Pricing
- Monthly membership – $297/month or $3,564 per year.
- One-quarter membership – $697/quarter or $2,788 per year.
- Annual membership – $1,897.
Platform
Web
Style
Day Trading, Swing Trading
Customer Service
Live chat, call
Pros
- Established and having a good reputation
- Gaining access to mentors, including the company’s founder
- Subscriptions paid quarterly or annually receive considerable savings.
- Massive video library
- Instruction and advice are available at no cost.
Cons
- For newcomers, costs might be considerable.
- Swing and OTC chatrooms are lacking
Investors Underground Review
The purpose of Investors Underground is to provide day traders with a place to network and learn from one another. Since its inception in 2008, it has grown to become one of the most popular day trading groups on the web.
Learn all you need to know about Investors Underground so you can determine if it will help you achieve your objectives. In this review of Investors Underground, we are going to take an in-depth look at everything that is featured, as well as the sort of trader Investors Underground is most suited for, the membership choices and price, as well as the pros and cons of being a member.
About Investors Underground
Investors Underground was founded in 2004 by the renowned trader and instructor Nathan Michaud under the name Investors Live. In 2008, the name changed to Investors Underground. Since then, Investors Underground has grown into the industry leader in providing high-quality stock trading instruction at affordable pricing.
Investors Underground is not only one of the biggest and top-day trading communities on the internet, but it is also an excellent resource for stock trading education, mentorship, trading chat rooms, and trade ideas.
Who Should Use Investors Underground?
Investors Underground is a community for day traders to talk about trading strategies and current market conditions. Both day trading and swing trading are common activities among members.
Investors Underground Platform & Features
Educational Materials
In order to encourage traders to develop their own trading strategies, Investors Underground is committed to providing them with high-quality instructional resources. Their members have access to 2 different day trading courses, weekly trade recap videos, and a handful of webinars each month.
The Textbook Trading course at Investors Underground was one of the first of its type to cater to individuals with no prior experience in the financial markets. It’s an 8-hour crash course that teaches absolute beginners the ropes of stock trading. While it does begin with the fundamentals, more advanced concepts, such as the use of trading tools and practical trading settings, are swiftly introduced.
Students then go to Tandem Trader, a 12-hour advanced day trading course. What makes Tandem Trader stand out from other advanced trading courses is that it contains actual screenshots of deals done by Michaud in real-time, coupled with his tick-by-tick comments, giving students the experience of trading in tandem with a professional.
If you’re just starting out in the world of day trading, you might want to check out Investors Underground’s free Beginner’s Day Trading Guide before you commit to a paid membership. The free Guide has 8 video lessons that are each 20–45 minutes long. Each lesson is taught by Investors Underground team manager and momentum trader Cam, who has been a subscriber to the program since 2010. The lessons cover basic trading topics like day trading, short selling, and stock brokers.
Chat Room
The Stock Trading Chatroom on Investors Underground is widely regarded as the organization’s primary hub of activity. You won’t find a better “scanning tool” than this one. The best part is that you’ll be able to receive daily, real-time guidance and instructive tips from the thousands of other members of their day trading chatroom.
Momentum, Swing, and OTC are the 3 distinct trading rooms available on Investors Underground. The momentum conversation room sees the most action, but all of the rooms are worth checking out.
- Momentum Chatroom
This is the main chatroom, which is open every trading day from 9 a.m. to 4 p.m. It is the most active trading chatroom on the website since other trading users frequently visit it. Thousands of people gather in this chat room to talk about trading and other relevant topics.
- Swing Trading Chatroom
The key difference between here and the momentum chatroom is that here the emphasis is on swing trades that are held for more than a day.
- OTC Chatroom
The OTC chatroom, in contrast to the previous two, is the least frequented. The fact that there are rarely any users in the room indicates that it is not well-liked by subscribers.
All of the chat rooms on Investors Underground are moderated by knowledgeable individuals who are available to help newcomers. The group’s attitude and the abundance of trade ideas available to everyone who hangs around in the chat rooms are what set it apart.
Ease of Use
Investors Underground is most useful for investors who already have a solid foundation in market fundamentals. Day traders who have just begun their education tend to feel lost in online discussion forums. Before signing up, spend the next 30 days learning as much as possible about the service’s features and benefits. The free trading course offered by Investors Underground is an excellent place to begin.
There is a plethora of helpful alerts in Investors Underground, and you can always expect to get fresh insights. However, you need to be committed to your education. Do not expect to be able to simulate the alerts with any kind of accuracy with this service. Investors Underground is the best trading forum you can join if you’re trying to make active trades with other people. While learning to day trade might be challenging, the correct tools can make all the difference.
Some of the world’s most successful traders are members of Investors Underground, and you can start learning from them the moment you sign up. It’s the ideal trading service available if you’re willing to put in the time and effort to learn.
Investors Underground Pricing
There are 3 membership tiers offered by Investors Underground, each with a different payment regularity.
- Monthly membership – $297/month or $3,564 per year.
- One-quarter membership – $697/quarter or $2,788 per year.
- Annual membership – $1,897.
Longer-term memberships typically come with greater pricing. As you can see, purchasing annual membership results in savings of approximately 50% when compared to a monthly subscription. You can’t become an expert trader in a month, even if you devote 24 hours a day to it. Trading on a daily basis is challenging, and it takes time to learn how to do it successfully. Purchasing a membership for a longer period of time lets you ease into trading at your own speed.
You will receive the following benefits when joining:
- Pre-Market Broadcast
- Live Trading Floor
- Trade Recaps
- Nightly Watch List
- Morning Call
- 1000+ Video Lessons
How to Open An Account?
Entering an email on the website grants users access to a free trial, which includes video courses, tips, and tactics for traders.
To become a full member, the process is simple and quick. Just head to the website and click on pricing at the top right corner. You can set up automatic monthly, quarterly, or yearly payments with only a few items of information and a payment method when you sign in. You are also allowed to cancel at any time.
In Conclusion
Investors Underground is one of the best stock trading schools because it has the most comprehensive offering, a well-defined learning path, and a cost that is not too prohibitive. Many of the best momentum traders hang out in the Investors Underground chat rooms, and the Investors Underground trading classes. The video lectures and daily watch lists are also among the best available. In terms of trader education, Investors Underground is among the best investments you can make, regardless of whether you want to trade NASDAQ companies, the OTC penny stock market, or cryptocurrency.
Investors Underground Review Overall
Investors Underground offers a robust platform for day and swing traders, featuring extensive educational materials, mentorship from experienced traders, and active trading chat rooms. With a strong reputation and significant cost savings for long-term memberships, it provides a comprehensive trading education. However, the high costs and limited chat room variety might be a drawback for some users. Overall, Investors Underground is a valuable resource for serious traders looking to deepen their trading knowledge and skills.
Pros
- Well-regarded platform with a strong track record.
- Direct access to experienced traders and the company's founder
- Significant discounts for quarterly and annual subscriptions.
Cons
- Membership can be expensive for newcomers.
- Lacks dedicated swing and OTC chatrooms.
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