developers, the account shows a monthly gain of 8.27%. The drawdown of the robot is almost negligible at just 0.35%. The account shows 78% winning trades for the EUR/USD pair and 81% winning trades for the GBP/USD pair. Compatible with the popular Meta Trader 4 Platform, the robot promises an efficient performance.

Customer Support and Reviews

The developers offer great customer support service, ensuring that traders can easily reach out to them. Customers can contact them through e-mail or call for a quick response. Traders can also submit their messages and queries through the website itself.

With a steady performance and efficient customer support, the robot has earned some great customer reviews. While some customers assure that the team provides great customer support, some others praise the ease of fund deposits and withdrawals.

Final Verdict

RoFx.net stands out to be an ideal automated trading solutions provider company. The robot features a friendly user interface with AI integration, serving as a fully automatic trading tool. With steady profit margins and reliable trading results, the robot is the perfect tool for both experienced and novice traders. The presence of reliable, positive customer reviews affirms the actual performance of the robot.

With an overall rating of 3.95 out of 5; RoFx is a lucrative option for traders wishing to try forex trading or simply invest in a profitable forex trading robot.

RoFX Deposit based profit share
  • Pricing
  • Strategy
  • Trading Results
  • Client Feedback
  • Customer Support

Summary

RoFX is not a robot, but a Forex robot investment program that allows traders to deposit and withdraw based on their own needs.

Overall
4
Comments Rating 0 (0 reviews)

Pros

Founded in 2009 Includes company location Unique growth approach

Cons

Not a Forex robot

About Patrick Ryan

Patrick is a Forex enthusiast, with over 10 years of experience in finance, and market analysis. He's eager to help traders achieve their investment goals, whether they are short or long-term. Patrick's penned thousands of reviews, and is always available to discuss trading with anyone who's interested.

81 comments

  1. I hear this project is crumbling and looking like a Ponzi scheme. People unable to withdraw funds, and fake FXBook results. What’s the update?

  2. How do you file taxes for this?

  3. is still good?

    • The majority of the feedback here is positive to this point, which is a good sign.

      • look at trade history myfxbook,there are only round pips number,always 11 or 9 or 22 pips there are no 10.3 or 23.5 pips,can you explain to me,it is impossible,and a drawdown with .035 impossible to,it is a scam and you will see later,it like GNTFX more you put money,more you make,big amount,less fee ,it can take years but many peoples will loose everything at the end,not them,remember to good to be true

        • It would be good to see some other Myfxbook trading accounts with other brokers to be safe. Though, I haven’t had anyone come in here commenting, saying it doesn’t work or that they haven’t gotten their withdrawals yet. Which is a good sign, given that this service has been on the market for multiple years.

          • i asked rofx chat,why you have 107 millions with ESTER unregulated broker when you clain to use only regulated broker,why there is no withdrawalmstill waiting for answer,click on fxbook account and why last update always 10 or 20 hours ago,any other account always 5 min or 45 min ago

          • I don’t think it’s something nefarious, but please let me know what they say.

          • myfxbook,why the pips value are the same ROFX eur:usd and gdp:usd 10 usd a lot,histoiric trade,win 10 pips eur usd=100 win gdp usd 10 pips =100 for 1 lot,it does not work like that,pips dont have the same value,open your eyes,something wrong

  4. The have 2fa now to protect your funds from people which is a plus in the security tab

  5. Opened an account and was going to make a deposit as they propose by issuing an invoice which they generated and said to wire money to Notus LLC Grand Island NY at their Key Bank account. Anyone else seen this?

    • Just follow the instructions and youll be fine.Ive wired money to them quite a
      a few times(International wires) before they started offering domestic wires to US customers.Never have had a problem.Ever.

    • I have sent money and it made it and have not had any issues yet i sent to Wealthy Developments LP when i made my deposit
      I live in Australia and sent through commbank

  6. niccolo' taveggia

    can you review 1000 pip climber system and cerberusfx copy trading?

  7. Can I be confident this isn’t a Ponzi scheme?

  8. I have been a account holder at ROFX now for almost 2 years and I have made numerous bank transfers both incoming and outgoing and have had no problems at all. The returns are large enough that you can withdraw all of your deposited funds over time and still allow your accumulated returns to grow and withdraw from them as well. There are AI trading services in the US that actually have larger returns but the management costs are far more and there is no guarantee of initial deposit or accumulated account growth. Look, I wouldn’t tell anyone to put all of your investment capital in this service but it is certainly a great piece to add to your overall investment portfolio.
    Thanks
    Terry

    • Kenneth MacGuffin

      I am curious how the Performance Fees are implemented in regards to monthly returns. If RoFX states that there is an average return of say 6% monthly on a $1000 investment, and their Performance Fee is 60%, does that mean that your return is actually only 2.4%?

      • No. I invested $1000 with ROFX my first trade and made a $54 profit in 1 month on that alone so about 5.4% after they took the 60% performance fee. The more you deposite though the less the performance fee becomes and the more you profit.

  9. Has anyone gone or tried to look them you in the UK. They must be registered in UK?

    • First, I’ve been an ROFX investor since March of 2019. Totally satisfied. In your scenario above, yes, 2.4% would be accurate. But remember, that is per month. A 30 day trading period is about 6 weeks. There are approximately 48 trading weeks in ‭a year when you factor in public holidays. That would equate to about 28.4% net p.a. In your scenario. However, the historical average is closer to 7.75% per month with a 60% fee at entry level you’re looking at netting 3.1% per month or about 4.5% in a 6 week trading period yielding approximately 36% p.a.

