Report: #1339422

Complaint Review: TopStepTrader LLC - Chicago Illinois

0 Updates & Rebuttals

Reported By:

beamerUSA - Jersey City, New Jersey, USA

Submitted:

Updated:

Author Confirmed

Why?

TopStepTrader LLC

130 S Jefferson St #200 60661 Chicago, 60661 Illinois, USA

Phone:

(888) 407-1611

Web:

https://www.topsteptrader.com/

Categories:

Investment Brokers

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TopStepTrader LLC TIMELINE of the tricks they played with me ….beamerUSA Chicago Illinois

Report Attachments

This is a FEE based internet FUTURES trading contest kind of scam which assures to open a LIVE funded account if you make a specified amount of money trading on a Simulated Trading account. Its called COMBINE.

Most are scammed in a never ending LOOP. Even if they manage to pass the test they soon end up doing the COMBINE again as the room to trade is very tight and impossible for most dreamers if they trigger some losses in their accounts.

TIMELINE of the tricks they played with me ….beamerUSA

NOV 4^th COMBINE started 100K

+1354.13

NOV 6^th COMBINE deleted

Say a Complimentary Combine has been given

Which is of 50K……and say cannot credit the already gained +1,354.13

With lot of hassle KEVIN puts back my old COMBINE +1K back

I instructed KEVIN to merge the accts as it is difficult switching accts.

And I never wanted the free complimentary COMBINE as I was already up +1,354.13

KEVIN sends email that he has merged the accts……LIAR

He never did what he said in emails…

Traders got to pursue emails or concentrate on trading?

Then I make +6000 reaching the target for a LIVE FUNDED ACCT in under 10 days.

Then suddenly on Friday NOV 18^th the ACCT is DELETED

When asked why they say the acct was not paid for…..

Whereas no COMBINE starts without being PAID for by CC

Then they ask to send the proof of payment.

I sent it …..

Monday they say they have refunded my fees and I am banned from the Program

ERIN says Your actions this morning on Squawk Radio Chat and through email have forced us to enforce this ban from doing business with TopstepTrader.

I have not logged in the useless Squawk Radio since a MONTH…. ! Liars

This whole situation I suspect was initiated by the Squawk Radio operator and ERIN where I had suggested to talk about Critical EIA reports and FOMC meeting which is only for couple of minutes in week. The operator cracks jokes and talk immaterial things when in those few minutes the Market moves hundreds of POINTS.

Traders are in Jeopardy if they don’t know what is going on in those few minutes. And he did not like my suggestions as he has to work diff for those few minutes and keep track of the announcements.

Rampant False advertisement wherein they show new traders Funded every month but they are not.

They are the old Funded traders who constantly go back to Combine pay fees again and go LIVE for few more days or weeks. That is the design of TST. It’s a scam

I was not going to go into that cycle as my results of wins were very high and I would stay there and I wouldn’t be a Cash Cow for them.

Also the tax rate for FUTURES traders is 23%, but they send a 1099 which hikes the tax to nearly 38% + their 20% cut which comes to total 58%....... who would be so dumb not to know the diff between 58 and 23 ? Not me and I was vocal about it in the chat room….this is another reason for them to Breach my Contract.

By the way I have also WON a third Prize @ TST in a CONTEST against hundreds of traders trading FUTURES.

Every move is documented in chains of emails.

BREACH of CONTRACT by TopStepTrader.com

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