Mark Sterling

Is Epic Trading Legit Or Just Another Pyramid Scheme?

David Sharpe bioEpic Trading Logo

[Epic Trading Logo from their corporate Facebook page]

One of the first questions you're going to be asked by your friends and family when you tell them about your new Epic Trading business — if you decide to get involved — is going to be “is this one of those pyramid things”? I guarantee it.

So in this review, I’m going to give you my honest opinion, plus reveal the #1 reason most people fail who join “home-based businesses” like Epic Trading (and how to actually succeed if you do get involved).  

So even though you may have clicked this article looking for the inside scoop on this company, you’re actually going to get much more than that. Let’s begin...

Epic Trading is a network marketing (or MLM) company out of Henderson, Nevada headed up by CEO, David McCovy.

David has a history in MLM, starting back in 2014 ranking up to Senior Vice President in 5Linx, then onto Paycation (which is no longer in business), and then launched his own company, still operating as of today, called Evolution Travel (which seems to be a spin-off of the failed Paycation).

There are some other notable MLM names on the executive list of Epic Trading, including Spencer Iverson and Jonathan Green.

Epic Trading offers, what seems to be it’s flagship product “Epic Scholar” for $99.99 per month, which includes trade alerts, trading sessions, fundamental analysis, and market forecasts.

In terms of whether Epic Trading will be considered a legit company long-term will mostly be determined by whether their training can be sold as a stand-alone product. Or if the only people who buy the training are IBO’s (independent business owners) who sign up to recruit other IBO’s, who sign up to recruit other IBO’s, and so on. If that’s the case, regulators could move in and shut the company down as an illegal pyramid scheme.

In recent years, MLM’s have come under more heat than ever because people are starting to pick up on the pay-to-play recruitment-heavy business models that resemble the old chain letter schemes of the past.

Although the more sketchy MLM’s of today are more dressed up with fancy websites and big raw-raw events, they typically have no actual outside retail sales and make most (or all) of their money from recruiting. The easiest way to predict if Epic Trading is a good, viable company that’s worth your time and money to invest in is by asking yourself “would I buy their products stand alone if there was no income opportunity attached to it?”

If the answer is no, then maybe you might want to reconsider your choice.

Now let’s talk about why 99% of people fail who try any work-from-home business and what you need to know before trying any new side hustle.

First of all, if you get involved in a business and the first tithing they tell you is to make a list of your friends and family and start pitching them — inviting them to meetings and calling them to do 3-way calls with your “upline” leader — run for the hills. You’re being primed for failure.

Why is this a big red flag? Because network marketing owners know that most people will ever only sell to — or recruit — 2-3 people during the entire lifespan of them working the business. So they try and teach the simplest and most dumbed-down technique that anyone can do.

And sure, you might sell to or recruit 2-3 people, but is that what you’re looking to do? Make an extra $20-$100 bucks? That won’t even cover your costs of joining!

My guess is that you want to make serious money. You want to fire your boss. You want to actually have the flexibility to work from home, or from wherever you want. Am I right?

Here’s the secret (that’s not actually a secret, it’s common sense)…

You need to learn marketing. 

Specifically, you need to learn online marketing. Because the power of marketing to thousands (or millions) of people on social media and using automation to more effortlessly build your business is what is going to help you succeed. Not chasing friends and family and ending up in the NFL (“no friends left” club).

How do I know?

Because I was once and broke and desperate network marketer! My upline sponsor kept telling me to “make another list, make another list”. However, I was tired of chasing friends and family and getting rejected! I was tired of posting signs in my yard and magnets on my old rusty Ford F-150 that no one ever responded to.

Epic Trading Review

So, instead of suffering more (and too hard-headed to quit), I developed a new way of getting leads and signing people up — and soon everyone in my company wanted to know my secret.

Epic Trading Review

Magazine Cover

David and check on the table

I had so much success in MLM that I was able to pay my Mom back the money she gave me to join (thanks Mom) and buy her a brand new vehicle. Heck, I was able to buy my Dad a new truck and a house!

Epic Trading Review

Epic Trading Review

These are the things I dreamed of doing when I joined in the first place, and after learning online marketing and automated lead generation, I was finally able to accomplish those goals.

I’m now retired from MLM and teach online marketing full-time and many of my students are new network marketers looking to join companies like Epic Trading. Many of them have failed in other opportunities in the past because they didn’t know this important information.

And it’s not their fault — they were likely recruited by someone who also didn’t know anything about marketing, and they never received any real training.

Here’s the truth. Most big raw-raw MLM events are just designed to keep you motivated. And most “huge company conference calls” or webinars only showcase success stories of other top earners but leave you wondering “how do become successful like them?”

So ask yourself – do you think it’s more important to find “the best company” or to learn how to succeed in any company? 

What if MLM is not even the best business model for you to generate the extra income you want? I can tell you that once I quit MLM my income really took off.

See, there are lots of different business models these days, thanks to the internet. And although MLM can seem appealing because someone you know is doing it, it might not be the best fit for you. Especially because of the negative criticism you’re likely going to get from your friends and family.

There are many other online marketing options that can bring you the type of side-income you’re looking for, are more legit, and even easier to do.

You can sell “on-demand” t-shirts on Shopify.

You can re-sell books on Amazon.

You can sell marketing services to local businesses.

But there’s one model I usually recommend to my students over anything else. It’s the most simple, and most profitable of any I’ve ever seen. And I’ve seen it all in the last ten years since I’ve been full-time marketing online.

It allows you to build something that is truly your own. You own it. The government is not going to shut it down and call it a pyramid scheme. Your friends and family will be intrigued by what you do, not critical of it. And most importantly, in my experience, it’s more profitable and does not require you to be good at sales or have some super-duper charismatic personality in order to succeed.

Before you start or join any business, Epic Trading included, I recommend you watch this short 20-minute video case study designed for anyone looking to start an online business but doesn’t know where to begin.

In the short, free, no-fluff, and no-hype case study video I’ll explain how I quit MLM and started an online business that earns high-ticket commissions marketing valuable products people already want to buy.

I’ll also explain to you the newest and best high-ticket business model to launch online (which is also newbie-friendly).

I’ll explain in detail why low-ticket business models are keeping you broke. And I’ll give you a chance, if you’d like, to download all my high-ticket templates, scripts, and funnels.

I hope you enjoyed this article. I hope my experience can be of value to you as you travel the same road I did, looking for ways to earn more money and accomplish your goals.

I know it may seem overwhelming and confusing because there are so many people saying so many things online, but I can assure you if you find the right mentors who have your best interests in mind and who can actually train and support you properly (instead of just trying to pump you up), you can succeed as well. 

Check out my free case study video before you make any major decisions and at the very least commit to learning online marketing. It will help you succeed in whatever venture or side-hustle you decide to pursue.

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