ANSWER RoboticsForex is not a licensed or regulated broker even though it states offers that look good to be true.RoboticsForex claims to be a licensed broker regulated by Cyprus Securities and Exchange Commission (CySEC), the Financial Services Commission of Belize (Belize FSC), and the Mauritius Financial Services Commission (Mauritius FSC). First, we searched Belize FSC and Maruritius FSC but found no matching results. Second, when we searched in CySEC, we only found a warning issued by the regulator against RoboticsForex for not belong to an entity that has been granted authorization for the provision of investment services. You can check the full warning from here.The truth is, RoboticsForex is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like RoboticsForex and trade with licensed brokers.
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