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Online Trading Academy (www.tradingacademy.com)


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Online Trading Academy (www.tradingacademy.com)

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  #1 (permalink)
 kwak76 
New York City , NY , USA
 
Experience: Beginner
Platform: Thinkor swim
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I just took a orientation with online trading academy . This is there web-site Learn to trade and invest at a local campus | Online Trading Academy.

The orientation is 3 hours long. I think it's geared towards newbies. In the orientation you don't really learn anything except it seems more like a infomercial about the company.

I ask them what type of methodology do they use for trading but they don't really go into that and you learn more about that in the actual classes which you can take. They have stage 1 class which is a 3 days class for only $199.00 which sounds like a bargain to me but also a stage 2 class which is 7 days which is about $1000 per day which sounds outrageous to me.

In the stage 2 class is where they really learn chart patterns. And in the final 4 days of the 7 days stage 2 class you trade live using the companies money.


During break a sales person spoke to me since I was the only one in the class that did not sign up for the stage 1 class. I ask them when do they learn chart patterns . The sales person said stage 2 . I ask them what do you learn in stage 1. In stage 1 for $199.00 they learn some general stuff that I'm guessing you can learn on your own.


Anyway...wondering if others actually took classes with them.

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  #3 (permalink)
 Randy Buster 
Hurst, Texas USA
 
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I am going to the orientation class this morning. Thanks for posting this. I am pretty sure I will not see a big value in their offer ... like you.

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  #4 (permalink)
 djarvis 
Houston, Texas
 
Experience: Intermediate
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kiwak76,

I've been thru 5 weeks of classes, Stocks, Futures, Options, and Forex with OTA. Each are 5 to 7 days long. My first set of courses cost me $13K which was special deal for people taking classes in Texas 4 years ago. One nice thing about about OTA is that they allow you a free lifetime retake option for any class. I retaken each class twice.

BELIEVE ME, OTA doesn't sell anything for $199. They are primo expensive and now have 8 to 9 different courses where you can easily spend 30K. You generally can, space available, have your spouse also take the course with you in a listen only mode. Each paying student has their own trading terminal and manual. The spouse sits along side of the paying student.

The OTA office is Houston is a very nice facility as it should be for the price one pays. They do also offer a 2 - 3 days per week online mentoring and trading webinar that costs extras(Named XLT's). They also have a pretty fancy website with stock and options picks of the day.

Most of the instructors, I guess over 75ish, are generally exceptional.

From my experience, having NEVER bought or sold a stock, KNOWING NOTHING about trading, it was worth the money. However, the price sticker IS NOT CHEAP. I would estimate that getting 5 to 6 different classes with XLTs will be a 25-30K expenditure.

I believe OTA's offers excellent market training but NOT NECESSARILY specific trading techniques. I.E. - they do not sell proprietary indicators, strategies, but they do offer mentoring. They are BIG into Support / Resistance. They also like Tradestation which will be the platform you will use in class. With the class comes a CD with LOTS of tradestation setups and workspaces. You should upon finishing a class have a pretty good understanding of the tradestation trading platform.

OTA's best foot forward is giving a complete newbie a fairly rapid understanding of the various trading markets and how to avoid many of the pitfalls of the market.

You will pay the price one way or the other. You can pay for education or get education through REAL losses in trading foolishly.

I know most of the companies that sell some sort of indicator generally assume you have a good working knowledge of trading and are there to take you a the second level.

For example, I use a company called EOTPro, EOTPRO - Advanced Trading Software, which offers 50ish proprietary indicators, has 4 or 5 strategies, and a 4 days per week, 5 hours per day training webinare for ONLY $233 per month. Indicators are leased and expire when you terminate your monthly fee. For $300 per month, I lease my own dedicated Xeon class server in Chicago in the CME Equiox datacenter building. My trading round trip times to the CME are in the 3 to 5 ms range. For HFT trading, they offer a shared server in the Aurora building (the newest of the CME datacenters) with round trip times of 50 to 100 microseconds instead of the 3 to 5 milliseconds round trip times in the Equinox. Compare that to my local times in Houston of 50 to 75 milliseconds.

However, EOTPro, assumes you know how to trade and you will use Ninjatrader as your trading platform most likely.

BTW, I am NOT advocating either of the two companies, DO NOT get any kickbacks, etc. Just my trading education experience. It really doesn't matter which way you pay the Piper, educational training or the world of hard knocks, the FACT is that YOU WILL PAY THE PIPER. The question is after spending your initial 20 to 30K, what do you have left to show for it. Is real trading experience better than formal education. I'm not sure but depending on your personality, your mileage will vary as they say.

