Facebook Twitter
Now With Over 23,000 Reviews!
Sign up now

Tradenet Capital Israeli

TOP 50
dev5.tradenet.co.us...
Category: Websites
Tradenet Capital Markets, Ltd. is an expert, dynamic company training private traders to trade independently in the American capital market in order to make a regular monthly income as an independent profession or in parallel to other employment. Tradenet does not believe in long-term investment, but in technical trading to generate daily income in the short term. Tradenet was founded by Meir Barak, a professional trader on the American stock market. Meir is known in Israel as a leading day trader and professional lecturer. During his years of activity at Tradenet, Meir has trained over one thousand independent traders. Meir is a technical - economic analyst for local newspapers, banks and financial entities in Israel and abroad.
Filter reviews by
Page:   ... 5
Displaying 41-48 of 48 Total Reviews
The most transparent and honest room around!
After being a member of several other rooms in the past five years I ran across Meir via his YouTube videos. I decided to give his 14 day trial a try and right away I noticed a difference. I came to Investimonials to read a few reviews and did not understand. Meir and his analysts are the real deal. The room is very transparent. All trades are not only posted in the room, but they are also verbally explained. That’s right…..Each trade is called out AND the charts are live. I can see the entries and exits as they are called. The other thing that I thought was great was that Meir actually shows his P&L and does not hide from any questions about it. I have been very profitable in my first month in the room and believe it is the best trading room out there.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
2 of 2 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Education
Entertainment
Value



The REAL truth about Tradenet and Meir Barak
As a VERY happy "green" member (most of the days) at Tradenet's trading room, I was very surprised to read some of the following reviews, so I made a small research to check out the IP of Cjtrader (see below) I was not surprised to discover that several different user names share the same IP address: MedCoordinator, WSadi, Chris4207, Scottyfilintstone, Qween03, Cjtrader... Surprisingly, all had something "nice" to say about Tradenet, Meir Barak and Colmex.

Traders, let me tell you this: Meir is the real thing! I know. I am there with him every day during his great days and his red days. He shows us his P&L live every day. I have never seen anything like his trading room before. He saved me from being a loser. I owe him much more than just writing this review. Thank you for reading.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
Embed Permalink Report
Was this review helpful?   Yes   No
3 Comments on this Review
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Education
Entertainment
Value



Colmex Pro Are CROOKSTON
I joined up in the room. Calls were late.My fills were always poorer to the point it wasn't worth taking the trades.But the icing on the cake follows below. I now find out a little late Mier is part of Colmex Pro from the recent reviews.

I went to Colmex Pro as the room and videos suggested Cfd's would be simpler and cleaer to trade.

This couldn't be further from the truth. With their Colmex Expert platform, I was able to take my 10k account to about 50k. Everyday I checked on the account balance and printed a balance summary. When I went to do a 30k withdrawal they reversed my trades and put me at negative 50k. In the interim they closed access to the account and the data.When the account was back online with the negative amount, all the trade data was rewritten. Apparently they didn't like losing to me. Furthermore they increased the fees so it became impossible to be profitable as other reviews have pointed out. Stay away, learn from the mistakes of others.

Since I first posted my Colmex Pro review elsewhere, others with similar problems are coming forward.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
1 of 2 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
1 Comment on this Review
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall



Okay
I decided to do some additional research into Tradenet and found out that Meir Barak is not only the CEO of Tradenet, but he's also co-owner of Colmex, which coincidentally is Tradenets CFD broker. For anyone that's not familiar with trading CFD's, when a trader places a trade, the broker, in this case Colmex, is taking the other side of that trade. CFDs, unlike a company's stock shares, are not traded on an exchange. So it's in the best interest of the broker for its traders to lose when trading, which causes the inherent conflict of interest between the trader and broker/firm.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
1 of 1 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Education
Entertainment
Value



Kiss your $ Goodbye
Entertaining videos on YouTube. Mier Barak, founder/moderator, knows how to trade. Chatroom good. That's it. Do not pay for training or join prop team...you must double your account plus 2k before they will even consider profit sharing. Colmex is a cfd broker and takes the other side of the trade, especially on shorts. Thus, if you make $ they lose. So, if you have success they will seek to send you packing. For entertainment only. You want to trade via prop, then go with Cy Trading Group or somewhere else. Tradenet is definitely a bucket shop.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
1 of 2 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
2 Comments on this Review
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
Scottyflintstone Chico, Ca

