Most day trade services tend to keep it little and simple. not Tradenet. With a overplus of trade programs, self-study courses, on-site coach, and synergistic chatrooms, this investment advisory serve has something for everyone .
They besides offer to connect traders with investment firms to trade their capital through a fund trade report. But is it all glitz and no aura ? In this Tradenet review, we ’ ll separate fact from fabrication. We ’ ll take you through the offer and let you know if Tradenet sets the standard, or barely pretends to .
|🙋 Founder||Meir Barak|
|🚀 Features||Financial and Trading Education|
|💰 Pricing||$500 – $9.000|
|🏢 HQ||Limasol, Cyprus|
foil : We may get compensated when you click on links in this article.
What is Tradenet?
Tradenet is your go-to reservoir for all-things-trading. Founded in 2004 by Meir Barak, the site claimes that the avail over 16,000 students achieve achiever trade in fiscal markets .
From training programs, to self-study courses, to chatrooms and alive on-site tutelage – Tradenet has become one of the largest and most recognized service providers out there .
The team aims to teach profitable trade strategies, technical analysis, market reversal points, market psychology, risk management and how to choose the right Tradenet agent .
Meir Barak – author of The Market Whisperer – serves as the company ’ sulfur ’ foreman trader. Scott Malatesta VP, Analyst and Mentor, helps produce high quality message, account management skills and enforce profitable trade strategies .
Gil Paz Trader, Analyst and Mentor, has over 10-years ’ experience day trade and educates students with his proprietorship vogue following strategy .
Michael Orevi, Trader, Analyst and Mentor is the team forex and commodities guru. Michael Orevi has feel in emerging markets, alien equities ( european ) and currency trade .
last, Amir Barak, Trader Analyst and Mentor, has served as a trade coach for several years and educates scholar on the importance of risk management .
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Products | Services | Costs
Tradenet ’ s product offer is mainfold .
Choices include :
- Four Funded Account Programs,
- Seven Education Courses,
- A Live Trading Chatroom as well as
- Live Onsite Training.
Let ’ s begin with a Tradenet funded bill review .
note : All Funded Account Programs come with a Full 14-day Money Back Guarantee ( see limitations in the Tradenet Review summary ) .
first on the agenda is Tradenet ’ second Intro Program. Developed for beginners, the course of study costs $ 500 and includes all the material you need to get started in trade .
The package includes :
- The Self-Study Course (12 months access)
- Access to the Live Trading Chat Room (only 1 month access included)
- A trading book (copy of The Market Whisperer)
- A Demo Trading Account
With the Self-Study Course you get dozens of learning units, training videos, deoxyadenosine monophosphate well as plenty of interactional lessons and tests. The live trade Chat Room introduces you to the sites top traders, where you can follow their strategies and gradually grow as a trader .
The Demo Trading Account acts as a real-life simulator, where you can test your skills under actual market conditions. By enrolling in the program, you ’ re besides eligible to apply for a $ 14,000 Tradenet funded account .
How it works is, If Barak and the team believe you have what it takes, they will personally fund your trade report. You keep 70 % of all winnings vitamin a hanker as you stay within a maximum drawdown ( loss ) of $ 700 .
overall, the Intro Program seems solid. You receive plenty of corporeal and the 14-day full moon money back undertake adds credibility .
The major downside is service duration .
You have access to the Self-Study Course for 12-months, the alive trading Chat Room for 1-month, the trade Book for 2-months and the Demo Trading Account for 14-days. In order to get anything out of the box you must be dedicated .
The short time assign requires you to study fast and make consumption of the products early and much. Keep that in mind when you make your decision .
Up future is the student Program. It ’ randomness priced at $ 3,000, which is a solid jump. You receive all the content from the Intro Program summation :
- Weekly mentorship (for 1 month duration)
- Access to The Star Trader Course (access for 3 months included)
The Star Trader Course – which we ’ ll describe in greater detail later – is individually priced at $ 1,900 and comes with 15-hours of online television education .
The scholar Program besides includes eligibility for an $ 80,000 fund report, which you keep 75 % of your winnings with a utmost drawdown of $ 4,000 .
overall, your best bet is to purchase the Intro Program ( $ 500 ) and the Star Trader Course ( $ 1,900 ) – which results in a full spring of $ 2,400 .
Unless you prize the Weekly Mentorship for one month or are tidal bore to get started with a Funded Account, this combination offers the best value here .
Created for advance traders, the Expert Program adds to the Student Program. It includes everything in the student Program plus the ball-shaped Market Course ( 3 months access ) .
besides the eligibility for a $ 160,000 Funded Account where you keep 80 % of your winnings with a maximum drawdown of $ 8,000 is included. The sum costs is $ 6,000 .
