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  • Report:  #164021

Complaint Review: 4X Made Easy - Addison Texas

Reported By:
- South Jordan, Utah,
Submitted:
Updated:

4X Made Easy
15601 N. Dallas Pkwy. #200 Addison, 75001 Texas, U.S.A.
Phone:
888-720-5200
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
About a year and a half ago I attended a free preview, and then a traning as a guest for the 4xmadeeasy system. I didn't have the required $3000 at the time so I waited and cashed in some retirement investment (as urged by one of the sales reps at the workshop) and purchased the system.

I also purchased the "feed" for $100 per month to have access to the data. I was told repeatedly that this was necessary, and there was no other way to get the information.

Well a year and a half later, and after doing EXACTLY what they teach, follwing it to the letter! I've lost almost everything that I had invested into my FOREX account.

They teach that "all you have to do is wait for the green arrows to all point the same direction". That is a crock! This business is infinatly more difficult that they represented. I have since learned that their "Coaches" have rarely made money in the forex market. I have talked to a couple of ex-employees who both indicated that inside the company they "laugh at all the gullible idiots" who fall for their scam.

I was promised a system that would make this easier, I found a system that did nothing more than give me false indicators. I have been able to identify about 6 people who have made money on the system from the user groups and other postings.

Most disturbing to me is this; for a long time 4xmadeeasy was affiliated (and pushed hard) the FXCM broker. FXCM is widely known for spiking profits from their investors, meaning that they literally steal their clients money by producing false data. I have heard that they make as much as $80 PER TRADE! They make more money when you lose, because they can hedge your investment agains the real numbers. This is a scam. It is one of the most IMMORAL things I have ever heard of.

I have recently had some success in this market, but not by using their system. I have cancelled my feed, and will NEVER give them another dime. I work with a broker who gives me the EXACT SAME DATA but for free! Even more actually. I will not say who this is, or provide anyone the information. I have no other motive than to warn you against 4xmadeeasy.

This $100/month feed is a scam. Please do not fall for this. This software is largely useless, and available for free elsewhere if you search. Please stay away. At one time, I had subscribed to an alert service where they would email you and tell you exactly what trade they were putting on their money, so you could enter the same; it cost about $100 month too AND IT LOST 14 OUT OF 15 TIMES. Nice! Even the pro's at 4xmadeeasy don't have a clue what their doing.

I have never complained about anything before but I really can't let this go. Too many people are getting hurt. Stay away from this scam!! If you already bought, get your money back NOW!

John

South Jordan, Utah
U.S.A.


11 Updates & Rebuttals

David

Phoenix,
Arizona,
U.S.A.
Hey Jeff Prior user

#2Consumer Comment

Tue, February 10, 2009

Hey Jeff I am a prior user of 4xmadeeasy and have also lost money but only about 1500. It was all an accident though and I dont blame the company. I do think you guys need to change the default arrows to reflect something different because after my loss I continued practicing and found an arrow combo that seemed to work better then your set up. WHAT I REALLY WANT TO KNOW? I just visited the site and the contact number doesn't seem to work. It also says that 4xmadeeasy as changed to 4xwizetrade. What does that mean for me. I would like to get back into it in lets say 4 months. Would I have to use a different software, would I get a free upgrade, or anything else. please have someone contact me with more information.


John

Blackwood,
New Jersey,
U.S.A.
Nothing Ventured Nothing Gained

#3Consumer Comment

Wed, November 29, 2006

I have also signed up & invested in 4X Madeeasy. I haven't made a dime & may never make anything. But I have no regrets. Education requires an investment & education never comes with a guarantee. If I bought a hot dog cart & never made money, I would not blame the cart. Yes this company uses a sales pitch (it's a company), but there is no deception. Blake & all the trainers appear honest to me. I doubt if Hall as ever eaten a grape in a supermarket. They state over & over "tradeing involves risk", "don't trade what you can't afford to lose". Because it dosen't work for you (& maybe not for me) does not mean it will not work for another. I would not deter anybody from considering 4X MEz. Also if I had a 14 out of 15 record I would be making money. JD , Blackwood NJ


