Absolute GARBAGE! I was told their PAMM account was safe, secure and consistent in 3% per month average positive returns. I understood that there would be negative months as in any trading platform. B... See more
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So I gave these people $15,000 they promised me four bots and I only got two my account lost money for a month straight so I went for my money back and guarantee that was promised, and they just keep... See more
I started with Korvato Fall 2025. They recommended ORCA Markets as the FX broker. Bad choice. ORCA went dark in December... all monies are gone...stole... embezzled. I was within the guarantee refund... See more
Been with Korvato for about 7 months, they are the best algo I’ve used thus far and I’ve tried many. What separates them from the pack is their ability to fine tune their algo to adapt to changing ma... See more
Company replied
Company details
Written by the company
Forget the fluff, here’s who we are. We help people MAKE MONEY in their sleep. Yes, we’re serious. Too good to be true? Nope, keep reading. Basically, we have an AI software that we created to make ourselves more money, and now, we’re sharing it with you.
Contact info
60 Flagler Street, 33137, Miami, United States
- support@korvato.com
- korvato.com
Breach of guidelines
Do not use Korvato!
This company is turning out to be a scam. I put my initial deposit in and then requested a refund based on user feedback and losses they had said they suffered in the market. I requested my refund in September. It’s now mute end of November and I’m still waiting. The only good thing is they haven’t ghosted me yet. Do not put your money in this company’s hands or you may never see it again.
25 November 2025
Unprompted review
No Refund after 3 months
September 26th I requested a refund of $12500 paid for software. I had a contract stated I can cancel with full refund within 120 days which I did. Today is November 21st and still no refund. All they told me in emails that I am in the refund que and it takes 1-2 months. The 2 months are passed soon. Let's see what happens.
Update:
Korvato went totally silent and I disputed the transaction through my bank. I got temporary refund after 10 days. Now I am waiting to see if I can keep it.
My final advice
R U NNNNNNN away from Korvato as fast as you can!!!
23 September 2025
Unprompted review
They are just liars - there’s no 90 day guarantee as claimed
They are just liars. I subscribed on August 2. Paid deposit w Citibank, balance with Amex, paid transaction fee for using Amex (3%). Implemented and unhappy w performance. Requested refund according to 90 day money back guarantee on Sept 25. Held calls with transcription provided by Korvato on Sept 25, emailed cancellation request again on Sept 28, held 2nd call w Acct Mgr 0ct 3 with transcription provided by Korvato, in which AM indicated refund request was within policy, would request refund from finance dept and they would update me. They did not update me, no refund, no further correspondence. I requested chargeback from Amex about a week later.
Today I received from Amex information that I’d been rebilled because “merchant has provided supporting documentation including cancellation and refund policy stating that the purchase was nonrefundable,” including some unsigned paperwork I’d not seen before appended to the Software Purchase Agreement that in section 2, states the 90 day money back guarantee. Amex has acknowledged this and I have also forwarded them call transcripts and my emails requesting cancellation and them agreeing to it, as well as my recording and a transcript of Oct 2 webinar, which again reiterated the 90 day satisfaction guarantee.
I requested the refund in less than 90 days, per policy, they agreed to the refund but never processed it, I disputed it with Amex and Korvato lied to Amex saying the license was non refundable. I’ve reopened the dispute w Amex and provided the additional documents and electronically generated call and webinar transcripts. They’ve agreed to take another look at it. I haven’t had access or used the software since Sept 25, when I started to divest and pull funds back (minus losses) from the trading account.
Just the summary: they said there was a 90 day guarantee, they agreed to honor it, they didn’t, and they lied in writing to Amex. Hoping this resolves in my favor but warning you this is NOT a reputable company.
The individuals at Korvato I worked with: Grant McDonell salesperson Aries Villasis implementation Rehman Baloch account manager
I regret doing business with Korvato .. I’m not a naive investor, but this bot doesn’t work and this company is not reputable.
18 November 2025
Unprompted review
Reply from Korvato
Thank you for sharing your feedback. We want to clarify that we have a standard refund process in place, and we always recommend following the proper steps by contacting us directly. This helps us resolve any issues quickly and efficiently.
We understand your frustration, and we did our best to handle your request according to our policies. When a dispute is filed directly with a payment provider like Amex without going through us first, it can delay the resolution.
