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AI-Powered Automated Trading

24/7 Market Activity in Forex

Monthly ROI (5% to 10%)

Binary Referral Program

What is Bot Alpha?

Bot Alpha is a trending AI-powered forex trading platform gaining massive popularity in India. Marketed as a smart trading solution, it allows users to invest and earn passive monthly income through automated forex trades. While many view it as a revolutionary tool for financial growth, others remain skeptical due to its high-return promises and multi-level marketing (MLM) structure.


Bot Alpha operates through its official website BotAlpha.biz, offering users the ability to invest funds, track returns, and build a referral network. It was previously known as BotBro and has since rebranded, aiming to reach a wider user base with its technology-driven investment model.

How Does Bot Alpha Work?

Bot Alpha markets itself as an automated trading solution that uses advanced algorithms and artificial intelligence to trade in the forex market on behalf of users. According to its promotions, users simply invest funds, and the trading bot handles all buy-sell decisions 24/5 in the currency markets. Some key features and claims of Bot Alpha include:

The platform touts the use of sophisticated AI and machine learning models to analyze forex market data and execute profitable trades without human intervention.



The platform touts the use of sophisticated AI and machine learning models to analyze forex market data and execute profitable trades without human intervention.

Investors are promised a fixed percentage return on their investment every month. Common figures advertised range from 5% up to 10% (or even 15%) in monthly ROI as “guaranteed” profit​ (aseemjuneja.in). For instance, Bot Alpha’s promoters often mention 5–8% monthly profit as a typical outcome for users​ (m.facebook.com).

No trading experience is required from the user’s side. Bot Alpha provides a user-friendly dashboard (via BotAlpha.biz login) where individuals can deposit money, monitor the bot’s trading activity, and withdraw profits.

This “hands-off” approach is a major selling point, appealing to people who want earnings from forex trading without spending time or acquiring expertise.

Marketing materials suggest that Bot Alpha might use a copy-trading model or pooled trading strategy, where the bot’s trades are replicated across all investor accounts.

This is presented as portfolio management by experts – essentially the bot supposedly manages a collective fund and distributes returns proportionally.

Beyond just trading, Bot Alpha integrates a network-driven referral system. New users signing up are often placed in a binary network (“Left” or “Right” team leg) under existing members, indicating a multi-level referral structure. Referrers earn commissions or bonuses for bringing in new investors.

This MLM component encourages users to recruit others to maximize their earnings, creating a rapidly growing user network.

Bot Alpha’s value proposition is essentially that busy individuals can earn passive income from the forex market by leveraging an AI bot, without needing to trade manually. The allure of steady returns and the simplicity of a “login, invest, and earn” model has attracted many people in India, especially those not well-versed in trading. The platform’s messaging leans heavily on buzzwords like “power of AI”, “24×7 trading”, and “financial freedom” through technology.


Bot Alpha claims to use advanced artificial intelligence to analyze forex market data and execute trades on behalf of investors. Users deposit funds, and the platform’s algorithm handles all trading activities, promising monthly returns ranging from 5% to 10%.

Forex Trading and the Referral Model

While Bot Alpha presents itself as a cutting-edge fintech solution, its operations resemble a combination of automated trading service and MLM investment scheme. Understanding how it operates is important for anyone considering involvement:

Multi-Level Marketing Aspect

Bot Alpha’s growth in India has been largely driven by MLM-style promotion. Independent “promoters” or affiliates of Bot Alpha host seminars, webinars, and social media campaigns to enroll new members. The sign-up process (as seen on BotAlpha.biz) explicitly asks new users to choose a placement (left or right), confirming the binary network structure.

Use of Cryptocurrency (TLC Coin)

Bot Alpha’s ecosystem has also been tied to a cryptocurrency element called TLC Coin. Promotions for something termed “TLC 2.0 ICO sale” have been noted on Bot Alpha forums​ (facebook.com). It appears the scheme at one point encouraged investors to buy a proprietary crypto token (TLC) as part of the investment plan. Such tactics are often used in modern MLM schemes to raise capital under the pretext of an upcoming coin offering.


Forex Trading Strategy

On the trading front, Bot Alpha claims to use the pooled invested funds to trade major currency pairs on international forex markets. It purportedly uses MetaTrader 5 (MT5) trading software and other tools to execute trades. However, there is limited transparency on the actual trading strategy or performance. Users typically do not get to see individual trades.

Marketing and Influencers

A notable aspect of Bot Alpha/BotBro’s practice is aggressive marketing via social media influencers. Many YouTube and Instagram influencers touted the platform, flaunting their earnings and luxury lifestyles supposedly achieved through Bot Alpha​ (aseemjuneja.in). They shared testimonials of earning “lakhs of rupees” in profit and showed off foreign trips, expensive cars, and high-profile gatherings sponsored by the Bot Alpha community.

