They took my earnings. Withdrawals without a valid explanation were not accepted. I have all the evidence, and I didn't break any of the rules. A terrible business. Watch out for it. It benefits indiv... See more
AFF
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See what reviewers are saying
I am so far having a smooth experience with Algo Forex Funds. I got a 50k account, passed it with the help of HFT bot from a friend I met on TG, got funded the same day and received my first pay w... See more
Algo Forex funds are scammers doesn't matter what they say they don't have customer service they apparently have new owners, investors and all those things and now they can't access old accounts so ev... See more
Algoforexfunds - big scammers The worst scam company ever. STAY AWAY FROM THIS PROP COMPANY. SUPPORT IS NOT RESPONDING AT ALL More than 2 payments rejected, always the same reason copy trading or... See more
Company details
Written by the company
Algo Forex Funds is a leading proprietary trading firm, focused on Instant Funding. Offering traders the opportunity to work with virtual capital and keeping up to 100% of the profits made from trading. Skip the stress of endless challenges - AFF’s one-click solution gets you funded fast, so you can focus on what matters the most.
Contact info
, , Central, Hong Kong
- support@algoforexfunds.com
- algoforexfunds.com
Disqusting company who half year ago…
Disqusting company who half year ago denied all payouts all wipe all customers account tellong thay ownership change and they dont have acces to previous database just a scam promp firm stay away all
Although it looks real, it isn't……….
Although it looks real, it isn't. Upon viewing the eye-catching website and the grandiose claims, I registered and invested. After a few days, I tried to pull out, but nothing happened. Luckily, I have had no problems getting paid by Good merit,
worst prop firm
worst prop firm
they dont payout.they block you on social media,dont even try them they will scam you..
Thanks to the team on my username
Thanks to the team on my username, my savings would have been gone if not for the team in my user name they helped me in reclaiming it all
Scammers
I purchased two accounts worth 50K each. When I tried to withdraw my profits for the first time, they rejected it, claiming I had "violated the law." They approved the second withdrawal but then rejected the third one, again citing a "legal violation," even though I followed all their rules meticulously in the third month, just as I had in the second. Since they had paid out one withdrawal from the two accounts, I started doubting myself and thought maybe I was at fault.
Then, I bought an 800K account. By the fourth month, when it was time to withdraw profits from all three accounts, I submitted the request. They sent me an email confirming the withdrawal, but when I followed up a week later about the payment delay, they claimed they had "technical issues" and promised payment within three days. After four days of silence, I messaged and emailed them repeatedly for 10 days. Finally, I received a generic bot response—the same copy-pasted reply they sent to everyone with similar issues: "We’re a new company and acquired the previous one. Unfortunately, we don’t have access to old data, including purchased accounts."
Meanwhile, I could still log into my account and see all the records: the purchased accounts, my payment history, rejected withdrawals, and even the withdrawals they had processed. I sent them screenshots of everything, but they repeated the same excuse: "We’re the new company and not responsible for previous accounts."
Later, I called them out publicly on their Instagram page, but they blocked me. When I checked their Instagram from another account, I saw they’d deleted all negative comments. Do not fall for this scam. The company is registered in a remote African country to prevent victims from pursuing legal action in person. They have no physical address.
It’s been two months now, and I’ve gotten nowhere.
Avoid This Scam Prop Firm – Refused Profit Payouts After Server Shutdown
I had a terrible experience with this so-called prop firm. After successfully completing their challenges and being promised profit payouts, they suddenly claimed a “broker server shutdown” and stopped all payments. This is nothing short of theft.
Even worse, they continue to display my Trustpilot display name and profile image, which is a serious violation of my privacy. I’ve had to contact private solicitors to file a formal complaint regarding this misuse of my personal data.
This firm is a scam. They lure traders with false promises and vanish when it’s time to pay out. I urge everyone to avoid them and report them to the appropriate authorities. I will not stop until this fraudulent company is shut down.
Scam scam scam scam scam scam scam.
Scam scam scam scam scam scam scam.
ALL HFT PROPFIRMS ARE SCAAAAAMS.
I have complained countless times about…
I have complained countless times about having problems with my account, and every time, they either ignore me or send a generic response, that doesn't solve anything.
Worst company ever
Worst company ever, I didn’t break any rules and they say I was copy Trading my trades.
Disgusting scam company
🚨 WARNING: ALGO FOREX FUNDS IS A SCAM! STAY AWAY! 🚨
🚨 WARNING: ALGO FOREX FUNDS IS A SCAM! STAY AWAY! 🚨
To all traders and investors out there, beware of Algo Forex Funds! This so-called trading firm is nothing but a scam designed to steal your hard-earned money by luring you in with promises of profit sharing—only to deny your withdrawals when the time comes!
Absolute scam
Absolute scam. They scammed us by saying they migrated their mt4 servers to new mt5 servers and that the company is under a new ownership and by their own logic, had to erase all old users account whether in profit or not without providing replacement.
Even before the rug pull, they will decline withdrawal with fake excuses here and there. Don't waste your money and time on this scammers.
SCAMMERS BEWARE.
Scam. Fake company. All 5 stars are paid reviews. This company doesnt even deserve 1 star or 0. They deserve -10 star in terms of rating.
The company wiped my account 69872072…
The company wiped my account 69872072 in its so called migration phase and not giving replacement. They denied my earlier payout giving lot size consistency rule reason. my range was 0.1 to 1.2 approximately but they clearly failed to answer why my trade which was well within the range of around 0.5 was denied. it was a small trade of 500$ something, but they denied that too.. and now wiped that account asking to buy a new one.. Worst scam ever.. Reporting this to authorities...
Withdrawals denial..
Withdrawals denial... My 2 withdrawals denial with fake reasons stay away from this scammers...
I saw signs at the beginning that this…
I saw signs at the beginning that this is a possible scam site but I still fell for it and paid for the challenge and eventually made good profits then it became clear to me after they refused my withdrawal and claimed i violated some rules which I didn’t just to make it look like I real but it was too late I had already told the attorneyZLLP and lawsuits were sent to make refunds and I left
I want this propfirm shutdown
I want this propfirm shutdown. They are scammers. They will not pay our profits after their servers broker shutdown.
Assume your loss and pay us our profits.
They are a scam
They are a scam . Report to your bank to do a charge back if your account is bought within 120 days . That’s what I had to do and I got my money back . They need to be removed from the system immediately.
Think 10 times before joining this scam HFT firm
Beware! AlgoForexFund is a Massive Scam!
I, along with hundreds—if not thousands—of other users, have been scammed by AlgoForexFund during their MT4 FXDD server migration. They completely wiped out accounts, refused to provide replacements, and have ignored all our attempts to get answers.
Instead of fixing the issue, they are running sponsored Facebook ads to lure in new victims while leaving old members with nothing. This is not an isolated case; it’s a well-organized scam affecting a huge number of traders.
I urge all new potential members to think at least 10 times before investing your hard-earned money here. Don’t fall for the same trap we did! I have proof of this scam and can provide screenshots if needed. Stay away!
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