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Traders Academy Club Review: Is this a Scam?

Traders Academy Club Review: Is this a Scam?

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We are reviewing a Forex trading and mentoring website called The Traders Academy Club. This is a Forex educational service with live trading webinars, signals, guest traders, daily market analytics, videos, downloads and trading career opportunities which has existed for quite some time now. We thought it is appropriate to do a quick review on the same in order to help traders make up their minds in case they were thinking of joining the trading school at tradersacademyclub.com. It’s an all encompassing product that goes for $197 per year, and looks to help turn regular community members into real traders.

Owned and operated by Vladimir Ribakov, this long time trader has been a very active guru in the Forex marketplace for over 11 years. He is behind many different projects including Vladimir Forex Signals, my Forex club, SRS Trend Rider, Forex Triple B and Forex Crystalball. His company is located in Sofia, Bulgaria, and support can be contacted via [email protected] In the meantime, if you came here as a result of trying to find a genuine or legit trading solution that can help you gain consistently, this page has the right resources for you. Visit it and pick any of the products there.

Traders Academy Club review

The reason the Traders Academy Club spreads its focus over many different areas of Forex understanding, is because Vladimir wants his product to be “a one-stop shop for all of your trading needs.” The most popular aspect of the offering, is the live trading webinars that occur on a daily basis providing traders with Forex signals, and detailed analysis. The live trading sessions span 30 to 50 minutes, and breakdown the mechanics behind every single trade that they recommended during that time. Obviously, you want to be available during the webinar in order to take advantage of the trading opportunities, but if you miss it, you can still go into their media zone and review the data afterwards. The live webinars take place during European and American time zones exclusively, which makes the service inaccessible to traders in the Asian session at this point in time.

The Education experience

Vladimir Ribakov explains that the Traders Academy Club education center has thousands of trading videos, guides and tools for every level of trader. The website specifically states that “if you are completely new to the Forex market, we have everything you need to hit the ground running.” For experienced traders, the team has included hundreds of detailed reports that provide sample trades and explanations to help traders better identify trade setups.

In terms of strategy, the education is focused on technical analysis patterns.

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The live trading webinars

Every weekday, Vladimir and his team conduct 1 live trading room session, 30 to 50 minute each, where trade recommendations and the mechanics behind each and every trade are explained. So you’re not just getting “buy” and “sell” directions, you’re learning the analysis behind the signals so you can eventually master the markets on your own. The two live sessions are held during European and American time zones.

Guest Traders at Traders Academy Club

This site occasionally hosts Guest traders, some of whom are independent traders not related to the club, and some are veteran club students from the early days of the service who have succeeded to become profitable traders, are also an integral part of the club. They will share from their priceless knowledge by participating in the Live Trade Room sessions, in special webinars and will publish their own trading ideas and strategies.

Traders Academy Club Services

There is a section of the website that is labeled service. This section claims that Vladimir and other guest traders will demonstrate the best way to utilize his algorithmic trading programs: Forex Triple B 2.0, SRS TrendRider 2.0, Forex CrystalBall and Du Trading.

Vladimir goes on to explain that each of these Forex trading programs consistently scans the market for profitable trading opportunities. There doesn’t seem to be any explanation as to whether or not this collection of Forex software comes with the membership or not. Considering the Forex Triple B software goes for a one time payment of $297, I am leaning to the thought that these products will need to be purchased additionally. It would be good to see this information cleared up, because at the current price point of $197 per year the Traders Academy Club is quite affordable. Yet, if you are required to purchase 3 or 4 different systems at around $300 per copy in addition, then the affordability certainly comes into question.

Trading Results

Despite a breadth of knowledge, and quite a few trade examples, the Traders Academy Club doesn’t provide verified trading results. On top of the trade examples, the group also provides screenshots of trading statements from their clients, but they are missing a Myfxbook account.

In most cases, this is extremely detrimental, but with the large amount of information being provided by Vladimir and his team, I find it difficult to chastise the service completely.

It’s my recommendation that they provide some sort of verified trading results in the future in order to increase their level of transparency.

User Reviews

The client feedback for the Traders Academy Club is very positive. The website contains screenshots from Skype, emails, Facebook, their internal system and their FPA rating is 4.7 stars with 86 reviews.

Honestly, I don’t know how they have such incredible feedback, because most Forex products have competitors in fake reviews popping up left right and center in order to ruin reputations. Generally, anything around 3 stars is pretty solid in my eyes when it comes to FPA, so I’m certainly impressed by this 4.7. Here is the most recent review:

Our best advice for you

For $197 per year, the Traders Academy Club provides a fully formed Forex service by a trader that has been serving the marketplace for a very long time. My preference is always automated trading, so this isn’t exactly for me, but for traders that are looking for a manual trading approach, that want to learn the markets, we think that this is worth a flyer.In the meantime, we still believe these products win hands down.

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