• VectorVest

VectorVest

Overview

VectorVest has a rating of 2.45 stars from 44 reviews, indicating that most customers are generally dissatisfied with their purchases. VectorVest ranks 232nd among Stock Trading sites.

  • Service
    15
  • Value
    15
  • Quality
    15
Positive reviews (last 12 months): 50%
Positive
1
Neutral
0
Negative
1
2
See all photos
How would you rate VectorVest?
Top Positive Review

“Making money in a down market”

Tom J.
9/2/22

VectorVest helps me make better trading decisions. Even in a down market I'm making money. I made 25% on a stock in one day. I couldn't believe it! Thanks for the pick VV, keep 'em coming.

Top Critical Review

“Don't recommend to even try their trial. It's a trap!”

Liem D.
11/29/22

Their subscription is expensive and very much like other free charting websites with a bunch of technical indicators that basically show the past data. It does NOT help my trading/investment as advertised. I lost more than 15 trades within a month by following their day trading service "Derby". This company set up a trap with their trial. If late for 1 day, they will charge the whole month. It's a fishy & dishonest business. Terrible customer service. Never come back to Vectorvest

Reviews (44)

Rating

Timeframe

Other

Thumbnail of user liemd4
1 review
13 helpful votes
November 29th, 2022

Their subscription is expensive and very much like other free charting websites with a bunch of technical indicators that basically show the past data. It does NOT help my trading/investment as advertised. I lost more than 15 trades within a month by following their day trading service "Derby". This company set up a trap with their trial. If late for 1 day, they will charge the whole month. It's a fishy & dishonest business. Terrible customer service. Never come back to Vectorvest

Tip for consumers:
Do not recommend to even try. It's a trap. Their service is NOT as good as advertised. Dishonest, scam business. Stay away!

Products used:
Vectorvest 7

Service
Value
Quality
Thumbnail of user marcr175
1 review
20 helpful votes
September 17th, 2020

I signed for a 30 day trial. I never received log in credentials although I wrote several emails to the company. They gave me access after the 30 days. I wrote to the company to cancel service immediately. They never respond to emails. This service is useless. I finally was able to speak to a man who was extremely rude and unprofessional. He was condescending and verbally abusive. This company is a scam and they should be reported to the authorities. I am now disputing all the charges they have done on my credit card.

Thumbnail of user estherc183
1 review
12 helpful votes
January 26th, 2022

Absolutely not worth it. Their platform crashed last year and they haven't refunded what I'd already paid for a service that was not provided. I've lost money by following their "hot stock picks". Nothing you can't find by yourself.

Service
Value
Quality
Thumbnail of user brucef265
1 review
20 helpful votes
February 18th, 2021
Verified purchase

I've used VectorVest for several years, but am now stopping. It's because I checked their data against another source (MSN.com), and found that it's unreliable.
Upon consulting with their support folks, I learned a surprising fact: VectorVest does not report earnings, but only ESTIMATES of earnings. Even after the quarterly earnings reports come out, if the estimate is wrong, even wildly wrong, they will keep the estimate data in their history.
EXAMPLE: Comparing Facebook from July 2019 to June 2020.
VV shows revenue steadily increasing month by month. MSN shows that revenue peaked in December 2019.
VV shows earnings stuttering for the first 3 months, then going steadily upwards from then on. MSN shows that earnings peaked in December and never recovered to the earlier level.

Service
Value
Quality
Thumbnail of user robertp1634
1 review
23 helpful votes
May 26th, 2020

Stay away! They have an awful tech experience requiring you to use outdated tech for their platform on a mac. As a 40 yr. Old tech worker i found it impossible to figure out how to actually get logged into the platform. After an hour I gave up and went to cancel. Been waiting on hold for over 60 minutes.

Clearly a platform company on the decline - STAY AWAY!

