MonetariFund is a program that promises to help you make profitable trades.
If you're here you're probably wondering if it's a scam or not.
That's what this review will answer.
Below you'll find everything you need to know about this course including background information, price to join, overview of what you get and more.
You'll know if MonetariFund is right for you by the time you're done reading.
Let's get into it!
Creator: David Vlas
Price to join: $295 per month or $1995
Do I recommend? No.
Overall rating: 2/5
MonetariFund is a course that teaches you how to do option trading.
The course is sketchy on details and I don't you really know who's running the show.
Also, it teaches day trading and options which is extremely risky and time consuming.
There's better ways to make money from home.
Better opportunity: I've reviewed all the top places to get high return stock ideas. To see my favorite (which is extremely affordable), click below:
Who Is David Vlas?
David Vlas is the face of this program (however I'm not sure he's the brains of the operation).
He is a popular Youtuber and he as 2.8 million followers on Youtube.
What's weird is his Youtube channel doesn't have anything about trading.
It's more just entertainment and pranks.
Day trading has exploded over the last couple of years, though.
This is mainly from covid and everyone getting a stimulus check.
People were at home and decided to get into day trading.. especially a lot of young people.
I've reviewed many day trading courses from young people and the problem is most of these kids don't really know what they're talking about.
They learned stocks a year ago and think making money will be as easy as it was in 2020 when the stock market temporarily crashed.
That's a once in a lifetime event and basically all you needed to make money then was to have money.
It's not like that in normal times. So you don't want to learn from these kids.
What Is Option Trading?
Option trading is different than regular trading.
Option trading is when guess what a stock price will be in the future.
You buy a contract and if the price is more than what you predict you can buy it at the price you predicted.
But if the price is below what you predicted you lose your money.
Also, you can sell your contract before the date you predicted if you want as well.
The reason people like option trading is you can make money faster.
However, it's risky because you can still lose money if it goes up (just not as high as you thought).
Additionally, you need to have $25,000 in your account to be able to make more than 3 trades a week.
The best trading strategy will always be to pick a stock you like and hold.
These fast money strategies can work but they're success rate is low.
Only about 20% of people succeed with day trading.
Recommended: Best Place To Get Stock Ideas
Don't Fall For The Hype
One thing that I don't like about this course is there's BIG promises made on the sales page.
The headline for this course is "How our members are copying us and making an extra $10k per month with just a few minutes a day."
He also constantly talks about how fast you can reach results like this.
You never want to join a course that promises fast riches with little work.
This is exactly what MonetariFund does.
Making money with the stock market (or any online method money making method) takes effort.
It takes time to learn the craft and it takes daily effort (unless you can outsource some of the work).
So no.. you won't learn to make $10k per month in a few minutes a day fast.. not with this course or any other course.
What Do You Get With MonetariFund?
There's only a few hours of training in this course.
Here's what you'll learn:
- Mindset for traders
- How to start trading on Robinhood
- What are options
- Risk management
- Trading walkthrough and how to copy Vlas
- How to follow MoneyariFund's trades CFDs (outside of USA)
- What are CFDs
- Following trade alerts
- How to join the Discord group
Want The Best Stock Picks?
I've reviewed the best programs that do this.. to see my top pick, click below:
1) Is Monetarifund worth its cost?
No I don't think so.
Learning how to trade on Robinhood and with options definitely shouldn't cost $1995 or $295 per month.
I guess you're paying monthly for the trade alerts.
You can find better and more quality trade alerts than the ones you'll find here.
2) Is David Vlas legit?
It's hard to tell.
David doesn't really talk about trading on his Youtube channel.. you think he would since he has millions of followers.
I personally wouldn't trust a kid with trades alerts and with stock choices.
How much can he really know?
3) How much do I need to get started?
You'll need thousands to get started if you want to trade options.
This is a risky strategy and a couple of bad contracts and you'll be out thousands.
Plus if you plan on day trading you need at least $25,000 in your account to make more than 3 trades a week.
So it's not cheap to get started with.
4) Is there a refund policy?
Yes you have 30 days to get your money back. You lose 5% for the payment process fee charged to the owners of MonetariFund.
5) Are there better alternatives out there?
There's definitely better places to learn stocks and get stock picks.
To see my favorite place for this, click below:
What I Like About MonetariFund
Here's what I like about MonetariFund:
Option trading is legit:
I'm not really a fan of option trading but it's a well known trading strategy.. it's not like this is a new concept or anything like that.
There's a good refund policy
30 days is a good amount of time to get your money back.
What I Don't Like About MonetariFund
Here's what I don't like about MonetariFund:
The yearly plan is $1995 and the monthly plan is $295 per month.. that's too much for what you're getting in my opinion.
Don't like option trading
Trading options is risky and often time is a strategy used by people who want to make money fast.
This can backfire big time.
Day trading requires a lot of money
You can only do 3 trades a week if you don't have $25,000 in your trading account. That's a lot.
Here's A Better Opportunity
I'd probably pass on MonetariFund.
The good news is there's still a lot of good places to get stock picks.
I've reviewed all the best places to get good stock ideas.
To see my favorite (which is very affordable), click below:
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