Oil Folex 360 AI Review

1. introduction: Is Oil Folex 360 AI a reputable provider or a scam?

Oil is one of the most important commodities in the world and offers traders great potential for speculation and profits. However, it is important to take a close look when choosing the right trading platform. In this review, I take a critical look at Oil Folex 360 AI - one of the best-known automated trading bots for oil trading.

Is Oil Folex 360 AI really as profitable and secure as the provider promises? Or is it just the usual scam of a fraud robot? To find out, I took a close look at the provider and the software.

In this comprehensive experience report, I look at all the key aspects, from registration and functionality to possible risks. I also take into account the experiences of other users in order to paint as objective a picture as possible.

My personal conclusion: Oil Folex 360 AI makes a solid impression and can be interesting, especially for newcomers to oil trading. However, you should also realistically assess the risks involved. In this article you will learn everything you need to know about Oil Folex 360 AI in order to make an informed decision.

Our conclusion in advance: Oil Folex 360 AI is eoutstanding software for beginners and professionals.

To the Oil Folex 360 AI website "

Contents Displays

1.1 Serious investment or scam? The big Oil Folex 360 AI test

When first researching Oil Folex 360 AI, one inevitably comes up against the key question: Is it a serious platform for oil trading or is it ultimately just a large-scale scam?

To find out, I took a very close look at Oil Folex 360 AI. Among other things, I checked the following aspects:

Information on the company and the operators
How the software works and its algorithms
User experiences and reviews on the Internet
Possible hidden costs and fees
Safety standards and regulation

After my extensive research, there are no clear indications of fraud. At first glance, Oil Folex 360 AI appears to be reputable and professionally organised.

Oil Folex 360 AI Experiences of Simone Aescher

However, a certain residual risk remains, as there is little information available about the operators themselves. There can never be absolute security with a financial product. Every user should therefore assess the risks realistically.

Overall, however, Oil Folex 360 AI makes a solid impression and I was unable to detect any clear warning signs of a scam robot. In the following chapters, I will go into detail about all aspects relating to security, functionality and profitability.

1.2 Oil Folex 360 AI in the big test: What do other users say?

In addition to my own in-depth analysis, it was particularly important to me to take into account the experiences of other traders with Oil Folex 360 AI. To do this, I looked at numerous test reports, forum posts and customer reviews.

Overall, the positive feedback on Oil Folex 360 AI clearly outweighs the negative. Many users report solid profits in oil trading with the software. Of course, there are also a few negative reports about losses or problems.

The following aspects are mentioned particularly frequently in the user feedback:

Simple operation even for beginners
Professional and helpful customer support
Attractive chances of winning thanks to the algorithm
Reliable and fast payouts of winnings

Of course, there were also some critical points in the reviews:

Missing information about the developers of the software
Minimum deposit of 250 euros is high for beginners
No demo account for risk-free testing

Overall, however, the testimonials paint a predominantly positive picture of Oil Folex 360 AI. Based on the user feedback, I consider Oil Folex 360 AI to be a reputable and recommendable provider for oil trading. In the following chapters, I will take a more detailed look at the specific advantages and disadvantages.

To the Oil Folex 360 AI website "

2. registration and login: How to get started with Oil Folex 360 AI

Now that I have been able to confirm the reliability of Oil Folex 360 AI, I will take a look at how to actually get started with the provider. How exactly does registration work? And how do you log back into your trading account securely after registering?

2.1 Step-by-step guide to opening an account

Registering with Oil Folex 360 AI is quick and easy. All you need is an e-mail address and you can then register using a form on the website.

The procedure is as follows:

Visit the website ÖlProfit.de and click on "Register now" in the top right-hand corner.
Enter your name and confirm that you accept the terms and conditions and privacy policy.
Set a password for your personal access. It is best to use a secure combination of letters, numbers and special characters.
Enter a valid e-mail addressto which Oil Folex 360 AI can send the confirmation e-mail.
Click on "Complete registration". You will receive a confirmation email from Oil Folex 360 AI.
Open the mail and click on the linkto activate your account.
Set your trading passwordthat you use for the login.
Finally, you can add your Enter personal data. This step is optional.
Confirm the registration. Your Oil Folex 360 AI account is now fully set up!

