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Find a Location

TruTrade has 1 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

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    • TruTrade

      7014 E Camelback Rd Ste 1452 Scottsdale, AZ 85251-1227

    Business ProfileforTruTrade

    Computer Software

    Additional business information

    Advertising Review:

    On January 20, 2023, BBB requested TruTrade to modify, substantiate or discontinue claims made on their website (https://trutrade.io/) that read, "The World Leader in Retail Automation" and "The #1 Automated Click Plug 'N Play Scalping Software for Retail Traders Worldwide". Additionally, on the Home page (https://trutrade.io/earn-a-funded-account/) it read, "Earn a $50,000 Funded Trading Account by Utilizing the Powerful Autoripper Trading Software". Advertisers must be prepared to substantiate such claims per BBB's Code of Advertising.

    BBB's Code of Advertising Section 29 states, Expressions of opinion or personal evaluation of the intangible qualities of a product or service are likely to be considered puffery. Such claims are not subject to the test of truth and accuracy and would not need substantiation. 29.2 Puffery may include statements such as “best food in the world” and “we try harder” as well as other individual opinions, statements of corporate pride, exaggerations, blustering and boasting statements upon which no reasonable buyer would be justified in relying. Puffery also includes general claims of superiority over comparable products that are so vague that it can be understood as nothing more than a mere expression of opinion. Additionally, BBB's Code of Advertising Section 1 states, The primary responsibility for truthful and non-deceptive advertising rests with the advertiser. Advertisers should be prepared to substantiate any objective claims or offers made before publication or broadcast. Upon request, they should present such substantiation promptly to the advertising medium or BBB.

    As of January 30, 2023 the business has not responded to BBB's request.

    See all additional business information

    At-a-glance

    Customer Reviews

    1/5stars

    Average of 1 Customer Reviews

    Customer Complaints

    3 complaints closed in last 3 years

    1 complaints closed in last 12 months

    Customer Reviews are not used in the calculation of BBB Rating

    Reasons for BBB Rating

    Overview

    This business offers automated trading technology for retail trader services.

    Business Details

    Location of This Business
    7014 E Camelback Rd Ste 1452, Scottsdale, AZ 85251-1227
    BBB File Opened:
    6/30/2022
    Years in Business:
    4
    Business Started:
    3/4/2020
    Business Incorporated:
    3/4/2021
    Type of Entity:
    Limited Liability Company (LLC)
    Alternate Business Name
    • TruCapitial LLC
    • TruTrade.IO
    Business Management
    • Mr. Danny Rebello, CEO/Co-Founder
    Contact Information

    Customer Contact

    • Mr. Danny Rebello, CEO/Co-Founder
    Additional Contact Information

    Phone Numbers

    Email Addresses

    Customer Complaints

    3 Customer Complaints

    Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

    File a Complaint

    Most Recent Customer Complaint

    12/24/2022

    Complaint Type:
    Product Issues
    Status:
    Resolved
    BBB,I spent over $22,500 for two of their trading systems (PowerRipper Pro and RIpper X back on mid Aug 2022 and used for several months on practice and live accounts. Then all of a sudden without warning the licenses I payed for stopped working. I emailed TruTrade last week on 19 Dec and ***** from TruTrade.IO stated he no longer works at sales and referred me to support and created a ticket. The ticket was number #*** created on the customer service site at: https://*******************************/portal/en/myarea?=&createdBy=Mytickets. I waited several days and there was never a response. I emailed TruTrade support at [email protected] passing them what I sent ***** the following: "*****,I'm not sure what happened to my two licenses (Power Ripper PRO) and (Ripper X) but they appear not to be working anymore? I'm not sure I did something with NT8 but every time I click on the chart to turn on they come on and then turn off immediately. Appreciate any assistance you or your office can provide. **************************** ************"***** replied back he sent to support and created a ticket but no one from support ever responded to my email and they just closed my ticket, deleted there was even an entry and did not supply. Again, I paid for these two licenses that are no longer working. Before being give the software and licenses I signed the TruTrade LLC Software Licensing Agreement and reread the entire document did not breach any agreement. Request my licenses be restored or refunded the entire amount. Thanks, ******
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    Customer Reviews

    1 Customer Reviews

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    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    Jay O

    1 star

    09/07/2023

    I made the purchase mid August 2023, and since I have not been able to use the product. The company is charging fees that were not disclosed prior to purchase for installation and license key. I had issues with installation and they were informed from the beginning, but they only offer to help if $500 was paid. this was not mentioned during the purchase process. They did not show any past performance of product, only mentioned it. They want to charge to reissue license keys even after failing to assist with installation and understanding I had issues with this process. The product does not work as advertised, and support is non existent. They maintain anonymity you never know who responds, it appears they do not read their ticket system to understand core issues and how to resolve. Support if you are lucky respond in 48 hours, but their response does not address the issues, leaving you at square one every time. Sales person disappeared and will not call back. They do not take credit card payment only wires, this should have been a red flag for me. Considering filing complaint with ** AG's office. Stay away from these people. Please note, no reviews on their ******* Videos

    Local BBB

    Better Business Bureau Serving the Pacific Southwest

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