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Opened a portfolio with Investiquant over two years ago. Their algorithms simply do NOT work, have monitored the account carefully through both good and bad financial markets (although they do claim no market correlation), my portfolio has steadily declined and finally had to close out after a loss of over 40%.My concern is that their advertised returns as posted on their website simply do NOT accurately reflect the actual portfolio returns, which is misleading. Beware of their sales pitch, the products do not deliver.
Recommendation: Avoid this investment.......better algorithmic trading elsewhere !
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My exact experience. Nothing about my results even remotely matched what it was that they were advertising. Nothing at all. Then I read the fine print and discovered that they mixed "hypothetical results" with "live results". I lost money and got a hilarious email regarding "sticking with the plan" after a 40% decline and comments to the effect of "well, if the account is blown, just add more money". The backstory I got was about "faith in the system" and how some people handed over $1M and were now down almost $350k, so my loss wasn't a big deal in comparison. It was "just a drawdown", they said...