Is Algoproai (Mirabaud Group Ltd) a scam? Based on its regulatory footprint, withdrawal behaviour and corporate transparency, our verdict is clear — and concerning. Here is the full review.
None found
High (4/4)
Undisclosed
Avoid — do not deposit
Who is Algoproai (Mirabaud Group Ltd)?
On the surface, Algoproai (Mirabaud Group Ltd) looks like an ordinary forex and crypto broker. Its public site is presented at https://algoproai.com/. But surface impressions are exactly what these operations rely on — the substance behind Algoproai (Mirabaud Group Ltd) is where the problems begin.
Is Algoproai (Mirabaud Group Ltd) regulated?
We could find no evidence that Algoproai (Mirabaud Group Ltd) holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.
Red flags we identified
- No verifiable licence from a recognised financial regulator
- Offshore or shell-company registration used to avoid oversight
- Unrealistic profit claims and pressure to deposit more
- Account dashboards that show “gains” with no real market exposure
- Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”
Our analysis
On November 14, 2024, the Italian Companies and Exchange Commission (CONSOB) ordered Algoproai (Mirabaud Group Ltd)’s website to be blacked out since it offers financial services illegally in Italy. https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-14-november-2024-abuse-/718268
Can you recover money lost to Algoproai (Mirabaud Group Ltd)?
If you have deposited with Algoproai (Mirabaud Group Ltd), do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.
Were you scammed by Algoproai (Mirabaud Group Ltd)?
You may still have options. Our team can trace where your funds went and tell you honestly whether recovery is realistic — with a free, confidential case review.
Start a free recovery review →Warning: never pay an upfront fee to anyone “guaranteeing” recovery. Cleverecovery does not guarantee outcomes.