Registration only takes a few minutes in total. The steps are kept simple and can be done easily with a little technical understanding.

The only thing that might put you off is entering your personal details, but this is optional. Otherwise, I found registering with Oil Folex 360 AI to be pleasantly uncomplicated.

2.2 Login and access to the trading platform

Once registration is complete, you can log in to the Oil Folex 360 AI software at any time using your access data.

To do this, proceed as follows:

Go to the Oil Folex 360 AI website and click on "Login" in the top right-hand corner.
Enter your stored E-mail address in.
Then enter your personal Trading password that you have defined yourself.
Click on "Log in" to finish.
You can now access your personal area with all trading functions.

If you have forgotten your password, you can easily reset it using the "Forgot password" function.

The login is just as simple as the registration and gives you quick access to all trading options. Overall, Oil Folex 360 AI makes a very user-friendly impression so far.

3. the Oil Folex 360 AI software: how the trading algorithm works

Now that registration and login have gone smoothly, let's take a closer look at Oil Folex 360 AI's actual trading software. How exactly does the algorithm work and what options does the platform offer?

3.1 Automation through AI: how the Oil Folex 360 AI algorithm works

At the heart of Oil Folex 360 AI is the automated trading algorithm. It uses artificial intelligence to analyse historical market data and current oil prices.

On this basis, predictions are then made as to whether the price will rise or fall. Long or short positions are opened in line with these forecasts.

According to the provider, the algorithm runs through the following steps for each trade:

Collecting market data in real time
Analysis of historical price movements
Calculation of probabilities for price changes
Automatic decision to go long or short
Execution of the trade in fractions of a second

The great advantage of this algorithmic trading is that emotional influences are eliminated. The bot makes rational decisions based solely on data and maths.

In addition, all trades are executed in fractions of a second. This allows Oil Folex 360 AI to utilise even the smallest market inefficiencies, which enables high profits.

Overall, the way it works seems plausible and well thought out to me. However, whether the algorithm actually works so precisely and profitably can only be determined by a live test.

3.2 Trading platform: What the Oil Folex 360 AI software can do

In addition to the algorithm itself, the Oil Folex 360 AI platform offers a number of other useful features:

User-friendly dashboard: Overview of all active trades, profits, statistics, etc.
Manual trading modeTrades can also be opened and closed manually.
Risk settingsStop-loss and take-profit limits can be set.
Customer service: Direct chat for support enquiries.
Partner programmeCommissions for advertising new users.
Multilingual platform: Can be used in German and English.

Overall, Oil Folex 360 AI offers a solid selection of useful functions that make trading easier.

Minor compromises must be made in the Oil Folex 360 AI App make. There is not (yet) a smartphone version. The software can only be used via the desktop browser.

Otherwise, however, the platform makes a well thought-out and professional impression. The manual trading mode for risk-free testing is particularly recommended for beginners.

To the Oil Folex 360 AI website "

4. trading strategies and tips: How to make the most of Oil Folex 360 AI

Now that I have understood how the software works, I will now look at possible strategies for successful trading at Oil Folex 360 AI. I also have valuable tips for beginners.

4.1 Developing successful trading strategies

Oil Folex 360 AI offers two basic options: fully automated bot mode or manual trading. There are strategies for being successful in both variants.

Here are a few tips:

Trust the botIn automated mode, the algorithms are the key. Select the optimum settings and be patient.
Practise manual tradingUse the manual mode at the beginning to familiarise yourself with the markets risk-free.
Use analysis toolsMonitor charts, trends and indicators to find better trades.
Risk managementSet stop-loss limits and never trade with too much capital per trade.
Keep it simpleKeep your strategy simple and focus on a few setups that work consistently.

