Online Trading Academy Review: Is Tradingacademy.com Worthy?
The Online Trading Academy is one of the most sort out after forex educational course provider. Users get the chance to learn about forex, futures, options, and stocks. With a proven background, we have decided to take a look at this platform. Even though the platform is highly rated, there are other educational materials for it. In today’s trading world, every broker and vendor will have an educational page for clients. Please get to know more about this educational course provider in our OTA review.
About Online Trading Academy
Once you land on their homepage, you will realize that this is a legit website. Even the design tells you that you are in the right place. The homepage design is aesthetically pleasing and has all the relative information. What most people don’t know is that the platform has offered learning services for over 23 years. And this goes to show the level of commitment the platform offers. Most online traders go to the trading academy as a means to become experts in the trading field.
Others choose to have automated robots to help them learn about online trading. With today’s advancement in technology, forex trading robots are not just tools of trading. These robots have become a source of learning as they offer updated and well-researched trading materials. Smart investors don’t have to learn via classes; these robots help them. As they learn how to trade, they also trade with the very same robots. Make sure to test out the best robots in the industry that offer both learning and trading services.
Online Trading Academy is a platform that offers newbies a chance to get acquainted with online trading. The classes are available during Eastern Time and can be adjusted to fit your schedule. We know of traders who have built their trading confidence and skills thanks to this platform. And that’s what trading is all about, learning the skills and having the audacity to make wise decisions.
Awards and global recognition
What the platform is known for is gaining global recognition for its outstanding services. The platform has been certified as a B-Corp, which means it’s a force for good. By contributing to sustainability and social-environmental benefits, the company gets recognized. Other awards under their belt include excellence in quality education and service to the community. We also see a barrage of other awards to follow in the future due to the rising new users. After all, trading is a way of making extra income even for those with full-time jobs.
Breakdown of the available courses
The Online Trading Academy is located in the United States. To start traders off, the platform offers free online trading classes. These classes are meant to give a brief introduction to the trading course. There have been over half a million users who have undergone the free classes. It goes to show the skills the platform offers for trading. These experts make time to offer free learning classes to anyone interested. One has to make time and enjoy the classes for free.
What this shows is a relentless commitment to offer trading courses to help investors. Gone are the days where trading was only preserved for traders in NYSE. Today’s world is giving investors a chance to trade on the go. Traders are now using smartphones to make passive income with each coming day. And this is the reason why we have to love the use of technology in trading. You don’t need to have prior trading knowledge as some robots automate the process.
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Comments from users
When it comes to a popularity contest, the trading course provider takes it home. With a score of 4.72 out of five, the platform has over 190,000 views and counting. Some of the comments can be retrieved on their homepage as current students hail the program. Most claim the platform does a fantastic job in taking students through a step by step process. Remember that all these courses come with a free introductory class. It’s an orientation of some kind, which is a welcome break from direct classes.
Domain credentials
As part of ensuring we know the history of a website, we rely on domain checker tools. And the tools don’t lie as they give us the entire online activity of the website. According to information retrieved from whois.net, the website went live on 9th December 1998. The website has a 22-year online presence, which goes to show their commitment to the course. These updates help protect users from any challenges during the learning process.
Learning tools
To know more about trading and become a better trader, there are tools to use. Some of the available tools include a forex calculator and a financial education center. Calculators help users learn more about credit card and debit card management. There are also investment calculators that traders must learn how to use. The financial, educational center helps learners know more about investing and trading basics. Once you master using these tools, you increase your trading skills.
Features of Online Trading Academy
Some of the notable features we must state include having a professional staff. The team is well versatile in online trading and offers the best teachers. Students learn how to manage risks and to be able to navigate volatile markets. You will also learn the common mistakes investors make and how to avoid them. Other learning curves include how to time the market by letting the price come to you. Financial learning ropes like buying at wholesale and selling at retails will also be on the table.
Pros and Cons of Online Trading Academy
Available Price
Online Trading Academy is not cheap as the courses go for around $5,000 and $20,000 depending on the course. And this is where the newbie traders must make an informed decision. Instead of paying such a huge amount, there are other options available. Learning as you trade is the best form of trading as online traders go to the trading academy. Ask any expert, and they will choose learning and trading over a three-month over-priced trading course. The best option is to get forex trading robots that help you learn how to trade.
Contact page
The platform does not have a live chat, which is weird. It’s a bit shocking to imagine that such a platform does not offer live chat support. The disclaimer at the footer of their homepage has a contact page. On their contact page, there is no email address, which is another weird feature. What they do have is technical assistance for members only. You can make a call and receive technical support. The phone avenue is not helpful, especially for non-native learners.
Scathing complaints regarding Online Trading Academy
We have also come across several complaints from users who feel that the platform is a hoax. Most of them are complaining of transparency issues. After making payments, the customer relationship manager seems to shut them out. There is no way of showing evidence of any misconduct on their side. And this is where we insist that traders should be extra careful with such a platform.
Scam or legit Online Trading Academy
As days went by, more and more complaints were lodged against the platform. Online Trading Academy is not forced to shut down by the FCT. The platform is now changing its name to FXStreet and now offers webinars instead of learning courses. It could be that the platform was a long term scam in the making. We feel sorry for the aggrieved parties who had to endure problems with the platform.
Our verdict
Please stay away from these online classes that change their sites with each coming day.
Make a better decision and learn how to trade as you use forex robots. Go for forex robots that offer a better and more vivid way of trading. It is what today’s trader is using to move from novice to an expert trader.
We wish everyone a happy and prosperous trading experience.