We truly value our customers and are committed to resolving any concerns fairly. We’re happy to review your case again and work with Amex to clarify the situation based on the documentation we've provided. Please feel free to reach out if you’d like us to assist further—our goal is to help find a fair resolution.
Promise of consitent gains and capital…
Promise of consitent gains and capital preservation. Started out around July and 2nd week in and had a 17K stop loss. Started to recover and within 2 months had another 23K stop loss. Consistent is correct but consisten losses. This is not a pre-retirement plan. Plan to pick up a second job to make up for the losses you are about to incur. Called to get refund and was told to file dispute with CC because they are having issues with their CC and they will approve it. Filed dispute a month ago and still being disputed. Everything experienced with this company so far has been nothing but lies, one upon another. Stay away and find a more trust worthy company to do business with.
14 November 2025
Unprompted review
Reply from Korvato
Dear Thinh,
Thank you for sharing your feedback. We sincerely regret hearing about your experience and understand your concerns. Our algorithms are designed with a strong focus on capital preservation and consistent performance. They incorporate advanced risk management tools, including strict stop-loss levels, which serve as the last line of defense to protect your account from significant losses during volatile market conditions.
To help diversify risk and adapt to different market environments, we offer a variety of algorithms. This diversification greatly reduces the likelihood of experiencing severe losses similar to those you've described. Many of our clients have benefited from deploying multiple strategies that complement each other, minimizing exposure to market fluctuations.
While trading always involves some level of risk, we believe in transparency and responsible investment practices. We encourage you to explore these diversification options, which can help make such situations less likely in the future.
Regarding your dispute, we apologize for any inconvenience and recommend working directly with your credit card provider for resolution. We are committed to maintaining trust and continuously improving our service.
If you'd like to discuss your specific case further or learn more about our diversified strategies, please contact our support team. We are dedicated to providing trustworthy, effective, and risk-aware trading solutions and hope to regain your confidence.
Lost 22% in a single day,
Lost 22% in a single day,
I invested $50,000 in August and earned 4% the first month. then there was a sudden drawdown of 22%. I withdrew my funds and requested a refund within the 60 day period for a refund but no refund has been made as of yet. I would stay away from this company.
22 September 2025
Unprompted review
Reply from Korvato
Dear Garrett Sullivan,
Thank you for sharing your experience. We understand your concerns and sincerely regret any inconvenience caused. Our algorithms are designed with a strong focus on capital protection and consistent performance. They include advanced risk management features, such as carefully configured stop-loss levels, which act as the final safeguard to prevent significant losses in volatile markets.
While short-term fluctuations and drawdowns can occur, especially in unpredictable market conditions, we also offer a range of diversified algorithms. This allows investors to spread risk across multiple strategies, significantly reducing the likelihood of experiencing sharp losses in a single position.
Regarding your refund request, we apologize for the delay and recommend reaching out directly to our support team so we can assist you promptly. Customer satisfaction and trust are our priorities, and we are committed to resolving any issues.
We encourage investors to consider diversification to manage risk effectively and to review our full range of strategies. We are confident that our solutions can provide a reliable and transparent trading experience.
Thank you for your feedback, and we hope to have the opportunity to serve you better in the future.
They invited me to sign up again giving…
Give these guys a break They care about their customers they're doing everything they can in these volatile times with social media President Trump and everything's gone crazy in the stock market these people care about the reputation about their business about the money that their customers are making They want people to be successful and they are working to make sure that happens Do not give up on them You will be making a mistake.
5 November 2025
Unprompted review
Reply from Korvato
Thank you so much for sharing your thoughts and support! We truly appreciate your understanding and trust, especially during these unpredictable market conditions. Our entire team is committed to transparency, improvement, and ensuring every client’s long-term success. We’re grateful for clients like you who recognize the effort we put into making Korvato stronger every day.
— The Korvato Team
I joined Korvato September 11th under…
**PAY ATTENTION TO HOW THEY IGNORE BAD REVIEWS FROM REAL CUSTOMERS***
I joined Korvato September 11th under the 90 day no questions asked refund. While it worked for some i do not see the value in investing $13,000 for a software that is yet to be profitable and i decided to cancel my subsription october 23rd. Since then, i have been getting the run arounds, integrity seems to be a major problem here. i have sent multiple emails, talked to different reps and politely asked for a refund which is well under the 90 day return policy. I am highly disappointed to say the least.
