Do You Want to Know If Forex EA Zone Is Legitimate or a Scam Broker?
Robots used to be the stuff of retro science fiction flicks. Now, AI is being used everywhere–the supermarket, the gym and is all the rage with trading. Automated trading is extremely popular, however, in many cases, enthusiasm outstrips caution and we end up with cases like Forex EA Zone.
The Financial Conduct Authority or FCA has warned the public about Forex EA Zone. This automated trading robot is supposed to make it impossible that you will lose money on a trade. When it senses your trade isn’t working with the market, the robot will switch and take the other side of the trade. Forex EA Zone is what is often referred to as a “hedging robot” and will automatically flip a trade if it isn’t working out.
So what could go wrong? Plenty, according to the FCA. Forex EA Zone is taking clients’ money without a brokerage license. Even if it is a robot, and not a person, doing the trading, all financial services need a license.
There Are Some Problems withForex EA Zone
We see many problems with Forex EA Zone. Its content is very unprofessional and poorly written. There are no names of people who are behind this service and no way to contact them except through an email address. Even clients who emailed them didn’t receive a response on many occasions, especially not after they received their money. Fees to get started as high, often as high as $500. Customers report lack of communication, lack of service and validate claims it may be a scam.
Red Flags that Forex EA Zone Could Be a Scam Broker
- High minimum fees
- Flagged by the FCA
- No license
- No transparency
- False claims
- Bad reviews
If You Need Fund Recovery from Forex EA Zone, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with Forex EA Zone, close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.
