Algoblox Reviews 20

TrustScore 2.5 out of 5

2.4

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Company details

  1. Cryptocurrency Service

Written by the company

AlgoBlox is a trading platform for Bitcoin and cryptocurrencies. We offer a multitude of different crypto-assets to trade on along with trading tools such as trading bots and AI algorithms.


Contact info

You should know

2.4

Poor

TrustScore 2.5 out of 5

20 reviews

5-star
4-star
3-star
2-star
1-star

No history of asking for reviews

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Rated 1 out of 5 stars

THIS IS A SCAM!!!!!!!

THIS IS A SCAM!!!!!!!
DO NOT ALLOW THESE SCAMMERS ACCESS TO YOUR BANK ACCOUNT!!!!!
My husband and I lost £120,000 hard working money, we saved for our retirement. Amy Davies is the biggest scammer. I wouldn’t give a star.

18 May 2022
Unprompted review
Rated 1 out of 5 stars

Blackmailed by the owner

Finally people are coming out about Algobox and are tired of being blackmailed and scammed by the owner. So many lives ruined its sad to read these.

28 January 2022
Unprompted review
Rated 1 out of 5 stars

Review update

Had this scam gang on the phone again to tell me my account had $7800 in it and as they were stopping private individuals trading I would have to cash out.
They told me I had to open a digital wallet to do this but when I tried,a warning notice appeared saying that this action would allow them to access my bank account.
When I told them that I was not going to do this I was told
To"have nice life"and that I would not hear from them again.
So AGAIN
THIS IS A SCAM!!!!!!!
DO NOT ALLOW THESE SCAMMERS ACCESS TO YOUR BANK ACCOUNT!!!!!
They are cowboys in Pakistan just out to rob you.!!!!!!
YOU HAVE BEEN WARNED!!!

27 October 2021
Unprompted review
Rated 1 out of 5 stars

Beware ... scammers

Pushing people, traders.
Difficult to contact; won't refund your money from your trading account. Excuses, excuses. Have been trying for 25 days...
They are scammers. Will report them to scammers beware sites worldwide.

20 June 2021
Unprompted review
Rated 1 out of 5 stars

Just had an agent on the phone,called…

Just had an agent on the phone,called Andy and tried to withdraw my deposit, he lied to me and stolen again money from my account as he saved my bank details . so instead of having my money back they took more . THIEVES! Cannot speak anything about professionalism on here as is NONE existing! Ive got pictures and videos from the computer and conversations , will report further! scammers GO AND WORK! LAZY......

14 June 2021
Unprompted review
Rated 1 out of 5 stars

An update about my experience with scam company, Algoblox.com

An update about my experience with Algoblox: The company has completely declined to answer any emails I have sent - no replies, no telephone contact. They have gone. They are being investigated by the bank fraud and internaional scam team and the Metropolitan Police ActionFraud. The Algoblox.com 'account' I set up shows £0 in my account. It is very hard to lose so much money £5000. I am updating you all so that anybody thinking of dealing with this company have a chance to avoid investing anything with them. Thoroughly investigate them and check them under the Finacial Conduct Authority's (FCA's) list of legitimate, registered companies. It has cost me more that upset, anxiety and a great deal of stress and humiliation when Amy, the 'account advisor', who had initially told me that she 'had my back', that I 'mustn't worry' - I 'cannot' lose my money with Algoblox's AI algorithm system', started to chuckle when she heard how distressed I was after she had just told me my money was gone. I have had to canel my passport and pay for new digital photos and the £80 fee; I have had to cancell all bank and credit cards; I have had to pay a fee to a specialist company to watch and monitor my credit credential,s to protect me from furture fraud becasue Algoblox has my ID. I will no longer write about this unless something quite dramatic suddenly happens in relation to Algoblox.Com, I have said my piece - I have to move on. Take care.

24 April 2021
Unprompted review
Rated 1 out of 5 stars

Scam company please beware - Updated information

Please read this review. Do not get involved in this company you will not be able to withdraw your money and they will not refund your money. This is a scam, these people are thieves. My bank has advised to send all emails to their fraud department so that they can initiate a chargeback investigation. If you are involved in this company and cannot get your money please keep copies of all correspondence and contact your bank.

Please everyone - if you have been scammed by this company please initiate a Visa debit chargeback with your bank. I did this and after sending all email trails, links to the website showing their t&c's, screenshots of my 'trading account', etc. I also sent my correspondence from the FCA after my contact with them and I am pleased to say that I have received my money back.

There is a lot of information you need to send to your bank and a lot of questions but I am really pleased. It has cost me a new passport but at least that gives me peace of mind. Also very importantly be aware of this, the FCA warned me of Recovery Room scams whereby you will be targeted again by a 'company' saying they can help get your money back for a fee of course. These people are an absolute disgrace and have no conscience.

1 April 2021
Rated 5 out of 5 stars

Excited already!

I registered and opened my account last week and have already learnt a lot from some small trades I have already made. Excited for the future!

25 March 2021
Rated 1 out of 5 stars

Be warned Algoblox trading is Scam

I deposited money into Algoblox’s account through bank transfer for forex trading and when I requested for withdrawal, they refused to give my money back and rather they insisted that I should deposit more money into their company’s account. Several efforts to get my money back were unsuccessful. Please be warned Algoblox is a big trading scam.

5 March 2021
Unprompted review
Rated 1 out of 5 stars

I invested £183 ($300)With this…

I invested £183 ($300)With this company, with this company and actually the value of my investment went up to £244. However I have requested on 4 occasions to withdraw my money. I always receive an email confirming the withdrawal request, stating my account manager will be in touch within 24 hours. When She rings she says I need to invest more money at least £5000 to take advantage of the markets. I don’t want want to invest more money, I just want my money back but this doesn’t happen. I guess after 4 attempts I have lost my money in what I can only call a scam.

5 March 2021
Unprompted review
Rated 1 out of 5 stars

TOTAL RIP OFF

This site is a total rip off!!!!

DO NOT USE !!!
DO NOT LISTEN TO ANYTHING THEY TELL YOU ON THE PHONE.
THEY ARE SCAMMING YOU.
HAVE TRIED TO GET MY DEPOSIT BACK BUT STILL NO RESPONSE

4 March 2021
Unprompted review
Rated 1 out of 5 stars

Updated Warning - do not trust Algoblox

Further to my earlier Review for this Company the position remains the same, till waiting for refund of £250, now 45 days. As before had many further conversations with people working for organisation, but the refund does not get actioned. Do not trust these people with your money, cannot be trusted

In response to the Reply posted by Algoblox they need to understand I have never opened any positions so how can I close them? I asked for my £250 to be refunded within hours of making the deposit as I did not like the way I was being hounded by persistent telephone calls and now they try to put forward every excuse possible to avoid making my refund. Time they did the right thing to prove they honourable, when they do will make a further posting, otherwise take it still waiting for refund of my £250

4 March 2021
Unprompted review
Algoblox logo

Reply from Algoblox

Hello Derek,

As per our terms and conditions all open positions must be closed in order to request a withdrawal. Additionally please make sure that your balance is above the £150 min withdrawal limit for us to approve and process your withdrawal.

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