LearnToTrade review: Pros, Cons and Traders Ratings

1.35 • 13 REVIEWS
Greg Secker Also learntotrade.co.uk
Updated: Mar 13, 2024
LearnToTradeGroup

Other websites of this company include learntotrade.co.uk.

1.35 • 13 REVIEWS

Recent User Reviews of LearnToTrade

S
skt24
Leeds , United Kingdom,
Mar 4, 2024,
Registered user

Smart Charts, Learn to Trade, Greg Secker - all connected

Service use: Live Length of use: 0-3 Months
PLEASE DO NOT BE CONNED BY THIS COMPANY
Connections
GREG SECKER, LEARN TO TRADE, CAPITAL INDEX

I first became interested in this company as they claimed to have a AI tool built into their software Smart Charts. This is plastered all over youtube. It's not AI, it's a group of human beings feeding patterns and price set ups into the software from autochartist and signal centre, two companies that they buy from. False advertising I am sure.
I parted with 17k and feel I am unlikely to receive a penny back from them. I initially paid 5k for a 3 day course which was interrupted by Gurdas with his 'sales pitch'. How much did I plan to trade with, how would I like to trade with 25k. You are led to believe that you will have access to this sum from day 1. They send you access to some groups via email, these groups don't make any sense because you're a novice at trading. Then they have you even if you decide its not for you, you've accessed their training and you're not entitled to a refund. The contract states you must achieve 3% profit for 3 consecutive months in order to receive the 25k company funded trading account, or an amount comparable to the initial fee paid. You put some more money into Smart charts whose only connected broker is Capital index (owned by Greg Secker). The spreads and overnight swap fees are not even competitive with other brokers, they're daylight robbery. Trades are often lost due to charges (all profit for Greg Secker).
You must have a monthly subscription to smart charts and fund a capital index broker account to try to achieve the 3% target. You have to gain the 3% using their strategies. The mentors I believe do know how to trade but certainly don't use the strategies provided by smartcharts. The strategies they provide are 1-1 risk to reward usually risking 2% capital. Lose a couple and its difficult to claw it back.
3 traders have found this review helpful
R
russellburton
South Coast, United Kingdom,
Feb 8, 2024,
Registered user

no refund

Service use: Live Length of use: over 1 Year
Recently I paid £5000 for a training course with smartcharts.net. I have no complaints about the three day course, which was very professional.
I was given the option of a company account, whereby I invest £5000 through Smartcharts into Capital Markets. They would match this £5000 and would share in any profits made and I would have access to all their trading tools. I paid the £5000.
I was encouraged to join the breakfast club, whilst waiting for the account to open. I was given the link for a number of days and I attended 5.
Within the 14 day cooling off period I decided it was not for me and cancelled the agreement.
I was told that because I had attended the breakfast club I could not cancel and I would forfeit the £5000 paid to open the Capital Markets trading account.
I received an email to this effect and was told the case was closed, no refund would be given and subsequent emails have been ignored.
Their email:
“You have used and accessed parts of your programme within the 14-day cancellation period and because of this, all prices paid will thereafter become non-refundable.

Please note that you have purchased advanced courses and additional coaching that would help you learn further in trading with a chance to trade a Company Funded Trading account worth £5,000 given that you have met the criteria stated in your contract.

Courses that you have attended within your programme:
• Breakfast Club, Mon 15th Jan 2024, 08:00, FX
• Breakfast Club, Tue 16th Jan 2024, 08:00, FX
• Breakfast Club, Wed 17th Jan 2024, 08:00, FX
• Breakfast Club, Thu 18th Jan 2024, 08:00, FX
• Breakfast Club, Fri 19th Jan 2024, 08:00, FX”

This is grossly unfair because:
I did not ask to be allowed to attend the breakfast club
I was not told I would forfeit the £5000 to fund the Capital Markets account if I attended
My account was never opened and therefore I could not benefit from any of the breakfast club webinars
This is appalling behaviour and is at best to stealing £5000. I’m sure Capital Markets too would be concerned about working so closely with a company that operates in this way.
2 traders have found this review helpful
L
LeDude
Watford, United Kingdom,
Nov 29, 2023,
Registered user

Just follow the rules and you'll be fine.

Service use: Live Length of use: over 1 Year
I first came across Greg when the company was known as Knowledge to Action. I paid my money, attended the live in-person course and went on to make some considerable gains using the tools I had been equipped with. Things took a downward turn when I altered my attitude towards risk management.

