Income On Demand – Scam or The Ultimate Retirement Loophole?

Unlimited stock market payouts sounds pretty good, doesn’t it?

Apparently, the Income On Demand system helps you make quick and easy money trading the market. Even complete beginners are crushing it with this system.

Or are they? Since you’re reading this, chances are you’re skeptical. Well done. It always pays to do your homework before buying into something like this.

Read on to see if Income On Demand is a scam or real “money making loophole”…

The Ultimate Retirement Loophole- It’s Just a Sales Pitch

The Ultimate Retirement Loophole website funnels people into Income on Demand. Apparently, the person writing the sales letter is Nate Rifkin, a former Agora Financial employee. The story goes he confronted his boss “Joe” about a “money making loophole” that can quickly and easily bank $1,500 per month.

Doing practically nothing but pushing a few buttons…

He then shows us ‘video proof’ of trades taking place using the supposed loophole. One such video shows Nate making $526.43 in under 3 minutes…

Income On Demand Video

From a marketing perspective, the sales material is quite clever. It is written in such a way that the unsuspecting person would believe it, which is precisely who they are targeting.

Don’t get me wrong, there’s no doubt you can make considerable money trading, and quickly. But trading carries risk. So just as quickly as you can make money, you can lose it.

Still, this system claims to be a secret “loophole” that operates “outside the normal rules of the stock market”. They even claim to have a 98.4% success rate.

Sounds nice. But no ‘trading system’ on the planet can give you that kind of success ratio. This is marketing hype, nothing more.

Safe to say I am quite sceptical at this point, as I’m sure you are too if you’re here reading this. Anyways, let’s dig a little deeper to see what the underlying system is all about…

What Is Income On Demand?

Income On Demand is a short video training that explains the ‘loophole’ trading system, and weekly trading tips sent to you via email. The cost is $1,500 per year and it’s sold by Argo Financial LLC. The person who delivers the training is one of their editors,  named Zachary Scheidt.

The general idea is to follow Zachary’s advice each week. And in doing so, you hope to make consistent profits selling put options.

Apparently, Zachary Scheidt is a respected financial analyst and editor of several other Argo Financial newsletters. Here’s a list of the subscriptions Zachary is currently responsible for…

  • Lifetime Income Report ($99 per year)
  • Income On Demand ($1,500 per year)
  • Contract Income Alert ($3,000 per year)
  • Family Wealth Circle ($7,500 one time and also includes the above products)

These are all “investment advisories” sold on the Argo Financial website. These prices are certainly high, but I guess how worthwhile the subscriptions are really depends on how useful the information is. More importantly, it would depend on whether or not the strategy actually works.

How Does The Income On Demand Strategy Work?

The sales page does a good job of hyping the Income On Demand system up, and making it sound super simple. But it only vaguely explains how the system actually works.

I mean, fair enough if they want to protect their secrets. But a general explanation of what the program is about and how it works would help people make a more informed decision.

Here’s how the “Ultimate Retirement Loophole” website explains it…

This is not simply trading options like you may have heard about before. You are exploiting a “loophole” that occurs in the options market because of all the greedy traders

So with that vague information, we know that it has to do with options trading. Big deal. I did some more digging though, and found that the Argo Financial website elaborates…

Instead of paying money to buy options, you’ll make money by selling them!

So from this, we can conclude that it’s about selling put options.

But I kept on digging to see what else I could find. After reading the comments on and comments on other sites, I was able to determine what this is about.

Income On Demand is about selling naked put options.

This is a form of trading whereby you do not own the underlying stock you are trading.

How do naked put options work?

In short, if the underlying stock price increases during your trade, you make money. If the underlying stock price decreases during your trade, you must buy the underlying stock. The real risk comes in if the underlying stock price takes a big nose dive.

I found this video which explains the basics…

There is definitely profit to be made with this method of trading, but there is also a significant amount of risk involved. According to…

Trading naked options can be attractive when considering the number of potential winning trades versus losing trades. However, do not be taken in by the lure of easy money, because there is no such thing. There is a tremendous amount of risk exposure when trading in this manner, and the risk often outweighs the reward.

Clearly, this is an advanced trading strategy, and there is significant risk involved. Which is contrary to what the sales pages says.

You also need a considerable amount of capital, the amount recommended is at least $20k. Anything less it seems, will not get you the kind of returns boasted about in the sales pitch.

To the companies credit, they fully disclose this on the sales page…

Zachary recommends having at least $20,000 in capital to start using this “loophole” so you can get the most benefit from his recommendations.

I’ve got to give them a thumbs up for that since they are being transparent in this respect.

Can They Really Guarantee You’ll Make Money? Nope.

The Ultimate Retirement Loophole website guarantees you can make at least $1,500 or more per month, or you will get your money back.

