Guarantee might have expired.
These EAs are a waste of your money
and the so called results are not
reliable. People who have actually
used them can all attest to this fact.
Plus, these jokers use Plimus.com.
And donāt quote BS from their own
website. Nobody can verify that the
top winner has been paid. And people
throw the word SCAM around way too
much. I donāt call this Fusion EA scam.
I just call it crappy overpriced joke.
Now, when they do not give out refunds,
then you can all scream scam ok?
As far as Iām concerned that still offers no real proof. Iām not trying to argue, merely stating my opinion.
And IF they paid that kind of money for THOSE EAās then they are bigger fools than I am and thatās pretty big. I have tested EAās that I found for free that had better results. (ok, maybe not since FRWC made a killing from selling them regardless of whether they work or not. Damn! Iām still the bigger fool).
It seems to me that they operate primarily through āluckā and as luck will have it those HUGE stop losses are going to get hit.
Anyway, good luck to all who continue to use it and good luck to all who seek a refund.
Uh, let me see. They can pay out over $100,000
for this group of crappy EAs but their credit sucks
so badly that they use Plimus.com? It does not
take a Sherlocke to see that a sum of their BS
start to stink even after just a very small amount
of scrutiny. They better give out refunds or
BT and FXCM will go after them or better yet,
publicly denounce them. Come onā¦ Plimus?
Where sleazy vendors all hide behind? Come
on please!!!
I tried to get a refund this week, but they refused.
Maybe I lost $1k on this trade.
Iāll keep trying to get my money back.
why didnt they refund you? is it because the 30 day statement that you need to show? i have placed my refund request today and hopefully should see an answer tommorow. I recommend dealing direct with Plimus.
This is obvious but Plimus is not ClickBank.
You cannot deal directly with Plimusā¦
whatever you send to Plimus goes directly
to the vendor. And the vendor will refuse
the refund. And nobody knows what the
refund policy is despite what it states on
their refund policy on the sales page.
People have been told 30 days of trading
and also 30 days from date of purchase.
Plimus will not override the vendor and give
you a refund on their own. That is upto
the vendor whereas ClickBank will always
override the vendor to give you a direct
refund. Plimus is just as crooked as the
bunches of vendors who hide behind them.
jonfxbotā¦ Plimus [B]HAS, DOES and WILL[/B] override the vendor
but they wonāt make it easy.
Plimus will only override the vendor
if there are a ton of complaints
against that particular vendor and
if the customer makes repeated
threats to Plimus; mostly legal
and non-stop harassment of them.
Otherwise, Plimus almost always
sides with the vendor. They
donāt make it merely hard;
they make it nearly impossible.
That is not how refund policy
should be handled. Basically,
crooks doing business with crooks.
Yes, they said the policy is to demo trade for 30 days and then you can get a refund. So my 30 days are almost up. Iām only trading lmd. I will send them the statement once the 30 days are up, and hopefully Iāll get a refundā¦
The policy also says no questions asked refund after 30 days, no matter what the results are, if you donāt like them you should get a refundā¦ but weāll see.
Unfortunately I am one of these people who fell for this scam.
I ran Highrider on a demo, actually I did try to run it but my anti virus kept blocking it and when I had it disabled even then the results werenāt great and I ended up with a loss and asked for a refund.
Below is an answer that I got through Plimus:
Vendor - Resolve (without a refund) - Hello, thank you for contacting us. As you know, per our refund policy customers need to provide a 30-day trading statement on a live or demo account to receive a refund. We would please ask you to respect it the same way we guarantee we will respect any personal refund request after fulfiling the refundās conditions. Please, rest assured that all of our products are completely virus-free - otherwise, they would not qualify for selling through Plimus. You anti-virus software mistakenly takes our DLL protection for a virus. We suggest that you install our products with a different anti-virus package and see it for yourself. Alternatively, you may choose to run the products off a VPS (Virtual Private Server) which is provided for free to customers by some brokers (such as iamfx.com) If you wish to submit a support ticket, please, call us or use LIVE CHAT support, then you will need to log in to the support system using your Members Area email address and password. We will respond within 24 business hours.
