Algo Signals review – the worst service with a SCAM demo

In this review of Algo Signals we will prove that this trading signals service is a dirty scam.

What Algo Signals is about

Algo Signals reviewAlgo Signals will provide you with trading signals for Forex markets and cryptocurrencies. You will just have to execute trades based on signals generated by the platform.

The presentation of Algo Signals doesn’t say how much you will make with this program, but it suggests you will be highly profitable. With very positive testimonials it is what you obviously are supposed to expect. You can try the program on a demo account with $1,500 in virtual money.

Since the program is free, you are supposed to believe that you can start making money in trading right now for free.

Algo Signals is a scam

You should always be suspicious when somebody is offering you free money, especially in financial trading. The truth is that Algo Signals is a scam.

Fake testimonials

Algo Signals testimonialThe Algo Signals’ website feature clients’ reviews and testimonials. These people are endorsing the system and claiming they have made money thanks to it.

But all these reviews are fake. As you can see on our picture, these testimonials were fabricated with stolen photos of people that have nothing to do with this program. In the example on our picture they used a photo of a writer.

Cloned scam

Algo Signals scamThe trading platform used by Algo Signals is a piece of software that is used by scams. We have seen several other fraudulent trading programs based on it.

On our picture on the right you will find an example of such a program, you can see that Crypto Masterbot is exactly the same piece of crap.

Scam demo

By far the most dangerous aspect of Algo Signals is that its demo is fake. Meaning that it will generate fake profits that would not happen in real trading.

This way you might get the impression that the software is profitable, but it is not, demo trading results are faked!

How it works

Why would somebody try so hard to persuade you that a free software is profitable, while in reality it is not? Because if they manage to persuade you that Algo Signals is profitable, you will sign up and then they will push you to deposit money with one of their unregulated brokers.

They are being paid by these unregulated brokers for bringing in new depositors, this is how they make money. They need you to deposit money with them so that they get their commission, and they don’t hesitate to use lies to just make you do that.


Algo Signals is a pure scam, the software is losing money, don’t trade with it, stay away from it!

If you want to try financial trading to make money, start on a true demo account with a regulated broker.

Practice on the demo until you understand how trading works and how to achieve profits.


BrokerRegulatedFree demoLink

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 77-81% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply. eToro USA LCC does not offer CFDs, only real Crypto assets available.

Comments 1

  • Ok, I’ve been hearing a lot about this software, I’ve read Every Review on it and Seen YouTube Videos from People who Seems like their actually making Money with this system,I started to take interest in Crypto Master Bot following on YouTube this guy from the BLW group and another guy the host a program “sit on my bits” from London or England “IDK”, then while checking out Crypto master bot researching online? then I was brought to Algo-signal and was told their the Original and that Crypto Master bot is the fake… now after reading multiple review on ALGO-SIGNAL?the Only Question I have is? why don’t they say who are their TRUSTED BROKER?, on every Review I’ve read it always say’s that they deal with trusted broker’s but never mentions Who it is?, Finally I sign up to them to see how they are and try the software and later that day I get a Call and an Email From “GSI Markets Ecn Connect” which I’ve never Heard of or I never Sign on to them!, they stated that they received my Enrollment which I never sign up to them, and started to ask Questions, I asked if they were Affiliated or do business with “ALGO-SIGNAL”, they stated that their a seprate company and they were based out in Columbia, now I live in Panama so that’s not very Far so I started Investigating them and Found that this Company doesn’t have any good rating online, so therefore How can I be sure of any Review on Algo-signals to be True?, Algo-signal nor the Person who say’s that they Review the software never Mentions the TRUSTED broker that ALGO-SIGNAL WORK WITH? do they Work with this GSI Markets Ecn Connect? or not or who do they Work with thats a Trusted Broker?

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