4.163 • 19 REVIEWS
Nick McDonald
Updated: Aug 10, 2023
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4.163 • 19 REVIEWS

Recent User Reviews of

, USA,
Jun 15, 2016,

Not sure if there education works. Where are the trading results on their site. If it is alla bout education in Ivory tower all looks good and great in hindsight
New Zealand,
Feb 14, 2017,
Registered user

You will lose all your money with this company........but that is none of my business.

This is just another company that preys on beginners!

They promote making big money if YOU put the work in, they say it requires discipline and you will make it!

They do not tell you that most who will take their course will lose all their investment, and possibly much more! (but is in the disclaimer)

They do not have any statistics of traders who have passed through their doors and made it or failed......wonder why?

The owner does not share his trading results ( big red flag, the best do ).

The owner is a slick talking salesman......they usually are. This is how they really make their money.

Tried to get my course money back when I found out their star trader who helped sell me, went to jail. No refund!

Watch out this silver tongue is just selling more re-packaged forex regurgitation..........same old, same old, rubbish.......nothing new.

If they really cared about your future they might tell you that most sitting with wide eyes in the class will be pulling out their hair within a few months..........but that it is none of my business and unfortunately none of theirs.

Everyone gets a pair of rose tinted glasses.

Stay away from these people!
Josue Delicat
Florida, USA,
Oct 27, 2019,

TWP is a company of thieves who are not professional traders

Service use: Other Length of use: 3-6 Months
They are not professional traders. They are amateurs who are regurgitatiing
some silly notions that they learned I don't know from where. I lost a lot money
because of there jerks.
Bill Dingus
Washington DC, USA,
Nov 26, 2019,


Service use: Other
This company will not cancel my account after 6 months of emailing and contacting admin. Once to sign up, it’s impossible to close your account. Garbage
Kieran Waldron
Edgware, Middlesex, United Kingdom,
Oct 25, 2012,

Trade With Precision is a company based in New Zealand that sells courses on trading worldwide. I do not have a physical address for them but I know that they are Auckland based. At the bottom of their home page it says the following: ‘Trade With Precision’ is the trading name for Precision Universal LP registered in New Zealand, under registration number 2540518.”. 2540518.”. Nick McDonald is the cofounder of the company and the main man. Travis McKenzie is a sidekick of McDonald and a fellow director of the company

On the 17th September 2012, I bought a course on trading on markets from them for £2,499 and paid for it with my Visa card. After doing the course, I was not satisfied with what I had purchased and asked for a refund. The 3 systems they advocated using rarely set up in the forex market and I could not see them “dramatically improving my results “ as per their sales pitch. They initially took up the position that they owed me nothing because they alleged that I had broken their terms and conditions. McKenzie then offered me £800 of my money back as a goodwill gesture which I called “ derisory “ and did not accept it. He then passed me up to Nick McDonald who increased the offer to £1,250 which I again rejected. After a lot of emails between me and McDonald he has upper the amount to £1,500 and, as of yesterday, credited that much back to my Visa card.

The company are not honest with people purchasing their products because their terms and conditions are biased, contradictory, contain unfair terns and contravene both UK (where I live) and NZ laws. Both McKenzie and McDonald lied to me during the exchanges that I had with them by email and over the telephone. I want to see the balance of what I paid for the course (£999) returned to me and some compensation for the inconvenience and disruption that they have caused me. The company should either be banned from trading on the basis that it has chosen, or forced to amend their terms and conditions.
Reply by Trade With Precision submitted Dec 16, 2012:
Every now and then a customer comes along who a company simply cannot satisfy no matter how hard they might try. For Trade With Precision it was 6 years and thousands of happy customers before we experienced this with Mr Waldron. We tried very hard to reach a fair and amicable conclusion and were very disappointed that it got to this stage. His case against us and the accusations made here have all been discussed and considered resolved in this thread where FPA moderators and senior forum members now consider, having heard both sides of the story, that TWP has acted fairly and the refund terms have been met. We have also responded on that forum to the inaccurate claims of lying which was in fact a case of been misquoted with part of a written sentence omitted. Its a long thread but if you read it from start to finish you will get a thorough understanding of the situation and can decide for yourself if TWP have acted fairly or not. On the advice of FPA moderators, we have started to ask TWP clients to leave reviews of their own experiences with us and we will likely continue to do this for a long time to come. These reviews have started coming in already and will be followed by many more. We have literally thousands of happy and satisfied customers all around the world and pride ourselves on the satisfaction levels achieved from those customers. Please read some of the other reviews to learn how TWP value their clients and the support we provide them.
Dion Vuletich
Auckland, New Zealand,
Jul 22, 2014,

I completed courses with Nick back in 2007 and know some of the instructors from when they were students

I have attended nearly every course they offered then and was completely satisfied with their professionalism, knowledge and very selective rule-based approach to trading -

The mentoring sessions give ample opportunity to have any questions or trades taken you have answered/ reviewed in detail and on several occasions I have recommended them to others with full faith in their ability.

