AFF 

Good Day,

How can you just all of a sudden tell us when we noticed we can't trade anymore that you experience technical issues.
And then all of a sudden tell us that you use this downtime as an opportunity to upgrade and implement new things for your clients.

Week in and week out I ask what is going on and get ignored and then all of a sudden I get this from the Support Chat that I must buy a new funded account????? This is a criminal act and there will be HUGE consequences.

I want an immediate refund or I will damage your reputation.

Do not trust at all, it is a fraud company.

This isn’t bluffing or one of those random reviews I got my money and honestly it was the effort of the lawyer I hired and this case lasted for months but I won, don’t give up!!

Complete scamm!!!!!!!! Cheaters!!

Rebranded and simply terminates all accounts.
Good luck these scammers.

This company is absolutely scam.
Support does not exist.
They blocked me on whatsapp and on Instagram because I asked why I can’t log in my account.
If you do not waste your money, run away from them.
Absolutely SCAM.

This so-called "company" is a complete scam. You buy a challenge and they don't give you the account details to start trading. IT IS A COMPLETE SCAM.

I even talked to their "support team" and they said some BS about selling the company, it's just excuses to scam. Now also they offer a huge discount for new challenges, which is just a typical EXIT SCAM protocol that Ponzi schemes usually use to get as much money from you as possible before eventually scamming everybody.

Algoforex seems to be a fraud. I purchase 2 100k accounts both for about $1300 and after trading for some time, I made some profits. All of a sudden, I could not access my accounts anymore. I tried contacting them and was told that they upgrading their platform and will soon be back up. I tried initiating for a withdrawal, no response until my trader dashboard was no longer available. All my mails for update was never responded to. For over a month, I could not access my account. I tried contacting them again and behold I was told to register a gain with a new code which will require me to part with about $300 to have a new account. ALGOFOREXFUNDS ARE FRAUDSTERS.

AFF is a Scam – Stay Away!
I bought a $100K funded account from AFF in January. Around February 10, the platform stopped working, and my account was gone. Since then, all I’ve heard are excuses—server updates, website issues, technical problems.

Now they’re claiming AFF was “acquired” by a new company (which I don’t believe), and they’ve wiped all old accounts. No refunds, no solutions—just straight-up stealing people’s money.

To top it off, they had the nerve to offer me a “new account” at 50% off after taking my original one. What a joke.

This is a total scam. Don’t trust the positive reviews—they’re fake. Stay away from AFF!

Hello, who wants to take a report with the company's proposal, my advice do not take Algo Forex Funds. It is better to find another company. 40-50 percent of the discounts only for attracting customers. And in fact, a purely mosquitoral company. 1 month will pay and everything, do not not approve with the different justification. Personally, I converted the conclusion 2 months. I have one of my familiar the same way. I will repeat the account at the Algo Forex Funds.

100% SCAM..

You want to throw your money away then give it to these scammers.

Total SCAM. All the comments about closing accounts and restarting the company are totally true.

You will NEVER see your money if you donate it to these guys.

Feed the scammers at your peril.

They are a scam and don't send payments don't get scam by them

I had 2 account.
I will explain in full why they are scammers. First, the broker suddenly went down without any prior notice and nothing could be done. I sent a message to support and they gave me this message:
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Hi there, thank you for reaching out. We are having a technical issue with our server presenting downtime, which is being investigated and worked on as we speak.

As soon as we have a resolution, we will make sure all accounts are fixed so you can resume trading without disruption. We apologize for the inconvenience and we will keep everyone informed via our official channels (emails/social media).

Thank you for your cooperation.

Algo Forex Funds
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They didn't say anything about the company being sold, etc. Several days later, I messaged them again and they replied with this email:
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Dear valued customers,

We are currently experiencing a temporary server disruption. Please rest assured that our team is actively working to resolve the issue as quickly as possible.

In addition, we are implementing positive changes that will enhance your overall experience with us. We appreciate your patience and understanding during this time.

Stay tuned for exciting updates coming soon. We will notify you as soon as everything is back to normal.

Thank you for your continued support.

Best regards,
Algo Forex Funds

Algo Forex Funds
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When there was no news and the accounts were still blocked, they sent another email to support with this message:
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We would like to once again express our sincere gratitude for your trust and preference in our services.

We are pleased to inform you that we have undergone a restructuring. Our company has been acquired by another investment group and we now operate completely independent from any third parties.

We also have our own MT5 servers through which you will be trading directly. For full details acces our website: https://...

Happy to assist with any other questions.

Algo Forex Funds
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Then I asked them to open my accounts so I could trade, but to my surprise they gave me this message:
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Hi there, thank you for your message.

We appreciate your concerns. ALGO is effectively a completely new company - it has been acquired by a different investment group and apart from the website domain, everything else is different: teams, accounts, servers, owners, etc.

As such, we have no access to any accounts from the old company and trading servers, nor account history. This means we are unable to simply recreate old accounts that are not related to the new business.

The new management has released a special discount code only for those that were part of the previous business, and for 24 hours only.

Feel free to go through the new company´s website: ... and use the code NEWALGO to get your account.

Looking forward to continuous business.

Algo Forex Funds
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Surprisingly, the accounts I had previously approved were canceled and I was asked to buy another account with a 50% discount. While I had previously purchased and approved an account for nearly $1,500. This company is definitely a scam, don't trust it. Before that, I had requested a withdrawal twice and they didn't pay under the pretext of copy trading.
They are scammers.

Fraudulent company
I tried to withdraw my profits from them, and they told me I had been hacked, even though my work was good and I was good at setting up consistency rules. I asked them what type of hack I had been through, but they didn't respond. The second time I tried to withdraw my profits, I haven't received anything for weeks. Their page and everything else have been changed, and I can't log in anymore, and no one has responded.

algo is the worst company
It is a scam company
Do not trust it
They took my account and profits and did not compensate me and the reason is that the investors were changed
Are you kidding me?

algo are a 100% scam company.

You took my account without paying.

When I asked you, you told me that it was a problem with the server, and now you are telling me that the company has become in the hands of other investors.

Does this mean that you took the profits of all your customers who trusted you? I will tell everyone about this and the monitoring and evaluation company.

Hi, With folded hands I am requesting you to not to purchase any accounts from this company. They have relaunched but its the same old company. Its completely fake. Their servers stopped working more than two weeks. If you check all the good reviews, it were posted during the last two to three weeks . Please do not waste your money. I lost a quite a good amount as i took it due to a referral from genuine contact.

I had a 50k account which they took away from me without prior notice, their excuse is that they changed owners and since I didn't get the account with them, they took it away from me and I have to buy another one from them (with a discount haha, go to hell)

I have been with Algo for about 3 months,made profit the first month,but when I wanted to withdraw they said I have been copy trading,I have sent them a mail back please show me 1 copied trade as they can see 100% of my trades was placed by my EA,still no response back after several mails sent.Few weeks ago it seem I cant access my account anymore as well,have sent few mails but still no response back

This is my 2nd review and that’s only because I see they keep giving themselves FAKE 5* reviews. Trustpilot is really not credible, not by a million miles and it’s a shame that they enable fraudulent companies like these to scam people.

I suggest we match their energy and give multiple 1* reviews, after all “two can play that game”. I also suggest we report their Telegram so they can tag their channel with the SCAM badge and also report their broker to MT5 and try to have their licence taken away. Don’t say that’s too much of a ask, evil only prevails when good people refuse to act. I already have my group doing this, so kindly join us to do the same for the good of our industry