RoFx is a forex robot with consistent profits with its algorithmic trading strategy. Myfxbook verifies its trading records. Unfortunately, RoFx has been unable to maximize investors’ returns; instead, it has transferred investor funds away from trading entities into non-trading corporate entities in Thailand and Poland that lack sufficient regulatory oversight.
Holland & Knight currently represents investment fraud victims and has created a website to keep prospective class members up-to-date on developments within this case.
It is easy to use
RoFx is an automated trading robot that consistently generates profits. Utilizing an algorithmic strategy and offering an intuitive user interface, this robot features round-the-clock customer support team members ready to answer any inquiries while providing transparent pricing structures with no hidden fees or surprises.
RoFx stands out from other forex robo-advisors by having an established trading history and being a legitimate company. A growing fintech with offices in the US, Hong Kong, and the UK, their annual conference for VIP customers can also be attended by regular customers if requested.
Many tested robots offer impressive short-term results but fail to maintain consistent returns over the longer term. Furthermore, these bots often make unprovable claims of 200% monthly gains through backtesting history, unlike RoFx, which provides sufficient credibility with verified Myfxbook records and daily/monthly payments, and 24/7 customer service support.
It is safe
Rofx is an EA designed to generate passive income. Among its unique qualities is extensive transparency, allowing easy verification of trading history and results, and a 24/7 support system for its traders.
The lawsuit filed by the plaintiffs alleges that the defendants engaged in fraud by collecting investments under pretenses, such as an official website, customer service department, invoices, account statements, and reports of Forex activity on third-party websites and promotions online. Furthermore, these defendants allegedly made false promises of daily profits in percentage terms.
This lawsuit seeks compensation and punitive damages for investors and reasonable attorneys’ fees, injunctive relief to restore assets stolen during this fraud, and applying Federal Rule 23 and filing an unfair enrichment and RICO statute violations complaint in court.
It is profitable
The bot is easy to use, requires no prior trading experience, and can make money with small investments. The robot learns independently through self-learning neural networks that scan charts and market information; furthermore, it displays the results of all trades as a history report.
ROFX allegedly offered investors a share of its daily trading profits in exchange for an initial investment, but the lawsuit alleges these promises to be false and fraudulent. Furthermore, investors were not permitted to withdraw their investments until after their lock period had expired.
As a result, ROFX caused significant losses to investors and other victims, prompting this class action lawsuit seeking more than $50 million in damages. Plaintiffs seek an immediate order freezing ROFX’s assets while forbidding defendants from disposing or encumbering these assets, along with the expedited discovery of relevant documents. A team of top lawyers represents the plaintiffs.
It is regulated
Forex (Foreign Exchange Market) is a global marketplace where currencies are exchanged; investors can profit from rising or falling currency prices through Forex investing. Unfortunately, many unlicensed Forex trading platforms exist; financial watchdogs in Canada and Italy have reported them as operating illegally – investors must opt for a regulated Forex platform when selecting one to ensure a successful experience.
This lawsuit alleges that ROFX and its operators bilked unsuspecting investors out of millions by falsely representing that their investments were safe. Furthermore, it accuses them of violating RICO statutes. Moreover, this action seeks compensation for victims as well as an order from the court freezing assets belonging to ROFX operators; imposition of spoliation orders on them; expedited discovery procedures on documents related to this fraud scheme, and expedited discovery processes for documents stored by these defendants who used front companies, layering companies, and cash out companies to hide fraud schemes by hiding behind Front Companies Layering Companies or Cash-Out Companies to cover up fraud schemes committed.