This consumer complaint against Algorithmic Trading was first published by an anonymous source at a (now defunct) website called ComplaintsBase.com on Jul 1, 2018.
The title of the complaint was –
Algorithmic Trading, Dont Trade with Algorithmic
and the user awarded a rating of 0/5 to Algorithmic Trading based on his/her experience.
Here is the complete text of the review which has now been deleted from the source –
Algorithmic Trading conned me out of thousands of dollars. Their entire operation is a scam.If you look closely at their equity curve chart, you would understand how they have tried to manipulate the values by not including commission and slippage. It shows unrealistic monthly and yearly returns.When I invested with them, I never got the statements that I asked for. | Upon my loss of thousands of dollars, they simply claimed that they were a high-risk investment and nothing is guaranteed. They had to change the name of their site because of all the fraudulent activity they have been committing. They use to be, mystocktradingbiz.comDo not trust them with your hard earned money.
Defrauders.com Team is in the process of investigating Algorithmic Trading to compile as many critical reviews, scam reports, lawsuits, and litigation info related to Algorithmic Trading. We will soon publish a more detailed dossier on Algorithmic Trading with in-depth analysis and a final projected score for Algorithmic Trading based on multiple factors.
If you or your friends/family have had an experience with Algorithmic Trading that you might want to share with us, please get in touch with us immediately. All communication is kept strictly confidential and private.