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RoFx (by rofxnet)

Vinst: +907.71%
Förlustsekvens: 0.35%
Pips: 3967090.4
Positioner: 251506
Vunna:
Förlorade:
Typ: Riktig
Hävstång: 1:100
Handel: Automatiskt
oportunis
Dec 02 2020 at 16:28
73 poster
OldRetiredGuy posted:
Did you take all of that right out of a manual @protectron ? Let me repeat: Do your own DD. Invest only what you can afford to lose. Don't take advice from those with zero skin in the game.

So ... I put a small (in relative terms) amount of my total portfolio into this. I withdraw profits regularly (quarterly to begin with & now monthly) with a plan to have my initial investment +100% profit withdrawn in 16 months. So far, right on schedule. The boogeyman (I mean unregulated broker) has performed right on time every time.

Naive you call me? I'm anything but that. Learn to trade on my own you recommend? Let's compare just one trading account for the past couple of years. Then we'll know who's making money and who's acting the part of the trader. You can get your friends @oportunis and @marco_mmbiz in on this also. You may need their numbers ...

Thanks for all the help!

Sure show us your account so we can see... You can check mine anytime on my profile... And it's not about you, but to average Joe here, that doesn't know how it works. This is not the first time I warn people. There were Thorex, gulden5, safeinvest, AnthonyWins... and many more I can't remember all and guess what? All were on some unregulated offshore broker...

ryan4097
Dec 02 2020 at 16:44
16 poster
SFinvest posted:
mangocheesecake posted:
what are people's thoughts on the recent flood of positive reviews on trustpilot recently? https://www.trustpilot.com/review/www.rofx.net


I noticed that, as well. It was relatively dormant for weeks, then all of a sudden, many. It could just be that ROFX is picking up steam. Or it could be marketing. But so many positives in such a short period of time does seem a bit suspicious.




I can tell you my experience: I talk to people just about every day about ROFX. I have nothing but good things to say, been with them for 3 yrs now and have always received my withdrawals. I finished a VIP package and received ALL of my money. So far, everything has been great.

protectron
Dec 02 2020 at 19:27
13 poster
ryan4097 posted:
SFinvest posted:
mangocheesecake posted:
what are people's thoughts on the recent flood of positive reviews on trustpilot recently? https://www.trustpilot.com/review/www.rofx.net


I noticed that, as well. It was relatively dormant for weeks, then all of a sudden, many. It could just be that ROFX is picking up steam. Or it could be marketing. But so many positives in such a short period of time does seem a bit suspicious.




I can tell you my experience: I talk to people just about every day about ROFX. I have nothing but good things to say, been with them for 3 yrs now and have always received my withdrawals. I finished a VIP package and received ALL of my money. So far, everything has been great.

Good then once it all goes down people will know with whom to talk...

OldRetiredGuy
Dec 02 2020 at 19:36
29 poster
So, let me get this straight: The people who have invested are making money. They’re withdrawing profits. No complaints. But those who are not in are warning of the perils.

Geez, I’m wondering who peeps should be listening to? Heck, some of the “red flag wavers” have been doing so for multiple years. At 100% gains per year those are some serious missed opportunity words being expended!

If it is to be it is up to me!
LVDave
Dec 03 2020 at 00:44
1 poster
I just created an account in myfxbook to post here and see if I can get some real discussion with actual RoFx users like me. I put some money in a no-lock account in May and then quite a bit into an advanced compound account. Back then it was for 270 days, so I still have about 150 days left for that account. I will tell you that I have a lot of money in there and my emotions have flip flopped quite a few times. I have stuck it out for the last 7 months and have 'made' a boat load of money. I have lately been taking out most of the profit monthly. I transferred a big chunk on Monday and it showed up in my account today. I have done that maybe 5 times. I have experimented with withdrawals in bitcoin too, but decided it was too much of a hassle.

Anyway, the ONLY reason I have joined this is to see if anyone has any real insight more than I do. Much of RoFx points to a Ponzi scheme, but the easy withdrawals are a major objection to the Ponzi scheme theory. That and the fact that they have performed exactly as expected for 7 months for me. My friend that got me into this has been in for about 9 months longer than I have.

I'm not totally sure what to think about the news (that seems fake to me) about going public next year. Quite honestly, I would like it to stay like it is for a long time. It is hard to beat the consistency of the returns. I'm not sure of the implications of going public and the reasons behind it. It seems like they should have plenty of money from what I assume are many thousands of customers.

The BIG question I have (and I doubt I will get answered here) is if anyone has any experience using a PAMM account with RoFx. If I could get that piece of the puzzle confirmed, I would be all in. I have contacted a handful of US based Forex brokers and haven't found one that does PAMM accounts. Does anyone know of a US brokerage that does PAMM accounts? When I talked to RoFx about it they said that there are many brokers that work with them. However, they wouldn't give me a name of one specifically. I will say in June they messed up a transfer and didn't pull 25k out of my account like they should have. They quickly figured it out and called me the next day. I took the opportunity to ask the lady about PAMM accounts and she said they service over 100 of them. That changed my mindset in relation to the size of the holdings of RoFx.

