Forex Brokers

FinEdgeAlgo Trading

1.7 (10 reviews)
🇬🇧 United Kingdom
Visit Website
1.7
10 reviews
5
0
4
0
3
0
2
7
1
3

About FinEdgeAlgo Trading

FinEdgeAlgo Trading has been flagged by Financial Conduct Authority for "Unauthorised". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

Write a Review

Promised returns that never came

I
Ian B.
1 months ago

I trusted FinEdgeAlgo Trading with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Instant funding|Social trading features|Segregated accounts

Cons: Limited social trading features

Live chat is a bot that helps nobody

R
Rachel F.
2 months ago

The onboarding at FinEdgeAlgo Trading was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.

Pros: Easy to use platform|Full transparency

Cons: Could offer more webinars|Minor UI glitches occasionally

A total embarrassment of a platform

A
Anna G.
2 months ago

The only good thing about FinEdgeAlgo Trading is that they remind you why regulation matters. I found them after a trusted YouTuber reviewed them. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.

Pros: Multi-device support|Great customer service

Cons: Would like more payment methods|Onboarding videos are outdated

Important information for potential investors

K
Kevin F.
3 months ago

I looked into FinEdgeAlgo Trading and found they appear in the regulatory warnings database. Financial Conduct Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.

Cons: Appears in regulatory warnings database|Uncertain regulatory status

Scam alert - They took my money

J
Jennifer L.
4 months ago

Tried to withdraw my funds from FinEdgeAlgo Trading and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.

Cons: No regulatory oversight|Money disappeared|Fake testimonials

Paper trading not available

R
Robert T.
4 months ago

The hidden fees at FinEdgeAlgo Trading are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.

Pros: Risk management tools|Good analytical tools

Cons: No phone support on weekends|Desktop app not available on Linux

No negative balance protection

S
Sophia S.
4 months ago

I opened an account with FinEdgeAlgo Trading since last summer ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Low minimum deposit|Demo account available|Social trading features|Easy to use platform

Cons: Could offer more webinars|Charting tools need more indicators

They bet against their clients

C
Chloe X.
5 months ago

The mobile app from FinEdgeAlgo Trading 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: Regular updates|Personal attention|Clear documentation|Market news feed

Cons: Charting tools need more indicators|Website design could be more modern

Checked with regulators - they're not licensed

R
Richard N.
11 months ago

After seeing ads for FinEdgeAlgo Trading online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Conduct Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.

Pros: Website looks legitimate on the surface

Cons: Unauthorized firm|Found in IOSCO warnings database

Mobile app loses orders

N
Nicole V.
12 months ago

After using FinEdgeAlgo Trading for over a year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.

Pros: Automated trading options|Real-time alerts

Cons: Account statements could be more detailed|Slow to add new assets