THIS I DO KNOW! TRADING TAKES MONEY and LOTS OF IT. It doesn't typically happen for $100 or $1000 or even $10000. The market is VERY EFFICIENT at removing money from your bank account into theirs!

I wish the best of success. If you have specific questions about OTA, feel free to private message me and we can talk offline. You too Randy.

Don

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  #5 (permalink)
 olive 
Va Beach VA
 
Experience: Intermediate
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I attended one of their seminars at a hotel. As you are presented their methodology through power point, each attendee is taken away for a private conference and asked if you would like to join. I told the person I was not financially able because this was in the 9000. range for only part of their program. If you wanted everything they offered, it was around 15,000. They start applying the pressure. Sign today and we will give you this much off. We will even throw in a scholarship. They got my price down to 6000. Unfortunately, I buckled under the pressure. I don't blame them for that. That was my stupidity. They are good sales people. The methodology is buying at support and vice versa. If you are new to trading and you spend (invest) 6000. and actually come away with a methodology that has been PROVEN to make money, you did ok. Do your home work before signing up with these people or anybody else. If there is hype and excitement from the trading mentor/vendor you are condidering, walk away. Consider this post as part of your research into Online Trading Academy.

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  #6 (permalink)
 jamiecassar 
Rochester MN
 
Experience: Beginner
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I have a 2 DVD set from these guys (amazon or ebay $200-$250) I'm on #6 I didn't know anything about their courses not sure if the information is outdated or not (or if it matters that much), the graphic screens say copyright 2001, but I think they are a bit later than this. It does show it's age when they use the internet, seems a little dated. I haven't learned any strategies at all, but more or less a basic understanding of how the market all works, and terms etc. I can't imagine paying thousands of dollars. I'm very new so it's all new to me, at this point I guess any information is good information.

edit: I'm about to start DVD 8 right now, but I've gotten way more out of an elite membership sofar than anything on the dvd set.

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  #7 (permalink)
 suko 
Kyoto, Japan
 
Experience: Intermediate
Platform: TW TOS LiveVol
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There's whole set of these on Youtube, I think from 2003, instructor Mike McMahon.

Trading School - Class 01 - Introduction, Philosophy and Background - YouTube

McMahon has a lot of insights that are useful for the beginner. For instance, in segment 13, on short selling, he states that he made more money short selling during the dotcom bull market than from being long. Well, that is sort of counter intuitive to the beginner.

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  #8 (permalink)
 stewk2 
Phoenix, AZ
 
Experience: Intermediate
Platform: TradeStation
Trading: Currency Futures & Oil
 
Posts: 3 since Feb 2014
Thanks: 14 given, 2 received

I completed the Pro Trader and Futures classes at Online Trading Academy. For the most part, I have nothing bad to say about any of it; I learned quite a bit and found the instructor that I had for both classes quite entertaining and educational. I had been trading stocks for about a year before making my decision to give them a try and quickly realized I had been doing it all wrong before.

As one previous poster mentioned, it can get expensive...the sky is the limit on classes you can take and money you can spend.

I do find value in the Pro Picks, though; these are daily/swing/longterm trades that their worldwide instructors post in an open forum type setting - VERY high success rate.

Just my two cents,

Korey

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  #9 (permalink)
 tturner86 
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Portland, Oregon
 
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suko View Post
There's whole set of these on Youtube, I think from 2003, instructor Mike McMahon.

Trading School - Class 01 - Introduction, Philosophy and Background - YouTube

McMahon has a lot of insights that are useful for the beginner. For instance, in segment 13, on short selling, he states that he made more money short selling during the dotcom bull market than from being long. Well, that is sort of counter intuitive to the beginner.

I actually watched all 20+ hours of that. Really gives you a foundation of how trading, and the markets work. I would recommend watching the videos. But I wouldnt give them a dime.

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  #10 (permalink)
 suko 
Kyoto, Japan
 
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tturner86 View Post
I actually watched all 20+ hours of that. Really gives you a foundation of how trading, and the markets work. I would recommend watching the videos. But I wouldnt give them a dime.

Yep. It really is good stuff. I learned so much from watching it. Need to go back and watch it again. Mike draws the curtain back and reveals how veteran traders think.

They have a really good podcast, on Youtube, too.

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  #11 (permalink)
 tturner86 
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suko View Post
Yep. It really is good stuff. I learned so much from watching it. Need to go back and watch it again. Mike draws the curtain back and reveals how veteran traders think.

