Forget the fluff, here’s who we are. We help people MAKE MONEY in their sleep. Yes, we’re serious.Too good to be true? Nope, keep reading. Basically, we have an AI software that we created to make ourselves more money, and now, we’re sharing it with you.
Korvato (korvato.com) has 166 customer reviews on Five Star Index, with an average rating of 2.5 out of 5.
Also known as
korvato.com
Website
korvato.com
Category
Investments & Wealth
Location
Miami, Florida
Listed on Five Star Index
2026
About these reviews
Replies
The company replied to 46% of reviews.
Latest
Most recent review: September 2026.
Edits
Reviews are shown as their authors wrote them. The company can reply, but cannot edit them.
Score
This company cannot pay to remove reviews or change its score.
They lost my trust.
Shorty after parting with $5000 deposit, and only during my 2nd attempt at onboarding ( the first attempt was largely my fault as I am not very tech savvy), was I made aware of Orca, who was described as the broker, through whom my trades would be made.
The introductory letter from Orca described Korvato as THEIR introducing broker.
ChatGPT describes Orca as a software developer based in Colombia, SA and their relationship with Korvato as a broker/ reseller.
My trust in Korvato is irrevocably broken. I have requested a refund under their “90 day ,no questions asked” policy. It has been over a week now and despite vague promises, I have received nothing.
Response from KorvatoAug 12, 2025
Thank you for sharing your concerns. We want to clarify that we are not brokers; we are a software company with no direct relation to any broker. According to our records, your refund was processed on the 17th of July.
We kindly ask that reviews are based on accurate information. Here in Korvato, we pride ourselves on transparency and being an open book. While we understand that this type of investment may not be suitable for everyone, we request that reviews reflect the true nature of our services to avoid damaging our reputation.
We appreciate your attempt to work with us and are confident that our reputation as a leading algo company speaks for itself. We look forward to the possibility of serving you again in the future.
Thank you.
JA
Joe A.
Avoid Korvato at all costs
Avoid Korvato at all costs! I had a terrible experience with their customer service and relentless contact. After making a single inquiry, they bombarded me with texts and emails, even after I explicitly asked them to stop multiple times. It felt invasive and completely disregarded my request for privacy. Their products might be fine, but the constant harassment makes it impossible to recommend them. Save yourself the hassle and go elsewhere.
Response from KorvatoJul 17, 2025
Thank you for sharing your feedback. We sincerely apologize for the experience you had with our sales team. It’s disappointing to hear that our five contact was excessive and felt invasive, especially after you explicitly asked for us to stop. We take your concerns seriously and will review our communication practices to ensure this does not happen again. Your feedback helps us improve, and we appreciate your honesty. If you’re open to discussing this further or if there’s anything we can do to address your concerns, please don’t hesitate to reach out directly.
MO
Moonie
Listed as a scam everywhere
Listed as a scam everywhere.
If it's too good to be true..
MO
Moh
I’m honestly disappointed with how much…
I’m honestly disappointed with how much they charge for a software ..15-20k plus monthly subscription. You guys are greedy and insane. Do you think every person have a 100k account laying around lol. What a shit show
Response from KorvatoMar 31, 2025
We appreciate you taking the time to share your thoughts.
We understand that our pricing may not be for everyone, and that’s okay. Korvato is a premium solution designed for serious investors who want to leverage cutting-edge AI to grow their capital in the forex market. Our clients typically have portfolios ranging from $10k to $250k+ and are looking for reliable, hands-off returns between 5–10% per month.
Our pricing reflects not only the software itself, but the years of research, development, and ongoing performance optimization that goes into it. That includes personalized onboarding, real-time support, and dedicated account monitoring—something most trading tools don’t offer.
That said, we’re always open to conversations with people who are truly interested in learning more. If you'd ever like to see if Korvato is a good fit for your goals and risk appetite, we’re here for that.
We wish you the best in your trading journey.
NH
Not H.
Absolute nightmare!!!!
I’m not sure what’s they have going on. I’ve had the software for over a week and it’s only traded for 3 days.
I keep getting bs excuses as to why the software isn’t trading.
When it was trading it was only during extremely early morning (0100-0400). They have a “news event” every day, so the bot doesn’t trade for 4 hrs every time one of these events happens. They set me up with a VPS that had tons of error codes at first launch. The error codes were fixed by the VPS company, but now I need to change servers bc the server they set me up with has a very slow response time that effects the trades.
It’s nearly impossible to get in touch with ANYONE. The account manager won’t call back or answer texts.
The tech support will not answer either.
PLEASE STEER CLEAR OF THIS COMPANY!!!
Response from KorvatoMar 18, 2025
We appreciate your feedback and understand your frustration. Our goal is always to provide a seamless experience for our clients, and we’d like to address some of the concerns you’ve raised.
Trade Frequency & Timing: Korvato’s AI is designed to trade based on market conditions, risk settings, and liquidity. There are times when the algorithm may pause trading intentionally to avoid high-risk periods, such as major news events that could cause extreme volatility. While this can mean fewer trades on some days, it is part of the built-in risk management strategy to protect capital and optimize performance over the long run.
News Event Filters: The system temporarily disables trading around significant economic releases to avoid unnecessary exposure to high volatility. These filters are in place to ensure better risk-adjusted results and are a standard practice in algorithmic trading.
