They will promise to teach you how to trade Forex and Shares….based around a program developed by Greg Secker who they claim is one of the “worlds best traders”…….but what they NEVER disclose, is that Secker has NEVER been a trader. Anywhere. Ever. He used to be the IT guy for a trading house who publicy denounce him. NONE of the staff at LTT have ever been traders, and have no working knowledge, or professional experience in the field. In fact, they are the laughing stock of the professional currency trading world, who seem permanently bemused by the fact that these dodgy brother consistenly seem to dodge the law and ASIC.
They are required under their ASIC licence – to have an internal dispute resolution scheme for the HUNDREDS of dissatisfied and defrauded paying clients over the years – but I dare you to find it, let alone use it. The minute you complain they simply cut you off and cease all communication. They will not respond to ASIC or the Dept of Fair Trading. They respond under duress to NCAT – but they lie through their teeth at every step. You can go to the Ombudsman – but the offer they make to you is illegally based upon you removing ANY negative on line comment you’ve ever written about them. That is illegal, and yet the Ombudsman refuses to do anything about it.
Their offices in the Phillipines have been raided – for fraud – with police intervention required.
Below is a sample review from glassdoor – from a previous employee….
“Learn to con the public” StarStarStarStarStar Former Employee – Anonymous Employee in Chelsea, England (UK) Doesn’t Recommend Negative Outlook Disapproves of CEO
I worked at Learn to Trade full-time (Less than a year)
None whatsoever. Place is a total sham.
Everything. They have no real traders working for them only con men. This place is a total sham and a disgrace to the trading community. They suck the public of every last penny they have and treat the staff like lepers. Whenever you come up with an idea they shut you down and all your movements are recorded on CCTV. People in charge are a clueless bunch of clowns who have never stepped foot into a real trading … Show More
Advice to Management
Learn to get some morals and stop taking money from poor people who you con at every turn. Also if you want to be taken seriously employ some real traders not con men and actors just to fool the public. The whole office is just a charade to take money off innocent people.
There is an fb action group to join others who have been ripped off – if you need it, the link is here.