They have a really good podcast, on Youtube, too.

I trade futures, so it was an eye opener to the world of stock trading.

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  #12 (permalink)
 suko 
Kyoto, Japan
 
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tturner86 View Post
I trade futures, so it was an eye opener to the world of stock trading.

My takeaway was that to a trader the instrument or market shouldn't matter, as long as you've got some volatility you're in business...

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  #13 (permalink)
 tturner86 
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suko View Post
My takeaway was that to a trader the instrument or market shouldn't matter, as long as you've got some volatility you're in business...

I agree, but they went into a lot of detail about how the order process works for stocks. I did not know this before, so it was really interesting.

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  #14 (permalink)
 forgiven 
Fletcher NC
 
Experience: Intermediate
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i took there 5000.00 classes when i started trading 7 years ago... you get may be 100.00 worth of education..they will also start you off on trade station... you will not like there brokerage arm.... platform good ... broker bad ...all that platform emershion time will be a total waste ..there advanced xlt program for 10,000 is not much better ... i missed that bullet but some of my class mates did not. ask for help for good educators on this forum.. or watch all the webnars... giving them your money is like flushing down the tolet. it was for me anyway

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  #15 (permalink)
 bd92154 
San Diego
 
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I just attended the "Market Timing" three day class given by the Online Trading Academy 8 and 9 November 2014. I skipped day one 7 November 2014 because it was Friday and I figured mother market is a better teacher, plus I didn't really want to attend at all as a friend wanted me to go to the class with him and his son and had paid for it. In some ways I had hoped they wouldn't like it so I didn't have to go Saturday and Sunday. From the start though I committed to only attending Saturday and Sunday.

I am attaching a copy of my brochure of the course brief that I was able to chase down. Going to do this like an Amazon review.

Pros:
* Breakfast and Lunch were served daily.
* You really learn a lot about Online Trading Academy and some of their methodologies.
* It was FREE as my friend paid for it.
* Gave me time to finish my Trend Trading for Dummies Book while I sat in back of the room trying not to cause waves.
* Definitely eye opener as to the error of holding corporate mutual funds, but I still don't know if I will be shedding mine in the near future.
* You also get a great big spiral bound book with both the Market Timing material and some information on upper level classes all the way up to Mastery.

Cons:
* Issue of true Market Timing was skirted over at best.
* Whole three days was mostly a high pressured sales presentation with life insurance tactics applied.
* Homework that was given was simply used as fuel for the fire of the sales presentation under the guise of we want to see where you are at in your trading by filing out an Income and Wealth Planner. (Believe me there was no planning done for wealth.)
* Could not give a definitive answer as to exactly how many hours on site and how many hours watching canned videos would be required for each course. (This is something that could be put on a spread sheet so a busy employed student could figure our what his obligation outside of financial is.)
* Oh financial obligation, if you paid during the course for the entire Mastery program it was a total of $50,000

Some quick math with the number of people in the room was about 17,000 they would make if not one person signed up as they charged for this three day infomercial, oh and if they did sign up everyone in the room they would make between $1,000,000.00 and 1,200,000.00. Not bad for three days work. (Two can attend for the price of one, I already adjusted for couples in the class.)

Plenty of people signed up. The carrot was put out there. I passed as I don't want trade in a trading room or switch broker or platforms at this stage in my trading development, plus for 50K I think I could get much more bang for my $$$ elsewhere.

Speaking of information and training elsewhere @suko @tturner86 the YouTube Links given in this thread no longer work. Did you make copies, or do you have any other links?

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Online Trading Academy (www.tradingacademy.com)-pamphlet.pdf  
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  #16 (permalink)
 Big Mike 
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@bd92154 @forgiven and @stewk2

Any updates regarding your experience with Online Trading Academy?

I've seen a recent uptick in the number of people searching for reviews for this vendor.

Mike

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  #17 (permalink)
 forgiven 
Fletcher NC
 
Experience: Intermediate
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Big Mike View Post
@bd92154 @forgiven and @stewk2

Any updates regarding your experience with Online Trading Academy?

I've seen a recent uptick in the number of people searching for reviews for this vendor.

