[BEWARE] Algomerchant Robots

[TWGman]

FYI as a warning to all...I attended their "auto-trading" solution seminar almost a year back, and they touted really good returns then..

After subscribing to both their supposed flagship robots, they lost money for me consistently and is no where near what they supposedly should perform based on the stats they were showing.

I believe they were not transparent when showing the numbers (probably massaged?) during the seminar. So just be careful yeah.

StashAway and AutoWealth has been much better for me because at least it's transparent and I know how my money is being allocated accordingly.

 

[theMKR]

MAS approved?

 

[limster]

you can read Flash Boys and Dark Pools, you think some homegrown algo can beat the dedicated fixed line and supercomputer fuelled algos that the BB are using? There are predatory algos used by the BB that make money by sniping these 2nd tier algos....

 

[Perisher]

actually, simple google search will reveal all these scams but still people believe what they want.

 

[JuniorLion]

Wow, got scammed.

 

[reinchua]

TWGman is non other than a HOAXer

FYI as a warning to all...I attended their "auto-trading" solution seminar almost a year back, and they touted really good returns then..

After subscribing to both their supposed flagship robots, they lost money for me consistently and is no where near what they supposedly should perform based on the stats they were showing.

I believe they were not transparent when showing the numbers (probably massaged?) during the seminar. So just be careful yeah.

StashAway and AutoWealth has been much better for me because at least it's transparent and I know how my money is being allocated accordingly.

Please allow me to clarify this HOAX.

There are 3 strong facts why AlgoMerchant is 100% transparent and TWGman has a potential business conflict to tell lies:

1. All trades were notified in real time through app notification and archived in the historical table, and all timings are recorded. This could simply be validated from the broker you connect. Therefore using word 'massaging number' only demonstrates one evil hoax of never experiencing the platform.

2. AlgoMerchant's development was incubated by Nanyang Technology University and supported by National Research Foundation Singapore. It was a very stringent and legit process. AlgoMerchant is the first Singapore incorporated technology start-up innovating ALPHA-driven RoboInvesting solution.

3. AlgoMerchant team never fail to understand that no stat could predict your performance return. In what kind of form did the stats exist ?

AlgoMerchant team is always READY to demonstrate RoboInvesting account LIVE anytime. In 2018, It is a FACT that the robot outperformed the market, and generated a huge positive return despite market's correction.

Please check at the official site to validate the published performance report.

Thank you.

 

[JuniorLion]

Please allow me to clarify this HOAX.

There are 3 strong facts why AlgoMerchant is 100% transparent and TWGman has a potential business conflict to tell lies:

1. All trades were notified in real time through app notification and archived in the historical table, and all timings are recorded. This could simply be validated from the broker you connect. Therefore using word 'massaging number' only demonstrates one evil hoax of never experiencing the platform.

2. AlgoMerchant's development was incubated by Nanyang Technology University and supported by National Research Foundation Singapore. It was a very stringent and legit process. AlgoMerchant is the first Singapore incorporated technology start-up innovating ALPHA-driven RoboInvesting solution.

3. AlgoMerchant team never fail to understand that no stat could predict your performance return. In what kind of form did the stats exist ?

AlgoMerchant team is always READY to demonstrate RoboInvesting account LIVE anytime. In 2018, It is a FACT that the robot outperformed the market, and generated a huge positive return despite market's correction.

Please check at the official site to validate the published performance report.

Thank you.

Ok, noted. Self-promotion is actually going to be viewed with a huge suspicion. Prefer people who has invested with them to give feedback.

 

[reinchua]

Ok, noted. Self-promotion is actually going to be viewed with a huge suspicion. Prefer people who has invested with them to give feedback.

We do self-promotion at FACEBOOK, NOT Hardware Zone. We never mentioned about subsidy that every retail investors benefit from our service solution. We had not mentioned that our robot performing more than 20% return during 2018 market correction. And we can VALIDATE this TOGETHER and make it TRANSPARENT.

Thousands had witnessed this, and we invite more to join.

We also love to hear feedback to improve, but not HOAX from a bunch of people that have business conflict. Given the right setting, our solution gives approximately the same return across investors. So if you are a genuine user, you would definitely not criticize our ALPHA robotic performance in 2018. Because this could simply be verified anytime.

