Comments on Algotechs

In this section we will analyze the broker Algotechs, is a Forex and CFD broker. Is Algotechs really recommended to make an investment? Or is it better not to invest with this company?

We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns. It should be noted that Algotechs does not have a website in Spanish, but, due to different messages received from Spanish-speaking clients, we have decided to review this broker.

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Essential information: Who does it belong to? Where is located? Is it a regulated broker?

The broker mentions being part of: Algotech Limited.

As to its location, broker mentions being based in: Manchester, England.

If we analyze the regulation of the broker: they do not mention anything about any regulation, so we believe that it is a UNREGULATED broker.

If now we go on to analyze account types offered by Algotechs, we note that it offers 4 types of account: the Standard Account, the Gold Account, the VIP Account and the Diamond Account.

Standard Account: minimum initial deposit of $ 2.000, personal account advisor, personalized financial plan, online platform.

Gold Account: minimum initial deposit of $ 20.000, personal account advisor, personalized financial plan, online platform, no commission for withdrawals.

VIP account: Minimum initial deposit of $ 100.000, personal account advisor, personalized financial plan, online platform, no commission for withdrawals.

Diamond Account: Minimum initial deposit of $ 500.000, personal account advisor, personalized financial plan, online platform, no commission for withdrawals.

You can see even more features about the account types of the Algotechs broker (click aqui to see the image in full size) in the following image:

Algotechs account types
Algotechs account types

The platforms to operate that Algotechs offers are: MT4 and the automated system (robot) that they talk so much about on the Algotechs website.

We will now analyze the different resources and aids for traders that Algotechs provides on its website.

Algotechs website
Algotechs website

Algotechs provides the following help or resources to traders or interested parties: they have a blog with different articles related to investing with automated systems, as is the case with Algotechs.

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Other information about Algotechs

Some more information in case you want to contact the company, or see its website for yourself.

Website: algotechs.com

Phone number: + 44 20 38 689 901

Email: [email protected]

>>> Valuation on Algotechs <<

Ending with this section, in our opinion Do we believe that the Algotechs company is reliable? Should you invest your money with the company?

The truth is that, we think it is better to be careful because: it is an unregulated broker, it offers an automated system, it mentions being based in England but it is not regulated by FCA (as it should, any regulated broker based in England), it offers earnings too high.

What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.

We leave a vote open so that traders, clients and users of the broker can vote.

What do you think of Algotechs? What has been your experience?


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About the author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.

About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.

Do you want more information? You can read more about me here in my biography.

2 comments on «algotechs»

  1. Benjamin Reply

    This company is a hoax. My husband was scammed, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hi Benjamin, thanks for writing about Algotechs. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

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