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    • MysteryMan
    • By MysteryMan 26th Oct 17, 2:17 PM
    • 28Posts
    • 14Thanks
    MysteryMan
    HSL Smart Market System - Any Views?
    • #1
    • 26th Oct 17, 2:17 PM
    HSL Smart Market System - Any Views? 26th Oct 17 at 2:17 PM
    Not sure if this is the right place to ask this question, but, here goes.....

    Has anybody got any experience/views of the HSL Smart Market System? It is a set of software tools for trading shares on stock market.

    Any views would be appreciated and, in particular, if anyone has any idea of how much the system costs to buy into and what is the minimum sort of investments you need to make it worthwhile.

    Yes, I could call them, but, would be helpful to know this without having a hard-sell salesman on the other end of phone!

    Last edited by MysteryMan; 26-10-2017 at 2:19 PM.
Page 1
    • Browntoa
    • By Browntoa 26th Oct 17, 3:18 PM
    • 33,681 Posts
    • 39,806 Thanks
    Browntoa
    • #2
    • 26th Oct 17, 3:18 PM
    • #2
    • 26th Oct 17, 3:18 PM
    Why pay a 3rd party to deal in shares anyway ?
    I'm the Board Guide of the Referrers ,Telephones, Pensions , Shop Don't drop ,over 50's and Discount Code boards which means I volunteer to help get your forum questions answered and keep the forum runnning smoothly .However, please remember, board guides don't read every post. If you spot an inappropriate or illegal post please report it to forumteam@moneysavingexpert.com Any views are mine and not the official line of MoneySavingExpert.
    • MysteryMan
    • By MysteryMan 26th Oct 17, 3:19 PM
    • 28 Posts
    • 14 Thanks
    MysteryMan
    • #3
    • 26th Oct 17, 3:19 PM
    • #3
    • 26th Oct 17, 3:19 PM
    Why pay a 3rd party to deal in shares anyway ?
    Originally posted by Browntoa
    Because the 3rd party is doing a lot of analysis, etc. to indicate which shares to buy!
    • Stevengate
    • By Stevengate 26th Oct 17, 5:48 PM
    • 3 Posts
    • 1 Thanks
    Stevengate
    • #4
    • 26th Oct 17, 5:48 PM
    • #4
    • 26th Oct 17, 5:48 PM
    Spoke with them today. Was reported that they charge 9900 but during the month of October it is half of this. They still expect the same amount and will charge you the rest of the amount when you have made 30k in profit, which they guarantee you will make in the first 2 years (if you don't, you do not have to pay the rest of the sum).

    Sound to good to be true?
    • MysteryMan
    • By MysteryMan 26th Oct 17, 5:57 PM
    • 28 Posts
    • 14 Thanks
    MysteryMan
    • #5
    • 26th Oct 17, 5:57 PM
    • #5
    • 26th Oct 17, 5:57 PM
    Spoke with them today. Was reported that they charge 9900 but during the month of October it is half of this. They still expect the same amount and will charge you the rest of the amount when you have made 30k in profit, which they guarantee you will make in the first 2 years (if you don't, you do not have to pay the rest of the sum).

    Sound to good to be true?
    Originally posted by Stevengate
    Yes, those are our thoughts!

    Has anybody any experience of the product or company?
    • Flat Top
    • By Flat Top 26th Oct 17, 9:36 PM
    • 2 Posts
    • 0 Thanks
    Flat Top
    • #6
    • 26th Oct 17, 9:36 PM
    • #6
    • 26th Oct 17, 9:36 PM
    I have been looking into this also today after being contacted,it does seem to be a winner but like you I have the nagging doubt of its too good to be true,,,,,as the saying goes "if it sounds too good to be true it probably is"....
    I have not come across a negative review as yet though, how is your research into this going?
    I am very tempted
    • Browntoa
    • By Browntoa 26th Oct 17, 9:38 PM
    • 33,681 Posts
    • 39,806 Thanks
    Browntoa
    • #7
    • 26th Oct 17, 9:38 PM
    • #7
    • 26th Oct 17, 9:38 PM
    So thread is bumped by two newbies who seem to think it's ok .....

    Mmmmmmmm
    I'm the Board Guide of the Referrers ,Telephones, Pensions , Shop Don't drop ,over 50's and Discount Code boards which means I volunteer to help get your forum questions answered and keep the forum runnning smoothly .However, please remember, board guides don't read every post. If you spot an inappropriate or illegal post please report it to forumteam@moneysavingexpert.com Any views are mine and not the official line of MoneySavingExpert.
    • Browntoa
    • By Browntoa 27th Oct 17, 7:55 AM
    • 33,681 Posts
    • 39,806 Thanks
    Browntoa
    • #8
    • 27th Oct 17, 7:55 AM
    • #8
    • 27th Oct 17, 7:55 AM
    And a quick search on the company name throws up loads of free ads posts "promoting" the system . Always a bad sign

    Either a MLM element or poorly managed affiliate scheme.

    I do wonder why a legitimate business would be promoted that way
    I'm the Board Guide of the Referrers ,Telephones, Pensions , Shop Don't drop ,over 50's and Discount Code boards which means I volunteer to help get your forum questions answered and keep the forum runnning smoothly .However, please remember, board guides don't read every post. If you spot an inappropriate or illegal post please report it to forumteam@moneysavingexpert.com Any views are mine and not the official line of MoneySavingExpert.
    • Browntoa
    • By Browntoa 27th Oct 17, 7:57 AM
    • 33,681 Posts
    • 39,806 Thanks
    Browntoa
    • #9
    • 27th Oct 17, 7:57 AM
    • #9
    • 27th Oct 17, 7:57 AM
    Also , for a large "legitimate" business , why is there no phone number on their web site , only a web form ?

