Avoiding Potential Forex trading Robots fraud

Forex robot is considered to be the most famous software for designing a personal forex. Robots act as an expert adviser within the platforms for forex trading.you might be disappointed after purchasing a robot since it may not perform well as per your wish. The vendors might be a fraud who offered you a robot that is ineffective for your trading.

The process of selling the forex robot

The automated trading robot seller might be presenting the robot positively in order to reap more and more profits. Attractive pictures of money stacks, glowing testimonials may be displayed by seller of the automated software seller. Such robot sellers make strong claims about the profits that robots have reaped for the traders in the past. However the seller present that phase only when the robot showed a winning streak.

The disclaimer game played by the vendors of forex trading robots

The vendors might hide behind the various negative disclaimers. The disclaimers are used as an effective defense tool in order to wash their hands off from any king of liability of forex fraud. If the automated robot proves to be a failure, then the disclaimers will protect them. They make very clear through their statements that the robots might not give the traders the expected results. They do not give any assurance of profit to the buyer through disclaimers. The trading results that are back tested are worthless. You should not at all consider them.

The practices adopted by the vendors to cover up the losses

After the traders have lost a significant amount of money using the robot, the vendors in order to quieten the trader pays him a small amount of money as a refund. Through this the vendors cover up their exclusive hypes on robots that were made prior to the purchase. Always use ‘Clickbank’ for purchasing the robot for the refund may be avoided by the vendor altogether. This will avoid all the hassle associated to refunding in case the trader incurs loss in trading.

Clickbank will certainly return the funds to the trader within the duration of 60 days itself. But then test the robot properly within the trial period of 60 days. This will help in avoiding the disappointments arising out of trade losses. Using Clickbank is the most secured way of purchasing a forex robot for there is no fear of losing the money that is invested in buying of the automated software.

It is a very thought provoking question that if the robot costs something around dollars, then why at all the bank paying the traders the amount invested in purchasing the robot after the trade loss has been incurred.

These forex robots most of the times do not deliver the expected results or what was promised prior to the purchase of the robots. But on the other hand the disciplined traders make the most out of the same robots that were sold by the vendors. It is mainly the would-be-traders of the forex market who fall into the traps of the false promises of the vendors. Just avoid forex robots and learn to trade the price chart effectively.