Prosper Trading Academy Review
Prosper Trading Academy charges $20,000 per year for trading education and investment recommendations.
The company is operating from Chicago (111 W Jackson Blvd STE 1122) as Prosper Trading Academy LLC.
Their investment recommendations come in the form of trading signals where students can simply copy and paste to make profits.
The individuals behind this company are public figures. They are Charles Moon and Scott Bauer of Volatility Means Money.
They’re actively advertising their get-rich-quick opportunity at CME Group website.
CME Group website receives 20 million pageviews every month.
Therefore, you can imagine the number of people who consider “learning how to get rich” through Prosper Trading Academy.
Is Prosper Trading Academy legit?
No, it is not a legit website for learning how to trade or get rich.
The physical address currently used by this trading school was used by a now defunct get-rich investment company called “Trading Advantage“.
In 2017, complaints reached the National Futures Association (NFA).
Victims pinpointed a future brokerage named Kingsview Futures working in conjunction with Trading Advantage to rip them off.
Investors were consuming bogus investment advice which was making them lose money.
Is there a chance that the people who run Trading Advantage are the same people who operate ProsperTrading.com?
Absolutely!
I do not see why Trading Advantage would share the same address and produce similar product to Prosper Trading Academy if they’re not the same entity.
Should you pay to join Prosper Trading Academy?
No you should never pay or even consider joining this trading school.
Their investment advice is fake and illegal.
In addition to this, they have a bad reputation of losing trades despite operators being very popular in the investment advice scenes.
Individuals who run this get-rich-quick investment website now admit that all their trades are hypothetical.
They do not have a track record of success.
Conclusion
It’s going to be super-expensive paying for investment recommendations that ultimately lose money.
After all has been said and done, my final advice is this: DO NOT INVEST WITH THE WEBSITE.
If you want to trade the financial markets, consider these simple trading tools that can change your life.
Gary M. Sinclair, legal counsel, Prosper Trading Academy
Please find below Prosper Trading Academy’s response to your ridiculous and false allegations.
Prosper demands that you remove the falsehoods and lies from your review and that you cease and desist from posting or communicating these lies in the futures. If you fail to heed this demand, Prosper will consider what action might be taken to stop these actions and take appropriate action.
Prosper Trading Academy charges $20,000 per year for trading education and investment recommendations.
I have no idea on what information you are basing this allegation, but it is completely false and a lie. On avg, Prosper charges $2,000. For a one-year membership. Further, there are no investment recommendations. The signals are provided to show how the education works.
The company is operating from Chicago (111 W Jackson Blvd STE 1122) as Prosper Trading Academy LLC.
This is not the proper address of Prosper Trading Academy.
Their investment recommendations come in the form of trading signals where students can simply copy and paste to make profits.
This allegation is completely false. Trade signals are provided for students to show examples of how the education should be used. No one is ever encouraged to” copy and paste to make profits.”
The individuals behind this company are public figures. They are Charles Moon and Scott Bauer of Volatility Means Money.
This is totally false. Scott Bauer is the CEO but Mr. Moon is an instructor. Ruther Volatility Means Money was a product, not a business.
They’re actively advertising their get-rich-quick opportunity at CME Group website.
Prosper has never placed any advertising on the CME Group website. Consequently, the rest of your allegations regarding CME Group are irrelevant.
CME Group website receives 20 million pageviews every month.
Prosper has no idea how many page views CME Group gets as Prosper does not advertise on CME Group.
Therefore, you can imagine the number of people who consider “learning how to get rich” through Prosper Trading Academy.
This is false as stated above, Prosper Trading does not advertise on CME Group.
Is Prosper Trading Academy legit?
No, it is not a legit website for learning how to trade or get rich.
Again, the website is legitimate, even though yours is not. Prosper does not offer a get rich quick opportunity.
The physical address currently used by this trading school was used by a now defunct get-rich investment company called “Trading Advantage“.
As indicated, you have the wrong address and Prosper does not advertise a “Get Rich Quick” program.
In 2017, complaints reached the National Futures Association (NFA).
Victims pinpointed a future brokerage named Kingsview Futures working in conjunction with Trading Advantage to rip them off.
There was no rip off. Trading Advantage was never charged or found to be in violation of any rule, regulation or law.
Investors were consuming bogus investment advice which was making them lose money.
This is a complete mischaracterization. Further, Trading Advantage was never charged with any wrongdoing.
Is there a chance that the people who run Trading Advantage are the same people who operate ProsperTrading.com?
Absolutely!
It is true that some of the people involved with Trading Advantage now work with Prosper Trading Academy, but as set forth above, no instructor at Trading Advantage was ever charged, let alone found in violation of any rule, regulation or law.
I do not see why Trading Advantage would share the same address and produce similar product to Prosper Trading Academy if they’re not the same entity.
Again, you have the wrong address.
Should you pay to join Prosper Trading Academy?
No you should never pay or even consider joining this trading school.
Their investment advice is fake and illegal.
Prosper does not provide investment advice. It provides education. What Prosper does is completely legitimate and legal. Of course, you are not a lawyer so don’t make allegations that you cannot support or are even educated to make.
In addition to this, they have a bad reputation of losing trades despite operators being very popular in the investment advice scenes.
Again, Prosper does not provide investment advice and it is very clear you don’t even know the definition of the term.
Individuals who run this get-rich-quick investment website now admit that all their trades are hypothetical.
Prosper has always, from its inception, clearly stated and continues to state that the signals it provides are hypothetical. Prosper instructors do not trade the signals because they do not want to be “front-running”.
They do not have a track record of success.
Prosper’s trade signal record is totally accurate.
Conclusion
It’s going to be super-expensive paying for investment recommendations that ultimately lose money.
Clearly, this allegation is false since your allegation about what Prosper charges is false.
After all has been said and done, my final advice is this: DO NOT INVEST WITH THE WEBSITE.
If you want to trade the financial markets, consider these simple trading tools that can change your life.
Clearly, this is your attempt to push products for which you are most likely being paid to push. This is not surprising because it is clear from your falsehoods and inaccuracies that you have no idea what you are talking about.