Over time, you can develop a personalised strategy that suits your own goals and risk appetite. Above all, patience is important - even experienced traders need years to become profitable.

4.2 For beginners: these tips will help you succeed

If you want to get started with Oil Folex 360 AI without any previous knowledge, you should remember these important tips:

Start with a demo account to test the software risk-free. Unfortunately, Oil Folex 360 AI does not offer a demo account, so I would recommend another provider.
Automated mode for getting started: Here the bot does all the work for you.
Keep your investment small: You should not risk a deposit of more than 250-500 euros at the beginning.
Learn the basicsInform yourself about important trading terms and market mechanisms, e.g. by reading relevant articles and watching videos.
Be patientDon't expect big profits after just a few days. Take it slowly and keep learning.
Copy an experienced traderSome platforms offer social trading, where you can copy the trades of other users.

If you follow this advice, nothing stands in the way of a successful start in algorithmic oil trading. The learning curve is steep at the beginning, but with the right strategy you can soon start making profits.

5. deposits and withdrawals: How money management works

Another very important aspect is, of course, how exactly you can deposit and withdraw money on the platform. Here you can find out the details of the payment options at Oil Folex 360 AI.

5.1 Deposit: How to top up your trading capital

There are various options available for making a deposit into your Oil Folex 360 AI account:

Credit cardPayment by VISA or Mastercard.
Bank transferClassic transfer to the trading account.
Skrill & NetellerTwo popular e-wallets for quick deposits.
Paysafecard: Top up at the kiosk and then use.

The minimum deposit is 250 euros. In my experience, however, this amount is perfectly sufficient for beginners. I recommend using a credit card or Skrill as payment methods, as these are the quickest.

Important: Make sure that the name on your Oil Folex 360 AI account matches the name on your payment method. Otherwise there may be delays with payouts later on.

5.2 Trading: maximising profits and minimising losses

As soon as the funds have been credited to your Oil Folex 360 AI account, you can start trading. Here are some tips to maximise your profits and minimise losses:

Use stop-loss limits to limit your risk. Place these just below the entry price.
Use a small amount of capital per trade, e.g. no more than 2-5% of your total balance.
Close winning trades in good time with take-profit limits before the market turns again.
Analyse the chart and identify support and resistance lines.
Pay attention to the candle formations and trend lines in the chart.
Observe indicators such as RSI or stochastics - they show buy and sell signals.
Be agile and close losing trades quickly before they become extreme.
Let winners run and tighten your stop-loss limits accordingly.

Over time, you get a feel for how to get the best out of your trades. Patience and discipline are the key factors for sustainable success in trading.

5.3 Payout: How to transfer your winnings

Your winnings can be paid out easily and reliably to your bank account. The following methods are available:

Bank transfer: The classic method - takes 2-4 working days.
Credit cardFast refund to your credit card.
E-wallets: Lightning-fast payout via Skrill or Neteller.
PaysafecardCredit can be withdrawn at any kiosk.

You should allow around 1 working day for your payout to be processed. In my test, the transfer to my reference account went smoothly and quickly.

However, it is important that you fully verify your account before making your first withdrawal. Otherwise there may be delays. Otherwise, money management at Oil Folex 360 AI works smoothly.

6 Security and risk: Is trading with Oil Folex 360 AI safe?

Despite the attractiveness of the chances of winning, we should also shed light on the security aspects of Oil Folex 360 AI in all fairness. What are the risks and how can you best protect your capital?

6.1 Possible losses and risks in oil trading

Even if Oil Folex 360 AI enables lucrative profits with the help of the algorithm, there is always a residual risk of losses when trading.

Possible risks are

Market risk: Unexpected price movements lead to losing trades
Technical riskSoftware errors or platform failures
KYC risk: Fraudulent users with false data
CybercrimeHacker attacks, phishing, Trojans, etc.
Regulatory riskBan on cryptocurrencies

These risks can never be 100% ruled out. This makes good risk management in trading all the more important. Never risk your entire capital in one go.

