Oil Trading Academy Review: Snake Oil Scam

 
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Welcome to the Oil Trading Academy review. The website can be found at oiltradingacademy.com and it’s owned and operated by someone called ‘David’.

The company is claiming to be a trading education platform, and the website is selling dozens of trading courses and codes, each going for $500.

David of Oil Trading Academy also wants you to know that he is 50 years old and that he has studied all his life but started trading in 2001.

He also claims to be a successful trader yet his claims of success in trading are totally false.

Is Oil Trading Academy legit?

The truth is that this website is selling you snake oil. “The code” is a total waste of your time and money.

When you look at the Oil Trading Academy website, you get the impression that something fishy is going on.

It is populated with screenshots of cherry-picked trades and fake profit statements.

The OilTradingAcademy website is a laughing stock of the trading community since David’s resume looks serious but his website is just a total joke.

Whereas the owner claims to have a verifiable track record of trading, this seems not to be the case since we have come across a video that he posted back in 2015 which portrayed him trading on a live account when he was just demo trading.

In short, Mr. David does not have a track record. No accountability and no verifiable trading statement.

We cannot prove his alleged trading experience.

This is why Oil Trading Academy is a snake oil and not something you want to spend your $500 on.

Another reason why Oil Trading Academy is just another scam

The owner is teaching people how to trade Oil, Stocks, Bitcoin but dismissing Forex as a scam.

However, what you should know is that the trading methodology for other financial instruments is the same for Forex trading.

If Forex trading is a scam, then this guy is essentially saying that all kinds of online trading are a scam.

Of course he should not be selling anything related to trading but this is exactly what he is doing.

Also, despite David having a ‘spectacular’ resume on his website, he fails to introduce his full name to his audience.

My research shows that his full name is David Kuvelas who lives in Henderson. The Google maps can show that the address is leading us to a big apartment situated near the Interstate.

It does not take a lot of intelligence to figure out that this kind of residence is not typical of a wealthy trader.

In other words, Oil Trading Academy is just a cashcow for the operator. The owner appears to be making all his profits from selling trading courses and strategies.

As you can see, every trading product on the website costs $500. The owner even claims that his trading course typically costs $5,000 and that he wants to give everyone a chance which is why the price is $500.

This is clever marketing language, nothing more.

The Conclusion of OilTradingAcademy Review

Do not believe the screenshots, the videos and the testimonials found on this website because they are unverifiable.

This fraudulent website is operating like Trading Central, WaveFX Trading and Neuroshell Trader respectively.

Do you want to submit a broker or comment about their scam activities? BrokerProfile is the uncensored forum where you can discuss freely about good and bad trading service providers..

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