You’re probably here because you heard about Tradera and wondering if it is a scam or a legit company? If so, you have come to the right place. In this review, I’ll go over all aspects of Tradera MLM, including its pros and cons. And I’ll give you my honest opinion so you can decide if it’s the right business opportunity for you. But before we get too deep.
This Tradera review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
Table of Contents
Pros: What I Liked
The cost of becoming an IBO is not expensive.
The company provides services and courses to help you learn how to trade.
Cons: What I Didn't Like
They only offer 3 day money back guarantee
The company is still on it's early stages.
It's an MLM.
Chances are you heard about Tradera because someone – a friend or family member – introduced you to the company. Maybe you attended an online workshop or webinar, or maybe an in-person information session. Your head’s probably spinning. This might be the first time you’ve heard about a real way to make money outside of a typical job. So first off, congratulations! You’ve just entered a whole new world...the world of making money on your own terms. However, you came in through the wrong door. Because Tradera is – plain and simple – an MLM. Throw whatever fancy name you want on it…multi-level marketing (MLM), network marketing (NWM), direct sales, or anything else, it’s the same concept: You pay some money upfront for the “opportunity” to sell products. The products are typically low-quality but with high price tags (because fancy labels and stuff). You’re told that the key to building your own successful business is selling these products to friends and family, and getting them on a subscription (so you get “monthly recurring revenue”).
Unfortunately, like most people who get taken in by these types of schemes, you’ll quickly discover that the well runs dry faster than you imagined.
After all, they make it sound really simple. “Just get 5 people you know onto this magic widget, and things will just grow from there.”
And in your head, you think “How hard can it be? I know plenty of people, 5 will be easy.”
But then you do it, and you realize people look at you like you’ve joined a cult. You’ve become “that person”, who joined an MLM, and is now trying to sell questionable products or services to everyone they meet.
It puts a strain on your relationships, and you end up stuck between two worlds.
But it’s not your fault. These companies spend millions of dollars each year figuring out exactly how to brainwash and recruit people. And that’s why we’re here.
To help you find a better way before it’s too late.
So, what if there was a way you could build a passive income stream that’s actually passive?
An income stream that doesn’t require:
- Selling to friends and family
- Selling to strangers
- Recruiting people
- Dealing with questionable products that weigh on your conscience
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day chasing, selling, or managing anything?
If that sounds like something you’d be interested in, check out Digital Real Estate.
This is nothing like MLM, and that’s probably a good thing.
However, if you’d still like to know more about Tradera, keep reading.
What Is Tradera?
Tradera is a forex Multilevel Marketing Company (MLM) founded by Kody Sell and Eastan Harris in December 2019. Tradera also features an academy where students may learn about forex, cryptocurrencies, stocks, and commodities. Also available are forex education, trade alerts, market forecasts, live trading sessions, fundamental analysis and a multi-level marketing referral program.
The CEO is Kody Sell, while the CFO is Eastan Harris. They are both 24-year-old forex traders.
These two allegedly managed a forex-related company named New Investments since 2015, but I couldn’t find any information online about it.
According to the “About Us” page on their Tradera.org website, the company is based in Dallas, Texas, where Eastan lives.
Tradera’s website advertises itself as a Financial Firm Specializing in Financial Services.
However, it appears that they did not pay much attention to their website. The design is terrible, unprofessional, and a total mess.
The comprehensive training platform covers several asset classes and takes traders from the basics to advanced institutional trading. Plus, a wide range of financial market education videos, quizzes, and homework assignments to help members learn more.
Tradera offers trade alerts from professional traders. There is also management information for each trade alert.
During the week, participants can participate in interactive trading webinars covering short-term biases and trade ideas across all major financial instruments. Live webinars are held during the New York, Asian, and London trading sessions.
All members receive weekly market forecasts. This is a recorded video of the company’s CEO or CFO discussing the week’s trading instruments using technical, fundamental, and subjective analysis.
Members receive weekly fundamental analysis. This includes current economic data and news affecting key asset classes.
Tradera reportedly arranges events to achieve its aims, vision, and mission. These events cover trade, leadership/marketing, networking, and volunteering. But this isn’t a product.
That’s all for the services/products that Tradera Forex offers. So, let’s learn how you can start making money with their compensation plan.
Tradera Compensation Plan
You must pay a $15 fee every 28 days to be an affiliate, commonly known as an IBO (Independent Business Owner), and make money by referring others.
To profit from the compensation plan, you must personally refer at least three persons.
Referrals will be assigned to one of your three legs.
To qualify for any level in Tradera’s referral compensation program, the IBO must have at least 55% of their downline members enrolled as retail clients. If a member owns an IBO package, he or she will not be considered a retail client.
Your rank will determine your earnings. You must have a set number of persons in each of your three legs to qualify for the ranks.
- Founder – Keep three premium members active on three legs. This entitles you to a free membership.
- Knight – keep 4 active premium members on your first leg, 4 on your second leg, and 2 on your third leg. Pays $125 weekly.
- Noble – keep 10 active premium members on your first leg, 10 on your second leg, and 5 on your third leg. Pays $250 weekly.
- Bishop – keep 30 active premium members on your first leg, 30 on your second leg, and 15 on your third leg. Pays $500 weekly.
- Duke/Duchess – keep 100 active premium members on your first leg, 100 on your second leg, and 50 on your third leg. Pays $1,250 weekly.
- Prince/Princess – keep 200 active premium members on your first leg, 200 on your second leg, and 100 on your third leg. Pays $2,500 weekly.
