Etobicoke, Ontario
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I signed up for Zach Scheidt's Income on Demand product, and paid the requisite subscription fee.

The advertising recommended that one needed at least US$20,000 to successfully invest smaller amounts in the various opportunities presented. Because I had over US$30,000 in my investment account, I believed that I was a suitable user.

The system uses options and is based on selling puts.

When I attempted to sell my first put recommended, the direct investment bank that I deal through, rejected the order and informed me that I needed to maintain at least US$50,000 in my account at all times because of the risk of having to exercise the option and buy a given stock was high.

I therefore had to cancel my subscription to Income on Demand. As per the contract, Agora withheld 10% of the subscription. Because of the misleading information regarding investment amount, Agora should refund that 10%.

Product or Service Mentioned: Agora Financial Income On Demand Subscription.

Reason of review: Not as described/ advertised.

Monetary Loss: $185.

Preferred solution: Full refund.

Agora Financial Pros: Jim rickards impact system.

Agora Financial Cons: Misleading advertising.

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Anonymous
#1515723

After watching the video on "Income on Demand" my head was about to explode because of all the repetitious content. I was super skeptical and when I finally found out the $2,000 price tag, I backed off.

They sent me an email and tried to entice me with a lower price.

My red flags went off and common sense told me to run away from this one. It all sounded way too good to be true.

Anonymous
#1283230

Did you ever recoup what was lost?

maryscott333
#1186259

There is a sucker born every minute.

This is what these get rich schemes count on.

Anonymous
#1170907

Thank you for posting this, I almost fell for this!

Anonymous
#1165852

It is correct that TD Ameritrade does not have a $50K requirement. However, the margin they offer for covering exercises is much lower than stock purchases.

Anonymous
#1156110

If you've received false information in the offer ($20k instead of requiring $50K) The credit card schemes will allow for the return of your funds through a chargeback).

Contact your bank and explain the issue. The offer misinformed and enticed you into a sale using false information that could only be discovered after the transaction. Deceptive practices.

Anonymous
#1090394

You should use TDAmeritrade. They have no such restriction.

OxygenMind
#1074449

Agora offered, and I accepted, a free one year subscription to any of their offerings. This is most generous and I am more than satisfied with the resolution.

NervousHammerheadShark
#1646749
@OxygenMind

This sounds like nonsense, not a refund. Avoid them. Change your credit card number and block their emails.

Anonymous
#1050140

Did you get refunded?

Anonymous
#1050192
@***cernedInvestor

Haven't heard a word from Agora!

I have now just emailed them directly with exactly the same text requesting a refund.

Anonymous
#1271095
@Anonymous

how bout now ?