Warrior Trading Review: Ross Cameron, Cost and the FTC Case

Ross Cameron has built one of the largest day trading channels on YouTube, and his company sells courses, software and a live trading room. Warrior Trading also has a history that every buyer should know. In 2022 the US Federal Trade Commission (FTC) sued the company and Cameron over its earnings claims, and the case ended with a $3 million order.

We did not buy a membership, and we are not Warrior Trading customers. This review is based on the company’s public pages and terms, the FTC’s court records, an accountant’s report published by Warrior Trading, its Trustpilot profile and YouTube data, all checked on 5 November 2026. We have no business relationship with Warrior Trading.

Warrior Trading in 30 seconds

• Who: a day trading education and software company in Great Barrington, Massachusetts, founded in 2012 and owned by Ross Cameron.
• Method: momentum day trading of fast-moving small US stocks, a high-risk style.
• Cost: memberships showed $797, $2,997 and $3,997 with coupon codes. Live stream and software cost extra unless the bundle includes them.
• Refunds: the terms say payments are non-refundable. A 7-day money-back guarantee applies only to offers that name it.
• Track record: an accountant’s report examines schedules for Cameron’s own accounts. Warrior Trading says his results are not typical and that it does not track customers’ typical results.
• FTC case: the FTC alleged misleading earnings claims. The defendants neither admitted nor denied the allegations and agreed to an order that included $3 million.

What is Warrior Trading? Company, founder and products

Warrior Trading is a US provider of day trading courses, scanning software, a trading simulator and a live chat room, founded by Ross Cameron in 2012.

The business started as a blog and grew through YouTube. According to its company page, Cameron created his YouTube account in January 2013, opened a day trading chat room in spring 2014 and taught his first course that summer. The channel had 2.12 million subscribers and 3,709 videos on 5 November 2026, according to YouTube’s data.

Warrior Trading says it does not trade for customers or give personal advice. Its terms state that it is not registered as an investment adviser with the SEC and relies on the publisher’s exclusion. Customers can use any broker they choose, and the FAQ says Cameron himself uses Lightspeed.

Item	Details
Brand	Warrior Trading
Companies named in the FTC case	Warrior Trading, Inc. and Warrior Operating Inc.
Address for legal notices	20 Castle Street, Great Barrington, Massachusetts
Founded	2012 (company statement)
Owner and CEO	Ross Cameron (company statement)
Products	Courses, Day Trade Dash software, simulator, live stream and chat
Registration statement	Not registered as an investment adviser with the SEC, according to its terms

Who is Ross Cameron? The $583 account

Ross Cameron presents himself as a full-time day trader who grew a small account into millions. His biography says he funded his first Ameritrade account in 2001 with $1,000. It describes years without consistent results, followed by a focus on momentum stocks, typically priced between $2 and $10.

The best-known claim is the small account that started on 1 January 2017. The company’s earnings page shows a starting balance of $583.15 and total gains of $18,810,638 through December 2025. Other pages say “over $20 million”. The next report is announced for the first quarter of 2027, so the higher figure is not yet covered by a published report.

The pages do not all use the same number. On the same day, the Warrior Starter page still mentioned $10,000,000 while the Warrior Pro page mentioned $20 million. The likely explanation is an older text, but we could not confirm that. The end-2025 figure in the accountant’s schedules is the one to use.

What does the accountant’s report prove?

The report supports a calculation for Cameron’s own listed accounts, not the results of Warrior Trading customers. The seven-page report on the earnings page, by SingerLewak LLP, dated 17 March 2026, examines the period from 1 July 2020 to 31 December 2025. The accountants say they confirmed balances and transactions directly with the brokers, and that the schedules were calculated in line with the stated method, in all material respects.

The earlier years come from another accounting firm. According to the report, other accountants examined 1 January 2017 to 30 June 2020 and issued an unmodified opinion in October 2020. The schedules list several brokerage accounts, some of them overlapping in time, including Lightspeed and Interactive Brokers.

