Eatradingacademy.com Reviews

Based on looking at the website, Eatradingacademy.com presents itself as an online platform focused on algorithmic trading education and tools, particularly through the use of “Expert Advisors” EAs or “trading robots.” The site aims to provide courses, ready-to-use EAs, and software to help users build their own automated trading strategies.

While the premise of mastering trading with technology might sound appealing to some, it’s crucial to approach such platforms with a healthy dose of caution, especially given the inherent risks and the speculative nature of trading, which can often involve elements akin to gambling.

Our faith guides us towards endeavors that are clear, transparent, and free from excessive speculation or interest riba, promoting honest and ethical earnings.

Therefore, it’s imperative to scrutinize whether such automated trading systems truly align with these principles or if they primarily contribute to a culture of quick gains without genuine effort or ethical considerations, which can be a slippery slope towards financial pitfalls.

This review will delve into various aspects of Eatradingacademy.com, examining its offerings, potential downsides, and alternative approaches for those seeking to build financial security through permissible means.

It’s essential to understand that any platform promoting high returns or automated “profitability” in volatile markets like Forex or crypto often carries significant risk, regardless of the tools or “robots” provided.

Instead of chasing speculative gains, a focus on stable, ethical investments, real asset ownership, and diligent, permissible business ventures is generally a more sound approach for long-term financial well-being.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Eatradingacademy.com Review & First Look

Upon an initial review, Eatradingacademy.com immediately positions itself as a hub for algorithmic trading, primarily centered around Expert Advisors EAs, often referred to as “trading robots.” The site highlights online courses, pre-built EAs, and tools for users to generate their own trading strategies without coding. This approach aims to simplify what is often perceived as a complex field, attracting both novice and experienced traders who are looking for automated solutions.

The Pitch: Automating Trading Success

Promises vs. Reality in Algorithmic Trading

While algorithmic trading tools can be sophisticated, they are not a guaranteed path to profit.

The website claims to offer “the best and most profitable Robots” and mentions using “Express Generator which generates 8000 new strategies per market every day,” processing them through “strict Acceptance Criteria and Monte Carlo validation.” This technical jargon sounds impressive, but it’s crucial to remember that past performance is not indicative of future results, especially in dynamic markets.

The allure of automated systems often overshadows the underlying risks of market exposure, technical glitches, and the potential for significant losses.

For those seeking true financial stability, real-world assets and ethical business practices often offer a much more grounded and dependable path than reliance on complex, automated trading algorithms that navigate inherently speculative domains. Panther-tech.io Reviews

Eatradingacademy.com Features

Eatradingacademy.com offers several features geared towards those interested in automated trading, primarily focusing on educational content and algorithmic tools.

Online Trading Courses

The platform emphasizes its online trading courses, which are advertised as “100% online” and designed to fit into a daily routine. These courses cover various markets, including Forex Algorithmic Trading, Crypto Trading, and Commodities Trading Gold/Silver.

• Course Content: The courses promise to teach “proven trading strategies” and include “Free Robots.” Examples of courses listed are:
  • “Forex Algorithmic Trading Courses EAs + 100 EURUSD Trading Strategies”: Advertised for all levels, 15 lessons, with 2608 students.
  • “Professional Trading Strategies + 5 Bots Included”: Also for all levels, 38 lessons, with 8784 students.
  • “Automated Forex Trading Course + 99 Expert Advisors”: 15 lessons, 2922 students.
• Access and Updates: The site states that courses are structured with detailed lessons, attachments, and “trading robots,” which are “updated monthly.” They also offer a 30-day money-back guarantee if robots are not profitable, provided they are “installed and used as described.” This condition can sometimes be a point of contention for users seeking refunds.

Trading Robots Expert Advisors – EAs

A central component of Eatradingacademy.com’s offering is its collection of trading robots, or Expert Advisors EAs. These are automated programs designed to execute trades based on pre-defined rules.

