algo-revolution.com has been flagged by AMF (France) for "Unauthorised". Category: Produits_dérivés_sur_crypto-actifs This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: algo-revolution.com.
algo-revolution.com changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Risk management tools|No hidden fees|Regular platform improvements|Detailed reporting
Cons: Wait times can be long during peak hours
I referred a friend to algo-revolution.com after comparing multiple platforms. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Stable platform|Detailed reporting
Cons: No integrated tax optimization|Limited demo account features
After spending for about five months trying to make algo-revolution.com work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Smooth onboarding|Multiple order types
Cons: Limited cryptocurrency options|No fractional shares
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. algo-revolution.com said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Stable platform|Risk management tools
Cons: No live chat on mobile
My card was charged twice by algo-revolution.com on the same day. I had to dispute it with my bank. algo-revolution.com then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Educational resources|No hidden fees|Wide product range
Cons: Some tools only available on higher tiers|Website design could be more modern
The mobile app from algo-revolution.com is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Multi-device support|Good mobile app|Copy trading available|Responsive team
Cons: Inactivity fee applies after 12 months|Would like more payment methods
After for the past six months with algo-revolution.com I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Market news feed|Multi-currency support
Cons: Help articles are sometimes vague|Account statements could be more detailed
algo-revolution.com has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Clear documentation|Educational resources|Full transparency
Cons: Inactivity fee applies after 12 months
I gave algo-revolution.com a fair chance. After for nearly two years of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Two-factor authentication|Automated trading options|Good analytical tools
Cons: Could offer more webinars|Limited ETF selection
I had high hopes for algo-revolution.com when my bank disappointed me and I searched for alternatives, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Social trading features|Transparent fees
Cons: Charting tools need more indicators