Wealth Vertex Copy Trading Mirror Trading Social Profit System Copy Trading is a complete scam! Singapore Nationwide
I attended a copy trading preview and course from the guy Terence Tan who keeps advertising on facebook every other day. The one that claims to have his students making 4 or even 5-figures a month.
So that Copy Trading got me interested and went down to have a look and then eventually I signed up. It sounds so easy by doing nothing but only click on a button and follow the “winning traders” with the highest win rates, sit back, go about your day… and wait to cash in. There are 8 so called MASTER traders for us to choose and copy their trades.
Not so long after I start copy trades, bad trades happen without stop loss. Soon enough, I loss all my capital and my account even become NEGATIVE! Yes, negative, means I owe broker money.
End of the day, i was totally pissed by his unethical selling. What's worst is people still signing up and not knowing what they sign up for.
My 2 cents.
1 Updates & Rebuttals
Jay M
Singapore,Alabama,
Singapore
My Exp with Wealth Vertex Copy Trading
#2Consumer Comment
Mon, March 20, 2017
I started using Wealth Vertex copy trading after going for their workshop. After i used it for awhile i opened an account with Etoro. What i can say is that they about the same. Sorry to hear that you followed a trader who didnt use a stop loss. I believe the odds of that happening are nearly impossible. However all copy trading platforms have a form of equity protection. I use equity protection on all my copy trading accounts. In regards to the Wealth Vertex, they have a equity protection feature, you can set it up to stop copying a trader if the traders losses cross a threshold you are not comfortable with. They taught me the importance of using equity protection at the workshop. Maybe you should re-attend the workshop. I believe you can re-attend for free.