Success Trading Academy is being promoted as a simple and quick source of massive online income. According to the information on their website, it is equipped with a variety of trading solutions including signals, webinars, training resources and one-on-one coaching from experts over the phone. But is Success Trading Academy a legit solution or a scam in disguise?
Recently, we carried out an investigation to reveal the truth about this system. If you were thinking about signing up for it, we advise you to read this review first.
There is not much data that is accessible on the Internet about Success Trading Academy. This is why we can not be 100% certain whether it falls under the scam or legit category.
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What is Success Trading Academy?
Every now and then we come across a trading software that claim to throw hundreds per hour at their users. what happens is that most of the time, these kinds of over-promising systems are outdated and don’t work at all. In fact, the majority of them turn out to be scams and make their users lose their investment funds.
Success Trading Academy not only appeared as an automated trading platform, but a learning centre as well. As the name suggests, it appeared as an academy that traders can join and become better at trading. According to information available on their website, it is a standalone product that operates for different markets and helps its users generate vast profits. Aside from fully automated execution of trades, traders can also get access to learning materials such as ebooks, video tutorials, webinars and coaching on call from experts.
But our research reveals that Success Trading Academy is not a suitable choice for traders. the information present on their website isn’t true. This software doesn’t work to allow traders to generate massive income from their online investments. It doesn’t even provide any educational materials or sources to traders. It is a bogus automated software that executes trades randomly, causing traders to lose their investment capital.
Successful traders do not rely on instant profits. They take their time to analyze the markets and make trading decisions even if they are making use of an automated software. Usually, it is the small profits they make on each trade that accumulates into big profits over time. smart traders also don’t keep investing funds from their pocket to earn significant profits with few trades. They invest their small profits back into their online trading and earn even more.
The Operational Mechanism Of Success Trading Academy
It is quite shocking to see the number of bogus systems hitting the market and staying to steal traders’ money. All these systems work in the same manner and that is to make traders sign up with a bad broker. Unless you complete the sign up process with Success Trading Academy, you won’t know which broker you will be assigned.
Traders who have used their services in the past have complained that the brokers they are put into contact with are either unregulated or they have poor reputation in the industry. Success Trading Academy doesn’t have licensed or trustworthy brokers in their list. They are also not a free service.
Depending on the financial markets you want to invest in, their membership plans start at $50. We also don’t know whether it is an annual plan or you will be billed on a monthly basis. Aside from the membership fee, you will have to pay a minimum of $250 when you register with the broker they assign to you.
When it comes to the actual execution of trades, they are placed randomly. Trading tasks are not performed based on any analysis of the markets. They are random because they intend to place losing trades so traders lose their funds to the broker.
Success Trading Academy: Reliable or Not?
Success Trading Academy claims to provide training resources to their clients, but there is no example of any training material on their website. They say that traders can learn from experts when they sign up, but they have not mentioned the name of even one expert. So the question is, “do they really work with experts?” We don’t think so.
The next thing we looked at was the client feedback. We did not come across any positive feedback. They are few reviews online and they are mainly negative.
Traders should also not believe the success stories because they have been made up. The images are stock photographs stolen from the internet. Their identities have been hidden by giving them fake names. Making use of fabricated testimonials is a common practice that scammers use these days to make unsuspecting and novice traders believe that they are real. But the truth is that it is with these kinds of systems that traders have lost their investment.
We did not find anything good about Success Trading Academy. We have come across lies, misleading information and several complaints from people who actually signed up for this fake program. Instead of falling for their fake promises, we advise traders to look for a safer and more reliable alternative for trading.
Most importantly, when traders sign up for a system, they must keep their deposits low when starting out. Traders must only invest what they can afford to lose because trading in the financial markets comes with its risks and there is no system out there that can guarantee 100% winning results.
About Success Trading Academy, it is better for traders if this program is avoided at all costs. This is a scam software that has been designed to make traders lose their capital.
The investigation we executed into the matter whether the Success Trading Academy binary options trading software is trustworthy or not did not provide us with reliable enough data. This means that it is most likely a scam. As Success Trading Academy can not be regarded as a profitable and safe solution, we advise all our users to turn to a trusted robot.
This is the only way of being certain that your profits will be protected and safe.
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