Sofex Algorithms Reviews 25

TrustScore 4.5 out of 5

4.3

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Rated 1 out of 5 stars

I want to share my deeply frustrating experience with Sofex. I requested a refund within 24 hours of subscribing — well within their stated 14-day window — and was told via Discord that I'... See more

Company replied

Rated 5 out of 5 stars

My experience with Sofex Algorithms has been very positive. Their featured trading script produces exceptional equity curves while backtesting, and while auto-trading, the results are virtually eq... See more

Company replied

Rated 5 out of 5 stars

i was hesitating at the beginning. the price is not the cheapest on the market but they have some nice offers from time to time. so took my chances, grabbed a discount code and started my sofex journ... See more

Company replied

Rated 5 out of 5 stars

I am using Sofex since March 2024, occasionally for manual trading with adjustment of SL and TP to existing reasonable levels, but mostly I'm using the algo for an auitomated trading on a separate s... See more

Company replied

Company details

  1. Software Company
  2. Software Vendor

Written by the company

High-end indicators with backtesting systems specialized for the cryptocurrency market. Turn any device into a powerful trading station, hosted on the largest charting platform, TradingView. Use notification alerts on your devices or fully automate your trading with a few easy steps. Use advanced backtesting tools to see the statistical performance of the trading strategies.


Contact info

4.3

Excellent

TrustScore 4.5 out of 5

25 reviews

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Replied to 100% of negative reviews

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Rated 1 out of 5 stars

Promised Refund, Then Went Silent

I want to share my deeply frustrating experience with Sofex. I requested a refund within 24 hours of subscribing — well within their stated 14-day window — and was told via Discord that I'd receive it within the week due to Stripe not processing refunds over the weekend.

Instead, I later received a completely contradictory response, saying my refund was denied because my transaction was “high-risk” and that I didn’t connect the tool to an exchange or “use” the product. The logic here is completely backward: of course I didn’t connect it — I tested it via the interface, ran a backtest, and realized the strategy wasn’t compelling enough to move forward with. That’s what a trial/refund window is for.

They essentially penalized me for not risking real money on a product I found unsatisfactory — all while ignoring their initial promise of a refund.

This whole interaction felt evasive and disingenuous, and now I’m stuck chasing down a refund I was told I’d receive. Beware.

⭐ The latest message I received from Sofex on Discord was:

“Hey, this week by what I got from Stripe.
No refunds over the weekend so expect it from Stripe in your account this week.”
Since then, they’ve stopped responding to my follow-up messages. The reply they posted here has nothing to do with this conversation. They’re just trying to justify themselves publicly without actually addressing what they previously told me or following through with the refund they said was already in process.

15 May 2025
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Reply from Sofex Algorithms

We take reviews seriously, but it’s important to set the record straight when key facts are misrepresented.

You requested a refund less than 24 hours after subscribing—without using the tools, connecting them to an exchange, or executing a single trade. Despite this, you claimed dissatisfaction with a product you never actually used.

You also stated you had never worked with indicators or algorithms, yet you publicly offer algorithmic trading tools yourself. These contradictions, along with the flagged high-risk nature of the transaction by our payment processor, raised serious concerns.

As clearly stated in our Terms of Service - which you acknowledged in the same refund request form - we do not issue refunds for unused services or partial membership periods. Choosing not to engage with the product does not invalidate the agreed terms or entitle you to a refund.

We stand by our policies and the integrity of our service. If you’re willing to resolve this constructively, you’re welcome to reach out to us directly at support@sofex.io.

Rated 5 out of 5 stars

Been working with Sofex for many months…

Been working with Sofex for many months now and I am extremely impressed with everything that they do. Their algorithms are extremely profitable and their customer service is top notch. We've also worked on developing algos together and their team is sharp, reliable, and truly understands the trading space. Our collaboration has been smooth, professional, and results-driven. Highly recommended.

5 May 2025
Rated 5 out of 5 stars

Sofex #1

Sofex has been a breath of fresh air in what is a jungle of different algo services. Their BTC and ETH strategies are sophisticated and very effective. In contrast to a lot of other services out there, Sofex's strategies are great at filtering out false market moves during sideways phases. Great stuff!

5 May 2025
Unprompted review
Rated 5 out of 5 stars

Amazing

I've been using sofex's algos for a long time now and i can honestly say it's been great. The team is super helpful, the product works great. Nothing else to add.

30 October 2024
Unprompted review
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Reply from Sofex Algorithms

Thank you for your honest review!

Rated 5 out of 5 stars

Give it a try!

Tried tons of algo trading strats, and so far this is the most reliable one with steady profits. The developer guy is also super nice! Definitely worth a try. I am planning to stick to it on long term.

31 October 2024
Unprompted review
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Reply from Sofex Algorithms

Thank you! I am glad you are satisfied and put your trust in us.

Rated 5 out of 5 stars

The service delivers what is promised

The service delivers what is promised: solid returns and friendly, good people to help. Having been around the block a few times, in this space, that is saying a lot. I finally found a good home. You won't be disappointed!

16 July 2024
Unprompted review
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Reply from Sofex Algorithms

Thank you for the review. We hope to keep you satisfied and most importantly, profitable for years to come.

Rated 5 out of 5 stars

Stable & profitable

Stable & profitable. No shady business.

I have been using the algorithms for about 4 months and have yet to have a month at a loss. Of course, I will monitor it closely but so far I have received everything that has been advertised and more.

Special thanks to Milo from SOFEX team for his round the clock support.

