AlgosOne Review: Is AlgosOne scam or legit
AlgosOne is an online trading platform that claims to hold an EU license. However, there are now major doubts regarding its legality due to recent investigations. Despite its claims, no records of its authorization were found in the European Securities and Markets Authority (ESMA). Furthermore, it displays an FAU license, which holds no regulatory power in the foreign exchange market in the Czech Republic, where only the Czech National Bank (CNB) has authority.
AlgosOne Information
- AlgosOne Website – https://algosone.ai/, https://help.algosone.ai/en/
- Website Availability – Yes
- Address shown – Kaprova 42/14, Staré Město, 110 00, Prague, Czech Republic
- Domain Blacklisted Status – It seems there is no direct mention of this domain being on a blacklist.
Warning Issued by FSMA
On March 19, 2025, the Financial Services and Markets Authority (FSMA) issued a warning against this broker due to its lack of the required authorization. This warning, combined with the absence of regulatory oversight, suggests that the broker operates without legal approval, putting investors at significant risk.
Lack of Regulation and High Risk
AlgosOne is an extremely risky platform for investors because it is not subject to any regulatory oversight. Without regulatory supervision, there are no safeguards in place to protect traders’ funds. A lack of accountability and transparency raises the risk of financial loss.
Conclusion
We strongly advise against trading with this broker due to its suspicious licensing claims and lack of proper regulation.
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