1.507 · 36 REVIEWS
Updated: Apr 6, 2020 ·  · Is this your company?
2019-04-25:  The UK FCA has issued an unauthorized firm warning against and  CLICK HERE to verify.
April-September 2018:  Multiple fake and highly suspicious reviews submitted for Algotechs.

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1.507 · 36 REVIEWS
Forex Peace Army

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Traders Reviews

Hamburg, Germany,
Jan 2, 2018,
Registered user

The best option to make money precisely in times like these

I found this company by trying to find something to invest money I can lose. After some research I found Algotechs on facebook. Researching the net, you need to be careful because a lot of companies are using the name "algotrading", "techs", "algotech" or even another "algotechs" in their names. Some of them are scam. is NOT!

After I've registred on the website and made my minimum deposit of 500$ one of their representives contaced me to make sure I've understood everything and to activate the ATS-Software in my account. My account manager is always reachable using reliable messaging systems such as email or even WhatsApp. Also once a month I receive a call, so that I do not forget to make my deposit. You can tell him anything you like, e.g. that you rather want to deposit annually than monthly,
The manager is always friendly, kind, responsive and what is really important to me - he is professional.

Since my beginning of June 2017 I've made around 27% on my deposit. The total yield of this company since their beginning in 2012 is almost 300% with a risk of ruin less than 0,01%. The Automated Trading Software (ATS) opens trades and has a win-rate around 70%. The algorithms they use know when it's the best time to trade and risk a lot of money and you can be sure that they will make profit.

If you want to try it, just open an account for 500 EUR. If you like it, feel free to deposit more. If you have any further questions, please don't hesitate to contact me.
The best option is your local currency is either US-Dollar or Euro, so you don't have to do a conversion of the money. But you can make your deposit in over 60 countries in the world.

Note: I am a usual customer. I'm not related in any kind (e.g. employee) to Algotechs or the broker they're using.
UK, United Kingdom,
Jan 2, 2018,

Love this company.

Amazing customer service, incredible returns.
Invested, and then loved it so much that I transferred all my savings to my account with Algotechs.
London, United Kingdom,
Apr 12, 2018,
Registered user

I work for Algotechs and I think I'm entitled to leave fake 5 star reviews

wow. I did NOT expect this kind of success.
Started with a small sum, just to try it out for myself, after hearing from a few invested friends, and was pleasantly surprised that they surpassed all my expectations.

I have a personal account manager, who has been assisting me step by step, no other company has provided me with this kind of personalized care!

Highly recommended, also, really nice representatives.
Forex Peace Army
Review moderation team note

5 Star rating removed.

This review came from the same IP address used by an Algotechs employee in the FPA's forums.  The same employee later left more fake "client" reviews.

Per FPA policy, the rating on this review has been set to Zero stars.

The FPA does not appreciate review spammers.

Dublin, Ireland (Really the UK offices of Algotechs,
Jul 4, 2018,
Registered user

I work for Algotechs and I like to leave fake 5 star reviews for the company

My first move was to do some research. Could not find any negative feedback from anyone who personally tried the software for themselves.

My second move was to make an investment, started with €2000 just to test run everything.

Third move, and the critical part - seeing if the software actually generates profit, and boy does it. Approx 5% return monthly, no service fees (No other forex related company offers a win-win policy like Algotechs does!)

The fourth move; withdrawals. One word. Simple. Made a few withdrawals, both on profits, and initial investments, and didn't have a single issue. Funds were transferred via FCA regulation which kept me reassured and received OTP (One Time Passwords) for all my credit card transactions, to authorize it was indeed me making the transaction.

Been a client for about 2 years. I'm sure if I tell you my profits, you won't believe me. Over 150% return on my investments. I now have a VIP account, which is easily an incredible part of my life, and my families.

In short- I cannot rave about this enough. Best Decision.
Forex Peace Army
Review moderation team note
5 Star Rating removed.

This review was submitted by an employee of

Per FPA policy, the rating on this review has been set to Zero stars.

