SetOnTrade promises very high and quick profits to traders. But does this Forex Robot really work or is it a Scam?

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Our Robot Testers made a research of SetOnTrade and found out that this Forex auto trading software does not rate highly. As an alternative we have selected our Top Safe Forex Auto Trading Systems along with detailed reviews for safe and secure trading.

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

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Set On Trade Overview

We have received many requests to examine a new software and this is why the present review will focus on SetOnTrade founded and designed by a group of experienced traders. Forex systems usually can be categorized into 3 distinct types: robots, signal-generators and profit-amplifying solutions.

All of them, if actually legit and properly operating, have the chance to achieve users success. However, our impressions are that this Forex robot is a likely scam and it is best to avoid it. All the reasons for this are explained thoroughly in the following review.

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What is The SetOnTrade?

This piece of Forex software is basically a signals-generating and providing system. From what we were able to find out about it, the robot also offers a manual and automated mode. SetOnTrade System applies a programming algorithm that carefully inspects and analyzes investment charts and market patters.

It does so with a supposed success rate of 80%, which our research into the automated trading system was not able to verify. There is something dubious and devious about this Forex signals-provider to say the least. And not only because it was created by a group of anonymous people whose professional and personal background also remain a complete mystery!

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Who are the Creators?

Unfortunately, no matter how hard we tried to verify the identity of the ones responsible for the founding and establishment of SetOnTrade Software, the task proved to be nearly impossible. All available data, or the apparent lack of such, suggest that they are either scammers or non-existent.

Does SetOnTrade Have any Special Features?

One more thing which is quite discouraging about this Forex automated software is that it has close to no provided special features. It does give traders a chance to invest choosing between 3 different styles: Classic – best intended for novices, Martingale – for people who prefer a more aggressive pace and Fibonacci – intended for professionals.

Customer Support Services

While it does provide some type of customer support, the service is highly untrustworthy as it can be reached solely via email. Concerns are usually addressed within 24 hours of receival and are only processed Monday through Friday from 9 am to 6 pm.

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Final Words

This Forex trading system is still new on the Internet market, but there are many dubious things about it. Take for example the fact that it invests solely with currency pairs, which makes it available to a limited number of professional traders. Also, its success rate is very low – just 80%. Compared to others, this is quite the disappointing performance.

Our advice would be for users to turn to a legit and proven to work Forex robot and not to SetOnTrade. While there is not enough proof that it is scam, the chances for this are very high.

Conclusion

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

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

 

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