165 inquiries | Commodities Brokers and Dealers
(310) 348-9909
http://www.themts.com
Company Rating
AAA
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Complaint Experience
N/A
Membership Information
This business is not a member of Business Consumer Alliance. This fact does not disparage the company in any way.
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BCA's Summary and Analysis:
Complainants generally allege that the company offered only partial refunds or wanted to get the customer to use another program in lieu of a refund. A few customers complained that they were telemarketed by the business despite being enrolled on a National Do Not Call List. The company responds to a few complaints by providing full refunds, or stating that they will refund the other half, or that the customer agreed to use another program in lieu of a refund.
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Company Info
This company's business is selling trading software and providing investments.
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Licensing
With certain exceptions, Federal law requires all persons, businesses, or organizations that wish to conduct futures related business with the public to apply for National Futures Association Membership or Associate Status. To check or verify registration of your broker, advisor or dealer, you may contact the NFA's Information Center. They can be reached by mail at: NFA, 300 South Riverside Plaza, #1800, Chicago, IL 60606-6615, by phone at 312-781-1410 or 800-621-3570. You may visit their website and obtain the same information at www.nfa.futures.org/basicnet or by email to [email protected] . The website contains registrations from the Commodities and Futures Trading Commission, NFA, and the US Futures Exchange.For businesses outside of California, please check with the agency that regulates this industry.
BCA has no information regarding government actions at this time.
We urge careful evaluation of any offer which purports to increase your ability to make higher returns in the commodities and futures market. First, these markets should only be entered into by experienced investors that have sufficient capital to sustain losses. These markets can significantly fluctuate causing extreme losses and gains. Many companies offering such software, training, programs, plans, books, or other tools make reference to the risks but when selling their products they make verbal claims that are disqualified by taped verification calls and written agreements. In addition, most make misrepresentations about the efficacy of their products and in general claim that their tools eliminate the need to make decisions.
We know of no other matter or practice relating to this company that may assist you in your consideration of this company.
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