• Proprietary EAs: The academy claims to “develop our own EAs” using a sophisticated process involving an “Express Generator” that creates thousands of new strategies daily, which are then put through “strict Acceptance Criteria and Monte Carlo validation.”
  • Forex Robots: They state they trade “the very best Forex Expert Advisors that are profitable in current market conditions.”
  • Crypto Robots: The site suggests crypto trading is “much easier with Trading Robots” and that it’s possible to “consistently make money” regardless of Bitcoin’s price direction, which is an extremely bold claim in volatile crypto markets.
  • Commodities Trading Robots: EAs for Gold XAUUSD and Silver XAGUSD are also highlighted.
  • Prop Firms Robot: They specifically mention an “FTMO robot” to help students pass prop firm challenges, claiming to help with the 98% failure rate.
• Third-Party EAs: The platform also reviews and tests “Top EAs from the MQL5 marketplace,” sharing their findings through videos and reviews.

EA Building Software

Beyond offering pre-built EAs, Eatradingacademy.com provides access to software that allows users to build their own trading robots without programming knowledge. This is a significant draw for those who want to customize their strategies.

• Expert Advisor Studio: This online tool allows users to “Generate and build Expert Advisors using the Historical data of your broker.” It’s described as an online browser-based tool for building “hundreds of EAs.”
• Forex Strategy Builder Pro FSB Pro: Touted as “the first backtester and strategy generator,” FSB Pro is described as having “the most advanced strategy options” for automating nearly any trading strategy.
• Express Generator: This “faster Offline Generator for Expert Advisors” is aimed at “pro traders” who use EA Studio or FSB Pro to automate their process with minimal system resources.

Community and Support

The platform also emphasizes community and support features: Gocarrental.is Reviews

• VIP Club: A “private community where professional traders share their insights, approaches, and experiences.”
• Forum: Users can “Join our ever-growing community, ask questions, meet fellow traders and learn from their experience.”
• Customer Support: They claim to “actively answer to all questions on our support Forum, YouTube channel, and all social media platforms.”

While these features aim to provide a comprehensive ecosystem for algorithmic trading, it’s crucial to reiterate that the underlying activities of Forex and crypto trading carry substantial risks, and any promise of consistent profitability, especially with automated systems, should be viewed with extreme caution.

The focus on “robots” and “generating money” can obscure the fundamental Islamic principle of earning through honest, productive work and real asset creation, rather than through speculative ventures that border on gambling due to their inherent uncertainty.

Concerns Regarding Eatradingacademy.com

While Eatradingacademy.com presents an array of tools and educational content for algorithmic trading, several significant concerns arise, particularly from an ethical and financial prudence perspective.

The Peril of Speculative Trading

• High Risk and Volatility: Markets like Forex and cryptocurrencies are notoriously volatile. Even with “Expert Advisors” and “proven strategies,” the potential for rapid and substantial losses is ever-present. The idea that “it does not matter where the current Bitcoin price is” for making consistent money with a “good EA” is a highly misleading assertion that downplays the inherent risks of these markets.
• Lack of Tangible Assets: Trading in these markets often involves speculating on price movements rather than investing in tangible assets or productive enterprises. Our faith encourages wealth generation through real economic activity, such as trade in goods and services, agriculture, or manufacturing, where value is genuinely created, rather than merely extracted from market fluctuations.
• Ethical Concerns: The emphasis on quick profits through automated systems can foster a mindset that bypasses the diligence and ethical considerations required for true wealth building. It encourages a reliance on complex, often opaque, algorithms rather than sound financial planning and ethical investment.

Over-Reliance on “Robots” and Automation

The heavy promotion of “Expert Advisors” EAs or “trading robots” as a primary path to success is a major red flag.

• False Sense of Security: EAs can create a false sense of security, leading users to believe that once the robot is active, profits will flow automatically. This removes the human element of critical decision-making, risk assessment, and adaptability, which are essential for navigating financial markets.
• Backtesting vs. Live Performance: While the site mentions “backtested and proven Expert Advisors” and “Monte Carlo validation,” backtesting on historical data does not guarantee future performance. Market conditions change, and a strategy that worked in the past may fail spectacularly in real-time trading. The “8000 new strategies per market every day” generated by their Express Generator sound impressive but highlight a quantity-over-quality approach, often without sufficient real-world validation.
• Complexity and Lack of Understanding: For many users, understanding how these complex algorithms truly work, or how to properly manage their risks, can be overwhelming. This creates a dependency on the academy’s tools and a vulnerability to potential losses that are not fully understood.

