RoFx (by rofxnet) Quick Stats
Gain: +202.9%
Drawdown: 0.35%
Pips: 1524542.4
Trades: 105840
Won:
Lost:
Type: Real
Leverage: 1:100
Trading: Automated

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RoFx Discussion
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Davidgoliath

Member Since Jan 25, 2019  16 posts Davidgoliath Sep 02 at 14:18
Wish they list RoFX signal to Signalstart.com( which is a MyFXbook service)
I can pay $400-500 for monthly fee...
 But anyway they maybe greedy. Its may take 10 more years to make this happen :-))

JRANGHAN

Member Since Nov 28, 2018  5 posts JRANGHAN Sep 03 at 02:27
I agree with you.

DynScaling

Member Since Jul 18, 2011  9 posts DynScaling Sep 03 at 17:28
Posting their trading data here at myfxbook triggered my initial interest to take a good look at their offer. But it took me about one hour to read different sources and come to the facts. As a result, for now I will not even send 1k usd as long as their broker listed at myfxbook is www.esterholdings.com, because of this broker extremely low position in the brokerage food chain. This broker could be simply be working for rofx to build its happy-trades-tale, or even be partially/fully owned. Honestly I don't care which one of these hypothesis is the true one. Additionally, they make almost all perfect trades with pip wins well above +10, consistently, which I have not seen anyone but scammers pull off. Lets come back to same basics for that general guideline 'if it is too good to be true, it probably (certainly!) isn't' : A sane individual/company does not make an initial deposit of $10,000,000.00 in a bottom-feeding brokerage company, period. If the room smells like 'apple pie' (to use a polite substitute for smell source) , it is because there is 'apple pie' in the room. It is that simple. If they link their myfxbook page to a real broker (not a 'toy' broker), then I will re-consider my position. Hope this helps, please be safe and only work with credible financial institutions.

oportunis

Member Since Jun 22, 2013  20 posts oportunis Sep 03 at 22:30
I agree with DynScaling. I've seen plenty of times how such accounts suddenly disappear. Especially if they offer packages etc. If a strategy works it works also on a well regulated broker, where you have funds protected by the compensation scheme.

RandallJ

Member Since Sep 05, 2019  3 posts RandallJ Sep 05 at 16:14
DynScaling, all that you have said would make sense, but you missed one small detail)). their 10 M offer (Vip pamm) has NOTHING common with Ester holding. the client select ANY broker. accordingly, a client does not transfer money to Ester holding or even rofx.

oportunis

Member Since Jun 22, 2013  20 posts oportunis Sep 05 at 17:15
RandallJ posted:
DynScaling, all that you have said would make sense, but you missed one small detail)). their 10 M offer (Vip pamm) has NOTHING common with Ester holding. the client select ANY broker. accordingly, a client does not transfer money to Ester holding or even rofx.

Yes they do. Check who is the beneficiary when you transfer funds to broker. It's always the broker's name listed as benefeciary... And with unregulated brokers the money can disappear while with regulated broker you have a compensation scheme and protection up to 100k... Depends from regulation, but sending 10 mil to unknown broker smells fishy... No company in their sane mind would do this unless they are on this scam.

DynScaling

Member Since Jul 18, 2011  9 posts DynScaling Sep 06 at 16:12
RandallJ posted:
DynScaling, all that you have said would make sense, but you missed one small detail)). their 10 M offer (Vip pamm) has NOTHING common with Ester holding. the client select ANY broker. accordingly, a client does not transfer money to Ester holding or even rofx.


RandallJ, oportunis' comment is reality. If you were thinking about opening a 10m$ account following rofx instructions I truly hope you were aware of what oportunis' has just stated here. But even if that were not the case, my point here was totally elsewhere, it is on rofx's PUBLIC TRACK RECORD CREDIBILITY: which I personally give a score of '0' (zero) to rofx. Why? >>>> If anyone, rofx included, can give me one single reason to select www.esterholdings.com to open a 10.000.000 USD account and link that account to myfxbook on the intent to acquire confidence of a prospecting investor, I would be delighted to know what that reason could be. Sending 100$, 1,000$ or even 10,000$ to an unregulated 'toy' broker is one thing, but 10 million usd requires a totally different and much higher level of rationale. So again, why did rofx fund its 10m$ myfxbook account account at Ester? Find yourself the most proabable answer(s) to this question and you find yourself dismissing rofx. Really, I could not emphasize any more than this, it is really that simple.

Ok, to conclude, another general rule to keep in mind >>> Before giving your money to someone, ask yourself, 'Where are the pitfalls of the 'nicely-profitable' narrative being presented to me? And where are the possible major conflict(s) of interest?' I hope this helps, and please look away from sugar-coated happy tales.

RandallJ

Member Since Sep 05, 2019  3 posts RandallJ Sep 06 at 19:22
oportunis posted:
RandallJ posted:
DynScaling, all that you have said would make sense, but you missed one small detail)). their 10 M offer (Vip pamm) has NOTHING common with Ester holding. the client select ANY broker. accordingly, a client does not transfer money to Ester holding or even rofx.

Yes they do. Check who is the beneficiary when you transfer funds to broker. It's always the broker's name listed as benefeciary... And with unregulated brokers the money can disappear while with regulated broker you have a compensation scheme and protection up to 100k... Depends from regulation, but sending 10 mil to unknown broker smells fishy... No company in their sane mind would do this unless they are on this scam.

Dear oportunis, you probably misunderstood something. If you don't like Ester, you can pick any other broker whom you trust. Open an account to your name and connect their robot as a trader.

JosephH

Member Since Sep 06, 2019  1 posts JosephH Sep 06 at 21:29
I'm starting to connect them to my broker in Europe, in SAXO bank, and I didn’t transfer my money either to RO FX or Ester Holding. This is my account, they are connected just as a trader.

DynScaling

Member Since Jul 18, 2011  9 posts DynScaling Sep 07 at 04:31
The XxxxxxxY rofx member accounts further illustrate what a scam attempt is here. Here is how they operate. Some myfxbook real members post some doubts about the rofx scam in this forum, so the scam company within hours works to fix the headwind by creating fake myfxbook members to pass on some good vibes to this forum, more precisely you can take a look how the they come fresh right out of the oven with user accounts that are still warm and toasty. Take a good look at the dates:

(a.) Create fake myfxbook member ***Mathew***B***,
>>> Member Since Aug 21, 2019 >>> 1 posts on Aug 21 at 18:04
His pitch: he trades for 20 years, states he will open an account worth 50-100kUSD for trading rofx

(b.) Create fake myfxbook member ***Robert***Stalcup***,
>>> Member Since Aug 26, 2019 >>> 1 posts on Aug 26 at 12:00
His pitch: he's on a VIP package (that would be 10 million USD deposit, only it's not true), saying all good things about rofx

(c.) Create fake myfxbook member ***Randall***J***,
>>> Member Since Sep 05, 2019 >>> 1 posts on Sep 05 at 14:14
His pitch: the funds of 10M USD to be held by www.esterholdings.com , a 'toy/fantasy' unregulaged broker, is not really held by them because you open the account with another broker. WRONG! read the fine print, or simply read what oportunis wrote.

(d.) Create fake myfxbook member ***Joseph***H***,
>>> Member Since 11 hours ago >>> 1 posts 5 hours ago!!
His pitch: he sent his money to SAXO bank, ( only to be held at Ester!!). And since SAXO is his broker, this would mean another 10mUSD.


So after 20mUSD fictitius deposits and some change, misinformation about where your funds would be held, and 5 fake user accounts (if you add that of jan09 too), I believe my contribution to community awareness here is concluded.




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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.