Reviews

Review Details

• Review fromanthony s

  Date: 03/20/2025

  1 star
  I paid ******* for the elite trading algo system. supposed to have both bullish and bearish trades for both sides of the market. not sure if it is a learning algo or not. after losing 60% plus of my seed money and all of what profit I had it got to the point where the broker I was trading through trade x stopped doing overnight trades because of margin requirements. it's my opinion that no one will take care of your funds better than you will and no machine will have the sense of what's happening in the market protect you cash like you will.

• Review fromJefrey p

  Date: 12/06/2024

  1 star
  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 fromMarc L

  Date: 11/21/2024

  1 star
  This is an incompetent, unethical and unstable company. I purchased a software license to trade algorithmically in August of 2024. In a month the software generated one (1) winning trade and my account was down 26% so I shut off trading. When I was considering investing with them, the salesman, *******, was available at any time on his cell phone finally offering me a discount to sign up on a weekend. When I was concerned about the terrible performance, he disappeared and to this day does not respond to calls or texts.The owner of the company, ******* *******, did not respond to my inquiries until the commodities broker contacted him on my behalf. I have a 90 day money back guarantee and he claims that the company which has been in business for 11 years and sells 5 algorithims is too broke to refund my little license fee. STAY AWAY.

• Review fromDan H

  Date: 06/25/2024

  5 stars
  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

  Date: 06/26/2024

  Thanks for the review! 

• Review fromMauricio P

  Date: 11/20/2023

  5 stars
  "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

  Date: 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 fromBob B

  Date: 11/14/2023

  5 stars
  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

  Date: 11/15/2023

  Thanks for the review! 

• Review fromJonathan Z

  Date: 11/13/2023

  5 stars
  I've been with Algorithmic Trading for 2 months and I am very happy. The program has been as advertised. It is totally passive. The only thing I do is check the account periodically. There are quite a few days with no trades, a handful of days with small drawdowns, and a few days with large gains. Overall, I'm up $11K on a $70K investment. I plan to continue with the program, and will add to it over time.

  AlgorithmicTrading.net

  Date: 11/14/2023

  Thanks for the very kind review! Glad to have you with us.

• Review fromDermot R

  Date: 11/09/2023

  5 stars
  I've been with these folks for just shy of 4 months and I'm up 14%. Not bad. I did see things go down a little in the beginning, but so far everything has been exactly as ******* said it would be. There's a lot of fluctuation in the performance of these algorithms, but over a 3-6 month period they really do even out. Can't wait to see how it is over the longer term!

  AlgorithmicTrading.net

  Date: 11/10/2023

  Thanks for the great review! Very much appreciated.

• Review fromJames S

  Date: 11/04/2023

  5 stars
  Started at the end March 2023 with the Elite Trader package. Results have been very positive since I started. There is no system that nails every trade perfect and this still will have loses. However, looking at my results where I see Rich's system working really well is it lets the winners run to extraordinary gains and cuts losses relatively quickly so your average gain is much higher than the average loss. As of 11/3/2023 I've calculated ROI to be approximately 37%, with a max drawdown of 13.2%. On a daily basis I've noticed my win/loss ratio actually has more losing days than winners, HOWEVER, as I mentioned be prepared for some HUGE winning days which more than make up for those losing days. So far, I'm very happy I've signed up with Rich at AlgorithmicTrading.net.

• Review fromBrad P

  Date: 11/03/2023

  5 stars
  Im very pleased with algorithmic trading.net. I started trader plus in mid August 2023. Just within two months my account grew just shy of $10,000. I will be joining the elite trader soon. I highly suggest anybody who is trading and losing to give this company or try. The only thing you have to lose when you trade is your money. Remember that. 85% of *********** is traded through algorithms and 95% of traders like myself lose.