One Thousand Five Hundred Dollar Guarantee

Interestingly, the Income On Demand website says they guarantee you’ll make $1,000…

One Thousand Dollar Guarantee

Not sure why there is such a big difference there. They are essentially contradicting themselves as to how much they guarantee you’ll make.

In any case, you have a full 60 days to try it out before obtaining a refund which is actually pretty cool.

Except they do keep 10% of the purchase price ($150) to “keep out the deadbeats”. Which means either way this program is going to cost you $150.

Regardless of the amount though, no one can guarantee you will make money. Regardless of the system and what income strategy it is. Period. They even admit this themselves….

Scam Claims

So it is cool they have this guarantee in place, for sure. But it’ll still cost you $150 best case. Not to mention, you are trading using your own brokerage account, which means if you lose money, too bad. There are no guarantees there, where it actually counts.

No one will care if you lose $10,000’s following their ‘advice’. That’s on you.

Fake Scarcity, The Oldest Trick In The Book…

One common theme across all of Argo Financial’s products, is the use of fake scarcity.

Here’s the countdown timer they use on the order page…

Purchase Timer

They repeatedly state that ‘spots are limited’ and when you land on the order page, you’ve only got 15 minutes to buy before “it’s too late”.

This is absolute BS. Plain and simple.

I see a LOT of this among scam websites which is how I know it’s fake most of the time. It’s very common and it’s downright misleading.

Don’t get me wrong, scarcity can be used ethically by marketers- as long as it’s real. As in, if spots really are limited or there really is a time limit.

But in this case, it’s fake. All you need to do is refresh the page and the timer resets…

Income On Demand Fake Scarcity

If the program really is that great- why do they need to stoop to this level?

Income On Demand Reviews and Complaints

When I first started researching this product, I was amazed at the sheer number of complaints against the actual company itself- Argo Financial LLC.

There are literally hundreds of negative reviews and complaints between the BBB website and Pissed Consumer alone. Which is staggering considering that’s just two websites.

In the interests of keeping this review objective, I’m only going to focus on reviews about Income On Demand itself. The feedback I found for IOD was mixed, but mostly negative.

It seems people are getting the training and weekly emails as promised, so it’s not a scam in that sense. But some seem to feel misled about what they thought they were buying, and what they actually received. And that they information is second rate. As you would expect, there are also people saying the opposite.

Here’s a negative review to show you what I mean….

Negative Review Income On Demand

Now here’s a positive review from someone who loves it…

Positive Review Income On Demand

So some people say it’s awesome, some say it’s a scam. This is precisely why it’s worth reading as many reviews as you can, so you can form a more objective opinion and decide for yourself.

This is another reason why fake scarcity annoys me- it means they don’t want you doing your homework. So it’s always a red flag.

The Verdict- Is Income on Demand a Scam?

I cannot rightfully call Income On Demand a scam, since I decided not to buy it myself. From what I have seen though, I’m not convinced it’s as amazing as the marketing suggests.

It is possible to make considerable amounts of money trading selling options. And if the information is solid and leads you to make a considerable income trading this way, then by all means it would be worth it.

However, if the information is rubbish, you are throwing money away. Worse, you could be throwing away huge amounts of trading capital by following their bad advice. Considering the minimum recommended capital to trade with is $20k… the losses could be huge.

Either way, trading IS risky. That doesn’t change just because someone (who’s trying to sell you something) says otherwise. Buy at your own risk, but I recommend proceeding with extreme caution.

Feel free to share your thoughts about Income On Demand in the comments below…

16 thoughts on “Income On Demand – Scam or The Ultimate Retirement Loophole?”

  1. Sadly I purchased this “system” and followed it for 2 years. Many of the trades are profitable for a few hundred dollars, BUT there are also trades where the underlying stock goes down. Zach responds to those by recommending you double up on the underlying stock. Eventually when the writing seems to be on the wall that the trade is a bust he recommends you sell the stock at a loss to cut losses. The bottom line is that these losses easily wipe out all of the gain from the other trades. I have had one such loss in the two years and I have 2 others that are underwater to the degree that I am sure they will end up as losers. I started with $220K which was up to about $240k at one point but is now at $206k. I called to express my disappointment and they offered to switch me to another of there newsletters, but my now more thorough research indicates they are all poor. Now they seem to have cancelled my subscription altogether. I feel gullible and used.

  2. I spent 20 minutes posting a comment but it didn’t even show up. Darned if I’ll do that again.

    • That sucks, not sure what went wrong there. If you want to try again, my advice would be to write it down on a notepad first, then copy and paste it into the comment box here, so worst case you can try again if it doesn’t work, or send it through this contact form and I can manually post it for you.

      Hope this helps.

