Welcome to our Incomeclass.net review. This Income Class review will let you know whether the website is offering a viable opportunity to learn trading.
In addition to this, we’ll let you know whether their trading strategies and algorithms are profitable since they claim to have 5+ years of experience in the game.
Income Class promotion materials even claims that their trading education is taught by top experts who provide universal access to world’s best education.
These statements are definitely subjective and you might even be surprised that Incomeclass.net is offering a completely different thing from what you had expected.
Income class review
For $500, Incomeclass.net claims that they will “reveal the secrets”. To become a day trader, you’ll pay $250.
On the other hand, trading algorithms cost $100. It’s not clear whether this is a price for one algorithm or a bundle of trading algorithms and strategies.
Income Class is also not providing insights about what they’re selling other than giving titles of the product/service and the assign prices.
We would like to know what “becoming a day trader” means when you give your $250 to Incomeclass.net.
What strategies do they teach and what guarantee is there that their strategies work?
And what is their approach to risk management?
For their trading algorithms, we need to know what strategies were used to code the algorithms and why they believe their trading strategies are the best.
Income Class Review: Who own the website?
The website of Incomeclass.net is quite minimalist in design. Promotion text is kept to the minimum which makes it easier for their consumers to navigate the website and understand what is being offered.
However, aesthetics alone don’t guarantee that the site is legitimate. So we would like to know who owns or runs the site in question.
According to the text on the footer of Income Class website, this website is run by a UK-based company called ENIGMA GRC LIMITED. ENIGMA GRC LIMITED is a controversial company as they’ve been accused of selling a scam trading bot before.
The company also appears to own a site by the name profitix.com and are rumored to be based in Cyprus and using call centers to localize phone numbers when speaking with consumers over the phone.
In addition to Profitix.com, the same people who run Incomeclass.net also sell learning materials on Profit-Class.
On the other hand, Incomeclass.bet lists their physical address as 71-75, Shelton Street, Covent Garden, London, WC2H 9JQ, ENGLAND but investigations show that the people who run it are probably located in Cyprus. We believe that there are some hidden truths here and we also believe this would have been solved by putting up a simple about us page with facts about their company and the people who run it.
As far as this is concerned, Income Class is only providing vague information about who they are and what they do. The trading educator didn’t disclose their “top experts” or the people in charge of their operations.
Income Class Review: The ugly
ENIGMA GRC LIMITED and the broker profitix.com have been warned by the Financial Markets Authority (FMA) for target New Zealand consumers.
According to FMA, this company is not listed by the Financial Service Providers Register (FSPR) and are also not incorporated in the country as they falsely tell their consumers.
This is a warning and an alert that people considering to use their service should follow to avoid losing money.
For us, this makes us scared of recommending any of their trading names, whether Income Class or Profitix.
Income Class Review: No trading performance
It is very common for trading educators to market their products while failing to produce evidence of trading success. Good examples of these trading educators include Come Learn Forex, Fast Track Forex, Gold Trading Academy, Transparent FX Trading and many others.
If the trading educator has a zero track record of trading on a live account and consistently generating income, do you think it is worth buying “trading educator or algorithms” they claim to offer?
The answer is a no.
Income Class does not inspire trust as it should. While their website is straight forward with details of what they do, they fail to provide insights about their strategies, algorithms and products in general.
There is also no track record of successful trading. Their alleged 5+ years of experience is just a hoax.
We don’t encourage students to spend money on these trading educator websites as they are merely scam.