4.5
Average account growth of between 50% and 200% since 2019
Verified track record on a real account with Myfxbook
Sign-up with Algocrat AI Sign-up with Algocrat AI

Algocrat AI Review 2025

Investing options: 4.4

Platforms & usability: 4.5

Products, markets, & assets: 4.4

Safety & reliability: 4.8

Deposits & withdrawals: 4.5

Research & analysis tools: 4.5

Fees & costs: 4.3

Education & learning resources: 4.4

Algocrat AI Review Summary

Written by
Written on Feb 14, 2025
Reading time 15 minutes
With over 6 years of verified profits, Algocrat AI is a top-performing platform for crypto traders

Our opinion of Algocrat AI

Algocrat AI is an AI-driven platform designed to enhance cryptocurrency trading strategies. 

It offers advanced analytics, real-time performance tracking, and automated trading tools, making it suitable for both beginners and experienced traders. 

With a user-friendly interface and strong community support, Algocrat AI simplifies navigation and investment monitoring, helping you optimize your crypto trading efforts.

This Algocrat AI review investigates the platform in detail to help decide if its the right autotrader for you. 

Algocrat AI highlights

Features Algocrat AI summary
No. of tradable assets 10+
Min. Deposit N/A
ID verification required Yes
Free demo account No
Supported assets Crypto
Mobile trading app Yes
Web trading platform Yes
Regulatory bodies
View more > Algocrat AI >

Pros & Cons

Pros:

Average account growth of between 50% and 200% since 2019
Verified track record on a real account with Myfxbook
Excellent customer service and community support.
Strong rating and positive reviews on TrustPilot.

Cons:

Can I open an account with Algocrat AI?

Investing options
4.4

What can I do with Algocrat AI?

Algocrat AI allows for automated trading by utilizing advanced algorithms that analyze market data in real-time. 

It executes trades based on predefined conditions, minimizing emotional bias and maximizing efficiency. 

The platform also offers robust risk management tools, real-time performance tracking, and quarterly return reports, enabling you to make informed decisions and optimize your trading strategies.

What accounts does Algocrat AI offer?

Algocrat AI has one main account type. 

The cost varies depending on the size of your investment. For example, performance fees for the smallest size start at 25%, while the largest account size charges just 15%.

Account types Algocrat AI accounts Perceptrader AI accounts Waka Waka accounts
Trading platform Yes
Trading signals Yes
Expert Advisor Yes Yes Yes
Forex robot No Yes Yes
Robo-advisor No
Crypto staking No
Crypto wallet No
View more > Algocrat AI > Perceptrader AI > Waka Waka >

Products, markets & assets

What products and assets can you trade on Algocrat AI?

Algocrat AI is a cryptocurrency-focused autotrader, which means it currently only works on cryptocurrencies. 

While there are thousands of tokens on the market, Algocrat sticks to the majors, like BTC and ETH. 

Product Algocrat AI assets Perceptrader AI assets Waka Waka assets
Crypto 10+
View more > Algocrat AI > Perceptrader AI > Waka Waka >

What leverage trading options are there?

Algocrat is not a brokerage platform, so it does not offer leveraged trading. 

That being said, depending on which exchange you use, you may be able to trade with leverage.

Product Algocrat AI maximum leverage Perceptrader AI maximum leverage Waka Waka maximum leverage
Crypto Broker dependent
View more > Algocrat AI > Perceptrader AI > Waka Waka >

What are the spreads?

As mentioned above, Algocrat is not a broker, so spreads will depend on the exchange platform you use. 

Spreads can vary from broker to broker, so it’s worth checking before signing up. 

Here’s a look at the average spreads available with some of Algocrat’s recommended brokers:

Product Algocrat AI spreads Perceptrader AI spreads Waka Waka spreads
Crypto Broker dependent
View all tradable assets > Algocrat AI > Perceptrader AI > Waka Waka >

Algocrat AI trade sizes and limits

There’s no minimum trade size, nor is there a maximum. 

The size of trade you’re able to use will depend on the brokerage platform you use to run the Algocrat AI software on. 

Here’s a look at the minimums with some of the best crypto exchanges:

Product Algocrat AI minimum trade Perceptrader AI minimum trade Waka Waka minimum trade
Crypto Broker dependent
View more > Algocrat AI > Perceptrader AI > Waka Waka >

Crypto

What cryptocurrency pairs can be traded on Algocrat AI?

Algocrat mainly focuses on the major cryptos, which means right now it works best on Bitcoin and Ethereum. 

It trades crypto pairs, which you can find in the table below:

Cryptocurrency Cryptocurrency Cryptocurrency
Bitcoin (BTC) Ethereum (ETH)
View more > Algocrat AI >

What are the fees for buying and selling cryptocurrencies?

