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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See what reviewers are saying
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
DIego provides outstanding customer services
DIego has outstanding customer service skills. Although I have been experiencing hiccups, Allie and Diego have been responding to all of my inquiries with great insights.
24 September 2025
Unprompted review
Reply from Korvato
Thank you for sharing your experience! We’re so glad to hear that Diego and Allie have been able to support you with helpful insights and timely responses. Even when challenges come up, our goal is to make sure you feel heard and taken care of every step of the way.
We’ll be sure to pass your kind words along to both Diego and Allie they’ll be thrilled to know their efforts are making a difference.
– The Korvato Team
Very helpful
Very helpful. Courteous. Going out of way to help. On time for his Zoom calls. Explained very well the working of Forex and Korvato
24 September 2025
Unprompted review
Reply from Korvato
Thank you for sharing your experience! We’re so glad to hear that our team was able to be helpful, courteous, and thorough in explaining both Forex and how Korvato works. Being on time and making sure everything is clearly understood is exactly the kind of service we strive to deliver.
We truly appreciate your feedback and are happy to know you’ve had such a positive experience with us.
– The Korvato Team
I started with Korvato in April of…
I started with Korvato in April of 2022. The set up was very easy! They set up my account it was very easy! I needed help later to add money after my account did well. Oscar and Percy were very helpful and walk me through the process. Thank you!
22 September 2025
Unprompted review
This is one of the only AI bots in the…
This is one of the only AI bots in the market with a 4-year track record. In the time I've been here, there was one scary month, the first down month they've ever had. Company leadership made themselves available to discuss what happened and what the plan was. There's always risk, but there's not always this level of transparency. Amazing!
Diego Pineda is my account manager. He is always available to answer my questions and to explain things when I am not sure what is going on. Even better, his enthusiasm and faith in the company is infectious; he truly believes in Korvato and you can tell.
Looking to the future, Korvato is rolling out new bots in new markets. This is the company this is not resting; they are looking for ways to help us all grow financially. I look forward to a long partnership with Korvato.
22 September 2025
Unprompted review
Reply from Korvato
Thank you for such a thoughtful review! We truly appreciate your recognition of both our long track record and our commitment to transparency even during more challenging market periods. It’s great to hear that Diego has been such a valuable resource for you; we’re lucky to have him on our team supporting clients with his energy and dedication. We’re also excited about the new bots and opportunities ahead, and we’re grateful to have you with us on this journey. Here’s to a strong and lasting partnership!
My Korvato representative
My Korvato representative, Diego is always available and helpful with data driven solution for my account.
19 September 2025
Unprompted review
Reply from Korvato
Thank you for your kind words! We’re so glad to hear that Diego has been able to provide you with timely, data-driven support. Our team is committed to ensuring you feel confident and well-informed at every step, and we truly appreciate your trust in Korvato.
Offshore accounts that are uninsured were a no go for me
There are important details the company does not tell you. For example, the overseas accounts are NOT insured. They told me if I go with the Australian account it has the same type of FDIC insurance. It does not. I believe there is more risk in having the overseas accounts than there is in the trading platform. I paid $18K and it was difficult to get a refund - i got a bit of run around and then told to schedule an appointment 8 days out. Then during the appt I was told it will take a few days to process the refund. After four days, I had to file a dispute with American Express which resolved in my favor.
20 August 2025
Unprompted review
Reply from Korvato
Thank you for taking the time to share your feedback. We’re truly sorry to hear about your experience and the frustration you encountered during your refund process. Transparency and trust are extremely important to us, and we take concerns like this very seriously.
To clarify, Korvato itself is not a banking institution, and while our partnered brokers and custodial accounts operate under regulated jurisdictions, they do not carry FDIC insurance, as that coverage applies only to U.S. banks. We make every effort to ensure clients understand these details during onboarding and documentation, but we understand how this can still cause concern, especially for clients newer to international brokerage structures.
We’re glad to hear your funds were successfully returned, but we sincerely apologize that the process did not feel as smooth or timely as it should have been. Your feedback is being reviewed internally so we can improve our communication and refund handling procedures moving forward.
We appreciate your honesty and wish you the very best in your future financial endeavors.
— The Korvato Team
Great returns and professional customer…
Great returns and professional customer service, they under promise and over deliver. I've purchased several trading algo's and theirs beats all the rest. Their bot paid for itself in less than 45 days.
Thanks Korvato.
16 July 2025
Unprompted review
Reply from Korvato
Thank you so much for sharing your experience! We’re thrilled to hear that you’ve had such strong results and that the bot has already paid for itself so quickly. We take pride in keeping things realistic and delivering beyond expectations, so your feedback means a lot. We truly appreciate your trust in Korvato and look forward to supporting your continued success.