The Journey from BotBro to BotAlpha

Bot Alpha did not emerge overnight – it evolved from an earlier venture known as BotBro. BotBro was introduced as an AI-based forex trading robot platform around 2021-2022 and built a large user base in India. In late 2024, amid growing scrutiny, the platform underwent rebranding and is now referred to as Bot Alpha, with the original BotBro name being phased out​ (reddit.com). This rebrand was part of a strategy called the “Grow Trader Matrix” initiative announced on the company’s Instagram, which also involved changing one of its domains to YorkerFX​ (wikifx.com). Despite the new name, Bot Alpha’s core operation and team remain essentially the same as BotBro.
From a corporate standpoint, Bot Alpha’s presence in India is backed by registered entities. BOTALPHA Technologies Private Limited was incorporated in June 2020 in Noida, Uttar Pradesh​ (indiafilings.com), and later BOTALPHA Global IFSC Private Limited was registered in October 2024 with an office in GIFT City, Gujarat​ (indiafilings.com). 

These company registrations suggest an attempt to establish a formal business structure for the platform. The leadership behind Bot Alpha (and BotBro) has promoted its legitimacy by highlighting high-profile associations – for example, claims on social media that the company sponsors a cricket team “UP Nawab” and has appearances by celebrities at events. Such marketing efforts were aimed at boosting credibility and trust among potential investors.

Regulatory Concerns and Investigations

The rise of Bot Alpha/BotBro has not gone unnoticed by authorities. In India, forex trading is highly regulated – retail individuals are generally not allowed to trade foreign currency directly except through authorized channels (as per RBI and SEBI regulations). Offering investment products that pool money for forex trading requires proper licenses, and MLM investment schemes are especially scrutinized for fraud. Bot Alpha, operating outside these norms, has been on the radar of law enforcement and regulatory agencies:

Enforcement Directorate (ED) Investigation

In early 2025, India’s ED (Enforcement Directorate) launched a crackdown on a cluster of related forex trading schemes. This probe was initially triggered by complaints against a company called QFX Trade Ltd. During the investigation, the ED uncovered that QFX had rebranded itself as YFX (Yorker FX) to continue operations, and that several intertwined schemes were being run by the same masterminds​ (timesofindia.indiatimes.com). Notably, BotBro (now Bot Alpha) was explicitly named by the ED as one of the “fraudulent investment schemes” under this network, alongside others like TLC Coin and YorkerFX​. The ED found these schemes were essentially MLM scams presented as forex trading platforms, used to dupe investors with promises of high returns​.

A significant development was the ED freezing ₹170 crore (approximately $20.5 million) in bank deposits in February 2025 that were linked to these schemes​. This money was spread across dozens of bank accounts and is believed to be funds collected from thousands of investors. The freeze indicates that authorities suspect the money is proceeds of crime (collected under false pretenses of a forex trading investment). This action underscores the scale of Bot Alpha/BotBro’s operations in India, as part of a much larger alleged scam.

Indian investigators have identified a Dubai-based individual, Lavish Choudhary (alias Nawab Ali), as a key figure behind BotBro/Bot Alpha and related schemes​ (wikifx.com). According to reports, he is thought to be the orchestrator of the entire network, which amassed an estimated ₹500–600 crore from investors over several years​. His involvement, along with a few India-based associates (directors of the shell companies used), is under investigation for money laundering and fraud. Choudhary was known for a flashy lifestyle, even owning a team in an international cricket league, which he used to bolster his image while allegedly running these schemes​.

Bot Alpha operates without any recognized financial regulatory license. It is not registered with or approved by the Reserve Bank of India (RBI) or the Securities and Exchange Board of India (SEBI) to take public deposits or trade forex on behalf of clients. Independent forex trading by automated bots for clients would typically require a regulated broker or a portfolio management license, which Bot Alpha does not have. In fact, forex trading apps and platforms similar to Bot Alpha have been placed on RBI’s alert list of unauthorized entities in the past (e.g., the precursor YFX was listed as unauthorised)​. The review by WikiFX, a forex broker watchdog, also flags BotBro/Bot Alpha with “No valid regulation” and a high-risk warning for investors​ (wikifx.com).