User’s Review Ratings
Overall
Education
Entertainment
Value



Bucket Shop
Tradnet accepts a deposit from traders for "education" then gives you an account to trade. They tell traders that they can receive payouts once a month if your $2000 in profit or more, but the don't tell you that you have to make the amount of your additional deposit + $2000+ $500 for their split (i.e. if you deposit $10,000, you cant make a withdrawal until you have made an additional $12,500 for a total of $22,500) and they push you to upgrade your account, in my opinion, they are trying to avoid making any payouts they can. They have a good chat room, but I would never advise any trader that makes their living off of trading to join their prop firm. And if you open an account directly with their broker (Colmex) and you make to much, they'll raise your commission rates up to .05/share. That means your going to pay $50 for 1000 shares.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
2 of 3 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated
Good chat, Bad prop firm
Tradnet accepts a deposit from traders for "education" then gives you an account to trade. They tell traders that they can receive payouts once a month if your $2000 in profit or more, but the don't tell you that you have to make the amount of your additional deposit + $2000+ $500 for their split (i.e. if you deposit $10,000, you cant make a withdrawal until you have made an additional $12,500 for a total of $22,500) and they push you to upgrade your account, in my opinion, they are trying to avoid making any payouts they can. They have a good chat room, but I would never advise any trader that makes their living off of trading to join their prop firm. And if you open an account directly with their broker (Colmex) and you make to much, they'll raise your commission rates up to .05/share. That means your going to pay $50 for 1000 shares.

This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Education
Entertainment
Value



Starting point for beginners, not for serious traders.
Their live chatroom is fun, entertaining, and a good stepping stone to get your feet wet. Always do your own research of course, and don't rely on the calls made by the admins as your means of making money. The chat room is highly recommended for anyone starting out since it offers a new perspective on the market which is hard to find online. The people who run the room are personable and likable as well.

Their "prop" program is not a prop, it's an arcade. Know the difference. Also, once you put your money in, it's gone. You either make money or you lose it all. There's no option to remove any balance you have left. Over the course of a year, I witnessed 3 really great traders, who made great calls (symbol, entry, exit, etc) regularly. They all left the group shortly after being recognized by the participants of the room as star traders. One star trader in particular made better calls than the admins.

The colmex software which they use and recommend is probably the worst trading platform on the market. I haven't used them all, but I've been around the block. It crashes often (server disconnects, and other errors), and it cannot handle high volume IPOs such as BABA.

The platform trades CFDs and the main admin of the room, Meir Barak, is the president of the company behind the colmex platform, at the time of this writing. Do your research on how CFD brokers make their money. The most important thing to note is that, when you take a trade, you are taking a position against the broker. So if you have a green trade, the broker takes the loss.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
2 of 2 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Education
Entertainment
Value



Good education for beginners
This review is for Tradenet.co.uk. They seem to operate under several other websites and brands. The owner is affiliated with Colmex Pro an offshore brokerage company based in Cyprus. This service is mostly geared towards the beginner trader with no experience. They mostly market to people outside of the U.S. and Israel. Americans can partake in the service but with some limitations. They have some of the best and most professional education out there on the market. You can ask questions at any time in the chat room and get a good response but customer support by email was lacking or slow.

They use an open mic chat room and even tell people clearly where they want to buy or short but their trading list is sometimes too long. They list too many symbols and lose focus at times. Unfortunately, the performance of the chat room is not perfect. I would put it about 50-50 despite all of the nice videos on Youtube and past claims of success. They always seem to be saying oh I'm green for the day when they were down heavy red in the morning. They also seem to trade CFDs rather than direct equities. The owner only trades in the power hour morning session and leaves for the whole day. The other host makes struggling calls in the afternoon and answers questions. I am suspicious if they are trading on demo only. If you look carefully at their account numbers on their platforms on video, it doesn't look real. There are no verified trades on Profit.ly either. They aggressively recruit for their Colmex trading service and put down all of the other regulated U.S. brokerages saying they are superior. U.S. citizens cannot open an account with Colmex directly since they are a foreign entity For U.S. citizens, Tradenet has come up with some innovative "prop trading" arrangement where they ask members for a "membership deposit" for their prop group. It's not a real and regulated U.S. prop firm and it is offshore so be forewarned.

Overall, the education is outstanding and worth every penny but the trading service is questionable. If Tradenet showed verified trades on Profit.ly and partnered with a regulated U.S. brokerage firm, things would be better.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
1 of 1 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Education
Entertainment
Value



Page:   ... 5
Displaying 41-48 of 48 Total Reviews
Recommended For
 
Investimonials Sponsors
 
Similar Products to Review
 
Featured Investing Products
  
  
  
  
  
  
  
  
 
Users of Tradenet Capital Israeli