Misleading Claims and Guarantees

Some claims made on the website warrant scrutiny for their potential to mislead: Bluecotton.com Reviews

• “Consistently make money” with Crypto Robots: This is a particularly problematic claim given the extreme volatility and unpredictability of the cryptocurrency market. No system can genuinely guarantee consistent profitability in such an environment.
• “Prop Firms Robot” and 98% Failure Rate: While passing prop firm challenges is difficult, promoting a “robot” as a stress-free solution can create unrealistic expectations and potentially lead users to invest in something that may not deliver the promised results. The implication is that simply using their robot will overcome a documented high failure rate, which is an oversimplification of a complex challenge.
• “30-day money-back guarantee if robots are not profitable!”: While this sounds reassuring, the condition “if robots are not profitable!” and “installed and used as described” can be a loophole. Proving non-profitability under the exact conditions prescribed by the academy might be challenging for a user, potentially complicating refund claims.

In essence, while Eatradingacademy.com offers sophisticated tools, the very nature of what they promote—speculative, automated trading—carries inherent risks that are often downplayed. For Muslims, such activities raise ethical questions about gharar uncertainty and maysir gambling, making it crucial to seek more reliable and permissible avenues for financial growth.

Eatradingacademy.com Alternatives

For those seeking to build wealth or secure their financial future in ways that align with ethical principles and offer more stability than speculative trading, there are numerous beneficial alternatives to platforms like Eatradingacademy.com.

These alternatives focus on real economic activity, tangible assets, and ethical investment strategies.

Halal Investing and Ethical Funds

Instead of engaging in highly speculative markets, focus on investments that align with Islamic principles.

• Shariah-Compliant Equities: Invest in publicly traded companies that adhere to Shariah guidelines. This means avoiding companies involved in prohibited activities like alcohol, tobacco, gambling, conventional banking interest-based, and entertainment that promotes immorality. Many Islamic indices and ETFs exist, making it easier to identify and invest in such companies. Look for funds managed by reputable Islamic financial institutions.
  • Examples: Some funds focus on sectors like technology, healthcare, real estate, and consumer goods, provided the underlying businesses are permissible.
• Sukuk Islamic Bonds: These are Islamic financial certificates equivalent to conventional bonds but structured to comply with Shariah law. Sukuk represent an ownership interest in underlying assets or a project, rather than a debt obligation that accrues interest riba. They offer a way to earn returns from real economic activity.
• Real Estate: Investing in tangible real estate residential or commercial properties is a time-honored and generally permissible way to build wealth. Returns come from rental income or property appreciation, both tied to real assets and productive use.
• Ethical Mutual Funds/ETFs: Even outside of explicitly “Islamic” funds, many ethical and socially responsible investment SRI funds avoid problematic sectors and focus on companies with strong governance and positive societal impact, often aligning with broader Islamic values.

Permissible Business Ventures and Entrepreneurship

Building and growing a legitimate business is one of the most rewarding and Islamically encouraged paths to wealth. Acen-solar.co.uk Reviews

• Starting Your Own Business: Identify a need in the market and create a product or service. This involves real effort, innovation, and direct engagement in the economy. Examples include:
  • E-commerce: Selling permissible goods online e.g., modest fashion, halal food products, educational materials.
  • Services: Offering professional services like consulting, web development, graphic design, or teaching.
  • Crafts and Artisanship: Creating and selling handmade goods.
• Partnerships Musharakah and Mudarabah: Islamic finance offers models for partnerships where profit and loss are shared based on pre-agreed ratios. This encourages collaboration, shared risk, and mutual benefit in real business ventures.

Savings and Debt Management

A strong foundation of financial security begins with prudent savings and avoiding interest-based debt.