Thumbnail of user raymondh166
1 review
44 helpful votes
February 17th, 2020

I did not find that this program integrates well with other trading tools. I never used the trading information. Trying to cancel the subscription was difficult and costly. First, you are put on hold for 15 minutes. Next, they want to offer you training. Next, they offer you discounts for other Vector Vest products. Why would anyone subscribe to other products when you didn't like the original? Finally, they renewed my subscription for another month and they do not offer refunds. Unless you really know and like this platform... stay away

Thumbnail of user rick.hadlock1
1 review
3 helpful votes
May 2nd, 2023

I watched in a free webinar titled "How To Generate 3% Per Month With One Option Trade Per Week." This course is a trick; the title is misrepresented.
1. This webinar was really an advertisement for a expensive course on option selling.
2. The topic was not explained in detail, except to say that selling Put options was how they did it.
3. The chat room was not open. It was mentioned that participants could ask questions in the chat room, but that was not so.
4. Apparently this webinar was a recording of a prior webinar of the same name.

Tip for consumers:
Waste of time.

Products used:
Webinar: "How to Generate 3% Per Month with 1 Option Trade Per Week"

Service
Value
Quality
Thumbnail of user elia29
1 review
47 helpful votes
January 8th, 2020

I signed up to the trial, didn't find much use for the service, emailed them several times asking to disconnect before the end of the trial but they ignored my requests and charged me $289 anyhow.

Companies with a service that has real value don't act this way.

Thumbnail of user abis12
1 review
25 helpful votes
May 17th, 2020

Lost almost 10 k with their suggestions! Cancelled on phone with the guy named Chris on April 22nd within trial period but, still charged $137 for next month. NO confirmation email sent by him. Extremely long wait time 30 min.
Glad used Amex for purchase, always helps.

Thumbnail of user andresf19
2 reviews
14 helpful votes
February 28th, 2022

I used VectorVest for 6mo, I dont recomend it. Software has too many problems for the price they charge. One month it was down 100% for 2 weeks and when they got it back up, it was having too many problems. They told everyone we were getting a refund and I never got one, plus I got an extra charge and when I asked what was that charge they told me they didnt know and I was going to get a call back. Never got a call or refund. Stay away, this company is greedy and dishonest...

Products used:
none

Service
Value
Quality
Thumbnail of user deanh157
1 review
22 helpful votes
May 11th, 2020

Tried the service for 2 months, not very good at all especially the derby, the guys don't have good suggestions, and the trading styles are not effective. Others in the derby also commented on it not being effective as noted by the fact that the narrator even read it to the group. Called and canceled effective the end of the month and they still billed me an extra month and refused to refund the extra billed amount of 167.00 dollars. You can get all of their features in the Think or swim platform except the derby and robo trader, so not really worth the investment

Thumbnail of user bdzmsn
1 review
0 helpful votes
April 4th, 2023

I emailed, called them and chatted with them to cancel my subscription. They are nothing less than thugs. Worst scam ever. Beware! It cost me >$500 for services I never used and for which I cancelled my subscription. Worse than the mafia!

Tip for consumers:
I have never, ever dealt with people like this in my life.

Products used:
The basic one, but it still cost $156 US/month.

Service
Value
Quality
Thumbnail of user liem87.pham
1 review
1 helpful vote
March 31st, 2023

There is no where on the app or website that allows you to cancel your subscription. The only way to cancel is to email them, which I did. But they still continued to charge me! Most fraudulent company I have ever seen. Horrible company and horrible people.

Tip for consumers:
Really horrible company, and really horrible people

Products used:
Stock analysis

Service
Value
Quality
Thumbnail of user michaelc7810
2 reviews
3 helpful votes
December 21st, 2022

The tech support is the worst tech support in the industry. The tech support is handled by incompetent, lazy people that know nothing about Vector Vest. These are glorified phone operators that are only capable of re-set the password. If the software is not working correctly, they tell you to shut down and re-start several times, and if it still does not to work to try the next day. They refuse to transfer you to a computer expert to solve your problem. If there is incorrect stock information on the software, they say they know nothing about the inner workings of the software and have no interest in correcting it.

Service
Value
Quality
Thumbnail of user chrisb1485
1 review
22 helpful votes
April 27th, 2020

They are nasty... they Don't respond to emails. And make it difficult to cancel service within trial period. They also have attitude and hang up real quick.