Update 11/17/25: I filed a dispute with my credit card company because Korvato has refused to refund me my full balance. They tried negotiating with me to accept $9,000 and forfeit $4000 or take monthly payments up to 6-9 months which i have again refused. Now they are claiming they can't refund my money because I am disputing the claim.
This is not meant to give them a bad name because i know some of their reps are honest rwther this is for the next customer to make informed decisions. Be careful about signing in and expecting a refund within 90 days. I highly doubt you would get your full refund the same way you paid it.
I would let you all know how it goes.
3 November 2025
Unprompted review
Reply from Korvato
Dear Ben Ossai,
Thank you for sharing your feedback. We genuinely regret any frustration you’ve experienced and appreciate the opportunity to address your concerns. Our primary goal is to provide reliable trading solutions built on transparency, risk management, and customer support.
Regarding your investment, our algorithms are designed with safety measures, including stop-loss mechanisms, to help protect capital during volatile market conditions. While short-term results can vary, many clients find value in our diversified strategies that aim for steady growth over time.
We sincerely apologize if there have been delays or miscommunications regarding your refund. We take all customer requests seriously and are committed to resolving them promptly. Please contact our support team directly so we can personally assist you and ensure your concerns are addressed as quickly as possible.
We value your feedback and encourage all prospective clients to review our full range of strategies and risk management features. Our approach aims to provide a trustworthy and effective trading experience, and we hope to have the opportunity to earn your confidence again in the future.
Stay as far away from this company
Stay as far away from this company as possible. It's been an absolute nightmare for me. From day one the wire I sent to them was returned and then I was instructed to send the wire to a bank in China, that should have been my first clue. Then they held my money and told me to send another wire from my personal account instead of my business account. I waited over 1 month for them to return the wire but only after threatening them. In August they promised to return the initial payment for the program and it's now November and I'm still waiting
9 July 2025
Unprompted review
Reply from Korvato
Dear Bernie,
Thank you for sharing your feedback. We sincerely apologize for any frustration you've experienced. We want to clarify that as a software company, we do not handle or process client funds directly. All wire transfers are managed by the broker you chose to work with, and regulatory or banking issues related to those transfers are outside of our control.
While we can assist and support our clients in navigating our platform and strategies, the handling of funds and related matters are governed by the broker and applicable financial laws. We strongly encourage you to continue working directly with your broker to resolve any issues regarding your funds or refund.
Our algorithms include risk management features, such as stop-loss protections, designed to help safeguard your investments. We remain committed to providing reliable software solutions and supporting your trading journey.
Please feel free to contact our support team if you need further assistance related to our platform. We appreciate your understanding and hope to help you move forward.
They lie about the performance of their…
They lie about the performance of their product. It has 3 downturns in 2025 but they did not reveal this prior to signing up for product. I lost $17 k in 2 hours in my first 2 weeks because the bot went BONKO CRA CRA and just started making crazy trades with a 0.5% change in market for the day. They were recommending not using Optimus after this to their existing clients moving them to other software bots. YET They continue to sign up unnexpecting customers. THIS IS A SCAM A FRAUD. DONT DO IT !!!!!!!!!!!! Delana Potter
1 October 2025
Unprompted review
Reply from Korvato
Dear Delana Potter,
Thank you for sharing your feedback. We genuinely regret that your experience did not meet your expectations. We understand how concerning market downturns and trading fluctuations can be, and we take transparency very seriously. Like all trading strategies, our algorithms may experience periods of downturn, especially in volatile markets, but they are designed with risk management features, including carefully set stop-loss levels, to help protect capital and minimize potential losses.
Regarding the performance in 2025, we continuously review and improve our strategies to ensure they perform reliably over different market conditions. We also recommend that clients employ prudent risk management and diversify their investments to mitigate risks associated with market swings.
Our goal is always to maintain transparency and integrity, and we are committed to providing accurate information about our products and their capabilities. We encourage any prospective clients to thoroughly research and consider their risk tolerance before investing.
If you have any further questions or would like to discuss your concerns directly, please contact our support team. We appreciate your feedback and remain dedicated to serving our clients responsibly.
They over promised & vastly under…
They over promised & under delivered. The idea is great & I was sold looking back on the 3 year track record. But my experience has been negative... Negative over $13,000.00 dollars on a $50,000.00 investment..They say they are repairing/upgrading the product....I have requested a refund & have been given the runaround....They were very good at set up, but once the product stopped preforming they have been missing in action.
