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
Algo Forex Funds trying to manipulate public opinion
Algo Forex Funds is a complete scam. Followed all their rules and guidelines, but I didn't get single payout.
The positive reviews on Trustpilot are fake, and they're written by the company itself. It shows how they're trying to manipulate public opinion.
The payout proof showcased on YouTube is also fake, the company has paid influencers to promote their scam.
This company is trying to silence critics and maintain a fake reputation.
Scammers
Scammers, dont be fool by their artificial entries on trust pilot aimin to increase the overall score. The server is down for one week now but only for accounts which are in profit. No helpdesk support. Usually if server is broken, it is being fixed within hours, not weeks. I WANT TO RECEIVE BACK MY MONEY!!
They are going to run away now.
They are going to run away now.. And reopen new company with new names.
Good bye. Scam company
Never pay.
Scammed! Don’t waste your time and money
I have received 2 pay-outs around 500usd on my 250k account. The biggest one of 2600 denied because of copytrading?! Strange! Last saturday I tried to recieve my 4th pay-out of 750 USD but suddenly I am no longer able to login my MT4 account. Without any explanation, or feedback on my e-mails they closed my account. Customerservice did not answer my multiple e-mails as well. What a complete joke this poor company. Don’t waste your time and money on these scammers.
AVOID AT ALL COSTS!
AVOID AT ALL COSTS!
I bought 2 accounts and passed both myself with no bots or management. I then made under the max profit for the 1st withdrawal of $2500 on each account and requested a withdrawal. Both rejected - one saying Copy Trading and another for Account Management. They let me keep my account so made back the profit but slightly less of £2000. STILL REJECTED, again for copy trading. I asked them to send proof and they said they couldn't.
I didn't breach their consistency or lots size rules.
Waste of money- wish I'd have read the reviews properly before purchasing!
Currently have an FTMO & FXIFY account and have just had my first bi-weekly payout with FXIFY! Just purchased the FTMO and passing myself gradually,
can not access the trading platform…
can not access the trading platform since yesterday.
Did they shut down
Did they shut down? my mt4 account has been disabled for no reason for weeks. I have emailed to the support several times and still they haven't replied back. What is going on?
Worst experience of all time
Worst experience of all time, scammers! Avoid this PROP FIRM AT ALL COSTS
Everything they say it’s a lie do not…
Everything they say it’s a lie do not fall for this scam but the details on my user name helped me out
They are paid by you
They are paid by you, and you will never make money from them. I've shifted my attention to a superior company like HILLBILLY, which has so far shown great stability and easy investment growth.
TERRIBLE EXPERIENCE
Enough complaining here, do good to yourself and seek help to get back your loss funds from this company through my profile picture.
TOTAL SCAM
They are total scam. I have my request payout declined for no reason. If you write to support, they just send you an automatically message with excuses. DONT BUY IT
Stay away save ur money and time
My name is Muhammad Milad Youniszad
My name is Muhammad Milad Youniszad
mmyouniszad
Account holder 69870327
I have earned about $80,000 on algo 500k aaccount in 5 months but they rejected my all payouts
now my family memebers also thrown me out of house
its a humble request from algo forex plz giv me at least 20k of the eearned money so thst i can strt a business or do something for my family its a humble request plzzz plzz
In instagram whenever i text them no buddy answers somwtimes they say if u call again we will blok ur account plzz giv me some portion of my money i live in pakistan and i live in a pooor family i have nothing ledt plzz give me some of my payouts plz at least 15k to 20k itr will be enough for me to do somthing ne to spend life easily
thy denied 5 payouts saying copy trad account managmnt etc but i provided them proofs and videos of my startegies thy i do my ownself trading
Its a humble request from algo team to plz giv me some of my payouts so i can trade more with u guys best of luck
Scam company
I bought account and had nice trades…
I bought account and had nice trades without breaching their consistency and lots size rules and Algoforex funds declined payout with very unnecessary and terrible claims that I broke account management rule while I executed all the trades by myself.
Please can you review my account and release my payout .
Account was bought and managed by me..
Where to Report This Scam:
WARNING: Algo Forex Funds is a SCAM!
