Tradera, a forex education and trading signal service, initially offered no public information regarding its ownership or management. The domain name tradera.org was registered on August 22nd, 2019, with incomplete details. A post office box in Texas was listed as a contact address, a common tactic to obscure actual business locations. The ".org" domain might cause confusion as a major e-commerce portal in Sweden shares the Tradera name, though the forex opportunity has no affiliation with it.
An update on November 15th, 2020, provided names for the company's co-founders: Kody Sell, the CEO, and Eastan Harris, the CFO. However, beyond these titles, the company offered no further biographical information about either individual on its website. Independent searches yielded no verifiable details outside of Tradera's own promotional materials. The lack of public information about Sell and Harris raises concerns, suggesting the possibility of pseudonyms being used. This secrecy is a significant red flag, especially when coupled with the initial failure to disclose corporate details.
Tradera's core offering is a forex training subscription service priced at $99 every 28 days. Subscribers gain access to an educational platform, trade alerts, market forecasts, live trading sessions, and fundamental analysis resources. The company also promotes volunteer and corporate events as part of its membership package.
The compensation plan rewards affiliates for selling client subscriptions to retail customers and other recruited affiliates. To qualify for commissions, an affiliate must sell and maintain three client subscriptions. A critical requirement is that 55% of an affiliate's total client subscription volume must originate from retail customers, not from their downline.
Tradera features a nine-tier ranking system. The lowest rank, Founder, requires maintaining three personal client subscriptions and having at least three client subscriptions within the downline. Advancement through the ranks—Knight, Noble, Bishop, Duke/Duchess, Prince/Princess, and King/Queen—demands progressively larger downline subscription volumes, structured with specific split requirements across different legs of the downline.