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Report: #1154624

Complaint Review: ValuTrader - Corpus Christi Texas

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  • Reported By: Michael — Los Angeles California
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  • ValuTrader Corpus Christi, Texas USA

ValuTrader Val Trader WaveTrader Auto Trader by ValuTrader will wipe your account out. Run Away from Val Trader Corpus Christi Texas

*REBUTTAL Owner of company: My apologies to you

Show customers why they should trust your business over your competitors...

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I purchased the Wave Trader Auto Trader (WAT) from this scamming company.  Overpriced software that will bankrupt your account.  STAY AWAY FROM VALUTRADER and VAL TRADER.

Within 90 days of trading the futures markets with the settings issued by Val, the trade account was wiped out within 90 days.  In summary, the losing trades occured 71% of the time, and the losing trades were 5 times greater than the winners.  

I have ran 14 auto trade softwares and Valu Trader was the worst performing software of them all.  The other couple of products offered by this joke of a company are a waste of time and money also.

So hey Val, it is easy to post hypothetical returns, but your POS software is a loser extradinaire on a live account.

Please have some morals, and stop marketing your internet scamming product to the public.  You should not be trading or giving advise of selling BS software with fraudulent claims.  I have also reportred your company to the NFA for investigation.

 

 

 

This report was posted on Ripoff Report on 06/13/2014 12:13 PM and is a permanent record located here: https://www.ripoffreport.com/reports/valutrader/corpus-christi-texas/valutrader-val-trader-wavetrader-auto-trader-by-valutrader-will-wipe-your-account-out-r-1154624. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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REBUTTALS & REPLIES:
0Author
0Consumer
1Employee/Owner

#1 REBUTTAL Owner of company

My apologies to you

AUTHOR: Val Trader - ()

POSTED: Wednesday, August 06, 2014

I apologize for your trading troubles.  I find that any account blown out so quickly normally involves over leverage and over trading - neither of which are qualities of successful traders.  For a certainty, I am not attacking your charcater or trading abilities.  Also, since I have received no communication about the issue, I am at a loss to really counter what you have to say.  Please contact me directly and let's examine your trading record with the software.  If you honored my recommendations (really industry wide recommnedaitons on risk) and you blew your account the I will without fail refund your entire purchase price.  

Wish you success as a trader!

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