Review Time
They will never pay out. I disputed the charges and got my money back, but my account kept growing, which was odd. After blocking them, they even created a new account using my email to threaten me. They frequently change their name but are the same people. Don't spend your money here.
This is a fake prop firm. It doesn't exist. They will never pay. I had more than 1 account through a scam company called AlgoXAI that promise to pass your challenge and manage the funded accounts.You eventually get to the point where payout is due, but the so called prop firm will not pay, because it doesn't exist.It is my believe for good reason, that it is a scam set up by AlgoxAI.Their website has closed now, and they run under a different name called Funded Edge Traders. They have been stupid enough to keep the same logo and website layout
Fundedelitetraders.com shut down their website on Oct, 16 without warning. I sent them a message asking when it would be back up. They replied it was a technical issue and we be up and running soon. It never came back up. Then today Oct 22 they sent a new link for a company called Fundededgetraders.com The webpage has the same look as the previous one. All my trading stats and other information were transferred Funded Edge. I was also told today that they bought out Funded Elite. So this whole thing is a scam. Looks that they gearing up to fleece another group of victims under a new name. I am due a payout on Nov 3rd. I am not expecting them to pay, I will follow up with a update in a couple of weeks
Fundedelitetraders, AlgoX, GeminiOne Algo are scammers and will be dealt with...My experience is the same as everyone else who never received a payout and where told multiple lies. They are scammers. I never referred anyone because I was waiting for a payout first. I also new how long I had to dispute with Amex so when it was obvious that I wasn't getting a payout I disputed and got back my total of $4200. I was funded 1.2Mil. The fake accounts are still running. Even the bonus accounts they gave me, which are fake as well. I've reported them to the NY State Attorney General's office, local police, FBI internet crimes bureau, FTC and BBB. Don't worry people, they will eventually be caught. I constantly report them Telegram everytime a new scam message comes out. They will be caught. They have the new scam also, GeminiOne Algo.
Fundedelite traders.com prop firm and ALGOX are MAJOR SCAM SCUM BAGS! I spoke with Norman at ALGOX in May, 2025. I purchased the 100k account. I withdrew my money on August 12th. Fundedelite told me I have to wait 7 days for trade verification. I supposed to get my payment on August 17th. Didn't get payment. I then get a BULlSHIT EXCUSE that they couldn't send payment to me because they have issues processing my payment. Then they gave me another date for August 28th. Still didn't get my payment. They gave me another BULLSHIT EXCUSE. Their website is down so they can't process my payment. Then they give me another date September 12th. Still no payment. They gave me another BULLSHIT EXCUSE. They have a Backlog.I reached out to Norman. Supposedly he is a manager with ALGOX. He promised me that if I don't receive my payment by September 15th then he will Refund me and give me $2000 dollars per account. I have 2 accounts so $4000 is due to me. I still never got a REFUND nor $4000 dollars. It is all a LIE and BULLSHIT PROMISES!It is 2 months now and still No Payment from Fundedelite traders.com I have filed a FRAUD SCAM with my credit card company. I got my money back!Stay away from FUNDEDELITETRADERS.COM and ALGOX !!!!!
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