19 October 2025
Unprompted review
Reply from Korvato
Dear Gary,
Thank you for sharing your feedback. We sincerely regret that your experience did not meet your expectations. Our team is committed to continuous improvement, and we are actively working on repairs and upgrades to enhance the performance of our products.
We understand the importance of trust and transparency, especially during challenging times, and we apologize if your refund process has been delayed. We take your concerns seriously and are dedicated to resolving this matter promptly. Please contact our support team directly so we can assist you further and ensure your request is handled with the attention it deserves.
While trading involves inherent risks, including potential losses, our goal is always to support our clients with integrity and transparency. We appreciate your feedback as it helps us improve and serve you better.
Thank you for your patience.
I run a business and don’t have time to…
I run a business and don’t have time to trade, so automation was a must for me. I’ve been with Korvato for almost a year now and I’m averaging 11–13% monthly on a mixed setup of EUR/USD and Gold. I didn’t have to deal with the July volatility much because support handled everything behind the scenes and the bots risk management is spectacular.Paul in sales and Pia from onboarding have been outstanding and very communicative. Even though I'm busy I can appreciate how communicative everyone is.
17 October 2025
Unprompted review
Reply from Korvato
Thank you for such an incredible review! We’re thrilled to hear that Korvato has been the perfect fit for your busy schedule. One of our main goals is to give business owners like you the ability to grow their capital through automation without the stress or time commitment of manual trading.
It’s fantastic to know your mixed EUR/USD and Gold setup has been performing strongly, and that our support team helped you navigate the July volatility smoothly. We’re also glad to hear that Paul and Pia made your onboarding and communication experience seamless, they’ll be so happy to know their efforts made a difference.
We truly appreciate your trust and partnership. Here’s to continued success, steady returns, and even more growth ahead!
— The Korvato Team
Been using Korvato for months now and…
Been using Korvato for months now and so far it's been steady profits, zero stress and great support.
13 October 2025
Unprompted review
Reply from Korvato
Thank you for sharing your experience! We’re so glad to hear that your journey with Korvato has been smooth, profitable, and stress-free.
Consistent results and dependable support are exactly what we strive to deliver, and it’s great to know you’ve experienced both.
Your trust and satisfaction mean a lot to us, we’re excited to continue helping you grow and making your trading experience as effortless as possible.
— The Korvato Team
Six months in
Got started with Optimus back in April, setup was easy on Plexytrade using the PAMM. I wanted the set it and forget it option, and it has delivered. I get about 3 to 5% a month, nice and steady. Just added the BTC and Gold bot. My account manager Marcus has been great, got everything he and my original salesman promised.
22 October 2025
Unprompted review
Reply from Korvato
Thank you for sharing your six-month experience! We’re thrilled to hear that your journey with the Optimus bot has been smooth and steady, exactly the kind of “set it and forget it” experience we aim to provide. Consistent 3–5% monthly growth is a great reflection of how the strategy performs when aligned with your goals.
It’s also wonderful to know that Marcus and your onboarding team delivered on everything promised and made the process effortless for you. Adding the BTC and Gold bots is an excellent next step toward diversification, and we’re excited for you to see how they complement your portfolio.
We truly appreciate your trust and commitment to Korvato, here’s to continued steady gains and long-term success!
— The Korvato Team
I have been trading with Korvato for a…
I have been trading with Korvato for a few months now... bot earning slowing, then over $15K loss in one day! I reach out to see what is going on, after several attempts to reach someone, i finally get an email back 3 days later saying i need to update my VPS. Get that resolved, and same thing... I am down over $25K and these people don't seem to care. Once they got my money, hard to get hold of...
21 October 2025
Unprompted review
Reply from Korvato
Dear Spencer Davenport,
Thank you for sharing your experience. We sincerely apologize for any frustration caused and want to clarify that we are a software provider and do not have direct access to or control over your funds. All trading is conducted through your chosen broker, and market fluctuations, including losses, are part of trading risks that can impact any strategy.
Regarding support delays, we regret any inconvenience and are dedicated to assisting our clients promptly. We encourage you to reach out again to our support team so we can assist you directly and help review your account or any issues.
Our algorithms are designed with risk management features, including stop-loss mechanisms, to help safeguard investments during volatile periods. While losses can occur, especially in unpredictable markets, we remain committed to transparency and responsible trading.
We value your feedback and aim to support our clients at every step. Please contact our support team directly so we can look into your concerns further and assist you.