As of early 2025, the BotAlpha.biz website is still operational for existing members to login or new users to sign up. However, withdrawals and overall operations may have been affected by the ongoing investigations (users have reported difficulties withdrawing funds in the aftermath of the ED raids, according to community discussions). The ED’s action and increased media coverage have certainly cast doubt on the platform’s future. No official statement from Bot Alpha’s operators addressing the investigation has been widely published, except the quiet rebranding efforts. Investors are in a wait-and-watch mode, hoping to recover their money, while new investments into the scheme have largely stalled due to the negative spotlight.

Public Perception and User Experiences

Public opinion on Bot Alpha is divided. Some early adopters claim to have made profits and appreciate the community-driven events and networking opportunities. Others express concerns over the sustainability of returns and compare it to past schemes that collapsed under regulatory pressure. Social media influencers and YouTubers have played a major role in promoting Bot Alpha, contributing to its viral reach across India. Given its high-profile marketing and subsequent controversies, Bot Alpha has a mixed public reception:

Rapid Growth and Enthusiasm

On one hand, many early participants in BotBro/Bot Alpha were enthusiastic, reporting positive experiences initially. Some users claimed they did receive the promised monthly returns for a time and praised the platform as a “good money making machine” that “always gives good returns”​
(wikifx.com). The community aspect – with seminars, team events, and online groups – created a sense of excitement and belonging, especially among young investors and newcomers to finance. By early 2023, BotBro boasted of having operated for 4-5 years and expanding globally, which gave some users confidence in its longevity.



Skepticism and Scam Allegations

On the other hand, experienced traders and finance experts grew skeptical of Bot Alpha’s promises. Discussions on forums like Reddit labeled BotBro/Bot Alpha as a likely scam or Ponzi scheme long before official action was taken​ (reddit.com). Red flags such as guaranteed returns, lack of transparency, and the MLM structure were frequently pointed out. As Bot Alpha became trending, YouTube channels and bloggers also started analyzing it critically, with many concluding that the profits were unsustainable without continuous recruitment of new investors. By late 2024, warnings about Bot Alpha began circulating widely, preparing the public for what eventually became an official crackdown in 2025.

Media and Authorities Warnings

The mainstream media coverage of the ED raids and the ₹170 crore freeze further validated the scam allegations in the eyes of the public. News articles explicitly describe Bot Alpha (as part of BotBro/QFX) as an example of a fraudulent online investment scheme luring people with high returns​ (timesofindia.indiatimes.com). Consumer protection advocates and financial advisors in India are now using Bot Alpha’s case to educate people on the dangers of unregulated investment programs. The Reserve Bank of India has continually reminded citizens that any scheme promising unrealistic returns, especially involving overseas forex or crypto, could be illegal and risky.

Should You Invest in Bot Alpha?

For individuals who are curious about or considering Bot Alpha, the overwhelming advice from experts would be to exercise extreme caution. Here are a few final recommendations:

Enforcement Directorate (ED) Investigation

Before investing in any scheme like Bot Alpha, research its background. The fact that Bot Alpha is essentially BotBro rebranded, and that it has been linked to investigations, should give one pause. Look for news updates, check if it’s registered with any authority, and read reviews from multiple sources.

No legitimate investment can guarantee fixed high returns (5-10% per month) with no risk. Such claims are a hallmark of Ponzi schemes. Always question how those returns are being generated.

Participating in unauthorized forex trading pools can potentially put you on the wrong side of law or at least leave you with no legal recourse if things go wrong. In India, capital protection is weak in such cases – if the scheme collapses, getting money back can be very difficult.

If unsure, it’s best to consult a certified financial advisor or do a sanity check with someone knowledgeable. Sometimes an outside perspective can quickly spot issues in an investment that may not be obvious to an excited investor.

Keep an eye on RBI’s Alert List and SEBI’s warnings for any mention of platforms you are interested in. As of the latest updates, entities related to Bot Alpha/BotBro have appeared in such alerts, indicating they are not authorized to deal in forex.

Bot Alpha represents a modern blend of tech allure and age-old get-rich-quick appeal. Its story – from the rise as BotBro promising AI-powered riches, to the rebranding and the eventual regulatory heat – serves as a cautionary tale in India’s fintech space. While the idea of automated trading for profit is not inherently bad (indeed, algorithmic trading is a legitimate field), any platform operating outside the law and relying on continuous recruitment of new investors is a big warning sign. Investors and traders in India are advised to stay informed and prioritize regulated, transparent avenues for their forex trading or investment needs.
While Bot Alpha presents an appealing model, especially to tech-savvy youth and passive investors, it is vital to weigh the risks carefully.

Before making any investment, consider the following:

Review the platform's background and its transformation from BotBro

Analyze the regulatory status and ongoing investigations

Understand the risks of high-yield, unregulated forex investments

Seek financial advice from certified professionals

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