Year	Profits in the schedule	Withdrawals, net of contributions
2017	$335,181	$300,032
2018	$499,189	$469,000
2019	$366,793	$168,480
2020	$4,567,591	$3,328,006
2021	$3,826,835	$4,672,500
2022	$814,096	$750,000
2023	$309,884	$971,562
2024	$1,890,422	$590,000
2025	$6,200,647	$7,515,000
Total	$18,810,638	$18,764,580

The schedules report cumulative profits, not a retained account balance. The yearly profits sum to the stated $18,810,638. The schedules also show $18,764,580 in net withdrawals and ending equity of $96,630 at the end of 2025. Withdrawals do not reduce cumulative trading profits, and the report does not say what happened to the money afterwards. Profits varied widely, from about $310,000 in 2023 to about $6.2 million in 2025.

We could not reconcile two printed balances. For 2020 the opening balance, profit and withdrawals give $1,503,819, while the schedule shows $1,553,819. For 2022 they give about $772,240, while the schedule shows $722,248, and the next year opens at $772,239. The report does not explain these differences, and we draw no conclusion from them.

The notes limit what these numbers mean. According to Note 3, a monthly return divides the net realized gain or loss, excluding brokerage fees and interest income, by beginning net assets. The schedule does not show how large those fees were, so the gains are not an after-fee result. According to Note 4, open positions are not remeasured for unrealized gains or losses, and contributions and withdrawals are treated at month end. The 61% average monthly return is a simple average, and the notes say results may not indicate future performance.

Three other limits matter. The report says it is intended solely for Cameron’s use. It covers only the listed accounts, so it does not tell you whether someone else can repeat the results. It also does not show how much of Cameron’s income comes from selling education rather than trading. Warrior Trading also publishes monthly broker statements, which we did not recalculate.

How does the Warrior Trading strategy work?

Warrior Trading teaches momentum day trading, mainly in small-cap US stocks that are among the day’s biggest percentage gainers. This means buying a fast move and leaving it within minutes or hours. Our guide to day trading explains the basic risks of this style, and our guide to day trading strategies compares it with other approaches.

Warrior Trading itself calls this a high-risk approach. Its Warrior Pro page says Cameron seeks opportunities that are high risk and high reward. Fast small stocks can have wide spreads, thin order books and sharp reversals, so a small execution error can matter. Decide your position size before you enter, not after the stock moves.

The company focuses on the US stock market. Its FAQ says some strategies could be applied elsewhere, but that it concentrates on US stocks. If you trade from abroad, you need a broker that gives you access to this market and to the fast order tools Warrior Trading recommends, such as hot keys and level 2 data.

Warrior Trading cost: memberships and add-ons

Warrior Trading sells one-time memberships for course access and monthly subscriptions for its tools. The memberships give three years of course access. The live stream, chat room and software are separate unless the bundle includes them.

Product	Price on 5 November 2026	Includes
Pro Preview trial	$19 for two weeks	Sample lessons, tools and live stream
Warrior Starter	$797 (crossed-out $997)	1 course, about 25 hours
Warrior Pro	$2,997 (crossed-out $3,997)	10 courses, more than 200 hours
Warrior Pro Special	$3,997 (crossed-out $6,202)	Pro courses, 1 year of stream and chat, 90 days of software and simulator, 7-day guarantee
Live Stream & Chat	$147 a month	Members only; Starter members can only view
Day Trade Dash	$147 a month for members, $197 otherwise	Scanners, charts and news
Day Trade Dash with simulator	$197 a month for members, $247 otherwise	Adds the simulator
Simulator	$97 a month for members	Level 2, time and sales, metrics

The running costs can exceed the membership fee. As our own rough example at member prices, Warrior Pro plus 12 months of stream and chat ($1,764) and Day Trade Dash with simulator ($2,364) comes to $7,125 in the first year, before applicable taxes. The terms say prices exclude taxes. Day Trade Dash includes real-time data, but trading losses and any broker or data charges come on top. You do not have to buy the company’s tools, because the FAQ says you can use your own scanners and charts.