Thumbnail of user jackd421
1 review
31 helpful votes
April 13th, 2020

Called tech support 3 times on three different days, each time i was on hold for more then 90 minutes and then they hangup on me... i am 12 years vectorvest user... no respect to all time customers.
They are the worst tech support i have ever experience

Thumbnail of user justint301
2 reviews
10 helpful votes
February 2nd, 2021

Scam Website, Fake Trial and then Take your Money Scam. Just please be smarter then I was for the sake of the human race. Peace

Thumbnail of user romeros3
1 review
4 helpful votes
November 30th, 2022

Do not take your chance by trying more, because the more you give, the much more they want, i fell prey too but with the aid of Broadoak-capital com, i got back everything i was owed.

Thumbnail of user rics25
1 review
4 helpful votes
January 25th, 2022

Signed up. Overwhelmed with emails. Unsubscribed over and over. They won't stop. Reporting this company as bad and spammers.

Tip for consumers:
Place this company in your spam folder

Products used:
None

Service
Value
Quality
Thumbnail of user breev1
3 reviews
38 helpful votes
May 9th, 2019

I took a course and was told there was a money back guarantee. Never told I had to claim it before the course was even finished! How can I know if something works until I get to try it out? So I did not receive my refund and it took them 5 months to come up with this conclusion! Very unimpressed. No refund, no credit to account, no honour on the money back guarantee! Very expensive course. Do not recommend.

Thumbnail of user davids2094
2 reviews
37 helpful votes
January 24th, 2019

I just received my Visa bill to find I was charged $895 for an annual renewal. I stopped using Vectorvest 7 months ago because it did not meet my needs. Upon calling Customer Service, they said I agreed to auto renewal in the sign up process a year ago. I said I would expect a notice before they would auto renew something so expensive. They said they are not obligated to provide notice. Customer Service said they would prorate a refund with an additional 4% fee. Since the Visa posting process creates a delay, the bill for the prorated time and the 4% penalty amounts to $185. This is a complete rip off for something that I have not used for months nor found very helpful.

Thumbnail of user tootonyt
7 reviews
9 helpful votes
October 13th, 2018

May as well just write down a bunch of stock symbols on the wall and throw darts at it... you will prob get better results than the vector system. Its nothing more than a glorified, highly marketed machine that spits out nonsense information which anyone can do the same BUT you can do it on your own for free! Lol no need to pay money for this kind of useless stuff, it will only make you lose money in the end.

Thumbnail of user stevec854
2 reviews
39 helpful votes
November 27th, 2019
• Updated review

I taught dozens of people to use the VectorVest product. Over the years though, a trend emerged in terms of the feedback I was getting from them and these comments confirmed my own experience. People kept saying I have deployed a trading system but the results in the real world don't match the back test results... not even close. Hence, I undertook a process of auditing the trade reports generated from back tests by comparing the reported trades against the settings used. The outcome was that the trade sizes did not match the settings in the back tester. This finding led to more in depth testing, and the uncovering of a raft of other problems in the back tester.
Because VectorVest chose to ignore these problems when I reported them, I had no choice but to end my subscription and not teach the product anymore.
Also, if you are considering VectorVest you should read this http://kaner.com/pdfs/fitInvestmentColloquium.pdf its old but still relevant

Vectorvest has bugs
November 16th, 2019
• Previous review

I was a user group leader and teacher of vectorvest. When i found serious problems and reported them, vectorvest refused to fix the problems. This means users can get very unreliabld resulfs from the software. Also independdnt research shows some of their market indicators have little or no correlation to the direction of the market... so what are subsribers paying for?

Thumbnail of user donnaw119
2 reviews
23 helpful votes
June 2nd, 2017

On a whim vector vest charged me after I called several times as it did not work.
Vector Vest on a whim charged my American express for nothing. Nightmare
After talking to several employees that I did not want Vector Vest to get a credit!
I am almost seventy years old and never had a good company try to keep a customer happy.

Thumbnail of user jamesd141
3 reviews
77 helpful votes
April 23rd, 2015

Fred H must work for vector vest... I don't know one serious investor that uses this site. Vector vest claims that "Dr. Diliddo" knows how to time the market... trust me when I tell you, theres not one person on the planet that can time the market,, especially not this crook. Do some research before you sign up and save yourself the headache!

Tip for consumers:
simple... stay away

Service
Value
Quality

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From the business

Anybody can make money in the stock market with VectorVest? ۪s award-winning stock analysis and portfolio management system. The fast and easy way to invest in the market.

Company Representative

Thumbnail of user melissar1980
Melissa R.

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