• Halal Savings Accounts: Opt for savings accounts that do not involve interest riba. Some Islamic banks offer profit-sharing investment accounts PSIA where returns are generated from permissible investments.
• Budgeting and Frugality: Develop a solid budget to manage expenses, reduce waste, and prioritize savings. Living within one’s means and avoiding excessive consumption are core Islamic teachings.
• Debt Avoidance: Prioritize paying off any existing interest-based debt like credit cards or conventional loans as quickly as possible. For necessary financing, seek Shariah-compliant alternatives like Murabaha cost-plus financing or Ijara leasing.

Skill Development and Career Advancement

Investing in oneself through education and skill development can lead to significant career growth and increased earning potential.

• Formal Education: Pursue degrees or certifications in fields with high demand and ethical applications e.g., technology, healthcare, engineering, education.
• Vocational Training: Acquire practical skills that are in demand, such as coding, digital marketing, data analysis, or trades.
• Continuous Learning: Stay updated in your field, attend workshops, and seek mentorship. This proactive approach to career development often yields better returns than speculative market activities.

By focusing on these permissible and tangible avenues, individuals can build a robust financial foundation that is both ethical and resilient, aligning with Islamic teachings on wealth acquisition and economic activity.

Eatradingacademy.com Pricing

Based on the information available on the Eatradingacademy.com website, the pricing structure revolves around their online courses and access to their Expert Advisors EAs and EA building software. It appears that courses are purchased individually, and there might be separate or bundled offerings for the EAs and software.

Course Pricing Examples

From the snippets seen on the homepage, individual course prices are listed: Radiatoroutlet.co.uk Reviews

• “Forex Algorithmic Trading Courses EAs + 100 EURUSD Trading Strategies Monthly”: Priced at €200.00.
• “Professional Trading Strategies + 5 Bots Included”: Priced at €150.00. This course specifically highlights that 5 bots are included, suggesting value within the course package.
• “Automated Forex Trading Course + 99 Expert Advisors”: Also priced at €200.00. This one explicitly states 99 EAs are included, which might seem like a large quantity for the price.
• “MetaTrader Robots course + 12 Weekly EAs”: Priced at €180.00.

These prices are in Euros, indicating a potential European base or international targeting.

The inclusion of “bots” or “Expert Advisors” directly within the course price suggests that purchasing a course grants access to these automated tools.

EA Building Software Pricing

While specific prices for the EA building software Expert Advisor Studio, Forex Strategy Builder Pro, Express Generator are not explicitly detailed in the provided snippets, the website implies they are either:

• Bundled with higher-tier courses: The phrase “Once you complete a few courses, you can easily decide to upgrade with any of the EA Builders” suggests an upgrade path or separate purchase for these tools.
• Separate subscriptions/purchases: It’s common for such advanced software to be offered on a subscription model or as a one-time purchase.

“VIP Club” and Other Potential Costs

The mention of a “VIP Club” also suggests a potential premium membership or subscription model that offers additional insights and community access, likely incurring another recurring cost beyond the individual course purchases.

Money-Back Guarantee

Eatradingacademy.com offers a “100% money back guarantee” for “Online Courses, Trading Robots and EA Builders” if the robots are “not profitable!” within 30 days. This guarantee comes with the condition that the robots must be “installed and used as described.” This condition is important to note, as proving non-profitability under their specific usage guidelines could be complex for users. Premiumlogoexperts.com Reviews

Overall Cost Consideration

The total cost for a user could range from a single course purchase €150-€200 to significantly more if they opt for multiple courses, the “VIP Club,” and separate access to the advanced EA building software.

While these prices might seem reasonable for extensive trading education and tools, it’s crucial to weigh the cost against the inherent risks of the speculative activities they promote.

The promise of “free robots” or “99 Expert Advisors” might seem like a bargain, but the true cost comes from potential losses incurred if the automated trading strategies fail in live market conditions.

From an ethical finance perspective, investing heavily in tools for highly speculative activities, regardless of the initial cost, carries the risk of misallocating resources that could otherwise be directed towards more stable, permissible, and productive investments.

