Tradenet Review
Tradenet Review
Welcome to my Tradenet Review!
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Side Note: If you are looking for something a little faster paced (options trading with a few days hold time) I suggest giving Nate Bears Profit Surge Trader a look here.
Nate Bear Turned $37k into $2.7MM in 4 years and now he is teaching YOU how to do it!
Tradenet is an extensive trading education platform. It’s hard to find a service that is more extensive! They have so many courses and chat rooms for any type of trading style that you can imagine.
The first time I came across Tradenet – I didn’t get a very good impression. Some crazy European guy talking about how you can trade their capital…..it was a little scammy sounding to say the least.
Side Note: Come and join our stock trading alerts Facebook group (How To Make Money With Stock Alerts Services)! We also have a Stock Alerts Reviewed YouTube channel which we hope are helpful.
As a new trader it’s helpful to be part of a community of traders so you don’t feel you are battling the market alone!
Bullseye Trades: Best Alerts Service
Every Monday at the market open, Jeff sends you his weekly Bullseye Trade.
2022 has been AMAZING for these Bullseye Trades!
(+50% to 300% per week in my experience)
LEARN HOW TO WIN 90% OF YOU TRADES IN 90 SECONDS!
>> CLICK HERE TO LEARN MORE! <<
Bullseye Trades: Best Alerts Service
Every Monday at the market open, Jeff sends you his weekly Bullseye Trade.
2022 has been AMAZING for these Bullseye Trades!
(+50% to 300% per week in my experience)
What is Tradenet?
Tradenet was founded by Meir Barak in 2004. The platform has more than 10,000 students and growing fast. They have been marketing hard over the last few years and have rapidly become one of the biggest trading sites out there.
They are focused on teaching trading strategies. They offer coaching and courses and everything in between.
Tradenet is unusual in that they are not based in the US. They are located in Limassol in Cyprus.
Side Note: If you are looking for something a little faster paced (options trading with a few days hold time) I suggest giving Nate Bears Profit Surge Trader a look here.
Nate Bear Turned $37k into $2.7MM in 4 years and now he is teaching YOU how to do it!
About Meir Barak
Meir Barak is the founder and main trader at Tradenet. Here is Meir. He has a thick European accent.
Meir is a full-time day trader. He wrote a best-selling book called “The Market Whisperer”. He has appeared in all of the major financial press outlets on TV etc.
Not a whole lot is known about Meir outside of trading. It appears that he founded a few startups in the IT field. He is married with kids and dedicates his time to trading and teaching others.
What Services Does Tradenet Offer?
These guys really offer a variety of services. They have 7 different education courses, live chatroom, onsite training and 4 funded account programs.
Introduction Program
Tradenet’s Introduction Program is made for beginners. The price $500 and it includes everything you will need to learn to start trading.
You get a year access to the course and 1 month access to the live trading chat room. You also get Meir’s The Market Whisperer book and a demo trading account.
Self-Study Course
There are lots of training videos and interactive lessons in the self-study course. It seems well organized and comprehensive. It reminds me of Humbled Trader Academy. It is really basic and if you have any trading experience you will probably not get much value from it.
The chat room is typical of most trading rooms. There are lots of other traders that you can follow and learn from.
One of the most interesting features is the demo trading account.
Simulated trading is pretty important if you don’t want to lose all your capital in the learning curve! Enrolling in the demo trading account program allows you to apply for the Tradenet Funded account (where you can trade $15,000 of their capital).
Bullseye Trades: Best Alerts Service
Every Monday at the market open, Jeff sends you his weekly Bullseye Trade.
2022 has been AMAZING for these Bullseye Trades!
(+50% to 300% per week in my experience)
LEARN HOW TO WIN 90% OF YOU TRADES IN 90 SECONDS!
>> CLICK HERE TO LEARN MORE! <<
Side Note: If you are looking for something a little faster paced (options trading with a few days hold time) I suggest giving Nate Bears Profit Surge Trader a look here.
Nate Bear Turned $37k into $2.7MM in 4 years and now he is teaching YOU how to do it!
Tradenet Funded Accounts Program
This is one of the most unique features of this program. Imagine being able to trade someone else’s money…..
The Tradenet team vet the applicants and if you pass their scrutiny, they will find a trading account with more than $10,000 for you to trade with. They even offer to let you keep 70% of the winnings! There are some criteria though. For example, you have to have less than a $700 draw down.