  3. Don’t know what all the fuss is! I have income on demand and I have made about 15 trades no losses!!! NONE. I find Zachs system to be very good! Only 2 trades have been put to me, all you have to do is sell calls with your stock and make more income!! I have found Zachs picks to be spot on!! Highly recommend this service. I do not have any ties to this company and in no way am I being rewarded by Zach or Agora at all

  4. I lost a total of $1, 450.00 in three different deductions from my checking account. I had called them before the first deduction and told them I was having health issues and could not work the program as they suggested. My husband balances the check book and did not alert me to the deductiom\ns which they didnot stop as requested. I was able tostop the deductions after the last deduction of $425.00′
    When I called them I ws to late to request a refund. What can I do to get my money back?

    • Sorry to hear about this Mary. If the company won’t play ball, you might consider lodging an official complaint on the BBB website. Typically, most legitimate companies do not like the bad press, so they will generally respond favourably in this instance. Also, failing this, you may also consider contacting the FTC if you feel you have been wronged by the company.

      Hope this helps and all the best getting your money back.

  5. I just listened to their ‘live’ broadcast which I believe was not. First of all, the thing that hooked me was this portion of ‘The Daily Edge’ newsletter:
    “….. And on Wednesday, investors will finally get information on the Fed’s point of view as they’re scheduled to release the minutes from the late January meeting. This will shed more light on the “hawkish” tone in their statement immediately following the January 30-31 meeting and their thoughts about the rising rate of inflation. Look for these minutes to be released at 2 p.m. Eastern sharp.”

    Instead of minuted related to regarding rates and inflation, it was apparent within 15 minutes that it was a sales pitch. I was trying to be patient but then I began to get annoyed. They’d say things like “we want to give you these recommendations before the market closes..” Fact: the market had already closed.

    Also, they did mention the recommended min $20K starting amount but it was not emphasized. If so, then the people they showed examples of likely did not have $20K nor would be likely be approved by a brokerage firm.

    Towards the end, they kept emphasizing how easy it was and that you did NOT have to have experience. He said he even taught a 10 year-old how to do his own trades. Would a 10-yr old be able to open a brokerage account? I don’t think so and not without a custodian. Yes, a child will know how to press buttons but the way it is presented is misleading.

    They are clearly marketing to the unaware newb investor.

    • Yeah I couldn’t agree more about the marketing. Even if the underlying program is legit, the marketing is so obviously scammy it’s not funny. They are doing a good job of ruining their reputation at best, all just to make the ‘quick sale’ from unsuspecting people. Not cool at all.

      Anyways, thanks for sharing your experience Adriana, I (and I’m sure many others) appreciate it. Cheers

  6. was also interested as it was associated to James Altucher.
    thank you for your review.
    i was scammed before by Titantrade (binary trading) because of their excellent marketing and i must admit more than excellent ‘con brokers’ ! – i made thousands and when i requested a payout the correspondence stopped. 🙁
    i have learnt through that experience to read reviews.
    Thanx again – you saved me this time.

    what is your opinion about James? i thought he was honest. very disappointed after this.


    • Glad you found the review helpful Sophia and thanks for reaching out.

      Absolutely, it always pays to do your homework when it comes to this sort of thing. Unfortunately, there are many low quality/ outright scam programs out there and it’s difficult to know if something is legit just by going off the sales page. In this case, there may be some value in the underlying program, but the way it’s marketed is misleading in my opinion. They are essentially playing on a persons desire for ‘push button riches’ which is never good.

      Whether you want to learn how to trade the market or build an online business, I always recommend avoiding anything that promises you quick and easy money. You really want to look for programs that teach you real skills. Skills you can build upon to become successful. This is always better than buying into some ‘secret loophole’ BS that never works.

      Anyways, thank you for commenting Sophia, and I wish you the best moving forward. Cheers

  7. I bought income on demand, mainly for two reasons: the email about it came via their association with James altucher, who i have followed for years and 2: because the offer came with a free chromebook (which i figured i could use to recoup some $$)

    If it wasnt for this being tied to james, i wouldnt have touched it

    also, for me, 2k a month is a life-changing amount of money.

    sadly, thre was no warning about needing at least 20k and, after reading all the materials, i sadly realised that there;s no way i can make this work with so little. i’ve never traded before and was attracted by the newb bait

    i took a massive bite out of what little money and, quite frankly, im ashamed of myself for it.

    Most likley the tips arent bad, but the opacity in the marketing is the real issue.

    • Thanks for sharing your experience Dan, much appreciated.

      I agree that the marketing is not ethical. It’s based on the typical hype I see among most scams, with little explanation of what the true underlying product is about and how it works.

      I’ve seen many people say they weren’t aware of the 20k which makes me wonder if this is something they slipped into the sales material after the complaints started rolling in. Either way, it’s certainly not emphasised to anywhere near the extent it should be. Especially considering the fact that having at least 20k is critical to making this work.

      All the best and thanks for dropping by. Cheers


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