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Is ROFX a Scam Broker?

ROFX claims it is the “best automated robot in the world.” This kind of language is often suspicious along with the wording of the website, which is often awkward. However, after some research, our experts have discovered positive reviews of ROFX services in Readers Digest and Tech Times. So should these positive reviews be trusted? 

Is ROFX a Scam or Legit Broker?

We would ordinarily not recommend any unregistered broker. However, this is software and not a broker and the information on the website makes this clear. Customer reviews and the Tech Times Review seemed positive about this service. Our experts have decided that we can neither recommend ROFX nor allege it is a scam. It is software and is not a broker or regular platform. The safest way to trade is through a regulated broker. 

Our experts have examined ROFX and have not concluded whether it is a scam or legit. These are some points we can make about ROFX. 

  • Is software so does not need a brokerage license
  • Claims to prevent excessive losses
  • Good reviews by Readers Digest and Tech Times
  • Good customer reviews. 


Our experts can’t recommend or discourage consumers from using ROFX since it is software and is not subject to the same regulatory requirements as brokers. We suggest that you choose a licensed broker. Research our other broker reviews and sign up with a regulated broker. If you have lost money with ROFX or another broker, our professionals are here to help you. 

Reason to suspect a scam broker is in action:
  • The broker froze your account
  • The broker blocked your account
  • You cannot login back into your account
  • Money has been taken out from the account
  • The broker doesn’t take your calls
  • The broker shut down his website
  • You noticed the broker took money out from your bank account with out your permission
  • The broker is offering you a bonus
  • The broker is offering you to fund more money into the account after you lost a large sum

Don’t give up. You can fight back and get your money refunded. Start by filling the form above and we will get in touch with you and provide you with information on how to start the process.

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