ForexAlgo AI 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.
For anyone considering ForexAlgo AI, please be aware that this company has been flagged by Financial Conduct Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Flagged by international regulators|Due diligence required
I experienced a security concern with my ForexAlgo AI account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Two-factor authentication|Fast support response
Cons: Minor UI glitches occasionally|No integrated tax optimization
My card was charged twice by ForexAlgo AI on the same day. I had to dispute it with my bank. ForexAlgo AI 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: Detailed reporting|Economic calendar
Cons: Mobile app could be improved