Algotrading is a popular method of trading in financial markets. EA Trading Academy is an educational platform that offers training in algotrading and access to trading robots. On the internet, you can find both positive and critical comments about the project. In this review, we will examine what services the company offers, how useful they are for traders, and whether this platform can be trusted.
Brief Overview
- 🖥Official Website: https://eatradingacademy.com
- ✈️Contact Address: Bulgaria
- 📞Customer Support: support@eatradingacademy.com
- 🔐Licensing and Accreditation: no
- ⏳Track Record: 2016
- 🧰Specialization: education
- 🤝Terms of Cooperation: from €100
- 💰Additional Services: trading software and robots
Eatradingacademy.com Examination
Let’s start by analyzing the company’s official website. EA Trading Academy provides a standard structure, with the main menu located at the top of the page, containing information about courses, additional services, the company, the affiliate program, results, and other options.
The company not only describes what it offers and specializes in but also provides details about its founder and employees. However, there is no legal address or founding date of the platform, which must be searched for on the internet through third-party sources.
EA Trading Academy also offers access to legal documents, such as the terms of service, privacy policy, and others. Additionally, links to social media and resources with customer reviews are available. However, the official website is available in only one language — English.
Company Contacts
In the contact section, EA Trading Academy provides an email address and links to Instagram, YouTube, and other social networks. The company has also created a separate forum for users. However, for some reason, the organization’s office address is not listed, nor is there an online chat feature, which would be convenient for quick communication with managers.
Key Conditions
Next, let’s take a look at the conditions offered to future students at EA Trading Academy. The company has developed different training formats. First, users can purchase individual training courses on specific topics: 3-week program, forex algo trading, crypto, manual, NFT, stock, and commodities. Each course is divided into several sub-courses with varying prices. All video lessons are conducted by the project’s founder, Petko Aleksandrov, except for private masterclasses led by other team members. Prices start at €100 and above.
Second, clients can purchase complete training bundles. EA Trading Academy has developed three options:
- Crypto — €790. A package of courses on algorithmic and manual cryptocurrency trading, including 99 trading robots for Bitcoin, Ethereum, and other cryptocurrencies, as well as courses on creating profitable algorithms. It also includes Price Action strategies, a course on staking and passive income in crypto, and a guide on using Binance.
- Forex — €990. Comprehensive training in algorithmic Forex trading: courses on using trading robots for different currency pairs, portfolio strategies, backtest optimization, and masterclasses on market analysis.
- All Trading Courses – €1,290. A complete package of all EA Trading Academy courses, including the two previous bundles, as well as strategies for trading Tesla, Amazon, and other stocks, NFT trading, investments in the metaverse, and cryptocurrency farming.
Exposing EA Trading Academy
The company’s founding date is not listed on the official website, so it had to be searched through third-party sources, which is inconvenient. The project was launched by Forex trader Petko Aleksandrov, and the company is legally based in Bulgaria. The foundation year is 2016, but for some reason, the domain was only registered in 2021.
Petko Aleksandrov is an experienced trader with over a decade of expertise in creating effective and revenue-generating trading strategies and Expert Advisors (EAs). The official website, eatradingacademy.com, presents a team of 8 people, including mentors and traders, the head of marketing, and video production specialists.
According to statistics on the official website, EA Trading Academy has trained over 100,000 people from 200 countries, which sounds quite impressive. The platform offers over 2,000 online lessons and 60 training courses.
What Reviews Do Users Leave?
There are not many reviews online, but the majority are positive. For example, on Trustpilot, we found 119 comments, with an average rating of 4.6. Many students mention the high-quality training, well-structured materials, and positive results they have achieved. However, there are also negative reviews where people describe their inability to make money after completing the EA Trading Academy courses.
Conclusions
The company offers a wide range of algorithmic trading courses as well as access to trading robots. However, EA Trading Academy is not suitable for everyone. Before investing in training, it is important to carefully review the program, check the available materials, and keep in mind that education does not guarantee profits. As with any educational project, success depends on the trader’s skills and ability to apply the acquired knowledge.
Pros/Cons
- The founder of the company does not hide his name.
- Lots of training materials and additional services.
- Social networking is actively pursued.
- High price for training courses.
- Few online reviews for the claimed 100,000 learners.
- The website and social media were launched much later than 2016.
Trading education did not help me. I completed the 1st crypto course and even received several bots. Among them were those that used Martingale averaging, but I immediately realized that this is a losing strategy. There were also regular bots that entered trades based on indicators, but they did not provide any profitable algorithms. I do not know how things are with other market classes, but I was unable to trade cryptocurrencies successfully. In the end, I wasted my money on ea trading academy. If you want to make money from cryptocurrency trading, these courses are not worth buying.
There are some advantages to this project: well-structured material and a thorough breakdown of every detail. I think the quality of the lessons here is better than 99% of similar educational projects. However, it is not for everyone, and it is not a magic formula that will make you a successful trader overnight. It takes time, experience, and practice. It won’t suit everyone. I found some useful things for myself, but most of the content felt generic, as if it had been taken from free resources on the internet. I have mixed feelings.
It has been a week since I purchased the full course package for €1290. So far, I do not regret spending the money. I really like it. The material is good, and some strategies are effective. I have even started using one strategy that has already shown positive results. We will see how the learning process goes from here. For now, I like EA Trading Academy, but the price is indeed high. I wish it were cheaper.