AFF 

Just received my first payout from Algo Forex Funds a few hours earlier. For me it was absolutely smooth. All I can say you guys just follow their rules, they would definitely payout. For me, It’s one of the best HFT prop firms out there. Just loved them. Also wish them good luck so that they can serve long term basis. It's time to treat myself 😁😍

Seems like many others have the same issue with Algo Forex Funds

I traded my own account using an EA (Allowed) for about a week and after the EA was not performing I traded the account manually myself and certainly did not use any copy trading. And yet guess what when I tried to do my first withdrawal !!!!!

I received an email saying my withdrawal has been denied due to them having done an extensive check and finding out that I was copy trading. Its not a laughing matter because what they are doing is actually fraud and theft taking a persons money and then refusing to pay when a person has done all that was required and has a legitimate withdrawal request.

They were so good to me and said they reset my account to trade again and "never" took my account away - haha what a joke. Why should I trade for another month and try again only to be denied again - I am 110% certain I am not in the wrong. They are.
I requested proof of what they are claiming about me copy trading and I requested a refund of my purchase amount - you guessed it - NO reply

Maybe they have paid a few people - this is to keep some happy.

4 payout rejected, 2 of them for account management which is not true , when i asked them proof or reasons for this they never replied and it happened 2 time. And 2 other for copytrading lol when it is not true I made over 10k on 500k account amd over 7k on my forst payout and they said copytrading, they just take all my profit and give me nothing find an excuse without any explanation just reset my account so I can trade again make profit so they can take it all and give me nothing. I put 2 reviews already and they keep removing my reviews why its weird may be because I always expose them with that 30 sec rule that's no where to be seen. So I have to write from a different email to make sure they don't bloke my accounts. Hft prop are moving weird. Not for real traders

Response :
I will be taking legal actions against you soon. I have not got any reply from my last denied payout which was 3 days ago and I never received any information about my denied payout 4 month ago which was denied for account management which is not true and that why you don't reply to my mail because there no proof. You do this to a lot of people, you are breaking people mentally and only give payout to traders who promote or are affiliate with your company so that they bring more people in so you can make more money from paid challenges, this is the truth in plain so please Google review don't remove this it will help a lot of people to know the truth about this company. I am not the only one saying this and been talking to traders who are in the same situation as me. No one actually knows who the face of this company is and who's behind all of this. Its only of matter of time until the law get involved and stop this horrible system they do.

They stole my profits. They did not accept withdrawals without reason. I did not violate any of the conditions and I have all the proofs. A very bad company. Beware of it. It is more exploitative than it helps people.

one more scam hft company. The first time they reject my payout , the reason acount managment and i trade only with my phone. the second time they reject my payout the reason copy trading. DONT TRUST THEM YOU WILL LOSE YOUR MONEY!!!

Same thing like all other HFT prop firms. The do 1 payout and hope you buy more accounts. Then they stop paying for not reason and ignore all mails, even block you on live chat support, et cetera.

Positive reviews are most likely fake or have no real experience (not more than couple of weeks).

This prop firm is a scam I I made some manual trades only by myself. Without EA, without copying signals. Just manually by setting my own TP. And what happened ? My withdraw request has been denied because of copy trading !!! Obviously it is not possible. It is not honest. Be careful before purchasing a challenge. Don't be client of this prop firm.

I followed all the rules set by Algo Forex, but my payment was unfairly denied under the claim of "poor account management." Additionally, they claimed IP duplication, but I did not violate this rule. I complied with all the required conditions:

I did not use copy trade.
I adhered to the lot size consistency and drawdown limits.
I did not use HFT (High-Frequency Trading).
I only used the Expert Advisor as permitted.
I did not open trades less than 30 seconds apart.
Despite this, the company refused to pay me without providing any concrete evidence of rule violations. I feel completely disrespected and harmed.

I do not recommend Algo Forex. A reputable company should at least be transparent and honor its agreements.

First withdrawal rejected. But second accepted. I took the reason into account and I followed the rules. I hope that future withdrawals will be validated and that the company will still be able to continue its activities since currently it is the only one that is reliable.

I have been refused a payment for the third time in a row since obtaining my funded account.
This is a real scandal.
And for three invented and different reasons!!
The first, a lot average not respected when it is false, I checked and calculated.
The second, for an IP address problem, it is false I trade with my phone and I make my estimates on TradingView.
The third, for copy trading, it is also false.

