Day Trading Academy Review 2023
|By: Jeremy Biberdorf||Mar 01, 2023|
In a nutshell: Day Trading Academy is one of the many trading platforms online that claims to enable students to start making money trading stocks by learning the proper trading skills through its financial education programs.
Day Trading Academy’s services center around classes where you will learn about Marcello Arrambide’s unique style of trading, which should allow you to trade successfully without filling your trading charts with indicators.
However, claims like these are often revealed to be little more than scams in the long run. Is this true for Day Trading Academy, or is the platform a diamond in the rough? Keep reading through our Day Trading Academy review to find out!
|$Online trading academy||$2,997 - $8,997||None|
- Access to mentors
- Free starter kit offered
- Financing available
- “Pro’s Room Access” is invite-only
- Lifetime prices not advertised
Day Trading Academy is best for…
Any type of trader, as the website offers service for everyone—from complete beginners to experienced traders—regardless of prior trading experience.
Whether you’re starting with the basics of day trading or want to brush up on the fundamentals of day trading, Day Trading Academy claims to have everything you’ll need.
Like many other websites, DTA has an entire page dedicated to displaying its various “successful traders”, which can be found under the reviews section. However, aside from DTA’s own website, it’s extremely hard to find any reviews worth reading, let alone ones that can be relied on for accuracy.
However, another one of owner Marcello Arrambide’s web services, SpeedupTrader, does have plenty of online reviews. And… many of them are not positive.
With phrases like “scam” and “stay away” showing up over and over again, we’d say this speaks volumes about Marcello’s trustworthiness.
What is Day Trading Academy?
Day Trading Academy is an online educational platform offering training courses and mentorship options to traders. Headed by Marcello Arrambide, this company has been around since June of 2010.
DTA focuses on teaching its students how to develop consistent trading habits using recommended financial instruments and trading style methods.
It’s worth noting that—unlike many other online educational services—DTA doesn’t try to sell you on a trading platform.
Features & Pricing
If you do decide to go with Day Trading Academy, you’ll have access to various modules that will teach you how to monitor the financial markets, perform technical analysis, and use different trading plans (such as Price Action Trading).
To help you get started, Day Trading Academy offers a free starter kit that contains a few different courses and resources. However, redeeming this offer requires providing both your email address and your phone number, which may subject you to a number of unwanted solicitations.
If you want a more in-depth explanation of how to navigate the day trading markets then you’ll need to pay for a premium membership. This is the point where everything goes downhill.
Understandably, they make the pricing extremely hard to find. In fact, we were only able to find pricing from Google: there didn’t appear to be any direct links on the website.
- Gold Achiever includes access to the basic curriculum, three months of structured coaching, three months of recap videos, and three months of access to the live trading room for $3,997.
- Diamond Elite offers all of the benefits of Gold Achiever but expands the access period to one year. You’ll also gain access to the Intermediate Curriculum and get a Pro Trader Seminar Ticket with this $7,997 offer.
- Military Training University gives you access to optimized indicators, the Basic curriculum, lifetime tech support, and the video library (all of which are included in the Gold Achiever plan).
You’ll get 50% off the price of a Pro Trader Seminar Ticket, but any additional courses or benefits—such as structured coaching—will be charged as an add-on. For some reason, this plan costs $10,997.
- Military Training is the top-tier plan offered by Day Trading Academy. It gives you lifetime access to all features, including the 1 week live trading seminar and Trader Center. However, Pro’s Room access still remains “invitation only”. This plan doesn’t have a price listed. Your only option is to “Inquire Now”.
Is Day Trading Academy Right for You?
As the platform has received extremely mixed reviews, is extremely expensive, requires a large time commitment, and the validity of the owner himself is questionable at best, we can’t confidently write a positive review nor recommend Day Trading Academy.
Fortunately, you do have other options! Check out some of our recommended alternatives below.
This powerful piece of trading software helps you find and execute profitable trades using the wheel strategy. Simply pay the one-time fee for lifetime access, boot up the program, and start making profitable trades!
Not ready to start trading just yet? PowerX Optimizer also has plenty of educational materials for you to look over, which should help you gain the confidence to start trading.
You can learn more about PowerX Optimizer by clicking here!
Offering online trading lessons, informative blog posts, instructional videos, and the opportunity to become a funded trader, Earn2Trade is an excellent way to get into futures trading with limited capital.
Offered as a monthly subscription, you can become a funded trader at your own pace with Earn2Trade. Click here to learn more about the process!
Like Earn2Trade, TopstepTrader offers various educational materials (daily live trading classes, group coaching, digital coaching, etc.) for traders to take advantage of while they work their way toward becoming a funded trader.
Focusing on day trading futures, TopstepTrader offers a 14-day free trial, multiple paths to funding, and instant access to a global community of traders. Click here to check out TopstepTrader!