Start Algo Complaints & Reviews

This company is the biggest fraudster, please dont fall into its scam, they will show huge profits and at the end all your money will be washed out . SATISH its employee will talk in a proper manner but will scam you at the same time .dont fall in this trap ....

Hi sir

I am Basilkumar
From tamil nadu.

Start algo approach to me joined with start algo trading. This is automatic trading. So I am transfer 15000 ₹ . After they re asking my demat account. I have demat account in Ventura wealth. After the company side we not providing ventura API not supporting our software. If the case they’re should refund the amount
15000 ₹ . But I try to ask money time they don’t want refund. Please help me to solve the problem. I’m attached my transfer proof

START ALGO GST Cancelled on application of Taxpayer (Effective from 01/11/2023)

For last 7 to 8 months start also mr matadeen rajput used to send me the profit photos. I also thought to become the member and the procedure started. I paid the fees gor 6 months.1st day of trading, matadeen told us to login. I got loss. Second day l the same thing happened. 3rd day again same thing happened. Then he told wait for 2 days don't login. The reason he gave, that there is upgrading of app. Then again after two days losses. Then mr matadeen rajput told that he is out of station and not going in office after 10 days when he arrives he will do the needfull. I faced the loss of appro 80-90 thousand. Now noone is picking up the phone.

Inke sath kaam mat karo ye fake screenshot dikhate hai pehle subscription lene ko bolte hai inke sath kaam karke lagatar loss hi ho raha hai... Fake calls dikhana fake data dikhana inki adat hai logo ko fasane ke liye ye sab aise karte hai achhe achhe profit ke screenshot dikhate hai aur jo bhi loss hai unke dikhate nahi aur unke executive bhi bahot rude aur unsecured behave karte hai

Respected Traders, the Start Algo company is a fake trading software company. I joined this company with a subscription plan of 3 months in 15000 rupees plus 3000 rupees for maintenance charges. Now I am getting losses on a daily basis. I am adding screenshots of 3 days. Initially, I joined their whatsapp group, in which they provided screenshots of profits, but after joining, I am making losses on a daily basis. So traders, plz do not join their company. This is a group of fake people. Please stay away from start algo. Start algo is a fake company. Start algo makes the people fool.

I am requesting all the person please don't buy there software. There marketing person (Hari and Sandeep) will approach u by sending u so many screen shot of profits and they will not share u which is loss and they will tell u there algo software will generate so much profits (every day 3k to 4k 100%). When u will make to join they will charge u 15000 for 1 month and undertaking that they r not responsible for any losses. After paid they...

I've been attempting to get back my funds from this site for several months, but I've been encountering errors. I strongly advise against depositing your money on this site. I was able to recover my money thanks to Durafox Tech, I came across their services via Google, and they assisted me in regaining access to all my funds....

A guy named Satish ([protected]) called me to explain the software and told me no losses more than 1500 and 50-60% profit in a month. Made me sign a disclaimer that they rnt responsible for any losses. I denied so he said it's just a procedure. And 3days got profit n convinced to upgrade my subscription for more profit and then losses after losses. And after that doesn't pick up calls or respond back

Be alert, Team of algo software approach to Provide Software for Trading and demand for Subscribtion fee, Once the Payment is received they'll demand for 30k to UpGrade the Plan, Start cheating by Updating Wrong Trades/Profit's.
Later they say Basic plan with only One Strategy's by the you'll all your subscribtion fee, Never Supports for login and Trading....

This is the biggest fraud stock market company you will ever see.Dont invest 1 rs of your hard earned savings in this company.Agents named Amit and shweta will not die in peace and their whole family will suffer one day.They will call you back to back dont answer.What ever you invested forget that money and move ahead in life.

My experiance

1) Software is not reliable
2) Today I saw Data appearing in Trade signal & Trade History of algo is not matching with Demat A/C. Data is not Authetic. Its a blunder.
3) Incurred Rs.37K Loss from Last 5 Days.Again they are charging Rs.11000/- per month towards software & Rs.1000 for Maint.
4) No clarity about software to sales personnel. If asked along with proof, they are saying its IT Error.We will discuss the same with IT and inform. But here Customer is losing money, for that who is responsible.
5) In Start Algo, you can not modify stategy defined. And Auto Transactions are taking place against Market Trend resulting Losses every day.
6) NOT a Trustworthy software.
7) On second day I called the person to who I was Interacting and shoed him wrong strategies issue.Then he aksed him for mannual Invervention in Demat.

