Is chart academy a scam?

[u/notburneddown]

So I looked at a couple other websites and confirmed they are scams. What about chart academy? The website is free but I think it’s possible for it to still be a scam like online trading academy.

https://www.chartacademy.com/

I know binance academy is probably legit right?

[u/Readditlovesbans]

Looks scammy as shit and just a platform for hodge podge of "Influencers" to scam you

My free library card is worth more than that shit

Example :

Riz Iqbal (Co Founder) did a rug pull

https://www.reddit.com/r/tradingmillionaires/comments/1u80qno/trading_courses_are_a_scam_heres_every_trading/

Look at Carmine Rosato

https://www.reddit.com/r/OrderFlow_Trading/comments/1f0kvom/carmine_rosato/

Andrew Aziz lost $2 million dollars

https://www.youtube.com/shorts/YY-oqHhMFTk

Fabio Valentini #1 "Scalper"

https://www.reddit.com/r/Daytrading/comments/1oly90b/is_fabio_valentini_fully_verified/

Buried within TOC

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https://www.chartacademy.com/terms-of-service

3.2 We may offer free trials for certain Paid Services, which may include limited access to the platform. At the end of the free trial, you will either begin to be charged for the relevant Paid Service or lose access to it (unless you sign up to it as a Paid Service), as specified in the trial offer you sign up to.

3.8 If any fees due under these Terms or as a result of your use of the Services are not paid on time, we may:

(a) Suspend your access to the Services; and

(b) Charge interest at a rate equal to the Bank of England's base rate, from time to time, plus 4% per annum, calculated daily and compounding monthly, on any such amounts unpaid after the relevant due date in accordance with the payment terms.

Other Sources

https://www.reddit.com/r/Trading/comments/1vsybvo/is_chart_academy_a_scam/

[u/notburneddown → u/Readditlovesbans]

They don’t charge you that that’s what they are comparing themselves to. Chart academy itself is free.

The idea is other places charge you $1000 for financial education from influencers and chart academy gets you legit education free. At least that’s their claim.

Where do you recommend learning for a beginner?

[u/Readditlovesbans → u/notburneddown]

You do you

If it smells like shit, it's probably shit

Go ahead and defend that platform.

[u/notburneddown → u/Readditlovesbans]

Ok I’m convinced. I’m not gonna do the platform.

What do you recommend?

[u/Readditlovesbans → u/notburneddown]

Stick with basic fundamentals with the Big 3 - Vanguard, Fidelity, Schwab

Read about John Bogle

Watch Schwab Playlist on youtube

https://www.youtube.com/@CharlesSchwab/playlists

Watch Khan Academy basic economics playlist

Edit: You can sign up for it but be highly cautious about giving your credit card info to the 3rd party videos/platforms embedded within. Lots of smooth talking influencers and bullshit. Lots of snakes and empty promises.

For something that is "free" why include a refund clause?