The proof is there! He does not block my account so that I can still trade and take all my profits!

It is very profitable for them, they win everything!

Fed up with not seeing the fruit of my work.

Read Before you buy a challenge, worst scmmeers!!!
This company is only paying for affiliate and not for traders who works hard day & night doing technical analysis and making genuine profit, I bought an account from algoforex on 29.07.2024 of 500k only had a single payout of $8 today its $8 every time I withdraw they make excuses, previous month I made 10k with following consistency rule they said its copy trading lol, when I asked them to proof that I copy trade no response, I have left a review before on trustpilot its getting worse this algoforex please don’t trap in to 40% 50% discounts, you only making scammers rich and you getting your self poor, I have opened a case with UK fraud currently my case is ongoing, please report and lets get this company shut down and protect innocents

I waited 5 days for payment, they refused payment due to copy trading, but I never copied trades, they are scammers!!!!! do not buy from them account they will refuse payment transaction number 69874428

Scam Firm - Dont payout.

Traded the account up 3 times, having been denied a payout and reset the account 3 times as of now. AVOID.

Scam company !
They do not give payout and will make false excuses like account management and Copy trading !
They will scam with you and will not give withdraw
try to stay away from them
they will delete your account and simple block you when you will ask them for payout !
all positive reviews are bought and they are not real

They do not give payout !
it does not matter you trade with them with rules etc ! They will block you and remove you when you ask them for payout !
Biggest red flag , dont go with them
i traded with them 1 month and follows all rules , at time of withdraw they simply blocked me

This company is a scam who dont pay. I had 2 accounts 100k & 500k, have made 4 withdrawal requests and all denied for either copy trading or account management, both are false accusations. After my last negative review i have been unable to log in to mt4, says invalid account, the deny anything is wrong but quite clear they have took my account off me for speaking up. The influx of 1 star reviews all for being denied payouts shows you that they have no intention of paying anyone. I have accounts with Nova and have no issues getting paid. Avoid this scam company

This firm should be avoided. I should have been suspicious, given how many promotions they run daily and weekly to attract new clients—in other words, to bring in cash but never pay people after the 30-day wait period, which is already a long payment cycle. Instead, they come up with excuses not to pay. In my case, they claim my trades come from an external source. I don’t know if they mean copy trading or signals, but I use neither. They provide no proof to back up their claim; we’re just expected to accept that it’s been denied and that this will happen every month. Best to avoid them at all costs.

Cette entreprise est à éviter. J’aurais dû m’en méfier, vu le nombre de promotions qu’ils font chaque jour et chaque semaine pour attirer de nouveaux clients — autrement dit, pour faire rentrer de l’argent dans les caisses, mais sans jamais payer les personnes après les 30 jours d’attente, un délai de paiement déjà très long. À la place, ils trouvent des excuses pour ne pas payer. Dans mon cas, ils prétendent que mes trades proviennent d’une source extérieure. Je ne sais pas s’ils parlent de copy trading ou de signaux, mais je n’utilise ni l’un ni l’autre. Ils ne fournissent aucune preuve de ce qu’ils avancent ; on est juste censé accepter que le paiement est refusé, et que cela va se répéter chaque mois. À éviter à tout prix.

Is that all you could come up with as a response? Yes, I intentionally breached the account after your refusal to pay me following 30 days of trading, allegedly due to copy trading, without providing any proof whatsoever! Most of your so-called payment proofs come from HTF challenge sellers, who are paid through affiliate commissions. But good for those who manage to get paid by you.

As for me, I see no reason to continue with a company that makes false claims to deny payments without providing evidence.

I stand by my opinion: your company should be avoided. It’s pure scam.

SCAM COMPANY!!!

Withdrawal Request Denied - 69868760

We're sorry to inform you that your withdrawal request has been declined.

Decline Reason: Account Management Breach

I’m full time trader FTMO , E8 and many other big company , and this company is pure scam!!! STAY AWAY PLS

worst of the worst prop firms , and first month i didnt get the payout because i was wrong i didn’t read the rules well and I didn’t get my pay out and at the second month i got a payout for 1 account only but my second account got rejected while it was copying the first one with 100% same trades and the month after i tried again and got payout denied
for my 4 accounts can you imagine how scam they are? just 1 thing i gotta say is that they pay for affiliate commission 20% and thats all so this is for affiliates not for traders 👍🏻

Hi
This is excellent support and work here need your good support for better performance in future thanks...