Is RakeTrades on Whop Legit? 357 Five-Star Reviews and One Pattern Worth Noticing
Yes, RakeTrades is legit, and the numbers behind that answer are hard to argue with. On its Whop page, the community holds a 4.96 average rating across…
Yes, RakeTrades is legit, and the numbers behind that answer are hard to argue with. On its Whop page, the community holds a 4.96 average rating across 368 reviews, and 357 of those are five stars.
It has also been on Whop since May 2023 and has grown to more than 15,800 members. That is not a one-week pop-up operation.
The part that made me trust it more was how the reviews talk. Members keep returning to the same two ideas: the teaching is straightforward and the team is genuinely helpful.
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The legitimacy scorecard
I went through the RakeTrades listing the way I would vet any trading community before recommending it to a friend. Here is what stood out:
| Signal | What I found | Why it matters |
|---|---|---|
| Overall rating | 4.96 average from 368 reviews | A near-perfect score across hundreds of reviews is much harder to fake than a handful of glowing ones |
| Star distribution | 357 five-star, 10 four-star, 1 one-star | Happy members are the overwhelming pattern, not a small clique |
| Premium plan rating | 4.99 across 209 reviews | The flagship product earns the strongest scores of all |
| Member count | 15,813 members | A large, active base means real people are using this |
| Time on Whop | Listed since May 2023 | It has had time to build a track record |
| Creator presence | Public Whop profile, Instagram and YouTube channel | The person behind it is identifiable and easy to look up |
| Clear terms | Refund, cancellation and support policies answered in FAQs | Transparent rules upfront are a sign of an operation that expects scrutiny |
Read together, these signals point the same direction. The rating is high, the volume is large, and the creator is visible. The FAQs also answer the awkward questions (licensing, refunds, cancellation) instead of hiding them, which is what I like to see before a purchase.
Who is behind RakeTrades
RakeTrades is run by a full-time day trader who describes himself as having 8+ years in the markets. The creator is based in New York City, and the listing describes the offer as "everything I have with a single subscription."
You can check the person out yourself before spending anything. There is a public Whop profile, an Instagram account and a YouTube channel. Looking someone up across platforms is basic due diligence, and it is easy to do here.
What you actually get with RakeTrades Premium
The flagship product is RakeTrades Premium, pitched as a membership and mastermind bundle. According to the listing, a subscription unlocks:
- The full Mastermind course for futures and options. This is the structured teaching, laid out start to finish.
- 500+ trade reviews and bonus lessons. Trade reviews are breakdowns of real trades: what was taken, why, and what could have gone differently. For a newer trader this is often where the learning clicks.
- Daily watchlists and weekly newsletters. A watchlist is simply the list of tickers or setups worth paying attention to that day, so you are not starting from a blank screen each morning.
- An in-depth personalized psychology tool. Trading psychology is the discipline side: handling fear, overtrading and revenge trades. A tool built around it is a nice differentiator.
- Trading channels and chat rooms. Community access, so you are not learning alone.
- 24/7 customer support. Support runs through a ticket system in Discord, with an email option for anyone not on Discord.
That is a lot under one subscription. Many trading communities split the course, the community and the tools into separate paid tiers. Here they come bundled.
What members keep saying
Members' own words tell the story better than I can. A few from the listing:
"The content and the team at Rake Trades are awesome. So much value provided in a very straight forward and easy to follow way." (5 stars, a member of RakeTrades Premium)
"For the price this course if offered at I honestly don't think you can get much better. The information alone within the lessons would take someone several years to learn for free so at this price point I'd give it 5 stars all day. The levels system that is taught has become a fundamental part of…" (5 stars, a reviewer of RakeTrades Premium)
Two themes repeat. First, clarity: reviewers say the material is easy to follow, which matters a lot in futures, where jargon can bury beginners. Second, value for the money: one reviewer says the lessons would take years to learn on your own, and credits the "levels system" taught inside as a core part of their approach.
There is also a community and events side. Reviews of Alan's Charity Webinar are glowing, with one member calling it a "gem" and saying that being able to talk to him live was "such a blessing." Another simply called it an "educational masterpiece." Both were five stars. It tells me the team shows up for its members beyond the recorded lessons.
Want to read the full review wall before you decide? GO READ THE 5-STAR REVIEWS YOURSELF and see whether they match what you are looking for.
RakeTrades pricing and value
At the time I checked, RakeTrades Premium was listed at $199 per month, billed every 30 days. Prices on Whop can change, so confirm the current figure on the page.
For context, that single subscription covers the full course, the trade review library, daily and weekly materials, the psychology tool, the chat rooms and the support line. If you were buying those pieces separately elsewhere, the total would add up quickly. The reviewer who said they "don't think you can get much better" at this price was clearly weighing that same comparison.
A few policies are worth knowing going in, all stated plainly in the FAQs:
- Cancellation: you manage your own subscription through your Whop account settings, or by contacting the team.
- Refunds: paid fees are non-refundable, though certain requests are considered case by case. That is standard for digital education products on Whop, so treat it as a reason to be sure before you subscribe.
- Licensing: RakeTrades is not a registered investment advisor or broker/dealer. All content is educational. That is the honest framing you want from a trading educator.
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Who RakeTrades is for
Based on what the listing and members describe, RakeTrades fits a few kinds of readers well:
- Newer futures and options traders who want one structured course instead of piecing together YouTube videos.
- Traders who struggle with the mental side and would use a dedicated psychology tool alongside the lessons.
- People who learn by watching real trades. With 500+ trade reviews, there is plenty to study.
- Anyone who wants daily structure, meaning a watchlist to open and a weekly newsletter to keep them oriented.
- Learners who want a community with chat rooms and live events, not a silent video library.
If you prefer to pay once and never think about it again, a monthly subscription may feel different from what you are used to. But if you want ongoing access, new material and a community, the recurring model is what makes that possible.
Programs like this can change pricing or availability without much notice, so SEE WHAT'S AVAILABLE ON THE PAGE TODAY while you are thinking about it.
Pros and cons
Pros
- Exceptional ratings. 4.96 across 368 reviews, with 357 at five stars.
- Large, established community. More than 15,800 members since 2023.
- A complete bundle. Course, trade reviews, watchlists, newsletters, psychology tool, chat and support in one plan.
- Beginner-friendly teaching. Members repeatedly describe it as easy to follow.
- Visible creator. Public profile, Instagram and YouTube you can check out yourself.
- Transparent policies. Licensing, support, cancellation and refunds are spelled out.
Cons
- Monthly cost. $199 per month is a real commitment, so it suits people serious about learning.
- Refunds are limited. Fees are non-refundable apart from case-by-case requests, which is typical for digital products here.
- Educational, not advisory. It teaches you to trade; it does not manage money or promise outcomes.
The verdict: is RakeTrades legit?
Yes. RakeTrades has the markers I look for before recommending a trading community: a 4.96 rating across 368 reviews, over 15,800 members, a creator with a public footprint, and clear terms spelled out in the FAQs. The premium plan's 4.99 rating says the core product is delivering for the people who use it.
What I came away with is that this is a well-organized, education-first operation. The reviews keep praising the clarity of the lessons, the quality of the team and the value for the price. If you are a futures or options trader who wants structure, real trade breakdowns and a community, it is easy to see why members rate it so highly.
If it sounds like a fit, the sensible move is to look at the current plan and pricing yourself. SEE THE LIVE RAKETRADES OFFER ON WHOP and decide with the details in front of you.
Futures trading involves real risk. Nothing here is financial or professional advice; do your own due diligence.