Complaint Review: Algo Capitals

I intially invested a small amount with Titan Trade experimenting with Binary Options & was dealing with Patrick Green.  Patrick convinced me that even though I was getting small returns on Binary (the time difference was inconvenient), the MT4 platform would be the way to make some money without having to do anything.

I then was transferred to Dave Garcia - he only trades on VIP accounts(over $150K) - but in this instance he would make an exception to show me how much they could make for me. The first 2 months made good profits with little risk, however getting any money back is impossible.  I invested a large amount (to me anyway) - $50K, profits over 6 months brought the balance to $140K.  Why would anyone complain about that.

Talking to Dave Garcia became impossible - just totally uncontactable but the account balance was increasing. Then I get a call from Dave Fischer (the senior account manager) to find out about my investment strategy and that I should invest more money.  I told him I would rather withdraw my initial investment and there was no more money to invest.

Within 3 days my account had lost $40,000.00.  I emailed Algo Capitals and sent skye messages to both Dave Fischer & Dave Garcia to stop all trading on my account.  Not a single response except from Dave Fischer to tell me he wasn't my account manager and to stop annoying him.

A week later Dave Garcia suddenly returns and nicely requests I invest more money so they can prove themselves.  I tell them I just want to close the account and please respect my requests for all trading to stop.  He convinces me to let him trade until the end of the month - to which I agree - I look at my account the next morning & it has lost another $20,000.00.

I immediately send skype & email messages for them to close the account & nothing happens - the trading continues and the losses continue.  The account now has about $40000.00 left which I expect to be gone by tomorrow.

Do not trust these scammers one bit - do not even give them a cent.