Algocrat charges a performance fee, which varies depending on the size of your account balance. 

You will also need to consider fees from your broker, which can vary between 0.01% and 2%. 

Does Algocrat AI offer staking and rewards?

No, Algocrat is not an exchange platform and does not offer any staking or rewards. 

Deposits & withdrawals

What are the minimum & maximum deposits?

There are no minimum or maximum deposits for using Algocrat. 

That’s because it offers a percentage fee model, which means you’ll only pay fees when the bot makes profits for you. 

You will be required to make a deposit with your chosen broker, such as Binance, Bybit, or MetaTrader accounts. 

The minimum and maximum deposits vary depending on the platform you use. Here’s a look at the averages:

Payment method Minimum deposit (USD)* Maximum deposit (USD)
Debit/credit card Broker dependent Broker dependent
Bank transfer Broker dependent Broker dependent
View more > Algocrat AI >

What are the minimum and maximum withdrawals?

Like deposits, the minimum and maximum withdrawals vary depending on the platform you use. 

Here’s a look at the averages:

Payment method Minimum withdrawal Maximum withdrawal
Debit/credit card Broker dependent Broker dependent
Bank transfer Broker dependent Broker dependent
View more > Algocrat AI >

What are the deposit and withdrawal options fees, limits, and speeds?

Fees, limits, and speeds are dependent on the brokerage or exchange platform you use. 

Below are the averages. 

Payment method Withdrawal fee Withdrawal speed
Debit/credit card Broker dependent Broker dependent
Bank transfer Broker dependent Broker dependent
View more > Algocrat AI >

Fees & costs

How do Algocrat AI fees work?

Algocrat AI offers a transparent and straightforward fee structure designed to align with your trading success. 

Here’s how its trading fees work:

No Upfront Fees

You won’t encounter any upfront costs when you start using Algocrat AI. 

There are no management fees, subscription charges, or hidden costs. 

This means you can begin trading without worrying about initial expenses.

High-Water Mark Principle

Algocrat AI uses the high-water mark principle to ensure fair fee calculations. 

In simple terms, this means the platform only charges performance fees when your account balance exceeds its previous highest value. 

If your account value decreases, Algocrat AI must first recover those losses before earning additional fees.

Performance-Based Fees

Fees are based solely on the profits you make, making it a true “pay only if you profit” model.

The fee percentage decreases as your account balance grows, providing better value for higher investments. 

Here’s a breakdown of the tiered fee structure:

Account BalanceFee Percentage of Profits
$25,000 – $50,00025%
$50,000 – $100,00022.5%
$100,000 – $250,00020%
$250,000 – $500,00017%
$500,000+15%

This tiered system ensures that as your account balance increases, you benefit from lower performance fees, enhancing your overall profitability.

Pay Only on Profits

With Algocrat AI, you only pay fees when you make a profit. 

There are no fixed costs or subscriptions, which means your financial commitment is directly tied to your trading success. 

This model minimizes your risk and ensures that the platform’s incentives are aligned with yours.

[table]

What are Algocrat AI’s trading fees?

As mentioned above, Algocrat does not directly charge fees for using its service, but rather uses a percentage model. 

Fee Algocrat AI fees Perceptrader AI fees Waka Waka fees
Trading fees Yes Broker dependent Broker dependent
Inactivity fees Broker dependent Broker dependent Broker dependent
Conversion fees Broker dependent Broker dependent Broker dependent
Rollover/overnight fees Broker dependent Broker dependent Broker dependent
Spreads Yes Broker dependent Broker dependent
Withdrawal fees Broker dependent Broker dependent Broker dependent
View more > Algocrat AI > Perceptrader AI > Waka Waka >

Platforms & usability

What devices can I use Algocrat AI on?

You can access Algocrat AI on a variety of devices, making it easy to manage your crypto trades wherever you are.

The platform is available as a Software as a Service (SaaS), which means it works seamlessly across different operating systems and devices. 

Here are the options:

Device Browser/operating system
Web browser Google Chrome, Microsoft Edge, Safari, Mozilla Firefox
Mobile app Android, iOS
Tablet Android, iOS
View more > Algocrat AI >

This flexibility allows you to monitor and execute trades on your smartphone or tablet, or from my desktop computer at home or in the office. 

Algocrat AI mobile app review

Using the Algocrat mobile app can help transform how you manage your cryptocurrency trades.

The mobile app dashboard features a clean and intuitive interface. 

Navigating through different sections is straightforward, even for someone new to crypto trading. 

The dashboard provides a clear overview of your portfolio, recent trades, and market trends at a glance.

Web trading platform

The most important question any user has is: How easy is it to use Algocrat AI?

The interface is clean and intuitive, making it easy to navigate even if you’re new to trading. 

