Market Robo Review Arbitrage trading or Crypto scam

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Market Robo Review: Arbitrage trading or Crypto scam?

Market Robo is a company offering investment opportunities for cryptocurrency trading making use of arbitrage trading. It primarily intends to indicate which cryptocurrency trades seem to be profitable. The site promises a 60% return every month, which is a highly unsustainable target and seems impossible to be achieved on a consistent basis. However, many people are unaware of the actual returns that you can get from crypto trading and so they may fall for such seemingly lucrative profit returns.

Market Robo seems to be a UK based company, with a physical address (as displayed on their website): Kemp House, 160 City Road, London, EC1V 2NX, United Kingdom. The company website is: www.marketrobo.net and they have provided a phone number: +44 2038563153 and two email addresses. [email protected] is for normal inquiries and [email protected] is for technical issues with your account.

This company is apparently registered to deal as a broker, but it is still unregulated. Furthermore, there seems to be no evidence that it is licensed to provide financial services.

Market Robo Review

Market Robo is basically a site that deals in crypto trading. However, unlike other sites, they do not have their own trading software. They trade between different exchanges and try to make a profit on this.

When you go onto the site, you’ll notice that you could allegedly make profits in 5 minutes. However, according to real customer reviews, this is simply clickbait and it takes much longer than this to see any profit in your account. Furthermore, the company claims to be endorsed by brands such as Forbes, however, these claims cannot be substantiated by external sources. Overall it is easy to open an account and trade on this site, but you should be wary of their exaggerated promises and endorsements.

Unlike normal crypto trading platforms, Market Robo claims to have a system where they use your investments to trade between various platforms and make a profit on the difference between these trades. It’s basically arbitrage trading where you buy the same currency on a certain platform and sell it for more on another platform. However, you should first understand a bit more about cryptocurrency trading before you can check if it is really worth investing in this site or it is simply a scam.

Strategy

Market Robo is basically a trading platform that works in the same way as a third party broker. They ask customers to pay them in bitcoin, which they use as leverage in the trades between various platforms. However, there is no need for leverage in arbitrage trading, so this strategy is highly suspicious. Although there is a chance of making profits between different markets, this profit margin is nowhere near 2% daily.

Crypto trading is similar to trading in stocks and you can’t guarantee a consistent daily profit. The site does not explain their trading strategy in detail, so there is no way of knowing whether the strategy is actually reliable or not.

Analysis

  • Location: Kemp House, 160 City Road, London, EC1V 2NX, United Kingdom
  • Minimum investment: 0.02 BTC
  • Strategy: Arbitrage trading
  • Trading results: Unconfirmed
  • Customer feedback: Mixed

Before you make any decision about this company, you may want to compare it with a few others that are operating along similar lines, such as: DAX Robot, Green Millions, Bitcoin Circuit and Hodium.

Trading Results

Market Robo has claimed that they can deliver profits ranging from 0.15% daily to 2% every day. This means that you double your investment in less than two months. In comparison with legitimate investments, it may take up to 10 years to double an investment if the return is good. While they do boast of impressive trading results, it cannot be confirmed by any third party, so there’s no way of guaranteeing any profits from this site.

Client Feedback

Market Robo has displayed a few testimonials on their website that are all positive and exclaim all that is good about this company. Unfortunately, the third party or external customer feedback of Market Robo has been quite controversial when it comes to meeting the promised profit margins or payout. Most customers have complained about making losses from this site. Some customers have complained about not being able to withdraw their money and others have raised suspicions as to whether the site is actually trading or not.

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Conclusion

While Market Robo has claimed to be registered and endorsed by big brands, this cannot be verified at all and seems to create more doubt. The fact that they make endorsement claims that could not be verified and are not regulated by any third party, should make anyone think twice before investing in this site.

Now we would want to hear from you. Share in the comments below your opinion about Market Robo and if you have had any experience with this company.

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When you want to trade Forex, Stocks, Futures, Cryptocurrencies, Bonds or CFDs, there’s always a broker or an exchange where you can open an account to facilitate your trading.

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The list of the best brokers to trade with

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Support: Very Good

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MT4 and MT5: Yes

Minimum Deposit: $50

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Assets: Forex, Stocks, Options, Crypto

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NASTY SCAM: Market Robo review

This MarketRobo review exposes a huge investment scam that you have to avoid.

MarketRobo promises to make you money in crypto trading. It allegedly will do arbitrages, which is taking advantage of price differences between crypto exchanges.

You supposedly can make up to 2% daily returns on your investment thanks to this software. Everything is done automatically, so you just have to switch the robot on. But do you really?

Table of Contents

Market Robo is a scam

Unfortunately, MarketRobo is a fraudulent program that is sure to lose money. The worst thing is that it is not even trading cryptocurrencies!

Doesn’t understand trading

Whoever put together the MarketRobo software does not really understand arbitrage trading. Because if they did, they would not show you supposed trading opportunities that would lose money.

Take a look at our picture, the robot suggested trades with OMG and XMR, while buying them at a higher price and selling them at a lower price, which is a sure loss.

So, it is doing the opposite of what it is supposed to trade. But these differences in prices would not be profitable even when traded the opposite direction, because transaction fees would make you lose money in the end.

Crazy investment plans

You don’t really need to understand cryptocurrencies or financial trading to see that MarketRobo is a scam. Because it promises 2% daily returns on investment, which is 60% monthly.

Everybody should know that 60% monthly is not possible in any legitimate business. You can be sure that when an anonymous and unlicensed program offers you this kind of returns that it is a scam.

Illegal and not endorsed

On the website of Market Robo you will find logos of media like Yahoo or Investing.com. Also, the software supposedly is trusted by the regulator CySEC from Cyprus.

But it is not true. MarketRobo has not positive reviews and it is not approved by regulators. In fact, it is an illegal investment service. Your money would be at great risk with such a dark system.

Also, the video testimonials that are on the YouTube channel of the program are fake, they are made with paid actors.

A truly illegal scheme

Market Robo is not doing any real cryptocurrency trading. It is just collecting money from people and running and illegal financial game.

We assume that it will use some of the deposits to payout withdrawals, but since no real profits are achieved, it will quickly run out of money and collapse. Don’t put your money into it.

MarketRobo review conclusion

Market Robo is a horrible scam, we proved that in our review. You have to stay away from it in order not to lose money.

For cryptocurrency trading always use regulated brokers and start with virtual money on a free demo account so that you can learn risk free.

Only when you have a proper strategy and an understanding of the risks associated with real trading, you can start investing your own money.

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