TLDR
Site sells '100% automated forex EA' or 'crypto algo' subscription claiming 200 800% annual. EA either does nothing, gambles, or grids into oblivion. Often resold from cracked MQL4/5 marketplace. Indicators: (1) backtest results only on a...
How it works
Site sells '100% automated forex EA' or 'crypto algo' subscription claiming 200 800% annual. EA either does nothing, gambles, or grids into oblivion. Often resold from cracked MQL4/5 marketplace. Indicators: (1) backtest results only on a...
Red flags
- Urgent pressure to click, pay, or share codes immediately.
- A link or sender that does not match the official organization.
- Requests for card data, passwords, OTPs, wallet signatures, or bank transfers.
What to do
- 1Indicators: (1) backtest results only on a single non stress period; (2) no Myfxbook/FXBlue verified live track record; (3) developer is pseudonym; (4) Telegram support group reviews <30 days old; (5) bot martingale doubles position size on loss.
- 2WHAT TO DO: require verified track record on Myfxbook 2y; never use bots with martingale/grid.
Source
FAQ
Is Forex auto trading robot subscription fraud a real scam pattern?
Yes. Treat the message, call, or payment request as suspicious until you verify it through an official channel.
What are the first warning signs?
Urgent pressure to click, pay, or share codes immediately.; A link or sender that does not match the official organization.; Requests for card data, passwords, OTPs, wallet signatures, or bank transfers.
What should I do first?
Indicators: (1) backtest results only on a single non stress period; (2) no Myfxbook/FXBlue verified live track record; (3) developer is pseudonym; (4) Telegram support group reviews <30 days old; (5) bot martingale doubles position size on loss.; WHAT TO DO: require verified track record on Myfxbook 2y; never use bots with martingale/grid.
Can LegalAudit check my case?
Yes. Start a free chat and paste the message, link, sender, or payment details for triage.