AlgoTradingGroup.net Review

I left a review but not sure why not showing. I habe used tjese guys for over a year and I am impressed with how they passed my 200k ftmo challenge. Been using their algo plus too. Never disappointed. Very helpful when asked for any information

Used Algo Trend and Algo Smart. Absolutely loved it. Their myfxbook results are very true. I also paid them to pass my ftmo challenge and they passed it in 3 days. Very fast replies and very friendly team. Definitely recommended

As title says, dont fall for them. They can pass your account but not on the first try, its basically luck. They play the roulette with your money xd.

Crazy

Passed my 5 ftmo challenges and 2 tft royal challenge too

Now using their algorithm
Works wonders

Very friendly team they passed my ftmo twice and funded me with 400k usd. Thank you so much algo

Came across this channel on telegram after purchasing an ftmo account and got in touch with them. The fella called Alan was so sure they were going to pass my ftmo account for me for the price of £600. I sent the money via PayPal, a week later trading started on my account. The very first day that trading started they exceeded the max loss for the account and I lost my ftmo account which I paid good money for. I got in touch with Alan which then said 3 client accounts were linked and one client trading himself which resulted in all accounts in loss. He said he will give a free redo, so I hesitantly purchased another ftmo account and gave it to him. Only for that account to be wiped out again. Now I am demanding my money back that I paid for their services and they are refusing to give it back. Now I lost £600 which I paid for their services and also two ftmo account money. It’s not fair on me, they literally scammed me for my money and acted all professional while doing it. I do not recommend this company at all, it is a scam!

I bought the Algo Plus in Aug 2022.
The rep "Alan" told me that I need to be under their IB in Blueberry Markets in order to receive price feed which will help with execution and spread, slippage etc. So I registered Blueberry Markets under their IB and bought the Algo Plus. Lost 600 USD in total plus 500 Pound for the EA itself. First as soon as I bought the EA "Alan" told me that their is update. Told me to hold the trade til then. It literally took over a month to receive the update. The EA still lost money. So I went on demo this time yet they don't recommend demo and low lot size as it is not accurate. I could not afford to lose any more money so I decided to just test it on demo. During next two month "Alan" gave me half dozen sets to try because I was losing the trades with every set. I gave them investor password to investigate as well as showed them I was under 3ms latency. In Dec 2022 "Alan" told me there is another update coming in End of Jan 2023 and that don't trade in Dec. I waited until end of Jan 2023, he said end of Feb. Then when I contacted him in end of Feb he did not reply. I msged him many time since then yet today is March 11th 2023. Total scam with these non sense price feed and the Algo Plus EA.

I contacted the Blueberry Market as they are the partner with AlgoTradingGroup.net and Blueberry Market compensated me half of what I lost in the market but still I am down 300 USD from the market and 500 Pound from the EA. Blueberry Market also told me AlgoTradingGroup is legit and are very good with the customer.
I doubt that is true as Algotradinggroup.net is no longer in the TrustPilot review... For some reason they took it down as soon as all negative review came up. Please save your money and time with this scam website. Avoid at all cost.

Wow, I checked my Blueberry Markets client and they deleted all my live account. Amazing.

In all honesty, none of their products and services works.

This is what you are going to get once you have any misunderstanding/issue with them or you request for a refund: https://algo-trading-group-defamations.herokuapp.com/sm-defamation. Impersonation and defamation of character of the highest order, they are very unprofessional.

Their only EA with a small drawdown is highly manipulated, the closed trades history only updates once a week as you can see here: https://www.myfxbook.com/members/Tradingboss/gold-scalping-ea-6-pairs/6544432. Drawdown, Equity, Balance and every other variable is manipulated as well.

Watch out for their MQL5 and SignalStart signals here: https://www.mql5.com/en/users/parthgohel05 and https://www.signalstart.com/analysis/algo-trading-group-inc/154789. the signals might be hidden at the time of checking this, but pay attention to these links in case it's restored. They claim to practice 1% Risk management using Smart Money Concepts (SMC) which implies they should never have above 1% drawdown, but they hold trades forever and they are currently at 61% drawdown. Will surely update this review with new links in case they decide to change it.

Update: They reached out to me via email agreeing to the defamation of character on my personality, that of my family/friends and confirmed the same here as a comment under this review (they edited the comment, but I have a screenshot of it already, including the original email they sent using their official domain email address). However, I'm in the works with my lawyer already to ensure they are sanctioned and sued for damages appropriately. We can however start the resolution with a 100% refund of all the money I've paid into the company. I'm afraid the more I spend on the legal case, the more damages I will be able to claim eventually. I will keep you updated on this review.

UPDATE:
1. I need to be clear that I understand your service is not refundable, so I'm not asking for one. I'm only taking legal steps against my defamation of character. In addition to that, I'd like to prevent other people from falling into the same hole.
a. They claimed to have taken 1% risk on the trades, but from the screenshots below, it's obvious they had 200Lots opened at a point on my account, that's totally bad or no risk management. It is evident here: https://trader.ftmo.com/metrix?share=2375b40596f8.
b. They earlier accepted/regretted their actions towards the defamation using their official email address and also as a comment here, but that was changed.
c. They claimed to have about 30 years of experience, however, they were seen asking basic trading questions on mql5 forum 2 years ago here: https://www.mql5.com/en/forum/133689/10542524#comment_10542524.
Here are some of the evidence that confirms the lack of integrity in the company: https://algo-trading-group-defamations.herokuapp.com/lack-of-integrity

2. I think it is unprofessional of you to deduce or assume that I was looking for a system in Foreign Exchange markets that works 100% and gives enormous returns weekly, that's another false accusation against me. kindly show evidence to that effect!

3. 1% risk per trade is mentioned here: https://www.signalstart.com/analysis/algo-trading-group-inc/154789. In case the link gets changed, it's available in the gallery.

4. You tried to bribe me privately with 500GBP after the defamation of my personality, friends/family, which I rejected. This is evident here: https://algo-trading-group-defamations.herokuapp.com/bribe-after-defamation

5. Finally, in order to validate my review, here is the list of purchases/payments I've made to the company so far: https://algo-trading-group-defamations.herokuapp.com/purchases-i-made