Schaeffers Research

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Michigan
1 review
0 helpful votes
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Lousy Results -- Don't Bother
June 2, 2025

I signed up for an introductory options advisory service. Only 1 out of 15 recommendations were profitable. When I asked for a refund of the unused subscription they told me it was not refundable and they knew it was a lousy service, but if I paid thousands more I could get a "better" service. Customer service was unresponsive. They were not interested in servicing existing customers except to get an upgrade to a more expensive service. Why would I spend another dime with them after being treated so poorly?

Date of experience: February 27, 2025
Florida
1 review
1 helpful vote
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Far From Customer Success
March 24, 2025

Schaeffers tricks to participate with email services however do not expect any assistance from customer support if you, safety investment and return your funds back even they have 90 days of funds return. Do not expect training or education. Does not look like US financial trust business.

Date of experience: January 30, 2025
Florida
1 review
1 helpful vote
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They are SCAMMERS
November 15, 2024

Beware of these SCAMMING thugs.

Their options recommendations and 'money-back' guarantees are a JOKE.

Had to force a card chargeback. Have their racket blacklisted.

Date of experience: November 15, 2024
Colorado
1 review
1 helpful vote
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Con artist
October 15, 2024

Nathane Sharp tricked my mom into providing all of her credit card info and proceeded to Max out all of her cards in a couple months. The only service provided was a barrage of text and email spam messages that are obviously not created by their company.
In addition to their charges from their institution, additional charges under 'The Traders Edge's are billed multiple times a month.
This company is taking advantage of people and not providing any legitimate services.

Date of experience: October 14, 2024

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California
2 reviews
1 helpful vote
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I was contacted by a salesperson because I have a credit on my account. He tried to sell me a service and said if I was not satisfied he would give me a store credit. When I asked if I could just buy the service with my existing credit he wrote back that noone is going to give you something for free. So, what good was his satisfaction guaranteed offer if you can actually use your stored credit?

Date of experience: June 3, 2024
Georgia
1 review
1 helpful vote
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Your will lose money!
September 13, 2023

I have too services with company. Your will lose Money.Believe they have a monkey throwing darts at options on wall. Lately this company is where off. Run!

Date of experience: September 12, 2023
South Dakota
1 review
2 helpful votes
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KATIE WILL MAKE THINGS RIGHT.
August 4, 2023

What started out as a terrible experience ended up as a good one thanks to Katie, the owner. One of the salesmen forgot how he should treat the customer and handle complaints. She stepped up and quickly fixed the problem. She cleared up account balances with my credit card and had a little "sit-down" with the offending salesman. As a result of her intervention, I'm pleased to change my review from negative to positive and, if you have a problem, give Katie a call. She'll make things right!

Date of experience: August 4, 2023
California
1 review
3 helpful votes
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Options Trading Review
July 31, 2023

After just a month with their recommendations and taking many of these my overall account is negative. There are companies out there that have better success.

Date of experience: July 31, 2023
Rhode Island
1 review
3 helpful votes
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Elite Trader
July 10, 2023

I increased the value of my retirement account by 600% using Elite trader and making 3-5 % of account value trades
The real time alerts were great, and once i was used to it i traded with my phone

It was amazing

I will be eternally grateful for SIR.

Date of experience: July 10, 2023
Colorado
1 review
5 helpful votes
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9 out of 10 of their recomendation will be a looser. Only 1 is the winner. Their event recomendation is come from stupid traders, researchers, they don't know what they doing.

Date of experience: February 2, 2023
New York
1 review
5 helpful votes
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Don't waste your money
January 25, 2023

Careful no refunds and most options recommended cost over$500. Purchased over phone and no refunds were ever mentioned.

Date of experience: January 25, 2023
Virginia
1 review
3 helpful votes
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Very positive experience
December 29, 2022

I worked with Alex and he was great. The trades are easy to follow with the instructions provided and I have been very happy with the growth in my trading account since April. Nothing bad to say here at all. Ask for Alex!

Date of experience: December 27, 2022
Canada
1 review
4 helpful votes
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That is fraud
December 7, 2022

Had a call with offer of subscription for 29.95 and agreed. Was charged 2995.00. Refusing to refund.

Date of experience: December 7, 2022
Texas
1 review
4 helpful votes
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Bad Company
July 19, 2022

I purchased several of their programs. The last one, I was provided with "last years recommendations" which allegedly showed 444% return. Cost was $1,000.

Waste of money. I have stopped using them because I lost 1/2 of my investment money. They will hound you to try top sell you more services.

Date of experience: July 19, 2022
Texas
1 review
5 helpful votes
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Lost over half of my account
June 2, 2022

In March of 2022, I purchased a lifetime package of all of Schaeffer's auto trading newsletters totaling $5,346.
Unfortunately, their product has not performed well, and the service was inadequate because after the auto trading began I lost over half of my account. I lost over half of my account before pulling the plug on the auto trading. As a result of this, I can no longer utilize this service since it is way too risky to do options trading on such a small amount of money. I asked for a refund and they refused to do so. They told me that within the next two years if they don't win at least 100 trades that are over 100% they will refund my money. However, I will not be able to utilize their service. And I would guess that within 2 years they should have at least 100 trades they get lucky on. Since they put out so many trades a day. Because of a direct result of their trading advice, I am unable to continue using the service. I want my money back.

Date of experience: June 2, 2022
Illinois
1 review
4 helpful votes
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Worst advises ever
December 27, 2021

They have no idea and their investment advises are dumb. I had lot of failures. Please don't fall in this trap.

Date of experience: December 27, 2021
GB
1 review
7 helpful votes
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Fraudulent, immoral company
July 29, 2021

Just want money, constant try to upsell new products, void/empty promises of refund. Be aware of their sales team.

Date of experience: July 29, 2021
TW
4 reviews
15 helpful votes
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About a year into the subscription (2017-2018). The trades were almost all losses. Would've actually made profits if I blind traded or traded against all their recommendations.

No Refund.

Date of experience: September 9, 2018