Review: is My Alfred Robot Legit or Scam?

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The vendor (MyAlfred) claims that this robot is built out of 3000+ hours of rigorous research. Our tests show that the robot was indeed tested before rolling it out to the market as the win rate is extremely high. 

The owner of Myalfred robot is developing this product from Sydney but one thing is clear; they are new to this marketplace but have already grabbed a large market share, thanks to their profitable MyAlfred automated trading system.

Including it in our list of the most coveted trading products would be a good thing to do as we feel that this trading product is a real goldmine.

The only thing I would point out is that even though the vendor has a good website, proper introduction of who is developing and running this trading bot is lacking.

Myalfred (Robot) review: A critical look into the trading system

Our review is based on what they say in addition to our critical analysis of their service.

The robot is designed to save time and not to subject users to the learning curve associated with analyzing charts.

The developer claims that My Alfred robot is an AI-based trading bot that works in rising and falling markets.

The rest of the website seems to repeat what we already know about an automated trading system.

We already know that they save time and provide a way for people with zero knowledge to make money from the financial markets.

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A trial of the Myalfred robot was enough to prove that indeed this product was created by traders wanting consumers with little experience to save time.

The specifics of their strategy is not openly available. The vendor argues that they would like to protect their strategy, and this makes sense as a good strategy must either have a patent or risk being stolen.

Trading strategy of the Myalfred robot

The website does not provide key insights on how this robot trades (for reason provided above).

Apart from telling us that the bot uses AI technology and is equipped with money management mechanisms such as stop loss, trading of small lot sizes and leverage, the vendor does fails to paint a complete picture of their product.

While this is a setback to those cautious traders who are considering this product, the reason we bought this system is because in the trial, the strategy performed consistently.

I don’t know how the vendor will address the needs of those who are skeptic at first, considering the reasons we’ve provided.

However, this is also the reason there is a 7 day trial.

Trading performance of this Forex robot

This product is very new to the market and the vendor has also told us that they have live trading results.

We did not see any page on this website where links to their audited trading performance were posted.

However, they provided us with their trading statements in our private communication.

On the other hand, the vendor has also provided a free trial which can be obtained by sending a short message to them.

This free trial is the first step to winning the trust of traders out there.

So if you’d like to test the Myalfred robot algorithm, this would be your opportunity to do so.


Normally we include a customer reviews section in our review because we’re always intending to discuss feedback that a product has received.

There’s indeed a lot of feedback out there, and we’re also encouraging traders to participate in the comment section down below to let us know what their experience is with MyAlfred algorithm.

The conclusion is that Myalfred is a good robot, albeit a few setbacks that have plagued it in the recent past as the vendor was still new and had not established themselves yet.

We recommend it.. Thanks for reading this review and remember to share this information to help other struggling traders too.

15 Responses to “ Review: is My Alfred Robot Legit or Scam?”

  1. James says:

    Looking for reviews on this software

    1. Theadmin says:

      Myalfred robot is extremely good. Just try it and see for yourself, then come here and write a review please.

  2. Samatha says:

    Did the trial as you suggested and have now bought there software. Thanks for the heads up, good aussie company who arent promising the world like alot of other companies do

    1. Zoran says:

      Hi Samantha, please let me know if you are steal using system and are you in + after 3 months looking to get in thanks Zoran

  3. John says:

    Good Aussie based company not over promising or under delivering on their services

  4. Lucio says:

    Honestly, I can not find many reviews out there. The good side is that there are not bad reviews, however there are not many that have posted a review with a long term trading result. Anyone that can say something about?

    1. samantha says:

      Hi lucio,
      I’ve been using their software now for about 8 months. I don’t feel comfortable posting my personal results but i can say im up around 20% profit.

  5. David says:

    I skipped the trial as they offered me a better package. Made sense as i already trade so the trial would have been pointless. Been trading with the software since last November, it handled the Russian Ukraine war volatility well and i’m ahead in profit even after doing withdrawals. The only downside was there IT support dont work to much after hours but more during office hours.

  6. Jas says:

    patient customer service team, pointed me in the right direction to help with my due diligence. Ticked all my boxes so i bought their system. The system does all the trading for me, all i do is check every few days to see the progress which im happy with so far. I joined up in April.

    1. Albert P says:

      G’day David, I
      If you don’t mind me asking… What package did you get and how much did you invest and how much did the software make you so far roughly?

  7. Lewis says:

    Great customer service. Even as we speak during the xmas holidays i’m being provided with support to check on how my progress is going etc.

  8. John L says:

    I have one those wives that dont let you do anything, however my consultant was very accomodating. Called us after hours to help my wife understand everything. A day later we signed up and havent looked back since. Been a happy client for 14 months now.

  9. Kyle says:

    Tell you what they’re persistent. I fobbed them off over 6 months ago as ive been burnt with an overseas company so i was little gun shy (my fault stupid me) so i wanted to see if they were still around after 6 months. As promised he called me back and showed me upto date results and ASIC, i signed up on the spot. My only regret is i wish i saw this forum when i first spoke to him, they have been around for nearly 3 yrs which speaks for itself

  10. Albert P says:

    G’day David, I
    If you don’t mind me asking… What package did you get and how much did you invest and how much did the software make you so far roughly?

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