AlgorithmicTrading.net Reviews 22

TrustScore 2.5 out of 5

2.3

While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

See what reviewers are saying

Rated 1 out of 5 stars

Almost one year in, I've never had a positive month. Support is dismal and goes away once you sign up. Real results NOTHING like advertised results. Stay away - don't lose your capital with Richard. A... See more

Rated 1 out of 5 stars

I am giving 1 star just because I can't select Zero star and it would even go to Minus, as far as I am concerned. The website shows things that whoever runs this company, a certain Mr Richard, is... See more

Rated 5 out of 5 stars

I'm truly grateful for finding Algorithmic Trading and recommend to anyone who wants to give it a try. One months into it and could not be more pleased. The returns have been excceptional. Hopfully th... See more

Rated 1 out of 5 stars

My experience has been much like others have described in steady losses except that Richard DID sell me the Alpha algo and said he couldn't discount the $20K price because his partner had written it a... See more

Company details

  1. Software Company

Written by the company

We are a leading developer of high quality automated trading systems for the both the retail trader & enterprise level clients. We provide fully automated trading systems for the Futures market.


Contact info

2.3

Poor

TrustScore 2.5 out of 5

22 reviews

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

No history of asking for reviews

This company hasn't invited their customers, so reviews may not be representative

Hasn’t replied to negative reviews

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 3 out of 5 stars

Legit, hands off, algorithmic trading (edited)

[Final Edit] TLDR: It is a legit company. I invested, and my account went up significantly in the first 2 months. I upgraded at that point, and then the account balance moved between an effective breakeven, and a net gain. After about 6 months, got tired of what felt like a stalemate and needed the money for other investments.

[Original Review]
I started with Smart Pivot, and I've been using it for 2 months. So far, I've gotten 28%, which is to say my $25k account that I opened is worth $32k and change today. In the first couple weeks it went up to $29k and I thought things were looking good! And from there it went down to about $24,800 and that gave me pause - I was in the red by a couple hundred. That's trading, though, and it came back up and spent most of the last month a hair over $27k. Then, recently, it went up to $32k and change - that was enough to upgrade to elite trader without further investment from me.

One of my biggest hesitations to use this service was the lack of people shouting from the rooftops about a service that earns these kinds of returns. I'm still not sure why there isn't more hype but then I think of the fact that Richard asked me to write a review weeks ago and I didn't get around to it until now.

After my first couple of winning trades, I took out a little money from the account just to make sure there would be no issues. It was quick and easy.

In brief, this service is legit, and the returns are real. If you can afford an investment account at this level, I would definitely recommend it.

[First Edit:] I wrote that in November '23. In 2 months it had gained 7k - that was real. That was when I upgraded to elite trader. Then it pulled back to about 30k, then down to 25k and Even below 24k. Now I'm pushing 5 months since that review - 7 months in total and it has bounced between 25k and 30k. And bounced and bounced. The high of my account value when I wrote that review in November 23 was 32k, and it hasn't touched that since.

Contemplating closing it but haven't decided.

[Second edit] - I closed it (at roughly breakeven.) Partly I got tired of that bounce between ~24k and ~30k. Ultimately, I needed the money elsewhere.

16 November 2023
Unprompted review

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

Learn more about other kinds of reviews.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look