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Algo Robot

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Operating status: SCAM

Website: http://algo-robot.co/

Broker violations and abnormal records
  • 2023-05-16 The France regulator AMF added Algo Robot to warning list

    On May 17, 2023, the Financial Authority (Autorité des Marchés Financiers, AMF) added Algo Robot to warning list for it being an unauthorized company engaging in forex activities: https://www.amf-france.org/en/warnings/blacklists?page=0&conditions%5Bcategorie%5D=224

    On May 17, 2023, the Financial Authority (Autorité des Marchés Financiers, AMF) added Algo Robot to warning list for it being an unauthorized company engaging in forex activities: https://www.amf-france.org/en/warnings/blacklists?page=0&conditions%5Bcategorie%5D=224
  • 2023-05-17 BrokersView has reviewed that Algo Robot is an unregulated broker

    Algo Robot fails to provide regulatory information and licensing data, a significant scam indicator as legitimate brokers always prominently display such information to instill trust and transparency. This is a red flag. In addition, the Financial Authority (Autorité des Marchés Financiers, AMF) added Algo Robot to warning list for it being an unauthorized company engaging in forex activities.

    In essence, Algo Robot is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    Algo Robot fails to provide regulatory information and licensing data, a significant scam indicator as legitimate brokers always prominently display such information to instill trust and transparency. This is a red flag. In addition, the Financial Authority (Autorité des Marchés Financiers, AMF) added Algo Robot to warning list for it being an unauthorized company engaging in forex activities.In essence, Algo Robot is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.