Complaint Review: Warrior Trading
Warrior Trading (Ross Cameron) Purchase at your won risk!! Newfane, Vermont
*UPDATE Employee: Response
Below is a post regarding my experience. Please use extreme caution when working with Warrior Trading!
Initially, I found Warrior Trading online. It seem like a legit company that would like to teach new or experienced traders. I watched a webinar that shows how he grew a $583.00 account and I was impressed to say the least. At the end of the webinar he was asking for $4000.00 just to join his program. I declined but due to me inputting my email, I was getting daily emails about discounts etc.
Finally, I decided to take the plunge and enroll in the beginner course. I was able to join at a discount of $497.00. After joining, I was sent another email for Paper traders and this was approximately $250 per quarter. Currently, I am approximately $750.00 invested and have not learned a thing. The $497.00 are for the first 4 of his 12 classes. It is really basic and you will not learn any trading strategies from these classes. It is more of ground work.
The first class advises what materials you will need to be a successful trader. This is an additional $1500.00 - 2000.00 expense that is not disclosed until you sign up for the class. He askes that you have a laptop with Windows 10 Pro 512 SSD (solid state drive), and 16GB, 3 monitors, a monitor stand, Diamond adapters, and a 3.0 USB ports. During this time frame he is asking that you do not trade with money and to give him 30 days. So I order all the supplies needed. Now I am invested at approximately $2300.00.
I had an issue with the laptop that I had so I had to send it back to the vendor. By chance, I happened to look at my active subscriptions and Warrior Trading wants to bill me $197.00 per month for the introductory 4 classes. They also only give you 30 days for the first 4 classes. I pause this billing since I do not have a laptop to trade with. Well they allow you to "pause" the subscription but you are unable to make it active again. Now get this, when you pause their monthly auto billing of $197.00, they remove you from the classes in you library... even though you paid the $497.00 for the first 30 days.
A few days later I get an email advising how do I like Warrior Trading and I advised that it is alright and that they should be more upfront with the cost of the program. A guy named Travis emails me back and lets me know of the following cost once I trade live:
$175.00/mth for Signature Plan, $125.00/mth for Suretrader, $99.00/mth for Trade Ideas, $149.00/mth for the Warrior Trading chat room, and $99.00/mth for Benzinga Streaming News. Now this is another $647.00 per month that I found out by chance. Keep in mind I have only paid for the first 4 classes and they will still want another $1000.00-3000.00 to get the remaining 8 classes. Please dont forget the $197 I paused and the $250.00/qtr for the Paper Traders.
Not only have I not learned anything useful but they want almost $1000.00/mth for these services, $4000.00 for their education and $2000.00 for materials. In essence you are $7000.00 in before you can make a dime because he doesnt want you to trade for 30 days. It is sad that i had to go through this but I think it is better that I did compared to someone who might make sacrafices to get into this program. I advised them via email that I cancelled my service. I am really disappointed since I chose this company over others to trade. I cut it at a $750 loss but I rather lose $750.00 that $7000.00.
This report was posted on Ripoff Report on 06/25/2017 07:13 PM and is a permanent record located here: http://www.ripoffreport.com/reports/warrior-trading/internet/warrior-trading-ross-cameron-purchase-at-your-won-risk-newfane-vermont-1381244. 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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