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Business Profile

Computer Software Developers

AlgorithmicTrading.net

This business is NOT BBB Accredited.

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26 Customer Reviews

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  • Review from Jefrey p

    1 star

    12/06/2024

    Most of them were pretty positive and people spoke highly of the owner, *******. However, there were a few reviews warning that they had lost a lot of money in that it was just a scam. Unfortunately, I did not heed those reviews. After losing 40% in 2024 I have finally stopped trading the smart pivot algorithm.Around June I started calling and emailing about once a month because the account was having 5% plus losses per month. The first few months the owner said the algo was within back testing limits, then for a few months he said he was making small tweaks, and he was confident it would turn around. Somewhere around September I called the 800 number on the website which was disconnected. He gave me a new 800 number which a month later was disconnected. He did reply to my most recent December email and in ******* was empathic to the performance.I switched from his Geronimo algo in 2023 when it was underperforming and started the new smart pivot which was going to be better. And now his partner has a new algo called alpha which is going to be better. This seems to be a reoccurring theme and I'm guessing that perhaps the algorithms work for a short time and then fail so he starts up a new one so he can sell more licenses. This pretty much seems like a scam to me, like his swindling people out of their money with false pretenses of his abilities. The owner comes across as a genuinely good person trying to make the best algo's to help clients make money, and he absolutely denies there is a different plan.Either he is not good at writing these algos and is selling licenses to a product that is not going to work, or worse, he wrote the algo and is aware of how the algo is trading and is trading in the opposite direction taking the money from the people that he sold licenses to, which again he unequivocally denies.There are other companies out there with better algorithms, although I have not found one that performs really well during these up markets.
  • Review from Steve H

    1 star

    08/31/2024

    A bad choice. In November 2023 I invested $25000.00 and paid the $7500.00 fee for the platform. I paid fees on small gains at first also. In a nutshell I had a very bad experience and in 9 months I lost $16000.00, yes, half of my investment. I even tried a second platform that was supposed to be tracking better than the one I started with. The answer is, this is a high risk type of investment. It did not work. It was not worth me losing $16,000.00. I tried to stay the course as the losses continued but decided at half of my investment loss I would get out.I assume it worked the same for any investor that had money trading with Algorithmictrading.net over the last 9 months.
  • Review from Troy C

    1 star

    07/18/2024

    Major mistake, this company ofers daily trading, the trading is not advertised, the losses are huge, the gains can be great. so i hope you have the stomach for it, there are days that the gains were awesome and instead of getting out, all the gains were loss in to the negative, i dont understand why the ** couldn't cash out on the daily gains i went in because they advertised that one could make massive gains the an initiall investment of $35,000 could turn into a million dollars after years of investing, i can't imaging how since i have been in for 8 months and i am down $27,,000. To do all this you have to invest $3990.00 for the service, this buys you daily investments up to $80,000 they use a percentage to invest not all of it, i have also emailed and texted with very limited response. Very disappointed in the system.
  • Review from Dan H

    5 stars

    06/25/2024

    I am up 43% in five months. I am excited to see what the long term performance will be. Just as described and so this is an easy five stars.

    AlgorithmicTrading.net Response

    06/26/2024

    Thanks for the review! 
  • Review from Odalis B

    5 stars

    04/09/2024

    I just opened an account my ********************** started yesterday. I want to leave a review for if you are hesitant about the company, **** is so helpful as well the other team members, very patient, answer promptly and professional. I will write a review later on how things are going. This is a good team and company to do trading with. Thank you.

    AlgorithmicTrading.net Response

    04/10/2024

    Thanks for the kind review! Glad to have you with us!
  • Review from Mauricio P

    5 stars

    11/20/2023

    "I recently started with this company, and the experience has been outstanding. My account has seen a remarkable 28% increase, and what sets this platform apart is its algorithmic trading strategy. The algorithm trades only a few days a month, making the process efficient and yielding profits in a short span. Truly amazing results!"

    AlgorithmicTrading.net Response

    11/22/2023

    Thanks for the review! Yes, depending on the package the number of trades each month can vary, but glad you're pleased and I really do appreciate the review! The Elite Trader in comparison will do on average about 28 trades per month.
  • Review from Nate G

    5 stars

    11/19/2023

    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. 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 ******* 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.

    AlgorithmicTrading.net Response

    11/20/2023

    Thanks for the review!
  • Review from Donald S

    5 stars

    11/16/2023

    I have been pleasantly surprised with the results of algorithmictrading.net. There have been some losing trades and winning trades but over the course of about 6 months Im up about 30%.

    AlgorithmicTrading.net Response

    11/17/2023

    Thanks for the review! 
  • Review from Charles J

    5 stars

    11/16/2023

    Like most of you researching AlgoTrading, I was very apprehensive of this system. I have been futures trading and while I do enjoy it, life calls, and there are times when I can't sit and watch charts, signals, indicators, etc. and I wanted to see what services could automate the process.After researching and watching all of the ** videos I decided to take the plunge and chose the Elite Trader Package (1 unit). I figure I'd see how long it took to earn the equivalent of the developer fee, hence having the system essentially pay for itself. I started Sept. 20th and today on Nov. 16th I'm up $11.5k. Roughly 30% in the Elite Trader package in 2 months.(Past results are not indicative of future results) : ) I can definitely attest that there are bad days and the algo gets it wrong and will get in a losing trade. However, it is all calculated into the system and it won't lose much compared to the wins. Such is life. But I can't argue with the results and can't get them on my own trading. Note: A lot of times the algo will not fire off because it doesn't see its proper trading environment. I've been turning more people onto the system and share any new videos he shares! I will be adding additional units at the beginning of next year. Thank you AlgoTrading!

    AlgorithmicTrading.net Response

    11/17/2023

    Thanks for the review! Really appreciate what you said!

  • Review from Bob B

    5 stars

    11/14/2023

    I have been pleased with AlgorithmicTrading.net. They provide good information and support. I feel the algo makes good decisions and seems conservative about when it trades, but makes some really good profits when conditions are right. I like how everyone on the same products trades at the same entry and exit prices. A little bit of bumpy ride at times, but that is to be expected. Overall I am pleased with the performance and look forward to good gains going forward.

    AlgorithmicTrading.net Response

    11/15/2023

    Thanks for the review! 

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