In the spirit of full transparency, know that this Dollar Trade Club review contains affiliate links. This means if you make a purchase through these links, I may receive a small commission at no extra cost to you. Click here to read my full disclosure policy.
If you have found this page then you probably found the Dollar Trade Club sales pitch and… let’s call it “ambitious” claims.
How does turning $50 into $1.3 million sound to you? They even prove how this was possible within a few months of investing using real historical data!
This Dollar Trade Club review will expose the truth behind the system and show you that it is genuinely possible to make money online.
Dollar Trade Club Review – The Overview and Rankings
- Name: Dollar Trade Club
- Owners: Agora Financial- Zach Scheidt & Alan Knuckman (5 out of 100)
- Website URL: pro.dailyreckoningnews.com/
- Training: 30 out of 100
- Success Stories: 5 out of 100
- Price: $250 Lifetime membership/ $30 per month
- Maketimeonline.com Rating: 13 out of 100
Pros and Cons
- Provides information to help make investment decisions
- Gives you high return investment opportunities
- Information overload (ends up a bit of a mess)
- Returns are not guaranteed
- Quite expensive for what you actually get (aka newsletters…)
- Black hat sales tactics
What does Dollar Trade Club do?
It helps you to invest in penny cryptocurrencies to make millions.
Or have they?
As you continue to read this Dollar Trade Club review you will uncover the truth behind the system.
What does Dollar Trade Club Provide?
At first glance it looks like there is a lot you will get from Dollar Trade Club:
However, when you look closer you will realise you really only get a bunch of newsletters through email or as a “bonus”.
How Will This Help?
The sales video makes it seem like all you need to do is invest $50 and watch your pot grow at a frightening speed!
As you can see from the badly hand drawn graph above they don’t really provide you with any valid proof either.
After enduring the 30 minute sales video you can finally unravel what they actually do…
Invest in blockchain companies like Blockchain 360 or Digital X ltd.
And before long you’ll realise that these companies invest in promising Blockchain projects.
So simply put… you will be investing in a program… to recommend a company you should invest in… and that company invests in blockchain.
Simples… What could possibly go wrong?!
Hang on What is Blockchain, Cryptocurrencies and Bitcoin?
Ah great question. Wouldn’t it be great if this was actually expained to you at some point.
As the sales video seems to miss this info out here you go…
Bitcoin is a cryptocurrency, a form of digital cash. It is not owned by a central bank and there is a limit to how much can be mined (created).
Cryptocurrency is a digital asset that works through a distributed ledger (everyone can see ALL of the transactions). There are thousands of other cyrptocurrencies i.e. Ethereum, Ripple etc.
Blockchain is the overall technology that the growing list of records (or blocks which makes up the ledgers) that cryptocurrencies use.
Now that we understand all this, I can almost hear your mind thinking…
Is Dollar Trade Club a Scam?
There are two main ways an online course can be a scam:
- Take your money and run off into the sunset, never to be heard from again
- Provide some information but it doesn’t live up to their promises
Dollar Trade Club appears to be the latter.
It’s not a blatant scam as it will deliver the newsletters that it claims it will. But it certainly doesn’t live up to turning $50 into $1.3 million.
Just to be fully transparent with you, I have not purchased this program myself and I do not endorse it in any way.
I have researched the website, testimonials and information on the Internet to get to the bottom of what this program genuinely does. This is because I have been burnt from programs just like this in the past and I want to prevent others from making the same mistakes. If you’d like to learn more “Ways to Spot an Online Marketing Scam” then click the highlighted text.
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Dollar Trade Club Red Flags
The more you keep reading this Dollar Trade Club review, the more you will understand the truth behind the program.
- Black Hat Methods – Using lies and unethical methods to make someone buy something
- White Hat Methods – Being honest and genuine to help people make informed decisions about purchases
- Red Flag – A warning sign
#1 Scarcity Tactic
Let’s face the facts, there is no need to hurry to buy this program.
It’s an online newsletter that will keep getting sent out (supposedly).
But there is an underlying sense of urgency throughout the whole sales video.
There is a strangely different sounding voice that says “Hurry to act before 2nd November” when you watch the video.
And when you go to checkout there is a timer at the top of the page saying you have 15 minutes to buy.
