Usacomplaints.com » Miscellaneous » Complaint / Review: TradeRush - Consumer Report. #1024376

Complaint / Review
TradeRush
Consumer Report

Was told trade platform is live, but found out after losing $900.00. As I did more research, there were many complaints about the manipulation of price chart. I found that the market price was delayed, using a live chart tool such as tc2000.com or netdania.com Netstation. You can check for yourself.

Live chat with TradeRush rep.

Please wait for a site operator to respond.
You are now chatting with 'Tom'
Tom: Welcome to TradeRush LiveChat! How can I help you?
You: yes, is there someone who I can talk to about the website might have a problem?
Tom: Yes.
Tom: How may I help you?
You: I would like to file a complain about the accuracy of the website.
Tom: Okay.
Tom: What is the issue?
You: the showing price is delayed for 60 second
Tom: May I please have your registered email, or TradeRush account number, please?
You: (Personal Information Removed)
Tom: And can you give me the position ID of the trade?
Tom: You can look it up by going to "my account" and selecting "investments history" and clicking on expired.
You: A TradeRush rep recommended on using this website to see the trade live in candlestick chart.
You: www.netdania.com
Tom: The rates on Netdania very slightly from those of Reuters, which is our live feed source.
You: which is not compatible with TradeRush nor any other live platform such as tc2000.com
Tom: All rate providers use slightly different algorithums to determine the rate of an asset.
Tom: That is why there my be a difference between the two rates.
You: That I agreed, which is back to my concern how can I predict the price using candlestick chart for every second which can be a win or a loss.
Tom: What trading tool are you using?
You: If I had this info on the delay of the price, I would have trade 30 minutes instead of 60 seconds.
Tom: I don't understand.
You: trading 60 second is not as easy as it is advertise and plus, no tools can be used due to the delayed price.
Tom: Have you spoken to your account manager regarding trading advice?
You: no I have not
Tom: I will have your account manager contact you monday to discuss trading strategies with you.
You: I know there is risk, but if info is not accurate how can I trust TradeRush.
Tom: You will need to speak to your account manager regarding trading advice and stategies, when can I have him contact you on Monday?
You: Yes, thank you. Now, I know not to trade 60 second due to the in-accuracy.
Tom: Is there anything else I can help you with?
You: Which department head do I file a complain with?
Tom: Your account manager, who will be contacting you on Monday.
You: Ok, thank you
Tom: He will be able to give you advice on trading and
Tom: will also explain in greater detail how and why the rates are different and also
Tom: trading strategies so that you will not loose money.
Chat session has ended.

As you can see the strategy is to get me deposit more money, my friend sign-up and have not deposit any money, a rep. Called right after to discuss about depositing 500.00, would have done it but had not money at the moment. LOL Talk about fast to milk your money.


Offender: TradeRush

Country: USA   City: Limassol
Address: Agias Fylaxeos & Zinonos Rossidi, 2 1st Floor P. C
Phone: 8009866318
Site:

Category: Miscellaneous

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