Diego is very helpful in explaining and…
Diego is very helpful in explaining and reviewing my account. He responds very quickly when I need support with my questions and concerns. Diego is a great asset to the Korvato team.
11 October 2025
Unprompted review
Reply from Korvato
Thank you so much for sharing your experience! We’re thrilled to hear that Diego has been such a great support for you. His ability to clearly explain account details and respond quickly is exactly the level of service we strive to provide for every client.
We’ll be sure to share your kind words with him, he’ll be very happy to know his efforts are making a difference. We truly appreciate your trust and are glad to have you as part of the Korvato community.
— The Korvato Team
Most importantly he show up and does…
Most importantly he show up and does what he says!
15 October 2025
Unprompted review
Reply from Korvato
Thank you so much for your kind words! Reliability and integrity are values we take very seriously, and it’s great to hear that it shows through in your experience. We believe that consistency, transparency, and following through on every promise are what truly build long-term trust and results.
We’re thrilled to know you’ve had a positive experience, your feedback motivates us to keep delivering on our word every single time.
— The Korvato Team
Diego is able describe differences…
Diego is able describe differences between the available investing strategies and show actual returns and results.
14 October 2025
Unprompted review
Reply from Korvato
Thank you for sharing your feedback! We’re delighted to hear that Diego was able to clearly explain the differences between our investing strategies and walk you through real results. Transparency and education are key parts of the Korvato experience, we always want our clients to fully understand their options and feel confident in the approach that best fits their goals.
We’ll be sure to share your kind words with Diego, he’ll be very glad to know his efforts made a positive impact.
— The Korvato Team
SCAM?
I have completely lost all my money all $30K from ORCA (a broker that KORVATO recommended). I have been trying to get my refund from subscribing with them (another $30K) and as of this writing they have not given me any response. I still want to give this company the benefit of the doubt that they are not involved in any way with ORCA but their lack of response to my refund request is convincing me that they too are involved.
7 October 2025
Unprompted review
Reply from Korvato
Thank you for sharing your experience! We’re glad to hear that you’re off to a positive start and happy with your results so far. Consistency in performance is something we continually strive for, and we’re confident you’ll see that stability and steady growth over time as your journey with Korvato continues.
We also appreciate your kind words about our team, they’re dedicated to making sure every client feels supported, informed, and confident every step of the way.
We’re excited to keep earning your trust and look forward to seeing your results grow even more in the months ahead.
— The Korvato Team
Korvato LOSES 26% in one day!
1. Signed up with Korvato March 12, 2025.
2. Trading began March 20, 2025 and was exclusively traded by Korvato, no manual trades.
3. They made small daily profits most days until April 10, 2025 totaling about $1,000.00 profit.
4. Korvato LOST $7,482.61 on April 11, 2025.
5. The money back guarantee requires 30 days of trading but a loss of 26% in ONE DAY = no need to continue!
6. Had to fight with them via a chargeback to gain a refund.
7. NOT a robot I'd recommend using due to substantial loss!
12 March 2025
Unprompted review
Reply from Korvato
Dear John Slenes,
Thank you for sharing your feedback. We sincerely regret your experience did not meet your expectations. Trading naturally involves risks, particularly in today’s unprecedented economic times, but we continuously work tirelessly to enhance our strategies and protect our clients during volatile periods.
Our suite of multiple algorithms is specifically designed to diversify risk and adapt to changing market conditions. These strategies incorporate advanced risk management features, such as stop-loss levels, to help limit potential losses and safeguard your capital. While unpredictable market swings can cause setbacks, our goal is always to minimize these in all possible ways.
We encourage you to contact our support team directly to discuss your concerns further. We stand behind our 30-day money-back guarantee and are committed to supporting our clients through transparent and responsible trading.
Thank you again for your feedback. We hope to have the opportunity to provide a more positive experience moving forward.
I started with Korvato in January of…
I started with Korvato in January of this year. I was very happy up until July when I experienced a significant loss - almost 10% of my account in one day. It would have been more had I not turned off the bot.
This is where the problem is with this solution. The Bot performs fine when markets aren't turbulent. However, when they are, which is going to happen, the bot continues to over trade (aka. martingale style) where it just doubles down and before you know it, you have huge losses that mount up very quickly.
The FOREX markets of today have become volatile and as a result, this bot simply can't perform reliably. I have pulled all my funds and am thankful I was able to almost break even. Definitely not the 5%/month that is marketed.
7 October 2025
Unprompted review
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