The price labels need a second look. The prices above used coupon codes with “SUMMER26” in their names, still shown in November. We could not check how often customers pay the crossed-out price. The FAQ also mentions bundles at $6,997, which differs from the $6,202 on the memberships page. Check the amount at checkout. Warrior Trading says it offers no payment plan of its own, but that Klarna and PayPal Credit financing may be available.

Refunds, renewal and arbitration: what the terms say

The terms, last updated on 29 July 2026, say that payments are non-refundable unless an offer states otherwise elsewhere. The terms exclude refunds even if you forget to cancel before an automatic renewal. Subscriptions renew until cancelled, and the renewal charge falls within ten business days before the current term ends.

The money-back guarantee is narrow. According to the guarantee page, it applies only to specials that name it, for new members, and only once. You must ask on or before day 7. During those seven days, Pro bundle buyers see only the basic course, and they can unlock the other courses earlier by waiving the refund. So you may not see the main course before the guarantee ends.

Cancellation has formal limits. You cancel in your account or by email, and the terms exclude cancellation by phone. They say that cancelling deactivates and deletes the account or service, so ask what happens to your course access if you cancel only a tool subscription. Save your confirmation.

Disputes generally go to arbitration, not to a court. The terms provide for binding arbitration under American Arbitration Association rules, a waiver of jury trials and class actions, and an exception for individual small claims. Massachusetts law applies, and hearings are in Boston unless the parties agree otherwise. For claims of $10,000 or less, the terms let you choose documents only, a telephone hearing or an in-person hearing. This is a summary, not legal advice.

International readers should read one clause carefully. The terms say the products are intended only for people residing in the United States, and that others use them at their own risk. The FAQ, by contrast, speaks of thousands of international students. Before you buy from abroad, ask Warrior Trading in writing how it handles your country.

The FTC case: what happened in 2022

In April 2022 the FTC sued Warrior Trading and Ross Cameron, alleging deceptive earnings claims and violations of the Telemarketing Sales Rule. The case ran in federal court in Massachusetts under number 3:22-cv-30048. According to the FTC’s announcement, ads presented Cameron’s results and called his strategies “profitable” and “scalable”.

The complaint contains specific allegations about customer results. The complaint says simulator data from November 2020 through March 2021 showed that 74% of accounts lost money and only 10% earned more than $90. It notes that this data might not fully represent real trading. It also alleges that an analysis of broker records for certain trades between May 2018 and May 2021 showed that the vast majority of customers made no money or lost money.

The case ended by agreement, without a trial on the allegations. In the final order, the defendants neither admit nor deny the allegations, apart from the facts needed for jurisdiction. The order entered a $3,000,000 judgment and prohibits earnings claims unless they are not misleading and have written support. It also bars certain misrepresentations about who can succeed in trading.

The FTC then sent the money to customers. In January 2023, it announced payments of more than $2.9 million to 20,402 people. Its refund page, dated November 2024, says the first round resulted in more than $2.4 million in refunds and describes a second round of 17,121 payments totalling over $410,000.

The company’s pages now carry clear warnings. The site banner says that trading is risky, most day traders lose money and Cameron’s results are not typical. The terms add that the company does not track its customers’ typical results. The homepage also shows member interviews with labels such as “$1M+ in profits”, described as voluntarily verified and not typical. We have not assessed whether the company complies with the order.

Warrior Trading reviews: what customers say

Trustpilot showed a very high score, but a review score cannot tell you whether customers make money. On 5 November 2026 the Trustpilot profile showed 4.8 stars from 2,773 reviews, with 92% five-star ratings. The profile is claimed, and Trustpilot notes that the company has no recent history of asking for reviews, so they may not be representative.