The follow up is great for my assurance…
The follow up is great for my assurance about the product.
19 September 2025
Unprompted review
Reply from Korvato
Thank you for your feedback! We’re so glad to hear that the follow-ups have given you peace of mind and confidence in the product. Providing ongoing support and assurance is a big part of what we strive for, and it’s great to know it’s been helpful for you.
Professional service, good performance
So we had a hiccup at the beginning with the market and a bit of a downturn.... but since then the bot has performed as expected. Customer Service (Diego and others) has been very responsive, super professional, and a pleasure to work with. Very helpful in keeping my peace of mind, working through questions and issues with my account, etc. I'm still early in my experience with Korvato, but very happy with them so far... much better than my previous foray into this type of trading.
19 September 2025
Unprompted review
Reply from Korvato
Thank you for sharing your experience! We appreciate your patience through the early market challenges and are glad to hear the bot is now performing as expected. It’s great to know Diego and the team have been able to support you and provide peace of mind along the way. We’re excited to continue this journey with you and look forward to building even more positive results together!
Diego has been great
Diego has been informative, proactive and easy to understand.
19 September 2025
Unprompted review
Reply from Korvato
Thanks for the shoutout! We’ll make sure Diego sees this, he’ll be glad to know his support made things clear and easy for you. Appreciate you taking the time to share!
Has not conformed to a signed contract for a refund.
Went into this with a 50% upfront cost in June. By mid July I decided that this was not for me. I requested a refund per there 90 day 'no questions asked' policy. Contacted person who sold the program, and he responded you'll get your refund please contact customer support. Sent many, 6+ email to customer support....no response. Tried calling no response. I do not trust them. There appears to be several 1 star ratings ??????
Update: After this review was posted they went out of their way to communicate and execute the refund. Thank you
18 June 2025
Unprompted review
Reply from Korvato
Dear Brian,
Thank you for sharing your feedback. We sincerely apologize for the initial delay in response and any frustration it may have caused. We understand how important timely support and trust are, and we deeply value your satisfaction.
We are pleased to hear that, after your review, our team was able to communicate effectively and process your refund promptly. We continuously strive to improve our support services and ensure a positive experience for all clients.
Your feedback is vital to us, and we appreciate your patience. If you have any further questions or need assistance, please don’t hesitate to reach out directly. We are committed to providing transparent and reliable service.
Thank you for giving us the opportunity to resolve this matter.
Dreadful experience
This was a horrible experience. I had already started my refund request, but I did have one day of trading on the bot, resulting in a 2.6% loss on that single day. They wanted to delay my refund, so I had to cancel my credit card payment for the bot. I received different answers from Korvado and the brokerage they forced into me as a snap decision without providing me with any information before the start of "onboarding", as I had requested. I felt that I was treated poorly by the salesperson (who was unable to answer any questions and would say things like "Why did you set up in PAMM? My fiance has the VPS, why not you?"). The "onboarding" specialist in Asia was also quite reluctant to fully answer questions.
I felt so totally disrespected that I could not possibly stay with such a company. I asked about needing to install software during my first meeting, and received a lie (the VPS option is indeed software that you must install and monitor daily.) I had asked repeatedly about the difference between PAMM and VPS options, and was never able to get a complete answer.
Finally, Charles Schwab fraud detection contacted me to alert me that the account I sent my initial deposit to had been previously flagged for fraud. I'm glad I was able to get nearly all my money back! I'm feeling even better that I'm not dealing with these jokers any longer!
STAY AWAY!
10 September 2025
Unprompted review
This company is as dishonest as they come
This company is as dishonest as the come. If they get any of your money, good luck at getting it back if you decide not to give them more. I put down a $2.000 deposit (fully refundable, no questions asked) to give me time to do my due diligence and found things weren't what they claimed, so I requested my deposit back. that was 3 months ago and no response. Even my credit card company hasn't been able to resolve this dispute with Korvato. My suggestion is avoid at all cost, they're scam worthy at best.
11 June 2025
Unprompted review
Reply from Korvato
NOTICE: FAKE REVIEW 🚨
After carefully checking our customer database, we can confirm that we have no record of anyone with this name, last name, or email ever being a client with Korvato.
We do appreciate that our competitors are taking the time (and money) to write fake reviews about us. It only confirms what we already know — that Korvato is the leading algo company in the industry, and instead of improving their own services, they’d rather spend energy trying to discredit us.
To our real clients: thank you for your continued trust and support. We’ll keep focusing on what matters — delivering results and building the best possible experience for you.