17 May 2024
Unprompted review
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Reply from Sofex Algorithms

Thanks! Will tell Milo that his work is appreciated 💙

Rated 5 out of 5 stars

One word: Amazing

Amazing product, service and most importantly customer care.
I am alway searching for the holy grail algorithm and i can finally say this might be it.
I always try to find something working in the long run, so at first i was obviously skeptical about the history, but when i asked for more specific they were very kind and helped me understand the software better so i fall in love with it.

From when i started i always found the support to be excellent and on point. So kind also that due to some issue from my end they extended my subscription to allow me to make up some losses.

Most people try to make absurd percentages but they don't realise that even if it might last a couple of times eventually they will lose it.
As of today i am using the algo since 52 days and witnessed 7Win/11 BTC and 13Win/18 ETH operations for a total of +20%.

16 May 2024
Unprompted review
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Reply from Sofex Algorithms

Thank you for your review and kind words. We take pride in being realistic in our promises!

Rated 5 out of 5 stars

I love the alorithm for delivering…

I love the alorithm for delivering around 8-10% profit on spot, but I’m using it for futures, which even once gave me +90% of deposit in a single month whil teh market was bleeding.

1 February 2024
Unprompted review
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Reply from Sofex Algorithms

Glad you are satisfied!

Rated 5 out of 5 stars

consistent winrate

I am using Sofex since March 2024, occasionally for manual trading with adjustment of SL and TP to existing reasonable levels, but mostly I'm using the algo for an auitomated trading on a separate subaccount.
It consistently delivers around 70% winrate which is difficult to achieve even for experienced traders. It does have stop losses so you may use even huge leverages like x100 taking into account there's a consistent winrate and both loss and profit are fixed size.
I recommend.

1 March 2024
Unprompted review
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Reply from Sofex Algorithms

Thank you for your trust.

Rated 5 out of 5 stars

i was hesitating at the beginning

i was hesitating at the beginning. the price is not the cheapest on the market but they have some nice offers from time to time. so took my chances, grabbed a discount code and started my sofex journey in february. i had a very good start and my subscription fee paid off almost immediately within a few weeks - since then i continue to make profits and I am using them now for more than 3 months and the subscription fee has more than paid off. So far really happy with their product and hope it will continue the same way as it has started.
Great Tool!

12 May 2024
Unprompted review
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Reply from Sofex Algorithms

Happy to hear about your positive experience. Thank you for the review.

Rated 5 out of 5 stars

Trustworthy trading

What makes Sofex a perfect choice its innovative algorithmic approach combined with good risk management, delivers impressive returns. The customer support responds fast, and despite the automated nature of trading, adds a human touch. For anyone seeking a reliable and powerful tool in algorithmic trading Sofex is the undisputed choice.

6 March 2024
Unprompted review
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Reply from Sofex Algorithms

Thank you 🙏

Rated 5 out of 5 stars

Very happy with provided service

Just wanted to share I have had a very positive experience with the service, long-term (3-month) trading is profitable and the customer service is always ready to help. Thank you for creating this!

29 February 2024
Unprompted review
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Reply from Sofex Algorithms

Happy to see you are satisfied with our services.

Rated 5 out of 5 stars

Great support team

Since i started trading with sofex 6 months ago, I have been profitable and I strongly recommend their services. The support team has always been there to help and I’ve yet to have an issue with trade execution.

2 February 2024
Unprompted review
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Reply from Sofex Algorithms

Thank you for your review, and for trusting us with your trading!

Rated 5 out of 5 stars

Trustworthy trading

Usually I wouldnt trust my money to algoriths, considering the amount of scams and underwhelming alogs on the internet. Sophex bots however has done nothing but outperform the market, even with low volatility. Very solid team, even more solid computing behind, so I’ve been nothing but happy.

29 February 2024
Unprompted review
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Reply from Sofex Algorithms

So happy to hear that. We hope you have the same experience in the future!

Rated 5 out of 5 stars

Strongly Recommend!

Top of the line algorithms that can make you a lot of money. The support team is helpful and kind. Overall, great experience!

25 January 2024
Unprompted review
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Reply from Sofex Algorithms

Grateful for your kind words and honesty!

Rated 5 out of 5 stars

A must-use for traders

A must-use for traders

My experience with Sofex has been great. Their algorithms are profitable and the support team is always there to help me set up and monitor the progress. Strongly recommend for anyone!

22 February 2024
Unprompted review
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Reply from Sofex Algorithms

Thank you for your trust.

Rated 5 out of 5 stars

Outstanding performance

Outstanding performance. From the moment I started using I could see its potential. The interface is intuitive, making it easy for even a beginner like me to navigate. What truly sets Sofex apart is its accuracy and reliability. The customer support team is also top-notch always available to answer my questions and provide assistance whenever needed. I highly recommend to anyone looking to take their trading to the next level

27 February 2024
Unprompted review
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Reply from Sofex Algorithms

Extremely grateful for your positive review and we are looking forward to having you as a customer for years to come.

Rated 5 out of 5 stars

5 stars deserved

The team is great and have been supportive all the way through, and most importantly their algorithms are profitable!

27 February 2024
Unprompted review
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Reply from Sofex Algorithms

Thank you!

Rated 5 out of 5 stars

Very happy with my purchase

Very happy with my purchase, works better than expected and the team were very helpful when I had a question.

3 January 2024
Unprompted review
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Reply from Sofex Algorithms

Glad to hear you had a positive experience. Thank you for the review.

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