In any case, I am interested in discussions with real people that have skin in the game and have really thought deep about RoFx and whether it is or is not fake. If it is fake, why offer PAMM? Why muddy the waters with that? Does the increase in hype point to them needing more cash to cover withdrawals and keep the scheme going? I'm not sure. Maybe they are really just making a concerted effort to increase customers and deposits in an effort to justify a bigger initial valuation for the public offering? Any objective and constructive thoughts from anyone?

ryan4097
Dec 03 2020 at 01:13
16 poster
protectron posted:
ryan4097 posted:
SFinvest posted:
mangocheesecake posted:
what are people's thoughts on the recent flood of positive reviews on trustpilot recently? https://www.trustpilot.com/review/www.rofx.net


I noticed that, as well. It was relatively dormant for weeks, then all of a sudden, many. It could just be that ROFX is picking up steam. Or it could be marketing. But so many positives in such a short period of time does seem a bit suspicious.




I can tell you my experience: I talk to people just about every day about ROFX. I have nothing but good things to say, been with them for 3 yrs now and have always received my withdrawals. I finished a VIP package and received ALL of my money. So far, everything has been great.

Good then once it all goes down people will know with whom to talk...



Would you please clarify what you are insinuating?? Are we here to discuss our OWN experiences or not?? I, in no way, suggest or imply if people should invest in ROFX or not; it's not my money! I am stating my own experiences and I have not had ANY issue, as a VIP client. Know could this be a Ponzi?? Ya, it could be. Do you think people who invested with Madoff knew that what he had going was a Ponzi Scheme??? I highly doubt it! It fine to give advice and thoughts, but don't lecture me about something I am risking with MY money. If things go south, it's my mistake, no one else is to blame. The above comment that was made, seems to be blaming me for giving a positive response to ROFX. I would be willing to bet that, there are several people, who gave advice on an investment and it turned out to be bad advice! Brokers give out bad advice often. In the end, it's a person's own responsibility, their money they are risking, and it's their choice! I have yet to come across anyone that has had a bad experience and if someone here has, I obviously would like to hear it. Im all for advice, opinion, and personal experiences that people have, but, it's hard to give a solid opinion on something that someone hasn't tried, this is called an assumption. I think it's one's own responsibility to take ALL advice, opinions, and other perspectives to make a calculated decision. I can not lie and say, 'I have had a bad experience,' when in fact, I have nothing bad to report. The comment, 'Good then once it all goes down people will know with whom to talk..' What the hell does this mean??

4xcharlie
Dec 03 2020 at 02:46
1 poster
I have been with them for about 5 months and no issues. I have deposited .5btc and removed it several times. they pick up the phone when you call them etc. I too am not sure if they are ponzi bc their equity is always going higher, why not withdraw?

OldRetiredGuy
Dec 03 2020 at 03:25
29 poster
You’re in good company here @LVDave ... I did the same as you when I started. Seems there are plenty of VIP types but I’ve not yet heard from anybody with PAMM.

If it is to be it is up to me!
protectron
Dec 03 2020 at 08:38
13 poster
ryan4097 posted:
protectron posted:
ryan4097 posted:
SFinvest posted:
mangocheesecake posted:
what are people's thoughts on the recent flood of positive reviews on trustpilot recently? https://www.trustpilot.com/review/www.rofx.net


I noticed that, as well. It was relatively dormant for weeks, then all of a sudden, many. It could just be that ROFX is picking up steam. Or it could be marketing. But so many positives in such a short period of time does seem a bit suspicious.




I can tell you my experience: I talk to people just about every day about ROFX. I have nothing but good things to say, been with them for 3 yrs now and have always received my withdrawals. I finished a VIP package and received ALL of my money. So far, everything has been great.

Good then once it all goes down people will know with whom to talk...



Would you please clarify what you are insinuating?? Are we here to discuss our OWN experiences or not?? I, in no way, suggest or imply if people should invest in ROFX or not; it's not my money! I am stating my own experiences and I have not had ANY issue, as a VIP client. Know could this be a Ponzi?? Ya, it could be. Do you think people who invested with Madoff knew that what he had going was a Ponzi Scheme??? I highly doubt it! It fine to give advice and thoughts, but don't lecture me about something I am risking with MY money. If things go south, it's my mistake, no one else is to blame. The above comment that was made, seems to be blaming me for giving a positive response to ROFX. I would be willing to bet that, there are several people, who gave advice on an investment and it turned out to be bad advice! Brokers give out bad advice often. In the end, it's a person's own responsibility, their money they are risking, and it's their choice! I have yet to come across anyone that has had a bad experience and if someone here has, I obviously would like to hear it. Im all for advice, opinion, and personal experiences that people have, but, it's hard to give a solid opinion on something that someone hasn't tried, this is called an assumption. I think it's one's own responsibility to take ALL advice, opinions, and other perspectives to make a calculated decision. I can not lie and say, 'I have had a bad experience,' when in fact, I have nothing bad to report. The comment, 'Good then once it all goes down people will know with whom to talk..' What the hell does this mean??

