- Report: #1154624
Complaint Review: ValuTrader - Corpus Christi Texas
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Author Not Confirmed
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ValuTrader
Corpus Christi, Texas, USA
Web:
www.valutrader.com
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ValuTrader Val Trader WaveTrader Auto Trader by ValuTrader will wipe your account out. Run Away from Val Trader Corpus Christi Texas
I purchased the Wave Trader Auto Trader (WAT) from this scamming company. Overpriced software that will bankrupt your account. STAY AWAY FROM VALUTRADER and VAL TRADER.
Within 90 days of trading the futures markets with the settings issued by Val, the trade account was wiped out within 90 days. In summary, the losing trades occured 71% of the time, and the losing trades were 5 times greater than the winners.
I have ran 14 auto trade softwares and Valu Trader was the worst performing software of them all. The other couple of products offered by this joke of a company are a waste of time and money also.
So hey Val, it is easy to post hypothetical returns, but your POS software is a loser extradinaire on a live account.
Please have some morals, and stop marketing your internet scamming product to the public. You should not be trading or giving advise of selling BS software with fraudulent claims. I have also reportred your company to the NFA for investigation.
1 Updates & Rebuttals
Val Trader
Corpus Christi,Texas,
My apologies to you
#2REBUTTAL Owner of company
Wed, August 06, 2014
I apologize for your trading troubles. I find that any account blown out so quickly normally involves over leverage and over trading - neither of which are qualities of successful traders. For a certainty, I am not attacking your charcater or trading abilities. Also, since I have received no communication about the issue, I am at a loss to really counter what you have to say. Please contact me directly and let's examine your trading record with the software. If you honored my recommendations (really industry wide recommnedaitons on risk) and you blew your account the I will without fail refund your entire purchase price.
Wish you success as a trader!
