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RoFx (by rofxnet)

Vinst: +916.56%
Förlustsekvens: 0.35%
Pips: 3982706.4
Positioner: 252473
Vunna:
Förlorade:
Typ: Riktig
Hävstång: 1:100
Handel: Automatiskt
JRANGHAN
Jan 06 2019 at 09:11
5 poster
Any one trading RoFx.net? Please share your experience.

Inverisso SpA (Inverisso)
Jan 09 2019 at 08:37
2 poster
Yes, I have been using it for more than a month and it has seemed clear to me and you can see all the historical transactions that generate the benefit, which gives confidence that they are capable of generating the benefit they publish.

Jedi Master (extremescalping)
Jan 10 2019 at 08:25
3 poster
Inverisso, it's so obvious that you're part of the rofxnet team.

JRANGHAN
Jan 13 2019 at 07:32
5 poster
I agree with you Jedi, Inverisso from part of the team.

royjonesj
Mar 25 2019 at 07:15
10 poster
so does anyone know if rofx is good or bad and can you withdraw money?

lavee383
Apr 17 2019 at 06:56
18 poster
I'm responding here because of my personal experience and seeing how nobody else has ever posted w/out getting 'must be a part of the team' response, I hope my report will be better received.

I opened an account with RoFX on May 18, 2018 with $1000 just to test them out as I too had my doubts. I had no issues with their system at all. The only thing that was cumbersome was having to go to my bank and wire transfer the cash to an EU country with all the inquisitive looks from the bank manager. After uploading my confirmation document into RoFX, I had instant access to that cash plus the $50 wire transfer fee was credited in my account (total $1050 - starting on May 21st).

I went a step further and reinvested each day's profits (very small due to the large performance fee) and by July 3rd it was up to $1100. It tracked with my projected growth spreadsheet very well. I then had to let it sit for another 30 days due to the fact every time you reinvest daily profits, it starts the clock over (now at $1151.68).

Only issue I had was understanding the timing from initial request for withdrawal and when it was executed/received. They do them in batches at specific intervals. However, I did in fact receive the entirety of my account as requested 10 days later (less the wire transfer fee $18.68, total $1133).

Their support team is very good and very responsive. Every question I've ever had was responded to in short order. Also, when I brought it to their attention (I was one of many) about how negative trading days were not being counted against the number of days in a contract. A couple of days later I received notification stating: 'We hereby inform you that due to the multiple requests of our Clients, from now on Negative Trading days will be included in the trading period for all packages'.

The only issue with RoFX, is that they are not registered with the NFA/CFTC. Per the advice of my accountant, I'd called these agencies and both state that if RoFX deals with Forex, then they must be registered to accept US citizen's money. RoFX's response to this critique was to say: 'RoFx is not a broker, RoFx is an international company, owners of AI and Neural Network Technology that cooperates with the best brokerage platforms'. I contacted the CFTC back after receiving RoFX's statement, and they specifically stated that it is Illegal for them to accept funds from US citizens if they are not registered.

So unfortunately, until RoFX is registered with the NFA/CFTC, I will not be able to invest with RoFX. Once they are registered, I plan on investing a larger amount. Hope this helps some people, and I hope RoFX sees this and hurries up and gets registered, so I can again invest with them.

jackson28bn
May 05 2019 at 08:37
3 poster
@lavee383 Thanks for your message. Do you know if RoFX has registered with the NFA/CFTC yet? Thank you.

royjonesj
May 06 2019 at 06:19
10 poster
No they are not registered anywhere. And most registrations arent worth the paper they are on. Unless the ceo is living in uk usa or aud. Where prosecution is assured. Plenty companies are registered but are companies that exist outside the country of registration. Even mastercard and visa refuse to shutdown trading with numerous dogy companies despite numerous chargebacks and allegations being issued.

Russtotal
May 06 2019 at 06:19
17 poster
lavee383 posted:
I'm responding here because of my personal experience and seeing how nobody else has ever posted w/out getting 'must be a part of the team' response, I hope my report will be better received.

I opened an account with RoFX on May 18, 2018 with $1000 just to test them out as I too had my doubts. I had no issues with their system at all. The only thing that was cumbersome was having to go to my bank and wire transfer the cash to an EU country with all the inquisitive looks from the bank manager. After uploading my confirmation document into RoFX, I had instant access to that cash plus the $50 wire transfer fee was credited in my account (total $1050 - starting on May 21st).

I went a step further and reinvested each day's profits (very small due to the large performance fee) and by July 3rd it was up to $1100. It tracked with my projected growth spreadsheet very well. I then had to let it sit for another 30 days due to the fact every time you reinvest daily profits, it starts the clock over (now at $1151.68).

Only issue I had was understanding the timing from initial request for withdrawal and when it was executed/received. They do them in batches at specific intervals. However, I did in fact receive the entirety of my account as requested 10 days later (less the wire transfer fee $18.68, total $1133).

Their support team is very good and very responsive. Every question I've ever had was responded to in short order. Also, when I brought it to their attention (I was one of many) about how negative trading days were not being counted against the number of days in a contract. A couple of days later I received notification stating: 'We hereby inform you that due to the multiple requests of our Clients, from now on Negative Trading days will be included in the trading period for all packages'.

The only issue with RoFX, is that they are not registered with the NFA/CFTC. Per the advice of my accountant, I'd called these agencies and both state that if RoFX deals with Forex, then they must be registered to accept US citizen's money. RoFX's response to this critique was to say: 'RoFx is not a broker, RoFx is an international company, owners of AI and Neural Network Technology that cooperates with the best brokerage platforms'. I contacted the CFTC back after receiving RoFX's statement, and they specifically stated that it is Illegal for them to accept funds from US citizens if they are not registered.

So unfortunately, until RoFX is registered with the NFA/CFTC, I will not be able to invest with RoFX. Once they are registered, I plan on investing a larger amount. Hope this helps some people, and I hope RoFX sees this and hurries up and gets registered, so I can again invest with them.


I think you are mistaken. It is illegal for a USA based trader to open an account with a foreign broker. If RoFX is not a broker in the USA, the CFTC has no jurisdiction over foreign firms that manage your money.

jackson28bn
May 06 2019 at 13:48
3 poster
@Russtotal I spoke with them and they said they don't consider themselves to be a money manager. They said they consider themselves to be a service because they are selling the robot and the robots automatically makes the trades with the brokers.

What is your evidence that it is illegal for a USA based investor to open an account with a foreign broker? Rule 15a-6 permits US investors to do business with foreign brokers as long as the transactions are unsolicited.

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