Forex Cyborg is a new forex investment software on the market. It claims to be a professional auto trading tool designed for professional traders.

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Over the past couple of years, investments in forex has become extremely popular. Software solutions aim to offer an easy and user-friendly way to help day-traders start earning profits online. But, the sad reality about auto trading forex solutions is that there are not many that are legitimate. Those that appear to be legitimate sometimes turn out to be pure scams. Another thing is that these solutions can be really pricey where traders are charged much more than they can earn out of it.

Recently, we got the opportunity to review Forex Cyborg and find out whether it is a genuine software or not. To know if it is a good option or just a scam, read this complete review.

Since we haven’t gathered enough information yet, we cannot confirm that Forex Cyborg is safe. You can Continue to Trusted Robot Site OR Choose one of approved and safe trading applications:

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What is Forex Cyborg?

Forex Cyborg is a digital investment product that is 100% automated. The information that is provided on the product’s official website states that the software offers deep learning capabilities. The software operates on MetaTrader 4 Platform and takes care of the investment process from the start to the end which includes placing the trade, managing the trade and closing the trade.

One of the biggest disadvantages of using Forex Cyborg is that it only gives traders the ability to trade currency pairs. Another disadvantage that we found is that the winning rate of Forex Cyborg is relatively lower than most of the other investment platforms on the market. The software has also not been verified and there is lack of evidence that it really works to maximize online profits. When compared with some reliable forex trading solutions, Forex Cyborg lacks in a lot of areas. It doesn’t have special features and it simply cannot achieve what most other systems can.

Interesting Fact:

An interesting thing that helped us debunk Forex Cyborg is that on their website, their live trading results date back to 2007. But when performing a quick domain search, we found out that the website itself was created in February 2017. Moreover, the trading results are neither transparent, nor verified by any independent third party.

How Does Forex Cyborg Work?

The Forex Cyborg software comes with 4 levels of membership. The software is not free and the Basic membership starts at €299.99. At this price, traders only get access to 7 currency pairs. The Standard membership comes at a cost of €399.99. Again, traders only get 7 currency pairs to invest in and 3 licenses.

The Gold membership costs €499.99 and it allows traders to invest in 14 currency pairs. Lastly, they offer Premium membership for the price of $599.99. here, traders can get access to 14 currency pairs and obtain 3 licenses.

Aside from these expenses, traders have to add funds to their accounts to be able to invest in the currency pairs. This is a really bad deal because the cost of getting started is way too high. Being a software that has a below average performance, it is definitely not a good idea to get started with Forex Cyborg. The software will not earn profits on behalf of its users. Instead it will open and close losing traders to steal traders’ money.

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Is Forex Cyborg Scam Or Legit?

Based on our findings, we can confirm that Forex Cyborg is a fake currency trading system. the developers of the software are making use of misleading and deceptive scam tactics to lure traders and make them sign up for this software. At this point, we have no choice but to blacklist this software because there are many complaints floating on the internet about how traders have been scammed and lost their investment by using it.

Forex Cyborg is mainly promoted by affiliate marketers. This is one of the reasons why this product is receiving a lot of exposure. But this cannot change the fact that investing with Forex Cyborg poses a real risk to traders’ investment.

The people behind this scam are making use of blatant baiting tactics as well as fabricated testimonials to make their product appear genuine. But, we would like to make it clear that their promises are false and we have enough proof of their cheating.

There are claims that the software has an average success rate of 77%. It is quite unbelievable because this kind of winning percentage is hard to achieve by an automated forex trading robot. The average success rate that real users of this software have reported is below 40%. This is extremely low because in order to make a profit in forex trading, the software must at least have a win rate of 56%.

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We came across some YouTube videos which we believe are doctored. The reviews by online marketers are also misleading.

Verdict

When reviewing Forex Cyborg, we found fake testimonials, doctored reviews and lack of transparent forex trading results which indicate that this is a scam software. The software may look legitimate and the promises may sound convincing, but the reality is that it has been deceiving unsuspecting traders from a long time now.

To save themselves the frustration and hassle, traders should simply stay away from Forex Cyborg. A more reliable and proven system will be a much better alternative than this scam system which can deprive traders of their hard-earned money rather than helping them generate a stable online income.

Conclusion

high_risk_stamp_top10_BRAfter making a detailed investigation our team came to the conclusion that there are better binary robots to trade with than Forex Cyborg. We cannot confirm whether Forex Cyborg is a scam robot or not, but upon investigating we found a lot of traders’ comments and complaints about the performance of this binary options robot and we don’t have confirmation that it can achieve the profits advertised via email.

We recommend you to Continue to Trusted Binary Robot and avoid scams by choosing a High-Rated and Trusted Robot on Top10BinaryRobots.com

 

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