When I emailed them my statement and said that I was not going to change my anti virus because of extremely poorly performing robot, I got the following reply:
Vendor - Resolve (without a refund) - Hello. You need to email your 30-day trading statement to . Please, also note that the statement needs to be for 30 days of actual trading, not simply 30 calendar days.
I canāt believe I fell for this!!! I thought I had nothing to lose with their no questions asked money back guarantee.
:mad::mad::mad:
Just so you know, you can only get refunds from Plimus (the payment processor) , NOT from FWC (the vendor).
So get your money while you still can!!!
I wouldnāt bother trying to trade for 30 days in the manner they describe. In their money back guarantee, they didnāt specify this and any reasonable person would assume they meant 30 calendar days. Does this mean that their 60 day limit is really a 60 trading day limit? I think not.
Besides who can calculate 30 days of trading? Not some $8/hour customer rep thats for sure. Do you count Sundays as full days? In some parts of the world, trading doesnāt begin until Monday. If the robot didnāt take a trade on a particular date, is that a trading day? Who knows, maybe there was no activity or maybe the traderās computer was down for some perfectly good reason.
There is no point in this nonsense. If you feel that you gave it a reasonable attempt to prove its validity and it didnāt happen, you deserve to get your money back. There is plenty of evidence in this forum and others that the product as sold was not as advertised and no amount of trading with it would produce a different result. Time to play hardball with them - go the chargeback route or make such a nuisance of yourself, they will be glad to give you the money.
I am really grateful to have this feed back and advice. Where did they hide the clause that limits the money back gaurantee? I did not read that I had to trade for 30 days and include a statement. I would not have entertained this in the first place had it not been sponsored by FXCM, having already fallen for other hyped up products.
So trueā¦
Everyone dealing with FRWC refunds, it works better via Plimus!
I filed a refund request with Plimus, they copied it to the vendor (automatic).
Vendor did not respond for 2 business days.
Then, by Plimus rules, you can contact Plimus again and say you didnt hear from the vendor.
Plimus sends a message to the vendor saying āplease respond within 2 days or else weāll issue a refund directlyā.
Vendor did not respond for 2 days again.
In that case, you can again contact Plimus and say you got no response from the vendor. I did that.
Same day, got a reply from Plimus asking for my bank details. Later that day, I called Plimus because I couldnāt wait and they processed the refund live, on the phone! YES!!!
Being new to this - what what is the chargeback route?
I also have lost thousands of dollars to this scam.
It would be difficult for me to say exactly because I live in Canada and the policy might be different in your country and your bank. I would start by doing a search online at your bankās website to see how to do it.
Sorry to hear you lost more than your purchase price, but I guess thatās the price of education. I think chances are pretty high you will get a refund from reading otherās experiences.
I could have posted this reply on any of the EA threads, but I chose this one because it far and away is garnering the most activity.
The moral of the story with EAs is . . .
. . . purchasing any EA sold to the public is an utter waste of money, effort, and time.
This does not mean that there is no value in EAs ā only that there is no value in [B]commercially sold[/B] EAs.
What I have decided to do is learn the MQL programming language and code my own EA. I am about two months into this project. I havenāt yet come up with a profitable algorithm, but that, of course, is my goal.
And believe me, if and when I come up with a profitable algorithm and code it into an EA, that EA will [B]never[/B] be for sale or entered into any ācompetitionā such as the FRWC. I will keep the EA to myself and sit on the beach while that precious little robot earns my living for me.
I feel sorry for those of you who fell for the FRWCās bait. Best of luck getting your refund that you deserve from those scammers.
Sorry but I disagree. Commercial EAs can work. I do think that their profitability is probably not as good as just selling them for $ though. What I also think is that there is a lot of scamming in the āindustryā which is really disappointing. I also think it at best delays the prospective forex trader from learning the real workings of the markets and how to trade manually, which is a shame.