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Trading21 Review: Anonymous Firm Claiming to be an Educational Service

Trading21 Review

This business claims to provide training programs for all kinds of investors. Their service line is only an answer phone, and their address is a PO box in the British Virgin Islands. You are sent to a “live” artificial intelligence trading platform upon registering.

Before we delve deeper into our Trading21 review, we must warn you that TradeAlgo is not transparent about its pricing, so make sure to check out our evaluation before subscribing. Now without further ado, let’s begin.

About Trading21

With £200, you open your account. After that, you receive a call from an account manager who wants to hire you for Trader21 and convince you to make considerably larger investments. The alleged “live platform” will demonstrate exceptionally robust returns from AI trading and the investments the account manager has recommended. 

Furthermore, traders are given an account number upon registration at the Trading21 login page, which is the code required to access the website. This organization is essentially put on our blacklist due to their lack of transparency and the numerous complaints we have received about them calling traders to obtain money. 

Company Type Fake Educational Platform
Legal name Trading21 serviced by ZTB
Regulation Unregulated
Registered in PO Box 4406, Road Town VG 1110, Tortola BVI
Established 2023
Website trading21.net
Financial Authorities Warnings
  • No official warnings
Contacts
If a withdrawal is possible Not according to several traders;
Fees
  • Hidden fees
If Active on Social Media:
  • No
Investor Protection: None;
Activity areas United Kingdom, Australia, Singapore, Poland, Portugal
Main threats Scam company; Fabricated reviews;
Main perks None;

Legal Information

Trading21 is an educational platform, or at least that is what it claims. However, FreeOnlineTradingEducation is also an academy and both don’t require regulatory oversight. That is until they start offering financial services, like in this case where Trading21 offers an AI platform.

Taking money from traders in that way without regulatory oversight is what allows them to scam investors and receive so many complaints. There is no way to access the website without a code, which is another red flag to be concerned about. Stay away from this scammer!

Trading21 Course: Who Is It Meant For?

Beginners

Trading21’s courses are a starting point for individuals who are ready to start earning money online but have no prior experience with Forex trading. The curriculum is designed to provide the fundamental information and abilities needed to successfully negotiate complex financial markets.

Intermediate 

Trading21’s courses provide tactics and insights to help traders who have been trading for some time but haven’t seen consistent profits close the gap between short-term gains and long-term profitability. These modules are designed to improve decision-making and trading strategies.

Advanced 

These courses are designed for those who want to develop their trading skills, whether it’s by learning intricate chart patterns, improving risk management, or exploring sophisticated trade psychology.

Trading21 Courses

The Beginner Course begins with a careful review of basic vocabulary that is essential for any prospective trader. Participants acquire a strong foundation, laying the groundwork for additional in-depth learning, by comprehending fundamental market ideas.

Trading21 explores the specifics of chart patterns in the Intermediate Course, giving traders the tools they need to identify and analyze these visual cues. Making deft decisions based on past price changes requires an understanding of chart patterns.

The Advanced Course at Trading21 focuses a lot of attention on risk management techniques designed for seasoned traders. Advanced risk assessment and mitigation strategies are covered in detail with a careful approach to capital preservation and return optimization.

Trading21 Price

Considering that Trading21 education is probably a scam, we were not too surprised when pricing wasn’t available. The company even dares to claim they served traders since 2012, when according to WHOIS data, the domain was registered in November 2023, meaning they have no experience.

You are not paying for education with this firm, instead, you are paying to trade on an AI platform, where they will ask you to deposit a large sum and take your account to zero after a while. Despite the appeal, we recommend staying away from this fake educational firm.

Trading21 Reviews

At first glance, you might think the reviews about this company are good, especially since you can find them on several platforms. But the reality is much worse, as the unfavorable reviews speak the truth about what this company truly is. There are 5 comments on Trustpilot and only one positive.

Besides complaining about losing money, all traders had a similar experience with this shady business. At first, the investments are growing and the company will let you withdraw one or two times before completely taking charge of your funds. One trader in particular had a huge issue.

The trader received daily aggressive persistent calls boarding on harassment asking for more money. When he asked to close his account, customer support ignored him and then the balance went to zero within two days. There are also some comments on Sitejabber, so make sure to check those out as well.

Final Words…

In all honesty, it’s just a matter of time before the FCA notices this company and issues an investor alert. Until then, if you stumble upon this Trading21 review, make sure to stay away from this shady business as the accusations of providing an AI trading platform are a huge red flag.

The courses provided seem legit at first glance but after facing so many complaints of providing a platform and scamming investors for money, this company can’t be trusted for not even one second. We advise investing your money in something you know it’s reliable and effective.

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FAQ Section

What is Trading21?

Trading21 is an educational platform that claims to offer training programs for all types of investors, but it appears to be a scam.

Is Trading21 Legit?

No, Trading21 is a scam. They are not transparent about their pricing and have received numerous complaints from traders.

How to Choose the Right Trading Firm?

When choosing a trading firm, it's important to look for transparency, regulatory oversight, and positive reviews from other traders. Avoid firms like Trading21 that show signs of being a scam.

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