As a departure from normal protocol, we bring you this analysis of a company that provides trading education, rather than a straight-forward broker.
Our first interaction with Educational Plus is – of course- their website. A clean and modern design makes the site very inviting to potential clients. As this is not a broker, but an educational organization, it provides little information on the front page, but it is everything you need to know.
The site is conveniently sectioned and clearly marked, allowing for easy access to further information.
Educational Plus offers a 3 tiered education program:
Based on the details provided about the contents of these lessons, we would say the Platinum tier is overpriced and unnecessary. The Silver tier is reasonably priced, and the Gold tier is good if you’re looking for more advanced training. However, many brokers provide educational materials for free to their clients. They may not be taught by professional teachers, but professional traders usually suffice for this purpose.
The front page of the website boldly declares that there is a 14-day money-back guarantee. It’s important to note, however, that a quick read through the terms will reveal that this guarantee is null and void upon the usage of the materials. That means that if you so much as press “Play” on one of the video lessons, there will be no refund.
On the bright side, Educational Plus offers excellent customer assistance via phone, email, and live chat.