Online Trading Academy

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Online Trading Academy
Type Private, Education company
Founded 1997
Founder(s) Eyal Shahar
Headquarters 18004 Sky Park Circle, Suite 140 Irvine, California, United States
Number of locations 36 campuses (2011)
Area served
  • Financial Education Centers Worldwide
Key people
  • Eyal Shahar
    (Founder and President)
  • Aaron Neilsen
    (Chief Financial Officer)
  • John O'Donnell III
    (Chief Knowledge Officer)
  • Gene Longobardi
    (Chief Operating Officer)
Website www.tradingacademy.com

Online Trading Academy is an education company that provides education to professional traders regarding trading on financial markets. Initially, the company started as one of largest trading floors in the US.[citation needed] In order to improve trading results, managers and the top traders were offered daily review and coaching sessions to help the traders become more consistent and profitable. This training program grew, and soon other companies were sending traders in for training. In 2001, the company shifted to focusing solely on providing this trading strategy reviews, training and education to the general public. The company was founded by Eyal Shahar in 1997.[1][2]

With 36 campuses, Online Trading Academy has graduated over 26,000 students worldwide.[citation needed]

Background

Online Trading Academy teaches its students a rule-based strategy for trading in the financial markets. Classes usually tackle various topics ranging from day trading stocks to Forex, stock options, and futures trading. The students work with instructors to review market condition, breakdown complex charts, and learn specific trading techniques. A hands-on trading approach is used to reinforce the concepts taught in class.[citation needed] Additionally, Online Trading Academy reviews other brokers, products, and services, and continually provides this information to students and graduates.[2]

In addition to the classes offered, the company also offers separate self-study programs through online and on DVDs. The program aims to teach the same fundamentals and concepts as in the in-class training.[2]

The company has been rated with a letter grade of A- by Better Business Bureau (BBB). BBB has determined that Online Trading Academy has met the accreditation standards from BBB, which includes commitment to make a good faith effort to resolve any consumer issues.[3]

History

Online Trading Academy began as a trading floor in 1997. The traders on the floor received weekly training and progress reviews from managers, and in 2001 Founder Eyal Shahar recognized the need in the marketplace for training all types of traders. In 2001 the company fully transitioned to an education center.[1][2]

In July 2006, the company started to develop and deliver financial educational web content for TotalView, NASDAQ's premier market data product.[4][5] In the same year, the company started to offer in its Middle East and North Africa - Regional center in Abu Dhabi, United Arab Emirates an online course in stock trading.[6] The regional center first opened in 2005, who owns by Al Khaleej Training and Education, a Saudi based group which also listed in Saudi Stocks.

In 2010, Online Trading Academy signed a pact with Sharekhan, one of India’s leading retail broking companies, to provide its trading and investing education to customers in India. With the pact, Online Trading Academy opened its 34th campus in Mumbai, India.[7]

Global campuses

Online Trading Academy campuses around the world.

Online Trading Academy has a total of 36 campuses located in over 7 countries:[8]

Education

Online Trading Academy provides education to its students regarding trading on financial markets. Students are taught with core essential strategies when it comes to trading. Online Trading Academy reviews these strategies over three or seven day courses through the use of real trades to reinforce the concepts. Core strategy essentials is designed for students of all experience levels who are serious about applying professional level skills to enhance their own trading or investing performance.[9]

Students at Online Trading Academy have extensive sources ranging from exclusive student resources, free online courses, DVDs, exclusive strategies, videos, and others.[10][11] Also, there are over 70 instructors, including the award winning Sam Seiden who teaches Odds Enhancers in trading, that will guide the students during their stay in Online Trading Academy.[12][13]

Courses

Online Trading Academy offers the following courses:

Power Trading Radio

Power Trading Radio is a daily progressive trader focused radio and web program produced by Online Trading Academy and hosted by long time trader Merlin Rothfeld.[20] The program is designed for average investors and traders.[21] The show covers topics ranging from stocks, Forex, futures, options and others.[22][23] The radio show has a 4.5 star rating as a podcast on iTunes and has generally received positive reviews.[24]

OTA Tax Pros

OTA Tax Pros was launched in June 2011 by Online Trading Academy and Eyal Shahar in Irvine, CA. The mission of the company is to provide traders with the strategies and techniques to increase cash flow by reducing taxes on investments.[25]

OTA Tax Pros is a consulting and education firm that serves investors and traders in their tax needs. The organizations offer tax consulting and tax preparation for active traders and investors filing as individuals or as a business.[2]

OTA Tax Pros was founded when umbrella company Online Trading Academy recognized a need for tax education for investors.[25] Professional traders often have delicate tax needs that differ from employees in other industries. As a result, OTA Tax Pros was launched to provide consulting, workshops, and assistance to those in the industry.

