Algobi 

My experience involving $194,443 was one of the most stressful financial situations I have ever had to deal with, and the effect it had on my everyday life was something I never expected. When I first invested the money, I was hopeful and believed I was making a decision that would eventually turn out well. I never imagined that I would later spend so much of my time worrying about what would happen to such a significant amount of money. As the situation continued, I began receiving repeated requests for additional payments, and that was when I started feeling that something was not right. I had already invested $194,443, so being asked for more money without seeing the progress I expected left me feeling frustrated, confused, and increasingly anxious. The situation began affecting my normal routine because I could not simply put it out of my mind. I found myself thinking about it throughout the day, struggling to concentrate properly, and constantly wondering whether I had made a serious mistake. Even when I tried to focus on ordinary responsibilities or spend time relaxing, the uncertainty would come back into my thoughts. I became emotionally drained from repeatedly asking myself what I should do and whether I would ever see my money again. Eventually, I decided to seek assistance and contacted 𝐸malax. I explained what had happened and approached the process carefully because I was understandably hesitant to trust anyone after everything I had experienced. I took my time, asked questions, listened carefully, and followed the steps one at a time. There were moments when I still felt nervous and uncertain, but I remained patient and focused on finding a way forward. Eventually, according to my personal experience, the full $194,443 I had invested was recovered. The relief I felt afterward was enormous because I had spent so much time carrying the worry with me every day. Having the full amount returned allowed me to finally feel that I could move forward and begin putting the constant stress behind me. This experience taught me that financial difficulties can affect much more than money; they can affect your concentration, your routine, your peace of mind, and the way you approach everyday life. I learned to pay closer attention to unusual payment requests, verify information independently, ask questions, and avoid making financial decisions simply because I feel pressured or afraid. I am sharing this as my personal experience with 𝐸malax and the outcome I personally experienced, while understanding that every person's circumstances are different. For me, the period surrounding my $194,443 investment was extremely difficult, but seeing the full amount returned gave me a sense of relief that I will always remember.

I started with 200 , my handler was Muhammed . He added another 200 .He guided me with investment.
When I saw the account was profiting in closed some of the deals and made profit . I requested for withdrawal of $344 which was available - this was approved pending transfer into my account . This never happened . Muhammed instead called me and ask me to do another investment and ask me to cancel the withdrawal request ,with that there was an email from him saying my withdraw was successful and pending transfer again this never happen . He said the account is now $1000 , at this point I was not able to access my account as Muhammed changed my password .
1 week later my account is now worth $24 and I don’t have my investment or any withdrawal or transfer into my account . For those planning to invest , pls do a check before any investment .

I started with around 3500 usd and gained 46 thousand usd. After changing my account manager for no proper reason the new account manager started open so many positions with high volume. Now they are pressuring me to add more funds for my account to not turn 0 and my profit is decreasing. I am still online with the team in London and I am based in dubai but I need a solution to not loose my money.

I made a profit on my stake. I wanted to reclaim the majority of it. The answer from a very frustrated character at Algobi: "You can put any amount to withdraw and wait for years! Good luck, Omid Davidson".

I refused to accept phone calls if they not pay out my money, I wrote that by mail to those arrogant bastards. Their answer:
"Mr. Paul,

FYC,

Due to the lack of effective communication and in accordance with our Finance Department’s policy to protect our clients’ funds, we have decided to reject all requests concerning your account.

Best regards,

Omid Davidson
Chief Officer"

That sentence should be "to STEAL our clients’ funds, we have decided to reject all requests concerning your account."

I would give zero stars if I could. After asking to withdraw my money for an emergency I had the next day I had zero in my account...weird right they said it was a volatile time. Conveniently. So that was that and they actually had the audacity to ask me to invest more money...lol. after leaving a review they said in good faith they would at least refund me 250 dollars which I must say surprised me. Then I tried to withdraw the refund and they end up refunding me 90 dollars...what a joke. Pathetic. They are money hungry and if you invest tons you do get money out but their advertising to invest with a small amount is just a way of catching you then you put in a little more and a little more and then when you need funds for any reason you will have unfortunately have a bad investment day and lose everything....absolute waste if time unless you want to invest loads of money. I will be out of country for a while I will be back on the 4th September

I have invested from 16 June till 10 aug usd: 19,000, have only withdraw usd:100. Last deposit was usd:4,700 (this they said to do to get my account from standard to silver, since as per them silver account my balance has to be near usd:44k) my account manager also said that with silver account I wont have to pay tax on withdrawals, and now last week their finance person is saying I need to deposit and pay income tax on my balance thats around usd:6,750 on my total balance. They said their Swiss Bank will call to confirm the withdrawal, so someone called (the telephone number looked similar as the number from this trading company, I think they call from internet phones, )so this guy calls saying I am from Zurich bank and I need to pay the tax inorder to for my funds to be transfered to my bank.
All issues started when I spoke of withdrawal, they make you deposit even more..
(My Algo-bi Member number:1139181)

I invested money for trading for few days they are calling me to open a position and then close position. When my trading gain profit of around $750 I requested for a small Cash put. They approve my request but after withdrawal suddenly they emailed me regarding of Stop out. I emailed them where did my balance went? Where did my profits went. They can not answer me a clear explanation.

