Eurtrade Capital

[Dante07]

I’m not going to comment on my dealings until I have exhausted all my options and every opportunity has been given to resolve my concerns.

But if you want information I can give an example as I won’t be disclosing sensitive information. Stats below are over a continuous 6 week period taken in the past 12 months.

6 weeks = 30 trade alerts

No trade alerts = 7

Successful in first hour = 16

Successful in second hour = 3

Successful in third hour = 2

Unsuccessful trades = 2

So what’s that equate to in dollars based on placing $100 bets (assuming return is double the bet placed)

First hour 16 x $100 = $1600

Second hour (-3 x $100) + (3 x 200) = $300

Third hour (-2 x $100) + (-2 x $200) + (2 x $400) = $200

Unsuccessful (-2 x $100) + (-2 x $200) + (-2 x $400) = -$1400

Total Profit over a 6 week period = $700 = $116.67 per week


I take no responsibility for the accuracy of the information listed. The information listed is my own personal view and understanding of index trading based on training and information provided by other parties. This information is not advice and is not to be used for any other purpose other than an example. You should always seek legal and financial advice before trying to make money with anyone other than a Casino.

 

[chayward]

First loss yesterday in at least 6 weeks.
Seemed like quite a bad one because they predicted the DAX to rise but it seemed so much like it should have fallen.
This could be a turning point, either its a one off or there will be consecutive losses, will update soon.

 

[chayward]

First loss yesterday in at least 6 weeks.
Seemed like quite a bad one because they predicted the DAX to rise but it seemed so much like it should have fallen.
This could be a turning point, either its a one off or there will be consecutive losses, will update soon.

Sorry, just noticed all the replies.

Unfortunately it would be a breach of contract to publish live trades and considering I know they do monitor this forum and thread as I have been contacted by them in regards to my comment on them being "shady" with threats of legal action for defaming them. (Their words not mine).

Starting from yesterday I will start keeping track of the trades and their success and publish them here.
Yesterday was a complete utter failure and seemed more like a blatant guess than an actual analysed alert.

Ultimately however, I do not recommend this service nor company.
Once you are with them, you have absolutely no hope what so ever in leaving them (with your money back).
Even if you try to be fair and only ask for the remainding subscription or a resale.
I have tried Consumer Affairs, Direct negotiation, I have spoken to a lawyer, I have spoken to the Director.
They have a well written contract and obviously invest all my money in a good legal team because I simply cannot get my money back which is the absolute only thing that will make me happy with this service.
Sure, they might have a slightly better (more accurate) alert history than competition but the losses are still too often to actually make and real money from this.

If anyone has any suggestions, please let me know.

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I should also note that I currently have the basic package.
On their website it says it has the potential to earn $400 - $600 per a week.
I should note that the entire time I have been with them (over 6 months) I have not ever received more than four alerts a week as they do not send out alerts on Fridays.

 

[PaulNSW]

Sorry, just noticed all the replies.

Unfortunately it would be a breach of contract to publish live trades and considering I know they do monitor this forum and thread as I have been contacted by them in regards to my comment on them being "shady" with threats of legal action for defaming them. (Their words not mine).

Starting from yesterday I will start keeping track of the trades and their success and publish them here.
Yesterday was a complete utter failure and seemed more like a blatant guess than an actual analysed alert.

Ultimately however, I do not recommend this service nor company.
Once you are with them, you have absolutely no hope what so ever in leaving them (with your money back).
Even if you try to be fair and only ask for the remainding subscription or a resale.
I have tried Consumer Affairs, Direct negotiation, I have spoken to a lawyer, I have spoken to the Director.
They have a well written contract and obviously invest all my money in a good legal team because I simply cannot get my money back which is the absolute only thing that will make me happy with this service.
Sure, they might have a slightly better (more accurate) alert history than competition but the losses are still too often to actually make and real money from this.

If anyone has any suggestions, please let me know.