- King/Queen – keep 400 active premium members on your first leg, 400 on your second leg, and 200 on your third leg. Pays $5,000 weekly.
- Emperor/Empress – keep 1,000 active premium members on your first leg, 1,000 on your second leg, and 500 on your third leg. Pays $12,500 weekly.
- Legend – keep 2,000 active premium members on your first leg, 2,000 on your second leg, and 1,000 on your third leg. Pays $25,000 weekly.
How Much Does It Cost to Join Tradera?
- Affiliate Membership – Every 28 days it costs $15.
- Customer Membership – Every 28 days, the cost is $99.00.
Premium Membership – Every 28 days, the cost is $114.00. (including both affiliate and customer memberships)
How to join Tradera And Start Making Money?
To start earning money with Tradera, you must first become an affiliate member.
You can become an affiliate member in two ways. However, the best way to make money is to become a customer and an affiliate member for the same package level price.
The client membership fee will be paid monthly, and there will be special incentives for joining as a customer and affiliate.
You must maintain a monthly purchase on the Premium Membership in order to rank in the company.
The main way to advance in the company is to build a team, but this is slightly different from most standard MLM companies.
Building a team includes helping your team in sponsoring three persons. This way, their monthly membership fee is waived.
In addition, if they can get three people there within 28 days, they will receive a bonus of $150.
Each rank has three legs that you must grow with more active affiliate members to advance.
Any Network Marketing company’s compensation plan includes building a team.
Here’s a compensation plan chart that shows how each rank qualification looks:
The referral compensation plan is one of the most interesting aspects of the company because it is both highly profitable and straightforward.
Tradera’s compensation plan doesn’t have all of the features of a traditional MLM compensation plan, but in my opinion, the loss of these extra commissions is made up for by how much the compensation plan pays out in commissions.
You must first recruit three members to receive referral commissions within 28 days.
3 And Free Bonus
When you complete these three steps, you will be eligible for Founder rank, your monthly payment will be waived, and you will get a $150 bonus. (This was a one-time freebie that is no longer available)
If you get your three personally recruited members after your initial 28 days, you will still be a Founder and your monthly membership will be free, but you will not receive the bonus.
The 3 and free is only available for the Founder rank, however after you achieve the next rank, you will make more than enough to meet your monthly costs.
The residual commissions offered by Tradera are only available when you advance in rank.
Each level will provide you with a bigger residual income, and the increase is significant.
Here’s what you’ll get based on your rank:
- Founder – You will receive a free monthly membership if you qualify for this rank.
- Night – You will receive a free monthly membership if you qualify for this rank.
- Knoble – You will earn $250 every week if you qualify for this rank.
- Bishop – You will earn $500 every week if you qualify for this rank.
- Duke/Duchess – You will earn $1250 per week if you qualify for this rank.
- Prince/Princess – You will earn $2500 every week if you qualify for this rank.
- King/Queen – You will earn $5000 every week if you qualify for this rank.
- Emperor/Empress – You will earn $12500 every week if you qualify for this rank.
- Legend – You will earn $25000 every week if you qualify for this rank.
As seen in the products section above, Tradera offers forex education and signals to users, so you may begin learning how to trade in the forex market and earn even more money.
So, that’s all I’ve got for now on the Tradera opportunity’s money-making potential and compensation plan.
Is Tradera Legit Or A Scam?
So, is Tradera a scam?
Not technically. You can make money with this program, but it’s definitely not as easy as the company makes it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – the actual commissions are pretty small.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months and then your reward is a $50 commission, it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Real Estate.
And, unlike an MLM, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
Are There Alternatives to Tradera?
Yes, there are plenty of MLM companies to choose from if you want to pursue this business model. Here are just a few:
My Final Thoughts
Tradera is already dominating the forex trading market. All of this was accomplished despite having only been up for almost three years since it was established.
But, while Tradera is not a complete scam, it is a forex MLM that I do not recommend.
Plus, there are certain things to consider before joining Tradera, such as that forex trading requires years of experience and comes with many risks.
Even professional forex traders also lose money.
What Is My Top Recommendation For Making Money Online In 2022?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2) You Own & Control EVERYTHING: With MLMs and Network Marketing, you don’t really own anything. You have no control over the quality of products. You don’t even own your “team”.
Look at the fine print for most of the agreements folks sign when they join one of these companies. At any point, the company can change your commission structure, reduce your profit margins, or kick you out entirely.
With Digital Real Estate, you own the assets, which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) No Inventory: Alright, so most MLMs don’t make you buy the products and fill your garage with them anymore (unlike the good ol’ days), but you’re still in a physical products business. And physical products always have physical limitations. Even if you don’t have to manage the inventory, you still have to deal with supply chain shortages that cause major delays. Imagine finally landing your first customer, and then losing them after one sale because they had to wait 6 weeks to get their order. With Digital Real Estate, a 100% online business, you never even have to think about that risk.
5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call). Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier. Because you have more knowledge, more experience, more results, and more momentum. If you wanted to double your income with an MLM, you’d have to double your customers OR double the average order size of your existing customers. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. In an MLM, your “upline” might convince you that what you’re selling improves people’s lives, but deep down, you likely know that’s not true. Most of the time, you’re either selling a dream or a poor-quality, overpriced product with a fancy label, and that makes it pretty hard to sleep at night. With Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem. Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses. You make money by helping them make money. Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent. Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Tradera which could one day make you money. You could continue researching, never making a decision. You could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate. A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits. All while genuinely helping real people who are grateful and happy to pay for it. If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.