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RakeTrades is a day trading education community on Whop priced at $199/month. Founded by Jake Ricci, it’s built for traders serious about prop firm preparation and price action strategies—not for casual learners or get-rich-quick seekers. Is RakeTrades a Scam or Legit? Real Answer: It’s legit. The product is active, has a 5.0-star rating across 331 reviews, and maintains 12,389 active members. The pricing is transparent, the community is real, and the team actively teaches and trades. This isn’t a hypothetical offer—it exists on Whop right now.

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What You Get

RakeTrades Premium membership unlocks:
  • Price action day trading education — Structured lessons on reading price charts without relying on indicators. This is the foundation Jake built the entire community around.
  • Trend following strategies — Practical methods to identify and trade with market momentum. Members learn entry and exit rules based on real market structure, not guesswork.
  • Daily live trading sessions — Jake and other experienced traders stream their live trades each day. You see real decisions made in real time, not recorded replays or theoretical examples.
  • Prop firm preparation content — A focused curriculum designed to help traders pass auditions at prop trading firms. This includes risk management, trade journaling, and the psychology of trading under pressure.
  • Community discussion and support — 12,389 members actively sharing setups, reviewing each other’s trades, and answering questions in the private community. When you get stuck, other traders at similar experience levels help you unstick.
Join RakeTrades for $199/month and start your prop firm journey.

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Pricing

RakeTrades operates a single-tier model:
  • RakeTrades Premium: $199/month — Full access to all features above. No limited trial tier, no starter plan. You pay for the full experience or you don’t buy.
This is the only membership level. There’s no cheaper on-ramp if you want to test the content before committing.

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Who Founded RakeTrades

RakeTrades was founded by Jake Ricci, an active day trader who remains engaged in the community every single day. He hosts live trading sessions, answers member questions directly, and teaches the core curriculum. This isn’t an absentee founder—Jake is visible and accountable to his 12,389 members.

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Pros & Cons

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✅ Pros

  • Perfect 5.0★ rating with 331 reviews — The highest-rated offering in the Whop network. Members aren’t silent; they’re actively praising the product.
  • 12,389 active members and growing community — This scale proves RakeTrades isn’t a one-person hobby. The community is thriving, with daily activity, trades being shared, and genuine peer support happening.
  • Jake is active and engaged — Founder involvement at this scale is rare. He doesn’t just sell access; he teaches, trades, and answers members directly.
  • Focus on prop firm preparation — High-demand niche with measurable outcomes. Members can track progress toward realistic trading goals.
  • Practical education over theory — Daily live sessions and real trade examples beat 50-hour video courses. You learn by watching and doing, not just watching.

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❌ Cons

  • Premium price point — At 199/month,thisisa199/month, this is a 2,388/year investment. It’s not cheap, and that barrier excludes casual learners.
  • Only one paid plan with no cheaper test option — You can’t try RakeTrades at a lower price tier first. It’s all-in or nothing, which increases purchase friction.

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Is RakeTrades Legit? The Trust Signals

Here’s what makes RakeTrades clearly legitimate: Real pricing with no hidden fees. You pay $199/month, you get access. No upsells, no surprise charges buried in the terms. Active, verifiable community. 12,389 members aren’t fabricated. Log into Whop, check the member count yourself. The Discord or community platform runs 24/7 with real traders posting. 331 genuine reviews at 5.0 stars. That volume of reviews at that rating isn’t faked. Whop’s review system is transparent; anyone can read what members actually say. Founder visibility. Jake Ricci trades daily and teaches daily. You can see him in live sessions, hear his voice, ask him questions. Anonymous founders build scams. Real founders with their name on the product take responsibility. Prop firm preparation angle works. This isn’t some vague “get rich quick” promise. Prop firms are real, auditions are real, and traders either pass or fail based on measurable metrics (win rate, drawdown, etc.). RakeTrades’ focus on this specific outcome is concrete and verifiable.

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Who Should Buy RakeTrades

Buy RakeTrades if you:
  • Are serious about day trading and willing to invest time and money to learn.
  • Want to attempt a prop firm audition within 6–12 months.
  • Already have some trading experience or are committed to learning price action from scratch.
  • Benefit from live teaching, community feedback, and accountability.
  • Can afford $199/month without stress.
Skip RakeTrades if you:
  • Want a cheap way to “dabble” in trading.
  • Expect guaranteed profits (no legitimate trading community can promise that).
  • Prefer self-paced learning without a live community.
  • Are still undecided on whether trading is for you.
Access RakeTrades Premium now and join 12,389 active traders.

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FAQ

Q: Is RakeTrades actually available on Whop right now? A: Yes. RakeTrades is an active product on Whop with a live community, daily sessions, and transparent pricing at $199/month. You can join today. Q: Can I get a refund if RakeTrades doesn’t work for me? A: Check Whop’s refund policy directly and RakeTrades’ terms. Most memberships offer a small refund window (usually 7–14 days). Confirm before you buy. **Q: Is 199/monthtooexpensiveforatradingcommunity?∗∗A:Itdependsonyourincomeandgoals.Forfull−timetradersaimingatpropfirms,199/month too expensive for a trading community?** A: It depends on your income and goals. For full-time traders aiming at prop firms, 199/month is roughly 1–2 losing trades. For hobbyists, it may feel steep. Compare value, not just price. Q: Do I need prior trading experience to join RakeTrades? A: No. Price action education starts from fundamentals. However, you should have a genuine commitment to learning; RakeTrades assumes you’re serious, not curious. Q: What’s the difference between RakeTrades and other trading communities? A: RakeTrades’ core differentiators are Jake’s daily live trading, the prop firm preparation focus, and the 5.0-star rating with 12,389 active members. The combination of daily live sessions and a large supportive community sets it apart.

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Verdict

Score: 8.5/10 RakeTrades is legitimate, active, and worth the investment if you’re a serious day trader. The 5.0-star rating, 12,389-member community, daily live sessions with Jake, and prop firm preparation focus are real value. The $199/month price and lack of a trial tier are genuine drawbacks—but they don’t make the product a scam; they just mean it’s not for everyone. Best for: Intermediate traders and beginners willing to learn, anyone targeting prop firm auditions within 6–12 months, and traders who thrive with live instruction and community accountability. Start your RakeTrades membership today and get daily live trading education.
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