ProBotX Review: Is This Automated Trading Platform Worth It?

Disclaimer: Don’t invest unless you’re prepared to lose all the money you invest. This is a high risk investment and you should not expect to be protected if something goes wrong.

ProBotX felt smooth, easy to use, and well-organized. The automated trading tool ProBotX can be used to trade in Forex, Indices, and Commodities. Process is made easier by using methods such as KRYSOS, MORPHEUS, and GEMS.

Key Features That I liked:

FeatureWhy It’s Useful
Multi-Asset TradingAllows diversification, which is like not putting all your eggs in one basket.
Customizable StrategiesYou can tweak it to suit your style, just like adjusting a recipe to your taste.
Portfolio DiversificationHelps spread risk, which feels reassuring for newbies like me.
Secure PlatformEncryption made me feel my data was secure
Flexible Pricing PlansThey offer everything from a free trial to lifetime access.

Notable Feature of ProbotX

  • Automated Forex Trading: ProbotX uses advanced strategies to keep an eye on the Forex market and make trades for the user. KRYSOS is one of these strategies, and it is designed to work with major currency pairs.
  • Indices Trading: The tool makes sure accurate execution in global index markets with strategies like MORPHEUS, which works best with indices like the S&P 500 and UK100.
  • Trading Commodities: ProbotX trades commodities like oil and gold using strategies like GEMS to try to get the best returns in markets.
  • User-Friendly Interface: ProbotX was made with traders of all levels of experience in mind. It has an easy-to-use interface that makes trading simple, so even newcomers can use it.
  • Trading across multiple asset classes is supported on the site, making it easy for users to keep track of a diversified portfolio.

Quick Tip: Use the free trial first. It’s like sampling ice cream before committing to a full scoop.

Setting Up ProBotX: My Step-by-Step Experience

Putting together ProBotX was a bit like putting together IKEA furniture—it was hard to get started but surprisingly easy once you did. What I did was this:

Signed Up: It was quick to make an account. I was in in less than five minutes.

Email Verification & 2FA: Verification OTP was sent on my email and I got verified. I also chose to have 2-FA. I used Google Authenticator app to for 2 factor authentication. I would highly recommend you to choose 2 FA and check all the 3 security factors are enabled i.e., SMS authentication, Email verification is done and 2-FA is enabled. Once these three are done then the account protection will be marked as ‘High level’ secured.

image 3

One interesting feature that I personally liked about the platform was that you can see the last 10 activities such as OTP verifications, logins, Deposits along with IP addresses.

image 4

Unfulfilled claims

There was a claim on their website homepage where it was mentioned that user can change their risk preference.

I wanted to my risk level to be low and preferred if the major or all investment amount to be traded in MORPHEUS (Trading Indices such as S&P 500 and UK100)  because it is Safest among the three options due to diversification and lower overall volatility. But there was no option to change the preference as claimed on the ProbotX website’s homepage as shown in the screenshot below.

image 8

Because the support wasn’t working either, I called the person who introduced me and was told that I could change my preferences if I had been Self Trading. When I changed it to Self trading, I saw that there were no Self trading packages available yet.

image 9

Knowing that the minimum amount of investment required in ProbotX was $270 was another disadvantage that I faced while using the platform. $270 might be a lot of money for a student just starting out. Also, ProbotX should have told people about this minimum amount before they bought any plan. Also, they didn’t mentioned it on their website.

image 5

After choosing your investment amount, it shows the the expected rate of return.

image 6

It also has a projection calculator that lets you put the amount in months and the expected rate of return per month, right down to the second decimal place. For this example, I chose the 6-month time with a 3.35 percent expected return, which added up to $329.02.