We just stated a FACT, please check at the official site to validate the published performance report.

Thank you.

 

[JuniorLion]

AlgoMerchant's development was incubated by Nanyang Technology University

Not sure why you think being incubated by NTU means anything.

 

[yusoffb01]

dont worry. 1 post count member is probably your competitor

 

[alexkh]

2. AlgoMerchant's development was incubated by Nanyang Technology University and supported by National Research Foundation Singapore. It was a very stringent and legit process. AlgoMerchant is the first Singapore incorporated technology start-up innovating ALPHA-driven RoboInvesting solution.

This is fluff. Incubated by NTU don't amount to anything.

 

[pompon]

FYI as a warning to all...I attended their "auto-trading" solution seminar almost a year back, and they touted really good returns then..

After subscribing to both their supposed flagship robots, they lost money for me consistently and is no where near what they supposedly should perform based on the stats they were showing.

I believe they were not transparent when showing the numbers (probably massaged?) during the seminar. So just be careful yeah.

StashAway and AutoWealth has been much better for me because at least it's transparent and I know how my money is being allocated accordingly.

How has your investment with StashAway been so far? I have heard about them. Are they really as good as they have claimed?

 

[JuniorLion]

This is fluff. Incubated by NTU don't amount to anything.

Probably lives in his own world, or suffer from the Dunning-Kruger Syndrome.

 

[starmaze]

Agree.. nowadays there is an incubator around every corner.
Most impt is are there anyone here who made money through such robo investment platforms?

 

[musclemachine4238]

Yes I have the same experience with their robots making losses, -10% on my account. To cut short I believe they conveniently left out their loss making robots and tout their money making ones (but heavily dependent on which period you started with them). Imo they totally oversold their robots’ performance. Not going with them ever again..

 

[reinchua]

dont worry. 1 post count member is probably your competitor

Many posts here are HOAX, because of 3 things:
1. They quote things wrong. Either they are simply HATERS who simply never use the solution or use other solution and mixing up with AM solution.
2. AlgoMerchant is always transparent to engage intellectual discussion together OPENLY - This is why we are incubated by Nanyang Technology University
3. Paying people(it is a cheap service btw) to engage keyboard worriers bad mouthing in forum is an act from a COWARD....

 

[JuniorLion]

Many posts here are HOAX, because of 3 things:
1. They quote things wrong. Either they are simply HATERS who simply never use the solution or use other solution and mixing up with AM solution.
2. AlgoMerchant is always transparent to engage intellectual discussion together OPENLY - This is why we are incubated by Nanyang Technology University
3. Paying people(it is a cheap service btw) to engage keyboard worriers bad mouthing in forum is an act from a COWARD....

Who's coward?

 

[petromax]

I tried searching on the internet, and some are satisfied with the performance while some others don't. It is inevitable that for every product, there are satisfied and unsatisfied customers.

But then I read the company's reviews in Glassdoor, https://www.glassdoor.sg/Reviews/AlgoMerchant-Reviews-E1828853.htm

Most that I read is negative. It raises some red flags for me.

 

[reinchua]

I tried searching on the internet, and some are satisfied with the performance while some others don't. It is inevitable that for every product, there are satisfied and unsatisfied customers.

But then I read the company's reviews in Glassdoor,

Most that I read is negative. It raises some red flags for me.

Thank you for your genuine concerns.

I assume that you aware for the fact that anyone could write on Glassdoor without any validation. So it implies that I can even make 100 positive or negative employee reviews to manipulate your perspective through Glassdoor. and this is the FACT.

From hundreds of employment, couple of them are trouble makers. Glassdoor is one of unreliable website to express their grudges. And you definitely will not expect positive review from these biased writers. Under Singapore law any breach of conduct will not be tolerated by Ministry Of Manpower. Therefore please check with the MOM rather than unreliable website like Glassdoor.

Regardless of any Hoax around from many unreliable resources, AlgoMerchant is committed to deliver quality service to the community. Our genuine community could testify this. It is because AlgoMerchant service solution is fully TRANSPARENT...

 

[empowerme]

AlgoMerchant under going liquidation

Came out in the papers today 24 Mar 2020. Au Revoir!