Epic Trading
Forex education / MLM scheme · Est. 2020 · Appears wound down
TC RATING
Not Rated
We do not recommend this platform. Epic Trading was a multi-level marketing scheme rather than a regulated broker, the Philippine SEC publicly warned it operated as a pyramid-style scheme, and it appears to have wound down. It does not qualify for a TC Rating.
Epic Trading was not really a broker. It was a forex education brand built on a multi-level marketing model, where the money came less from teaching people to trade and more from recruiting others to sign up. A financial regulator flagged it as a likely pyramid scheme, the platform appears to have wound down, and we do not recommend it. Here is what it was and why.
Is Epic Trading regulated or safe?
No. Epic Trading was not regulated by any top-tier financial authority, and it does not hold a licence to offer securities or investment services anywhere we could verify.
More tellingly, the Securities and Exchange Commission of the Philippines issued a public advisory against it on 19 January 2021. The SEC warned that Epic Trading was not authorised to solicit, sell, or distribute investments to the public, and described its real draw bluntly: not forex trading, but the chance to earn referral fees from recruiting others, advertised as high as $1,000,000. The regulator characterised the structure as a pyramiding scheme, where money flows from new recruits rather than from any genuine trading activity.
That is the clearest signal you can get. When a regulator publicly states that a company’s appeal is recruitment rather than the product it claims to sell, the product is not the point.
- YOUR MONEY IS NOT PROTECTED
Trading with an unregulated broker carries real risks. You have no access to a financial ombudsman, no guaranteed segregation of your funds, and no compensation scheme if the broker fails or refuses a withdrawal.
What Epic Trading actually was
The brand name spelled it out: EPIC stood for “Exceptional People Incredible Compensation,” which is network-marketing language, not trading language. It was operated by Epic Trading LLC, launched around 2020, and sold tiered monthly subscriptions, roughly from $15 a month at the bottom to several hundred dollars a month at the top.
In return, members got access to an “Epic University,” forex signals, analysis tools, and live webinars. But independent reviewers found that the lower tiers were built mainly around promoting the subscription itself rather than delivering real trading education. The structure rewarded you for bringing in new members, which is the defining feature of MLM, and the reason these schemes tend to enrich the people at the top while most participants lose money.
The red flags
- Recruitment over results. Income depended on signing up new members, not on anyone actually becoming a profitable trader.
- A regulator’s warning. The Philippine SEC publicly flagged it as an unregistered, pyramid-style scheme.
- No regulatory protection. With no top-tier licence, members had no oversight, no compensation scheme, and no one to complain to.
- Recurring fees with little to show. Monthly subscriptions stacked up while the substance of the “education” was thin.
- It went quiet. The platform stopped functioning and went without updates, leaving paying members with no service and no clarity.
Conclusion
Epic Trading was a multi-level marketing scheme wearing the clothes of a forex education platform. Its own compensation structure rewarded recruitment over trading, a national regulator warned the public about it, and it appears to have wound down, leaving subscribers stranded. Whether you call it a scam or a failed MLM, the outcome for most members was the same. We do not recommend it.
If you want to learn to trade, look for genuine education that does not ask you to recruit anyone, and choose a properly regulated broker to actually trade with.
- LOOKING FOR A REGULATED BROKER?
This review is published for information only. If you want a regulated broker for this type of trading, see our regulated CFD brokers instead, where every broker there is checked against our regulation-first standard.
Frequently asked questions
Is Epic Trading a scam?
The Philippine SEC publicly warned that Epic Trading operated as an unregistered, pyramid-style scheme driven by recruitment. Combined with its collapse and lack of regulation, that is why we do not recommend it.
Was Epic Trading regulated?
No. It held no top-tier licence and was not authorised to offer investments. The Securities and Exchange Commission of the Philippines issued an advisory against it on 19 January 2021.
Is Epic Trading still operating?
It appears to have wound down. The platform stopped functioning and stopped posting updates, leaving paying members without the service they signed up for.
