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Are you looking for effortless trading? Imagine having someone do the hardwork while you just enjoy the profit. AI-based forex robots like Botbro offer just that.
But how can you ensure the safety of your funds? By selecting the most authentic and reliable broker robot. This Botbro review discusses its features, pros ans cons and whether the platform is legit or fake.
It will cover everything you need to know about the broker. And help you make an informed decision. Check out the quick overview of Botbro’s features:
| FOUNDED IN | 2021 |
| HEADQUARTERS | UK |
| REGULATORS | N/A |
| MINIMUM DEPOSIT | $100 |
| PLATFORMS OFFERED | MT5 |
| TRADING INSTRUMENTS | Currency |
| ACCOUNT CURRENCY | Not Specified |
| MAXIMUM LEVERAGE | Not Specified |
| CUSTOMER SUPPORT | 24/5 |
| DEPOSIT OPTIONS | Not Specified |
| COMMISSION | Zero |
| SPREADS | Not Specified |
| MOBILE TRADING | Yes |
| AFFILIATE PROGRAMME | No |
| CONTESTS AND BONUSES | Yes |
Botbro is an AI-based trading robot that allows automated and hassle-free trading. Founded in 2021 and headquartered in the UK, Botbro is an unregulated forex trading bot.
Trading bots without regulation is risky and unethical. So, if you are looking for trading bots, it is advisable to opt for a regulated robot.
The Botbro claims to be made with 6 programming languages ad 80+ premium indicators merged with algorithms.
Botbro offers three different account types: Standard, Classic and Premium, tailored to your requirements. You can start live trading with a minimum deposit of $100 on a standard account.
Botbro offers an MT5 trading platform with advanced features and fast order execution.
We have found that Botbro is an unlicensed and unregulated broker. It makes the broker vulnerable to fraud and scams and questions its legitimacy.
A striking sign of a broker’s reliability is its regulatory status. Why would you choose a Forex bot that can potentially put you at risk? It would help if you instead opted for a regulated trading bot like Capitalix.
Although Botbro is unreliable to trade with, it offers an array of account options! Botbro offers standard classic and premium accounts. The minimum deposit of each of these accounts is expensive, ranging from $100 to $2000+.
The perks you can access through these accounts are monthly profit, 24/5 support, live trading on MT5, instant deposit and withdrawal and multiple income sources.
Botbro allows you to sit back and let the machine do all the work. However, its dicey regulatory status can be a concern moving forward. Check out a quick account overview below:
| Standard | Classic | Premium | |
| Minimum deposit | $100 to $499 | $500 to $1999 | $2000+ |
| Customer Support | 24/5 | 24/5 | 24/5 |
| Platform | MT5 | MT5 | MT5 |
| Profit | Upto 15% per month | Upto 25% per month | Upto 50% per month |
To open a Botbro account, follow the steps below:
You can log in to your BotBro.biz account by entering your User ID and Password.
The minimum deposit required for Botbro trading is $100. You can start from $100 to $499 to gain access to Botbro’s standard account. Standard account lets you gain a monthly 15% bonus.
If you wish to invest more to earn maximum bonus points. Then, choose Botbro’s classic account, starting with a $500 minimum deposit or a premium account with more than $2000 minimum deposit.
The withdrawal information is not given on the website, which raises concerns for the customers and their funds.
Leverage is one of the core elements of trading, like bricks in a construction. Knowing specific leverage helps traders make informed decisions.
Unfortunately, unlike other broker platforms, Botbro does not offer a specific leverage. There is no information on Botbro’s leverage, but it offers smooth and quick execution speed.
Don’t be clueless about your leverage usage, explore alternatives like Equiity to gain specific leverage.
Read also: 1 USD to PKR in 1947
The Botbro platform has its own pros and cons. On one hand, they offer the MT5 platform, which has advanced and user-friendly features, fast order execution, and tools and indicators for market analysis.
But on the other hand, the broker’s regulatory status is dicey. It has a low website transparency, and high minimum deposit. The website claims to offer plenty of MT5 features. Still, its authenticity remains unclear.
Unfortunately, Botbro fails to provide any information about its spreads leaving users in the dark about what to expect.
Although Botbro claims to offer competitive pricing, the lack of transparency raises concerns about the legitimacy. If you are looking for competitive and specific spreads, you can opt for Investfw
N/A
Forex trading is like a vast jungle where you can often get lost. Customer support can show you the way out of the jungle and navigate the trading world effortlessly.
Botbro offers customer support through live chat, WhatsApp numbers, and email support. You can connect with the facilitators through
Facebook: Botbro’s FB account
Instagram: Botbro’s instagram account
YouTube: Botbro’s youtube channel
The trust score at Scam Advisor is 47/100. We agree with the Scam Advisor Score.
ForexVPS is a forex broker bot that is considered to be one of the best AI trading bots. Let’s see how it is compared to Botbro
Also check out our latest review of Metherworld and it’s mcoin.
| Botbro | ForexVPS | |
| Leverage | Not specified | Not Specific |
| Spread | Not specified | Not Specific |
| Fees and Commission | Minimum deposit:
Standard – $100 Classic – $500 Premium – $2000+ |
$25 per month |
| Regulation | N/A | N/A |
| Broker Type | AI Forex bot | CFD |
| Account Type | It offers three types of accounts: Standard, Classic and Premium account | Bronze, Silver, Gold, VIP Accounts |
| Trading Platform | MT5 | MT4 and MT5 |
| Trading Assets | Forex | Forex assets, |
| Customer Support | 24/5 customer support | 24/7 customer support |
| Review | The reviews and rating of this broker is a mixed bag. Customer reviews claim issues with legitimacy | ForexVPS is known to have great algorithm and ultra low latency. |
Choosing a broker is like picking a ship for your sailing journey. Despite Botbro’s appealing promises, its absence of regulation is a matter of concern.
For a secure and smooth trading journey its best that you opt for a regulated forex broker. ForexVPS is a more reliable broker with good latency and speed. So, I would advice you to avoid unregulated broker and choose wisely.
Yes, You can access Botbro bonuses in the form of monthly returns. The returns will be based on your trading account type.
Botbro uses the MT5 platform, providing various tools and indicators for market analysis. You can enjoy fast order execution and customer support.
Qfx Botbro or Botbro is an AI-based forex trading bot. You can gain a 5% to 15% monthly return by trading with qfx Botbro. Use the Botbro referral code ROBO688006.
The legitimacy of Botbro could be better. It operates without proper regulation, raising concerns about your investments’ safety.
Botbro’s regulatory status is unclear and it has bad customer reviews. So its best that you don’t use this broker as it’s not safe.
Botbro does not provide a demo account but it offers other trading accounts including standard, classic and premium account types.
Botbro does offer a mobile app, you can download the app, log in with your credentials and trade as per your convenience from your phone.
It allows automated trading, which makes your job easier. Moreover, Botbro offers a highly advanced MT5 platform and various market analysis tools to improve your trading
Yes, Botbro might be expensive as the minimum deposit starts from $100 and goes up to $2000. But if you wish to trade with Botbro, consider it the price of entry into the trading world.
Botbro can be considered a scam. That’s because it has no regulation and negative reviews. It’s best for you to opt for a regulated broker for trading.
Botbro operates as an AI-based trading bot. The best part about trading bots is automated trading. It enhances your trading performance and removes the stress of decision-making.
Our mission is to assist millions of traders in finding the best broker. We unbiasedly review every broker and rank them based on their market standing, regulation, and other factors. Reviews are updated regularly to ensure that every trader has the most up-to-date information before making a choice.
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