RakeTrades Review 2026 — Is It Worth It?

RakeTrades is a $199/month day trading community built around price action education, trend following strategies, and prop firm preparation. It's got 12,389 active members, a perfect 5.0-star rating across 331 reviews, and daily live trading sessions led by founder Jake Ricci. This RakeTrades Review 2026 — Is It Worth It? guide cuts through the marketing to help you decide if you should actually join. If you're someone who wants to learn how to trade for a prop firm, or you're already trading but want structured education and community feedback, keep reading. If you're looking for a get-rich-quick scheme or passive income from trading, you should stop here.

Check out RakeTrades here to see the full offer, but first, let's figure out if it's right for you.

The 5 Questions to Ask Before Joining

1. Are you actively trading or seriously planning to start within the next 30 days? RakeTrades isn't for passive learners. You'll get the most value if you're already placing trades or ready to start immediately. If you're just "thinking about trading," the material will feel abstract and the $199 monthly cost will feel wasted.
2. Do you care about passing a prop firm evaluation? RakeTrades has explicit prop firm preparation content built into the curriculum. If your goal is to trade with capital you don't own (and take a cut of profits), this is a core selling point. If you just want to trade your own small account, this feature is nice but not essential.
3. Can you commit to showing up for daily live trading sessions? The community's value compounds when you participate. If your schedule means you'll miss most live sessions and can't watch recordings consistently, you're paying for access you won't use. Be honest about this one.
4. Do you learn better in a group setting with real-time feedback? RakeTrades relies on community discussion and support. If you prefer self-paced, structured courses with written material, you might find the community-first approach frustrating. Some people thrive here; others need different formats.
5. Are you comfortable paying $199/month with no cheaper entry point to test it first? There's only one plan, and there's no trial or lower tier. You're committing to the full price immediately. If you need to test a product before investing, this pricing model will feel risky.

What You're Paying For (Line by Line)

Let's break down exactly what $199/month gets you with RakeTrades Premium:

• Price action day trading education: You get structured training on reading price action without relying on indicators. This is the core curriculum. It's useful if you're tired of "buy when the RSI hits 30" trading advice, but it requires you to actually study and practice. This isn't a shortcut.
• Trend following strategies: Specific, documented strategies for trading in the direction of established trends. You'll get the theory and practical setups. Whether you use these directly or adapt them is up to you, but the frameworks are there to study.
• Prop firm preparation content: This is the differentiator. You're getting training specifically designed to help you pass prop firm evaluations and trading tests. If this is your goal, you're not paying for general trading education — you're paying for specialized prep.
• Daily live trading sessions: Jake Ricci or other community members host live sessions where you see real trades happening in real-time. You can ask questions, see decision-making in action, and get feedback. The value here depends entirely on whether you actually attend and engage.
• Community discussion and support: Access to 12,389 other members. You can ask questions, get feedback on your trades, and discuss strategy. The quality of this depends on the community's engagement level and moderation, which the 5.0-star rating suggests is solid.

What you're not getting: a step-by-step trading bot, guaranteed profits, a magic system, or personalized one-on-one coaching. RakeTrades is educational content plus community access. Execution is on you.

See what's included with RakeTrades and check the current pricing.

Real Reasons People Leave (And Real Reasons They Stay)

Why people stay:

• They're actually using the prop firm preparation content and it's shortening their path to funding.
• The daily live sessions create accountability — showing up keeps them disciplined.
• Jake Ricci is visibly active and engaged in the community, not just collecting fees and disappearing.
• The 5.0-star rating with 331 reviews means retention and satisfaction are measurably high.
• They found their trading edge faster through structured price action education than they would have alone.

Why people leave:

• The premium price point ($199/month) adds up to $2,388/year, and if they're not trading yet or trading small amounts, the cost-to-benefit ratio feels off.
• There's no cheaper test option. Some people want to sample the community or watch a few sessions before committing to the full price. The all-or-nothing model creates friction.
• They joined for the education but realized they don't have the discipline or time to execute trades consistently. The knowledge isn't the problem; habit is.
• They expected personalized coaching and didn't realize it's community-based learning. The learning curve is steeper than they anticipated.
• They're not interested in prop firms and wanted general trading education, so the specialized prop prep felt like overkill.

RakeTrades Review 2026 — Is It Worth It? For Three Specific People

For the prop trader applicant: Probably yes. If you're trying to pass a prop firm evaluation and you've been struggling to understand prop firm psychology or risk management rules, RakeTrades' specific prep content is designed for you. You're not just learning to trade — you're learning to trade *their way*. The daily live sessions and community feedback help you practice under conditions closer to the actual test.

For the self-taught trader who's plateaued: Maybe. If you've been trading alone for 6+ months, hit a wall, and realize you need structure and community feedback, RakeTrades could accelerate your improvement. But only if you commit to actually attending sessions and engaging with the community. Buying it and half-using it wastes money.

For the absolute beginner with no trading experience: Probably no. Start cheaper. RakeTrades assumes you already understand basic concepts like support/resistance, position sizing, and risk management. If you don't, you'll feel lost. Use free resources or cheaper courses first, then upgrade to RakeTrades once you're actually trading.

Pros & Cons

✅ Pros

• Perfect 5.0★ rating with 331 reviews — highest rated in network
• 12,389 active members — large community
• Jake is active and engaged
• Focus on prop firm preparation — high demand niche
• Practical education over theory

❌ Cons

• Premium price point
• Only one paid plan — no cheaper test option

Get started with RakeTrades and save $25/month through our exclusive link.

FAQ

Is RakeTrades legit?

Yes. It has a 5.0-star rating across 331 reviews, 12,389 active members, and founder Jake Ricci is visibly active in the community. There's no evidence of scams or hidden fees. The one caveat: it's a real trading education product, not a money-printing machine, so results depend entirely on your execution.

How much does RakeTrades cost?

RakeTrades Premium is $199/month. There's no annual discount mentioned, no cheaper tier, and no free trial. Using our affiliate link saves you $25/month, bringing it to $174/month if you maintain the discount.

Who is RakeTrades best for?

RakeTrades is best for people actively trading or ready to start, especially those targeting prop firm funding. It's also good for intermediate traders who've plateaued and want structured price action education plus community feedback. It's not ideal for absolute beginners or people who prefer self-paced learning without live components.

Does RakeTrades have a free trial?

No. There's no free trial or lower-priced test plan. You commit to the full $199/month (or $174/month with our link) from day one. This is a weakness if you want to sample the community first.

What's the difference between RakeTrades and other trading communities?

RakeTrades' main differentiator is its explicit focus on prop firm preparation and Jake Ricci's active leadership. Other trading communities exist, but RakeTrades' 5.0-star rating and 331 reviews suggest higher satisfaction. The price point is competitive for the community size and content depth, though you're paying premium for the prop firm specialization.

Verdict

Score: 7.5/10

RakeTrades is a legitimate, well-reviewed trading community with genuine value for prop firm applicants and intermediate traders. The 5.0-star rating and Jake's active involvement are real strengths. However, the $199/month price with no trial or cheaper tier creates meaningful friction for new members. You're making a blind $199 commitment, which is a real cost if the community doesn't match your learning style.

Best for: Active traders preparing for prop firm evaluations, intermediate price action traders seeking community feedback, and people with the discipline to attend daily live sessions consistently.

Visit RakeTrades and join the community today.

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