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The good, the bad, and the ugly - discover what customers are saying about Speculatefund

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10:28 am EDT
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Speculatefund specfund and marvellous services

I had paid 25K and subscribed for Specfund in second week of June-2017. Initially I received good/ average calls and could make profit of about 92K in less than 1 month. Then oneday, the fall in quality of the service started. I was asked to make short sell for BPCL at the of approx 442 (before split by first week of July). The share price kept on increasing for next few weeks. There was no Stop loss provided. Finally I made loss of about 120K (1 lac 20 thousand ). Similarly I was asked to make another trade, BUY call for REC Ltd at 184, and the share price of REC kept falling, I made another 90K loss. I lost confidence in them. Still they insisted to give me good calls. for next few weeks, I observed their calls, but of very poor quality, most of them ended in Stop loss. Then I requested for money refund, because they are promising 100% money back gurantee. But for last 1.5 months, they are Not refunding me any money. They are very cheat. and service is extremely poor. - Sukhendu Sain ([protected]@hotmail.com)

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Speculatefund Fraud people fooling people with sure shot call

Hi all,
I had paid 4K for one single call and in the first call person called RAJESH/PRUTHVIRAJ they are the persons who provide call. Today May 5th 2017 they asked me to sell bank of India intraday at 190.80 with stop loss of 193₹. I lost 17000₹ and 4000₹ for the amount which I paid to speculatefund total 21000₹ brokerages extra. I asked for refund then they are like I'll provide you one more call on Monday. Please don't contact this kind of fraud company. I am attaching all the required screenshots. Forgot to mention they even gave a call yesterday May 4th 2017 buy IOC @438.60 thank god I came out with cost to cost.

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Sukhendu Sain
US
Dec 06, 2017 9:59 am EST

Correction, It is SpculateFund. They are cheats.

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Sukhendu Sain
US
Dec 06, 2017 9:58 am EST

SpecuFund is a fraud. I know of 2 of my friends who faced issues with them. They did not refund me my Rs. 75, 000 for last 5 months. Though they are promising 100% money back. They did not keep any Stop Loss for my trading calls. Is there any trader or advisor in the world who don't keep Stop Loss for trade. They are big cheaters.

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Shelby69
AU
Aug 08, 2017 1:38 am EDT

Hi there kishan, I'm New and very interested in finding the best info as I'm interested in trading but only have a little idea how it works. Would you be nice enough to give me some hints on what/where I should start.

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Kishan More
US
Aug 08, 2017 12:59 am EDT
Verified customer This complaint was posted by a verified customer. Learn more

I don't know who you are and why are you posting here on behalf of above person but you mentioned my name so I have to answer you.
Either you are not aware of Stock future segment or may be you are new to this market.
First thing One should not trade in future segment with 55, 000 capital.
Second thing Stocks like Bank of India are highly volatile so you have to be quick while you are trading by yourself.
If you will trade after 10-15 minutes, market will not wait for you till than.
If you don't know basics of trading, you should not trade or atleast take proper training before you trade.
Because you don't get chance to learn during live market.
And as I stated above, Speculate team told Rishi to sell again 2-3 times but he did not.
I checked his conversation in whatsapp as well. His response time was very slower.
So blaming service provider is not the right way.
Why I am favoring them because I earned around 55, 000 profit on that day in same stock.
I hope you understand what I tried to say.
Thank you

K
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Kishan More
US
Jun 17, 2017 2:23 am EDT
Verified customer This complaint was posted by a verified customer. Learn more

Totally Biased review rish. I worked on same recommendation on 5th May in Bank of India and that day my profit was 55k+ in 1 lot only. I have confirmed with speculatefund only and I saw your full conversation.
First of all you are totally fresher and you don't know how to place order even.
second thing that You did not have enough capital to trade while trading with bank of India stock needs atleast 1 lac capital because margin of BOI was around 1.90 lac on that day.
I have contract note of my profit on that day because I followed them perfectly.
If you are not following them and you don't know even basics of market, you can't earn from market.
I have checked your conversation with them. You exit your position without asking them and they told you to enter again at 194 and 191 even but you did not enter because you don't know how to place order and bank of India crashed to 175 on that day itself.
That was bumper sell call from them and you couldn't earn from it because of your mistake.
Contact me on my email address, I will guide you how to trade properly in this market so that you earn profit next time dear.
Kishan More.

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spartan yuva
IN
Aug 07, 2017 10:26 pm EDT

hello sir,
is it a good thing for a company from the perspective of small traders that the call hitting hitting stop loss valued to rs.17000/- loss and the second call giving profit of rs.55000/-;

what is the use ji; because small traders always afraid of market and want to be well aware of losses; thats why we pay huge subscription even for single call;
see in case of rish55, he paid rs.4000/- for single call that means, in a month of 20 trading days; it seems like he subscribed at value of rs.80, 000/- subscription;
then how much could be the accuracy of call, it should be atleast 1000% accuracy; ok;
we small traders having capital of rs.50, 000/- want to trade and earn money with out losses; thats why we ready to pay even more than 10% of our capital as subscription cost even for a single or two calls;
pls understand that kishan ji;
one thing for sure is persons with huge capital cant loss money easily in market; ok;
thank you,
m.yuvaraj
phone no:[protected]
email: summamailanuppu@gmail.com

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