RoFx (by rofxnet)
| Gain: | +916.56% |
| Drawdown: | 0.35% |
| Pips: | 3982706.4 |
| Trades: | 252473 |
| Won: |
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| Lost: |
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| Type: | Real |
| Leverage: | 1:100 |
| Trading: | Automated |
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Hello, I have a question. What tools do you prefer and why?
Sep 06 2020 at 16:43
Original take. NOT! Time will tell, of course, but so far time favors the the one who has placed a risk on this one.
If it is to be it is up to me!
The decision essentially remains with the prospective Investor and their own Risk appetite - I personally chose not to explore further.
Something to consider - it is very simple in this day to open up your own FX brokerage (relatively cheap) with an 'exotic' licence, which would allow someone to create a legitimate store-front, whilst purchasing a Meta quotes Licence (not cheap) which could theoretically enable someone access to its back-end or code in order to manipulate performance results to be published server-side to verify accounts etc - it has been seen before.
Their is also 'The Exit Scam', of which i personally lost money to a Bitcoin mining company who paid out for 30 months before the stunt, taking 17m from investors.
I am not in any way saying that this is the case with RoFX, only that this scenario happens in the market sadly.
I would like RoFX in all of its success to simply open and publish a small account with a Tier 1 FX Broker if they truly wanted to build a client base for longevity, possibly using a LPOA model. this is the simplest, most cost effective marketing tool they could adopt......but instead they show an account which started with an impressive capital sum of 10m, bringing to approx 45m, and STILL advertise a collective investment scheme using an unregulated broker (i believe they may likely own it otherwise i find it debatable that someone would move 10m to a third party unregulated broker,however i could easily be wrong) searching for retail clients asking them to move money, when their own capital is subjectively producing a few million each month.
Having said that i wish everyone making money with them the very best, it certainly looks very appealing to those of us on the outside looking in.
Something to consider - it is very simple in this day to open up your own FX brokerage (relatively cheap) with an 'exotic' licence, which would allow someone to create a legitimate store-front, whilst purchasing a Meta quotes Licence (not cheap) which could theoretically enable someone access to its back-end or code in order to manipulate performance results to be published server-side to verify accounts etc - it has been seen before.
Their is also 'The Exit Scam', of which i personally lost money to a Bitcoin mining company who paid out for 30 months before the stunt, taking 17m from investors.
I am not in any way saying that this is the case with RoFX, only that this scenario happens in the market sadly.
I would like RoFX in all of its success to simply open and publish a small account with a Tier 1 FX Broker if they truly wanted to build a client base for longevity, possibly using a LPOA model. this is the simplest, most cost effective marketing tool they could adopt......but instead they show an account which started with an impressive capital sum of 10m, bringing to approx 45m, and STILL advertise a collective investment scheme using an unregulated broker (i believe they may likely own it otherwise i find it debatable that someone would move 10m to a third party unregulated broker,however i could easily be wrong) searching for retail clients asking them to move money, when their own capital is subjectively producing a few million each month.
Having said that i wish everyone making money with them the very best, it certainly looks very appealing to those of us on the outside looking in.
Courage is going from failure to failure without losing enthusiasm
Sep 06 2020 at 20:20
Absolutely fair analysis. There are certainly risks here. I wish you well @MikeF
If it is to be it is up to me!
I have had no issues, with ROFX, at all. I have a package that ends in 20 trading days, over 100k, I have no doubt about receiving my money. I have received all funds that have been requested, without any issues and have been timely, usually 2-3 days after I request them, . I will update after my package expires
fcgltd posted:
The decision essentially remains with the prospective Investor and their own Risk appetite - I personally chose not to explore further.
Something to consider - it is very simple in this day to open up your own FX brokerage (relatively cheap) with an 'exotic' licence, which would allow someone to create a legitimate store-front, whilst purchasing a Meta quotes Licence (not cheap) which could theoretically enable someone access to its back-end or code in order to manipulate performance results to be published server-side to verify accounts etc - it has been seen before.
Their is also 'The Exit Scam', of which i personally lost money to a Bitcoin mining company who paid out for 30 months before the stunt, taking 17m from investors.
I am not in any way saying that this is the case with RoFX, only that this scenario happens in the market sadly.
I would like RoFX in all of its success to simply open and publish a small account with a Tier 1 FX Broker if they truly wanted to build a client base for longevity, possibly using a LPOA model. this is the simplest, most cost effective marketing tool they could adopt......but
instead they show an account which started with an impressive capital sum of 10m, bringing to approx 45m, and STILL advertise a collective investment scheme using an unregulated broker (i believe they may likely own it otherwise i find it debatable that someone would move 10m to a third party unregulated broker,however i could easily be wrong) searching for retail clients asking them to move money, when their own capital is subjectively producing a few million each month.
Having said that i wish everyone making money with them the very best, it certainly looks very appealing to those of us on the outside looking in.
Rofx has offered you the opportunity to use your own choice Tier 1 FX broker to trade your account directly from your mt4 according to your previous post. Majority of Rofx clients don’t have that kind of opportunity. What else do you want?
Sep 10 2020 at 21:49
Been in since January ... so far so good. Have multiple accounts. So far no issues with money moving in & out @NORADex
NORADex posted:
Any one trading RoFx.net? Please share your experience...
If it is to be it is up to me!
I just rec'd the following email yesterday:
Dear RoFx Customers!
Many of you are already aware that RoFx is preparing for an IPO (Initial Public Offering) in the third quarter of 2021.
We have been receiving multiple requests from you if we are going to have the pre-IPO and its date. Thus, we would like to have you informed that we plan the pre-IPO exclusively for our VIP package holders approximately 2 months to go before the IPO. You will be notified accordingly in advance.
Sincerely Yours,
Customer Support Team
support@rofx.net
+44-20-3807-6029 (UK)
+1-888-907-0714 (USA)
+852-8170-0884 (Hong Kong)
https://my.rofx.net/login
Dear RoFx Customers!
Many of you are already aware that RoFx is preparing for an IPO (Initial Public Offering) in the third quarter of 2021.
We have been receiving multiple requests from you if we are going to have the pre-IPO and its date. Thus, we would like to have you informed that we plan the pre-IPO exclusively for our VIP package holders approximately 2 months to go before the IPO. You will be notified accordingly in advance.
Sincerely Yours,
Customer Support Team
support@rofx.net
+44-20-3807-6029 (UK)
+1-888-907-0714 (USA)
+852-8170-0884 (Hong Kong)
https://my.rofx.net/login
E Pluribus Unum
NORADex posted:
Any one trading RoFx.net? Please share your experience...
I have had no issues, with ROFX, at all. I have a package that ends in 20 trading days, over 100k, I have no doubt about receiving my money. I have received all funds that have been requested, without any issues and have been timely, usually 2-3 days after I request them, . I will update after my package expires
Sep 14 2020 at 21:30
Received the same e-mail @lavee383 ... Wondering if anybody here knows what the IPO might be?
If it is to be it is up to me!