Jonathan

Odessa,
Florida,
U.S.A.
4x Made Easy is NOT a scam

#4Consumer Comment

Sun, August 06, 2006

For all of you who think 4x made easy is a scam, you can stop thinking (or trying to). I 've been using it for over a month and it more than works. I'm a 23 year old college student and I no longer have to work a "job" and probably never will thanks to it. I can't imagine life with it, and I'm dead serious. You people think just because it's available to the regular public that it must be a scam or too good to be true. I could give people like you a $20 bill in exchange for a penny and you would probably walk away. Yes the software is expensive (around $3k), but it's worth much more. You can make that money back in one trade. For you skeptics, they actually give you a week or two to try the software before deciding to keep it. I'm sure the bulk of you complaining about 4x made easy never even used the software. How can you make a judgement on something you never tried? Exactly, you can't. There's a small percentage that have used it and didn't make money. If it made 100% of the people who used it a millionaire then it WOULD be too good to be true. I've spent 100's of hours learning the software, the FOREX market, and reading everything about it I can get my hands on. Now you're thinking "well then the name 4x made easy is a lie, it's not THAT easy." If so, you are probably the kind of person who walks into a sandwich shop that says "world's best philly cheese steak" and complain that you had a better one once and want your money back. If anyone has ever tried trading with "Japanese candle stick charts" or anything else, you'll know that 4x made is 1,000,000,000,000 times easier. Maybe they should make another product line for you with only a name change. How does "4x made even remotely feasable" sound? How about "significantly improving your chances of succeeding in the FOREX?"


Jeff

Addison,
Texas,
U.S.A.
Status

#5UPDATE Employee

Mon, May 01, 2006

Hi Greg, In response to your inquiry, I can not speak on behalf of John, but I can advise you that I spoke with him personally in regards to his concerns. He was extremely friendly and professional. You probably have not seen any other posts on this issue since it has been closed and resolved for some time now. Let me know if you have any further questions. Respectfully, Jeff JOhnson Vice President Operations/COO Globaltec Solutions


Greg

Kansas City,
Kansas,
U.S.A.
So, the results ?

#6Consumer Comment

Mon, March 27, 2006

It's been several months since your post about the company trying to resolve the issue to your satisfaction. What's the status?


John

South Jordan,
Utah,
U.S.A.
Just for the record...

#7Author of original report

Thu, November 17, 2005

Just so everyone knows, Jeff has contacted me and verified that I am a customer. We are in discussions about options and they seem sincere about wanting to reach a solution. Thanks


John

South Jordan,
Utah,
U.S.A.
FXCM & Jeff... The Ball Is In Your Court!

#8Author of original report

Thu, November 17, 2005

Ok Jeff.. I've made 4 attempts in 2 days to reach you. Finally decided that I would just leave you a message. That message includes my name and contact information so that you can prove that I am an actual customer. I was not able to get ANYONE at your company to just give me your extenstion, so I have to be transferred to you. I'm quite sure some posts an forums like this are "bogus", and you are just trying to protect your company, BUT I assure you that I am for real. In addition, I am not interested in you just listening to what I have to say... you know what the problems with your software are, and you know what your sales practices are. You know that those two things create a significant conflict. I am interested in a refund. Period. I don't need to waste my time or your time telling you how unsatisfied I am. I'm busy, and your busy. I will publicly acknowledge your assistance should you provide it. If I am in the minority of your customers, you should have no problem with a full refund of my investment in the software. I will eat the losses in my account, and the feed I've paid. I feel that this is more than fair. You?


Holly

Chandler,
Arizona,
U.S.A.
Be A Man Jeff and Give Him Your Number

#9Consumer Comment

Wed, November 16, 2005

Oh shut up Jeff! Your responses are so full of crap it makes me sick. Why won't you just give the man your number? Are you scared he's right and IS in fact a customer? What's the problem?