      • Seems this site isn’t interested in anything positive regarding ROFX. I’ve experienced exceptional results. Very satisfied!!

        • Why do you say that? We gave a 7.9 rating, which is very positive. We have a good relationship with ROFX.

          • From previous comments: “not sure I buy into this account;” “unreliable broker;” “not a forex robot;” “HYIP” … not exactly a stellar endorsement despite the ranking. Why the double talk?

          • I think you can be positive and skeptical at the same time. The results are good, but this isn’t a Forex robot and the results we were discussing at that time were with a broker that doesn’t have a stellar reputation. Is this a Forex robot? Am I mistaken?

  10. I used them one time with an initial $1k deposit on my credit card. After the 30 trading day trial expired I was able to transfer the initial deposit along with the proceeds of around $60 to my bank account with no problem. Since then they have not been allowing me to make another deposit with my credit card. My fear is that credit card companies are willing to resolve these issues and that’s why they’re not allowing credit cards anymore. Using a wire transfer or BTC the transaction is final with no one to help resolve any issues if this turns out to be fraudulent. Still unsure on what to think of this. I fear the $1k deposit is a drop in the bucket in hopes to lure in a larger deposit to runoff with.

  11. Hi Guys. At the time that this review was originally written ROFX didn’t have a Myfxbook page. This was one of the main criticisms. Now they do. Does this provide any reassurance at all?

    • We updated the review recently Piyush. The service isn’t a Forex robot, it’s more of a HYIP or something similar. The Myfxbook account is with an unreliable Forex broker, so we don’t put much stake into it.

      • Ok thanks. Just cos I m a novice, what is an HYIP and how do you know it isn’t a Forex Robot?

        • Hi Piyush, when you purchase a Forex robot or an expert advisor, you are given the software. You then install that software to your MT4 platform and it trades for you. That’s not what ROFX does. It’s more like a managed account service. You pay into it, and they promise specific gains. In no way is that a Forex robot.

      • Old Retired Guy

        Any updates since your prior review? Seems to be working quite well for me.

  12. TOTAL SCAM.

    They won’t pay out, don’t trust anything they say.

  13. I was suspicious too but after I saw all the numbers, it seems legit:
    https://www.myfxbook.com/members/rofxnet/rofxnet/2833933

    • Hi Stephane, I’m not sure I buy into this account. It’s with a Forex broker called Ester. This broker is registered offshore, and is barely recognized by anyone as a stable / trustworthy platform. At this point, they are on the edge of the first page of Google for their own brand name.

  14. I have been using RoFX since December, no problems at all so far, support is always fast and kind. I have put in 2k and getting around 4-5% per month.

  15. This one i have place 1k in and am able to withdraw money via bitcoin daily without any problems it will take a long time to get back what you put in but it has support always online and seems stable

    like getting daily interest.

    You can also set to auto reinvest the interest instead also which is good if you want to build the deposit.

    So far am happy but the website needs more security for login as its only a basic password required no text message or app login to protect you investment from someone that can take your investment profit to send to any bitcoin they like which is bad.

    Just my opinion

    Thanks Daniel

  16. I have been using RoFx for about 3 months. I put in 2k and get abut 4 % growth per month. So far, nothing suspicious. They have 3 offices in Miami, UK and Hong Kong. Their trading results are posted and appear legiimite.

  17. This company is very suspicious, in their terms of service they state that if you wish to withdraw the money before the hired period, they discout 30% of the money, and take back all the eventual profit also. In the moment of account or package creation there is no signature of reading/acceptance of this terms…

    Do not put money there.

  18. Hi
    I have been able to withdraw my profits $1000 at a time with out any problems. They have been very helpful I have done this twice.

    • Mary. How long have you been with them?
      What will I get on 2k investment and can i deposit profit to my bank account?
      Thanks

  19. I just signed up for ROFX today and will be depositing $5k for the first time. It’s money I can afford to lose, but I’ll try to remember to come back here to post my results after 70 days.

    Wish me luck!

    -Mike

  20. I don’t know about anyone else but I have had a very positive results with Rofx. I can draw my profits daily or when the trading period is up. No Problem. Not everyone uses Myfxbook. Myself included.

  21. Hi my name is victor chong n i want to cancel my registration thank you

  22. Hi Everyone, Matt here. Quick message here for the whole world to see. I URGE EVERYONE WORLDWIDE NOT TO USE ANY TRADING SYSTEM ONLINE!! EVER!! I once myself signed up for a trading online group called Chase-Saunders in the UK but now they are “In Administration”. Probably will get some money back when I see my bank. I have evidence in my folder explaining what happened to this group and see what I can do to retrieve this money. There are other ways to make money online but trading online is not the way to go. If you sign up for these trading online groups you will not see the light of day with your money and will possibly get no return whatsoever with your hard earned money. PLEASE I AM URGING ANYONE AND EVERYONE WHO READS THIS MESSAGE TO TURN AWAY FROM ANY ONLINE TRADING GROUP! DO NOT EVEN FEEL TEMPTED TO SIGN UP FOR ANY TRADING GROUP! AGAIN ONCE YOU SIGN UP! YOUR MONEY IS GONE! LIKE THAT! NOT EVER TO BE SEEN AGAIN! Most trading groups start off with $250 USD. After you start up with a group they will want to put extra money in this account. That’s when things start getting dodgy, then wonder what have I signed up for? Traders make their money’s worth and your hard earned money goes slowly down the drain! This is where I’ve come from regarding online trading. Don’t ever sign up for no trading please!

    Matt

  23. If this product really works I would like to try to invest so I can help my children and other children to have a better life

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