REVIEW UPDATE: November 14, 2018: Algorithmic Trading remains committed to increased customer satisfaction and has improved their business practices over the years to better serve their customers. Algorithmic Trading is truly dedicated to making sure their customers are satisfied and that any complaints which do arise are addressed promptly and fairly.

To date, Algorithmic Trading has made good faith efforts to resolve all complaints reported on Ripoff Report. Based on our experience, the member business has proven to be among the top members of the Ripoff Report Corporate Advocacy Business Remediation and Customer Satisfaction Program as a Verified Safe Business™.

Over time and since becoming a member, Algorithmic Trading has remained actively engaged and improving the way they address customer service complaints. As an active and current member of the Ripoff Report Corporate Advocacy Business Remediation and Customer Satisfaction Program we are happy to report that now more than ever Algorithmic Trading remains committed to improving customer satisfaction.

Remember, no company or individual can ever satisfy 100% of the people 100% of the time. There are no products or services that will always be perfect for everyone and even the best companies will receive complaints from time to time. However, by participating in the Corporate Advocacy Program, the member business has made a commitment to working with its customers to resolve complaints quickly and fairly whenever possible.

Please keep in mind that as a consumer you have some responsibilities as well. Success has many definitions that based on your past experiences, current situation and your perceived expectations. Success with any product or service is always based on the proper application and understanding. The fastest car will not run if you never turn the engine on. Look at how you used the product or service that was provided in relation with the instructions that you received. The Corporate Advocacy Business Remediation and Customer Satisfaction Program will help you get your voice heard but please be prepared with documentation and fair representation of your concern, also have an idea of how the company can fix your concern. Can they offer additional services, extend warranties, offer a fair refund or just get you talking with someone that can help. ..let them know and let us know!

*Any consumer not receiving satisfaction from a member of the Corporate Advocacy Program should email us at editor@ripoffreport.com.

Ripoff Report Verified™ REVIEW

EDitor's UPDATE: Positive rating and recognition has been given to Algorithmic Trading for its full commitment to quality customer service.

Ripoff Report's discussions with AlgorithmicTrading.net have uncovered an ongoing dedication by the company to total client satisfaction. This means that clients can expect that the company will work towards finding a mutually satisfactory resolution to any concerns. AlgorithmicTrading.net listens carefully to client concerns and sees them as an opportunity to learn from past mistakes and become more efficient as a company in the services offered and the support for those services.

AlgorithmicTrading.net's principal & lead designer, Mr. Metzger, has informed us that his personal philosophy is that his clients success is the heart of the business. As a successful businessman, Mr. Metzger feels it is critical to listen to his clients and respond properly. By always putting his customers first, Mr. Metzger hopes to maintain AlgorithmicTrading.net as a successful enterprise both now and for many years to come. The well-known blogger Emmett Moore, known for his scatting reviews of automated trading systems, indicated the following in his 4.7 out of 5 star review: "Completely open and honest trading vendor. Trading algorithms designed by an engineer with high level experience in the design and implementation of real world industrial algorithms. All algorithms have proven track records from verified brokerage statements. Vendor cares about his customers."

One of the things Ripoff Report learned in the course of its review is that typical customer feedback reads, " I'm very impressed with this program so far. I initially worked with **** but also spoke with Richard, the founder, on two occasions. When my account first started trading, I had losses for about two weeks. At its worst, I was down about 7%. But it then turned around and has been performing well since then. I've been on board for almost three months and am up about 25%. Also, the videos that ******* posts on Youtube are informative and straight forward. I believe these are good people and am happy with my purchase. "


Ripoff Report Verified™ .. part of Ripoff Report Corporate Advocacy Business Remediation & Customer Satisfaction Program.A program that benefits the consumer, assures them of complete satisfaction and confidence when doing business with a member business..

The information provided in this report below is based on comments made by Richard Metzger during an onsite inspection held by a third party verification company with no biases towards Algorithmic Trading.

Algorithmic Trading is a company that operates on a third-party trading system developer. They offer an algorithmic trading system to CTA's, hedge funds, small family offices, and retail traders. The algorithms are leased and then traded with a CFTC registered broker. Richard Metzger stated the following about his company, "we have been around for a few years now and we have done really well. The goal is to keep growing and be a leading third-party trading system developer company."