    And no contact address , despite some of the promotional posts elsewhere claims they are based in Canary wharf ?

    Domain name has vague ownership , seems to be registered to Sedo who are domain resellers, rather than an established company , which is what you would expect
    Last edited by Browntoa; 27-10-2017 at 8:04 AM.
    I'm the Board Guide of the Referrers ,Telephones, Pensions , Shop Don't drop ,over 50's and Discount Code boards which means I volunteer to help get your forum questions answered and keep the forum runnning smoothly .However, please remember, board guides don't read every post. If you spot an inappropriate or illegal post please report it to forumteam@moneysavingexpert.com Any views are mine and not the official line of MoneySavingExpert.
    • Stevengate
    • By Stevengate 27th Oct 17, 11:40 AM
    • 3 Posts
    • 1 Thanks
    Stevengate
    Hi Browntoa,

    Thanks for your input on this.

    I have done some further digging on this. They "claim" that their headquarters is based in Hong Kong (where the company was founded) and that this is just an UK branch of the company. They gave me the company name of Highway Software Ltd, company number of 0514 1284.

    Still a lot of red flags for me.
    • Browntoa
    • By Browntoa 27th Oct 17, 11:50 AM
    • 33,681 Posts
    • 39,806 Thanks
    Browntoa
    So no FCA registration , outside of reach of UK authority , barge pole comes to mind
    I'm the Board Guide of the Referrers ,Telephones, Pensions , Shop Don't drop ,over 50's and Discount Code boards which means I volunteer to help get your forum questions answered and keep the forum runnning smoothly .However, please remember, board guides don't read every post. If you spot an inappropriate or illegal post please report it to forumteam@moneysavingexpert.com Any views are mine and not the official line of MoneySavingExpert.
    • Flat Top
    • By Flat Top 28th Oct 17, 5:03 PM
    • 2 Posts
    • 0 Thanks
    Flat Top
    NOT being FCA registered knocks it dead for me!!
    The guarantees would be worthless, they sound great but are only words on paper is not backed as a legal binding guarantee.
    The guarantees they sent me do have an address of 40 Bank Street, London E145NR...Canary Wharf......
    cheers for highlighting the FCA situation.

    DISAPPOINTING THAT I HAVE TO CANCEL THE ORDER FOR MY YACHT THOUGH
    • clubconsoles
    • By clubconsoles 10th Nov 17, 8:21 PM
    • 42 Posts
    • 20 Thanks
    clubconsoles
    I have just joined this forum purely to comment on the HSL system.
    I signed up in mid August and have only been paper trading and not used my online broker to buy anything, as yet.
    So far I have paid 499 to get 2 years worth of LSE data and 3950 to get the actual system that is sent in a welcome pack through the post. I can confirm that the balance owing of 4950 becomes due ONLY if i make the promised 30K in two years of trading.
    I haven't made anything paper trading but have been assured that i had too many different sectors and positions open and that I only need to get into the market with 4 x holdings of 500 and can juggle my way to 30K in the quoted 2 year time frame?
    Any Opinions welcome, good or bad!
    • Stevengate
    • By Stevengate 16th Nov 17, 10:46 AM
    • 3 Posts
    • 1 Thanks
    Stevengate
    I ended up pulling out of the scheme as I thought it looked too good to be true.
    If you can keep us updated with how you get on that would be great!
    • clubconsoles
    • By clubconsoles 16th Nov 17, 2:35 PM
    • 42 Posts
    • 20 Thanks
    clubconsoles
    will do stevengate, thanks for your reply.
    • kit26
    • By kit26 16th Nov 17, 3:07 PM
    • 2 Posts
    • 0 Thanks
    kit26
    Hi, Could I ask how your getting on with HSL smart system
    • clubconsoles
    • By clubconsoles 10th Jan 18, 9:42 PM
    • 42 Posts
    • 20 Thanks
    clubconsoles
    anyone else on here has any luck with this system. I haven't heard back from them since I asked for a refund??
    • SigSpruce
    • By SigSpruce 5th Feb 18, 3:12 PM
    • 1 Posts
    • 2 Thanks
    SigSpruce
    I was contacted by HSL re Smart Market System in August. I tried to find out more about them but there is not much out there. Contacted Canary Wharf and they advised they do not rent any offices to HSL, they also contacted a subletting firm (as they refused to answer me direct) and they do not rent out to HSL either. I put this to them and they were adamant they rent a whole floor at Canary Wharf.

    I got as far as having the software sent to me (after paying a 100 deposit) but due to not finding any evidence of this scheme or company I returned it and requested a refund.It took approx. 3 weeks of constantly emailing and phoning but finally money was refunded.

    I also contacted various financial/investment advisors and they had never heard of the scheme.

    In the end I just went with the old adage, if it sounds to good to be true..it probably is.
    • Experienced Trader
    • By Experienced Trader 25th Feb 18, 6:31 PM
    • 1 Posts
    • 2 Thanks
    Experienced Trader
    Hsl
    Stay well away would be my advice - I have been using the system for 6 months and despite so called support and I am quite experienced at successfully managing my own quite large share porfolios on a daily basis I havent made a profit yet on shadow trading - why would I want to invest real money and lose it when deling in a dummy account duplicating what they recommend to buy doesnt make money - I might have lost money buying the system at a discount ( seems everyone gets a discount ) at least I havent lost money on investing in their recommended shares. Best avoided and better to save your money and follow trusted share tippers / magazines I feel
    • clubconsoles
    • By clubconsoles 3rd Mar 18, 6:10 PM
    • 42 Posts
    • 20 Thanks
    clubconsoles
    Hsl
    experienced.. I have sent you a pm!
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