Green Room Academy is a forum for learning how to trade binary options. It is operated by traders #the4kings, Jerrell Cox, Jamal Johnson, Jason DeMott & Dallas Orr.
What does the product offer?
Green Room Academy is a paid service that offers users a place to come together and learn from and follow the trading instructions of Jerrell Cox, Jamal Johnson, Jason DeMott & Dallas Orr. These self-styled #the4kings trade 5 days a week, Monday to Friday during which they allow you to make the same trades they do. As well as this they say that they will teach you everything you need to trade successfully.
How does the product work?
There are the two main aspects to Green Room Academy. There is the so called expert trader status of #the4kings, and the training. Assuming that Jerrell Cox, Jamal Johnson, Jason DeMott & Dallas Orr are who they say they are then Green Room Academy will provide plenty of strong training. This training allegedly includes “You will be taught everything from the beginner basics of Binary Options all the way to a Professional level of Market Research, Reading Charts, Technical Analysis and How to Trade”. Most of this is standard selling points but the Market Research leaves me wondering if this isn’t just dropping business terms into a statement to make it sound more impressive.
What is the initial investment?
Green Room Academy isn’t cheap to sign up for. The service itself costs $100 per month with an additional minimal deposit through a broker of around $200 (of course, Green Room Academy have 4 such brokers lined up, all on an affiliate basis).
What is the rate of return?
This isn’t actually discussed much but is claimed to be anywhere from $100 to $1,000 per day.
Conclusion
Green Room Academy frankly feels like a questionable choice as a money making opportunity, despite its claim of being “Legit”. The fact is that there is no trading history that I can find for Jerrell Cox, Jamal Johnson, Jason DeMott & Dallas Orr which is concerning, especially given the money involved. I don’t like binary options at the best of times. I believe that what reputation they had has been overshadowed by a number of failed binary options products.
Whilst I am not inferring that Green Room Academy will go this way, I would not be surprised if it does. I recommend avoidance in pursuit of more plausible money making methods.