Leads for Algorithmic Trading are primarily obtained through pay-per-click and referrals. Mr. Metzger went on to explain the sales process for an individual interested in their product, "we typically get a lead through our website. They either fill out a form or give us a call. We have a few independent sales agents that work for me that used to be customers and then they follow up with the leads and usually it, the process goes on for a couple of weeks. Because we are a high-end product people want to see a lot of proof." After Algorithmic Trading has provided the potential customer with the program that would work best for their needs the customer can sign on with their services.





CUSTOMER CARE & COMPLAINT RESOLUTION – ALGORITHMIC TRADING

During the on-site interview, Mr. Metzger was asked to describe a situation where a client was not satisfied with the level of service they received. He explained that most people approach their services with caution due to the nature of their services. Algorithmic Trading does everything they can to explain their services to clients, but on occasion, clients will have different expectations, "we do have complaints on occasion and usually they will e-mail me and what I will do is I will just work with them. Our contract states we don't do refunds, but in most cases, I will work with the customer and provide a refund. It is very rare I won't. So you know if someone has a rough draw down and then they call us and have a personal situation or maybe they just misunderstood something when they got into it, I'll work with them."

When asked to comment on complaints posted on Ripoff Report's website Mr. Metzger stated the following, "I think the comments that I read they are just completely bogus. One of the complaints was that we post fake reviews and that we pay people to do that. I've never done that. The reviews that people find Online from tradingschools.org are legit I've never paid them, we don't pay people." He further stated, "when it comes to the losses that people saw the problem is that if people turn off my algorithms, or especially if they are using Trade Station it's easy for them to turn off the algorithms. If their Internet goes out they might miss a trade and so their results might not match ours. I think in this guys case that is what happened because his numbers don't match with what we see." In order to further assure future and current clients, Algorithmic Trading has an A+ rating with the Better Business Bureau, and are regulated by the CFTC.

When asked what type of changes they have made to honor their commitment to making things right with the consumer per the request of Ripoff Report, Mr. Metzger stated, "I have gone back and done some training with my sales guys to let them know to temper expectations...we have gone back and I had a Chicago attorney review the website to make sure that we're not stating anything that could be considered fraudulent. So I paid an attorney $30 thousand dollars to review that, and that was fine. So you know a lot of it is kind of making sure we are on the right side of the law as it pertains to the CFTC."

Algorithmic Trading is proud to be a part of Ripoff Reports Corporate Advocacy Business Remediation and Customer Satisfaction Program, "it I think it will be a positive thing in the end. You know people who have legitimate complaints it gives them another avenue to help them resolve them. Whether it be Ripoff Report or the BBB it just gives them another avenue."



ALGORITHMIC TRADING – STATEMENT FROM THE LEAD DEVELOPER – RICHARD METZGER

" We are high end - third party trading system developer. Our focus is on developing top notch trading algorithms that place day trades, swing trades and options trades based on market conditions. There is no hard sale in our sales process. We simply provide the data from the algorithms and let our customers make their own decision. Trading is not for everyone, it does involve risk. It is my opinion that the only way to be profitable on a long term basis is to remove your emotions from trading. This is exactly what quant funds do. My company's goal is to bring hedge fund quality quant trading to day traders and investor. To help them get an edge in an otherwise impossible market. Trading these algorithms is a marathon. This is not a get rich quick scheme. We have losing weeks and even losing months, however in the long run, it is my opinion that we have an edge using these algorithms. Again, no hard sale - in fact the opposite. You need to check your emotions at the door when trading the algorithms and have the discipline to let them run without intervention. All trades have stops and targets enabled when the equity markets are trading, you simply let the algos do their thing. If you have an interest in trading and want to get involved, shoot us an email and schedule a demo. We'd love to present our product to you and let you see for yourself the potential. Just remember, trading futures and options does involve substantial risk of loss and is not appropriate for all investors.

