Is Algo Forex Funds Still Operating?
An HFT/EA-friendly challenge firm whose site still sells $100K–$1M programs while a tracker marks it closed — with serious locked-account complaints on record.
Status
Status Unclear
Last Updated
Last updated: 2026-07-31
What we know about Algo Forex Funds
Algo Forex Funds, founded in 2023 and operated via Algo Trading Solutions Limited, markets itself as an HFT and EA-friendly prop firm backed by the broker FXDD (Mauritius). It sells an "ALGO PREMIUM" evaluation and instant-funding programs in five tiers from $100,000 to $1,000,000, with an 80% profit split scaling to 95% and weekly crypto payouts advertised.
Its status is contradictory as of mid-2026: the website is live and selling, but an industry tracker marks the firm closed with a 39/100 trust score and unanswered complaints, and community reports include a trader locked out of an account with roughly $110,000 in profits and a $12,000 payout left pending after the firm claimed to have been "taken over" by a new company. We treat its status as unclear and recommend caution.
Why isn't Algo Forex Funds in our directory?
Propfirmbook's directory only includes firms we actively verify and track: live challenge pricing across every account size, payout terms and profit splits, complete trading rules, restricted-country lists, and current offers — checked continuously against each firm's own site. Firms outside the directory haven't been through that process, so we can't vouch for their current terms or operations.
Looking for verified firms? Browse the main directory →
Frequently asked questions
Is Algo Forex Funds still operating?
Its site is live and selling, but a tracker marks it closed and serious locked-account complaints are on record. Treat as high-risk until clarified.
Why isn't Algo Forex Funds on Propfirmbook?
Our directory only includes firms we actively verify and track. Algo Forex Funds was never through that process.
What are the best alternatives to Algo Forex Funds?
See the verified alternatives below — firms we actively track with live challenge pricing, payout terms and current offers.
Verified alternatives to Algo Forex Funds
A note on 'fund recovery' services: companies that contact traders of collapsed prop firms claiming they can recover lost funds are a well-documented follow-up scam. No legitimate recovery process exists outside official channels or formal insolvency proceedings.