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www.ScalpingRobot.com ==> SCAM

Published on November 24, 2011, by in Scams.

Their latest website www.scalpingrobot.com advertises an Arbitrage Expert Advisor that compares two data feeds and trades on the slower data feed while using the faster data feed for a glimpse or reference into the future. For a simpler explanation, it is like playing Roulette with an advantage by knowing what color and number the ball will land on next. Its like a crystal ball telling you when you should BUY or SELL. I know it sounds interesting and all, but it is a SCAM with a $1000-2000 price tag.

How can it be a SCAM when they have Live Verified accounts?
Even FX brokers like Alpari and ActivTrade can have a delayed quote/price feed and as a result, there are a few Live and Real accounts with very short trading history. However, if it worked every month out of the year these developers would be rich, FX brokers would file for bankruptcy and you definitely would not see this Robot for sale. They need to push their sales because their EA will not work consistently enough to make ends meet and that’s the truth.

The truth is
These developers continue to prey on people that don’t know the facts. I’m here to show you the facts.

Domains and Names
www.FXirobot.com – Expired 11/3/2011
www.MagicFXrobot.com – Active – My Name is Dominic
www.ScalpingRobot.com – Active – My Name is Craig
www.FXGeniusRobot.com – redirects to MagicFXrobot
www.SuperFXrobot.com – redirects to MagicFXrobot – ForexPeaceArmy

Forum Discussions

186 pages at 4xproject.com

2 pages at BabyPips

22 pages at ForexPeaceArmy

100′s of pages at Myfxbook

Detailed Article

Unbiased Review by MechanicalForex.com

Account Managers
Please be aware that Account Managers use this EA at your risk. If it works, they make money, if it fails, they lose nothing. Currently, a group of account managers are advertising this EA at ActivTrades.


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