KorvatoReviews of korvato.com

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!!!

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.

This company is the biggest con job on the internet. Their 120 day cancellation policy is a big lie. Stay away from this company and their lies.

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. I discovered this after Korvato lost 90% of my account, and I did some investigating.

Avoid becoming entangled with this business. They are dishonest. modified the regulations to prevent paying scalpers. did it in retrospect. Keep your distance! I lost both of my accounts with them. The programme is unclear and doesn't really help. I refused to let them take my money and filed a legal complaint. I received my money back a few days later. Given what they have done to traders, they will never survive.

I've been with Korvato for about 6 months or more. The customer service is really good. You can reach people and they are kind. However, here is my BOT experience. I have tested their Optimus Bot, the Gold Rush Bot and the Bitcoin Bot "Bumble Bee". It's really exciting to see your account growing, but every 2 to 3 months the bot takes a loss. Korvato says, "we had a minor draw down." My minor draw downs = 12% and 30%. that's massive!!! That's 42% loss in 6 months. The problem with bots is that they are not sophisticated enough to win all the time. And when they lose, they can loose big. Today, on a $36,434.18 investment the Optimus bot lost $11,259.64. As you can see, it's great until it loses. And in my experience, it loses every 2-3 months. I have not been able to regain any loss fully before the next big hit. So my account keeps getting smaller and smaller. These are real numbers and real dollars. Unfortunately, I was really excited for Korvato's bot. But I cannot recommend it to anyone. Most of the review you see are when things are going great. It would be interesting to ask them the day after they lose 30% of their value. Also, most recently I put $30,000 into Orca Markets and that site went dark just a few weeks later. Every time I ask them about it, because they strongly recommended I use Orca, they just say we are looking into it. I think that money is gone. My other two trading accounts are with Plexy Trade and Ox Securities. Both are working, but getting less than expected returns. For 2025, I'm down in both accounts.

Will not honor refund policy. I was not happy with bot activation and customer service. Still have not received refund

They listed three companies to trade with , chose orca, they absconded, asked for my software money back from korvato under their guarantee, nothing yet and poor communication meanwhile.