fundededgetraders.com Reviews 40

Total elaborate scam. There are no accounts. The dashboard is a video game representing nothing real. They work with AlgoPlus. Telegram needs to ban them all. The scam is for you to buy accounts. They don't trade them. A cyber investigating company should be hired to trace them. They use FanBasis as the credit card processing company. Why Fanbasis allows this scam to continue is a mystery.

They take your money, say they trade it for you, then when it comes to.withdrawal they string you along and never follow through. Scam and fraud. Stay Away!!

I’ve been with fet for 7 months, and there is no payout to be issued, they cleared there backlog by deleting all accounts and going silent, please don’t invest with them. It appears that all the reviews about them about them are correct

SCAMMERS total scammers excuse after excuse 100 days gone by and iv heard ever excuse under the sun these guys are the scum of the earth DO NOT TRUST THEM , OR INVEST IN THEM DO NOT GET INVOLVED WITH THESE LOW LIFE SCAMMERS

I am warning everyone about this company because my experience was extremely negative. They never paid me even after requesting the payout, constantly giving excuses and delaying payment. From what I have seen, this is a clear scam, and it seems they have scammed many other people as well.

I am planning to file a police report against or suing them, and I am looking to gather others who have been scammed so we can report this properly and hold them accountable. If you have been affected, I encourage you to come forward sharing your experience will help protect others and strengthen any legal action.

Do not trust this company under any circumstances. Their promises are false, and their actions are deceptive. Protect yourself and others by spreading the word.

Don't waste your money after this so called trading firm. They are just scamming people in the name of funded trading platform. First they will charge you in the name of sign up then for 2 months they will keep charge you few bucks every 3rd day in the name of automation or AI robot charge. After passing the challenge you need to wait another payout eligible time and date. Once you're become eligible they will just give you excuses of technical reasons error and will make you feel like you're going to receive payout. But in the name of prop firm support they just waste your time day after day. Simply scammers. Haven't received a single penny since joined this firm in the month of August.

I am also a victim of this scam, unfortunately they just told me my payout is processed and i will receive it on December 09 but i highly doubt it because they keep on giving excuses everytime you talk about payout

Scammers run away with your money. Pure scammers. Don’t even consider or deposit even a cent or penny. You won’t see it ever again

Keep away from them as they only want your money of the challenge and you will never see any payments or any trade taken but they will show you the profit you made 1to 3 percent daily in profit and how many trades they v taken in a day . I was with them from April and I couldn’t withdraw any of the profits 60 k profit on 200k very healthy if it was real but nothing is real with them and I think they never traded before .

This is a 100% scam.

There is no prop firm, its all a scam to get you to sign up for a fake challenge.

There are several channels on Telegram that go under the names AlgoX, Algo Automation and others that are similar.

They pretend to pass a challenge for you and you then get told you are entitled to a payout. But you never receive it.

I contacted the fake prop firm's customer support via Telegram and was told 11 times over 8 weeks that my payment was being processed. It never came. Sadly I paid by crypto so I cannot get it back.

I think this is done by two lads who live out in Dubai on all the money that they have scammed from people. I have reported all the relevant channels to Telegram but I would imagine nothing will be done.

I joined in July 2025 and never got paid after completing the challenge and funded. I did a charge back with my credit card today Nov 4th, and received all my money back. It's stupid of them to do a scam on credit cards.. lol.. they end up paying the money back. Still they are a total scam. I even tried to do a conference call as one last effort, because i wanted this to be real and they wouldn't show up twice. Thats when I'd had enough!! Plus I seen this page!

Please DO NOT give these people your money. I have lost approximately $ 1,000 and have been waiting for a payout for two months. They have now stopped communicating with me. I hope people see this before falling victim to this service.

They are real scammers run fast as you can! Do not invest any money into this scamming money scheme. They will lie for months and tell you that you will get a payout but never will. The account they give you is totally fake numbers nothing is real. They will make you pay of subscription $30 a month for nothing. they change the name from Funded Elite Traders to Funded Edge Trades be careful they are scammers. DON’T DO IT! Telegram has nothing but scammers!!

My story is the same as everyone else’s. Do not use this company or algox thankfully I didn’t put a lot into it. And didn’t refer anyone. SCAMMERS

This is a FAKE prop firm that does not exist. It used to be called Funded Elite Traders that was fake and didn't exist. I am still waiting for my payout that I will never get.

It is run / promoted by a scam outfit called AlgoXAI that promise you a deal that is too good to be true, and of course it is.

Do not run with this so called prop firm because you will never get paid

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 Fundededgetraders 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 over 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 edge Traders (FET) who changed their name from funded elite traders to disassociate themselves 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" per account 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" process 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 Quantum Trading 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!

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This company was FUNDED ELITE TRADRS and they keep changing names!
My experience is the same as everyone else who never received a payout and where told multiple lies. They are scammers. I never referred anyone because I was waiting for a payout first. I also new how long I had to dispute with Amex so when it was obvious that I wasn't getting a payout I disputed and got back my total of $4200. I was funded 1.2Mil. The fake accounts are still running. Even the bonus accounts they gave me, which are fake as well. I've reported them to the NY State Attorney General's office, local police, FBI internet crimes bureau, FTC and BBB. Don't worry people, they will eventually be caught. I constantly report them Telegram every time a new scam message comes out. They will be caught. This is the new scam