However, when you refresh the screen and it simply restarts! This is always a bit of a red flag as they are not being honest with you or helping you make an informed decision.
#2 The Dates Don’t Even Match!
When you move your mouse to exit the page you get the option of seeing the video or transcript.
In the script, it says you need to act before January 14th.
But in the video, the voice over says “Hurry to act by November the 2nd”.
It’s now May and they are still offering this package.
Are alarm bells starting to ring in your head now?
#3 Agora Financial
There are many different reviews about Agora financial including the 300+ complaints on BBB.
From my own expereince with them they provide information overload.
For example, you will receive 9 “bonuses” when you join Dollar Trade Club… this is NOT a good thing!
Each bonus involves different things such as “retirement investments” and “the morning market reviews” making it hard to focus your efforts on one thing. It’s proven time and again that the more you can focus, the more successful you will be.
In the sales video they even claim that they avoid “noise” in the market. However, they are just going to send you noise over and over again.
Are you beginning to see there is no real step-by-step system to use with Agora Financial?
#4 $50 Turns Into $1.3 Million
Do they really expect us to believe this ludicrous claim?
Remember amigo… if it sounds too good to be true, then it probably is.
#5 No Guarantee of Income- It’s Improbable But Not Impossible
There’s one part of the video that uses historical data to show you how it was possible to turn $50 into $1.3 million.
Honestly, anyone can go back through history and tell you exactly what you should have done.
If you could go back in time it’d be easy to put all your money into Apple, Amazon or Bitcoin before the big profit.
At no point during the sales video did they show any proof that they can make these kind of predictions before the investments became successful.
They also manage to miss out the fact that there are over a thousand crytptocurrencies to bet on. And they will not all achieve 500% gains, in fact many of them disappear!
#6 It’s Yours For Free… For $250 (WHAT?!)
So throughout the video you are told that all this information can be yours for free. Simply put in your email address…
After you put your address in, it claims you are just one click away…
But all of sudden you have to put your card details in to pay for a $250 “lifetime membership”.
I’ve even read a review from someone that has paid $30 per month for this and hasn’t received anything
As you continue reading you will learn that there are ways to make money online to free up your time. But if you’re like me you’re getting pretty suspicious of this program by now.
My Opinion – Dollar Trade Club
You want my honest opinion?
It’s simply not worth the money or your time.
You will have to do a lot reading to try and work out what you should invest in (I know because I’ve used an Agora Financial program before).
And even then there is no guarantee of any sort of success.
Alan even tells you that in the video!
But there are other ways to make money from home.
How I make passive income online
It wasn’t that long ago that I was still trying to figure out how it’s possible for people to make money online.
I wanted to find a passive income system that ticked a few boxes:
- I could work on part-time when I wanted (I was still in a full-time job)
- Therefore I needed it to not cost a fortune to start and maintain
- Didn’t need me to sell stuff to my friends and family
UPDATE- In September 2018 that I found Wealthy Affiliate. At the end of 2019 I quit my full-time job to dedicate more time to it.
I had no idea where to start with an online business a year before, but this has shown me step-by-step what to do.
The best thing about it is:
- It’s free to start
- Qualified traffic is brought to you for free (just think about how you found this review… there was no money or time spent from me promoting this!)
- You get me as a personal coach to help you on your journey (someone that has been through the exact same process to help you avoid the mistakes I made, but not too far ahead to forget what it feels like)
- You don’t need ANY technical skills to start
When you try out this program you will see why so many people recommend it.
Dollar Trade Club Review: The “MakeTimeOnline” Final Word
There are clearly some concerns regarding Dollar Trade Club.
I wouldn’t recommend this program to you unless you have some spare cash that you would like to “take a punt” with.
If you are looking to make money online without “taking a punt” through a proven 4-step process then my #1 recommendation may be more suited to you.
People all over the world are using affiliate marketing to:
- Travel full time
- Spend quality time with their family that is growing up
- Have some extra spending money every month
It is a proven system, with over 1.5 million members, that can help you live life on your own terms… and there is zero risk to start.
Keep changing for the better,
P.S. If you are interested in making money online to free up your time, check out this 1-minute video to see more information about my #1 recommended program…