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