Guys, please report their facebook page here to prevent more victims are been scam https://www.facebook.com/PennyRobot/
Please write an review to https://www.trustpilot.com/review/www.pennyrobot.com thank you
Guys, please report their facebook page here to prevent more victims are been scam https://www.facebook.com/PennyRobot/
One of the Penny Robot products obliterated user accounts again today. Quoting a user: "... chasing a reversal with big lots...". Last time this happened a company rep put the blame on market manipulation, this time it was the news, what's next? A few gluttons for punishment remain while those that have learned their lessons the hard way have left licking their wounds (after their accounts were margin called). This is not several months later, last one occurred in October this year. Just a few days earlier people that were complaining were told to just be patient. Their sense of danger was giving them a warning that they didn't heed and now their accounts are dead (RIP) or in the emergency room on life support (just on the edge of margin call... a few pips in the wrong direction and bye-bye remaining balance). Many were advised to have a minimum balance of $3000 when more was needed. Why more? Multiple orders of lot sizes of 1.5+ within hours of each other (7 in less than 24 hours) when there was no sign of a turnaround. You just have to look at today's activity in USDCHF (Dec. 03,'19) to see for yourself. Totally irresponsible advice and no intervention to help those trusting the EA to do the right thing and protect their accounts and valuable assets. This is an EA sold at nearly $1000 to people after showing good profits for a short period of time and "cherry picking" the profits to make it look enticing. They were also told the orders are 2 to 3 a day and can be as high as 3 lots but average much less. Trusting users were not expecting 7 orders within 24 hours of 1.5+ size lots on sub $3000 accounts. Even $5000 accounts were not safe from the massacre. Will it happen a 3rd time? More likely the answer is yes. I'm sure the minimum balance recommended will increase to $10,000 next time the product is promoted because that's what scammers do to fill their pockets with the money of others in a deceptive manner: Show them a highly profitable product (short-term), don't show them the dangers and underestimate the safety net, put few or no built-in safety measures into the product, and don't even provide a proper installation guide.