Complaint Review: Online Trading Academy TRUSTED Business | Ripoff Report Verified Safe™ …businesses consumers can trust. Online Trading Academy's roots can be traced back to 1997 as one of the largest trading floors in the U.S. with 180 traders averaging half a billion dollars in daily transactions. To improve results managers and the top traders offered daily coaching sessions in how to trade more consistently and profitably.

Online Trading Academy does offer a very good trading education. They use industry recognized methodologies that do create real positive absolute returns.

The problem is that they present these methodologies as thier own and make novice traders believe that they invented them.

Their use of the term "supply and demand" is bantered about as though no one ever considered this concept.

The average  prospect tends to be financially desparate. Many are retired, sick, old or just bored. That these people will ever be sucessful as traders is unlikely. Not that I am implying they are stupid, but realistically, most students will never be sucessful.

The program is too long and way to expensive. While real world concepts are taught, there are cheaper was to learn them. I wonder how many lives were made worse by this company.

I have been in sales, so I can tell you that the term Education Counselor and Director of Education are synonimous with Salesman and Sales Manager.

These sales people are highly trained, they control the room in a way that fosters maximum emotion and uncovers pain in the prospect, they will do anything to get you to buy, including offering over priced financing that really goes againt the concepts they teach.

While I would encourage anyone who wants to improve thier personal finances or learn to invest, I would caution them against getting involved with this company until Online Trading Academy  changes the business model they operate under.