VPS Issues: While we assist clients in setting up their VPS, the actual hosting services are provided by third-party providers. We work closely with them to ensure smooth operation, but if a server has performance issues, we are happy to assist in troubleshooting or migrating to a more optimized server.
Customer Support: We sincerely apologize if you’ve had trouble reaching us. We are actively improving our response times to ensure every client receives timely assistance. If you have not yet received a response, please send us an email at [email protected] so we can prioritize resolving your issue.
We understand your concerns, and we are more than willing to work with you to resolve them. Please reach out, and we will ensure you get the best possible experience with Korvato.
IT
Idan T.
My Personal Experience with the Company:
I invested my money after receiving information about the system's stability, exposure levels, and risk factors.
Unfortunately, I experienced significant losses on two separate occasions within a month.
I was informed that the maximum risk level would be 30% of the total capital, but both instances led to losses that were significantly higher.
During the periods when I experienced significant losses, the company’s master account, as presented on FX Blue, did not appear to incur similar losses.
After the second loss, I was notified that a senior analyst from the company had made an internal change to the risk levels without approval, which contributed to my losses.
When I attempted to contact one of the managers of the company, they were not willing to engage in dialogue, and I was told to communicate exclusively through a company representative rather than directly with him,
Then my representative contacted them, tried to have a conversation, and recoup my excess losses, they refused to accept accountability and denied any personal connection to the company through their attornies.
They reached out after this review claiming they never had me as a customer on their records, despite email correspondences going back nearly 6 months that include initiation of contact with the company and their official email.
And this is my experience with them unfortunately.
Response from KorvatoFeb 27, 2025
We take all feedback seriously and strive to provide the best experience for our clients. However, after thoroughly reviewing this review, we found no record of this individual as a customer in our system. Additionally, Korvato exclusively serves clients within the United States, and we do not work with international clients—making this review appear to be a misrepresentation or an error.
Furthermore, our AI analysis has determined with an 88.5% probability that this review originates from a competitor rather than a genuine client. While we welcome constructive feedback, we also prioritize transparency and accuracy in representing our services.
At Korvato, we remain committed to delivering high-performance AI trading solutions that generate consistent hands-free profits ranging from 7-14% per month. Our dedicated team ensures our clients receive the best automated trading experience, and we encourage any real customers to reach out to our support team for assistance.
If this review was made in error, we kindly ask that it be removed to maintain the integrity of our feedback. 🚀
JO
John
Scam
After the initial review , it turned bad lost a lot of money. They kept dragging out my refund period. Now after more than a year they just quit answering me and refuse to refund my money. They also try to say they refunded my money to some guy that was not me.
Response from KorvatoMar 7, 2025
Thank you for your thoughtful review and recommendation!
We’re so happy to hear that your experience with Korvato has been smooth and profitable so far. Providing a pressure-free, transparent, and supportive onboarding process is something we take pride in, and it’s great to know that Paul, Marcus, and our tech support team have been there to assist you every step of the way.
Our goal is to ensure every client feels confident and well-supported, whether it’s through personalized guidance, quick responses, or fine-tuning settings to match your preferences. It’s also fantastic to hear that your results are aligning with expectations—profitability and peace of mind are what we strive for!
We look forward to continuing this journey with you and seeing your success grow!
— The Korvato Team
IN
Investor
Destroyed my account, be careful
Korvato repeatedly emphasized how resilient the bot was to drawdowns and how its Martingale system was better than other bots. Was using their recommended "Low Risk" setting in their bot configuration. I had very good returns in the
first month but was worried about the account drawdown. They told me it was nothing to worry about and the bot was working as expected. In the
second month, i noticed a big drawdown in the first week of October when EURUSD started its downward movement. I was told multiple times to not touch anything and that the 'advanced' bot was designed to handle low margin situations. Well, the drawdown started getting even worse and finally they said their lead developer would start manually trading
to recover the account. However, the next day Oct 10th there was a news event (CPI) and my account was completely blown !
I wish I had acted on my own instincts and closed out trades when I saw EURUSD start the downtrend instead of letting them manage my account. Based on what i saw they have very little experience in dealing with big drawdowns.
Initially I was told that Korvato would make up for this fiasco and refund my account. Unfortunately it looks like the owners changed their mind. This pattern of assuring me of something and then constantly delaying or not keeping their word has been a disturbing pattern with these folks. Wish I had never heard of this company !
Response from KorvatoOct 23, 2024
Thank you for reaching out and providing your feedback. We take every client’s experience seriously and are currently conducting a detailed review of your account.
Our algorithm has consistently shown positive results across our entire community of clients. In fact, your account is the only one within our portfolio to have experienced this particular situation. Given that the rest of our clients have seen steady performance using the same "Low Risk" settings, we are taking additional time to thoroughly investigate the hundreds of trades that occurred on your account.
Our team provided guidance based on the "Low Risk" settings, which were identified based on past performance and market conditions. However, as with all trading, market conditions can change rapidly, and no system can guarantee profits or fully avoid losses, particularly during significant market events such as the CPI announcement you mentioned.
It’s important to note that we continue to focus on risk management and long-term performance, as demonstrated by the success of other accounts using our algorithm. The investigation is ongoing, and we are working to understand all relevant factors, including market volatility during the period in question, and why, out of all the profitable accounts in our community, your account alone experienced this result.
We appreciate your patience as we look into this matter. Our commitment to transparency and client success is unwavering, and we remain available to answer any questions you may have.
If you'd like to discuss this further, we are happy to schedule a call at your convenience.
