I read this post by another unhappy MTI student or at least someone who had attended their webinars........
Had an interesting call with "Market Traders Institute". They claimed that they teach people to average 70% return per week. Of course that would compound to $1 million a quarter per $1000 invested. Ya we all have days like that, but not every day, but the guy on the phone implied as average ROR. Pretty much the whole call was "fear of loss" and "magic bullet" sales with some one who called them self an educational specialist. Seemed like code for sales guy aka closer, started naming a bunch of promotions to get me to part with $2000 on the spot... or wait I think he said payment plan to...I hung up at that point.
But he wasn't finished. Later I received an email with a headline - "NO MORE EXCUSES" Inside I was informed that because I was especially selected, I could take advantage of a never before offered 40% discount off the course of the program. The complete Ultimate Traders Package for only $4100. This is there words, not mine. Only $4100?? Oh yeah. I'm going to jump on that one. But the real kicker was that I was offered this "never before offered 40% discount" at least 4 times since last November. So much for "never before offered." I had to wonder if these guys ever keep any records on who they communicate with or just have so much turnover with their sales people that newbies are not aware of what is going on.
The claims made by MTI just seem too good to be true. With investors losing an average of 95% trading Forex, how could MTI have this many positive reviews and success? I don't believe it. And if MTI has so many happy an successful students, how come they are never nominated, let alone win any awards from Trader Planet which every year asks clients to vote for the best trading courses?
Sounds too good to be true.
Caveat Emptor!
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This was pretty much my experience as well. They get your name from Trader Planet or some other source and one of their amateur telemarketers invites you to a FREE WEBINAR. We figure FREE, hey that sounds good. 90 minutes and expect some education. What you get is a sugar coated sales pitch with very little training, even if you are a complete newbie. Then you get pressured to buy their course and are inundated with phone calls and emails.
Interesting too is that when they call you it will show up on your caller ID as a local number even though they are calling from Florida. As if nothing else they do is not deceptive.
I wouldn't even recommend the FREE webinar unless you have 90 minutes to waste.
Also recommend you read the other complaints on this thread and others to see what people around the world say about MTI and Next Step Financial Holdings.
Had an interesting call with "Market Traders Institute". They claimed that they teach people to average 70% return per week. Of course that would compound to $1 million a quarter per $1000 invested. Ya we all have days like that, but not every day, but the guy on the phone implied as average ROR. Pretty much the whole call was "fear of loss" and "magic bullet" sales with some one who called them self an educational specialist. Seemed like code for sales guy aka closer, started naming a bunch of promotions to get me to part with $2000 on the spot... or wait I think he said payment plan to...I hung up at that point.
But he wasn't finished. Later I received an email with a headline - "NO MORE EXCUSES" Inside I was informed that because I was especially selected, I could take advantage of a never before offered 40% discount off the course of the program. The complete Ultimate Traders Package for only $4100. This is there words, not mine. Only $4100?? Oh yeah. I'm going to jump on that one. But the real kicker was that I was offered this "never before offered 40% discount" at least 4 times since last November. So much for "never before offered." I had to wonder if these guys ever keep any records on who they communicate with or just have so much turnover with their sales people that newbies are not aware of what is going on.
The claims made by MTI just seem too good to be true. With investors losing an average of 95% trading Forex, how could MTI have this many positive reviews and success? I don't believe it. And if MTI has so many happy an successful students, how come they are never nominated, let alone win any awards from Trader Planet which every year asks clients to vote for the best trading courses?
Sounds too good to be true.
Caveat Emptor!
---------------------
This was pretty much my experience as well. They get your name from Trader Planet or some other source and one of their amateur telemarketers invites you to a FREE WEBINAR. We figure FREE, hey that sounds good. 90 minutes and expect some education. What you get is a sugar coated sales pitch with very little training, even if you are a complete newbie. Then you get pressured to buy their course and are inundated with phone calls and emails.
Interesting too is that when they call you it will show up on your caller ID as a local number even though they are calling from Florida. As if nothing else they do is not deceptive.
I wouldn't even recommend the FREE webinar unless you have 90 minutes to waste.
Also recommend you read the other complaints on this thread and others to see what people around the world say about MTI and Next Step Financial Holdings.