NOFT Traders Review
To compete with the pros on Wall Street, you have to get a glimpse inside their mind. Many of these guys spend countless hours studying the markets: 12-15 hour work days aren't uncommon at hedge funds and investment banks.
NOFT Traders know this because they lived it. Sporting a team of highly talented professionals, NOFT claims they can take you inside a world often unseen by retail investors.
Does NOFT-Traders provide the better order flow based analysis software? In this NOFT Traders review, we'll dissect the claims and let you know if they deserve your hard earned money.
Transparency: When you buy certain products from some of the sites which we link to, we may earn a small share of the revenue
What is NOFT Traders?
NOFT Traders is an investment advisory service that teaches students forex and futures trading. The NOFT system is structured around the concept of order-flow sequence tracking. The idea is that once you master this concept, you'll be able to understand why institutions earn the bulk of trading profits in the market.
Important Update: The NOFT-Traders website is currently not available. It seems that they suspended their service. I recommend you to check out the NinjaTrader 8 integrated Order Flow + module mentioned in my NinjaTrader review. If you need free NinjaTrader trading indicators, download them here.
If you are interested in trading forex or futures without putting your trading account at risk, consider joining the TopstepTrader funded trader program (Free Trial + 20% off).
Products | Services | Costs
NOFT Traders has three main products in its inventory:
- Institutional Edge System (Futures Trading)
- Forex Alpha (Forex Trading)
Let's take a closer look:
NOFT Traders Futures Institutional Edge System
The Futures Institutional Edge System offers step-by-step instruction of concepts 95% of traders don't know. Their strategy is to teach you about real-time institutional-grade order flow sequences.
What is order flow trading?
The strategy is to position your trades on the right side – and in front of – large players in the derivatives market. By following the NOFT Trader Institutional Edge System, you can learn to positon yourself in front of these traders and follow the momentum to higher profits.
So, what do you get when you sign up?
- Nine master class video modules
- Live trading exercises
- Next level real-time NOFT trading software
- Free upgrades for life
- Free master class updates
- Personal white glove remote installation
- Full 14-day money back guarantee
The master class videos come with over 50 hours of step-by-step instruction outlining low-risk, high-reward trading opportunities. With the live trading exercises, you get to participate in weekly Q&A sessions as well as the weekly online webinar.
The real-time software suite and white glove remote installation provide you with the necessary data tools to trade futures without any lag or delay in the process.
The best part about the offering is it comes with a full 14-day money back guarantee. When putting together reviews, we always cite how important it is to allow subscribers risk-free access to the strategy.
It's easy to make promises and prey on people's eagerness to improve their trading game. So by allowing a full refund, it shows NOFT Traders are willing to back it up. However, you should read the exact T&C regarding the refund before you buy.
What does the NOFT Traders Futures Institutional Edge System cost?
Unfortunately, the price isn't directly disclosed on the site. But once you enter your email address, you will be forwarded to a landing page that includes the price tag. The NOFT Traders Institutional Edge System costs $6,700!
For me, that's just too expensive in relation to the publicly accessible information NOFT Traders provides. So what's our opinion of the Futures Institutional Edge System? To have the chance to learn from experienced Wall Street professionals isn't something you can get just anywhere. More importantly, being insiders adds credibility to their claim that they have, and can teach, winning trade strategies.
If you're interested, our advice is to email them directly. Since their names aren't disclosed, ensure they provide you a list of instructors so you can check their background and ensure they're legit. This is also one of the most significant disadvantages of NOFT Traders. There is just no information about the team or company behind the program available.
However, considering they offer a full 14-day money back guarantee, I'm sure they'll be transparent once you signed up. My interpretation of NOFT's refund policy is that you can use the listed products for 14 days and there will be no question asked if you request a refund. This is a big plus compared to other trading courses.
NOFT's Refund Policy:
Back in 2018, I had an interview with one of their head traders, Troy Epperson and had access to their program. However, the owner of NOFT-Traders changed in 2019 and I cannot provide any details from the inside right now.
I also don't know if Troy is still working at NOFT Traders. Please, give them a call or write them an email before you put money on the table.
NOFT-Traders Forex Alpha
Forex Alpha is an institutional-grade currency analytics platform that provides data on institutional bids and offers. The subscription costs $1,999, but before signing up you can book a free live demo where a NOFT Trading expert walks you through how and why the product works.