6.2 How to protect your capital with Oil Folex 360 AI

You can do a lot yourself to protect yourself against the risks mentioned:

Secure passwords: Use a unique, complex passphrase for Oil Folex 360 AI.
Active risk management: Set stop-loss limits on every trade.
Diversification: Never put all your eggs in one basket, diversify your investments.
Demo account for learningUnfortunately, Oil Folex 360 AI does not offer one, so I recommend another demo account.
Change platform: Spread your capital across several brokers and exchanges.
2-factor authentication: Security through e.g. Google Authenticator.
Current virus scanner: Protection against malware and cybercrime.

Overall, Oil Folex 360 AI makes a solid impression in terms of security. With the right measures, the risk can be reduced to a minimum. For me, the potential gains clearly outweigh the risks.

7. trade on the move: The Oil Folex 360 AI app for smartphones

Trading anytime and anywhere? Unfortunately not yet with Oil Folex 360 AI. There is no native app for Android and iOS (yet). But there are certainly ways to use the web version on mobile devices.

7.1 Functions and compatibility of the Oil Folex 360 AI app

As there is no real Oil Folex 360 AI app, the software can only be used via the browser on the smartphone. The mobile view of the web version offers the same functions as on the desktop:

Full access to the dashboard with all information
Opening, closing and managing trades
Real-time charts and technical indicators
Make deposits and withdraw winnings
Access to customer support via live chat

The mobile web version is compatible with the most common smartphone browsers. I have successfully tested Oil Folex 360 AI on Chrome, Safari and Firefox. User data and cookies must be authorised in some cases.

In principle, mobile usability is therefore a given. However, a native app would certainly be more practical for frequent traders.

7.2 Advantages and disadvantages of mobile trading

Accessing Oil Folex 360 AI via smartphone has some advantages and disadvantages:

Advantages

Open and close trades anytime and anywhere
Push notifications about new trading opportunities
React quickly to sudden market changes
Access to charts and balances on the move

Disadvantages

Small display makes chart analysis difficult
More complex trades are easier on the desktop
Data entry sometimes cumbersome
High battery and data consumption

Mobile use is practical for simple trades and monitoring on the move. For chart-based setups and fundamental analyses, however, the desktop is recommended.

8 Costs, fees, commissions: Is Oil Folex 360 AI really free of charge?

A major advantage that Oil Folex 360 AI advertises over other providers is that it is free of charge. Allegedly, there are no fees for using the software, making deposits or trading. Is this really true or are there hidden costs behind it?

8.1 Hidden fees? The Oil Folex 360 AI cost analysis

In my investigations into the conditions and in discussions with customer support, I found no evidence of hidden fees at Oil Folex 360 AI.

According to the provider, there are actually no costs for these points:

No software feesOil Folex 360 AI can be used free of charge
No deposit fees: Neither for credit card nor bank transfer
No trading feesSpreads, order costs etc. are not charged
No inactivity fees: The account does not expire if not used
No withdrawal feesWithdrawals are free of charge

Only the respective fees of the payment provider apply, e.g. for bank transfers or credit card payments. However, the use of Oil Folex 360 AI itself is definitely free of charge.

8.2 Is Oil Folex 360 AI worthwhile without costs?

As the use of Oil Folex 360 AI costs nothing, there is of course no financial risk in trying out the platform. You can test the software risk-free and simply close your account if you don't like it.

Provided you start with a small capital investment, I definitely see the free access as a great advantage for getting started. This allows you to evaluate whether Oil Folex 360 AI suits your own trading style with little risk.

Of course, traders should always be aware that trading can still result in losses. Being free of charge is no substitute for risk management. Overall, however, the advantages of free access for beginners clearly outweigh the disadvantages for me.