I have not used their services for a few years now as I do not primarily trade pure trend following strategies.
However I do not hesitate recommending them to others
A. Wilman
, Canada,
Dec 12, 2012,

As T. Mehr refers to below, there are many unscrupulous "educators" in the trading world. Trade with Precision is not one of them. TWP honestly teaches one how to trade the markets. Their courses are straightforward and logicial, and the mentoring they provide for many months after a student completes the courses is invaluable.
There is no easy way to trading riches, no magical indicator that you can buy from the other "educators" that will yield quick cash. Trading is a tough journey, and Trade with Precision, in my opinion, will definitely help you succeed in the trading arena.
Dr. Sid Valluri
Los Angeles, USA,
Dec 2, 2012,

Trade with Precision (TWP) is a terrific resource for those who want to become traders or for traders who want to become better at their craft. I have been a very satisfied client of TWP since early 2009 and have taken all but one of their courses. I have been a fan because TWP’s philosophies about the market and trading exactly mirrored my own. They added insights and viewpoints that complemented mine very nicely.

At its core TWP is an educational program that incorporates ongoing mentoring. It focuses on the fundamentals of what technical traders need to understand, and more importantly practice consistently, to get the results they want. I would recommend TWP strongly to anyone who wants to be a better technical trader.

• The very best thing about TWP is that it strips away the noise and nonsense that seem to permeate trading. TWP focuses on the bedrock of understanding price action intuitively. If you sign up hoping for instant riches from a secret trick or proprietary indicator you are going to be very disappointed. TWP focuses on understanding market psychology as represented by price action. It shows how you can use that to stack the probability of a trade going in your favor by predicting moves rather than chasing them. No magic formulas here; just the ability to discern what is more likely to happen based on what price action is telling us.
• TWP is run by traders not theorists. Real traders know that mindset and psychology are more important than strategies. There are any number of books and seminars from people who never put on real trades. If their approaches actually worked they would be trading not teaching. I wouldn’t learn golf from a coach who couldn’t swing a club so why would I want to learn to trade from someone who doesn’t themselves trade? Because they trade themselves, the TWP mentors fully understand both the intellectual and psychological complexities of being a trader.
• The various courses assemble the technical ingredients into strategies that are well thought out. The strategies are robust in nature and can be applied to any product or timeframe.
• Other than stripping out the fluff, the most valuable aspect of the TWP programs are the ongoing mentoring sessions. These are weekly global webinars where you can have your trades reviewed so you can learn from your mistakes. More importantly you get a chance to learn from the successes and mistakes of others via shared learning.
• TWP focuses purely on technical trading and makes no reference to market or economic fundamentals other than to keep an eye on the timing of news releases that may move the market. TWP is not a ‘trading room’ where you log in to copy trades. The purpose of TWP is to build in you the skills to spot trading opportunities based on price action and to capitalize on them flawlessly.
• On the customer service front, the folks at TWP are very helpful and responsive. On more than one occasion they have spent multiple hours helping me clarify concepts, figure out problems with my trading setup and with other issues.
• They are educational partners to some of the most reputable financial firms in the world – further affirmation of their value even to the smartest folks in this game.
Roderick Burdon
Carmarthenshire, United Kingdom,
Apr 16, 2017,

Effective and worth the money

I came upon Trade With Precision through the programme they run for ETX Capital (free if you sign up to ETX and deposit Min £100). This took me from complete, clueless beginner to studying charts, spotting set-ups, applying the qualifying rules and starting to trade with a fair idea of what I am doing. I'm still a bit tentative so I have also signed up for TWP mentoring programme. I cannot recommend them too highly
Mal Sluggett
Brisbane, Australia,
Dec 14, 2012,

I have done a couple of courses through TWP - the first in about June 2011. Prior to doing these courses I was making no money trading - I was losing it, I had no real clue as to how to properly manage risk, assess my psychological well-being while trading on a day-to-day and longer term basis, and thus had *very* erratic results. Since doing the course I can say this:
- I now have a very clear understanding of how I should trade, when I should place trade, and probably most importantly when I should not place a trade - the courses give very,. very clear comprehensive checklists and worked examples of what to look for.
- I am effectively managing my psychology as a result of course and post-course input through mentoring, and direct help from Nick and Craig from TWP. I ask you this - how many trading courses have you done and had access to a professional trader afterwards? I have found Nick, Travis, Craig, in fact anyone I have ever dealt with at TWP, to be helpful, down to earth, professional and *genuinely* interested in helping me. Are they honest? In my experience - absolutely. I am a professional person myself, and I would say, without reservation, the team at TWP display the highest levels of integrity. These guys are *real*; they are not going to feed you lines and BS and trump up charts from last year showing what they would have done – they make the calls live. This is also the perspective they teach from.
-I can categorically say, as a previously inexperienced trader, TWP will give an excellent foundation on which to build yourself into a competent trader. We all know how much trading success depends upon the individual– TWP is no magic wand – but the principles covered in the courses *work*; they are taught by people who use them. This is another thing I really like about TWP – you buy the course, do it, and start using it. There is no ‘level 2’, ‘advanced’, ‘do the next course and fork out some more money to us’ crap; each course gives a methodology in full. There are no carrots, dancing bears or bright lights to get you to sign up to the next one.
Finally, I mentioned prior to learning with TWP that I was not making money. In the 18 months since doing the first course I have definitely seen a turn-around in my trading- I started being modestly profitable within a couple of months (I have had some entrenched emotional issues with trading to get through and am still working on that – does it ever end??). This year I have turned a shade under 40% profit. Some of you may not think this is great; I look at this and think I have made a huge amount of progress. I have gone from being an erratic, poorly controlled market participant into a trader who knows what to do, when to do it, and how much to risk along the way. I now truly understand that trading is more about a solid plan, sound process, risk and psychological management than pulling in wads of cash. I would have to say it is the learning and the excellent input I have had from the blokes at TWP that has *dramatically* changed my trading perspective and thus my trading results.
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