— Team Korvato
I’ve had a great experience
I’ve had a great experience, they have great service and the bot works as advertised.
28 August 2025
Unprompted review
Reply from Korvato
Thank you for sharing your experience! We’re glad to hear the bot is working as expected and that our service has been helpful to you.
Best regards,
The Korvato Team
Love my returns on the PAMM account
29 August 2025
Unprompted review
Reply from Korvato
We’re so glad to hear you’re loving the returns on your PAMM account! Thanks for sharing your feedback and for being part of the Korvato community.
Best regards,
The Korvato Team
Expensive lesson learned
I regret trusting this platform. The “advanced algorithm” didn’t stop me from losing a big chunk of my investment within days. The whole system relies on you setting risk controls you barely understand, yet they act like it’s beginner-friendly. I wish I had researched more before spending money here. Definitely a costly mistake I won’t repeat.
12 August 2025
Unprompted review
Reply from Korvato
NOTICE: FAKE REVIEW 🚨
After carefully checking our customer database, we can confirm that we have no record of anyone with this name, last name, or email ever being a client with Korvato.
We do appreciate that our competitors are taking the time (and money) to write fake reviews about us. It only confirms what we already know — that Korvato is the leading algo company in the industry, and instead of improving their own services, they’d rather spend energy trying to discredit us.
To our real clients: thank you for your continued trust and support. We’ll keep focusing on what matters — delivering results and building the best possible experience for you.
— Team Korvato
I required about the system
I required about the system, when I saw the $12,000 sticker price I was of course in sticker shock. I received a call today from a solicitor about the company I said no I have no interest in paying $12,000 for your product, they hung up the phone.
No communication, no setting why their products worth 12,000 nothing, just slam the phone up on me.
I definitely made the right decision
10 August 2025
Unprompted review
Reply from Korvato
Dear Reviewer,
Thank you for sharing your feedback. We’re sorry to hear about your experience on the call, as that is not the level of professionalism we expect from our team. We’ll be reviewing this internally to ensure it does not happen again.
Regarding our pricing, we understand that $12,000 may seem like a significant amount at first glance. The cost reflects the years of research, development, and ongoing support that go into making our algorithm reliable and effective. We are always happy to explain the value in detail to anyone considering our system, and we regret that you did not feel that was communicated clearly in your case.
We wish you the best in your financial journey, and should you ever reconsider, we would be glad to provide a clearer explanation of our product and its benefits.
— Team Korvato
Working nicely!
Korvato has been highly effective in the 8-9 months that I have been a member averaging almost 10% a month. The best part is that these are realized gains with all positions closed everyday or every other day. There is no significant draw downs that you are sitting on for days or weeks with open positions that you are hoping will come back to break even.
The income has been steady enough for me to retire early so that I could improve my health. The 24 years of being an RN takes a toll.
My primary contact Paul has been an awesome guide and I enjoy just chatting every now and then.
Korvato was not my first choice in the fx bot space. Each company has their own trading philosophy and it helps to know what they are. No investment is ever all sunshine and rainbows, but I strongly recommend Korvato as part of one's portfolio.
25 July 2025
Unprompted review
Reply from Korvato
Thank you for sharing your story and congratulations on your early retirement! It means a lot to know that Korvato has played a part in helping you prioritize your health after 24 years of dedicated service as an RN. We're especially glad to hear that the steady performance and closed positions strategy have provided the peace of mind and consistency you were looking for. Paul will be thrilled to hear your kind words as well. We’re honored to be part of your journey and truly appreciate the trust you’ve placed in us.
—The Korvato Team
I the the way it making profit but I…
I the the way it making profit but I didn't like the bot gets disconnected most of the time times automatically. For example this not trading from past 5 days. I have been asked to raise support ticket. The earliest day I am getting after 5 days. Henceforth bot will stop and I'm going to loose 10 days. This really odd experience.
25 July 2025
Unprompted review
Consistent gains 43% + annualized
Consistent gains 43% + annualized, focus on one currency trading pair, superior support. Uses market news to avoid trading during periods of uncertainty. Very well managed service. I highly recommend Korvato for those looking to achieve consistent high returns. I learned the hard way that not all Algorithmic trading services are alike.
25 July 2025
Unprompted review
Reply from Korvato
Thank you so much for the thoughtful review! We're thrilled to hear about your consistent gains and positive experience with our service. Focusing on a single currency pair and using market awareness to avoid unnecessary risk are key parts of our strategy, so it’s great to see that approach working well for you.
We also appreciate your kind words about our support team they’re always here to help. You're absolutely right: not all algorithmic trading services are created equal, and we’re honored to have earned your trust.
Wishing you continued success ahead!
The Korvato Team
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