Personal circumstances dictated that I needed to take a break from trading for a while but I recently acquainted myself with the new system, attended a new set of training and went for the upgraded offer to get better signals through Smart Charts. Yes the brokerage is owned by Greg but you can use ANY broker you like. In fact there is no secret regarding brokerage ownership. The sessions that I attended were extremely candid about exactly how the broker / client relationship works, it just depends on whether or not you are listening to be honest. A considerable amount of time was spent explaining how many brokers / platforms dedicate a large portion of their budget to the classic "Churn and Burn" marketing techniques and how this is ultimately damaging for the business as a whole.

My package includes DAILY access to virtual trading rooms, mentoring, market monitoring, possible review of previous webinars / courses as well as access to upcoming courses in ALL elements of learning and training. Regular sessions on a 1-2-1 basis with my coach / mentor and regular sessions on trader psychology that really do keep you on track and get you to "Check yourself" before placing any trades.

Very high on the agenda is risk management and STRICT market analysis - both fundamental and technical - and your coach really does hold you to account, but more importantly gets you to hold YOURSELF to account. This is NOT a get rich quick scheme, nor should it be interpreted as such. However if you follow the rules that YOU draw up with your coach and MANAGE your RISK, you will see the right kind of returns.

Am I making money with Learn to Trade and Smart Charts? Absolutely!! Am I pulling in 20% a day making stupid risks? Absolutely not! but then it really does depend on your mental attitude and willingness to understand yourself as a trader. Typically I am seeing returns of between 3% and 8% per month. And guess what? If a trade goes south I don't sit whining about it. I re-check my analysis and LEARN from what happened.
L
learnfraud
Gold coast, Australia,
May 4, 2023,
Registered user

Big upsell after you pay 5k

Service use: Live Length of use: 0-3 Months
As the below reviews. Don't do it you'll be asking payback to try and get your money back.
1 trader has found this review helpful
L
Lovethelifeyoulive
Scotland , United Kingdom,
Apr 18, 2023,
Registered user

Big promises, but not worth it.

Service use: Live Length of use: over 1 Year
If there was a chance that the sales promise could have come good, then the headache and heartache could of been worth it. It wasn’t. On both counts. And here’s why.
No one who has the secret ingredient to making money through trading sells it to others. They trade it themselves. Rule
Number one of trading : another’s loss is another’s gain so no - the model they’re selling Isn’t bona fide : and no amount of fuzzy feel good philanthropy in marketing slides should persuade you to believe otherwise.
Rule two: company that has its education tied to its own broker is riddled with an inherent conflict of interest. Ie. Brokers earn commissions and this can be either profits or losses. Greg Secker makes his money from education AND from the trades you place - but that’s his little secret.
I’m not sure if the company has tidied up their act since I signed up, but their intake process is based on a lot of deception and the Stockholm factor is high. Why? No one wants to accuse fraud and simultaneously no one wants to admit to being ‘stupid’ enough to be defrauded either. It’s simply easier to choose the fuzzy feel goods and pretend it never happened, and go away and write a positive review because of some incentivised offer that covers the lies. Don’t fall for it. Either believing the positive reviews or falling foul of the brainwashing or letting them make you believe / do it either. If you’ve been ‘scammed,’ by this organisation there are people who can help.
4 traders have found this review helpful
S
smalldog
Sydney, Australia,
Aug 7, 2022,
Registered user

Not really a forex course

Service use: Live
I took this course (AU$5000) at the beginning of 2020. They provided educational materials and access (paid) to their proprietary trading platform, SmartCharts. Platform itself is well maid and gives you semi-automated trading signals, which you filter according to other criteria.

The course started at 8:00 am on a Saturday, and at the first tea break we were hit with the marketing spiel for a bigger and better course, which in essence was recruitment for a prop firm. It happened again at lunch. Later that day everyone received a phonecall where you were told about the details: the course would give you an access to all features of the software which would, verbatim, tell you "exactly where to buy or sell", and funded account of AU$50k. The cost of the course was AU$30 plus. Another phonecall at lunch that day. Mine was from one obnoxious marketer by the name Andrew who took the offer further and suggested another, an even better course, for AU$60. This option would give you a AU$100k account, if you demonstrated your ability to produce profits. In essence, you would not be taught to trade, but to operate the proprietary software, with the risk manager watching over your shoulder.

