Online Trading Academy Verified TRUSTED Business REVIEW: Online Trading Academy’s mission is enriching lives worldwide with exceptional financial education.
Online Trading Academy held a free information session to promote a three day "Market Timing Program" for USD 300. The program is nothing but a sales pitch to promote Online Trading Academy's tutorial programs and they make you pay to attend their sales pitch. I attended the session with a view to learn about forex markets but they had nothing much to offer; their entire focus was on selling their programs and their platform. I will not comment much about the tutorial programs as I decided not to attend this but much of this is available else where at 1/4th the cost. On the second day of the program, I expressed my displeasure to my contact ( educational counselor aka sales guy ) on why the "market timing session" turned to be nothing more than a sales pitch; he immediately said he would refund my 300 USD even before I asked for the same. Guess they knew that some would definitely react. His immediate senior wanted me to walk out of the session and said that they did not find me a right fit. The guy was very curt and was probably concerned that I might negatively influence other prospects. A very poor attitude for sales guy.
One of the attendees who left along with me mentioned that Online trading Academy is selling several similar programs (CDs and books ) on Amazon.com for 100-150 dollars, which they never mentioned during their sales pitch.
I generally don't write reviews but had to write this and alert others so they may think twice/ thrice before they spend their hard earned money on programs like this.
thanks
1 Updates & Rebuttals
RonnieAC
Boston,Massachusetts,
I Agree that this is a huge RIPOFF. BEWARE!
#2Consumer Comment
Sun, September 14, 2014
As I see it, this entire program is nothing more than a sales scam in which people are lured in at a small fee and then sold on much more expensive programs which are, in my opinion, absolutely worthless in enabling people to profit consistently in the markets. They show you good trades but none of the bad ones and MOST of them are bad. Overall, if your losses will outnumber your gaines over time and you will end up losing money and on top of that will end up paying huge enrollment fees for their programs which they will try to sell you on once you have taken their low cost introductory program which is worthless in my opinion. In fact, they actually force you to sign disclosures and disclaimers releasing them of liability when you end up losing money. That is how sure they are that you will lose. DO NOT fall for this or you will be as sorry as I am and many many others. Do your research and homework and do not fall for an illusion. They are good salespeople and good at painting you a rosy picture about trading and making you believe that you will succeed but you will end up a huge huge loser in the end. Plain and simple. Do not sign up for any of their programs.