AlgorithmicTrading.net's team have expressed confidence in their design methodology and current product offering. They are committed to running the company with integrity and openness. AlgorithmicTrading.net takes employee satisfaction seriously as well. Employee feedback and surveys reveal comments such as this, """Hi Richard, It is going well. I am up a little over $10k on the $25k base. I am still only trading 4 contracts. Two nights ago, the over night RT TE was a little scary when the Asian markets opened, but it turned out ok when the US market opened. Thanks,” “Thanks for checking in. I am currently still trading 4 contracts, however I'm going to be increasing that to 10. I am waiting for TradeStation to receive the deposit that I made a couple of days ago. So far, I am invested the 20,000 and in 30 days the $20,000 grew to $27,000. The results are great! Thank you.” “Hi Rich,Good news: I'm up money for the 2 week period! News: the "Burst" hasn't triggered yet, after 1 week. Has it triggered for you yet?” “Hey Richard, Good day today for us, even with the big down day in the markets. Yay!” “I have been using this system for about 2 and half months, it returned over 20% per month on my trades” “Rich is a straight up guy who has been very supportive post initial purchase and training to answer questions and talk regarding the system. I actually did the same thing as you prior to purchasing the system and got very similar feedback. This is not a get rich quick system but I do believe that if you are willing to deal with the ups and downs and become emotionally detached from the money aspect, it will yield the results that he advertises. The system has over 2400 trades (back-tested) in a 10 year span, which tells me that it is a very robust system.” “Hi Rich, My P&L went positive! Just to clarify, no trades were executed on Tue, Wed or Friday (with 30 minutes to the close). Please confirm. My "strategy positions" page confirmed that no trades should have been executed, I just wanted to get confirmation from you. Best,”". These testimonials are not necessarily indicative of future performance or success."

Ripoff Report was pleased to learn that AlgorithmicTrading.net's past and current approach to business is focused on its pledge to total commitment towards client and employee satisfaction.





STATED IMPROVEMENTS FROM ALGORITHMIC TRADING

AlgorithmicTrading.net recognizes that complaints posted on Ripoff Report (whether true or not) are issues that need to be addressed, not ignored. If handled correctly, complaints can be valuable learning opportunities. With the feedback generated by Ripoff Report's review, AlgorithmicTrading.net has made organizational changes allowing its clients and employees a more streamlined approach to problem resolution and a commitment to a great client experience.

In summary, after our review, which included discussions with Richard Metzger, Ripoff Report is convinced that AlgorithmicTrading.net is committed to quality delivery of services resulting in total client satisfaction.





How does a business get Ripoff Report Verified™

The member business allows Ripoff report to email everyone from the past. Those who respond to Ripoff report with a valid complaint must be take care of.. they have made a commitment that if anyone contacts Ripoff Report in the future, they will make things right within 14 days. The member business must err on the side of their customers. Otherwise the member business is off the program.

Ripoff Report has determined that Algorithmic Trading Ripoff Report Verified™ standards which include a commitment to make a good faith effort to resolve any consumer complaints. Members of the Corporate Advocacy Business Remediation and Customer Satisfaction program do pay a fee for our on-site review, 24 hour monitoring and for support with customers to resolve any disagreements.

Ripoff Report sends a 3rd party service to do an onsite inspection of the new member business. The on-site inspection / review does not mean that the products or services offered by the business have been evaluated or endorsed by Ripoff Report, and has not made a determination as to the business' product quality or competency in performing services. We can verify, that Ripoff Report went to the business, verified their business or “work from home business”, there for, if a customer in the future does not get treated correctly, Ripoff Report can get the problem resolved. If not, and the customers is right, the member business will be taken off the Corporate Advocacy Program. Remember, Ripoff Report emailed every customer from the past that filed a complaint to make sure the member business made things right with customers from the past. Again, to err on the side of their customer, those from the past and those in the future.

Read more about why consumers should feel confident when doing business with a member of Ripoff Report's Corporate Advocacy Business Remediation & Customer Satisfaction Program. Yes, it’s a long name for a program that does a lot for both consumers and businesses alike.

Read about Ripoff Report Corporate Advocacy Business Remediation & Customer Satisfaction Program, a program that benefits the consumer, assures them of complete satisfaction and confidence when doing business with a member business. This program works.

As a matter of policy, when a business becomes a member of the Corporate Advocacy Program they agree to allow Ripoff Report to contact every client who filed a complaint so they can make things right with them. In order to confirm that the complaints were resolved, Ripoff Report is copied on all responses so we can insure that the member business did right by their customer.

NOW TO THE ORIGINAL REPORT THAT WAS FILED

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