It’s important to remember that in order to qualify for any of the funded account programs – you have to pay Tradenet. This minimizes the risk for them – even if you lose the max amount of money allowable, they still make a profit (I think!).
They offer a 14 day money back guarantee on the funded programs.
Tradenet Student Program ($3,000)
When you buy the Tradenet Student program you get the training intro course as well as a month of weekly mentorship. Whatever ‘mentorship’ means.
You also get the Star Trader Course for three months. This course sells for $1,900 by itself. It has 12+ hours of training videos.
The main attraction for joining the Student Program is that you can apply to have an $80k account funded for you – where you keep 70% of the profits from trading that account.
I’m not entirely sure what the mentorship part of this adds – except it increases the cost by $600 compared to buying the Star Trader course and intro program alone.
The next level up is the Expert Program.
Tradenet Expert Program
This is the next level up – you pay $6,000 for access to the Tradenet Expert Program.
You get access (well you are eligible to apply to gain access) to a $160,000 funded account and keep 80% of your profits. You also get everything in the Student Program and an additional course called the Global Market course for three months.
Tradenet Professional Program
So, you are probably seeing a pattern here. As you go up the ladder of programs, you get everything in the lower programs PLUS something new and exciting.
Well, when you buy the $9,000 Professional Program you get access to everything that Tradenet has for sale. You get everything up to this point and then a final course called The Top Trader course.
You also become eligible for access to a $240k funded trading account. You get to keep 85% of your profits! If you can actually trade well – this could be a pretty cool deal.
Side Note: If you are looking for something a little faster paced (options trading with a few days hold time) I suggest giving Nate Bears Profit Surge Trader a look here.
Nate Bear Turned $37k into $2.7MM in 4 years and now he is teaching YOU how to do it!
The Big Question: What is the CATCH!?
This sounds too good to be true, right? I mean if you pay them $9k you get access to $240k of trading capital. If you make 10% your first month that is $24k profit….most of which you keep for yourself.
Basically, the more you pay the more capital you will have access to.
You do get access to the courses but these are not lifetime purchases – access to most of the courses expire in a few months.
From what I can gather, you are not guaranteed to be approved for the funded accounts – which would be a real bummer if you paid $9k then got denied.
I would read the fine print etc. before signing up for anything they offer.
LEARN HOW TO WIN 90% OF YOU TRADES IN 90 SECONDS!
>> CLICK HERE TO LEARN MORE! <<
Tradenet Review: Live Trading Chat Room
You can buy the Tradenet courses and chat room access outside of the funded account programs. The chat room is pretty decent. You get live stream alerts via audio and video.
There are also a lot of other trade ideas from other members which can be useful.
The chat room is very expensive compared to competitors. It costs $399 per month but it does give you a 2 week free trial. That is fairly unusual in this industry.
However, I’m not going to pat $399 a month for a chat room!
Bullseye Trades: Best Alerts Service
Every Monday at the market open, Jeff sends you his weekly Bullseye Trade.
2022 has been AMAZING for these Bullseye Trades!
(+50% to 300% per week in my experience)
Tradenet Review: Conclusions
Overall, my Tradenet review has found that this company doesn’t offer that much value. The funded account services have me intrigued. The other stuff like the courses and chat room don’t interest me much though.
The cost for all of their offerings is on the high end and it’s hard to see how they are all that competitive.
Unfortunately, they seem to lack a bit of transparency when it comes to their money back guarantee. It only applies to people that ARE NOT APPROVED by them to trade a funded account.
The problem is that if you are approved, you don’t get a money-back guarantee! Given that you have to pay first….well, you can imagine how that could end.
I’m not impressed.
The bottom line is that this is an expensive site that is really only interesting because of their funded accounts. However, I would be very wary of them given that as I pointed out – the money-back guarantee seems a little ‘tricky’.
Who knows what happens if you signup for a funded account! You would need a lawyer to read the terms and conditions in my opinion.
Wesley
Side Note: If you are looking for something a little faster paced (options trading with a few days hold time) I suggest giving Nate Bears Profit Surge Trader a look here.
Nate Bear Turned $37k into $2.7MM in 4 years and now he is teaching YOU how to do it!
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