Algo Official Review: The AlgOfficial automated software claims that through its algorithms and high level of accuracy it can trade forex, commodities, stocks and indices to make you huge profits. We decided to investigate further to see if it is no different from the numerous scams we have come across.
Who owns the algo official
One sad thing we found about Algo official is that the owners of the software were not disclosed. The people involved with this software decided to remain anonymous, so we are dealing with a software with an unknown owner and this is certainly risky.
Table of Contents
Algo Official Scam Exposed!
What we get from the developers of this software are empty promises of making huge profits with little effort. You simply register, connect to the software and sit back at home and watch money flowing into the account. This is what these scammers wants us to believe when the truth remains that you will have to put in your hard earn money which they would steal.
Also, we found out that the demo account that comes with the software is misleading, the results you get when trading with the demo account is the opposite of what you get when you trade with real money. What they did is to manipulate the trading results so that it will always make profit on demo mode, but as soon as you trade with real money, you will discover that Algo official places losing trades thereby depleting your deposit.
From what we have seen, it is obvious that they are doing all this to lure you into depositing your hard-earned money with their affiliated brokers and as soon as they succeed , these scammers get their share of your money as commission for referring you. The software would now place loosing trades. The sad thing is that you cannot get back your money from them. We always advice you deposit to trade with only trusted system that can make good profits for your investment.
Review Verdict
Algo Official is a SCAM
Conclusion
AlgOfficial is not a reliable auto trader. There is nothing to benefit from, rather it will lose your money. Therefore, we advice our readers to shun any further thought of signing in for the Algo Official software because it will end up being a waste of money.
Trading in the financial market could be very profitable, only if you use legitimate softwares and tools. Run away from scams, they will lose your investments and leave you devastated. Only use systems recommended by our team of professionals.
Thanks for reading our review of Algo Official. Stay safe! Fight scammers