ATS One Trader Portal. Anyone heard of it?
Discussion
Hi Everyone,
Had some marketing material for the ATS One Trader portal. I'm not into stock and shares but we are looking to diversify our investments so have started to look into other options.
On the face of it I like the simplicity the service offers but I'm struggling to find any real info out there about it on the net. Naturally the marketing material does a good job of pushing the service, but wondered if anyone on PH is using such system and whats their real life experiences?
The service costs £10k in total. It's 5k up front to use the service (negotiable), with the balance payable once a profit of £30k has been reached. If you don't reach a profit of 30k in two years the company will waive the outstanding balance.
Any thoughts would be greatly appreciated, any other recommendations to other systems/service that you guys use w old be useful too, providing they can be used by a novice like me!
http://atstechnology.com
http://www.tradersmkt.com/showthread.php?t=8198
Lack of posts against users names sets the alarms bells off!
Thanks
Had some marketing material for the ATS One Trader portal. I'm not into stock and shares but we are looking to diversify our investments so have started to look into other options.
On the face of it I like the simplicity the service offers but I'm struggling to find any real info out there about it on the net. Naturally the marketing material does a good job of pushing the service, but wondered if anyone on PH is using such system and whats their real life experiences?
The service costs £10k in total. It's 5k up front to use the service (negotiable), with the balance payable once a profit of £30k has been reached. If you don't reach a profit of 30k in two years the company will waive the outstanding balance.
Any thoughts would be greatly appreciated, any other recommendations to other systems/service that you guys use w old be useful too, providing they can be used by a novice like me!
http://atstechnology.com
http://www.tradersmkt.com/showthread.php?t=8198
Lack of posts against users names sets the alarms bells off!
Thanks
I guess the 'big sell' of the portal service is there are recommendations of what stocks to buy, sell and hold. You can also limit losses by setting boundaries.
The recommendations of what stocks to buy and sell and the trading facility is what your paying for. I'm assuming it's the software that spots market trends and basis recommendations on this data. Looks like there is a brokerage fee of £15 on each sell or buy.
From the brochure... "The focus is on taking small but very regular gains and then reinvesting those profits to create a compounding effect"
The recommendations of what stocks to buy and sell and the trading facility is what your paying for. I'm assuming it's the software that spots market trends and basis recommendations on this data. Looks like there is a brokerage fee of £15 on each sell or buy.
From the brochure... "The focus is on taking small but very regular gains and then reinvesting those profits to create a compounding effect"
msport123 said:
I guess the 'big sell' of the portal service is there are recommendations of what stocks to buy, sell and hold. You can also limit losses by setting boundaries.
The recommendations of what stocks to buy and sell and the trading facility is what your paying for. I'm assuming it's the software that spots market trends and basis recommendations on this data. Looks like there is a brokerage fee of £15 on each sell or buy.
From the brochure... "The focus is on taking small but very regular gains and then reinvesting those profits to create a compounding effect"
Avoid it. I had been in the retail trading business for ten years and these things never end well. There is no such thing as free money and no one has a crystal ball. I have never heard of this software and could of course be completely wrong, but I doubt it. The recommendations of what stocks to buy and sell and the trading facility is what your paying for. I'm assuming it's the software that spots market trends and basis recommendations on this data. Looks like there is a brokerage fee of £15 on each sell or buy.
From the brochure... "The focus is on taking small but very regular gains and then reinvesting those profits to create a compounding effect"
I am not saying they are crooks like the binary options stuff on here a few weeks ago, but I do not think stuff like this lives up to the hype.
Also, edited to add: no address details or anything about regulation on that site.
These guys are spamming me as well.
They've managed to get hold of my number and call daily. Their spiel to me was that it's not a continuous trading portal, rather an "out of hours" portal. At the end of the daily trading window, there is a 30 minute slot where trades can be finalised. This software will allow them to present to me the close positions of all stock and to recommend which stocks to trade. An investment of "15 minutes a day"
I asked if I was actually buying stock, not just opening a spread-betting account. He confirmed stock trades. I then asked about the tax implications. I'm still waiting for my answer.
They've managed to get hold of my number and call daily. Their spiel to me was that it's not a continuous trading portal, rather an "out of hours" portal. At the end of the daily trading window, there is a 30 minute slot where trades can be finalised. This software will allow them to present to me the close positions of all stock and to recommend which stocks to trade. An investment of "15 minutes a day"
I asked if I was actually buying stock, not just opening a spread-betting account. He confirmed stock trades. I then asked about the tax implications. I'm still waiting for my answer.
Just give them a call. Oh wait, they don't have any credible contact details on their website.
Check out their corporate structure. Oh, they don't publish who they are or where they are.
Whoever regulates them will have information. Ah, no sign of any regulation.
I can't really see much from their website that prevents one from just assuming they are a pile of absolute s
te.
Check out their corporate structure. Oh, they don't publish who they are or where they are.
Whoever regulates them will have information. Ah, no sign of any regulation.
I can't really see much from their website that prevents one from just assuming they are a pile of absolute s
te. Thanks for the replies guys. I had a call from them this morning, told them I wasn't interested. Attitude very quickly changed upon questioning too. Told them I would be happy to sign up with no up front cost and upon making my first £20k profit I would give this to them (doubling their fee). I'll risk my money to potentially make them £20k, no risk to them? no surprise they were not interested! Too little information out there and too much of a sales pitch to take seriously.
msport123 said:
Thanks for the replies guys. I had a call from them this morning, told them I wasn't interested. Attitude very quickly changed upon questioning too. Told them I would be happy to sign up with no up front cost and upon making my first £20k profit I would give this to them (doubling their fee). I'll risk my money to potentially make them £20k, no risk to them? no surprise they were not interested! Too little information out there and too much of a sales pitch to take seriously.
No harm in helping everyone by filling out this: http://www.fca.org.uk/consumers/scams/report-scamIf they're kosher then it's no issue at all.
Just a continuation of my original post. They've been pestering me daily, to the point I've ignored their calls for the past 4 days (weekend included) Got an email from the rep saying that the deferred payment option was on a strict allocation basis only and his allocation is now filled.
Either he will stop pestering, or he will pull a double-glazing salesman trick in a few days saying "there's one space left, get it"
Either he will stop pestering, or he will pull a double-glazing salesman trick in a few days saying "there's one space left, get it"
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