• Schaeffers Research

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Overview

Schaeffers Research has a rating of 1.85 stars from 13 reviews, indicating that most customers are generally dissatisfied with their purchases. Schaeffers Research ranks 74th among Option Trading sites.

  • Service
    8
  • Value
    7
  • Quality
    5
Positive reviews (last 12 months): 50%
Positive
2
Neutral
0
Negative
2
How would you rate Schaeffers Research?
Top Positive Review

“Very positive experience”

Meredith R.
12/29/22

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!

Top Critical Review

“Bad Company”

George W.
7/19/22

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.

Reviews (13)

Rating

Timeframe

Other

Thumbnail of user georgew1283
1 review
4 helpful votes
July 19th, 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.

Service
Value
Quality
Thumbnail of user douglasf602
1 review
4 helpful votes
December 27th, 2021

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

Service
Value
Thumbnail of user terryk607
1 review
5 helpful votes
June 2nd, 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.

Tip for consumers:
DON'T USE THIS COMPANY FOR AUTO TRADING.

Products used:
They state that if they don't provide at least 100 trades that are 100% or more return on investment within a 2-year period they will refund my money. However, if they don't do this with as many trades that they run every trading day, something is SERIOUSLY wrong.

Thumbnail of user alexanderp439
1 review
4 helpful votes
December 7th, 2022

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

Tip for consumers:
Their satisfaction guarantee policy is very unusual and in their understanding it means their own satisfaction, not consumer's. In short as soon as they get your money - you will never get it back without a fight. Stay away!

Products used:
Subscribed to their email list by mistake.

Service
Value
Thumbnail of user brianm3999
1 review
2 helpful votes
August 4th, 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!

Products used:
None

Service
Thumbnail of user meredithr110
1 review
3 helpful votes
December 29th, 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!

Tip for consumers:
Ask for the packages that offer performance guarantees!

Products used:
Weekend Pro

Service
Value
Quality
Thumbnail of user alanw1053
1 review
0 helpful votes
September 12th, 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!

Tip for consumers:
Don't buy all the hype on emails with winner after winner bs

Products used:
Weekend trader - weekly options trader

Service
Value
Quality
Thumbnail of user shelbyw168
1 review
3 helpful votes
July 31st, 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.

Thumbnail of user briendugas
1 review
3 helpful votes
July 10th, 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.

Tip for consumers:
Customer service guided me to buy the best products

Products used:
Elite Trader
Option Trader
Vertical Trader
Options expiration week

Service
Value
Quality
Thumbnail of user ps508
1 review
7 helpful votes
July 29th, 2021

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

Thumbnail of user sueh810
1 review
5 helpful votes
January 25th, 2023

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

Thumbnail of user chuongv3
1 review
5 helpful votes
February 2nd, 2023

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.

Tip for consumers:
don't buy any of their service, or waisting your money

Products used:
event , leverage ...

Service
Value
Quality
Thumbnail of user liderl
4 reviews
15 helpful votes
September 10th, 2018

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.

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