Eatradingacademy.com vs. Other Trading Education Platforms

When evaluating Eatradingacademy.com, it’s useful to compare it with other types of trading education platforms to understand its unique positioning and potential shortcomings, especially from an ethical perspective. Bkstickers.com Reviews

Most online trading education falls into a few broad categories: fundamental analysis, technical analysis, specific market focus, and automated/algorithmic trading.

1. Fundamental Analysis Focused Platforms

• What they offer: These platforms emphasize understanding the intrinsic value of assets stocks, businesses, commodities by analyzing economic indicators, company financials, industry trends, and geopolitical events. They teach users to make informed decisions based on long-term value, rather than short-term price fluctuations.
• Contrast with Eatradingacademy.com: Eatradingacademy.com primarily focuses on short-term automated strategies and price movements technical analysis and algorithmic execution, with less apparent emphasis on fundamental economic drivers or the underlying value of the assets being traded.
• Ethical Alignment: Generally align better with Islamic finance principles as they encourage informed investment in real economic activity, focusing on value creation rather than mere speculation. Examples might include platforms teaching value investing or long-term equity analysis.

2. Technical Analysis Focused Platforms

• What they offer: These platforms teach traders to predict future price movements by studying historical price charts and volume data. They rely on indicators, chart patterns, and statistical analysis to identify trading opportunities.
• Contrast with Eatradingacademy.com: Eatradingacademy.com incorporates technical analysis principles, but primarily through the lens of automating those strategies with Expert Advisors. While Eatradingacademy.com teaches how to build algorithms based on these principles, other platforms might focus more on manual trading decisions based on chart interpretation.
• Ethical Alignment: While not inherently impermissible, if used for short-term speculation day trading, high-frequency trading without genuine ownership or productive purpose, it can border on maysir gambling due to excessive gharar uncertainty and the focus on predicting short-term market whims.

3. Specific Market Focus Platforms e.g., Stock Investing, Options Trading

• What they offer: These platforms dive deep into particular markets, like stocks, options, futures, or even niche markets. They provide specialized knowledge, strategies, and risk management specific to that market.
• Contrast with Eatradingacademy.com: Eatradingacademy.com covers multiple speculative markets Forex, Crypto, Commodities but centralizes its approach around algorithmic trading tools rather than deep, fundamental market knowledge for each.
• Ethical Alignment: Varies greatly by the market and specific strategies taught. Stock investing in Shariah-compliant companies for the long term is permissible, but highly leveraged options or futures trading can be problematic due to gharar and potential for riba if margin trading is involved.

4. Automated/Algorithmic Trading Platforms Competitors to Eatradingacademy.com

• What they offer: Similar to Eatradingacademy.com, these platforms provide tools, courses, and sometimes ready-made algorithms for automated trading. They often focus on backtesting, strategy development, and bot deployment.
• Key Differentiators: Competitors might offer different programming languages e.g., Python for algo trading, cloud-based backtesting infrastructure, or a wider range of market integrations. Some might have more transparent track records or different pricing models e.g., performance fees, flat subscriptions.
• Ethical Alignment: This is where the biggest concern lies. Any platform heavily promoting automated trading in speculative markets Forex, Crypto faces the same ethical challenges as Eatradingacademy.com regarding gharar and maysir. Many popular platforms in this space, while technologically advanced, encourage activities that are not aligned with ethical finance principles. It’s crucial to identify if they promote excessive leverage, short-term speculation, or reliance on “black box” algorithms rather than understanding underlying assets.

In summary, Eatradingacademy.com distinguishes itself by its emphasis on pre-built EAs and no-code EA builders, simplifying access to algorithmic trading across volatile markets. However, this focus also highlights its primary ethical concern: the promotion of highly speculative, automated trading activities that can resemble gambling due to excessive uncertainty and the lack of tangible productive output.

For those seeking to build wealth responsibly, platforms that emphasize fundamental analysis, long-term ethical investing in real assets, or building genuine businesses would be far more aligned with sound financial prudence and Islamic principles, offering more sustainable and permissible pathways to financial well-being.