Jeff

Addison,
Texas,
U.S.A.
Response from 4X Made Easy

#10UPDATE Employee

Wed, November 16, 2005

John or Jon, I am still unable to locate any customer in this city with either spelling versions of the first name. I am sorry that you feel this is a canned response but I can assure you that it is not. We will make a legitimate attempt to reach any customer posting to this site, and will also make sure it is known if we cannot identify the person posting. It is not uncommon for bogus posts to be made to these type of sites by competitors to try and disrupt business. My intentions to speak with you and resolve your issue are purely legitimate. Your statements are speculative and second hand at best, and I will be glad to address all of your concerns and hopefully reach an amicable resolution. I am not certain why you think you can't reach me or need further info on me. I have provided my full name and title, and you have the number to the company. I on the other hand have no verifiable info on you and therefore am unable to proactively reach you other than this forum. I do want to assist you and willing to listen to everything you have to say. I do hope to hear from you soon and look forward to resolving any and all issues you may have. Respectfully, Jeff Johnson Vice President Operations/COO Globaltec Solutions


Jon

South Jordan,
Utah,
U.S.A.
Not in your database??? That sounds familiar!

#11Author of original report

Fri, November 11, 2005

I've noticed that on EVERY rebuttal, you say "Unfortunately, I am unable to locate a 4X Made Easy customer in _________________ with the first name of ____________. That is not to say you are not a legitimate customer, but only that I am unable to confirm it at this time". Smells a bit like a form letter. I find that kinda funny. Well... I am a customer, and a very dissatisfied one at that. My comments were my experience. Your tone is indicative of your companies attitude toward your customers. My comments were not "pure speculation". I have two contacts who left your company after the company changed ownership. If it is speculation, it is so on their part. I am only stating what I have been told. Even BLAKE had less than glowing comments (before he was advanced to his current position)! Situational morality? I have already asked your company for a refund... and was denied. I am exploring other options. How exactly do you suggest that we reach an acceptable goal? My criteria of acceptable is a refund! It's nice to hear that you want me to be happy. I'm interested in how you intend to make that happen. I have wasted $3200+ on the softward, and $1300 on data feed. Not to mention the $3000 that you system cost me from my investment account by following EXACTLY what you teach! See Jeff.. I wouldn't be so angry if I just didn't have the talent to do this. I wouldn't be upset with you if I hadn't found out that the EXACT same information is available free from other services. The facts are that I am finally making good money trading, but I had to unlearn everything taught from your company first. I spent months papertrading, and then months studying and listening to every broadcast, reading every email, and talking and anyone and everyone at your company. I just feel that your company was very misleading in it's presentation & methodology. I understand why, and franlkly to justify that much money for software, there must be some hype. I'm not an idiot, but I bought your story! I made decisions based on bad information taught by your company. I don't know what else to say! Why don't you give me your phone number and extension and I'll contact you to talk to you about this. I imagine that it will be quite some time before I hear from you again... hope you suprise me!


Jeff

Addison,
Texas,
U.S.A.
Response From Company

#12UPDATE Employee

Thu, November 10, 2005

John, I have read your post on this site and we are more than happy to assist you in anyway we can. Unfortunately, I am unable to locate a 4X Made Easy customer in South Jordan Utah with the first name of John. That is not to say you are not a legitimate customer, but only that I am unable to confirm it at this time. We would like to contact you and discuss your challenges with the product and any potential resolution. Your claims in this post are very concerning and I can quite assure you that absolutely no one in this company laughs at our customer or considers them gullible. Much of what you have posted here is pure speculation and could not be farther from the truth. However, I do understand that you are upset and dissatisfied and we do want to help in anyway we can. It is my goal to reach a goal that is acceptable to you. Unfortunately, I am unable to identify you or make contact at this time. Please feel free to respond on this board with additional information that will assist in identifying you in my database. I look forward to hearing from you soon. Respectfully, Jeff Johnson Vice President Operations/COO Globaltec Solutions

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