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  • Report:  #998073

Complaint Review: Trade Rush

Trade Rush faults live price aka delay in price Internet

  • Reported By:
    Scott — Calgary Alberta Canada
  • Submitted:
    Wed, January 16, 2013
  • Updated:
    Wed, January 16, 2013

I was in the belief of Trade Rush was an actually broker that I can have trust in the platform after watching a few videos on youtube and other sites which promote Trade Rush. Looks like a great reliable platform to make some money, but however, I found out after depositing $900.00 down to $3.51 trading 60 second. I was using live candlestick chart tc2000 and netdania.com netstation. That there was a delay in the actual market price, as even 1 second delay cost money loss.  I then made a complain to traderush live chat rep. which had no solution besides talking to account manager regarding trading advice. 

If Trade Rush platform website was providing a good product and service. I would not be ask to talking to an account manager regarding trading advice. As the  platform is not providing the service and product of what I paid. 

Converstaion between me and the rep.

Please wait for a site operator to respond.
You are now chatting with 'Tom'
Tom: Welcome to TradeRush LiveChat! How can I help you?
you: yes, is there someone who I can talk to about the website might have a problem?Tom: Yes.
Tom: How may I help you?
you: I would like to file a complain about the accuracy of the website.
Tom: Okay.Tom: What is the issue?
you: the showing price is delayed for 60 second
Tom: May I please have your registered email, or TradeRush account number, please?you: sleong128@hotmail.com
Tom: And can you give me the position ID of the trade?
Tom: You can look it up by going to "my account" and selecting "investments history" and clicking on expired.
you: A TradeRush rep recommended on using this website to see the trade live in candlestick chart.
you: www.netdania.com
Tom: The rates on Netdania very slightly from those of Reuters, which is our live feed source.
you: which is not compatible with TradeRush nor any other live platform such as tc2000.com
Tom: All rate providers use slightly different algorithums to determine the rate of an asset.
Tom: That is why there my be a difference between the two rates.
you: That I agreed, which is back to my concern how can I predict the price using candlestick chart for every second which can be a win or a loss.
Tom: What trading tool are you using?
you: If I had this info on the delay of the price, I would have trade 30 minutes instead of 60 seconds.
Tom: I don't understand.you: trading 60 second is not as easy as it is advertise and plus, no tools can be used due to the delayed price.
Tom: Have you spoken to your account manager regarding trading advice?
you: no I have not
Tom: I will have your account manager contact you monday to discuss trading strategies with you.
you: I know there is risk, but if info is not accurate how can I trust TradeRush.
Tom: You will need to speak to your account manager regarding trading advice and stategies, when can I have him contact you on Monday?
you: Yes, thank you. Now, I know not to trade 60 second due to the in-accuracy.
Tom: Is there anything else I can help you with?
you: Which department head do I file a complain with ?
Tom: Your account manager, who will be contacting you on Monday.
you: Ok, thank you
Tom: He will be able to give you advice on trading and
Tom: will also explain in greater detail how and why the rates are different and also
Tom: trading strategies so that you will not loose money.
Chat session has ended.

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