Mike

they target new traders for the most part with a flier like the other poster referenced. you are brought in for a on sight 60 to 90 min. sales pitch on how easy trading is. they pulled me on in. that is where i started. there education program is a 3 step process pro trading 1 and 2 . then the XLT program. they have programs on stocks, futures, FX, opions . the pro trading programs are done on sight for a week at cost of 5000.00. you learn the different kinds of charts,indicators,candle and chart patterns , how to draw trend lines an channels, A B C stuff, and how to use tradestation . after you complete it , they brake the bad news to you . it takes years to learn how to trade . you need to move on to the XLT program at a cost of 7500 to 10,000. i took pro 1 an 2 and some one gave me the XLT program 4 years later. the pro 1 and 2 was a waste. the XLT IS MUCH better. Sam Seiden is there best XLT instructor. he also does work for FX street. go to u-tube and look at his veto on how to improve the odds. that will give you a flavor for what is in there advanced XLT program.

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  #18 (permalink)
 bd92154 
San Diego
 
Experience: Intermediate
Platform: NinjaTrader/Think or Swim
Broker: TDA/Interactive Brokers/ Data Feed TDA & IBK ( Dropped Kinetick)
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Big Mike View Post
@bd92154 @forgiven and @stewk2

Any updates regarding your experience with Online Trading Academy?

I've seen a recent uptick in the number of people searching for reviews for this vendor.

Mike

Okay I guess there is one update to add to my OTA review. If you do go to OTA for one of their courses you will forever then be on their junk mailing list.

With all their training it still appears that they are heavily pimping their trading rooms. Oh I forgot to mention I did purchase on eBay one of their Advanced Trading DVD series, no longer offered, to the best of my knowledge... Well it was tough sledding listening to the snails pace of instruction. Now they do it in person. I think they do this to keep everyone drinking the Kool-aid.

Well IMHO OTA is an investment of too much money and time; but for some this just may work.
I didn't see them really presenting anything that was unethical or that has not been tried before.

Personally though I think the money spent for OTA could be spent elsewhere with much better long term results if you do not want to be tied to a room that has a subscription fee tacked onto it.

Oh by the way here are the course costs... (This doesn't include your time and expenses to attend)
Also prices are now two years old...


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 forgiven 
Fletcher NC
 
Experience: Intermediate
Platform: nijia trader
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Trading: ym es
 
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i would agree with the last post 100% they hold the pro trader 1 and 2 on sight. that is a waste of 5000.00 . the XLT is much better. but not 12,000 much better. pro trading 1 and 2 is worth 500.00 to a newbe. not 5.000. the XLT is worth 4000.00 to a beginner not 12,000.00 . the master mind students have 40,000 and 5 to 10 years in education. if there are any here ...please leave review.

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  #20 (permalink)
 Happy Rick 
Charlotte NC
 
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Save your money, all the XLT rooms are the same info you can't tell the difference. The same method supply and demand and trying to trade from the extreme. Same old info nothing new. Not worth it speaking from experience. 2 hours a day with a trader 3 day a week will not make you a trader. They pick levels and they are hit at different times during the day, The arrival makes a big impact if you should take the trade or not. My friends didn't make it using the XLTs a lot of them. I have a few that purchased every class. You trade with someone in the xlt and you don't know what their win loss ratio is, what their average MAE is MFE is. What the instructors avg win is or loss. How much do they make a year trading. How do they qualify to be an instructor. This is what you need to know about you. Could they make it in a TOP Step trader event maybe ever instructor has to pass that to pick you a trade with your live money. I would suggest look at top step trader try to achieve their goals while you are sim if you make it go live. IF you can qualify to trade their money trade yours use your money to buy time and learn to trade. I spent a lot then went to a Pats trading thread on this website, started watching mack youtubes videos every day and learned for free. Find what speaks to you. The best $100.00 i have spent is joining this group. I hope this helps.

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  #21 (permalink)
 Happy Rick 
Charlotte NC
 
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One last thing now that I have learned more I would ask what it the success rate of your students. How many students do you have and what is the failure rate compared to industry average if they purchase the XLT. A lot of students don't want to speak out fear of what may happen. The truth will win in the end.

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  #22 (permalink)
bradhouser
Merida, Yucatan, Mexico
 
 
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kwak76 View Post



I ask them what type of methodology do they use for trading but they don't really go into that and you learn more about that in the actual classes which you can take.



Their methodology is based on supply and demand. Look up Sam Seiden on Youtube and you will get the gist of it. It all makes sense, but finding good supply and demand zones is tricky. Their Classes and XLTs help reinforce the methodology. The old DVDs follow the old curriculum from before Seiden became director of training at OTA.

PS: They have even patented their methodology. Check it out here.


