The most trusted and popular consumer complaints website
Explore your opportunities! Create an account or Sign In

Agency Financial Services / Reverse Leveraging

1 Melbourne, Victoria, Australia Review updated:
Contact information:

This company sells Fusion Trader. It's a investment software. They claim you need only 20 minutes twice a week to place some trades. An online demonstration looks impressive. Once you have paid, you get some training but then the trouble starts. The software finds lots of trades but most of them are useless. Finding the right ones takes hours. Some days there is nothing to trade at all. All help I get is: You need probably more training...
After three month, with only a few dollars gained, I decided to ask my money back. (They offer a 6 month moneyback guarantee). Their reply: The guarantee is only valid as long as you do not log-in into Fusion Trader... This is more than a rippoff, this is fraud! Be aware of this company. At this current rate, with the amount of money I have made made so far, it will take me at least two years to get my money back!
Agency Financial Services claims that there are no limits when placing a bet. In my experience every bookmaker has maximum stake limits. They vary depending on the type and popualrity of a certain game. Agency Financial Services tells me, the limits are only for the fist couple of bets and they have never problems with low limits...
Spending more money on a trade becomes difficoult if you don't know the bookmaker limits. You might be lucky with two bookmakers who accept your bet but the third one might refuse it, leaving you exposed with a potential of money loss.
They promise a lot but you are on your own once you made your payment and only after that you find out what is actually working and what is not!

Mz
Sort by: UpDate | Rating

Comments

  • Gl
      17th of Oct, 2009
    0 Votes

    Know what you are saying. As soon as you say the word refund you are ignored totally.

  • Sa
      18th of Jan, 2010
    0 Votes

    My Mother has also been scammed by this company. According ASIC ABN registered office is on the Gold Coast QLD although paperwork still lists Melbourne as their address. Mum never did the training just paid over$16000 for the software. These people prey on the vunerable. Contacted them regarding a refund which was orf couse was denied. They are very smooth, the woman still trying to convince Mum to just complete the training and see how the program works. This reverse leveraging is another name for sport arbitrage. It's still gambling, something the salesperson neglected to mention in is his 'impossible to lose any money' spiel.

  • Be
      27th of May, 2010
    -1 Votes

    Purchased Fusion Trader from Agency Financial Services - IS A COMPLETE SCAM - buyers beware. Have had the same experience as you all

Post your comment