They operate purely by selling challenges and never paying out profitable traders. If you are thinking about joining this firm, DO NOT FALL FOR IT!
3 PAYOUTS CONTINUOUS DENIEL.
Where to Report This Scam:
If you’ve been scammed by Algo Forex Funds, report them immediately:
🔹 Action Fraud UK (for UK-based traders) – actionfraud.police.uk
🔹 FCA (Financial Conduct Authority, UK) – fca.org.uk
🔹 CFTC (for US traders) – cftc.gov
🔹 Your local financial regulatory body
⚠️ BEWARE! Algo Forex Funds is a complete fraud. They will take your money and refuse to pay you! 🚨
💬 If you’ve been scammed by them, leave a review and report them! Let’s stop these scammers from taking advantage of more traders.
Algo Forex Funds
Algo Forex Funds – SCAM! 100K+ Accounts Will NEVER Get Paid!
If you have a 100K+ account with Algo Forex Funds, DON’T EXPECT TO GET PAID!
I traded a 100K+ funded account, followed every rule, managed risk properly, and made consistent profits. But when it came time to withdraw, they declined every payout request for three months straight with the same fake excuse: “copy trading and account management.”
Why You Should NEVER Trust Algo Forex Funds:
❌ 100K+ accounts are bait – They let you pass the challenge but NEVER allow withdrawals.
❌ Excuses, excuses, excuses – Every profitable trader gets hit with the same fake “copy trading” excuse when trying to withdraw.
❌ No proof, no transparency – They never show real evidence for their accusations.
❌ Their system is rigged – Even if you follow every rule, they will find a reason to decline your payout.
❌ Fake business model – They make money from challenge fees, not from paying traders.
I have seen many traders with 100K+ accounts denied payments, and they will do the same to you. Their goal is to trap you into buying challenges but never let you withdraw profits.
Final Warning: STAY AWAY!
If you’re thinking about signing up with Algo Forex Funds, DON’T DO IT! They are a scam, and I will continue exposing their fraudulent business until they are shut down.
✅ Go with a real prop firm that actually pays traders. Algo Forex Funds is nothing but a fraudulent company stealing from traders. You’ve been warned!
– SCAM ALERT
– SCAM ALERT! Repeated Payout Denials!
⭐ 0/5
I had 12 clients affiliated with Algo Forex Funds, thinking they were a legitimate prop firm. However, after three months of repeated payout denials, I can confidently say that they are nothing but scammers!
For three consecutive months (November 2024, December 2024, and January 2025), my withdrawal requests were declined with the same fake excuse: “copy trading and account management.” This is their go-to tactic to avoid paying traders.
Why You Should Stay Away from Algo Forex Funds:
❌ Payouts are NEVER honored – They always find an excuse to block withdrawals.
❌ Fake accusations – They accuse traders of copy trading without any proof just to deny payments.
❌ Support is useless – They ignore real concerns and repeat the same scripted responses.
❌ False advertising – They claim to be a fair prop firm but never pay profitable traders.
❌ Affiliates are scammed too – I referred 12 clients, and now my reputation is ruined because none of them got paid!
This company is a well-planned scam, tricking traders into buying challenges but never allowing withdrawals. If you’re thinking about buying their challenge, DON’T!
I will be reporting them to financial regulators and warning every trader possible. DO NOT FALL FOR THIS SCAM!
Scam just like any other prop firm
So.. After months of hard work and trading they have denied me again.. what a surprise. At first I thought that maybe they were different as I did get paid out twice before. Unfortunately, with really crap rules that made my profit of 8k turn into 1.2k cause of max caps but what ever besides the point. For the last two months I have been denied for "copy trading" and just now denied for "account management breach". Im sorry, whatttt?? My trading style hasn't changed from my initial first two withdrawals so why am I getting denied now? I do my own trades and now a breach for account management? Like what the fuq. I trade on my PC at home alone so how on earth is that possible? I swear all this company does is just choose a small percentage of people to randomly give them a payout and deny everyone else. What a joke. Give me my money back you scam company.
Account number: 69876574
Sort your sh*t. I respected and followed all the rules.
Waste of my time.
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