Arbistar 2.0 Review: Trading Bots or Ponzi Scheme?

 
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Arbistar 2.0 is the name of a collection of imaginary trading robots that promise “financial freedom”.

The website (Arbistar.com) is selling this product as a bundle and aiming to make money from Forex, Crypto and Commodity traders.

The website puts much emphasis on the concept of arbitrage trading, though the owner of this website claims that some of these robots use hedging and grid strategies, depending with the type of market they trade.

Arbistar 2.0’s website has a long and sad history where many unsuspecting users lost money.

According to the marketing materials, Arbistar 2.0 was first developed in September 2018.

The current Arbistar 2.0 is supposedly the new version of the software. This one was allegedly created in January 2019.

Since Arbistar.com is a suspicious website with a doggy reputation, there is no need to trust anything they are going to say or promise.

If you would like to invest in these markets without risking the lose of your capital, my advice is to choose and stick with these highly recommended services.

Arbistar 2.0 review: Trading bots or no bots at all?

Arbistar is a very interesting site because they go on to list down a number of so-called trading bots that “make money”.

These include:

  1. Personal bot pro….. (a Crypto arbitrage trading bot that costs 3000€ per year)
  2. Pipster V1…… (Forex EA that uses grid and hedging strategies but costs 1000€ per year)
  3. Pipster V2….. (similar to Pipster V1 only that it can handle large trading volumes for “greater returns” while costing a whopping 2000€ per year )
  4. Arbistar Foundation…. (a grid strategy robot with a gibberish-like product description. It costs 500€)
  5. Gold Buster bot…. (uses aggressive grid trading strategy for Gold markets. The cost is 3000€ per year)
  6. Swing bot…. (a bot that trades with “pairs that allow for a positive swap”. Sales page does not describe the strategy in details but it costs 2200€ per year)

The above collection of robots make up Arbistar 2.0.

But clearly we can tell that this website is salesly in nature.

They are not addressing things that real traders and investors are looking for.

By the way, Grid trading is not my cup of tea because most systems associated with this strategy tend to lose money.

It’s a system where multiple positions are opened in quick succession with the understanding that if one trade loses money, the second one will compensate.

While doing so, risk is also magnified. And majority of these systems will burn your account in a few days.

Where does Arbistar operate from?

Arbistar claims to have office in Canary Islands, Spain.

They also claim to have 30 employees.

The truth about their location can be established when we do our research on Arbistar owner’s background.

Who owns the company?

It’s owned and operated by a seasoned ponzi scheme operator, Santi Fuentes.

In 2013, this guy was a distributor of a ponzi scheme called Organo Gold.

In 2014, he appeared on the Global Unity website as a “top investor”.

Global Unity was working in tandem with WCM777 scam.

In 2015, the owner of Arbistar also appeared as a “top investor” on the MoneyBox TV ponzi scheme website.

Due to the addition of 2.0 in the name of the project, I assume that the first project collapsed.

The narrative on the Arbistar website is that they “improved” the product to version 2. I doubt these claims.

Can you make money with these “robots”?

When I look at this website, all I see is a tendency to do things in the way that ponzi schemes do them.

For example, the website is claiming to offer credit cards that allow exchanging fiat to Crypto.

They also have Unilevel compensation structure.

In real trading, we don’t have these things.

In terms of whether or not money can be made out of these bots, the answer is no, you won’t make any.

The vendor has not given us a reason to believe their supposed milestone or even let us look into the previous achievements of their robots.

Normally they include performance records for verification because if indeed the so-called Arbistar 2.0 is making money, the vendor would use this as the number one selling point.

The result is that we’d know how monthly returns and draw down look like before committing to these super expensive robots.

The conclusion

It’s not worth spending thousands of dollars on trading robots that don’t use a proper strategy with verified results.

Furthermore, it would be naive to believe that Arbistar 2.0 is a genuine trading product when evidence suggests that it is indeed a ponzi scheme and a scam for that matter.

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1 Comment

  1. Do you want to submit a broker or comment about their scam activities? BrokerProfile is the uncensored forum where you can discuss freely about good and bad trading service providers..
  2. Guy Demoor

    Its e big scam , i been whaiting fot 1 year to recieve 0.12 BTC and i am not alone overhere in Belgium.
    Be aware of this typ of ponzi schemes, sending money to recieve more money dont excist on the internet, trust me i tryed alot on these ponzi sites like arbistar an others…
    Trade ore hodl by yourself thats the only profitble option!!

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