When using the service, you receive real-time updates that help you avoid unforeseen currency swings and analyze volume in a more detailed manner. The key to the strategy though, is institutional investors have advanced charting equipment that can assess when the market is running out of gas and buyers are thin or when a sell-off is just picking up.
These factors have a significant price impact on currency pairs. So by using NOFT Trader's Forex Alpha, you can get the same level of insight.
What's included with a NOFT Traders Forex Alpha subscription?
For starters, you get several institutional grade currency analytics tools:
- Market valuation indicators
- Supply and demand indicators
- Institutional trade indicators
- Exhaustion alerts
- Reversal alerts
- News and highlight feeds
- Time and price opportunities
- Order size profiling
- Position sizing and risk-reward calculator
The educational part of the course is also very thorough. It includes over 50 lessons on how to trade currencies and how you can use the indicator tools to spot profitable opportunities.
NinjaTrader is a pro-grade trading platform that comes with advanced charting tools. Check out our comprehensive guide about the best stock screener available right now. It covers more than 50 different stock screeners available.
From the market leaders of traditional charting like NinjaTrader, eSignal and VisualVest, up to modern artificial intelligence based stock screeners like Trade Ideas. Like the Futures Institutional Edge System you also receive the white glove setup as well other free software that helps get you started.
Last is the KickStart currency setup. It's a $250 value and is included as free bonus.
So what's the deal?
Should you buy Forex Alpha?
Well, compared to the Futures Institutional Edge System, at least the pricing tag is lower. But both, paying $6.700 for the IES or $1.999 for the Forex Alpha program feels kind of expensive in relation to the free available information provided.
The big plus is, that also the Forex Alpha program is mentioned in the refund policy and it seems that you can also try this program for up to 14 days and get your money back if you decide to stop the program. However, I encorage you to contact NOFT first before you taking action.
Another cool option for both programs is the option to participate in the live demo. By having a professional NOFT Trader walk you through, you can assess the quality of the products. More importantly, the live demo shows that NOFT Traders are willing to stand behind its product, which is vital for a purchase of $1,999.
We think you should first give them a call and ask to talk with one of the head traders instead of a call with one of the salespersons. Make sure to have your questions ready and ask for the exact conditions of the 14-day money back guarantee that they advertise with. Also, remember, you need NinjaTrader which costs you more than $1,000 extra.
Free Trial | Promo Code
Unfortunately, NOFT Traders does not offer a free trial for its trading courses. However, it does come with a 14-day money back guarantee. Also, you can book a free one-on-one session where a NOFT Trader will walk you through how to use the program and show you many of the techniques institutional traders use to trick, trap and blindside retail investors.
NOFT Traders provides guides on Order-Flow Basics, Tape Reading and Trading With Less Than 20k. The NOFT Traders Blog also has some useful information on Futures, Forex, Options, and Stock Trading. Keep in mind, while NinjaTrader is for free while paper trading, you have to pay for it once you are ready to get started with live trading.
NOFT Traders Checklist
- Company Address check: Invest Pub LLC | NOFT Traders | 11276 San Jose Blvd | Jacksonville | FL 32223 | USA
- Price level:$1,999 to $6,700
- Transparency: No official pricing information, no information about the team
Who is NOFT Traders Best For?
NOFT Traders can be considered by anyone interested in derivatives or someone with a passion for currency trading. The site offers a Futures Institutional Edge System which helps you master the futures market.
It's common knowledge that derivatives trading, and all assets for that matter, are dominated by institutional investors. By using NOFT Trader's products, you get insight into how the professionals think and the best strategies to exploit it.
If you're serious about forex trading, the Forex Alpha course covers an abundance of concepts that teach what to look for in the market and how to spot moves made by the professionals.
However, there are great alternatives available and some of the best trading courses are available for much less. But as you know, pricing is not always the only aspect to be considered.
We stay by our general rule: As long you can test a trading course for free, you can test it. Once you tested it, you have to be strict and decide on how to proceed and where to invest your money.
Nothing speaks against the idea to test as many trading courses for free and after that to decide which way to go. Right? With NOFT Traders it is a bit more complicated. They do not offer a free trial, but a money back guarantee instead.
