Legitimate or not, Your concerns are answered.
expertelitefunds or fundedelitetraders or Algo+AI. “Don’t pay us until you get paid”
I was recommended by Algos+AI or AlgoPlus and purchased their buy one gets one free future account on 04/12/2025 and I got the $100k account. I followed their guidelines like passing the challenge then went to the funded account on 04/17/2025. Since then, my account kept going upward small portions at a time. On their website, they said the first payout is 35 days. I monitored the process every single day. On 05/21/2025, I realized the website reset my withdraw count down days. I reached out through Telegram, and the rep said it's a known issue. There's a glitch or bug. I was like ok... On 06/11/2025, it's the 36th traded day (and yes, they go by 35 trading days). They were like, ok, we are going to verify your trades to make sure there's no violations, it'll take up to 7 business days. I was like ok... so I waited 7 business days. After 7 business days, they don't notify you or send you any email notification to let you know it's done verifying. On 06/19/2025, my other account had traded 37 trading days, so I reached out again to let them know to start the verifying process.
On 06/23/2025, again, like I said, no notification or email to let you know it's been approved. I reached out to them to follow up has my 1st account been approved. They were like, thanks for the patience, please send us withdraw details, they take bank, crypto, or paypal and will take 5-7 business days. I told them please send to my paypal account. Payout amount on the account at that time was $35k. At this point, I'm telling you, I'm still skeptical about this firm. I told them to send to my paypal account and waiting for some kind of receipt or confirmation. Nothing. So I messaged them again, are you going to send me the paypay confirmation or receipt that kind of thing? I even screenshot the certificate as an example, they were like, yes once you received the payouts we will send you the cert. Again, I am just so skeptical because no confirmation, no email, no trace of payout?
On 06/30/2025, I followed up again for my 2nd account, they were like, thank you for your patience please provide withdraw details. At that time, the payout amount was $23k. I felt like they are like a soccer ball that you must kick it to move. So I provided my paypal account to them again.
On 07/02/2025, it's been 7 days from 06/23/25, I reached out to them again for my 1st payout and sent them the screenshot for my paypal account that I received nothing. They were like they will investigate the issue. They later said "we've been temporarily blocked from sending funds via the payment method you selected." I was like WTF that's super weird. My paypal account is so green that been receiving payouts from other firms and invoices from my other business. Then, I changed to bank transfer, provided them my bank account with the voided check. I later called Paypal, do you see any incoming transaction from this firm within the time of 06/23 and 07/07, paypal said, we don't see any activities around that time. They also suggested me that if paypal to paypal, customer might see a hold on their account but transfer usually is instant. They also checked the international transaction for me but there was no incoming transaction between that time. I later reached out to expertelite telegram support and told them what paypal said. Then, they sent me a longer message, apologizing and all that and they will re-initiate the payment again, and you guessed it, take another 5-7 business days.
On 07/10/2025, I reached out to them for my 2nd account payout because I didn’t get the payout either since I requested it on 06/30/2025. This time, I told them to send it via crypto this time, so at this point, as you can see, I used all three of their payment methods, like paypal, bank and crypto and still received nothing. Also, the funny thing was at that time, their website was down for maintenance. They claimed that there was a high volume of people entering the site.
Today, 7/14 as I'm writing this post, I reached out to them again for my 1st account payout since 06/23/2025. As you can see here, it’s been 3 weeks since I started to request payout and I still have nothing. My conclusion is that based on my experience with them, I followed their instructions and received nothing. I wasted 3 months with this firm and my initial investment. They also have a site to reclaim themselves that they do send out payouts. I was Oh, please,……. I can use ChatGPT to build spreadsheets like that. With Algo+Ai, who have a slogan of “Don’t pay us until you get paid” If they are a legit company then I am sorry for them, you don’t have a good business partner. Or they probably work together to scam people. Also, they don't have a Trustpilot reviews at least I can't find them.
to be continue ...
14. April 2025
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