Alex M.'s review of Market Master Systems

Market Master Systems

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Complaint Posted 4/30/2010
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Review 4/30/2010
Date 04/30/10

I know this post may be a bit long, but could save you some money and frustration.

I purchased the TORIS trading platform from Market Masters (MM) in mid-February. My decision to buy the platform was solely based on the historical results that MM provided during the sales pitch. The results that MM provided were taken directly off their website. MM indicated that their website posts actual weekly activity from the platform and that was my audit of their trading activity(performance,trade counts,& profit/loss results). MM also indicated that this platform was strictly software driven, with no human intervention, also a big selling point to me. Shortly after my first trades, I noticed discrepancies in trade counts & profit/loss; what MM posted was NOT what actually happened to my account. The postings by MM have always been favorable over the actual results. I informed MM of these discrepancies. At this time I also requested that MM provide any sort of documentation that would confirm the historical results that were posted on their website. Since the first request, I have made several more requests of the same nature, but still documentation has not been provided to me. My results vs. MM posting have experienced an error rate of >70%. It was also brought to my attention by the broker that the platform is usually overridden by the programmer. Due to MM's inability to provide me with historical data that confirms the results that they have posted on your website and their intervention w/ the platform, I have requested a refund w/ no response.

This is a scam - stay away.

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Date 05/06/10

This message is in response to "John B.", which any person with any part of a brain would know that this is Market Masters speaking. I would agree that there may be some small variances in Dollars due to slippage (maybe $5-$20 max on a $10,000 account--2 contracts). But there should never be variances in trade counts.

The Dollars variances that I was experiencing were Huge variances compared to what MM is posting. And of course, MM Always posted higher results. Anyone trading the TORIS system should be getting the same trades; they are on the same trading block!

By the way, I like your last statement, "Keep it up Market Masters". What are you trying to keep up? Your are just a re-seller of the software; you are not the programmer (Andrey Korchnoy is) or even the trader (La Salle Futures is). So what are you trying to "Keep Up"? Oh...your trying to keep the Scam up; got it now.
 
 
 
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