- - - Updated - - -

I should also note that I currently have the basic package.
On their website it says it has the potential to earn $400 - $600 per a week.
I should note that the entire time I have been with them (over 6 months) I have not ever received more than four alerts a week as they do not send out alerts on Fridays.

What about publishing trades that have already expired? Would that be a breach on the conditions that way others could compare their trades to the trades that they receive and see if they receive the same or a different trade.

What has your lawyer said about the company advertising the potential to earn $400-$600 per week?

 

[chayward]

Yet another loss tonight, second in less than 10 days which equates to a $1400 total loss in a two week period.
That is using their system and their recommendations.

Now with a significantly lowered account, the total nightly trade amount will now need to drop to a meager $50 to avoid further loss resulting in account being emptied.
This means that in order to regain that $1400 loss, I would need to trade every night (only 4 nights a week) for 7 weeks!! And thats assuming there is no more losses.

This is honestly THE worst decision I have ever made joining this service, since joining it has caused me nothing but financial difficulties and screwed me over for a long time. I was 18 at the time and obviously niave just looking to make a quick buck.
Take my advice, DO NOT JOIN!

 

[Mr Jefferson]

I’m not going to comment on my dealings until I have exhausted all my options and every opportunity has been given to resolve my concerns.

But if you want information I can give an example as I won’t be disclosing sensitive information. Stats below are over a continuous 6 week period taken in the past 12 months.

6 weeks = 30 trade alerts

No trade alerts = 7

Successful in first hour = 16

Successful in second hour = 3

Successful in third hour = 2

Unsuccessful trades = 2

So what’s that equate to in dollars based on placing $100 bets (assuming return is double the bet placed)

First hour 16 x $100 = $1600

Second hour (-3 x $100) + (3 x 200) = $300

Third hour (-2 x $100) + (-2 x $200) + (2 x $400) = $200

Unsuccessful (-2 x $100) + (-2 x $200) + (-2 x $400) = -$1400

Total Profit over a 6 week period = $700 = $116.67 per week


I take no responsibility for the accuracy of the information listed. The information listed is my own personal view and understanding of index trading based on training and information provided by other parties. This information is not advice and is not to be used for any other purpose other than an example. You should always seek legal and financial advice before trying to make money with anyone other than a Casino.

Q: Are these figures above correct? I doubt it. 1st of all If you have a win are you really winning 100%? NO.
All online brokers take a commission - So these figures are already incorrect just by looking at them. NOT to mention the maths behind this strategy..When I was contacted by this group and I went into the website I couldn't see any results, nothing to give me any confidence to go any further...They kept calling so this is why I am here because after scratching a little deeper it is what I thought it was. dodgy. I also found out they are also know as EtCapital, based on the gold coast in QLD.

- - - Updated - - -

Q: Are these figures above correct? I doubt it. 1st of all If you have a win are you really winning 100%? NO.
All online brokers take a commission - So these figures are already incorrect just by looking at them. NOT to mention the maths behind this strategy..When I was contacted by this group and I went into the website I couldn't see any results, nothing to give me any confidence to go any further...They kept calling so this is why I am here because after scratching a little deeper it is what I thought it was. dodgy. I also found out they are also know as EtCapital, based on the gold coast in QLD.

so peoples make sure you scratch for the worm, and if you scratch harden enough you will find more than just a worm but a pile of poooop!!!!!

 

[chayward]

Mr Jefferson, I too just found out their relation with ET Capital, and if you think about it its pretty obvious (ET Capital is short for EurTrade)

Unfortunately most of us bit the bullet too early and have suffered for it but learnt however thanks for your advice.

Also in regards to your comment about the figures, you never get 100% its usually between 85% and 95% so thats all your really making.

The question is...
How the hell do we get them or atleast get our money back.

