Company Summary
| Aspect | Information |
| Registered Country/Area | United Kingdom |
| Founded Year | 2019 |
| Company Name | BotBro |
| Regulation | No valid regulation |
| Minimum Deposit | $100-$499 (Standard Account) $500-$1999 (Classic Account) From $2000 (Premium Account) |
| Maximum Leverage | Not specified |
| Spreads | Not specified |
| Trading Platforms | MetaTrader 5 (MT5) |
| Account Types | Standard Account Classic Account Premium Account |
| Demo Account | Not specified |
| Customer Support | Call: +44 7360500762 Email: support@botbro.biz |
| Payment Methods | Not specified |
General Information
BotBro is a leading forex trading robot. The platform focuses on revolutionizing investments and providing financial education. The platform was established in 2019, aiming to provide traders with a user-friendly platform. BotBro offers multiple financial instruments including Forex, CFDs, indices, cryptocurrencies, and commodities. Moreover, the trading platform is designed to cater to traders of different experience levels.
BotBro offers multiple account types including Standard, Classic, and Premium. These account types have distinct features curated to meet the trader’s needs. It operated on a customizable and highly efficient MT5 platform. It allows traders to understand the market and execute informed decisions with robots.
Pros
Wide Range of Instruments
BotBro provides traders with a variety of trading instruments. These include commodities, forex, crypto, and more. Additionally, these instruments help in building a portfolio and exploring different markets.
Live Trading on the MT5 Platform
Traders get a chance to trade on the efficient MT5 platform that allows faster trades. Also, it offers smooth trading at multiple trading instruments.
Educational Resources
The platform is equipped with multiple educational resources that help traders in making informed decisions. These resources comply with tutorials, webinars, and articles. It is a perfect feature for the new traders.
Demo Accounts
If someone is new to trading or doesn’t want to risk their real funds, then demo accounts are a perfect option. These accounts let you interact with the platform in real-time without any real funds. Demo accounts are the perfect way to learn before investing.
Limited information on the website
BotBro as a platform gives access to very limited information on their website. The website has no clear sections for different features that make trading easier.
Is BotBro Legit?
BotBRo is a registered platform but it is not regulated by any top financial authorities. This lack of regulation is a matter of concern for traders. No security or transparency talks about the legitimacy of the broker. BotBro ensures the protection of its client’s data and funds, but the lack of regulation means the risk persists. Without regulation and proper security measures, traders are at higher risk of fraud.
However, the traders should do proper research or try the demo accounts before investing in real funds.
Account Types
The robot forex trading platform offers three different types of accounts. These include Standard, Classic, and Premium Accounts. These different accounts provide different features and benefits to the traders.
Standard Account
The standard accounts are created specifically for traders with basic or no knowledge of traders. These accounts claim to offer up to 15% of profit per month. The minimum investment to be done is between $100-499. Traders also get 24/5 customer support along with educational resources for a better trading experience.
Classic Account
Classic accounts are perfect for medium-level experienced traders. They can get up to 25% profits per month in their trades while doing live trading on the MT5 platform. The minimum deposits at classic accounts are $500-1999.
Premium Account
The premium accounts are designed especially for traders with maximum experience and capital. These traders have to spend $2000 or more initially to start trading. They have access to comprehensive features of the platform along with a 50% profit per month.