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  #23 (permalink)
 Happy Rick 
Charlotte NC
 
Experience: Beginner
Platform: NinjaTrader
Broker: Ninja Trader Broker CQG
Trading: ES YM CL TF NQ
 
Posts: 404 since Jul 2011
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PS: They have even patented their methodology. Check it out here.

How do you patent a 70% failure rate. Save your money. They don't trend trade and don't know how to do break trades.

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  #24 (permalink)
bradhouser
Merida, Yucatan, Mexico
 
 
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That is the thing about patents. You don't have to prove how effective your invention is.


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  #25 (permalink)
 fryguy2 
Lakewood + CO
 
Experience: Intermediate
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Anyone have the OTA Options program, send me a PM.

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  #26 (permalink)
 dk27 
Europe
 
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https://www.tradingschools.org/online-trading-academy-yes-its-a-fraud/

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  #27 (permalink)
 LastDino 
Legendary Pratik_4Clover
Mumbai, India
 
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Thank you! Finally!

This fraud is carried out in at least dozen different countries, I hope they shut down all branches.


This is what brought me to trading world back in 2015, and they have some really good sales people and zero useful traders.

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  #28 (permalink)
 Cloudy 
desert CA
 
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(you beat me to it dk27 ) Good to hear of this action by the authorities. Maybe a bit of an end of an era of these older multi-decade upselling bait scammeisters and organizations.

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 LastDino 
Legendary Pratik_4Clover
Mumbai, India
 
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Cloudy View Post
(you beat me to it LastDino ) Good to hear of this action by the authorities. Maybe a bit of an end of an era of these older multi-decade upselling bait scammeisters and organizations.

Yes, I hope so. Also that number is only representative of how much they estimate in US, they have been very active even in India (in fact are in cooperation with one of the largest brokers here "Sharekhan"), so I assume they have made no less money here as well.

Good to see some actions being taken against these decade long scammers, they have also encouraged lot of other scammers here who sell their method with some cosmetics. Its a whole chain I tell you.

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 MiniP 
Market Wizard
Columbus OHIO
 
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who the hell would pay that much money for this. One part of me feels bad for all these people who got scammed but if your're paying 60k you have to be crazy. let alone losing 1.3M on this, wouldn't this draw any red flags?? you put 1.3M in anything long term and your coming out on top especially after the past 10 years or so.. not saying this is correct because its not but how do people fall for this?

Like the old saying goes" during a gold rush, the person selling the shovels makes all the money" and this is exactly the same thing just with a big shovel full of fraud.

-P

"Truth is not what you want it to be; it is what it is, and you must bend to its power or live a lie"-Miyamoto Musashi
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 chingus 
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Me and my friend saved 60K

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  #32 (permalink)
 Cloudy 
desert CA
 
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"On February 12, 2020, the FTC filed a massive 8000+ page lawsuit alleging that the Online Trading Academy ripped off thousands of consumers for a total of $370 million dollars, since at least 2014." Tradingschools' article: -> https://www.tradingschools.org/online-trading-academy-yes-its-a-fraud/


FTC lawsuit -> https://www.tradingschools.org/online-trading-academy-ftc-lawsuit/
restraining order and assets freeze -> https://www.tradingschools.org/online-trading-academy-restraining-order-and-asset-freeze/

"the Federal Trade Commission was thorough…they subpoenaed TradeStation Securities.
..
The Federal subpoena was clear. The FTC wanted the names, addresses, phone numbers, and most importantly…the account statements of each and every victim of Online Trading Academy.
..
According to court records, the Federal Trade Commission individually analyzed 4,799 trading accounts.

The average account size varied between $5k to $15k. Of all of these accounts, 74.9% of the accounts lost an average of 94%.

Typically, the accounts were drained to nothing within 6-months. Which seems to perfectly match when consumers were required to pay off their $60k debt, at 18% interest.
Consumers that refused to pay, or could not pay were threatened with lawsuits and negative credit reporting.
One victim, in particular, lost his entire life savings of $1,364,337."


Emmett's comment: "After the lawsuit was filed…people came out of the woodwork like crazy. There are so many ex-employees with stories to tell. And wow, some of the ex-students are howling mad and want blood. In the past several years of writing reviews, I have never seen the level of intensity from consumers. The pitchforks are out. The tar is bubbling. The feathers are ready. And it is a complicated situation because the people that own franchises are sitting on now worthless businesses…and deservedly so. The whole business model was a scam from Day 1. Of course, Online Trading Academy is going to cite a survey they recently sent to thousands of their students claiming the “education” was of value, and how satisfied they are. But these poor fools that signed the survey don’t even realize that if they signed that survey, they are going to have a difficult time getting their money back in a settlement with the FTC. It not too often that I hope to get sued. But this is one of the rare situations where I would love to conduct discovery and depositions. There is so much more unpublished information. How these guys are not in jail is amazing."