Assistance with a tax specialist includes filing tax returns for individuals, partnerships, LLC, S-corporations, C-Corporations, gift tax, estate tax, and exempt organizations. The company also provides consultations, entity formation document assistance, retirement-plan assistance services, and IRS/state tax exam representation services.

Awards and Recognitions

Awards

The following are the awards and nominations received by the company, its officials, or its educators:

Year Association Award Category Nominee Result Reference
2011 Colorado Excellence Organization 2011 RMPEX Awards Timberline Award Online Training Academy - Colorado Won [26][27]
FXstreet Forex Best Awards 2011 Best Educator Sam Seiden of Online Trading Academy Won [28][29][30]
Best Webinar Identifying High Probability Turning Points - Sam Seiden of Online Trading Academy Won [28][29][30]
Best Educational Content Lessons From the Pros - Weekly piece by Sam Seiden of Online Trading Academy Won [28][29][30]
The Arabcom Group 8th Middle East Forex Expo & Conference Best Forex Education Provider Online Training Academy Won [31]
2012 TraderPlanet and
SFO Magazine		 2011 STAR Awards Trading Courses Professional Trader Course - Online Training Academy Won [32][33]
Newsletter Lessons From The Pros Newsletter - Online Training Academy Won [32][33]
FXstreet Forex Best Awards 2012 Best Educational Content Lessons From the Pros - Online Trading Academy Won [34][35]
Best Educator Sam Seiden Won [34][35]
Best Webinar Short Term Market Timing in the Forex Market - Sam Seiden of Online Trading Academy Won [34][35]
2013 TraderPlanet and
SFO Magazine		 2012 STAR Awards Newsletter Lessons From The Pros Newsletter - Online Training Academy Won [36]
FXstreet Forex Best Awards 2013 Best Educational Report Lessons From the Pros - Online Trading Academy Won [37][38]
Best Educator Sam Seiden Won [37][38]

Recognition

  • Online Trading Academy was honored by the Orange County Register as one of the Best Workplace according to employee reviews in 2011[39]

