Welcome to my Tradera review.
In this review, we will take an in-depth look at Tradera and see if this company is legit or a scam.
We will also look at what this company has to offer and how their system works.
Throughout my review, there is no affiliate link to Tradera. This is because
I do not promote products that I don’t recommend. You can rest assured to get an honest and unbiased review from me.
This Tradera review will try to answer the following four questions. It should give you a clear understanding of Tradera and whether it’s worth your money.
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WHAT IS TRADERA?
Program Name: Tradera
Creator: Kody Sell
Price: $15 up to $99
Based on their website, it claims it’s a Forex education opportunity, where it will help you, and teach you how to make money on the Forex trading.
The company also claims to be an MLM company.
The owner of this company is Kody Sell and Eastan Harris. However, there is no detail about them just heir name and images.
So I took quick research about them on social media, and there is none, not even on Linkedin.
Are these two real people, or they just borrow other people’s names and claim it as their own.
We don’t, but for me, if I run a business, I’ll put some information on who I am and what I do so that people will know me not like other people just posting images and names without knowing who they are and what they have accomplished.
Now let’s move one and see what does this company has to offer.
HOW TRADERA REALLY WORKS?
On their website, they offer an education platform like Trading Academy, live Trading sessions, Market Forecasts, Trade Alerts, and Market Forcast.
They sell these services to retail customers and their IBO members.
The trade academy that they offer is about taking the person from step A to Z.
This training covers all the basics through to advanced trading techniques and strategies.
This platform will be formatted into a video so that everyone can follow and understand the topics that the training covers.
There will be are also quiz and homework assignments that are designed to test you on what you have learned on these courses and to make sure that you understand each topic.
Tradera offers Trade Alerts to its clients who have shared trade ideas from consistently profitable and experienced traders.
It is also where you will be sent out by experienced traders that will include take profit, stop loss, and management information.
This will ensure that all members will be up-to-date with all of the trader’s insights and tips.
Live Trading Sessions
Once you become a member, you can now participate in live trading sessions through webinars.
You’ll also see professional traders as they will trade in real-time.
The markets that they cover include New York, Asia, and London.
This one is a weekly update that includes current economic data and any important news that can affect any major asset classes.
The market forecast is where the owner will record a weekly analysis and share some technical and fundamental updates that you want to know once you start trading.
It also discusses any upcoming trading opportunities so that you can take advantage of them.
How Much Does It Cost?
Tradera affiliate membership is $15 every 28 days.
The purchase of the $99 client membership appears to be optional.
Founder ranked affiliates do receive a free Client subscription. However, this offer expires when they rank up.
Tradera Compensation Plan?
There are two ways that you can make money with Tradera, and those are:
- Referral Commissions
- Forex Commissions
To reach a higher rank, you need to maintain a monthly purchase on the Premium Membership.
The main aspect of increasing your company’s rank is by building a team, but this is a bit different from most of the MLM companies out there.
Also, you need to build a team and help them sponsor three people.
By doing this, their monthly membership will be free.
Also, if they can get there three people within 28 days, they can get a $150 bonus.
Each rank is based on 3 legs that you need to grow with more active members to qualify for a higher rank.
Building a team is very common in any Network Marketing company.
Now, here are the breakdowns on each rank that the company offers.
- Founder – To qualify for this rank, you need to maintain 3 active members on your downline.
- Night – To get qualified, you need to maintain 4 active members on your downlines, 4 on your 1st leg, also, 4 on your 2nd leg, and 2 on your 3rd leg.
- Knoble – You must maintain 10 active members on your first leg, 10 on your 2nd leg, and 5 on your 3rd leg.
- Bishop – Here, you must maintain 30 active members on your first leg to get qualified and also, 30 active members on your 2nd leg, and 15 on your 3rd leg.
- Duke/Duchess – Here, you must maintain 100 active members on your first leg, 100 members on your 2nd leg, and 50 members on your 3rd leg.
- Prince/Princess – To get qualified, you must maintain 200 active members on your first leg, 200 on your 2nd leg, and 100 on your 3rd leg.
- King/Queen – To get qualified, you must maintain 400 active members on your first leg, 400 on your 2nd leg, and 200 on your 3rd leg.
- Emperor/Empress – To get qualified, you must maintain 1,000 active members on your first leg, 1,000 on your 2nd leg, and 500 on your 3rd leg.
- Legend – To get qualified, you must maintain 2,000 active members on your first leg, 2,000 on your 2nd leg, and 1,000 on your 3rd leg.
The residual commissions only offered when you increase your rank.
Also, each rank will give you a higher residual income, and the increase is substantial.
Here’s what you will earn on each rank:
- Founder – You will earn a free monthly membership.
- Night – You will earn $125 per week.
- Knoble – You will earn $250 per week.
- Bishop – You will earn $500 per week.
- Duke/Duchess – You will earn $1250 per week.
- Prince/Princess – You will earn $2500 per week.
- King/Queen – You will earn $5000 per week.
- Emperor/Empress – You will earn $12500 per week.
- Legend – You will earn $25000 per week.
IS TRADERA SCAM OR LEGIT?
I can’t say if Tradera is a scam or not. That’s because there is no information about the owner like what he has done why he makes this company, and he’s a success.
It is very important to know who he is, not just image and name that look like it just grabbed on the internet and used it as you’re own, which is not.
Making sure 55% of an affiliate’s downline is retail customers is pretty good.
However, I don’t recommend joining this company if you plan to recruit and build a downline.
That’s because it’s going to be very hard for you to make money unless you already have a forex audience you can recruit from.
Also, on their product, I wouldn’t invest a lot until you test the results.
- Not so expensive
- Focus more on recruiting
- No detail information about the owner
- No income disclosure
IS THERE SOMETHING BETTER?
Now you know what Tradera is and what this company has to offer.
If you plan to invest, I suggest that you find a business worth investing in rather than joining a company like Tradera that there’s a chance that all your hard work will be gone.
If you plan to build a business and earn a full-time income where you can work from the comfort of your home, I recommend you check Affiliate Marketing.
This is the business model that I always recommend to beginners.
Affiliate marketing is really easy to get started, and the earnings potential is almost unlimited.
To get started with affiliate marketing the right way, all you really need is proper and high-quality training.
The training I have been using to build my online business and make a living out of it is a lot more complete. It covers all aspects of the business and teaches you all the best practice of the industry.
It will teach you how to build your online presence from the ground up. The training also emphasis on free organic traffic, which is the best source of traffic.
This will allow you to create a full-time income from your online business. What’s amazing is that once your online presence is built, it will continue to generate money for years to come. It is truly the passive income everybody is dreamed of.
Even though it covers everything you need to know about affiliate marketing, you will not be overwhelmed by it. There are step-by-step tutorials in every lesson. They are easy to follow no matter your skill level and previous experience.
Best of all, it is 100% FREE!
We’re not talking about a time-limited free trial here. You can remain a free member for as long as you want.
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Besides the top-notch training and free websites, you also get a chance to join an amazing community. These are like-minded people who are willing to help you, support you and most importantly inspire you.
This is to me the most important and valuable part. I have seen so many people putting in their hard work and give up right before they see the result. With the help of this community, you will gain the strength to push through hard times and eventually be rewarded.
So stop buying into hypes and looking for shortcuts, take your business seriously and take action TODAY!
If you have any question or thought as whether Tradera is a scam, feel free to leave a comment below and I will always reply!
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