How to Cancel Eatradingacademy.com Subscription

While Eatradingacademy.com does not explicitly advertise a subscription model for all its core offerings courses are seemingly one-time purchases, though “VIP Club” or software access might be subscriptions, the refund policy is the most relevant mechanism for potential cancellation or exit if a user is dissatisfied.

Understanding the Refund Policy

The website clearly states:
“100% money back guarantee All of our Online Courses, Trading Robots and EA Builders come with a 30-day money back guarantee if robots are not profitable! Should you test any of our robots, install and use them as described and find that they do not perform profitably in the first 30 days, you are welcome to contact us for a full refund.” Familylawdecisions.co.uk Reviews

This implies that if a user wishes to “cancel” their engagement because the “robots are not profitable,” they should pursue a refund within 30 days.

Steps to Pursue a Refund/Cancellation Based on their policy:

1. Identify the 30-Day Window: Ensure you are within 30 days of your purchase date for the specific course, robot, or EA builder you wish to get a refund for. Mark your calendar upon purchase.
2. Document Non-Profitability: This is the crucial and potentially challenging part. The policy states “if robots are not profitable!” and “installed and used as described.” This means you would likely need to:
   • Demonstrate Usage: Show that you have installed and used the robots/EAs exactly as per their instructions, including any recommended settings, minimum capital, or specific broker requirements. Keep records of your trading activity.
   • Prove Non-Profitability: Provide clear evidence e.g., trading statements from a demo account or a live account if you used one that the robots did not generate a profit during the 30-day period. This might require careful tracking of trades executed by the EA.
3. Contact Support: The policy states, “you are welcome to contact us for a full refund.”
   • Preferred Channel: They mention support through their “Forum, YouTube channel, and all social media platforms.” It’s advisable to use a direct contact method like an email support address if available on the site’s contact page or their dedicated support forum for formal communication.
   • Provide Details: Clearly state your request for a refund, your purchase details order number, date of purchase, product name, and the evidence of non-profitability and adherence to their usage instructions.
4. Follow Up: If you do not receive a prompt response, follow up consistently through the chosen communication channel.

Important Considerations:

• “Installed and used as described”: This clause can be a point of contention. Ensure you have followed every instruction meticulously, as any deviation could be used to deny a refund.
• Demo vs. Live Accounts: While the refund policy doesn’t specify, it’s generally safer to test such robots on a demo account initially to avoid actual financial loss. If you use a live account, the losses are real, and the refund only covers the product purchase, not your trading losses.
• What Constitutes “Not Profitable”? The definition of “profitable” can be subjective. Does it mean zero profit, or a net loss? Clarify this if possible before initiating a refund request.

For any ongoing subscriptions like the VIP Club, if applicable, you would need to find the specific cancellation instructions within your account dashboard or contact their support directly.

However, the primary “cancellation” mechanism for their core products appears to be tied to their 30-day profitability guarantee.

Eatradingacademy.com Security and Data Privacy

When considering any online platform, especially one involving financial tools and potentially personal data, understanding its security measures and data privacy practices is crucial.

While Eatradingacademy.com doesn’t explicitly detail every aspect of its security infrastructure on its homepage, we can infer some general practices and highlight what to look for. Usebraintrust.com Reviews

Website Security SSL/TLS

• Presence of HTTPS: A fundamental security measure for any website is the use of HTTPS Hypertext Transfer Protocol Secure. This means the connection between your browser and the website is encrypted, protecting data exchanged like login credentials, payment information from eavesdropping. The presence of a padlock icon in your browser’s address bar confirms this.
• Eatradingacademy.com: Based on common web practices, it’s highly likely that Eatradingacademy.com uses HTTPS, particularly for its account login and payment pages. If it doesn’t, that would be an immediate major security concern.