After few or 4 months one of their finance department officers called me up asking if I wanted to proceed trading or not. I answered, why should I proceed after you all ransacked my dashboard. He responded that he will process a refund. He wanted me to login to my account and informed me he will deposit to my bank account my money but I must navigate my platform. But what he instructed me is to process deposit not withdrawal. Still I followed him but deposit failed due to insufficient funds. As I realized earlier he was trying to squeeze funds from my bank account
The platform is clear in it's prompt. It says I will be paying 185.58 Euro dollar. But he insisted that it's not true. I hang up the phone due to embarrassment. I told him after all my lost you still want to squeeze me from my emptiness.

He explained but at the bottom line he wanted me to deposit another capital amount in order for my account reactivation. I told him that's bullshit. You are all scammers . You think I still trust Algobi? He keeps calling me but I don't answer him anymore . Conclusion: Algobi is a scamm platform.

My experience is the same as everyone else's who has written here—it is a complete scam. I invested money in their platform, and at first they called me every day to open or close trading positions. When the investments collapsed, I could no longer get in touch with them, and they left my account showing nothing but losses. After that, they pressured me to deposit more money in a very intimidating way. I have repeatedly asked them to provide written explanations to clarify the situation, but they refuse to do so. Does anyone know what I could do to recover my money? Has anyone successfully managed to get their money back?

What nonsense is this. They totally shut down the whole web. When wanted you to deposit everyday they call and now can't even open the web. Stupid company

Worst company ever to do investment, complete fake and scam, do not invest on those people who treat you like cash machine. Even agreeing on certain terms and conditions they don't follow their contract and obligations. All the so called account manager are worst attitude especially Nicolas.

Algobi.net is a fake trade platform I have lost my money because of them everytime they promise that I will gain I end up with a lost, they were fooling me, and unfortunately I trust them but I end up by losing my money. So I’m writing here to make sure no one trade with fake trade because they will end up of losing their money.

The service that algobi provided is extremely poor. When deposit money they're extremely good. When want to make any withdrawal they totally ignored all emails. My account manager was Christa U. She is totally cannot be contacted anymore.

I would like to share my experience to warn others about this company.

I deposited USD 2,600 and, after only two days of registration, decided to withdraw my funds because of the constant pressure to deposit more money. I submitted a withdrawal request for my funds, but to this day I have not received the money back and there has been no clear resolution.

Based on my experience, I strongly advise others to exercise caution and thoroughly verify the legitimacy of any investment platform before depositing funds. Do not deposit additional money until you have successfully withdrawn and received your funds.

So, following my review on here, Algobi say they'll return my $100. No mention of the $16 i made in trading profits, but no matter, I'll be pleased to get the $100.
But will I get it?? I'll be back to report, either way.

Nikolas is a conman and algobi.com is the HQ where conman and scammers congregate to practice their craft.

*** Do take note, algobi.com will advertise in Google Ads but under the disguise of some prominent news agency. That's how I was conned!

After losing US$17,000 in a mere one month by following Algobi's trading instructions (via Nikolas) and my reviews in Trustpilot, I received multiple emails from Algobi offering pittance refunds to me in incremental amounts of US$900, US$1,000 and the latest US$2,000 (email reproduced below).

After stealing our bread, Algobi is throwing bread crumbs back at us in an attempt to settle the matter. What does Algobi think of us? Beggars or Stupid?

Before depositing my money, Nikolas talks constantly about making "BIG $$$" with him.
When I questioned him about the huge losses, he merely said there's nothing he can do!
I then realized that I have fallen for Algobi's trickery. Small profits at the beginning is to entice you to deposit more funds. Thereafter, trades advised by Nikolas begins to suffer heavy losses for Algobi's benefits, who is the counter party to these CFD trades.
__________________
complaintsdept

Without prejudice.
We hope this email finds you well.
Please be informed that, as a gesture of goodwill and in good faith, the Company is prepared to offer you a refund in the amount of USD 2,000.00 cash under a settlement agreement.

Upon acceptance, the funds will be made available to you, and you may use them at your discretion, including withdrawal or trading activities.
Should you agree to this settlement offer, kindly reply to this email stating: “I Agree”.

Kind regards,
Complaints Department

The service was extremely poor. They contacted me repeatedly about depositing money, and after I deposited it and started working on the platform, I tried to withdraw it, but it was rejected multiple times. I contacted the account manager, who told me the transfer was pending and had been uploaded, but then I was told to wait, only to receive another rejection. This is very bad service. Please contact me to resolve my issue. Customers should be treated with respect.

Very bad experience as per your team any time money can withdraw how ever last 28 May 2026 I withdraw until now money is not reflecting my account

Totally scammers. Avoid them.