I am A new Trader And new to this website...
Now that being said I have much to say about ifundtraders which has nothing to do with previous ventures and "scams". I know a friend who had given me the website and said it was a great way to learn and he had just signed up. I figured why not it seemed like a chance to learn and to make some money.
I checked out the website (it is amateur at best and lacks much of the relevant information of any business i however let is slide iv seen a-lot worse from good companies)
I spent an hour of my time and watched one of their free webinars and found its interesting they seemed to know what they were talking about and as a person with no previous trading experience what they were talking about made sense. (i later found all the information i was given online and 2ce as much after but it was free i didn't expect much to be honest)
After reading the Horrible reviews on the owner Oliver Velez which was my first red flag i got in contact with their customer support to try and get a clearer story on what had gone on in the past. They told me the other company had failed +1 and then immediately proceeded in telling me it was none of my business and not to get involved -2 the response was extremely unprofessional, defensive and pushy and further more they Defended Oliver in such a way that it seemed rather childish. this also Rose a few red flags about the company
needless to say my experience was not going very well at this point i was more interested in what would happen if i inquired about price i had mentioned that i was a student and they continually offer discounted prices during their webinars i was met with a price that sounded rather pleasing it was well below the online price and the regular price which half raised a flag the other half was raised when they continually said it was under 3000 but would not say any more than that (by now i was thinking ok this is extremely fishy but i kept pushing hoping to find a redeeming quality more for my friends sake than mine)
i continued to ask questions and to have conversations with a rep named Bill Deichler by this point they had quit responding to single emails and during the same business day which raised another red flag they seemed like they were ignoring me because i was asking a-lot of questions (that's my opinion and not fact).
They finally responded with a price and monthly fees which were quite a bit higher than advertised on the website which was to say the least disappointing and the deposit information so i could send the money. needless to say i responded immediately saying that i had the information and money they requested but i would not send it till i reviewed a contract. to which they responded and i quote
"Already sent you all the pricing, payment and program info.
You are paying for the education… Once you pay and enroll, all you will need will be located in your personal web based control center… All other data about the program is located on the website."
I have been through the entire website more than once trying to find what i wanted and it is simply not there.
the deal they offered me was not even available until i mentioned i was a student and not on the website for another week or so after that
I responded to their email Saying that
"as a matter of business i make it a point to review any contracts before i enter into any agreement. My intention is only to cover all my bases before i enter into any agreement.
I would expect the same thing of any partner or employer i wished to enter into a binding contract with."
That was approximately 5 days ago i have not received a response and i do not expect to.
If this is a real company they do not know how to do business and in my opinion will never survive. the More likely scenario is that all the negative reviews are correct and this is a scam.
My recommendation DO NOT deal with this company if you wish to keep your money
If you wish to see the conversations and emails that were sent back and forth i will be willing to send them to with the exception of my name for obvious personal reasons you can respond to this post if you want the information with your email address.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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