Payment Security

• Payment Gateways: When you make a purchase on Eatradingacademy.com, your payment is typically processed through a third-party payment gateway e.g., Stripe, PayPal, or a bank’s merchant service. Reputable gateways use strong encryption and security protocols like PCI DSS compliance to protect your credit card details.
• Direct Card Handling: It’s generally safer if the website itself does not directly store or process your full credit card information but rather passes it securely to a PCI-compliant gateway.
• What to Look For: During checkout, verify that the URL switches to a secure payment gateway’s domain or that the padlock icon remains present and valid.

User Account Security

• Password Policies: A secure platform should encourage or enforce strong password policies e.g., minimum length, use of mixed characters.
• Multi-Factor Authentication MFA: Ideally, any platform dealing with financial tools should offer or require Multi-Factor Authentication e.g., a code sent to your phone for an added layer of security against unauthorized access, even if your password is compromised. It is not explicitly stated on the provided homepage text if they offer this.
• Account Monitoring: Reputable platforms often have systems in place to detect suspicious login attempts or unusual activity.

Data Privacy What Information They Collect

While a detailed privacy policy would provide specifics, platforms like Eatradingacademy.com typically collect:

• Personal Identifiable Information PII: Name, email address, potentially country, and billing address for account creation and purchases.
• Usage Data: Information about how you use the website and its features e.g., courses accessed, pages visited. This helps them improve services.
• Payment Information: Handled by payment gateways, though some transactional details like purchase history would be stored.

Data Storage and Retention

• Secure Servers: Data should be stored on secure, encrypted servers, protected by firewalls and access controls.
• Data Retention Policies: A good privacy policy outlines how long they retain user data and under what circumstances it is deleted.

Privacy Policy and Terms of Service

• Availability: A reputable website will have clearly accessible links to its Privacy Policy and Terms of Service or User Agreement in the footer. These documents detail how your data is collected, used, stored, and shared.
• What to Read: Always review these documents to understand:
  • What data is collected.
  • How it’s used e.g., for service provision, marketing, analytics.
  • If and how it’s shared with third parties.
  • Your rights regarding your data e.g., access, correction, deletion.
  • Their stance on selling user data.

Without direct access to their privacy policy, it’s difficult to give a definitive assessment.

However, generally, for any platform that offers financial education or tools, users should look for robust security measures, transparent data handling practices, and a clear, accessible privacy policy that prioritizes user data protection.

The more sensitive the information or the financial implications, the more stringent these expectations should be.

Frequently Asked Questions

What is Eatradingacademy.com?

Eatradingacademy.com is an online platform that provides education and tools for algorithmic trading, primarily focusing on using Expert Advisors EAs or “trading robots” for markets like Forex, cryptocurrencies, and commodities. Littlestuff4u.com Reviews

They offer online courses, ready-to-use EAs, and software to help users build their own automated trading strategies without coding.

Does Eatradingacademy.com offer free trading robots?

Yes, Eatradingacademy.com states that their trading courses include “Free Robots” and that these robots are “updated monthly.” Specific courses mention varying numbers of EAs included, such as “99 Expert Advisors” with one course.

Is algorithmic trading permissible in Islam?

Algorithmic trading, when it involves highly speculative activities, leverage, and short-term gains on volatile markets without genuine ownership of underlying assets or clear value creation, raises significant concerns regarding gharar excessive uncertainty and maysir gambling, which are impermissible in Islam. It’s generally best to avoid such highly speculative ventures and instead focus on ethical, tangible investments.

What types of markets do Eatradingacademy.com’s robots trade?

Eatradingacademy.com offers trading robots for Forex, cryptocurrencies like Bitcoin, and commodities such as Gold XAUUSD and Silver XAGUSD.

Does Eatradingacademy.com provide a money-back guarantee?

Yes, Eatradingacademy.com offers a 100% money-back guarantee on its online courses, trading robots, and EA builders. Onecom.co.uk Reviews

The guarantee is valid for 30 days if the robots are “not profitable!” and have been “installed and used as described.”

How do I cancel my Eatradingacademy.com subscription or get a refund?

To pursue a refund for Eatradingacademy.com’s products, you must do so within 30 days of purchase, demonstrating that the robots were “not profitable” and that you “installed and used them as described.” You would need to contact their support through their forum or other stated channels with evidence of non-profitability.

