Algo King Complaints & Reviews

I have taken one month algo trading service from Company named Algoking . They charge hefty amount of 14000/ per month and another 2000 for charges towards API access by zerodha.

They claim their success ratio is 80% and RR is 1: 2. It is bogus claim and success ratio is only 20% to 25 % and RR is not even 1: 1 . So you end up in loss. I am now staring at 25000/ total loss. Do not believe these people as now they started not taking my calls and it is waste of time and your money. First tine beleived in and lost money.

The company is making false commitment and just fishing people
'after u pay them they are not responsible for anything, they will not respond u properly and making false commitments

I, Mr. Amulya Kumar Das, from Bhubaneswar, Odisha. I purchased robot on 28th March 2022. My mail Id is [protected]@gmail.com. My account Details Client Id - SNCW1021
I have deposited Rs. 15, 000. 00 (Fifteen Thousand) on Algo King IT Company for the robot trading software. I have talked to Mr. Baibhav regarding my account. He assured me that the company’s robot software will give me 100% profit. He told me that after purchasing the robot I can invest on Angel One, A Broker Company through which they (Algo King) can trade and give me profit. After all the conversation and documentation they opened my account on both Algo King and so also on Angel One. Then I have deposited to Algo king 15, 000 for their robot software fee. Again 30, 000 I have deposited on Angel One.
They started trading from 29th March 2022. After some days near about 5/6 days I faced loss. My account got loss day by day. Then I had decided to withdraw my invested amount. Then I withdraw Rs. 25, 000. 00 From the Angel One Account. Because after loss the remaining amount was 25, 000. Due to their irresponsibility and the accuracy of their robot is 0%, my account got loss of Rs. 5, 000. Then I called Baibhav and said that I want my invested money back of Rs 15. 000. 00 which I had paid to buy the robot, because their robot did not work. But after that conversation they did not pick up my call.
Now they refused to refund my amount, including the robot purchased amount, which was not working properly. But there is no response and not pick up my call.
They are only a scam, no revert back from their side, they are fraud.
I am going to take legal action against this fraud company.

I, Mr. Amulya Kumar Das, from Bhubaneswar, Odisha. I purchased robot on 28th March 2022. My mail Id is [protected]@gmail.com. My account Details Client Id - SNCW1021
I have deposited Rs. 15, 000. 00 (Fifteen Thousand) on Algo King IT Company for the robot trading software. I have talked to Mr. Baibhav regarding my account. He assured me that the company’s robot software will give me 100% profit. He told me that after purchasing...

Ye pune ki company he . pehale aapko profit wala pal dikhayenge . jab join karate to rob loss hoga . kal to is company ne nifty ne jan expiry me position banai expire contract me entry ki aur 6000 profit dikhaya pnl me. repaint karte Samay vo expiry dekhna bhool gaye aur pakde gaye .
bhai log is company se Bach ke raho. varna doob jaoge.