The crème-de-la-crème of Funded Accounts – The Professional Program – gives you broad access to all the site has to offer .
The full monetary value is $ 9,000 and the major accessory is the top Trader Course ( 6 months access ) and eligibility for a $ 240,000 Funded Account where you keep 85 % of your winnings with a maximal drawdown of $ 12,000 .
So what’s the deal: are any of the Funded Accounts worth the money?
The reality is, after the Intro Program, the main intersection you pay for is access to the higher-dollar Funded Accounts. From our position, it ’ randomness cheaper to purchase the Intro Program and addition specific courses .
You ’ re better off starting with a small spring, digesting the substantial, then testing your skills with the $ 14,000 Funded Account. This direction you can verify the material before spending a larger ball of money .
As well, with the 14-day Full Money Back Guarantee, there is little hazard in taking the plunge. The price is at the highest floor compared to all other competitors in this segment !
besides, please note that the access duration is much express to periods between 1 to 6 months only .
The combination between the brawny price tag and the short duration of the services included should be considered before making the final examination decision .
The Self-Study Course – included in all Funded Account packages – is priced at $ 290 on its own and comes with dozens of video, practice sessions and auxiliary material.
Some of the topics covered include :
- The principles of day trading
- Practical use of indices, sectors and prominent shares
- How to trade in fixed quantities and not fixed amounts of money
- How to analyze the stock market
- How to use moving averages and Fibonacci sequences
This is a quintessential founder course. The material even covers “ what is a retentive position and how to use short a position ( to ) net income from its falling price. ”
If you ’ ra well versed in these topics, you can afford to skip it ; but at $ 290 it ’ s not excessively expensive either. As mentioned above, your best stake is to purchase it through the Intro Program. You receive much greater value .
Star Trader Course
Touched on concisely above, the Star Trader Course is priced at $ 1,900 and features 15-hours of online train, calculated risk trade strategies and access to all recorded sessions in encase you miss a classify .
Some of the topics covered include :
- The US stock market
- Market indicators
- Japanese candlesticks
- Trading methodology
- Reversal patterns
- Market psychology
- Fundamental analysis
Compared to the Self-Study Couse, the Star Trader Course is much more promote and comprehensive. You dive into a wide roll of average to advanced concepts that are substantive to becoming a successful trader .
The course is taught over five consecutive days and each school term streams and 3:30 autopsy New York ( eastern ) time. If you ’ rhenium looking for an advanced course, this is the one for you .
While it ’ s on the costly side, when combined with the Intro Program the two make a great combination .
Forex, Commodities and EU Market Course
besides priced at $ 1,900, the Forex, Commodities and EU Market Course, is where Michael Orevi aims to mold you into a master currentness trader .
The naturally includes three, 3-hour live online sessions and covers topics such as :
- Forex trading basics
- EU trading basics
- Advanced trading orders
- Technical analysis
- Swing trade strategies
- How to make money on market moves
Top Trader Course
The crown Trader Course is Barak ’ s most advance offer. Like the two above, it ’ second priced at $ 1,900 and comes with 15-hours of populate video training .
Some of the topics covered include :
- Trading according to game theory
- Trading small caps
- Using pivot points
- Using scanning software
- Using the technical amplifiers method
- Momentum trading
- Advanced trade methods with Bollinger Bands
Like the Star Trader Course, a combination with the Intro Program can be a beneficial. together you ’ ll gain fundamentals through the Self-Study Course and learn promote topics though the crown Trader Course .
The downside with the education Courses is – unlike the Funded Programs – there is no 14-day Full Money Back Guarantee .
Unlike the products above, the Weekly Mentorship Session is designed to offer personal one-on-one train to help you become a better trader. The broadcast begins by meeting Barak and his team, who customize a scheme to your experience level and skill .
Each workweek, mentors help you solve any questions or difficulties you have regarding the markets. The leverage besides includes access to the Tradenet deal room .
With the help of Barak and his team, you trade in real-time and they teach you techniques shown within the school term. The cost of the platform is $ 1,200 a calendar month and the team recommends a three calendar month subscription to achieve your full moon likely .
A Step up from Weekly Mentorship, Personal Coaching is a 10-hour broadcast customized specifically for you. The program costs $ 5,000 and includes five 2-hour sessions with a aged Tradenet coach and access to a Demo trade Account .
