KorvatoReviews of korvato.com

I reached out to Diego for help with my bot because I couldn’t figure something out on my own. He fixed the problem in just a few minutes. He really knows what he’s doing and explained everything in a simple way. He was also great to work with and made it stress-free. You can tell he has a lot of experience and truly wants to help. I really hope he stays with Korvato for a long time. Great support like this makes a big difference.

⭐⭐⭐⭐⭐❌ SCAM – $5,000 Taken, Nothing Delivered, Refund Delayed I paid $5,000 to Korvato for an AI trading bot/service in October, and nothing was ever delivered. After taking my money, they kept delaying, changing agents, and giving excuses. Every time I followed up, I was pushed to a new person who had no idea what was going on. No clear answers, no timeline, no accountability. When it became obvious that the product would never be delivered, I requested a refund. Instead of refunding my money, they started the same delaying tactics again—more excuses, more agent changes, and complete silence afterward. To this day: I never received the AI bot I never received a refund They continue to stall and avoid responsibility This is one of the worst experiences I’ve had with any online company. Taking payment, failing to deliver the service, and then delaying refunds is unacceptable and dishonest. ⚠️ Warning to others: Do not trust this company with your money. Based on my experience, this feels like a bait-and-delay operation, and I regret ever dealing with them.

I couldn't believe what happened to me on here. I was a novice trader with high hope of making some gains. Now I have incur some losses over these past months. After getting started with #CovSecurities. Could tell the difference as it was a better story to tell now.

Big shout out to the tech team for building something great. I have their PAMM account, and it’s the easiest auto trading I’ve ever used. Everything runs smooth, and I don’t have to stress about it every day. I’ve learned it’s better not to check it all the time. It really works best when you stay patient and let it do its thing. If you give it time, the results are truly worth it. Thank you Korvato

USA Clients beware!!!! For US clients, Korvato uses non US Regulated Broker's for the Martingale Trading Algo. The Algo makes buy and sell trades at the same time (Hedging), which is not allowed in the US Regulations. To make matters worst, I have lost 100% of my account by dealing with their suggested FX brokerage, Orca Markets. All of them are criminals and I have lost the cost of the service along with the principal invested through Orca. BEWARE!

Korvato is a straight up scam. Their story sounds enticing, but the old rule if it sounds too good to be true it probably is certainly applies in this case. They scammed me out of a big chunk of my retirement money. I spoke to Korvato COO Peter (Pedro) Morillo (Thursday November 6th) who personally assured me that my refund was in process. Today is Wednesday January 14th and Korvato has issued NO REFUND and stopped responding to my phone calls and emails some time ago. Please don’t get taken by this SCAM! Some others that work at Korvato that also lied to me and delayed the process are: Ashley Richins ashleyr@korv***.com Here’s an email from her setting up the meeting with the COO “I understand and I can only do so much to help. Let’s get this escalated to the COO so he can approve your request and get you taken care of. This is not something I would be able to override. Looks like he has an opening Wednesday if that works for you! ***://calendly*com/korvatollc/korvato-1-on-1-call-with-peter?month=2025-10 Click the link above and schedule a time. “ Don’t let them scam you too!!!

I was one of the original customers of Korvato and have been consistently profitable. Over time, I’ve learned how this bot behaves in different market conditions and have dialed in its settings effectively. I run the bot with a 2% stop loss, which allows for quick exits during sharp volatility. What makes this viable is the bot’s historically low drawdowns. In fact, it only hit the 2% stop loss three times in 2025. When it did, drawdowns accelerated rapidly toward 50%, which is precisely why a tight stop-loss strategy works to preserve capital and remain profitable. Historically, the bot had never exceeded an 11% drawdown, so a 25% stop loss once seemed reasonable. However, 2025 brought unprecedented volatility, and nearly everyone using a 25% stop loss was stopped out. At the time, I increased my stop loss to 50% to avoid forced closures. While that worked, it was extremely stressful. In hindsight, maintaining a 2% stop loss would have resulted in a small, recoverable loss within weeks. Notably, the PAMM has always used a 5% stop loss, which is why it recovered quickly. Based on this experience, I still strongly believe in Korvato and consider it one of the most reliable algorithms available. Extreme conditions are the true test of any algorithm, and I now have full clarity on what Optimus can and cannot do. I’m confident in settings that are both protective and profitable. My recommendation is simple: Use the PAMM for hands-off management, or Run the individual bot on a VPS with a 2% stop loss. Korvato has always treated me fairly as a customer. They were hit by a rare combination of market shock and liquidity pressure that would have challenged any company. While frustration is understandable, mass refunds aren’t realistic for any firm. Many algorithms suffered badly in 2025. Korvato would not have been impacted at all with a 2% stop loss, whereas other algos still carry 10%+ drawdowns, forcing users into high-risk stop-loss levels. My advice is not to jump from bot to bot. Apply disciplined risk management, use your license properly, and give Korvato time to stabilize. I’m personally happy to remain with them and, without the risk of a 25% stop loss, continue to earn a consistent ~3% per month. I am happy to chat with anyone with questions. Not sure how this platform allows communication, but feel free to look me up on Facebook or linked in etc.

Korvato started out great, I made almost 20% my first month, then lost all gains and part of my capital in a 25% drawdown the second month. They offered to extend the trial period until the end of the year. Due to lackluster returns during that period, I reached out to cancel. I had set up a meeting with my rep, Diego, and he never sent a link for it and stopped responding to emails or calls. And no one from the company is responding to emails or calls either.