Q: Are these figures above correct? I doubt it. 1st of all If you have a win are you really winning 100%? NO.
All online brokers take a commission - So these figures are already incorrect just by looking at them. NOT to mention the maths behind this strategy..When I was contacted by this group and I went into the website I couldn't see any results, nothing to give me any confidence to go any further...They kept calling so this is why I am here because after scratching a little deeper it is what I thought it was. dodgy. I also found out they are also know as EtCapital, based on the gold coast in QLD.

- - - Updated - - -



so peoples make sure you scratch for the worm, and if you scratch harden enough you will find more than just a worm but a pile of poooop!!!!!

 

[PaulNSW]

What has your lawyer said about their website displaying depending on what package you sign up for a weekly return of $400 to $1200 net profit per week?

Mr Jefferson, I too just found out their relation with ET Capital, and if you think about it its pretty obvious (ET Capital is short for EurTrade)

Unfortunately most of us bit the bullet too early and have suffered for it but learnt however thanks for your advice.

Also in regards to your comment about the figures, you never get 100% its usually between 85% and 95% so thats all your really making.

The question is...
How the hell do we get them or atleast get our money back.

 

[chayward]

Well although what they do is highly unethical in business practice and very immoral, they "technically" have not done anything wrong, they have covered their arses enough to have very loose guidelines and an easy way of sticking within the boundry.
Although on the basic package if you stick to the $100 trade recommendation you will NEVER make $600 a week, and only really make about $300 if your lucky.

What has your lawyer said about their website displaying depending on what package you sign up for a weekly return of $400 to $1200 net profit per week?

 

[PaulNSW]

Wouldnt that then fall under false and misleading advertising if you based on signing agreement with them with those returns guaranteed?

Well although what they do is highly unethical in business practice and very immoral, they "technically" have not done anything wrong, they have covered their arses enough to have very loose guidelines and an easy way of sticking within the boundry.
Although on the basic package if you stick to the $100 trade recommendation you will NEVER make $600 a week, and only really make about $300 if your lucky.

 

[chayward]

Wouldnt that then fall under false and misleading advertising if you based on signing agreement with them with those returns guaranteed?

Well yes and no, because if you don't include the commission taken by the platform (which technically they don't its like you don't count tax when talking gross profit) and if you get a week totally correct then yes, you may make $400.

But thats the absolute MAXIMUM. But because its there, they are covered.

 

[chayward]

Aaphilo, I would go with Mr Jeffersons advice, try ringing ET Capital as this is EurTrades new company.

I have spoken to a few people who say that EurTrade is packing up and switching to a new company due to all the terrible feedback which makes sales hard.

As with your resale, I have asked them the same thing and if you have been asking them for 13 months well I signed up last December so you have no chance.

These people are essentially scam artists, that only very thing line that gets them out of that description is their contract and how it is written.

 

[oz101]

I was contacted by ET Capital today, the spill they gave me over the phone was identical to what has been said on this thread, very appealing I was a excited about the prospect just what I had been looking for, but it did sound to good to be true. So I Google it, within 2 minutes of searching alarm bells started ringing, then I came across this forum.
There isn't a chance in hell that they are getting a single cent of my money.

Thanks Guys.

If it sounds to good to be true then Google it.

 

[Kinghorne]

I was contacted by ET Capital today, the spill they gave me over the phone was identical to what has been said on this thread, very appealing I was a excited about the prospect just what I had been looking for, but it did sound to good to be true. So I Google it, within 2 minutes of searching alarm bells started ringing, then I came across this forum.
There isn't a chance in hell that they are getting a single cent of my money.

Thanks Guys.

If it sounds to good to be true then Google it.

Same as oz101, ... I was contacted today ...and the spiel sounds great, but I always do my due diligence before parting with capital. Thank you all for taking the time to inform others. I will be notifying them that I am not interested.

 

[Joe Blow]

I have just removed some posts from this thread.

Eur Trade Capital offered a refund to a person who posted in this thread complaining about the company, but only on the condition that they arrange to have their critical posts removed.

