Is starxox.com Legit?

worked great for 6 weeks and now these people have disappeared

I've been with Star XoX for six weeks, and the results have been good. I received the same email from Schwab stating they canceled the API on my account but wouldn't elaborate. Star XoX emailed me another agreement they want me to sign. I signed my original agreement in early July, and if they're going to make any changes to our original agreement, they need to use an addendum. The new agreement does not refer to the original agreement so if I signed it, I would have two agreements. The new agreement states that I must pay the licensing fee within 72 hours, which I already paid with the original agreement. I've emailed the sales rep and support, and so far, no response. Communication is so important when things are not going as planned. This is disappointing.

I've been trading a month now, I started trading back on July 19 and it's now August 19 and I've done 33% in the first month and the bot has been trading as advertised. I've had days where it's up and days when it's been down, but I'm very happy with the first month. Although today I just got a email from Charles Schwab saying that StarXox was kicked off the Schwab platform and I can't get a reason for this happening. I don't know if it's something I did, which it shouldn't be because I didn't do anything but sign up and run the program on the Schwab platform as directed. I've tried to get a hold of someone at the company, but I know they are on East Coast time zone and I'm Pacific Coast so I may not be able to get a hold of anyone until tomorrow. I'm wondering if anyone had the same experience. If can't run this program on Schwab and I can't run it on another brokerage platform then hopefully they'll refund my money for the algorithm, but we will see what happens.

I'm an ER doc looking to make some passive income on the side. ER career longevity is trying. Thought I'd give Algo Day Trading a shot through Star XoX. Easy onboarding process. I like that I am working with Charles Schwab as my brokerage.I am exactly 1 month in. I started with a $50K account and it's up 11% (at 30-day end). Keep in mind we had some crazy volatility in the market 8/2-8/6/24 where I lost +half of my initial profits. So to close 30 days with 11% gain, I am very impressed.So far, I've experienced 2 connectivity issues (failed status of software with my CS account) midweek (which led to 2 lost trading days). Star XoX team provides easy instructions to re-establish the "PASS" algo trading status. The above sums up why I am cautiously optimistic/excited about what Star XoX is trying to do. I believe in the concept. I hope I continue to grow with Star XoX as they grow. I plan to update here monthly to help guide others on their decision whether to join Star XoX.

I would hold off on investing anything. I am part of Star XoX and also part of a larger trading forum, and it's clear the bot is not as sophisticated as it seems. Since I have joined, it has wiped away half of my winnings, while on the same losing days, I see most others in my trading forum are ending the day in profit. In fact, in the past week, I had 4 out of 5 losing days while others had mostly winning days. The bot is supposed to close all positions in a day and has a stop out of 2%. Well, it has missed the daily stop out completely, leaving me holding a negative balance of thousands of dollars. I am sure they will improve at some point, but I'd hold off investing for now. The bot needs some workUpdate: Day 2, when I was holding the massive negative balance, those open trades went deeper into the red and the Algo missed its 2% stop out again, wiping out all but 1% of my gains. I had to manually intervene to save it. I was assured the Algo was managing it, but clearly was not. An entire month of profit, almost done away with in 2 days. Support is not adequate - despite reaching out repeatedly, there is a very delayed response and requires multiple follow ups. Proceed with caution.

Update Today August 19th 2024: Got email from Schwab that they kicked me out of the Star XoX program and permanently revoked my access to Schwab API access. Obviously Star XoX did something that was not right and put my relationship with Schwab in Jeopardy. Luckily didnt loose any money on my account and gained about 11% first month with Star XoX. But now StarXoX team saying they are working on onboarding with a new brokarage within 15 days. Not sure how trust worthy or what broker.Previous review: I got into Star XoX program, so far goodI got into Star XoX program after learning that trading is done in Charles Schwab and no need to wire funds anywhere to outside country like for Forex. Paid for the program three weeks ago. Took over a week to follow instructions and create Schwab accounts. My actual trading started July 10th 2024. Since then the bot is doing great. The bot is designed to make good money on the days of positive increase in stock market by doing lots of buy and sell stocks. The down days or side days the bot doesn't make much money or no money at all. Its been a week and my account increased by about 7%. I wish they have technology upgrade on bot to make money on the days of down trends also like placing verticals or option puts. But so far I have good experience. I will update few months later how the bot is doing and whether I recovered my program fees and making profit.

Love this team and everything they do, not knowledgeable in trading whatsoever but Theo and his team held my hand through the whole process and couldn't be more excited!

I havent done any trading in the past and was feeling like a dummy talking with the guys but they are so helpful. Christian was so sweet and polite and answered all my questions quickly.

Never disappointed the Star XoX team has been so helpful and patient with me. I've used Theos services in the past and they are amazing! Smooth and easy process!