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  • Report:  #1360693

Complaint Review: Wealth Vertex Events - Singapore Nationwide

Reported By:
Jia Qi - Singapore
Submitted:
Updated:

Wealth Vertex Events
10 Anson Road #19-14 International Plaza Singapore, Nationwide, Singapore
Phone:
6222 0128
Web:
http://wealthvertex.com/
Categories:
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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.

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