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Prosper Trading Academy Review: Fake Trading Education or Not?

Prosper Trading Academy Review

Are you interested in the world of stock and binary options trading? You might have heard of Scott Bauer, a veteran with over 30 years of experience. He is the name behind the trading company we are about to analyze today.

Let’s dive into our Prosper Trading Academy review for more info! Stick around!

General information
Name Prosper Trading Academy LLC
Type of company Trading Education
Regulation status Unregulated/Not expected
Warnings from Financial Regulators No official warnings
Website link
Active since 2017
Registered in Chicago, Illinois
Contact info [email protected], 800-764-7131
Trading platforms Web Terminal
Majority of clients are from United States, Canada, Singapore, Philippines, Czechia
Customer support Email and phone 
Compensation fund No

About Prosper Trading Academy

Prosper Trading Academy, founded by Scott Bauer, is an online platform aimed at boosting your trading skills. We can see that instructors talk about 75+ years of combined experience.

Moreover, the academy covers equities, options, futures, crypto, and forex in programs ranging from 3 months to 2 years.

Who is Scott Bauer?

So, what can we say about Scott Bauer? He is a trading industry stalwart who started as a clerk and became one of the highest-paid traders globally.

His success story is apparently rooted in unique strategies. What’s more, this earned him appearances on Fox Business, CNBC, and Bloomberg TV.

Overall, we have many doubts about this company. Keep in mind that there are numerous complaints from people online!

Tip: Did you know that AIMSCAP talks about affiliation with numerous financial authorities? However, a simple examination reveals these claims are unfounded. 

Can This Company Facilitate Earnings?

We saw that this company claims many things, but does it live up to expectations? The academy’s goal is to help students profit from financial markets through short-term strategies. This is what they claim at least.

Courses cover technical analysis, options trading, and futures trading. However, online complaints raise worries about the academy’s credibility. Many traders say that this program is a ripoff.

Tip: Now, what about the Prosper Trading Academy BBB accreditation? Yes, the company is accredited by the Better Business Bureau (BBB) since April 30, 2021. 

What’s Inside Prosper Trading Academy?

The academy offers courses that apparently suit the various needs of traders. Let’s take a closer look:

  • Options Volatility: Learn option pricing basics to fortify your portfolio against market fluctuations.
  • Penny Stocks: Explore strategies for minimizing potential losses in over-the-counter trading. Notably, this has a focus on short-term gains.
  • Short-Term Options: Master trading options quickly for profit in both rising and falling markets.
  • Momentum Stocks (E-Book, Free Download): You can get into stock trading basics through a comprehensive e-book. This one covers market entry, algorithmic trading, and trading psychology.
  • Cryptovault Newsletter: Here, it all comes down to all things crypto. Learn to master fundamentals, identify promising companies, and profit from market volatility.
  • Options Income & Long-Term Trading: You get to discover insider insights on managing options like a hedge fund manager.
  • Foundation Room: A learning hub for traders of all experience levels. Refine your skills, explore new strategies, and receive live instructions and feedback.

How Much Does Prosper Trading Academy Cost?

It’s time for us to talk about the Prosper Trading Academy cost. For those who prefer courses, pricing varies:

  • Momentum Stocks E-books: Free to download
  • Options Volatility: $499.99 for lifetime access
  • Penny Stocks: $4995 for 3 months of access
  • Short-Term Options: $4995 for 3 months of access
  • Cryptovault Newsletter: $1997 for lifetime access or $699/year
  • Options Income & Long-Term Trading: No information available for this one
  • Foundation Room: No information available

As you can see, this platform offers diverse courses. However, remember that thorough research and consideration are key to any investment.

Prosper Trading Academy Reviews on Trustpilot

Let’s talk about Trustpilot ratings now. This forex trading company managed to grab a solid 4.5-star rating from 267 users. This is indeed rather impressive!

Still, despite all of that, we should not forget about the few online complaints floating around. So, while the good sentiment is there, we’re keeping a balanced view. It’s all about weighing the pros and cons for a savvy decision.

In general, it’s a good call to stick with platforms with 4.5 stars and above. Safety in online trading should always be your priority!

Picking the Right Trading Education Firm

When choosing your ideal trading education platform, it’s a pivotal decision. Here’s a quick guide to help you find the ideal match:

  1. Understand Your Goals: Start by defining your trading goals. If you’re a beginner, go for platforms with fundamental resources and clear support. For pro traders, prioritize platforms with advanced analytics and better charting options.
  2. Check the Reputation: Explore platforms with positive reviews. Insights from others shed light on the strengths and weaknesses of a platform. Platforms approved by reputable institutions or experts often prove reliable.
  3. Prioritize User-Friendliness: Opt for a platform that’s easy to navigate. Test its search function and assess how effortlessly you can access information. Look for platforms with diverse learning formats, including videos and articles.
  4. Evaluate Customer Support: Responsive customer support is key! Choose a platform with a reliable support team capable of addressing your queries promptly.

Bonus: Earning Money Trading

So, are you ready to amp up your earnings through online trading? If so, we’ve got your back! Need advice? Make sure you contact us for free consultations regarding the best platforms on the market.

Now, dive into exciting opportunities with our new gig—proprietary trading. Partner up and open the door to potentially bagging up to $180,000. Let’s encourage your journey to profit town!

Tip: So, UFX claims it’s been in the game since 2010. Allegedly, the firm is owned by Reliantco Investments, a Cyprus investment firm. They got the nod from CySEC under license number 127/10 in 2010. But hold up, UFX has a history, and now they’re voluntarily saying bye to their trading license. What’s the deal with that? Read our blog post to find out! 

Final Words

After all, Prosper Trading Academy spills a mixed bag with a great Trustpilot rating and a dash of online grumbles. Our tip? Take your time weighing all aspects when choosing a trading platform.

And make sure you check out our exclusive offer. Test out our proprietary trading firm with a chance to get up to $180,000 in profits! Make wise moves for the ultimate trading experience. 


What is Prosper Trading Academy?

Prosper Trading Academy is an online learning platform for trading.

Is Prosper Trading Academy Legit?

Yes, according to Trustpilot reviews and BBB accreditation, this firm is legit.

How Much Does Prosper Trading Academy Cost?

The cost of Prosper Trading Academy varies, starting at $499.

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