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PipsUniversity.com (Nick Thompson) Review Visit site

Updated: May 6, 2019
1.167 · 13 REVIEWS
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On August 6th, 2018, a large number of reviews began pouring in for Pips University.  Nearly all were positive.  The FPA considered this behavior suspicious, but continued to moderate the individual reviews normally.

On August 10th, a reviewer reported that compensation had been offered for reviews.  Evidence was posted in the discussion thread showing that an offer of "hats or a t shirt or something" was made for those who left reviews at the FPA.  The US Federal Trade Commission specifically states that compensated reviews must disclose the compensation.  CLICK HERE for more information on FTC endorsement guidelines.  The FPA considers offering compensation for reviews to be unethical.  The FPA does not permit compensated reviews.

The FPA is unapproving all reviews, positive and negative, submitted since the beginning of this incident, except for the one review warning us about the compensation.  The FPA has contacted the FTC and will not be approving any new reviews for Pips University until after getting advice from the FTC.
PipsUniversity.com (Nick Thompson)

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1.167 · 13 REVIEWS
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Consumer Reviews

Dalton Brooks,
Spring Texas, USA,
May 18, 2018,
Guest

SCAM! I BELIEVE HE WAS UP .57% IN 6 MONTHS OF TRADING. WAS RUDE TO ANYONE WHO QUESTIONED HIS BRILLIANCE AND NO REFUNDS FOR C*** SERVICE, THANKFULLY I NEVER TOOK HIS TRADES.
rellisacct,
Florida, USA,
May 11, 2018,
Registered user

Graduated with PhD in losing money

Pips University is run by one guy, Nick Thompson. When you sit back and think about how only one person can perform all of the services that are promised on his website at PipsU, you quickly realize that his upgraded packages are a complete scam. I don't want to give him a 1 Star because there actually is a tiny bit of value mainly due to his videos, especially for beginners, but overall this guy is not a professional trader. This was evident after I signed up a couple of months or so ago and watched how he responded through his first trade. As a newbie, you think you can rely on signals from a "professional", but when the trade kept going against us there was no response, no trade adjustments, nothing. Nobody gets it right all of the time, that's just trading. But to just sit back and watch 500+ people relying on your signal lose money, trade after trade, speaks volumes for his character. Also, don't get mesmerized by his $1K to $1M challenge...he's down after the first 4 months in...not a shock to you as a PipsU grad.
Alphabrienen,
California, USA,
May 11, 2018,
Registered user

Pips U Sells Snake Oil and Pipe Dreams

Nick Tompson of Pips University, is the epitome of a modern day charlatan selling nothing more than snake oil and pipe dreams. I was hoodwinked to say the least, supporting his group by answering questions for other members around the clock, free of charge. Nick has now BANNED myself and nearly a dozen other members WITHOUT REFUND for questioning the validity of his methods and signals.

He has 3 packages ranging from $199 for 1 year signals to a $500 package that includes training videos, webinars, analysis grading etc. He claims to trade a multi–million dollar account, and to be an expert trader, however he has never produced any proof of a verified live account. He also has not been profitable in any regard in the six months I have joined (all documented on his $1000 challenge account).

His education is comprised of nothing but repackaged garbage patterns, that haven’t worked since 2016 and that one could easily obtain from free YouTube videos or babypips.com.

He has failed to deliver on the lifetime packages with no weekly webinars, providing analysis only a few times a week and being incredibly inactive and hands off. He does not monitor his trades and lets them all turn to losers. He has failed to answer client’s questions. He has roughly a 20% win rate and is never looking at the charts. If he spent less time at the golf range and buying fake Rolex watches, he may have a shot at making it in this industry.

Don’t walk away from Pips University – RUN!