PLEASE DO NOT TAKE THIS START ALGO SOFTWARE, YOU WILL LOSE YOUR MONEY.

Strategies are fake and software is fake
They are not worried about your profits
Their ultimate goal is to make you subscribe for 6 months.

Fraud company who took ₹2500 from me for 1 month service promised by a
certain scammer named Ram & I am filling a police complaint with all proof & phone recordings so that he doesn't cheat others. Be warned don't deal with this man or company.

Start algo advisor Mehek who with very nice words and showing profits everyday which are system manipulated don't trust she promise and keep forwarding profits don't trust there business is to just take one time payment and wash off our demat balance. When u ask her about complaints on company she will say it's customer fault they don't login but it's not like that customer will loose all there capital how will they login. Start algo doent even have any other number where you can raise complaint it's purely cheating business

Don't pay to them. There marketing person will approach u and will send u many screen shot of profits and will tell u there algo will generate so much profits. When u will make to join they will charge u 45000 and undertaking that they r not responsible for any losses. After paid they will give u many loss. U can't do any thing against them as u signed undertaking. They are only doing in a hit and trail method...
Start Algo is a chitting company.

I paid 85k as yearly subscription and i get continous loss .
I loss more than 1.5lac completely . They em behaviour is hell rude .
Please dont trap in these frauds

Company has convince and assured me to get more profits in share market by sending me fake profit screenshots and tooked the fees of Rs. 15000 to trade, adding the fund of 60000/-
Initially they made around 2k profit. & Asked to upgrade plan for more profit. This is the place i trapped. Later they made only loss... Just 1 days loss of 35k. They assured me to wait to recover loss.. but the flow of losses carried on... My whole fund droped down to 4k. They have no answers of loss fund nor giving any refund. The service is worse. They don't have any single strategy that works. Just unwanted multiple trades with lots of brokerage with huge loss. Nor maintained proper stoploss.
These fake companies should be shutdown. As they are playing with people emotions as we handover our valuable fund to such trading company to get some profit & later they deny doing anything but a loss in share market, and we fools keep the fund with them just to recover loss but our recovery is end up with 0.

I subscribed start algo plan on 24 oct2021 for one month package of Rs 10000 . After deployed I got regular losses from start algo. I call him for this issue but they force me paid extra money for new strategies. I asked to change my strategy and request to start algo but they didn't start and stop my services before validity. I called him but they didn't reply me.
I request you to take action against this type of fraud algo companies which are chit people's.

Start algo feeding in stock market they are playing with people money..Worst experience with this company..

We had joined recently in start algo one month ago, We had paid 45k (Fees) and handed over the account with funds 45k, the team had drained my funds from 45k to 12K (33K loss) and agreed to compensate the same and now no one is replying to messages or while we call they are lifting the calls.

I received phone calls from start algo company. Their web site is https://www.startalgo.com/ . They told me to do trading through them and make good profit. They sent me lots screen shots of their client's profits.
YASH- [protected] (Start algo employee) called me and convinced me to login with them. Their 6 month plan was at 40000 INR. I have subscribed and paid 20000 first installments. After activated service, I found loss in many trading sessions, so I asked them to refund my money and I don't want to be with them more. So they proposed me to add more money and upgrade plans, I denied with them. Now no body is picking up my phone call and nobody is look into the matter of refund.
They are totally fraud.
Please look into the matter and help me to get my money back.
They told me to give me invoice with GST, Still they ddidn't give me.
My name is TUSHAR PATE- [protected] is my phone number.

Start Algo is a chitting company. Don't pay to them. There marketing person will approach u and will send u many screen shot of profits and will tell u there algo will generate so much profits. When u will make to join they will charge u 50000 and undertaking that they r not responsible for any losses. After paid they will give u many loss. U can't do any thing against them as u signed undertaking. They are only doing in a hit and trail method. Pls itna pesa loss ke khud trading sikho. Mera bahut pesa loss hua he. I am sharing my experience. It is a indore based company. Next kisiko agar mera loss ka proof chahiye to contact me reply inthis site . I will contact and I will give my trading account details sothat u can see really.

Start algo have cheated me after taking the money they certainly venish Mr Tariq and Mr Anil was responsible that do not response my call WhatsApp mele no call so I am been so much loss after quitting with them this is a trading software but it's a huge cheating going on