Algoplus 

My account is still locked and there has been no word. Until further money is received, they are holding the payout hostage. Nothing has changed even after i sent the emails. To be honest, i could have applied all of it to #plan2prosper# and witnessed development rather than tension. I will never be that person again.

Many timing requirements seemed to be at odds with realistic trading patterns and disciplined risk management, and higher-level traders were unable to modify the technique.

Only #Valuemining...# takes a cool, collected approach to trading.The #payment system runs smoothly and consistently.

It was presented as a professionally managed trading solution, but as losses mounted, there were no regular updates, no thorough performance reports, and no clear explanation of how transactions were carried out.

I know #Coventry# #Securities# #CovSec# keeps trading structured and thoughtfully managed.supports that structure with consistent, on-time payouts.

The scam is this: They take challenge money and the rest is a complex labyrinth of deceit.. THERE ARE NO PAYOUTS. What they want is the challenge account money from as many people as possible. I doubt if the software dashboard is real or actual trades are made. FET is their so called prop firm who is part of the scam. When communication stopped, it stopped exactly on both FET and AlgoPlus the same day. This proves a partnership. No physical address for either. No verifiable trade records are available FROM ANY legit EXCHANGE. No last names of any employees or owners. I have hired a cyber investigation company, and contacted the FBI. It's important these people are located and prosecuted. They have IP addresses and Telegram can trace their movements. They use Fanbasis as their creditcard company and Telegram as their client communication media. Stay away. If anyone has more ideas as to how to nail these people... do it. This is a very complex scam that has been perfected. The dashboard is a video mockup.

How in the PHUCH are they still advertising on Youtube.

I can't believe they are still operating and taking fake forex challenge money..

I found out 3 weeks before I was supposed to get paid that they were fake.. So it helped a little bit.

Can someone get in contact with Youtube and get those ads to stop running???

It's unfortunate that they are still up and running..

I'm sure they are reading this review and laughing..

I have my own prop passing software that I was adjusting, and now I'm close to passing my test at FTMO..

Pretty slick how they call you on telegram trying to get you to give them another $1000.00 dollars..

I bought a few Prop trading accounts from Algo Plus aka now Algo one back in July 15th 2025 , The Prop firm that they are affiliated with is Funded Elite traders aka now Funded Edge Traders. They never paid me they tried to stringing me out using multiple excuses. I was able to recover what I paid them from my Bank. Be warned they will never pay you . Also here is a list of previous company names they have used in the past.
Trading Plus
Expert Elite funds
Skillfulltrades
Algo Plus
The current names they are using to scam people a are:
Algo One
Flowing Funded
They just opened shop recently on Telegram and are scamming away.

btw that customer service gig that they have going by scheduling via Calendly is so smooth and convincing.

Please do not invest a penny with these crooks. They go under several different names algo plus algo x fundedelite fundededge. If you have invested please complete a bank charge right now

Scam site don't trust them!! I got ripped off !!!
Thankfully “ t radeclaim” was able to retrieve my £47,000 without any problems and delay.. Highly recommended

Adding my voice here to confirm that all the complaints here are very true.

Now, they go by the name AlgoOne, and with same business model.

It was all going well until I requested my payout, and that was it. Had been on the matter with them for the past 3 weeks, only for them to now block me off on every communication channel, deleting our entire conversation on Telegram too.

They're big time scammers.

Well after what seemed really positive it is a complete scam. Paid for 400k(2x200k) account one with fundedelite and they passed the challenge after 7 weeks then had to wait further 35 days for a pay out. Account was up over $28,000 and was due a payout on September the 19th. I still have received no pay out and now it seems they have both blocked me on telegram. Accout still running and now over $52,000 Hopefully come to face with them one day. Scamming bastards.

It’s been over 90 days and I still haven’t received my payout from AlgoPlus. The process was full of delays — first waiting for them to “pass” my challenge, then trade the live account, then another wait for “processing.” When payout time came, they claimed to have technical issues and stopped communicating clearly.

After looking deeper, I realized they use fake prop firms like “Funded Elite Traders” (now “Funded Edge Traders”) and charge a $30/month “FastPass” fee that provides no real benefit. The delays seem intentional to push you past refund or dispute time limits.

Now I’m seeing the same operation rebranded as “AlgoOne” working with “QuantumFundingTraders.” It’s the same setup under new names. Be cautious — this appears to be a coordinated scam network.

It's been over 90 days now and I haven't received a penny! I waited 35 days for AlgoPlus to pass a 200k challenge using Fundedelitetraders/ Fundededgetaders prop firm, 35 more days for them to trade my real live acct. Than I waited the 5-7 days for processing and when it was time for my payout, all of a sudden they had tech issues and other setbacks. It's been a month since I should have been paid and now I keep getting the run around again. I eventually put two and two together and came up with how their scam operation works. 1st, Algo plus rips you off through challenge purchases and constantly entices you to keep buying more and more fake challenges, while they pretend trade using a fake prop firm called Funded Elite Traders (FET) who changed their name to Funded Edge traders to disassociate themselves from FET due to bad reviews. 2nd, after you purchase several fake challenges, they charge your bank account around $30 a month for an Add-on "FastPass" service under Fanbasis in order to "supposedly" trade more efficiently. And while you wait 80 plus days, any kind of future refund or dispute becomes too far gone! 3rd, they continually give you the run around with payout promises to keep you from submitting any bad reviews online so they can continue their scam operation! I feel bad because they prompt innocent people like you and me to give positive video feedback during their "fake challenge" experience on their Telegram page, so they can gain more more credibility to others on their "managed clients" page. I feel sorry when these people end up not getting paid the THOUSANDS of DOLLARS they are expecting and end up getting SCAMMED like the rest of us!! UPDATE!!!
I received multiple ads on YouTube of a similar management company called "AlgoOne", DO NOT TRUST THEM! If you get on their Telegram page, they work with QuantumfundingTraders prop firm and Quantum has an individual support channel and it happens to be FET's support page! I clicked on Quantum's support link and I was routed to the last freaking argument where I had left off with FET support!!

