WealthPress Review: Is It Your Ultimate Trading Guide?

Remember, finding a trustworthy guiding light can be the key to success. WealthPress, a trading signal service, kind of steps into this role. The firm offers practical advice and trading strategies to people who are interested in trading. Yet, is this company reliable after all? 

In this WealthPress review, we will dive into the core aspects of WealthPress. We will analyze its offerings, cons, and features to provide you with an unbiased perspective.

Understanding WealthPress

WealthPress, operated by WealthPress Holdings LLC, aims to empower users with some trading knowledge and tools. 

Central to their approach is the WealthPress Accuracy Income trading system. This is a proprietary strategy made to identify short-term trading options. Sounds solid at first! 

Through this system, users receive trading signals via SMS and email. Namely, this can be beneficial to stay updated on market movements and trends.

The Expertise of Roger Scott

WealthPress is led by Head Trader Roger Scott, who brings over 25 years of trading experience. His expertise apparently offers valuable market insights for users. 

Roger Scott’s guidance adds a portion of credibility and depth to the service. So, this may seem like a reliable choice for traders.

Indeed, some people label him as a scammer. Yet, it’s fair to acknowledge that he openly discussed his losses. Besides, he offered cautionary advice, guiding people on how to handle tricky traders. Anyhow, we must say that the lawsuit changed this company’s credibility a bit. 

FTC Lawsuit: WealthPress Deception Exposed

The FTC took legal action against WealthPress and its owners, Roger Scott, and Conor Lynch, accusing them of making false promises to sell investment advising services. WealthPress allegedly charged customers hefty fees, promising expert strategies for making money. 

Many customers, however, ended up losing huge amounts instead. In response to the lawsuit, WealthPress agreed to refund over $1.2 million to affected customers and pay a $500,000 fine. They also committed to halting deceptive claims about earnings. The FTC revealed that WealthPress misled people about their chances of significant profits. Yet, this led to financial losses for many clients who had already paid for the service. Keep that in mind! 

Tip: The CoinsBank blockchain platform includes advanced crypto exchange services. Still, this company has received some negative reviews from traders!

Diverse Product Offerings

One of WealthPress’s notable features is its array of products covering various trading avenues. From credit spreads to crypto and global market trends, WealthPress covers it all! It has a diverse set of resources to suit different trader preferences. 

Besides, their Master Indicator serves as a versatile tool. It adapts traders to explore stocks, futures, commodities, and crypto.

Let’s take a look at all of their paid features. Here’s a breakdown of some of the WealthPress’s paid offerings:

• Alpha Rotation (Portfolio from $1,000 to $5,000): This service guides traders in identifying profits from market sector rotations. It focuses on specific ETFs to minimize risk while gaining exposure to different sectors.
• Bargain Hunter Alerts (Portfolio from $1,000 to $5,000): Using algorithms, this service backtests price patterns on ETFs. It aims for substantial returns through small movements in share prices. You receive individual backtests with each alert.
• Code Breaker Alerts (Portfolio from $1,000 to $5,000): Using algorithms to backtest explosive candlestick patterns, this one focuses on small and mid-cap stocks. 
• First Strike Portfolio (Portfolio from $1,000 to $10,000): This weekly service concentrates on large-cap stocks. 
• Overdrive Trades (Portfolio from $1,000 to $5,000): Based on the “3D Printing” strategy, this service captures volume spikes telling institutional buying and support. Stocks are chosen based on their ability to stay above the 50-day moving average.
• Pattern Trader (Portfolio from $1,000 to $5,000): Restricted to 250 members, this service identifies short-term trend reversals using five candlestick patterns.
• Quantum Indicator: Targeting stocks with a Velocity Strength Number of 0.1, this service helps you identify potential price reversals. When the indicator turns green, it suggests the stock could rise, while a red indicator hints at a potential downturn.
• Sniper Trader Pro (Portfolio from $1,000 to $5,000): This service uses a mean reversion strategy on strong stocks, focusing on short-term entry points indicated by adjusted RSI. Trades are triggered when the RSI crosses above 70, maximizing profits.
• Alpha Sweep Alerts (Portfolio from $1,000 to $5,000): These alerts provide insight into trades targeted by insiders, helping traders forecast price movements, even in uncertain market conditions.
• Heavyweight Trade Alerts (Portfolio from $2,000): This service selects trades based on technical indicators and confirms opportunities using option flow data.
• Master Indicator: Using momentum, this indicator signals new trade opportunities and is customizable for different trader types.

WealthPress Customer Service and Refund Policy

Does this trading company offer customer service? Understanding the importance of client satisfaction, wealthpress.com offers phone support from Monday to Friday, 9 a.m. to 5 p.m. EST. They also offer support via email and a contact form. 

Similarly, the firm provides a 7-day refund policy for its software products. This is what allows users to test their offerings risk-free. So, we must agree that this is solid from them! 

Tip: Despite promising high returns, CarbonCapitalFX is a suspicious forex broker. It’s advisable to avoid it.

Reviews and Reputation

First and foremost, this company received 2.8-star reviews on Trustpilot. This tells us that many clients did not have such a great experience with the platform. 

Also, WealthPress has undergone scrutiny from many people online and on forums. These reviews offer some perspective, allowing potential users to weigh the service’s pros and cons before making a decision.

Tip: We must say that navigating the WealthPress login page seems a bit complex. 

Start Earning – Expert Guidance and Free Trials Await

Interested in making money through online trading? It’s never been easier! We’re here to help you every step of the way. Get in touch with us now for free consultations and expert advice on the best trading platforms. 

Plus, meet our AI Analysis Bot, your stress-free research companion. It offers valuable trading insights and predictions.

The best part? Try it for free for 20 days! No upfront payments are needed at all! You can explore 5 detailed FX analysis reports and 5 stock analysis reports each month. Boost your profits effortlessly and give it a try today to take your trading to new heights!

Conclusion

Yes, we can see that WealthPress offers expert trading guidance for users on their trading journey. Still, there are many legal issues with this company. While not necessarily bad, (we learned that from the Ripple lawsuit) legal drama is something to be mindful of. It’s essential that you research and understand their trading needs beforehand. This is a must! 

Assessing your risk tolerance is crucial before deciding to use WealthPress as a trading companion. By taking these steps, users can make educated decisions and potentially make some profits.

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