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A warning against The Trader and Forex RoboTrader
The German institution responsible for the supervision of the local financial market, BaFin, has issued a warning to The Trader. The announcement also concerns Christian Vogel, who is the face of this brand and at the same time one of the main people promoting the product of this company under the site robotrader-app.co.
Machine warning (?)
The aforementioned product is called RoboTrader and is an automatic strategy (so-called Expert Advisor - EA) to trade in the financial markets. According to the information presented on the Vogel website, investing with this tool is proven, verified, and at the same time opens the door to earning thousands of dollars a month. The machine itself is described as "intelligent" and "safe".
BaFin in the published information warning the subject The Trader cites the fact that both she and Christian Vogel do not have the license required to provide financial services in Germany, and such a need indicates the context of the offer of the automatic strategy.
Who knows, maybe in Poland we will see times of all kinds "Magic slot machines", "Proven strategies" i "Certain signals" they will be branded by the local regulator (on Allegro itself, 33 offers this type of price in the price range from 1 to 3799), and maybe training companies with extremely dubious reputation and service level will eventually face a similar fate?
