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ANSWER Algo Robot is an unregulated broker we advise against trading with, despite the seemingly attractive deals it offers.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) has added Algo Robot to its warning list for illegally providing investment services without appropriate authorization.Regarding your question, we strongly suggest you avoid dealing with Algo Robot. It is an unlicensed broker coming with huge risks such as loss of funds and identity theft. Once your money is in this platform, there are no legal protections in place to safeguard it. Therefore, investors are encouraged to stay away from unlicensed brokers like Algo Robot and to choose fully regulated ones instead.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.