The Trade Academy Review 2024: Exposing Nikk Legend and His Academy
Traders in today’s modern age have it a lot easier, as various tools can be used to elevate skills and boost profit chances. In addition to those tools, many companies today offer educational material and a chance for you to educate yourself on the market and overall trading.
That brings us to our The Trade Academy review, where we evaluate an educational platform established in 2017. Learn about The Trade Academy course, features, pricing, and most importantly the benefits of using this company. Keep reading and make sure to check out AlgosOne.
About The Trade Academy
The Trade Academy was established in 2017 by Nikk Legend. Nick has gained a lot of popularity and claims his courses are like gold, suitable for each and every trader. The academy claims to provide comprehensive education on trading strategy, analysis of financial markets, and trading signals.
The website looks decent, to say the least, as everything is pushed into one page and hard to manage. We can for sure say this academy isn’t as user-friendly as it appears to be. At first glance, the courses don’t seem as reliable as presented, especially not for the price they charge.
Despite their claims to be registered in the UK, the domain is registered in Arizona, the US, according to WHOIS. Overall, we are not impressed with the company from the start, however, keep reading our The Trade Academy review to see if there are any benefits of using this educational platform. Additionally, check out CDG Global.
|The Trade Academy Ltd
|17 King Edwards Road, HA47AE, London, UK
|Financial Authorities Warnings
|If a withdrawal is possible
|Depends on the broker;
|If Active on Social Media:
|United States, United Kingdom, India, Australia, Canada
|Courses not worth the money; No reviews;
|In business since 2017;
Prop firms are not required to be regulated by law, however, some firms still operate under a license. The company states clearly that they’re not regulated by the FCA or any other authority as the firm doesn’t undertake any regulated activities.
The Trade Academy Ltd is, however, registered in the UK under the number 12706394. Don’t mistake registration for regulation because there are brokers who are ‘registered’ but not regulated and with them, it can make a huge difference.
The Trade Academy Features
Depending on the course you choose, various features are available. For the most basic course, which is the Silver Membership Blog, traders have access to learn about premium daily forecasts and analysis of the financial markets from professional traders.
To learn about trading signals, the course of Herculean Constancy Forex Signals HC Analytics will assist you the best. The available assets include forex, commodities, energies, indices, stocks, and ETFs.
The Wolf Trading Strategy Course has 12 installments and it helps traders develop discipline and skill sets to prevent losing money. You will also be able to identify when and why you’re losing money, create and develop successful trading strategies, and elevate your trading skills to the next level.
In the Trading Signals Course, the calculations are based on the Herculean Constancy Theory. The Wolf Strategy Course is also available as a yearly subscription, where you get more features. Besides a year of trading signals, you will learn how to apply risk management to your strategies after developing a successful one.
The last course available is the Wolf Trading Strategy Course Hedging Strategy, which is suitable for professionals in the raw materials industry. You will learn how to hedge positions to protect against rising prices of raw materials.
The Trade Academy Pricing
Pricing of the courses seems excessive compared to the competition and after reviewing some of the courses, we are certain they’re not worth the money. Here is a breakdown of the prices for each course:
- Silver Membership Blog – £14.99/month
- Trading Signals £49/month
- Wolf Trading Strategy Course £999.99/month
- Trading Signals £399.99/year
- Wolf Trading Strategy Course £9,999.99/year
- Wolf Trading Strategy Course Hedging Strategy £3,999.99/year
The Trade Academy Reviews
It’s surprising to find zero reviews for a company that was established years ago, in 2017. With firms that are in the market as long as this one is, there are usually reviews available, however, we couldn’t find any for this academy on any platforms, not even forums like Reddit.
This could indicate a potential fraud, however, since there is no way of proving it, we are only left to speculate. Relying solely on reviews is not a good idea but they are still a beneficial factor to consider when looking for a reliable company to trade with.
Payment Options and Process
The payment is processed over Wise, which is a reputable payment platform. For most currencies, you can pay using your debit or credit card. Wise only accepts Visa, Mastercard, and some Maestro cards. You can also use a wire transfer, however, it will take more time.
The subscription is either monthly or yearly and the company doesn’t offer any refunds. So if you end up buying the course and you don’t like it, the chances of getting your money back are low. There isn’t even a money-back guarantee; once you pay, it’s a done deal.
Weighing the Pros and Cons
Can I Make Money While Trading Online?
In summary, the Trade Academy’s courses look like they’re taken off YouTube, and in reality, you can probably learn everything they offer for free. Considering the firm was established years ago, the lack of reviews seems concerning. Luckily, with AI.F, you can skip years of education and dive right into it.
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What is The Trade Academy?
The firm was founded by Nikk Legend in 2017, and The Trade Academy offer includes courses on trading strategy, market analysis, and trading signals.
Is The Trade Academy a Good Educational Provider?
The lack of reviews and concerns about website transparency raise doubts about the academy's credibility as a reliable educational provider.
How to Find the Right Brokerage for Online Trading?
Research and consider factors such as regulatory status, reviews, fees, and available features when choosing a brokerage.