logo
English

Broker

Account

Safe

Review

Trade

Search

Regarding the legitimacy of AlgoFX forex brokers, it provides a comprehensive investigation into the security aspects of regulatory and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Business

Influence E

License

No license

Is AlgoFX a scam, or is it legit?

The latest exposure and evaluation content of AlgoFX brokers.

I can’t withdraw from this worst broker
I’ve been deposited 6610 USD in this worst broker named Algofx in 21st September, 2023. I purchased the AI softwares from Treedex company and my agent Mr. Luke (Israel nationality) assisted me to install it on my AlgoFX account which is 1000173. I got profits stably and continually daily and the capitals grew up more than 10K USD. The software is really effective definitely, and I tried to withdraw 100 USD on 20th October, 2024 and it was successful. I tried to withdraw 2000 USD and 5000 USD separately to my Binance account and bank account on 7th December, 2023, then I cancelled the withdrawal of 5000 USD and change the withdrawal amount to 6000 USD on 8th December, 2023. Since then, the broker has never replied my withdrawals until now. I even texted messages to the Chat and sent emails to the support without any responses until now. It’s 22nd March, 2024 now, and this worst broker declined my 2 withdrawals and didn’t reply me the reasons why my 2 withdrawals were declined. I tried to withdraw 2000 USD on 22nd March, 2024 again to my Binance account and will see how this baddest broker will do in the coming future. I need the assistance from WikiFX Global Customer Service. Please help me get my capitals back minimum 6,510 USD, and even the profits the AI software has traded for me automatically in the coming future this year. The evidences are shown in the following screenshots and hope I will get my money back ASAP.
AlgoFX's latest industry rating score is 1.22, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. AlgoFX If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.