Hey Guys, welcome to the Monetari Review
An online trading platform and educational course focused on options trading.
Monetari aims to provide users with the tools and strategies needed to succeed in the stock market, specifically through options trading.
This means what you will get from us is an unbiased account of Monetari and whether it is a legit opportunity or not.
All said and done, let’s begin.
[Affiliate Disclosure: This Monetari Review has been thoroughly researched from information and testimonials that are in the public domain. This post may contain affiliate links which means we may earn a small commission, however, this won’t affect what you pay!]
Monetari Review – Summary
Product: Monetari
Founder: David Vlas
Website: www.monetarico.com
Product Description: Trading platform
Key Features:
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- Trading Education
- Copy And Paste Trading
- Memberships And Costs
- Performance Claims
- Refund Policy And Customer Service
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Negative Reasons For Not Joining Monetari:
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- Exaggerated Claims
- High Costs
- Refund Policy Issues
- Customer Service Concerns
- Lack Of Tranparency
- Risk Of Financial Loss
- Questionable Marketing Tactics
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Cost to join: FREE, $295/month or $1997/year
Recommended: Maybe
Summary: Making money online is not easy and can be very risky but if trading is your thing then we’d recommend finding a reputable broker.
At Monetari, they claim they are the number one “Copy & Paste” trading business with wins of 90+%.
I’m sorry but if you believe that you are living in the land of the dodo.
The website tells you nothing about who they are, what they do or even who the founders are which is a big red flag in our eyes.
There are much better zero risk make money opportunities out there and one we have reviewed comes to mind.
You can check it out here if you like. It won’t cost you a dime and with no credit card details either.
Monetari Review – Table Of Contents
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- What is Monetari About?
- Who is David Vlas?
- What You Get With The Monetari Training Course
- What we Like About Monetari
- What we Don’t Like About Monetari
- Is Monetari a Scam?
- Monetari Review – Final Thoughts
- How we Make Passive Income Online
- Monetari Review – FAQs
- 7 Risks To Be Aware Of
- Feedback, Follow and Subscribe
What is Monetari About?
As we have already mentioned, Monetari is a trading platform that was founded in October 2020 and is based in Toronto, Canada.
According to what we could find out David Vlas is the name attached to Monetari but we see him only as a frontman.
Maybe because of his popularity as a YouTube entrepreneur.
Monetari is not regulated as a financial trading company which means there are no comebacks if you do lose your money.
What we have found with this type of setup is that they often aren’t around for very long, maybe a couple of years then they close down.
The biggest problem when researching this type of business is the lack of information and the fact that the website is very basic.
If you check out their website they mention that they have a 90%+ success rate which we find ludicrous considering over 90% lose money trading.
Here you can listen to what an actual trader says…
Related – Investors Underground
Who is David Vlas?
David Vlas is the front person for Monetari but we know he isn’t the brains behind it.
He’s a young kid who dropped out of school in 2015 but is more notable as a YouTuber with near to 3 million subscribers.
Who’s main channel is about doing pranks and with over 500 million views tells you he is a pretty popular guy.
He does however have another YouTube channel called DavidVladBusiness with 34k subscribers where he does talk about trading.
What we have seen since the Covid lockdown is many of these trading platforms coming on stream promising big returns.
They obviously appeal to many, especially with the promise of easy money which people often find is not forthcoming.
What You Get With Monetari
The amount of training is not extensive due to the fact that this is a copy-and-paste system.
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- Become a member of the private Monetarifund group
- 24/7 access and support
- Access and assistance from other traders
- Step-by-step video tutorials
- Exclusive access to top traders
- Access to trading alerts
- Access to future trading plans
- How to start trading with Robinhood
- Traders Mindset
- What are options trading
- Risk management
They talk about the 3 steps that you will learn…
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- The simple 3-step process that we use to “copy & paste” from the pros with 5 minutes of work.
- How we spend a few hours a month to make $10k+ using repeatable steps over and over.
- How to make passive income by having all the work done for you by the pro and all you have to do is COPY AND PASTE
Related – Mindful Trader
Is Monetari a SCAM?
You should understand that when you are trying to find information about a company, opportunity or anything for that matter.
That thorough research is required and we see it all the time when people believe a sales pitch, get googly-eyed and think about getting rich overnight.
That just does not happen no matter what anybody tells you.
We literally couldn’t find anything on the website that told us anything about the business, what it offered or who the owners were.
Doesn’t that strike up suspicion on your behalf, because it should do?
A sales pitch is always going to start off big, showing you examples of someone making $100k in a day and then they change tact to say.
What could you do with an extra $150 a day?
Traders on the front line and we are talking about Walls Street, do not get the returns these people are saying they are getting and they aren’t even qualified.
These traders have been honing their skills for years as well.
Anybody suggesting that all you have to do is copy and paste what the traders earning big money is doing is taking the proverbial.
Why would a trader who is earning thousands give away their secrets to someone like you or me?
It just doesn’t make any sense at all.
You might go to TrustPilot and see a few reviews stating this and that but how certain are you those reviews are genuine?
Monetari promise you overnight riches and you should never fall for this BS.
That’s one of the first golden rules when researching an opportunity.
I remember years back when you’d hear about someone who made a fortune trading stocks which were rare. It took them years to work it out!
Nowadays, especially on the internet, it would appear everybody is making a fortune with trading.
I’ll tell you who is and that is the owners of Monetari and that is down to people like you paying them thousands.
Just look at what these people skim off the top as well.
You need to be very careful.
There is no way that we would pay $1997 or $3,540 if you can’t afford the former amount.
Would you seriously be comfortable with investing one, two, five or even ten thousand dollars?
