KorvatoReviews of korvato.com

This company is a complete RIP OFF! EVERY promise in performance they've made were complete fabricated lies. I had SIX different account reps in a year...that also tells you that their employees find out quickly that they're a scam! Korvato is now under investigation for fraud and the founder, Amit Fridman, Korvato's original founder and an owner. An investigative report traces corporate records showing Fridman previously identified as founder/CEO of ProfitFi, later signed a Korvato merchant agreement as CEO in July 2025, and subsequently identified himself as CEO of another business called Nexivo. More importantly, this isn't based only on that investigative site's characterization. A 2026 Florida court complaint names Amit Fridman individually alongside Korvato LLC and alleges Korvato was controlled by Fridman and Ortal Atias through USA Innovation Tech LLC. That statement is an allegation in the complaint, not an independent judicial finding. And Fridman has personally been named as a defendant. On April 27, 2026, FanBasis Inc. filed a Broward County, Florida, commercial action naming: Korvato LLC, USA Innovation Tech LLC, Amit Fridman individually, Ortal Atias, Zac Segal/Aviel Sabag, and Michael Walding as defendants. The complaint categorized the dispute as commercial/contractual fraud and made allegations concerning Korvato and related businesses. Again, those allegations alone don't establish liability. But the following is substantially more important: A $1.134 MILLION DEFAULT FINAL JUDGMENT was reported and entered. On July 21, 2026, the Broward County Circuit Court entered a default final judgment totaling $1,134,900.54 in the FanBasis matter against defendants identified in the judgment as including: Korvato LLC USA Innovation Tech LLC Amit Fridman Ortal Atias Zac Segal / Aviel Sabag Michael Walding The reported breakdown is approximately $1.132 million judgment plus attorneys' fees and service costs. That's materially different from merely saying someone was sued. So Amit Fridman, identified in records as Korvato's founder/CEO, was personally named as a defendant in the 2026 FanBasis litigation, and a Broward County court subsequently entered a default final judgment reportedly totaling approximately $1.135 million against Korvato, Fridman and other defendants. AND—there's another major lawsuit involving Korvato So my advice RUN from this company if they contact you and save your money before they give you their BS data and promises. It's ALL LIES!

This company thinks it knows what it's doing but it doesn't. It's experimenting its algorithm on your hard earned money. In fact, they charge you money to lose your money. I paid $15,000 for a license and then had them lose over $50,000 of my capital. They will try to get you to try other algorithms but why should you - there's no track record of success here and I wish I had vetted them better than I did. Stay away unless you like losing money.

Korvato gave me a guarantee that they would make money for me right from the start. That didn’t happen. They lost half my investment. They promised they would refund me. That never happened. Learn from me and do not use these people. This company is a joke.

Scammers, thousands of people have lost substantial amount of money…..run away, big time scammers

I am still waiting for my refund. The service did not perform as expected during the trial period, and I lost a significant amount of money in just one day. I first requested a refund nearly nine months ago, but the issue remains unresolved despite repeated follow-ups. This delay is extremely disappointing and has seriously affected my trust in the company. -----------Response from them last Nov on refund --------- We apologise for the delay in processing your refund. You're still in the queue of clients that are scheduled to receive their refund. We know it's taking longer than expected to process your refund request, but I promise to give you an update as soon as it's available. Again, we apologise and appreciate your patience. For urgent matters, please don’t hesitate to call us at (786) 650 0842. Best regards, Jeff Baluyot Customer Support Manager mobilePhone 1 (786) 949-3929

I bought the Bumble BTC trading bot. They offer a 90 day money back policy. I was given a USD-EUR trading bot instead. I didn't even know this until later. I asked for the 90 day refund. They basically just ghost you.

Honestly, I was hoping to not have to right this review. I have been putting it off for months, hoping they would stand by their word and do the right thing. Unfortunately, after nearly a year of waiting, they have not stood by their guarantee. What is more unfortunate, is that they sold me the product at the same time they knew they were having active periods of poor performances, not demonstrated during demo call which is irreprehensable. I requested my guaranteed return of funds that I was promised would be most certainly be honored. I am almost a year into the process and am still waiting for them to make right on their 100% guarantee promise. I have spoken to many people and I have a long list of documentation. Now, no one answers the phone, and I am concerned they will disappear. I am willing to hear what others are moving towards as far as rectifying this problem as it is evident by others in this feed, I am not alone. I can be found on social media for further discussion.

I held out hope for over a year. It went OK for awhile in 2025 until it LOST all of those gains. This repeated itself 2 months later, cutting deep into margin. Clearly they DID NOT FIX THEIR ALGO as they said they did. I switched to their slower-earning, modest pamm bot, which proceeded to LOSE 25% in the same fashion. I think Korvato wanted to be a successful company but their algos are simply TRASH