Keep in mind that the answer is based on the Auto Invest option being on. Auto-invest lets you put all of your money from the previous month, including your starting amount and any bonuses you got. If you don’t turn on the “Auto invest” choice, it will only invest your base amount of $270 every month.

image 1

Ranking in Ascending Order of Safety (Higher Rank = Safer Investment):

  1. KRYSOS (Currency Trading)
    • Risk: Currency trading is very risky because it is affected by big changes in the economy, geopolitical events, and the strategies of central banks. Frequently, it entails the use of leverage, which increases both profits and losses.
    • Safety Level: Least safe due to extreme price swings and complexity.
  2. GEMS (Commodities like Gold and Oil Trading)
    • Risk: Global changes in supply and demand, geopolitical factors, and natural events all have an effect on commodities. While gold is often viewed as a “safe haven” asset, oil and other commodities can be more volatile.
    • Safety Level: Moderate risk, but specific commodities like gold are relatively stable.
  3. MORPHEUS (Trading Indices such as S&P 500 and UK100)
    • Risk: Trading indices, which are collections of different companies, is usually less risky than trading individual stocks. They are affected by market sentiment and economic trends, but diversification helps to lessen some of the risk.
    • Safety Level: Safest among the three options due to diversification and lower overall volatility.

Risk level: KRYSOS < GEMS < MORPHEUS

While the minimum deposit mentioned here is 10

image
image 1

What I Really Think About ProBotX’s: Pros and Cons

There are more Cons than Pros.

Positive
  • Platform & Data is secure and encrypted
  • Free trial of 1 month is provided
Negatives
  • Many glitches- Min. deposit amount is written $10 but prevents adding below $30
  • Submitted support tickets is not accessible
  • Cannot set your trading preferences
  • No transparency where (which asset class) your money is getting invested
  • Initial investment is High i.e., from $270 which is not informed on website
  • Newer platform and lacks trudtworthyness

Be careful, ProBotX is not a magic wand. Even though it helps to automate trades, you still need to keep an eye on them and make changes as needed.

ProBotX is like a warm hug if you’ve ever been scared of the stock market. The tactics that are automated take away the fear of having something go wrong. But I will share my investments and returns informing how it’s performing. You can bookmark this page and come next month. I will keep updating on 30th of every month.

Pricing Plans: Options for Every Budget

PlanDurationCostWho It’s For
Free Trial7 Days$0People like me, curious but cautious.
Monthly Plan1 Month$30/monthShort-term traders offering full access to all features.
Half Yearly6 Months$120Discounted rate for extended use
Annual Plan1 Year$180/yearLong-term planners looking for value.
Three Yearly Plan3 Year$399Committed investors.

Terms and Conditions: Prices might change. Always check the official website for the latest updates.

Why I Like ProBotX

  • If you’re new to trading and feel overwhelmed, ProBotX will help you slowly get started.
  • They are like having an extra set of hands to handle your portfolio because they are experienced traders.

What is ProbotX, and how does it work?

ProbotX is an automated trading bot that can make trades in Forex, Indices, and Commodities. It looks through market data, finds trading opportunities, and makes trades based on risk preferences and settings that have already been set up.

Do I need trading experience to use ProbotX?

No, ProbotX is made for traders of all skill levels. The trading process is done automatically by the platform. Users can set their preferences and let the bot do the rest.

Can I trade in multiple markets simultaneously with ProbotX?

Yes, ProbotX does allow trading in multiple markets at the same time, such as Forex, Indices, and Commodities, which allows for a diverse portfolio.

Post Disclaimer

For informational purposes only:

The information presented on this website is for informational purposes only and should not be construed as financial, legal, or professional advice. While we strive to provide accurate and up-to-date information, we cannot guarantee its completeness or accuracy. Any opinions expressed herein are solely those of the author or individual contributor and do not necessarily reflect the views of any company, organization, or other entity.

 

Do your own research:

Readers are encouraged to conduct their due diligence and consult with a qualified professional before making any decisions based on the information presented on this website. Trading, investing, and other financial activities involve inherent risks, and you could lose all or a portion of your capital. Past performance is not indicative of future results.

Ajay Bohra
Ajay Bohra

Ajay Bohra is an entrepreneur and a financial expert who guides people in their personal finance, investments and real estate. Ajay is passionate about showing people how to make money work for them.He guides them in the right direction to invest in Stocks, Mutual Funds, Real Estate and other avenues.

      Let's Think Wise
      Shopping cart