RoCorp Review – Should You Trust This Broker?

Every month, more and more projects emerge offering brokerage services, investment tools, and analytical features to help new users earn money trading securities, cryptocurrencies, and more. Naturally, new projects of this kind often attract the most newcomers. However, due to language barriers and sleek, modern website designs, scammers are often mistaken for legitimate platforms. Read our RoCorp review to learn more.

Is RoCorp a Trusted Platform?

At first glance, this company presents itself as modern, professional, high-tech, and, most importantly, reliable. A quick look at the pages and a superficial study of the reviews on the site gives the impression of a promising broker offering fairly favorable conditions and using advanced methods for more effective trading.

However, RoCorp cannot be trusted, and there are several reasons for this:

1. No licensing information is provided on the company’s website. There is no registration number with any state regulator or international organization, not even the name of a regulatory authority.
2. Although an address is given for the main office in London, a search of the company name in the UK’s Companies House registry yields no matching results. Searching by the given address leads only to a listing for a workshop for sale and review aggregators where the site is mentioned.
3. The website contains numerous vague descriptions and promises regarding functionality, but none of them are backed up by specific details. For example, there is no information about leverage, commissions, the specifics of the promised advanced market analysis tools, or examples of training materials.

Concerned About Withdrawal?

The website states that deposits and withdrawals are possible through various methods. Specifically, Robeco Corporation claims to accept and support the following systems:

• MasterCard
• VISA
• Bitcoin
• Skrill

Each of these services is theoretically available for both deposits and withdrawals. However, the site lacks information about fees. Therefore, it is impossible to calculate in advance what share of the deposited or withdrawn funds will be taken by the platform administration.

How Long Does The Broker Work?

The company’s website does not provide any information about its founding or operating history. However, an investigation of the reviews and domain registration data reveals some clues. All reviews available online appeared within approximately one month. Website verification services indicate that the domain, rocorp.co, has been operational for less than two months (it was registered in July).

This all points to the relatively recent start of the project. Such a short lifespan could indicate a fraudulent “fly-by-night” scheme. Attention! This review belongs to InvestExpertHub.

Other Signs of Fraud

❗Other signs of fraud include the reviews mentioned above. There are relatively few of them, and they all appeared very recently, within about one month. Furthermore, they are all posted on the same review aggregator, “Trustpilot.” Most are purely positive, come from accounts with 1-2 reviews, and most of these accounts are from Italy. The most suspicious common feature of every review is that the stated experience refers to the beginning of 2024, from January to March, when the site was not yet operational. This raises strong suspicions that these reviews, or a significant portion of them, are fake and were mass-produced to promote the site and create a positive reputation.

❗Another suspicious aspect is the high initial deposits. To start working with the platform, users need to deposit money into their accounts. There are several different account levels, with varying levels of available features – the more tools, the higher the required deposit. But even the smallest deposit for beginners requires a whole five thousand dollars, which is an unusually large amount for this market.

Robeco Corporation Review Conclusions

This platform may look young and promising, but upon closer inspection, it lacks any real tools or guarantees of quality and safety in its services. Trusting this project is not recommended, and collaborating with it is highly discouraged.

➕Built-in demo mode.

➖No guarantees and no licenses.

➖Excessively large initial deposit.

➖No honest, unbiased reviews.

FAQ

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