When you first log in, you’re greeted with a dashboard that clearly displays your portfolio, recent trades, and market trends. 

This immediate overview helps you stay informed without feeling overwhelmed.

Key features

Performance and Ease of Use

Performance is smooth and reliable.

Trades execute swiftly, minimizing delays that can affect outcomes in the fast-paced crypto market. 

The platform rarely experiences downtime, ensuring that you can trade whenever opportunities arise. 

Navigating through different sections is seamless, with clearly labeled menus and helpful tooltips that guide you through various functions.

Value for Money

Considering the features and performance, Algocrat AI offers excellent value for its price.

The transparent, profit-sharing fee structure means you only pay when you make money, aligning the platform’s success with yours. 

There are no hidden fees or upfront costs, which is especially beneficial for beginners who are cautious about initial investments. 

The range of tools and the ease of use justify the cost, providing a high-quality trading experience that supports your financial goals.

Supported Brokers

Algocrat AI supports multiple exchanges, including Binance, Bybit, and different MetaTrader brokerages, such as IC Markets and Pepperstone. 

This flexibility is advantageous as it allows you to choose the broker that best fits your trading style and preferences. 

The ability to switch between brokers seamlessly without altering your trading strategies adds significant convenience and versatility to your trading activities.

Safety & reliability

Is Algocrat AI safe?

Security is a top priority for many users, and Algocrat AI does not disappoint. 

The desktop platform employs robust encryption protocols to protect your data.

Additionally, the multi-factor authentication feature adds an extra layer of security, ensuring that your account remains safe from unauthorized access.

To protect your data, Algocrat AI uses industry-standard security practices. 

The platform employs a valid SSL certificate to encrypt communication between your computer and the website. 

This encryption keeps your personal and financial information secure during transactions.

Is Algocrat AI regulated?

Algocrat AI is an automated trading robot, which means it does not need to be regulated. 

That being said, you can use it with a range of brokers and platforms that are regulated in tier 1 jurisdictions, including the UK, Europe, and the United States.

Region Algocrat AI regulators Perceptrader AI regulators Waka Waka regulators
Africa
Asia
Australasia
Europe
International
North America
South America
View more > Algocrat AI > Perceptrader AI > Waka Waka >

Algocrat AI customer support review

Navigating the platform is smooth, but if you encounter any issues, Algocrat AI offers responsive customer support. 

The support team is available through email, providing timely assistance to resolve any problems quickly. 

This reliable support system enhances my overall experience and confidence in using the platform.

Support type Algocrat AI customer support Perceptrader AI customer support Waka Waka customer support
Email Yes Yes
Help Centre/FAQs Yes Yes Yes
Live chat No Yes Yes
Telegram No Yes Yes
Telephone No
WhatsApp No
View more > Algocrat AI > Perceptrader AI > Waka Waka >

What are the risks of using Algocrat AI?

The main risk of using the AI platform is losing money. Here are some more risks you should consider before using this service:

Market Volatility and Unpredictable Performance

Algocrat AI operates in the highly volatile cryptocurrency market. 

Even with advanced algorithms, sudden market shifts can affect performance. 

For example, unexpected regulatory news or global economic changes can lead to rapid price fluctuations. 

Although users have experienced steady performance, extreme market conditions may reduce the platform’s effectiveness. 

Technical and Algorithmic Risks

The reliance on sophisticated algorithms introduces technical risks. 

Algocrat AI’s performance depends on the quality of its algorithms and the data they are trained on. 

If there are errors in the algorithm or flaws in the training data, it can lead to incorrect trading decisions. 

Machine learning systems can exhibit unpredictability, making it challenging to anticipate all possible outcomes. 

Limited Payment Options

Algocrat AI currently supports primarily cryptocurrency payments, which may not suit all investors. 

This limitation can restrict access for users who prefer traditional payment methods like credit cards or bank transfers. 

Relying solely on cryptocurrencies can expose users to the volatility and security risks associated with digital assets. 

Expanding payment options could make the platform more accessible and reduce potential barriers for a broader range of investors.

Research & analysis tools

What trading tools are on offer?

Algocrat AI provides a range of tools designed to simplify and enhance your trading experience. 

Here are the key trading tools available on the platform.

Trading tool Algocrat AI tools Perceptrader AI tools Waka Waka tools
Analyst recommendations No
Charts Yes
Financial calendar No
Fundamental analysis No
News feeds No
View more > Algocrat AI > Perceptrader AI > Waka Waka >

Automated Trading Algorithms

These algorithms analyze market data in real-time and execute trades based on predefined conditions. 

This means you can take advantage of market opportunities without constantly monitoring the markets. 

The algorithms adapt to changing market conditions, ensuring trades are executed efficiently. 

