Who Is ROFX And What About IPO?
ROFX is a company of expert advisor software with over ten years of experience in the forex market. Starting its journey in 2009, ROFX has become one of the leading forex EA service providers for traders around the world. Today, the company has more than 50,000 active international customers. ROFX shows a solid track record of producing profits constantly for a long time. Its clients consider it one of the most reliable trading EAs. Recently, the company announced its upcoming Initial Public Offering (IPO) that will take place in the first quarter of 2021.
The Involvement Of Berkshire Hathaway
There are many reasons why ROFX’s IPO is one of the most awaited events in the financial market. After the success and immense popularity of ten years, ROFX’s IPO is expected to be a grand success by most experts. However, the community has been talking a lot about it on the financial forums because it intrigued Warren Buffet and Berkshire Hathaway, Buffet’s company is reportedly going to purchase the majority stock holding of ROFX. According to the terms of the agreement, Berkshire Hathaway will invest $500 million in Artificial Intelligence development that can improve the trading results of ROFX significantly. It will not only prove the credibility of ROFX but also escalate the interest of investors.
What Is Exciting About the Rofx IPO?
Before you invest in a company, you should examine the fundamentals because they play an important role to predict if the future performance of the company would be good or bad. Here is a list of the reasons why it would be a great idea to invest in ROFX –
Robust Technology
Rather than an EA company, it is more appropriate to call ROFX a technology company. It is the robust technology of the company that makes its EA stand out from its competitors. The trading robot is provided with an AI-enabled self-learning neural network. This network continuously updates the database of the robot so it can be up-to-date about the changing market conditions. The robot knows how the market would change from previous references. So, it can help you make the right trading decisions. Moreover, a group of programmers and traders continues to update the robot with backtested and proved strategies.
Trading Results
You can analyze the trading results produced by a trading robot over the years to gauge its credibility. From the trading results of ROFX, it can be said that it is way more advanced than other EAs available in the market. You may check out the trading results on the official website of ROFX and the reliable public trading journal MyFxBook. From those impressive results, you will get an idea of the amount of your earnings using ROFX.
Future Potential
There is no way to overlook the future potential of ROFX. Forex trading is one of the most popular methods of passive income, and there is hardly another EA as reliable as ROFX to help people in trading. In the post-pandemic situation, people for sure are going to be attentive towards companies like ROFX that offer risk-free investment. The impressive trading results of the company also forecast an optimistic future performance of ROFX.
Fund Protection
ROFX offers 100% protection to its clients’ funds. Even in the most adverse scenarios, traders do not have to worry about losing their investments. Several money management and risk management techniques are used by the company to ensure client fund safety. It uses leverage to maximize profits and strictly maintains stop-loss placements. Moreover, ROFX is in partnerships with strictly regulated brokers. The best part is the negative balance protection that the company offers to all of its clients. Thanks to this, all losses generated by the forex robot are covered by the reserve fund of the company. It not only makes investing in ROFX highly rewarding but also the safest.
User Experience
The clients of ROFX are provided with the ultimate user experience. Contrary to traditional EAs with hefty software required to be downloaded with a lengthy installation procedure, it is very simple to start with ROFX. You can complete the entire set-up procedure with ROFX within just five minutes. To do it, you need to visit the website. After that, you can select a package and subscribe to it. The robot will take care of the rest on its own. It supports automated trading, so all trading activities are completely autonomous. There is no need for manual intervention which will make your job easier. This is the type of company people prefer when they want to invest.
The Growth Potential of ROFX
Forex market experts, financial analysts, and billionaire investors trust that a number of companies are going to flourish in the post-pandemic situation. The potential for firms to grow is high in the future. With all these predictions taking place, there is no way to deny the success of ROFX’s IPO.
The upcoming IPO is truly something to look forward to. Even if you are not into the IPO, it is a must to be aware of service providers like ROFX so you can create your own passive income for a sustainable personal budget prepared to face any financial crisis.
Featured image: FMRWire