Algo plus or Algo X is a 100% scam also FET which is the prop firm that works with Algo plus, l have been waiting for months to get my first payout and no one from FET is responding. Please do yourself a favor and do not buy anything from them.

Total scam 33 days iv been waiting on my payouts and guess what nothing ? There is always an excuse and a delay tactic “ system down” or “ payment issue” or “ sorry your on a bundle account “ or “ not it will take 5-7 business days to process “ iv had that one 3 times so far I also booked a live call and they cancelled it just shows they are full of sh#t , iv actually got a crypto and trading fraud investigation company involved and they are building a very nice case with actual real names of the people involved from Tracing IP and cellular data and home addresses it’s great when you have government contacts in your family lol

It's been over 90 days now and I haven't received a penny! I waited 35 days for AlgoPlus to pass a 200k challenge using Fundedelitetraders/ Fundededgetaders prop firm, 35 more days for them to trade my real live acct. Than I waited the 5-7 days for processing and when it was time for my payout, all of a sudden they had tech issues and other setbacks. It's been a month since I should have been paid and now I keep getting the run around again. I eventually put two and two together and came up with how their scam operation works. 1st, Algo plus rips you off through challenge purchases and constantly entices you to keep buying more and more fake challenges, while they pretend trade using a fake prop firm called Funded Elite Traders (FET) who changed their name to Funded Edge traders to disassociate themselves from FET due to bad reviews. 2nd, after you purchase several fake challenges, they charge your bank account around $30 a month for an Add-on "FastPass" service under Fanbasis in order to "supposedly" trade more efficiently. And while you wait 80 plus days, any kind of future refund or dispute becomes too far gone! 3rd, they continually give you the run around with payout promises to keep you from submitting any bad reviews online so they can continue their scam operation! I feel bad because they prompt innocent people like you and me to give positive video feedback during their "fake challenge" experience on their Telegram page, so they can gain more more credibility to others on their "managed clients" page. I feel sorry when these people end up not getting paid the THOUSANDS of DOLLARS they are expecting and end up getting SCAMMED like the rest of us!! UPDATE!!!
I received multiple ads on YouTube of a similar management company called "AlgoOne", DO NOT TRUST THEM! If you get on their Telegram page, they work with QuantumfundingTraders prop firm and Quantum has an individual support channel and it happens to be FET's support page! I clicked on Quantum's support link and I was routed to the last freaking argument where I had left off with FET support!!

I joined Algo Plus AI (also called Algo X) in July 2025 after seeing their Instagram and YouTube ads that made the company sound legitimate and trustworthy. They claimed they would cover 30% of a prop firm challenge, and that I wouldn’t need to pay anything until I made a withdrawal, at which point they would simply take 30% of profits.

That promise completely sold me — it seemed fair and supportive for traders trying to grow. But months later, now in October, I’ve received no payout, no follow-through, and nothing but repeated excuses and false promises. Every time I asked for updates, I was told the payout was “coming soon,” yet nothing ever arrived.

The money I was supposed to receive — about $9,000 — was meant to help with rent, my children’s needs, and essential expenses. Instead, I’ve been left with disappointment, stress, and frustration from what now feels like a deceptive operation built on false advertising.

This experience has crushed my hopes and trust in what I thought was a legitimate opportunity. I want to warn others: be very cautious before trusting Algo Plus AI or Algo X with your time or expectations. I am currently looking into legal action for the financial loss and emotional distress this company has caused me.

Total scam. Them and Fundedellitetraders.com are in cahoots somehow. You will spend your money, they will engage with you on Telegram in all sorts of ways (notice the misspellings), you will see on their dashboard that you are "kicking butt," AI generated crap ads and go ahead and google image search the pics of their "happy traders." All bogus. A very elaborate scam. Be aware of "Vellar" trading, too. They operate in the same way, could be the same people!

These guys are a Scam been waiting for a payout for 3 almost 4 months now never received and they won’t reply after you ask them about it , they’ll keep leaving your messages on read very unprofessional

If I could give I could give them zero stars I would. I don’t need to rehash what everyone else that has given them 1 star has said. It’s the same playbook used to scam people out of $440 or sadly some have spent more than that. These two companies are definitely ripping people off. And I will be spreading the word on social media, to the FBI and any other place I can think of. I really wish I could meet up with these guys, especially Norman. You have my info Norman, anytime you want to meet up you know where to find me.

This is my second Algo Plus review. I write this not having received my payout of $30K+. I write this not having had my $770 offered back to me, to be quiet and go away. So, in conclusion, I will bolster this review with reviews on YouTube, their Corporate Names on their website, reporting to the State of Maryland, and an attempt to add Algo Plus to the FBI's cyber-crime database.The BBB has a Cyber-crime database, of which Algo Plus and Expert Elite Funding are ALREADY proud members.
And then, I will add a little something extra.
I've got 770 reasons to be pissed off. I will not stop. EVER. AND. STILL. NOT. HARD. TO. FIND. Rev. Gregory B. Brown (240) 421-5668.
With all of that said, who's ready to invest in Algo Plus & Expert Elite Funding? Don't be shy. Step right up! You too can be SCAMMED!!!