Plans are structured to :
- Spell out your edge
- Talk about risk and ways to manage it
- Discuss trading technique
- Establish a preparation routine
- Overcome issues with trading psychology
Like Weekly Mentorship, Personal Coaching is best for person in need of a draw of steering. If you ’ re far along in your trade career, the Funded Accounts and Education Courses will more than suffice .
Live Trading Chat Room
The live trading Chat Room comes with :
- live video and audio from Barak’s trading team
- real-time charts of stocks traded throughout the day
- member tips and trade ideas and
- live alerts of all executed trades.
A monthly subscription costs $ 399 a calendar month or $ 2,990 annually ( savings of $ 1,800 per year ). It includes a 14-day release trial, which gives you batch of meter to see if their experts are making the right moves .
With a dislodge trial, you can ’ deoxythymidine monophosphate go incorrect, so we think it ’ mho worth a look. Anyway, $ 399/month for a chat room entree is the most expensive price tag for a trade chat room that I have seen therefore far .
Ross Cameron ’ s Warrior Trading old world chat room and Nathan Bears Weekly Money Multiplier chat room are less expensive. They are besides two of the best trade courses. Both take between $ 100 and $ 150/month depending on the plan. But $ 399/month decidedly requires a very convincing free test period to proceed .
Tradenet Free Trial | Promo Code
Tradenet offers a 14-day free test for its live trading Chat Room and a 14-day Full Money Back Guarantee for its Funded Account Programs .
unfortunately, the department of education Courses do not come with free trials or a money back guarantee. The locate besides offers free deal video, a Tradenet Wiki and Market Reviews of both US stocks and european stocks and currencies .
- Founded: 2004
- Educators: Meir Barak, Scott Malatesta, Gil Paz, Michael Orevi, Amir Barak
- Number of members: 16,000+
- Company Phone Number: +44-20-36420372
- Free trial: 14-day free trial for the Live Trading Chat Room.
- Free resources: free trading videos, Tradenet Wiki, Market Review of both US stocks and European stocks and currencies.
- Coupons: Save with an annual subscription to the Live Trading Toom
- Money back guarantees: 14-day Full Money Back Guarantee for Funded Account programs.
- Price level: $500 to $9,000
- Verified income statements: no
Who is Tradenet Best For?
With such a wide kind of resources, the site has fabric for all skill levels. Tradenet offers a 14-day release test for its live trade Chatroom and a kind of a 14-day “ Full Money Back Guarantee ” for Funded Account programs .
however, as I line out in my Tradenet review summary, compared to their competitors, Tradnet is more expensive. besides, if the “ Full Money Back Guarantee ” is significant to you, then you should contact them first. Read more about his in the compendious .
Tradenet Review Summary
Combing through all the products, it ’ south easy to see Tradenet has a distribute to offer. From fund Account programs to Educational Courses to a hot deal Chat Room, Meir Barak and his team provide all one could think of. But as with Try Day Trading and Maverick Trading, the offerings are priced at the upper end. The 14-day money-back guarantees for the fund explanation programs sound solid, but again, the overall costs are fabulously high .
important : Read until the end, I revealed something curious about the money-back guarantee. If approved, Tradenet will personally fund a trade account for you which allows you to keep between 70 % -85 % of your winnings deoxyadenosine monophosphate long as you avoid a maximum drawdown. other fund deal bill providers offer a lot better payouts at much lower rates .
here are two thoroughly alternatives to Tradenet :
- TopStepTrader: TopstepTrader Review (Fututures Funded Trader Program ~$120/month)
- TopstepFX: TopstepFX Review (Forex Funded Trader Program ~$100/month)
besides, I noticed, that the eligibility for those fund trade accounts is lone mentioned in the overview section on their site, but not within the detail description pages for the “ Intro, Student, Expert and Pro-Programs. ”
then I did some further inquiry and noticed, that at the identical bed Tradenet states, that they lone provide a 14-day money-back guarantee policy “ for students that were not accepted to trade a secret investment fast funded explanation. ”
To me this sounds like that there is either a 14-day money-back guarantee OR the fund bill. therefore finally it seems that there is not very a money-back GUARANTEE for those products .
anyhow, the quintessence keeps the like ; the pricing tag is brawny. even the most expensive program, the “ Pro Program ” for $ 9,000 provides “ lone ” access to the different program components for durations between 2 and 12 months .
ultimately, I noticed Tradenet ’ s statement about the applicable law and judicial jurisdiction on their web site. For people from North America or Eastern Europe, the contractual collaborator is registered at Limasol, Cyprus .
- Tradenet is located in Limassol, Cyprus. The trading courses provided are expensive and can add up fast during the year. Other trading educators offer similar content for lower prices along with real-time trading.