AZ Formula is a get rich quick scheme that claims to guarantee its users an average daily return of $2k from a deposit of $250. But is it legit, and is it possible to make such profits? We have conducted a legitimacy test on AZ Formula and determined that it is a scam. This review gives a comprehensive report on the AZ Formula scam and also provides tips to help you identify and avoid scam bots.
Keep reading this AZ Formula review or go straight to a legit robot by clicking the “trade now’ button in the table below. We have tested Bitcoin Loophole and it is a bot that claims to make a daily profit of $1k. However, be warned that there is a risk in trading and therefore never trade an amount you cannot afford to lose.
- 0.1 Is AZ Formula legit? No!
- 0.2 How does AZ Formula work?
- 0.3 Who is the scammer behind AZ Formula?
- 0.4 AZ Formula Review: Test Results Explained!
- 0.5 Is AZ Formula legit? The verdict!
- 1 FAQ
Is AZ Formula legit? No!
How does AZ Formula work?
AZ Formula alleges to be a trading robot with a success rate of 100%. However, we have determined that it is a shameless scam that is operated as an affiliate of scam brokers. Any money deposited with AZ Formula goes to the pockets of these scam brokers. The brokers in return pay a commission to the scammers behind AZ Formula and their affiliates.
Traders who deposit with this platform redirect to a fake web-trader where they get tricked into believing that they lost money during live trading. Even after your entire deposit is lost, the scammers behind AZ Formula will try to trick you into depositing more money. They do this by falsely promising that they will give you a bonus equal to the amount you have lost if you deposit more.
Legit robots do not exaggerate their earning potential and always make disclosures about the risk of trading with their platforms. The leading ones heavily invest in top high-frequency trading technologies to a good platform. Moreover, they only partner with well-regulated and highly reputable brokers.
Who is the scammer behind AZ Formula?
The real scammer behind AZ Formula is unknown. This review confirms that Steven Cook, the man presented as the founder, is not real. Moreover, we did a reverse image search on the displayed profile picture and confirmed that it is from stock sites.
It is not unexpected for a fraudulent robot to present a fake founders profile. The scammers behind these platforms would never agree to reveal true identity for fear of being apprehended by authorities.
InsideBitcoins investigation involves background research on any person associated with a given robot. Visit our top bitcoin robot 2019 review to learn more about our robot rating criteria.
AZ Formula Review: Test Results Explained!
Is AZ Formula legit? The verdict!
AZ Formula is a scam. This platform collaborates with fraudulent brokers to swindle unsuspecting traders. Like most scam robots, AZ Formula targets the financially desperate. Furthermore, their marketing approach includes stories of people who have progressed from a life of extreme poverty to the billionaire lifestyle. We recommend that you avoid this platform. Many users are instead choosing Bitcoin Loophole, a reliable platform with thousands of users which claims that they make an average daily profit of $1500 per week.
Is AZ Formula legit?
No! This review shows that AZ Formula is a scam. We recommend that you stay away from this robot.
How much should I deposit with AZ Formula?
Do not deposit your hard-earned cash with this robot or else you will lose it. It is a scam whose primary goal is to steal your money.
How much can I make with AZ Formula?
You stand no chance of making a single cent with AZ Formula. Do not open an account with this scam.
Does AZ Formula refund deposits?
No! Once you deposit with them, there is no way to recover your money. This is because they have no legal registration or regulation.