Upon Verification: RoboFund Is Operated Through The Website Https://robofund.net/.
On 29 November 2024, The Federal Financial Supervisory Authority (BaFin) Warned Consumers About The Website Robofund.net, Stating That The Operator Was Providing Financial And Investment Services On This Website Without The Necessary Authorisation.
Reviewed RoboFund Is An Unregulated Broker
According To Its Website, It Is Based In St. Lucia. It Is Well Known That St. Lucia Does Not Have The Authority To Regulate Foreign Exchange. Secondly, The Phone Number It Provides Is In The UK Area Code + 44, But We Did Not Find Any Matching Information From The Financial Conduct Authority (FCA).
Furthermore, The Federal Financial Supervisory Authority (BaFin) Has Robofund.net Warned Consumers About The Website, Saying That The Operator Provides Financial And Investment Services On This Website Without The Necessary Authorization.
Essentially, RoboFund Is Not Regulated By Any Governing Body. Entrusting Its Funds To Investors Is High-risk, As There Are No Legal Safeguards To Protect The Funds.
RoboFund Appears To Be A Scam.
And Most Non-compliant Brokers Do Not Disclose Providing Their Direct Real Contact Information, Such As Phone Numbers Or Company Addresses.
NOTE: RoboFund As An Unregulated Broker Means That Clients Investments May Not Be Adequately Protected. Lack Of Regulation Increases The Risk Of Potential Financial Losses Due To The Lack Of A Regulator To Hold Companies Accountable.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And When Choosing A Broker, Remind Everyone To Stay Away From These Unregulated As Much As Possible.
