- November 5, 2018
- Posted by: Michael
- Category: Untrusted brokers/systems
So we just stumbled upon a new crypto robot that is called DAXRobot. This robot has a very familiar interface that is used by many crypto robot scams. That, of course, does not have to necessarily mean that is the case of DAXRobot as well. The first thing you to want to do when reviewing a bot like this one is to check how the system works and what it promises. While we were unable to find any information on how DAXRobot functions, we found that allegedly it can double or triple your investment in a single day. This is a first red flag which we have noticed as systems that promise such returns usually turnouts to be just scams.
Most people usually do not read any disclaimers on websites and that is a huge mistake. But we tend to do that all the time, especially with new systems that we don’t trust. DAXRobot states in its disclaimer that the company is not licensed nor authorized to provide investing advice. Don’t you find that interesting when that is exactly what the robot is meant to do? To provide investment advice when to buy or sell CFDs on cryptocurrencies and other assets.
Have you noticed what awards DAXRobot features on its website? If not, I will save you the trouble of looking. One award says “top quality” and the second one “100% confident”. These awards look more like a joke than anything. They look as fake as a fake can look like and of course, there is no mention who gave them these awards.
DAXRobot and DAXBase – Conclusion
There is not much to say about DAXRobot as the website does not mention much. There is basically only the homepage, nothing else. DAXRobot does not inform us how the robot functions nor anything about DAXBase broker. At best, we find the credibility of these two very concerning.