DAXrobot is the automated CFD trading system designed to trade for users. After signup, users get direct access to ultimate CFD and Forex auto trading robot. Users can get started in the following three steps.
Sign up: the first step is to sign up and trade with the best CFD and Forex broker in the industry with the highest returns ever. Fund your account: Users can use their credit card, Bitcoin, Ethereum, Litecoin, or any other payment systems to fund their accounts, and get started.
Enjoy the balance evolution: the software works automatically for the users. It’s based on a predefined level of income that can double or even triple the result in one day.
DAXrobot Red Flags
Unfortunately, amidst all the promotions on their website, DAXrobot stands out as one of the digital scams that prey on unsuspecting investors. Such platforms simply offer a simple explainer video to convince traders to invest with them.
While DAXrobot has no such narrated video on its platform, it only shows a cut up image displaying some
“automated trading application.”
There’s completely nothing about the product that the robot claims to provide. If anything, the platform only contained scattered and misleading pieces of information such as doubling or tripling results in one day, which is impossible under normal circumstances.
No Name, No Number
After checking the website properly, the website reveals disturbing, but just expected results.
The platform turns out to be just a part of the most popular scams out there. Such websites are usually camouflaged in the name of highly paying trading opportunities, which entice traders to give out their details carelessly including their addresses, e-mail, and phone numbers.
No Verified Track Record
Even if we choose to believe the product offered by DAXrobot, there are still more red flags to watch. Bluntly speaking, the platform offers completely no assurance for results. In other social trading platforms, traders are able to search the profiles of other traders to see how much they win or lose before they can invest with the company. This is nonexistent in DAXrobot.
No Regular Supervision
Additionally, DAXrobot offers no regulatory guarantee on the product it claims to offer. No authority does regulate the owners of the website and they are free to do as much as they wish. Besides, the absence of SSL encryption exposes any information that is transferred through DAXrobot.
Finally, but importantly, the way it seeks funds leaves a lot more questions than answers. If the product was legitimate, DAXrobot would have an alternative way of funding its operations. It’s evident that the platform simply relies on cheap traffic through bait-clicking commercial.