It means that you are posting here without any proof this is a scam or not. You are convincing people you put money in and took it out so it must be a good investment. The Ponzi scheme can work for years, it collapses only when most people star taking out more then it's going in or when they decide they have enough of money to disappear.

As your reference to Madoff ask the 90% people that were hurt. They lost all savings and so on... He damaged millions of people, pensions funds depleted. You are in something smaller now, but this doesn't mean people won't be hurt especially those that are starting now. Back then nobody warned them, because it was so well planed, but should some people like me warned I bet some would be hesitant to invest and thus would be 'saved'. That is the purpose here. If you have money to risk, yes risk it if you don't stay out and learn to trade!!! But don't think by showing oh I'm getting my money out means something. This is how schemes work, they pay out everything until they don't...

Basics of scheme are:
1. Locked money for specific time, so you can't take capital the next day. In real forex MAM/PAM you can take money out after few hours if you want to, there is no lock in period.
2. No regulation to audit the claims
3. is optional but no physical office to visit the company and the team behind it
4. Now with BTC this is not how a financial company works, since BTC is not regulated and it doesn't obey KYC rules and AML rules. With BTC an illegal organisation can deposit stolen funds on the account and launder the money. Every regulated broker has the same rules the money in goes the same way out

This can drag for years although I suspect they will close the shop before IPO

Here is a nice article of latest scheme - https://www.forexalgotrading.com/post/anthony-wins-pamm-crashes-mistake-or-fraud?postId=5fbb72fbc4028300173ab5a3

protectron
Dec 03 2020 at 08:43
13 poster
LVDave posted:
I just created an account in myfxbook to post here and see if I can get some real discussion with actual RoFx users like me. I put some money in a no-lock account in May and then quite a bit into an advanced compound account. Back then it was for 270 days, so I still have about 150 days left for that account. I will tell you that I have a lot of money in there and my emotions have flip flopped quite a few times. I have stuck it out for the last 7 months and have 'made' a boat load of money. I have lately been taking out most of the profit monthly. I transferred a big chunk on Monday and it showed up in my account today. I have done that maybe 5 times. I have experimented with withdrawals in bitcoin too, but decided it was too much of a hassle.

Anyway, the ONLY reason I have joined this is to see if anyone has any real insight more than I do. Much of RoFx points to a Ponzi scheme, but the easy withdrawals are a major objection to the Ponzi scheme theory. That and the fact that they have performed exactly as expected for 7 months for me. My friend that got me into this has been in for about 9 months longer than I have.

I'm not totally sure what to think about the news (that seems fake to me) about going public next year. Quite honestly, I would like it to stay like it is for a long time. It is hard to beat the consistency of the returns. I'm not sure of the implications of going public and the reasons behind it. It seems like they should have plenty of money from what I assume are many thousands of customers.

The BIG question I have (and I doubt I will get answered here) is if anyone has any experience using a PAMM account with RoFx. If I could get that piece of the puzzle confirmed, I would be all in. I have contacted a handful of US based Forex brokers and haven't found one that does PAMM accounts. Does anyone know of a US brokerage that does PAMM accounts? When I talked to RoFx about it they said that there are many brokers that work with them. However, they wouldn't give me a name of one specifically. I will say in June they messed up a transfer and didn't pull 25k out of my account like they should have. They quickly figured it out and called me the next day. I took the opportunity to ask the lady about PAMM accounts and she said they service over 100 of them. That changed my mindset in relation to the size of the holdings of RoFx.

In any case, I am interested in discussions with real people that have skin in the game and have really thought deep about RoFx and whether it is or is not fake. If it is fake, why offer PAMM? Why muddy the waters with that? Does the increase in hype point to them needing more cash to cover withdrawals and keep the scheme going? I'm not sure. Maybe they are really just making a concerted effort to increase customers and deposits in an effort to justify a bigger initial valuation for the public offering? Any objective and constructive thoughts from anyone?

If you have a lot to lose, withdraw money regularly until you are safe. The IPO is false, Warren Buffett never exposes in advance where they invest. It would mean insider trading since people could take his word for advice and start investing before him. He only does this after the fact in the company shareholder meeting. You can also write to Berkshire Hathaway although it may take a few days for them to reply. This alone is a red flag that something is cooking and I think they want to lure most of money in and then something will happen. Let's see but as I wrote several time be extremely cautions as this is most probably a scheme. I could be wrong but after so many times all ended the same.

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