Start Algo Information Technology Complaints & Reviews
Bitcoin trading
Under the name of start algo information technology some members have created a page in Instagram the name is bitcoin_traders_india can we trust this
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Error in software
Lost more than 80% money in one day due to error of software. Also it is too costly. Software is showing profit but in my account it is showing 80% loss.
Their profit screenshot are not matching with trade. Better avoid this.
Their profit screenshot are not matching with trade. Better avoid this.
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https://www.consumercomplaints.in/start-algo-information-technology-algo-trading...⇄
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Refund not oorocessed
Start Algo
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Scam to loot money in Trading
| Address: 26 A, Sector A, Chandra Nagar, Indore, Madhya Pradesh 452001 |
| Website: www.startalgo.com |
Alert- Stay away from Start Algo and save your money. You will get loss only.
I will share my full experience here. I was very reluctant not to take service from any robot trading software but she was continuously sending photos of profit for 6 months and called me frequently to try once so I took service by paying 10500/- discounted rate for one month. I knew afterwards they used to ask to take another package for big profit but she said we don’t do like that but same thing happened as soon as I took package, I got loss on first day then I called her that already market was one sided then why software stopped trade in loss. She said it happened due to single strategy and then she told me I will get call from senior. And then senior called for offer that I can get discounted rate for 6+2 months around 38 thousand and I have to pay only remaining amount and offer is only for 2 days and so on. They both were trying to tell profit can be only on multiple strategies, not in single strategy. Earlier she was telling you can get max 2k loss and min 2k profit in single strategy even. While taking monthly package, she convinced me that I will get at least 18 days profit and 4 days loss.
My concern was only to get at least 10k profit after their charges of 10k in month. But believe me my overall fund was also gone in minus 8k, not recovered fees and no any addition to fund. No profit at all after a month but loss of 8k + 10.5k fees. The software doesn’t work properly, when market on one sided on 22nd Nov., software automatically closed trades in 7 seconds. Same happened on other day, when everyone can get profit in manual trading without much knowledge as totally trend was one sided and banknifty fallen about 1200 points in one day but software closed trades in loss. SL also doesn’t work, I was seeing good profit in my trading account but when market reversed, order closed in loss only then it is better manual trading only. I advise all people don’t get in trapped in this start algo software, the lady who was talking very softly before taking software, she changed her tune and talked very rudely after asking about what is fault is software and why trades getting stopped automatically when it can give profit. If I ask anything about software, she and her senior both again send photos of profit of others and asked to go for multiple strategy, my question is that why single strategy is not giving small profit also when their multiple strategy can give profit on 20k and then why they sell this strategy for one month. It is totally scam but they take undertaking that fee is not refundable and they are not advisor so you can’t go to SEBI also. So it is better to stay away from such legal frauds and scam. Nobody can get profit at the end of a month in start algo robot trading, and you can see earlier genuine reviews also, the reviews which they show more than 4 star, you can easily understand its genuineness.
I will share my full experience here. I was very reluctant not to take service from any robot trading software but she was continuously sending photos of profit for 6 months and called me frequently to try once so I took service by paying 10500/- discounted rate for one month. I knew afterwards they used to ask to take another package for big profit but she said we don’t do like that but same thing happened as soon as I took package, I got loss on first day then I called her that already market was one sided then why software stopped trade in loss. She said it happened due to single strategy and then she told me I will get call from senior. And then senior called for offer that I can get discounted rate for 6+2 months around 38 thousand and I have to pay only remaining amount and offer is only for 2 days and so on. They both were trying to tell profit can be only on multiple strategies, not in single strategy. Earlier she was telling you can get max 2k loss and min 2k profit in single strategy even. While taking monthly package, she convinced me that I will get at least 18 days profit and 4 days loss.
My concern was only to get at least 10k profit after their charges of 10k in month. But believe me my overall fund was also gone in minus 8k, not recovered fees and no any addition to fund. No profit at all after a month but loss of 8k + 10.5k fees. The software doesn’t work properly, when market on one sided on 22nd Nov., software automatically closed trades in 7 seconds. Same happened on other day, when everyone can get profit in manual trading without much knowledge as totally trend was one sided and banknifty fallen about 1200 points in one day but software closed trades in loss. SL also doesn’t work, I was seeing good profit in my trading account but when market reversed, order closed in loss only then it is better manual trading only. I advise all people don’t get in trapped in this start algo software, the lady who was talking very softly before taking software, she changed her tune and talked very rudely after asking about what is fault is software and why trades getting stopped automatically when it can give profit. If I ask anything about software, she and her senior both again send photos of profit of others and asked to go for multiple strategy, my question is that why single strategy is not giving small profit also when their multiple strategy can give profit on 20k and then why they sell this strategy for one month. It is totally scam but they take undertaking that fee is not refundable and they are not advisor so you can’t go to SEBI also. So it is better to stay away from such legal frauds and scam. Nobody can get profit at the end of a month in start algo robot trading, and you can see earlier genuine reviews also, the reviews which they show more than 4 star, you can easily understand its genuineness.
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| Address: 26 A, Chandra Nagar, First Floor, Madhya Pradesh 452011 |
| Website: www.startalgo.com |
I had subscribed to the algo service provided by the company on assurance by the sales person that i could make consistent profits with even a small capital. He persuaded me to subscribe for 6 months service on this assurance. After making the payment they said that i have to sign a disclaimer that the company will not be responsible for any losses. This is a normal phenomenon that no trader can always make money from the market.
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188 other people found this review helpful
188 found this helpful
Start Algo Information Technology Recent Comments
- Chaeters
This is a cheating company. Do not get trapped...1
- Bitcoin trading
Under the name of start algo information technology...3
- Refund not oorocessed
Start Algo...2
- Error in software
Lost more than 80% money in one day due to...1
- Scam to loot money in Trading
Alert- Stay away from Start Algo and save...3