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/10

BotBro

United Kingdom|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://botbro.biz/

Website

Rating Index

Contact

support@qfxmarkets.com
https://botbro.biz/
https://www.facebook.com/botbro2
https://twitter.com/BotBro42712343

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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1G

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Broker Information

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Company Name

BotBro

Company Abbreviation

BotBro

Platform registered country and region

United Kingdom

Company website
Twitter
Facebook
Instagram
YouTube
WhatsApp
  • +44 7537303860

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-04-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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BotBro · Company Summary

Aspect Information
Registered Country/Area United Kingdom
Founded Year 1-2 years
Company Name BotBro
Regulation No valid regulation
Minimum Deposit $100-$499 (Standard Account) $500-$1999 (Classic Account) From $2000 (Premium Account)
Maximum Leverage Not specified
Spreads Not specified
Trading Platforms MetaTrader 5 (MT5)
Tradable Assets Not specified
Account Types Standard Account Classic Account Premium Account
Demo Account Not specified
Customer Support Telephone: +44 7360500762 Email: support@botbro.biz Social media: Twitter, Facebook, Instagram, YouTube WhatsApp: +44 7537303860
Payment Methods Not specified

General Information

BotBro is an AI-based forex trading robot that operates without valid regulation or evidence of authorization from regulatory bodies. Engaging with unregulated entities in the financial industry carries inherent risks, including the potential for fraud and unethical practices. It is essential to prioritize regulated options that comply with industry standards and provide investor protection.

BotBro offers three account types: Standard, Classic, and Premium, each tailored to different trading needs. The Standard Account requires a minimum deposit of $100-$499 and offers up to 15% monthly profit. The Classic Account, with a deposit range of $500-$1999, provides potential profits of up to 25% per month. The Premium Account, requiring a minimum deposit of $2000 or more, claims up to 50% monthly profit. However, it's important to note that the absence of regulation raises concerns about the accuracy of these profit claims and the overall reliability of the platform.

BotBro operates on the MetaTrader 5 (MT5) trading platform, known for its advanced features and user-friendly interface. MT5 allows traders to analyze markets, execute trades efficiently, and access a variety of trading instruments. The platform also supports automated trading strategies, enabling traders to utilize robots to execute trades based on predefined algorithms.

It is important to approach BotBro with caution due to the lack of regulation and the associated risks. Conduct thorough research and consider regulated alternatives to ensure the security of your investments and protect against potential fraudulent activities.

basic-info

Pros and Cons

BotBro is a trading bot platform that offers several enticing features along with some potential drawbacks. On the positive side, BotBro provides users with multiple account options, allowing them to customize their trading experience. The platform also offers live trading on the popular MT5 platform, providing access to a wide range of trading instruments. Additionally, BotBro boasts customer support through various channels, ensuring users can seek assistance conveniently. However, there are some notable downsides to consider. First and foremost, BotBro operates in an industry lacking valid regulation, which may raise concerns about the safety of investors' funds. Furthermore, the platform's lack of transparency and regulatory oversight is a potential drawback, as users may not have sufficient assurance regarding the company's practices. Additionally, limited information on the website and an unclear scope of business operations may leave potential users with unanswered questions.

Pros Cons
Multiple account options No valid regulation
Live trading on MT5 platform Potential risks for investors
Customer support via multiple channels Lack of transparency and regulatory oversight
Access to advanced trading features Limited information on the website
Unclear scope of business operations

Is BotBro Legit?

BotBro, the AI-based forex trading robot has been verified to have no valid regulation at the moment. This means that there is no evidence to suggest that BotBro is authorized or regulated by any regulatory authority.

It is important to be aware of the risks associated with engaging with unregulated entities in the financial industry. Regulated entities are typically subject to specific rules and regulations designed to protect investors and ensure fair practices. Without regulation, there may be a higher risk of fraud, mismanagement of funds, or other unethical practices.

regulation

Account Types

BotBro offers three trading account types to cater to different traders' needs: Standard Account, Classic Account, and Premium Account. Each account has its own deposit requirements, profit potential, and additional features.

STANDARD ACCOUNT:

The Standard Account is designed for traders looking to start with a minimum investment of $100 to $499. With this account, traders can potentially earn up to 15% profit per month. The Standard Account provides access to live trading on the MT5 platform, ensuring a seamless trading experience. Additionally, clients can benefit from 24/5 support, enabling them to address any concerns or inquiries they may have promptly. Instant deposit and withdrawal options allow for convenient management of funds, while the account also offers multiple income types to explore.

CLASSIC ACCOUNT:

For those ready to invest between $500 and $1999, the Classic Account offers an enhanced trading experience. Traders can potentially achieve up to 25% profit per month with this account type. Similar to the Standard Account, the Classic Account provides live trading on the MT5 platform. Clients also have access to 24/5 support to address any trading-related issues or questions. Instant deposit and withdrawal options are available.. Multiple income types provide additional opportunities for generating returns.

PREMIUM ACCOUNT:

The Premium Account is tailored for traders with a minimum investment of $2000 or more. This account type offers the highest profit potential, with up to 50% profit per month. In addition to live trading on the MT5 platform, clients can expect the same 24/5 support as the other account types, ensuring assistance when needed. Instant deposit and withdrawal options are available for t fund management. Like the other accounts, the Premium Account also provides multiple income types, allowing traders to explore various avenues for generating income.

account-types

How to open an account?