Finally, an era is over for this upselling scam. So much shilling posts done on other forums, and ripoffreport was bribed to take down past bad reviews.

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 LastDino 
Legendary Pratik_4Clover
Mumbai, India
 
Experience: Beginner
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Cloudy View Post
"On February 12, 2020, the FTC filed a massive 8000+ page lawsuit alleging that the Online Trading Academy ripped off thousands of consumers for a total of $370 million dollars, since at least 2014." Tradingschools' article: -> https://www.tradingschools.org/online-trading-academy-yes-its-a-fraud/


FTC lawsuit -> https://www.tradingschools.org/online-trading-academy-ftc-lawsuit/
restraining order and assets freeze -> https://www.tradingschools.org/online-trading-academy-restraining-order-and-asset-freeze/

"the Federal Trade Commission was thorough…they subpoenaed TradeStation Securities.
..
The Federal subpoena was clear. The FTC wanted the names, addresses, phone numbers, and most importantly…the account statements of each and every victim of Online Trading Academy.
..
According to court records, the Federal Trade Commission individually analyzed 4,799 trading accounts.

The average account size varied between $5k to $15k. Of all of these accounts, 74.9% of the accounts lost an average of 94%.

Typically, the accounts were drained to nothing within 6-months. Which seems to perfectly match when consumers were required to pay off their $60k debt, at 18% interest.
Consumers that refused to pay, or could not pay were threatened with lawsuits and negative credit reporting.
One victim, in particular, lost his entire life savings of $1,364,337."


Emmett's comment: "After the lawsuit was filed…people came out of the woodwork like crazy. There are so many ex-employees with stories to tell. And wow, some of the ex-students are howling mad and want blood. In the past several years of writing reviews, I have never seen the level of intensity from consumers. The pitchforks are out. The tar is bubbling. The feathers are ready. And it is a complicated situation because the people that own franchises are sitting on now worthless businesses…and deservedly so. The whole business model was a scam from Day 1. Of course, Online Trading Academy is going to cite a survey they recently sent to thousands of their students claiming the “education” was of value, and how satisfied they are. But these poor fools that signed the survey don’t even realize that if they signed that survey, they are going to have a difficult time getting their money back in a settlement with the FTC. It not too often that I hope to get sued. But this is one of the rare situations where I would love to conduct discovery and depositions. There is so much more unpublished information. How these guys are not in jail is amazing."

Finally, an era is over for this upselling scam. So much shilling posts done on other forums, and ripoffreport was bribed to take down past bad reviews.

Now I know why the trainers were intent on getting "feedback" of course when it was done. I would be surprised if there were many who gave below satisfied in that.

I hope that is thrown out of courts, they blatantly gave BS to students saying "its for improvement" etc

Very clever scam indeed. I hope they start investigating its overseas branches as well.

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 RangerTrader 
Atlanta, Georgia
 
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Online Trading Academy final settlement. Sad to see so many people that were scammed out of several thousands of dollars. FTC lawsuit final settlement and press release is below.

https://www.ftc.gov/news-events/press-releases/2020/09/ftc-settlement-requires-online-trading-academy-forgive-consumer


https://www.ftc.gov/system/files/documents/cases/x200032_online_trading_academy_-_final_order.pdf

Debt forgiveness from Online Trading Academy.

https://www.consumer.ftc.gov/blog/2020/09/are-you-eligible-debt-forgiveness-online-training-academy

https://www.ftc.gov/enforcement/cases-proceedings/refunds/faq-online-trading-academy

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 LastDino 
Legendary Pratik_4Clover
Mumbai, India
 
Experience: Beginner
Platform: TradingView & ZerodhaKite
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Thanks, I wish they would also have some way bring international branches of OTA to same justice. Amount of people they have scammed is LOT bigger outside US than within US.

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 RangerTrader 
Atlanta, Georgia
 
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Buyers beware, Online Trading Academy fraudsters are popping up everywhere. Get this out and stay away from these guys.

https://theseidenstrategies.com/

https://tradersarmy.com/

Here is a link with a list of instructors that were at Online Trading Academy. Watch for their names in trading forums.

https://sgeventsota.wixsite.com/mysite/our-instructors

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