Review Time
This prop firm are a total scam. They work with algo plus. I believe they own algo plus. The firm customer support keep posting you from one week to the other. At the final day after 32days of pursuing my payout, they suddenly stop responding. I contacted algo plus they also could not respond. They are just there to steal customer money from the purchase. Run for your life 🏃♂️ . Don't be lured with 20 or 30% they claim to cover the purchase fee.
Doing some deep diving. The latest post on their telegram shows a guy that just received a pay out. His name is Brandon Wells. His picture if you use Google lense also finds the same exact profile picture as Liam from a dating site and another with same exact picture where his name is Hunter Hodges. This is all I needed to see that they are defrauding people with fake customers. Their videos with Gerard never has him using the words, Algo X or him, stating his name Gerard. There are many flaws you can pick up on that points to scam. There is actually no real reviews of any customer ever getting a payout. The prop firm is very suspicious as you don’t even have a spot to login to trade. They say they’re not affiliated with prop firms, but how can they trade your account then? Things Just don’t add up.
I want to warn others about my experience with Algo X and Funded Elite Traders.I signed up expecting professional service and reliable trading support, but instead, I feel scammed and misled. They ripped me off financially and treated me with complete disrespect. Please see the attached screenshot for an example of how they speak to their clients — it’s unprofessional, dismissive, and outright unacceptable.Key issues I faced:False promises: Their claims about performance and results were not delivered.Unprofessional communication: Their responses to genuine client concerns were rude and unhelpful.Financial loss: I was left out of pocket with no accountability from their side.Lack of transparency: Critical information was withheld until after payment.I highly recommend anyone considering working with them to think twice before investing your money or trust. There are far better and more reputable alternatives out there.
SCAM - My Experience with this company and the referring company, AlgoX (formerlay AlgoPlus) was that they were both a complete scam and waste of time. Avoid them. They operate through various Telegram channels where they can completely delete their conversations with you and you will likely have no record if you did not take screenshots. I asked them for proof that they had an EA actively trading with FundedEliteTraders, they could not provide any proof of any platform connecting them. I asked for proof of trades showing entry and exit trades, they could not show the actual trades. I tried to verify with legitimate platforms MT4 and MT5, and those platforms showed the accounts as invalid. The trading record shown on the FET site was around 95% wins which is statistically impossible over a 3 month period. Even the best documented EA's are around 83%. Their site offers no information about trading rules... I asked them multiple times to provide trading rules, they did not ever provide a link or document. The pretended to send payment but when I asked for proof of a reference number, name of financial institution or platform, they could not provide anything. The company that refers you to them, AlgoX, pretends to be a separate entity, but for some reason can see all your account activity without even needing your login credentials or passwords. Then when you start to complain about filing a complaint with authorities, they tell you that they will refund your money. Look online and you will see that the majority of threads are complaints. Maybe 2 people claiming to get paid, and when those people are asked for proof of a payment/bank deposit, they cannot provide anything. Total scam. The reason they use telegram is because they create groups that do not allow anyone to comment about how they got scammed. Entire thing is an elaborate cherade. I have many screenshots. Look at all the recent complaints posted here on TrustPilot . Nobody saying they actually got paid after all the hassle, just a lot of people saying they never got paid and wasted time. This company tries to string you along until you are past the 60-120 day mark to be able to dispute with your credit card or bank. If you paid in cash and you're past 60 days, good chance you are not getting anything back. Beware! **** Update*** they recently updated the name of their scam to “ GemeniOne , same scam just changing names now that all the reviews are stating to surface
***1000% SCAM*** I promise you these people are a scam! They are professional scammers that do a very good job at it! They are with ALGO+ or AlGOX they are always changing the name! I have so much proof that they are a scam! You can contact me and I will show you!! Please please stay away from these bastards!!! And certainly do not refer anyone to them bc you will all find out the hard way that you will never get a payout!!!! They have multiple telegram channels that make you believe that they are legit but I promise you they are not!!!! Please don’t let the money that you think you are going to get let you make the wrong decision and believe these people!!! I’m telling you know stay away from them!!!
I started with them in the month of May and after supposedly passing the challenge, they started trading. I went as far as paying for more accounts with a value of $1,200,000. For over three months, they have promising to pay but after each deadline, they come up with the same stories of payment processing issue confirming what others have said that they are scammers. If possible, I would have rated them zero star. Am compiling all evidences to report them to the appropriate authorities
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