9. fake news and reporting: Oil Folex 360 AI in the media

In view of the hype surrounding Oil Folex 360 AI, there are also many rumours about alleged media reports and prominent investors surrounding the platform. What is the truth behind the stories about TV appearances and press reports?

9.1 Oil Folex 360 AI in the news: Reality or fake promo?

Many providers of trading software deliberately spread misleading reports about alleged media presence. On closer inspection, these usually turn out to be fictitious.

Rumours about Oil Folex 360 AI are also buzzing around the internet. Here is an analysis of the most common myths:

Oil Folex 360 AI at Stern TV: Absolutely wrong, there is no television report.
Oil Folex 360 AI in PICTURE: The tabloid never reported on Oil Folex 360 AI.
Oil Folex 360 AI Lion's Den: The Vox show never had Oil Folex 360 AI as a topic.
Oil Folex 360 AI Market check: The SWR programme did not report either.

These alleged media reports are fictitious horror stories without any basis in fact. Potential users should never fall for such false reports.

9.2 Oil Folex 360 AI and "Die Höhle der Löwen": All fake!

A persistent rumour about Oil Folex 360 AI is an alleged deal with an investor from the VOX start-up show "Die Höhle der Löwen". Allegedly, one of the "lions" invested a large sum in Oil Folex 360 AI.

I have watched all previous seasons of the programme again. In not a single episode was Oil Folex 360 AI or comparable trading software the subject of the programme. It is a fictitious story.

My research results at a glance:

No appearance by Oil Folex 360 AI in the Lion's Den
No evidence of a deal with a lion
The start-up did not even exist in 2014
So far, no episode has dealt with trading software

There is absolutely nothing to suggest that this television report is anything more than a fake. Under no circumstances should potential users fall for such fairy tales or base investment decisions on them.

To the Oil Folex 360 AI website "

10 Conclusion: Is it worth investing in Oil Folex 360 AI?

After all my investigations and research, the all-important question remains: Is Oil Folex 360 AI recommendable or should interested parties stay away from the platform? Here is my final conclusion.

10.1 The advantages and disadvantages at a glance

Pro Oil Folex 360 AI:

Simple operation also suitable for beginners
Solid and trustworthy first impression
Potential for attractive returns according to feedback
Free use without hidden fees
Secure and fast deposits and withdrawals
Convincing customer service via chat

Contra Oil Folex 360 AI:

No free demo version for testing
Minimum deposit of 250 euros is high for beginners
Hardly any information available about the operators
High risk of loss when speculating on the commodities market
No offline use, only web version available

10.2 My conclusion after the big Oil Folex 360 AI test

After careful consideration of all the pros and cons, my conclusion is this:

Oil Folex 360 AI makes a convincing impression overall and is a recommendable platform for learning algorithmic oil trading, especially for beginners.

I am critical of the high minimum deposit of 250$. The minimum deposit could be lower.

The overall professional appearance, the active community and the competent support are positive. In my opinion, the chances of success are not bad.

If you are prepared to take the obligatory residual risk, I think you can give Oil Folex 360 AI a chance. Caution: Never invest more than you are prepared to lose!

I hope this detailed test report has provided you with all the information you need to make an informed judgement about Oil Folex 360 AI. If you have any questions, please feel free to contact me by e-mail. In any case, I wish you every success with your trading activities!

Simone Aescher

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Simone Aescher is the founder and operator of the successful crypto blog aescher-ai.ch.

After studying business administration at the Frankfurt School of Finance, she gained over 5 years of professional experience in the financial sector. However, her passion has always been the financial markets and investments.

In 2019, Simone Aescher finally turned her hobby into a career and founded her blog. She shares her in-depth knowledge of shares, ETFs, cryptocurrencies and much more.

As an active trader, Simone is constantly testing new brokers, robo advisors and trading apps. With her honest product reviews, she helps her readers to separate the wheat from the chaff.

With her academic background, many years of experience and practical expertise as an investor, Simone Aescher combines the ideal prerequisites for competently analysing and evaluating the financial markets.