forextradersdaily.com: beware underhanded marketing

[tmaccorm]

I don't have an issue with any of the traders affiliated with forextradersdaily.com. I do, however, take issue with their marketing, which I feel to be deceptive and underhanded. I recently subscribed to a brief trial of a service they had advertised to spend time with one of their traders, Derek Frey. The sign-up page presented two options, one of which required payment of $20. I paid my money and attended five or six sessions of trading with Derek. Assuming my trial had run its course I left off logging in to the service, but was surprised recently to notice on my VISA statement that I had been billed $299 US for ongoing services (one month) with forextradersdaily.com (no receipt has ever been sent). I had no idea that I was going to be billed on an ongoing basis and when I wrote to them they responded that in their small print I had agreed to pay such an amount on a monthly basis. I returned to the site and noticed that in their microscopically small print I had indeed agreed to such an arrangement. I accept that I must've done such a thing but take exception to the way in which this trial was presented to prospective attendees to Derek's daily sessions. Most other services present such information in a far more upfront manner rather than hiding such an agreement in tiny print at the very bottom of the page. (In fact, I did look to see if I was committing myself to an ongoing monthly service but saw nothing to this effect.) If the service pretends to present itself as one that operates with integrity and transparency, then you have to wonder why they would market themselves in such an underhanded and what I experience as devious manner. This reflects poorly on forextradersdaily.com, suggests a serious lack of professionalism on their part, and in turn only adds to the shady reputation of the spot forex industry in general. I asked for a refund, of course, but this request was rejected outright. The response I received was that my subscription would run for the entire month regardless of what I thought and in effect too bad so sad. I’m left wondering: if you're proud of what you have to offer, then why market it in such a questionable and underhanded manner. In the end, it leads any prospective subscriber to wondering what else they might have to hide.

 

[glynnt]

But what was the trading like...were the news calls good?

I don't have an issue with any of the traders affiliated with forextradersdaily.com. I do, however, take issue with their marketing, which I feel to be deceptive and underhanded. I recently subscribed to a brief trial of a service they had advertised to spend time with one of their traders, Derek Frey. The sign-up page presented two options, one of which required payment of $20. I paid my money and attended five or six sessions of trading with Derek. Assuming my trial had run its course I left off logging in to the service, but was surprised recently to notice on my VISA statement that I had been billed $299 US for ongoing services (one month) with forextradersdaily.com (no receipt has ever been sent). I had no idea that I was going to be billed on an ongoing basis and when I wrote to them they responded that in their small print I had agreed to pay such an amount on a monthly basis. I returned to the site and noticed that in their microscopically small print I had indeed agreed to such an arrangement. I accept that I must've done such a thing but take exception to the way in which this trial was presented to prospective attendees to Derek's daily sessions. Most other services present such information in a far more upfront manner rather than hiding such an agreement in tiny print at the very bottom of the page. (In fact, I did look to see if I was committing myself to an ongoing monthly service but saw nothing to this effect.) If the service pretends to present itself as one that operates with integrity and transparency, then you have to wonder why they would market themselves in such an underhanded and what I experience as devious manner. This reflects poorly on forextradersdaily.com, suggests a serious lack of professionalism on their part, and in turn only adds to the shady reputation of the spot forex industry in general. I asked for a refund, of course, but this request was rejected outright. The response I received was that my subscription would run for the entire month regardless of what I thought and in effect too bad so sad. I’m left wondering: if you're proud of what you have to offer, then why market it in such a questionable and underhanded manner. In the end, it leads any prospective subscriber to wondering what else they might have to hide.

 

[NVP]

Hi Mate

If you do not get satisfaction - I will send you a free version of my first commercial system I am currently finalising at my thread. contact me if/when you want in......

my systems/approach is a little more new and unique to the standard stuff out there so up to you if you want to join in - no pressure

Sadly some people in this business are a little less straightforward (ahem :whistling) with whats marketed/offered so I apologise for them all.....

if its any consolation we've all been there with this stuff and had to wear it....(I can show you the scars)
and actually for under $300 thats a cheap lesson believe me !

you wont do it again will you...

Neil
NVP