For any ongoing subscriptions like a VIP Club, direct cancellation via your account or customer support would be necessary.

What are Expert Advisors EAs in trading?

Expert Advisors EAs, also known as trading robots, are automated software programs that run on trading platforms like MetaTrader to execute trades based on predefined rules and algorithms, without human intervention for each trade.

Can I build my own trading robots with Eatradingacademy.com?

Yes, Eatradingacademy.com provides software tools like “Expert Advisor Studio,” “Forex Strategy Builder Pro,” and “Express Generator” that allow users to generate and build their own trading robots without requiring programming knowledge. Laelectrical.com Reviews

Are the trading strategies taught by Eatradingacademy.com “proven”?

Eatradingacademy.com claims to teach “proven trading strategies” and uses “backtested” Expert Advisors.

However, it’s crucial to remember that past performance and backtesting results are not guarantees of future profitability in live market conditions, which are inherently dynamic and unpredictable.

What is the “VIP Club” at Eatradingacademy.com?

The “VIP Club” is described as a private community within Eatradingacademy.com where professional traders share their insights, approaches, and experiences to help members navigate the markets.

It likely offers exclusive content or direct access to mentors.

What are the main concerns about Eatradingacademy.com?

The main concerns include the promotion of highly speculative trading activities Forex, Crypto that carry substantial risk and can border on gambling due to excessive uncertainty. Airportcanaveral.com Reviews

There’s also concern about over-reliance on “robots” that may create a false sense of security, and potentially misleading claims about consistent profitability in volatile markets.

Are there ethical alternatives to Eatradingacademy.com for financial growth?

Yes, numerous ethical and permissible alternatives exist for financial growth, including halal investing Shariah-compliant equities, Sukuk, real estate, establishing and growing permissible businesses, prudent savings and debt management, and investing in skill development and career advancement.

These focus on real economic activity and tangible assets.

How much do Eatradingacademy.com courses cost?

Eatradingacademy.com courses typically range from €150.00 to €200.00 per course, with some including a specific number of Expert Advisors EAs in the price.

Does Eatradingacademy.com offer support to its students?

Yes, Eatradingacademy.com states that it actively answers questions on its support forum, YouTube channel, and all social media platforms, aiming to support its students in their trading journey. Highlandbroadband.com Reviews

Is it safe to provide personal information on Eatradingacademy.com?

Like any online platform, Eatradingacademy.com should ideally use HTTPS for secure connections and reputable third-party payment gateways to protect personal and payment information.

Users should always check for the padlock icon in the browser and review the site’s privacy policy before providing sensitive data.

Can Eatradingacademy.com help me pass prop firm challenges?

Eatradingacademy.com claims to offer a “Prop Firms Robot,” specifically an “FTMO robot,” to help students pass prop firm challenges, stating that it can make the process “quicker and stress-free” and help overcome the high failure rate.

However, success is never guaranteed in such endeavors.

What is the “Express Generator” mentioned by Eatradingacademy.com?

The “Express Generator” is described as a fast offline generator for Expert Advisors that helps professional traders automate their strategy development process using minimal system resources, complementing EA Studio or FSB Pro. Optuma.com Reviews

How many students has Eatradingacademy.com served?

Eatradingacademy.com claims that “over 100,000 students have chosen Trading Academy to advance their skills and reach their trading goals.”

Do the trading robots work on all platforms?

While the website mentions MetaTrader in its “MetaTrader Robots course,” the general compatibility of their EAs and EA builders with all trading platforms is not explicitly detailed.

Expert Advisors are primarily designed for specific platforms, most commonly MetaTrader 4 MT4 or MetaTrader 5 MT5.

What should I consider before investing in automated trading systems?

Before investing in any automated trading system, consider the inherent risks of speculative markets, the potential for significant financial loss, the ethical implications especially regarding gharar and maysir, the lack of control over automated decisions, and the difference between backtested performance and real-world results. It’s often wiser to pursue more tangible and permissible financial ventures.

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