References

  1. ↑ 1.0 1.1 "About Us". Online Trading Academy. Retrieved February 23, 2012. 
  2. ↑ 2.0 2.1 2.2 2.3 2.4 "Online Trading Academy". CrunchBase. Retrieved February 25, 2012. 
  3. ↑ "Online Trading Academy Business Review". Better Business Bureau. Retrieved February 25, 2012. 
  4. ↑ "Online Trading Academy to Provide Educational Web Content & Training for NASDAQ TotalView Data". PR Newswire. July 6, 2006. Retrieved February 25, 2012. 
  5. ↑ "Online Trading Academy Expands Training Through Nasdaq". The Franchise Mall. March 26, 2006. Retrieved February 25, 2012. 
  6. ↑ "Online Trading Academy to conduct its first Online Stock Trading Course". AMEinfo. March 13, 2006. Retrieved February 25, 2012. 
  7. ↑ 7.0 7.1 "Online Trading Academy in exclusive pact with ShareKhan". Business Standard. October 21, 2010. Retrieved February 25, 2012. 
  8. ↑ "Online Trading Academy: List of locations". Online Trading Academy. Retrieved February 24, 2012. 
  9. ↑ "Stock Trading Courses". Online Trading Academy. Retrieved October 26, 2012. 
  10. ↑ "Exclusive Student Resources". Online Trading Academy. Retrieved October 26, 2012. 
  11. ↑ "Free Online Courses". Online Trading Academy. Retrieved October 26, 2012. 
  12. ↑ "Instructors". Online Trading Academy. Retrieved October 26, 2012. 
  13. ↑ "Odds Enhancers To Increase Your Odds". FXstreet. October 8, 2012. Retrieved October 26, 2012. 
  14. ↑ "Stock Trading Courses". Online Trading Academy. Retrieved February 24, 2012. 
  15. ↑ "Forex Training Courses". Online Trading Academy. Retrieved February 24, 2012. 
  16. ↑ "Option Trading Courses". Online Trading Academy. Retrieved February 24, 2012. 
  17. ↑ "Futures Trading Course, Stock Futures, Oil Futures, Derivatives". Online Trading Academy. Retrieved February 24, 2012. 
  18. ↑ "Wealth Management Courses". Online Trading Academy. Retrieved February 24, 2012. 
  19. ↑ "Continuing Education for Trading - Graduate Programs for Stocks, Forex, Options, Futures Trading". Online Trading Academy. Retrieved February 24, 2012. 
  20. ↑ Yassin, Yusuf (October 6, 2012). "TradingFloor.com Tweets of the Week: Non-farm puzzles analysts". Trading Floor. Retrieved October 26, 2012. 
  21. ↑ "About Power Trading Radio". Online Trading Academy. Retrieved October 26, 2012. 
  22. ↑ "Power Trading Radio". Power Trading Radio. Retrieved October 26, 2012. 
  23. ↑ "Business Podcast: Power Trading Radio". Pod bean. Retrieved October 26, 2012. 
  24. ↑ "Power Trading Radio - A Trader's Perspective on Investing in Stocks, Futures, Forex, Options Podcast". Apple iTunes. Retrieved December 2, 2012. 
  25. ↑ 25.0 25.1 "About US - OTA Tax Pros". OTA Tax Pros. Retrieved May 1, 2013. 
  26. ↑ "2011 Award Recipients". Rocky Mountain Performance Excellence (RMPEx). Retrieved February 25, 2012. 
  27. ↑ "Online Trading Academy Colorado Earns Rocky Mountain Performance Excellence Award". Franchising. Retrieved February 25, 2012. 
  28. ↑ 28.0 28.1 28.2 "Forex Best Awards 2011 – FXStreet". Forex Crunch. Retrieved February 25, 2012. 
  29. ↑ 29.0 29.1 29.2 "Press Release: FXstreet.com Forex Best Awards 2011 winners announcement". FXstreet. Retrieved February 25, 2012. 
  30. ↑ 30.0 30.1 30.2 "FXstreet.com Forex Best Awards 2011 winners announcement". FXstreet. Retrieved February 25, 2012. 
  31. ↑ "Online Trading Academy Wins Best Forex Education Provider at Middle East Forex Expo". Online Trading Academy. April 12, 2011. Retrieved March 1, 2012. 
  32. ↑ 32.0 32.1 PRWeb (February 6, 2012). "TraderPlanet.com and SFO Magazine Announce 2011 STAR Awards Winners". Yahoo! News. Retrieved March 1, 2012. 
  33. ↑ 33.0 33.1 "2011 STAR Award Winners - TraderPlanet". Trader Planet. Retrieved February 25, 2012. 
  34. ↑ 34.0 34.1 34.2 "FXstreet.com's Forex Best Awards 2012". FXstreet. Retrieved February 25, 2012. 
  35. ↑ 35.0 35.1 35.2 "FXstreet.com Publishes The Winners List of the Forex Best Awards 2012". FXstreet. March 6, 2012. Retrieved March 15, 2012. 
  36. ↑ "TraderPlanet Star Awards 2013". TradersPlanet. Retrieved April 8, 2013. 
  37. ↑ 37.0 37.1 "FXstreet.com's Forex Best Awards 2013". FXstreet. Retrieved February 25, 2015. 
  38. ↑ 38.0 38.1 "FXstreet.com Publishes The Winners List of the Forex Best Awards 2013". FXstreet. March 6, 2013. Retrieved April 8, 2013. 
  39. ↑ "Online Trading Academy Awarded Top Orange County Workplaces 2011" (Press release). Online Trading Academy. December 21, 2011. Retrieved March 1, 2012. 

External links

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