The course promised ongoing support for some time, and I must admit this was fulfilled, at least partially. My wife had couple of sessions with one of the traders who was quite helpful, at least for a while.

In spite of some education this is not really a forex course, but rather a marketing campaign to get more money out of you. You have to admire to audacity: you listen to the advert for three days and pay several thousand bucks for it. I give it two stars because it does provide some basic educational material and you do get to learn couple of trading strategies.
2 traders have found this review helpful
A
Anonymous
Perth, Australia,
Jul 28, 2022,
Guest

Rip-off.

Service use: Live Length of use: over 1 Year
Software provider doesn't support the signal's anymore. Gross upsells with high-pressure sales tactics while doing the course (They offer you course they value at 100k for 20k for example). 1:1 risk/reward on signals.
3 traders have found this review helpful
A
Alister996
United Kingdom, United Kingdom,
Sep 13, 2021,
Registered user

Greg Secker Learn To Trade CONFIRMED FRAUDSTER

Service use: Live Length of use: 0-3 Months
Greg Secker Learn To Trade CONFIRMED FRAUDSTER

One word. RUN! Greg Secker Learn to Trade and his cronies such as Gurdas Singh Sidhu are just scammers. Never made a penny trading in their lives.

Very poor training/educational experience; basically just want you to subscribe to their expensive software and use their brokerage firm Capital UK where they make commissions on every single trade you make.

The subscriptions to the useless software (SmartCharts aka SCAM CHARTS) are just another recurring revenue stream for Learn to trade / Greg Secker so he can keep buying expensive SNAKE OIL ads with coded messages of riches e.g. holidays, dream homes, yachts, expensive cars etc and EXPLOITING even more financially VULNERABLE people with a dream to do better until they figure out they are being RIPPED OFF.

Within 10 minutes of a Learn to trade training session, we were asked to go to another room where we were sold an extremely expensive upsell for over £20,000. I was DISGUSTED.

Ever wondered why Learn To Trade / Greg Secker spends a fortune on Youtube ads?


Greg Secker makes huge amounts of money from the vulnerable until they work out they are more BROKE than when they started because they now have huge debts because they lost borrowed money in learning a system rigged to make them lose money!

Got to be one of the biggest scams in history.
3 traders have found this review helpful
N
Neil001
Auckland, New Zealand,
Jun 17, 2019,
Registered user

Paid with guarantee refund and guess what

Service use: Other Length of use: over 1 Year
Attended workshop and bought course with the express understanding that i reserved the right to a refund should i not be happy after a visit to their offices. I wasn't happy but guess what - I'm still waiting for a refund. Adam Truelove is a blatant liar and refuses to do what he committed to......as for Greg Secker, google search tells the story!! Amazed that they are still around after so much time but the Fx market is full of these types.
3 traders have found this review helpful
K
KPKAus
Brisbane, Australia,
Mar 28, 2019,
Registered user

This company is nothing but a fraud

This company is nothing but a fraud...STAY AWAY FROM THEM.

On the 3rd of March 2019, my wife and I went to "Learn To Trade" workshop on the Gold Coast. The workshop was presented by Arthur Ladeira. During the presentation, Arthur mentioned the cost of the course $13000. At the end of the presentation, he offered the course for $4995 and said it is just for today.

Because we are so desperate to make some extra money, I signed up and paid $1000 and told him that I will pay the rest of the money ($3995) by end of the next week (18/3/2019).

On Monday 4/3/19 I tried to get a personal loan with Latitude Finance, but my application was declined.

I called them on 4/3/19 afternoon and spoke to a lady who called herself my account manager. I told her that I am unable to pay the rest of the money and would like to cancel my enrolment. She told me that they will hold the money till I am ready and I can do the course when I pay the full amount. I told her that I won't be able to accumulate the rest of the money and I just want to cancel it and refund the deposit.

As I wasn't having any luck with her, I hung up. I tried calling them again on 5th, 6th and 7th of March, but nobody answered the phone. I sent them a few emails and didn't receive any response.

Last Friday (8/3/2019) afternoon I received a call from Jake Williams (Jake Murphy-Client Experience Manager). He said that he would like to solve this issue. I have mentioned that if I do not pay the balance amount by 18/3/19, the company can get debt collectors to collect it from me.

He said that he can help me cancel the contract. Based on the agreed terms of this close, I will not be required to pay the remaining sum of my course amount of $ 3,995.00 and forfeit the deposit I have previously paid $ 1,000.00.
3 traders have found this review helpful