You can learn to trade on financial markets independently, but there is an alternative option — purchasing ready-made training courses. However, this field is also full of scammers who sell overpriced, worthless content instead of high-quality and effective material. This TraderPro Education review is dedicated to a company offering trading education, but is it worth it, and can you trust the company?
Brief Overview
- 🖥Official Website: traderpro.education
- ✈️Contact Address: no
- 📞Customer Support: [email protected]
- 🔐Licensing and Accreditation: no
- ⏳Track Record: 2023
- 🧰Specialization: trading education
- 🤝Terms of Cooperation: $250
- 💰Additional Services: –
Traderpro.education Examination
The official website of the company is nothing serious. It’s a one-page resource built using a website builder, so no time, effort, or other resources were invested in it. At the top, you can find the main menu, but clicking on a section merely redirects the user to a specific part of the main page.
TraderPro Education only has an English version of its website, and the information provided is minimal. The main page contains instructions on how to purchase a course, the topics covered in the lessons, the types of packages available, a few testimonials, and, at the bottom, legal documents like the user agreement and refund policy, as well as a brief disclaimer.
The firm chose not to provide any information about itself. When it was founded, who the founder is, where the office and legal registration are located, and many other details are simply missing. Therefore, TraderPro Education has developed an unprofessional website, which means the company itself is unlikely to be large or reputable.
Company Contacts
The only way to contact the managers is through email. This is a slow communication method, and for some reason, online chat, which is popular and highly convenient, is absent. Additionally, TraderPro Education lacks social media profiles, where one could also find additional information and ask questions to the organization’s representatives.
Key Conditions
The first thing to note is the training packages. They are not divided by specific topics, such as technical analysis, fundamental analysis, scalping, or intraday trading. Instead, the packages are structured so that each subsequent tier includes more materials and services, but also comes with a higher price. This is not a recommended option for selecting a company for education, as such firms are often focused on extracting money from their clients.
TraderPro Education has developed five packages:
- Beginner. Priced at $250, includes an introduction to financial markets (terminology, common beginner mistakes, ECN), eBooks, and market research (glossary and economic calendar).
- Intermediate. Priced at $499, differs from the first package by offering courses on technical and fundamental analysis, including indicators.
- Trader. $999, includes tutorials on MetaTrader, advanced technical analysis (Fibonacci, patterns), more eBooks, and a knowledge test.
- Elite. $2,499, covers trading strategies, Elliott wave theory, harmonic price patterns, and additional tools such as market highlights TV, financial news, trend analysis, and others.
- VIP. $5,000, offers three months of training with a personal coach.
TraderPro Education offers refunds to students, but only within 30 days of payment and provided that no more than 50% of the materials have been accessed. If more than one month has passed, the company will only refund 30% of the package cost. However, it’s important to note that there may be no refunds at all, as the company could potentially be fraudulent.
Exposing TraderPro Education
First, this educational company provides no information about itself. It has decided that future students do not need to know where the headquarters are located, who founded the company, whether it has certificates and licenses, whether the coaches have the necessary experience and education, or how long the organization has been in existence. Such silence is a serious negative factor that cannot be ignored. An honest and reputable firm would certainly share information about itself and provide all necessary legal details.
Second, some aspects can still be discovered, such as the duration of the operation. This is possible through special services that show the domain registration date. TraderPro Education started operating very recently, specifically in April 2023. This short period of operation is not considered substantial.
Third, the founders remain anonymous. Where is the guarantee that a client will receive the materials after payment? There are no guarantees. If the company’s leadership were disclosed, with names, surnames, and links to social media profiles provided, it would be more trustworthy. There is also no information about the trainers and teachers. What if the training is conducted by people with only 1-2 years of experience in trading and investing? It’s unlikely that anyone would want to learn from such pseudo-professionals.
Fourth, there are no registration details provided. Is the company even registered as a legal entity? Essentially, TraderPro Education is just a website offering to sell educational materials for a hefty price. The organization is not registered legally anywhere. Therefore, it cannot hold any licenses or certificates that would confirm its expertise and experience.
Fifth, the documents are copied from other sources. You can check the user agreement, refund policy, and other documents using a plagiarism detection service. As a result, you can see on which sites the exact same documents are provided. TraderPro Education has many clones, so the project is not unique.
What Reviews Do Users Leave?
It is noticeable that positive reviews about TraderPro Education outweigh the negative ones, but it’s important to pay attention to their content. Almost all of the positive comments consist of just 1-2 sentences, with no evidence to back them up. This indicates that they are likely fake, written in order to promote this illegal firm’s activities.
In the negative reviews, people highlight various issues. Some mention receiving up to 10 calls a day after leaving their contact number. Others regret paying for the courses because they didn’t gain anything from them.
Conclusions
You should avoid purchasing training courses from a company that can’t even provide information about its team or show a registration address. Most likely, TraderPro Education is one of the fraudulent projects selling worthless educational materials for a high price. You risk handing over your money for nothing in return.
Pros/Cons
- Detailed training packages are disclosed.
- High price.
- No legal or registration data.
- Fake positive reviews.
- Short operating history.
I have a friend who bought training courses for $1,000 six months ago, but he never even received the materials. He simply sent money to the scammers. You know what the catch is? The official website looked exactly the same, with the same training courses – everything was identical. I remember that, but unfortunately, I don’t remember the name of that fraudulent organization. So, I strongly advise anyone considering purchasing training from TraderPro Education not to do so. You will just lose your money and receive nothing in return. The scammers are selling fake and fraudulent courses.