NOFT Traders Review Summary
NOFT Traders site claims its instructors are former professional prop traders that headed departments at major hedge funds, investment banks, and insurance risk management firms. The site offers two main products:
- Futures Institutional Edge System
- Forex Alpha program
The cost of the program isn't directly disclosed. But I have the information ready for you. The Forex Alpha program costs 1,999 while the IES program costs $6,700. The team offers a 14-day money back guarantee, which adds peace of mind. Keep in mind to read the exact T&C regarding the money back guarantee before you buy.
More importantly, the team offers a free one-on-one trading session where a NOFT Trader explains how to use the program and how it will give you an edge.
Consider that you also have to pay more than $1,000 for the NinjaTrader trading software.
The site owner changed, and I do not have access to their platform anymore. I always appreciated working with them and also had a chance to ask Troy Epperson, head trader at NOFT, some questions.
Interview with Troy Epperson
In this interview, Mr. Epperson will tell us something about the philosophy of NOFT-Traders and he will also reveal some details about his personal way of dealing with the financial markets.
7 Questions to Troy Epperson, Head Futures Trainer of Ninja Order Flow Traders Aka NOFT
Question: Mr. Epperson, first of all, thanks a lot for being ready to answer these questions my readers and me are interested in! Could you, please, start with telling us a little bit more about yourself?
Answer: Started trading stocks and options in college and really have not stopped trading since. Of course have added futures and forex trading over the years. I have traded my own money, private individuals funds and worked for a prop firm/hedge fund trading. I joined NOFT about 6 years ago.
Question: So, when did you start with futures trading and what was your personal motivation to get into this business? By the way, do you still remember your most successful trade and your biggest mishap?
Answer: I started trading futures about 10 years ago and was particularly interested in the leverage and tax benefits verses trading stocks. At the time the ES was really the place to trade. My biggest mishap was about 5-6 years ago, I was trading a small individual investor account for a client and instead of 1 contract I got filled with 10. I remember freaking out because I was on the verge of a margin call on the account in addition to having 10 contracts…I immediately got out with a 1 tick profit… Small accounts are a lot of work. I don't really remember my most successful trade but do remember having a $50,000 week…or last year having a run of 30 profitable trades in a row with no losers and a couple of 100 tick trades in that run!
Question: To which kind of investors do you offer the services of NOFT-Traders?
Answer: Our primary focus in on the Futures trader but we also have forex and option products. For the futures trader, we offer software and education specifically focusing on short term order flow trading.
Question: What is the main difference between NOFT-Traders and the competitors in the market?
Answer: Well, that is actually an easy question. Because we don't just sell you the software and disappear, we teach you how to use the software and then teach you the most important part, which is HOW to apply it and learn to trade. We have various levels of education products so you can pick and choose the level of training you need. For example, on demand video library, live training classes, individual mentorships and in person boot camps at our Knoxville, Tennessee training center.
Question: In your personal opinion, what do you see as the most important changes in futures market trading during the last years? What changed into the better and where do you still see an urgent need for action?
Answer: Accessibility! With the internet, you can trade from anywhere in the world! The costs of entry are very low. While this is a huge advantage, it is also pretty scary. It means with very little capital anyone can be a trader. That is like letting newly licensed teenage drive a Ferrari on the autobahn. Probably not the best idea. We need education and training so folks can learn to crawl/walk before they try to run.
Question: If you could look into the future to see where we will be in three years, what will have changed in futures trading then?
Answer: More accessibility! Trading platforms are starting to move to a mobile or tablet based devices moving away from the computer trading stations. As mobile internet speeds increase and the computing power of tablets and phones increase the need for a physical location will virtually disappear.
Question: In your personal point of view, what are the three biggest advantages regarding the futures market?
Answer: Leverage, transparency and safety.
Bonus Question: What do you think, is the most important aspect in day trading every beginner should be aware of?
Answer: Learning curve. Preservation of capital. Lets face it, trading takes time to learn and most beginners underestimate the time it takes. They should allocate more funds to education and start with more trading capital then they do. Most beginning traders fall because they do not survive the learning curve and blow out their accounts due to under capitalization.
Mr. Epperson, thanks a lot for taking the time to answer our questions. All my very best wishes for your business and for your personal life!