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Dragonpips Ea Is A Scam

Discussion in 'Scam Alerts' started by Aussie2010, Jun 5, 2010.

  1. Aussie2010

    Aussie2010 Private

    Joined:
    Jun 3, 2010
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    Dont waste your money or time with these scammers, in my search for a profitable EA I decided to buy this EA after I didnt find any negative comments on the net about them and after checking and receiving a guarantee from them:

    "Dear,

    We give 2 guarantee for all customers, 28 hours for backtesting
    if not similar like our backtesting, you can ask for refund, and
    90 days for foward testing demo or live account, if loss using
    dragonpips demo or live you can ask for refund by sending us at
    least 4 weeks trading history, and if we check that condition
    true, refund will be process in 5 business days.

    Regards,

    Dragonpips Support "

    So I tested their EA out as per their specifications for a month and the EA was hopeless blowing nearly half the 10k demo account so I sent them an email notifying them I would like to have my money refunded as per their guarantee and sent them the 4 weeks result as their specified

    "Hello

    further to my last email your EA has unfortunately performed very
    very poorly, as you can see from the attached statement I have life tested
    it using the standard settings that you advised and the result was
    that it took a $10000 account down to $5 087.79, so it lost $-4 912.21
    This is really disappointing as I expected good things from your EA as you advertised on your site. As per our agreement prior to purchase please refund the cost of purchase back to the PayPal account ASAP. Best of luck in your efforts to make a profitable EA.

    thanks"

    Ive been trying to get the money refunded now for two months and since they no longer reply to my emails such as

    "WHAT IS YOUR RESPONSE TO WHY YOU DO NOT HONOR THE GUARANTEE YOU GAVE ME PRIOR TO PURCHASE"

    Its just another SCAM EA looking to rip honest people out of their money.
     
  2. Pharaoh

    Pharaoh Colonel

    Joined:
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    Any updates? Tell them you posted here to help make their money back policy famous. ;)
     
  3. BluePanther

    BluePanther Private, 1st Class

    Joined:
    Jun 14, 2010
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    Famous money back policy

    "Money back" = money in the back pocket for them. Famously well-used among scam artists.

    I only trust ClickBank for my purchases. Paypal suck, so does RegNow.
     

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