To open an account with BotBro, follow these steps:

1. Visit the BotBro website and locate the “Open Account” button.

2. Click on the “Open Account” button to proceed.

open-account

3. You will be directed to a registration page on the BotBro website.

4. Fill in the required information on the registration form:

open-account

5. Once you have filled in all the required information and agreed to the terms and conditions, click on the “Sign Up” or “Register” button to submit your registration.

6. If you have successfully completed the registration process, you will receive a confirmation or verification email from BotBro.

7. Follow the instructions in the email to verify your account, if necessary.

8. Once your account is verified, you can proceed to sign in using your registered email address and password.

Trading Platform

The trading platform offered by BotBro is the popular MetaTrader 5 (MT5) platform. MT5 is known for its innovative features and user-friendly interface, allowing traders to manage their financial portfolios. With fast trade execution, MT5 ensures that trades are executed quickly and without delay.

MT5 offers advanced trading features, providing traders with a wide range of tools and indicators to analyze the markets and make informed trading decisions. It allows traders to access multiple forex trading instruments, expanding their trading opportunities.

One notable feature of MT5 is its ability to support automated trading. Traders can utilize automated trading strategies executed by robots, which can run multiple programs simultaneously. By removing emotional influences, automated trading can provide a systematic approach to trading.

Additionally, MT5 provides reporting and analysis capabilities, particularly suited for high-frequency trading. Traders can generate detailed reports and perform in-depth analysis to gain insights into their trading activities.

trading-platform
Pros Cons
Popular and user-friendly MT5 platform Lack of transparency in platform development
Innovative features for portfolio management Limited customization options
Fast trade execution for quick and seamless trading Reliance on third-party platform (MT5)
Wide range of tools and indicators for market analysis Potential technical issues and downtime
Access to multiple forex trading instruments Limited educational resources specific to the platform
Support for automated trading strategies Dependence on internet connectivity for platform access
Reporting and analysis capabilities for high-frequency trading Possible learning curve for novice traders

Customer Support

BotBro provides customer support for clients who have inquiries or trading-related issues. Clients can contact BotBro through various channels:

Telephone: Clients can reach BotBro's customer support team by calling +44 7360500762.

Email: Clients can send their queries or concerns to support@botbro.biz.

Social Media: BotBro can be followed on social media platforms such as Facebook, Instagram, Twitter, and YouTube. The respective links are as follows:

Twitter: https://twitter.com/BotBro42712343

Facebook: https://www.facebook.com/botbro2

Instagram: https://www.instagram.com/botbro_/

YouTube: https://www.youtube.com/channel/UCMhePynuv8ee5p1GGx3hqDw

WhatsApp: Clients can also reach BotBro through WhatsApp at +44 7537303860.

Additionally, clients can fill out a form on the website with their name, email, phone number, and message to get in touch with the support team. There is also a live chat option available.

customer-support

Conclusion

In conclusion, BotBro is an AI-based forex trading robot that offers three trading accounts with varying deposit requirements and profit potentials. However, it is important to note that BotBro currently lacks valid regulation, which poses potential risks for investors. While the platform provides access to the popular MetaTrader 5 trading platform and offers customer support through various channels, the absence of regulation raises concerns about the transparency and accountability of the platform. It is crucial for individuals to thoroughly research and consider regulated alternatives to ensure the security of their investments and protect against potential fraudulent activities in the financial industry.

FAQs

Q: Is BotBro regulated?

A: BotBro is not currently regulated by any regulatory authority. There is no evidence to suggest that BotBro has obtained valid regulation.

Q: What are the account types offered by BotBro?

A: BotBro offers three account types: Standard Account, Classic Account, and Premium Account. Each account has different deposit requirements and profit potential.

Q: How can I open an account with BotBro?

A: To open an account with BotBro, visit their website and click on the “Open Account” button. Fill in the required information on the registration form and agree to the terms and conditions. Submit your registration and follow any verification steps if necessary.

Q: What trading platform does BotBro provide?

A: BotBro offers the MetaTrader 5 (MT5) trading platform. MT5 is known for its advanced features, user-friendly interface, and support for multiple financial instruments.

Q: How can I contact BotBro's customer support?

A: You can contact BotBro's customer support team through telephone, email, social media platforms (Twitter, Facebook, Instagram, YouTube), WhatsApp, or by filling out a form on their website. They also offer a live chat option.

News

Do you know about BotBro? AI based Forex Trading Robot

NewsDo you know about BotBro? AI based Forex Trading Robot

2023-05-16 13:57

BotBro is an AI based forex trading robot, which was not established long. BotBro offers three trading accounts to satisfy different traders trading needs. Standard, Classic and Premium.

WikiFX
2023-05-16 13:57
News
Do you know about BotBro? AI based Forex Trading Robot

User Reviews

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等29238
more than one year
BotBro, allegedly money-making platform, I would say it is actually a money-stealing platform. Agents from this platform kept luring me to making deposits here, so horrible.
2023-02-24 12:16
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成就所愿
more than one year
It takes really a long time for them to answer my questions, and their customer support team kept asking me to put down some money here to have a try. I would definitely not. They look so unprofessional.
2022-12-05 15:08
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0
0
klean
more than one year
The broker said that it provides trading on the MT5 platform, but I couldn't find the download link... I also saw that their website said to provide live chat, but the webpage cannot be accessed after clicking on it... It sucks.
2022-12-05 11:37
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0
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