The FPA does not appreciate review spammers.
Macao (Really the office of Algotechs in the UK),
Jul 27, 2018,
Registered user

I just can't stop spamming for the company which employs me -

Since we are in a world of phone fraud, I have decided to ignore their phone calls until I do my own due diligence of their company.
Of course the first thing I was looking for was bad reviews about them and I ran into a fraudulent company called "Algotech" which ARE NOT Algotechs! and It's so important to recognize the difference between them. Continued searching and after over a month of research, I couldn't find a single bad review about them or about their broker BeAlgo. Now that's impressive.
But the only thing that reassured me was their Facebook page. As I was reading some comments people were leaving there, I ran into some of their clients that were commenting positively on their page and decided to personal message a few of them. They were happy to have sent me screenshots of their own accounts and I got to see in my own eyes that they were literally making profit. The account also showed that they withdrew money which was a nice surprise considering my past fallouts I've had with other companies. As a result I decided to finally open an account for myself, still only with no more than 500 euros just to remain calm. And literally hours later I started seeing progress.
This is without a doubt, the best and most important financial decision I have made in recent years. Thank you so much Algotechs!
Forex Peace Army
Review moderation team note
5 Star Rating removed.

This is another review submitted by an employee of

Per FPA policy, the rating on this review has been set to Zero stars.

The FPA does not appreciate review spammers.
England, United Kingdom,
Sep 5, 2018,

Disgusting service and don't encourage new customers

Don't even bother you start with £500 and they put in £1500 because they say account can't work with less than 2k. 5 weeks in I have made £217 profit but only 25% is mine then my account manager says I have til the end of the month to increase my investment by another £1500 or my account will be closed so waiting til end of month and closing as I don't have £1500 to invest which I'm sure most people don't have either. Steve is my account manager.
Saudi, Saudi Arabia,
Oct 8, 2018,

BeAlgo Withdrawal Experience

I'm just submitting my review and experience without judging Algotechs or BeAlgo as I'm waiting for their response!!

I started investing with Algotechs on Feb 2018, and I was generating very good profit from my investment. My friends were challenging me to withdrawal money from my account to confirm if they are spam or not and so they can invest with me as well, and everyday I was keep delaying the withdrawal. On 12Sep 2018, I placed my first withdrawal request from them and unfortunately it was not a good experience at all, and until now I'm waiting them to fix this issue as they are claiming they are working on it. Below is the message I received it from BeAlgo support team after I placed my request:

"Dear Valid BeAlgo's Customer,

As you may be aware, one of our banking providers Københavns Andelskasse based in Denmark has been taken over by the Danish authority Finansiel Stabilitet, following the decision by the Danish Financial Supervisory Authority ("FSA") that the bank committed significant breaches of the financial and anti-money laundering regulations.

The most recent announcements are set out below.

This decision was not related to any action by BeAlgo, BeAlgo has not been part of the FSA's investigation and, as such, BeAlgo were provided with no pre-warning by Københavns Andelskasse or the Danish Authorities as to the decision.
As a result of the decision, which is beyond our control, we are unable to process payments through Københavns Andelskasse by any method and this is the reason for the delays with outgoing payments to our clients.
We intend to work closely with Københavns Andelskasse and the authorities in Denmark on a solution as quickly as possible to free our clients' money and allow transactions to proceed as normal.
Due to the unusual circumstances, we cannot comment on how long we will be unable to process payments but we can ensure you that we will be contacting the authorities regularly and will update you as soon as possible.
BeAlgo apologises for the obvious inconvenience which is out of our hands.
If you have any queries, please do not hesitate to contact your account manager."
Oct 29, 2018,
Registered user

Try it yourself

It seems awesome. Henry just led me step by step and i am in. Easy like a piece of cake. :-):-)
Nov 15, 2018,
Registered user

Has anyone been able to withdraw funds from this company?

Has anyone been able to withdraw funds from this company?

I am asking because it has been more than 2 weeks since I attempted to withdraw some funds and I have not seen anything except some excuses about default of Danish bank.
Chap.., United Kingdom,
Dec 10, 2018,

Not to be trusted

SCAM SCAM - I cant get my money out!!! Do not invest. I have been with them for over a year and apparently my account has grown to 7k. when I tried to take out the money I was told that there is an issue with the bank in Denmark.