The Grade Money is a development team that currently offers a Forex trading course, an expert advisor and a free telegram where they offer trade signals. The goal of the group is to “help people live better, do more and become financially free.” They want to contribute to the market by helping beginners better understand the process of growing wealth through trading, drop shipping and marketing. This is quite an odd intersection of topics, and certainly makes the service come across as a group of marketers, and not Forex traders. We will cover this, and much more in our review today, so you know if this is a viable service or not.
The creator of the services “Hamza,” an 18-year-old self-proclaimed entrepreneur that claims to have learned Forex at the age of 16 while he was in college. He tells us that he “racked in” huge numbers during college, and that he wants more people to “live the luxurious lifestyle,” which is why he has developed affordable Forex trading courses. There is no information on the location of the developer, but he can be contacted via the contact form on the website.
The Grade Money Review
My initial thoughts on The Grade Money services aren’t overwhelmingly positive. The story about Hamza making huge profits, and teaching himself how to trade Forex effectively in a single year comes across as far-fetched. It takes most traders many years to develop their trading skills, and have the ability to put that knowledge into a trading product. Sure, it’s possible that Hamza is just a genius, but based on the fact that this website is also catering to drop shipping, marketing and crypto, leads me to believe he is a salesmen first. This isn’t a major issue, as salesmen often have solid products to sell, but generally I prefer Forex products from real Forex traders, which I’m not sure Hamza is.
The website comes across as a catchall, and not focused enough on one topic.
- Type: Forex EA / Trading Course
- Price: £200 or £1,000
- Strategy: Martingale
- Trading Results: Not Provided
Depending on the package that you are interested in, the price varies from £200 for the trading course, and £1,000 for the expert advisor. These prices are quite high, so hopefully the vendor provides adequate proof that his products are viable.
Forex Trading EA
As part of the product line, The website sells a Forex expert advisor for £1,000. This system is martingale-based, and promises a profit of 50-80% per month, with a drawdown of 8-30%. The developer provides no other information about the expert advisor, but just goes into a brief explanation about what a Forex expert advisor is, and what benefits traders can expect from an automated trading product.
There is no verifiable proof, that the product performs as it does. The vendor is not providing any trading statements. Considering Hamza claims that the software is winning 50-80% per month, he should be able to provide us proof of that number via a Myfxbook account. You simply can’t compete with the Best Forex Robots in the market, when you don’t have verified results.
This EA is certainly overpriced, as the development team fails to deliver any real information about the product. It’s also worth noting that martingale EA’s are the most dangerous out of any strategy, which makes this a high risk trading product from the offset.
The £200 trading package by The Grade Money group provides traders with live trading webinars, video explanations, news updates, market movement updates and access to the community. Outside of these bullet points, the developers failed to provide any detailed information about the course, and their offerings.
The material provided by the vendor is lacking greatly. When selling a trading product, a vendor needs to check off multiple boxes in order to prove that the system is worth purchasing. These boxes are simply not checked off at all. Other Forex courses like Traders Academy Club, and Falcon Trading Guidance at least give some information about their offerings.
We don’t know what we are getting, and there is no proof that what we are getting can make us money.
The Grade Money website comes across as an incomplete sales project. There are multiple products, but none of them are explained in much detail, or provide any real proof. The vendor claims high winning trades, and tells us that he’s been winning in the Forex market since he was 16. If he wants us to recommend his products, that he’s going to need to show us his Myfxbook accounts, and prove that he is a successful trader like he claims to be.
Until then, if you have anything you want to add to the review, please comment now.
The Grade Money £200 or £1,000
- Price - 50%50%
- Strategy - 50%50%
- Trading Results - 50%50%
- Client Feedback - 60%60%
- Customer Support - 70%70%
No strategy insight