I have removed those posts at the request of the person who posted them, but feel that an explanation as to why they were removed was necessary.

Eur Trade Capital is also known as ET Capital.

 

[chayward]

I have just removed some posts from this thread.

Eur Trade Capital offered a refund to a person who posted in this thread complaining about the company, but only on the condition that they arrange to have their critical posts removed.

I have removed those posts at the request of the person who posted them, but feel that an explanation as to why they were removed was necessary.

Eur Trade Capital is also known as ET Capital.

Well that is ridiculous.
They contacted me with threats of legal action due to my 100% honest opinions of them and they do not have the courtesy to offer me a refund.
May I ask who it was that go it? It may be handy to know how they got a refund.
I am 19 and EurTrade Capital put me in $7700 of debt! I have contacted them and enquired about resubscription, I contacted Consumer Affairs and even told them that it their spiel was false advertising as I made a point of refunds being allowed and the agent clearly stated that they were allowed yet naïve me did not change the contract.

If anyone has any solutions, PLEASE let me know.

 

[Kinghorne]

After several phone calls from the people at ET Capital recently I finally managed to convince them that I wasn't buying. They tried a couple of different salespeople over several phone calls in an attempt to get me to sign up. Towards the end of the last phone the salesperson started to get extremely aggressive in trying to convince me to part with my money. I even got the "pay half now and if you don't make the full amount in profit in a few weeks then they won't ask for the balance" and "we can arrange for a couple of free trades to show it works".

One of the main issues I had was that they expected me to just take there word that it was easy .... In my experience making money is never easy, it requires much due diligence and effort. I figured that if this system was so good then they really shouldn't have to do the hard sell, ... people would be queuing up to sign. It may well be legit and people who are using the system are making good money, but it just set alarm bells ringing in my head. My decision was right for me, but others may think differently ... I'm not trying to convince anyone one way or the other .... I'm just saying that I'm very comfortable with my decision not to subscribe.

Kinghorne

PS ... It would be good to hear from some of the 6000+ subscribers they told me they had that could vouch for the authenticity and success of this program.

 

[chayward]

After several phone calls from the people at ET Capital recently I finally managed to convince them that I wasn't buying. They tried a couple of different salespeople over several phone calls in an attempt to get me to sign up. Towards the end of the last phone the salesperson started to get extremely aggressive in trying to convince me to part with my money. I even got the "pay half now and if you don't make the full amount in profit in a few weeks then they won't ask for the balance" and "we can arrange for a couple of free trades to show it works".

One of the main issues I had was that they expected me to just take there word that it was easy .... In my experience making money is never easy, it requires much due diligence and effort. I figured that if this system was so good then they really shouldn't have to do the hard sell, ... people would be queuing up to sign. It may well be legit and people who are using the system are making good money, but it just set alarm bells ringing in my head. My decision was right for me, but others may think differently ... I'm not trying to convince anyone one way or the other .... I'm just saying that I'm very comfortable with my decision not to subscribe.

Kinghorne

PS ... It would be good to hear from some of the 6000+ subscribers they told me they had that could vouch for the authenticity and success of this program.

Hey Kinghorne,

I am one of those terribly unlucky "6000+ subscribers".
Your decision not to join was right, if you parted with your money, all I can say is I hope you kissed it good bye because your not seeing it again.

I cannot speak for all the sales people but the one I dealt with was incredibly misleading. He clearly stated that refunds were perfectly acceptable and allowed. Well they are not.

I would give anything to relive that phone call and tell them where to go!

 

[chayward]

It seems as though they have quit on ET Capital as well.
I have been trying to get into contact with both EurTrade and ET Capital via phone and email with absolutely no luck or reply.

 

[PaulNSW]

It seems as though they have quit on ET Capital as well.
I have been trying to get into contact with both EurTrade and ET Capital via phone and email with absolutely no luck or reply.

Have you called in on their offices? Or have a friend drop in if your not in the state?