This is too early to say whether Monetari is a scam and besides we produce the facts so that you can determine the outcome.
So will the Monetari copy and paste system really work for you and we have to say it will not.
Related – Rockfx Academy
What we Like About Monetari
There is not a great deal that we liked about Monetari but these are early days yet.
- The guys at Monetari
are that confident according to their video presentation that if you lose on your investment they will refund you.
If that is in fact true then you have nothing to lose but I would be very wary.
What we Don’t Like About Monetari
There are a lot of issues with this business and many red flags, and we have listed a few of the important ones.
- Far too expensive and you really do
not know what you are buying into until you have paid either $295/month or $1995/year.
not know what you are buying into until you have paid either $295/month or $1995/year.You could however opt for the FREE membership and see how that works out first.
- They claim this is a copy-and-paste trading business and in our experience, any business opportunity that claims that all you have to do is to copy and paste to make money are been unrealistic.
They just never work, period!
- The traders who are running the show make the claim that with Monetari you will get a 95% or higher win rate whilst others come in nearer to 50%.
Nobody can make claims like this.
The Monetari Review – Final Thoughts!
I think we have highlighted more than enough of what Monetari has to offer.
We’d certainly love to hear from you if you have had any success with this business venture.
Traders do not share their secrets period!
If you were a trader stumbled upon a money making trade then there is no way yoo are going to share it with others..
Trading is a risky business because you have to expect to lose your investment and you are probably better off going to the casino.
This is not a business, but if it’s a business opportunity that you are looking for with zero risks then we’d love to share with you something in the next section.
Related – True Trader
How we Make Passive Income Online
There are literally thousands of making money online opportunities and most of them promote the get-rich-quick mentality.
Creating any business takes a lot of hard work, discipline, consistency and above all patience.
We believe that affiliate marketing is the best training platform by far and the easiest to understand and adapt to.
Wealthy Affiliate have been producing thousands of success stories since 2005, just check them out on TrustPilot.
This is a cost-effective solution with no risks, just take a look at what it costs me on a daily basis here.
If this is something that would interest you then check it out, it’s free and with no credit card details.
Monetari Review – FAQs
- Is Monetari Worth The Money?
With the total lack of business information or what Monetari offers we just can’t see any value.
For $2,000 we would expect to see a website with plenty of information and what we see is nothing.
The trading examples that are on the website do nothing to convince us that what we are seeing is legit.
- Is There A Refund Policy In Place?
According to the video presentation on the Monetari website, they make claims that if you lose out on an investment they will refund your money.
- Is David Vlas Someone You Can Trust?
Well, he does have an additional YouTube channel to the main one he has which goes into trading stocks and Forex.
However, can a person who flunked school in 2015 know anything about trading seeing that he’s concentrated all his time?
Playing games and pranks on his main YouTube channel?
We suggest he can’t but if he is just a front person for this business then we are sure there will be people who have a certain level of experience.
Having said that the business isn’t regulated so doesn’t that mean the so-called experts aren’t either?
- Can The Full Course Be Paid In Instalments?
There are 2 methods of payment that you can take advantage of.
You can pay either $295 a month which is $3,540 for the year or you could pay annually which would cost you $1997.
- Where Can I Learn Options Trading?
There are plenty of great places where you can educate yourself first before taking the plunge so to speak.
Check out e-Learning sites like Udemy, at least you will have an idea of how something like options trading works.
- Is There A Better Way Of Making Money Online?
Trading on the stock markets has always been a risky business and even the master Warren Buffett will tell you so.
How Monetari can claim that trade wins are regularly 90+% when other similar trading platforms are suggested 50% is beyond me.
Nobody can offer you those sorts of returns.
If trading is still on your agenda then why not check out the ones below…
If you are seriously considering Monetari, then we’d suggest reading the next section of this Monetari Review to help you avoid losing money.
7 Reasons To Consider Before Joining Monetari
Here are 7 reasons you should consider before paying for Monetari
- Exaggerated Claims:
Monetari makes bold claims about high win rates (around 90%) and easy profits, which may be unrealistic. Such claims can be misleading, especially for beginners who might underestimate the risks involved in options trading.
- High Costs:
The cost of joining Monetari is significant, with annual fees of $1,995 or $997 for six months.
This price point can be prohibitive, especially considering the potential risks and the mixed feedback on the value provided.
- Refund Policy Issues:
Several users have reported difficulties in obtaining refunds, with some suggesting that the company’s refund policy is designed to delay and ultimately deny refunds. This raises concerns about the transparency and reliability of the service.
- Customer Service Concerns:
There are multiple reports of poor customer service, including unresponsive support and unresolved issues.
This can be frustrating for users who need assistance or encounter problems with their trading accounts.
- Lack of Transparency:
The identities of the people behind the trading strategies and alerts are not fully disclosed, which can be a red flag.
Trust and transparency are crucial in financial services, and the lack of clear information about the team can be concerning.
- Risk of Financial Loss:
Despite the high win rate claims, options trading is inherently risky, and there is a substantial risk of financial loss. Users should be aware that trading can result in losing more than the initial investment, particularly if they do not have a solid understanding of the market.
- Questionable Marketing Tactics:
The marketing approach of Monetari, which includes promises of easy money and financial freedom with minimal effort, can be misleading.
These tactics may attract individuals looking for quick and easy profits without fully understanding the complexities and risks involved in trading
These are just a few factors that potential users should evaluate before making a commitment to Monetari.
It would be wise to research other avenues.
Feedback, Comments and Subscribe
Hope you enjoyed this Monetari review and that we managed to answer most of your questions.
If you have anything you’d like to add, just drop us a line in the section below and we will get back to you.
Until next time, stay safe
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