Recent content by alshaibani

Dear FPA, Algorates have deleted my account and any remaining amounts I had in it, I'm assuming would amount to $3.50 by now all the way from $25,000 my entire life savings. This scam is so complicated and detailed that it would seem legit, and that one's money would default because of a crash...

My case with them has taken place between them, myself and an FPA moderator, and now I'm waiting for the moderator's verdict. They had obviously stole my money as well as other's people's and it is time to let the world know.

Just to give a an update on the latest progress. They are liars and algorates is a scam. I'll be waiting for FPA's action from here. They stole my money and from many people on this forum which participated in my thread for very significant amounts of money. It's time for a verdict. Oh and as...

Dear FPA, As per the email sent from their representative, he said he would participate on Monday... still nothing.

Dear FPA, What's the next action regarding this issue?

I have received the following email today from Algorates: Dear Client, Thank you for your email inquiry in regard to your account. We apologize for the delay in our response. We understand your frustration with the recent market crash and its direct effect on your account...

They haven't responded yet, what do I do now? I have opened a case in the court but it didn't show, please help to move this forward, it seems many people have encountered issues with this website and we need to take action before more people become victims.

Original FPA Traders Court Submission: I am submitting the case against: www.algorates.com My Case is: I have done some research on a website called Algorates.com and decided to invest KWD 5.89 ()K with them back in August 2014. By the beginning of the year I saw a raise in my account to KWD...

I have officially sent them a request to join this discussion, attached is proof.

This website is a scam, the employees they have on their website are stock photos of random people, and the only thing you can find about them is a linkedin profile saying random things about how great algorates is, and how they are qualified and trustworthy.

Here you can see the following: *In the bottom you can see the remaining funds I have in the account $253.20 *On the right you can see the profit -$19,746.80 *Most importantly you can see them doing currency exchanges to try and purposely lower my balance, this is a gold and commodities fund...

The problem is their minimum was $5000, I'm still surprised that there is no mention of the website anywhere that they are stealing from people. I have all the proof and I'll make sure I get the word out

I have done some research on a website called Algorates.com and decided to invest $20K with them back in August 2014. By the beginning of the year I saw a raise in my account to $25K, I sent an email to withdraw then all hell broke loose. I didn't get any kind of response during my attempts...