In the forex world, a “robot” is a program that strictly uses technical signals to enter into trades and lets the human sleep in a hammock on a beach while he “makes” money.
In other words, they run automated mechanical systems, whether or not the user is in front of the computer or not.
The problem is that forex robots and their pre-wired thinking do not compensate for ever-changing market conditions.
Most robots are not programmed for all environments, or to recognize a change in the trading environment. As a result, losses occur and they can be huge if not closely watched or managed.
Now, the scam isn’t the forex robot itself but how they are marketed. Scammers will often try to sell these robots and automated systems as the “holy grail” of trading, promising you’ll retire sometime next week.
And they sell them at “human affordable” prices ranging from $20 to $5000.
NOTICE: In as much as Team Xycinews aims to deliver a near perfect review, we have a lot of Platforms on our Log to review & a lot already reviewed. Sadly this limits us from backdating to track the status of already reviewed platforms.
Kindly note that the platform information were correct as of time of publishing but might turn out to be SCAM without our notice.
Always check our article’s published date & the comment section below for users opinion. Thanks ♥️
The Fx Talking Robot
Sure, it might look highly profitable. However, in the forex market, there is no such thing as a consistent market. Conditions are changing all the time. The past has little effect on the future in a changing market.
We don’t know for certain that what happened in past will happen again in the future. There are too many variables to consider.
Plus, you don’t know if these scammers are making up the results anyways. They could just input random numbers into an excel file as most people wouldn’t bother checking if they are accurate or not.
My Experience using Fx Talking Robot
Anyways, for me as an individual I didn’t make any Profit at all. This isn’t because the robot is scam or fake… But I put them blame on the founder anyways.
A lot of users have complained about the Bot and the founder has locked all the comments on his YouTube page, How do we view other users opinion and experience?
Fx Talking Robot Founder
While documenting this fx talking robot review, it didn’t take me long to find Mr Thapelo Lesenya also called the Classic Forex Trader as the Owner and Developer of the first talking robot.
Is Fx Talking Robot Legit
This is the most controversial topics of all. Why I can’t say it’s legit is because a lot of Individuals are complaining. Additionally, why I can’t say it’s scam is because he keeps helping on his Telegram Channel how to fix the Issues.
Is Fx Talking Robot Scam
Primarily, Xycinews Media contents is to give an overview of platforms and what they entails to help you decide if proceeding with them or Investing only what you can afford to lose.
- Do you think Fx Talking Robot is scam?
- How you being defrauded?
With a lot of platforms on our desk to review for the general public, we might not be able to keep track of Fx Talking Robot on a regular. Please help us by dropping a comment and this will help other potential investors from falling prey or proceeding to invest.