English
Sign In

Robbo Forex

Operating status: SCAM

Website: https://robboforex.com/

Broker violations and abnormal records
  • Feb 21, 2022 The UK FCA Added Robbo Forex into Its Warnings

    On 22 Feb 2022, the FCA issued a warning that Robbo Forex has not been authorised to carry out financial services and products in the UK, you may visit: https://www.fca.org.uk/news/warnings/robbo-forex

    On 22 Feb 2022, the FCA issued a warning that Robbo Forex has not been authorised to carry out financial services and products in the UK, you may visit: https://www.fca.org.uk/news/warnings/robbo-forex
  • Mar 14, 2022 BrokersView has reviewed that Robbo Forex is an Unregulated Forex Broker

    Robbo Forex shows Signs of Firm Cloning

    Taking a look at its home page, Robbo Forex seems to have connections with a legit Cypriot broker RoboMarkets (formerly RoboForex). However, we should make clear straight away that Robbo Forex has no relationship with RoboMarkets. Although the firm doesn't claim to be licensed or related to the legit broker, it seems that Robbo Forex is attempting to confuse traders by choosing its misleading name–a popular scam tactic known as firm cloning.

    Robbo Forex has no regulatory license. With its headquarters is in New York, USA, the entity must be registered as a futures commission merchant and foreign exchange dealer with the Commodity Futures Trading Commission (CFTC) and to be a member of the National Futures Association (NFA) as US-based reliable forex brokers do. However, no results matched with Robbo Forex on the two regulatory bodies.

    What's more, the FCA recently added the company to its warning list. On 22 February 2022, the UK’s financial watchdog added Robbo Forex to its warning list, saying that this firm is not authorised by it and is targeting people in the UK.

    Based on the information we hold, we can conclude that Robbo Forex is a scam.


    Robbo Forex shows Signs of Firm CloningTaking a look at its home page, Robbo Forex seems to have connections with a legit Cypriot broker RoboMarkets (formerly RoboForex). However, we should make clear straight away that Robbo Forex has no relationship with RoboMarkets. Although the firm doesn't claim to be licensed or related to the legit broker, it seems that Robbo Forex is attempting to confuse traders by choosing its misleading name–a popular scam tactic known as firm cloning.Robbo Forex has no regulatory license. With its headquarters is in New York, USA, the entity must be registered as a futures commission merchant and foreign exchange dealer with the Commodity Futures Trading Commission (CFTC) and to be a member of the National Futures Association (NFA) as US-based reliable forex brokers do. However, no results matched with Robbo Forex on the two regulatory bodies.What's more, the FCA recently added the company to its warning list. On 22 February 2022, the UK’s financial watchdog added Robbo Forex to its warning list, saying that this firm is not authorised by it and is targeting people in the UK.Based on the information we hold, we can conclude that Robbo Forex is a scam.

Reviews

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.