For example, if the market suddenly becomes volatile, the algorithms adjust strategies to minimize risk and maximize potential profits. 

This automation not only saves time but also reduces the emotional stress often associated with manual trading.

Transparent Fees and Profit-Sharing Model

Another valuable tool is Algocrat AI’s transparent fee structure. 

Unlike many platforms that charge upfront fees, Algocrat AI operates on a profit-sharing model.

You only pay fees when you make a profit, which aligns the platform’s success with your own. 

This model ranges from 15% to 25% of the profits generated, depending on the earnings. 

The high-water mark principle ensures you are only charged when your account value exceeds previous highs. 

This transparency builds trust and ensures you’re not burdened with fees during losing periods. 

It makes the cost management straightforward and fair, especially for beginner investors.

Risk Management Tools

Algocrat AI also offers robust risk management tools that help protect your investments. 

These tools include customizable stop-loss orders and risk assessment features that evaluate the potential downside of each trade. 

By setting stop-loss levels, you can limit potential losses if the market moves against your position. 

Effective risk management is crucial for long-term success, and Algocrat AI ensures you  have the necessary tools to manage your investments wisely.

Education & learning resources

What educational resources are on offer?

Algocrat AI provides several educational resources to help beginner investors enhance their trading knowledge and skills.

Educational resource Algocrat AI resources Perceptrader AI resources Waka Waka resources
Demo/virtual account No Yes Yes
Trading academy No
Video tutorials/webinars No Yes Yes
Walkthrough guides Yes No Yes
View more > Algocrat AI > Perceptrader AI > Waka Waka >

Community Support and Learning

Algocrat AI fosters an active community through discussion forums where users can share trading strategies, ask questions, and receive feedback. 

This collaborative environment allows beginners to learn from experienced traders. 

The private Telegram group offers real-time support and a space for users to engage directly with one another, enhancing their learning experience.

Tutorials and Guides

Algocrat AI provides comprehensive tutorials and guides tailored for beginners. 

These resources include step-by-step instructions on setting up an account, navigating the platform, and utilizing automated trading tools. 

The clear and concise guides make it easy for new users to get started and confidently manage their investments. 

The platform updates these materials regularly to reflect the latest features and best practices in trading.

Algocrat AI video review

Algocrat AI customer reviews

Review source Algocrat AI rating Perceptrader AI rating Waka Waka rating
Trustpilot 4.7
View more > Algocrat AI > Perceptrader AI > Waka Waka >

Our verdict

After thoroughly evaluating Algocrat AI, we found it to be a robust platform tailored for both novice and experienced cryptocurrency traders. 

The automated trading algorithms stand out by simplifying complex trading strategies, allowing users to execute trades without constant monitoring. 

This feature is particularly beneficial for beginners who may not have the time or expertise to analyze market trends continuously.

Its advanced automated trading algorithms, transparent fee structure, and strong community support make it a valuable tool for beginners. 

While there are areas for improvement, such as expanding educational resources and cryptocurrency options, the platform’s overall performance and user-centric approach make it a worthwhile investment for aspiring crypto traders.

Who is Algocrat AI suitable for?

Algocrat AI is particularly well-suited for two main groups of investors: professional and long-term investors and crypto trading professionals.

Is Algocrat AI good for beginners?

Absolutely, Algocrat AI stands out as an excellent choice for those new to cryptocurrency trading.

Its intuitive interface makes navigating the platform straightforward, allowing beginners to quickly grasp essential features without feeling overwhelmed. 

The automated trading algorithms simplify the trading process, enabling users to engage in the market even without extensive experience. 

The supportive community and accessible customer support provide valuable guidance and foster a collaborative learning environment. 

Our methodology

Helping people make better financial decisions is at the heart of our mission at Invezz. 

We test each broker to provide clear, accessible guidance on the service it offers and how it compares to the 63+ other trading platforms we review. Testing is carried out by our panel of industry experts, analysts, and active traders who sign up to the platform, conduct research, and score the service.

To supplement our practical testing and experience, we research the service to gather any further relevant information and provide context to help you decide whether the broker is right for your investing needs. We read online customer reviews, app reviews on the Play Store and App Store, and conduct user surveys to get feedback from real people about what works, and what doesn’t.

The trading platform is awarded a final score based on 130+ data points across 8 ranking categories: cost, reliability, user experience, deposit & withdrawals, investing options, range of products/markets, research & analysis tools, and the availability of educational & learning resources.

We work closely with the individual brand to ensure all factual information displayed here is accurate. All data is then fact-checked by an independent reviewer. You can learn more about our expert panel and how we test, rate, and review platforms in our review process


Sources & references

Risk disclaimer

Prash Raval

Prash Raval

Financial Writer

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Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while running an educational service helping novice traders learn the markets. He has a keen interest in micro and small cap stocks....