Praise and criticism point in different directions. Trustpilot’s summary mentions educational material, tools and community as common praise, and the time commitment and workload as common complaints. Satisfaction with teaching is not the same as trading results. Treat the score as one signal, next to the FTC record.

Who is Warrior Trading for?

Warrior Trading fits people who specifically want to learn fast US small-cap day trading and can afford to lose the money they pay and trade with. The material is built around one style, and the live stream shows that style in real time. Its focus is an advantage only if this is really the style you want.

It suits few complete beginners who want a calm way into the markets. Fast small stocks leave little time to think, and the costs of courses and tools come on top of trading losses. Our learn trading guide sets out a slower sequence, starting with basics, risk and simulation. If you still want Warrior Trading afterwards, the $19 trial is a cheaper first step than a membership.

Strengths and limits of Warrior Trading

Strengths

• Track record: a published accountant’s report covers Cameron’s listed accounts through 2025, and monthly statements are public
• Free material: a large YouTube channel lets you judge the teaching before paying
• Cheap test: a two-week trial for $19
• Depth: more than 200 hours of courses in Warrior Pro, according to the company
• Warnings: clear statements that most day traders lose money and that Cameron’s results are not typical

Limits

• Customer results: the company says it does not track typical results, and the FTC alleged that most customers lost or made no money
• FTC order: a $3 million order in 2022 over earnings claims, without an admission
• Cost: high membership fees and monthly costs for stream and tools
• Contract: generally no refunds, a narrow 7-day guarantee and an arbitration clause
• Scope: one high-risk style, and terms directed at US residents

Conclusion: is Warrior Trading worth it?

Warrior Trading offers a documented teacher and a large programme, but Cameron’s results say little about what a customer will achieve. The accountant’s report gives readers something concrete to check. The FTC case is the necessary counterweight: its allegations concerned how Cameron’s results were used to sell the programme, and what customers actually achieved.

We have not tested the courses, so we cannot rate their teaching quality. Start with the free YouTube videos, then the trial if you are still interested. Before you buy a membership, write down what you will do if you are still not profitable after the money is spent, and practise in a simulator first.

Compare the offer before you pay. Our guide to trading courses shows how to check syllabus, feedback and refund terms, and our Rockwell Trading review looks at another US provider. For context: Kagels Trading also sells trading education. This review is not investment advice.

Frequently asked questions about Warrior Trading

Is Warrior Trading legit?

Warrior Trading is a real company with real products, but it was the subject of an FTC case over its earnings claims. The case ended in 2022 with a $3 million order, and the defendants neither admitted nor denied the allegations. A real company can still be a poor fit for your goals and budget, so check the terms and costs yourself.

How much does Warrior Trading cost?

On 5 November 2026 memberships cost $797, $2,997 or $3,997 with coupon codes shown on the site. A two-week trial cost $19. Live stream and chat cost $147 a month, and Day Trade Dash costs $147 or $197 a month for members, depending on the simulator.

Did Ross Cameron really make $20 million?

The accountant’s schedules show total profits of $18,810,638 through December 2025 in the listed accounts. That calculation excludes brokerage fees, so it is not an after-fee result. The company says “over $20 million” on other pages, and the report for 2026 is announced for early 2027. It also says that his results are not typical.

Does Warrior Trading offer refunds?

Generally no, because the terms say payments are non-refundable. The exception is an offer that names a money-back guarantee, such as the 7-day guarantee on certain bundles. You must request the refund by day 7, and only once.

Can I use Warrior Trading outside the United States?

The terms say its products are intended for people residing in the United States. The FAQ also says it has international students and that non-US residents can trade the US market with a suitable broker. Ask the company in writing before you buy, and check your local rules.

Have you tested Warrior Trading?

No, we have not bought or tested its courses or software. This review examines public company pages, contract terms and court records. It does not assess the teaching quality or trading performance of the programme.