Cyber Trading University

Cyber Trading University
  • Honesty
  • Quality
  • Cost
  • Support
  • Verified Trades
  • User Experience


The owner of Cyber Trading University, Mr. Fausto Pugliese claims to be a world champion trader. Specifically referencing a supposed trading competition titled, “World Traders Challenge”. Mr. Pugliese claims that he has been the grand champion of this competition for 12 consecutive years. However, after an exhaustive search, apparently no such trading competition actually exists. The live day trading room contains very little actionable advice. There is no live trading DOM present on the screen, no trading from the charts, and no track record. Mr. Pugliese offers no verifiable record of ever trading successfully, yet expects consumers to happily pay him upwards of $15,000 for his magical trading advice.

User Review
1.86 (37 votes)
Comments Rating 0 (0 reviews)
Pros: Good for the basics.
Cons: Zero transparency. Owner of company making wild and outrageous claims of being a 12-time world champion day trader. No track record of trades. Day trading room is a complete joke. Overpriced education.

Thanks for reading today’s review of Cyber Trading University

What is Cyber Trading University? Cyber Trading University is a stocks, Forex, and options day trading educational school that appears to have been founded back in 2001, as per Archive.Org. Cyber Trading University describe themselves as a “University.”  However, this appears to be a moniker with no actual university accreditation–similar to how Donald Trump prefers to describe the now defunct, Donald Trump University (for suckers).

Cyber Trading University is owned and operated by a person named Fausto Pugliese, operating the business out of 6800 Jericho Turnpike, Syosset, New York.

Cyber Trading University offers the following Stocks related products and services:

  • Phase 1, Stock Trading Class $2,500
  • Phase 2, Stock Trading Class $10,000
  • Phase 3, Stock Trading Class $10,000
  • Platinum Edition Stock Trading Class $15,000 (includes all three phases)

Cyber Trading University offers the following Forex related trading courses:

  • Phase 1, Forex Trading Class $997
  • Phase 2, Forex Trading Class $1297
  • Phase 3, Forex Trading Class $1697

Cyber Trading University offers the following Options related trading products:

  • Phase 1, Options Trading Class $997
  • Phase 2, Options Trading Class $1297
  • Phase 3, Options Trading Class $1697

In addition to the above referenced training programs, Cyber Trading University also offers approximately 14 different courses designated for intermediate to advanced users. These courses range in price from $159 to $549, per course.

In addition to the above courses, Cyber Trader University also offers a live day trading room experience. The company claims that the trading moderators show “live trades.”

All courses and materials appear to have been developed by either Fausto Pugliese or Jesse Colombo.

Since January 2015, Trading Schools has now received 40 requests to review Cyber Trading University. In addition to the requests for a review, Trading Schools has now received three direct emails from individuals claiming to be former students.  A Google search for the keyword “Cyber Trading University” reveals an average of 500 to 700 global monthly search volume.

Live Trading Room Experience

During the month of May 2015, Trading Schools attended approximately five days of the “live trading chat room.”  During the course of the five days, we witnessed zero live trading. No trading DOM was present on the trading screen, no live account was displayed, and no record of trades being recorded.  Instead, what we witnessed were a series of suggestions and verbal exclamations describing what may or may not be happening with individual stocks.

During the pre-market, Fausto Pugliese will usually issue a series of stocks that he is “watching,” and that these could be “big movers.”  Unfortunately, during the live day trading sessions we never witnessed Mr. Pugliese (or his moderator) ever taking any live trades.  Since the “watching” list contains several potential stock trades, then there was a very good chance that at least one of the stock symbols would break out. Whenever the inevitable stock did actually break out, Mr. Pugliese would began hollering into the live chat how he nailed the trade perfectly.

After the live trading sessions, using an alias email address, we requested that Mr. Pugliese send a redacted account statement that verified his claims of “nailing it.” Unfortunately, all requests to verify performance claims with a redacted account statement were ignored.

Mr. Pugliese also likes to make bold claims of his amazing day trading abilities on Twitter.  A review of his Twitter account reveals hundreds upon hundreds of supposed winning trades.  Never does he lose. In fact, a thorough review of his official Twitter track record reveals not a single losing trade. Since 2009, a constant and unrelenting stream of winner upon winner. You would think that with such an amazing track record of never losing, Mr. Pugliese would be willing to post a redacted brokerage statement that corroborates this truly outstanding track record. But, after repeated requests to verify his trading, we can only theorize that Mr. Pugliese has no interest in transparency.

World Traders Challenge

Fausto Pugliese claims to be “World Champion Trader.”  In fact, on his website he states, “I am a 12 time champion of the World Traders Challenge.”  What is the World Trader Challenge?  Nobody really knows.  An exhaustive search on Google reveals absolutely nothing about any World Trader Challenge contest, company or any person related to this so-called World Trader Challenge.

You would think that a person who was the grand champion of 12 years worth of trading competitions, that he would be more than willing to provide some sort of reference to verify such an amazing claim.  Instead, Fausto Pugliese seems to have forgotten or simply cannot explain where readers can find this information regarding the World Traders Challenge.  Once again, Trading Schools reached out to Mr. Pugliese for references to the World Traders Challenge.  Zero response.  However, contained within all of Trading Schools emails are pixel tracking codes that auto alert whenever an email is opened.  In real time, we could watch him opening the email, but no response. Why no response?

Through the years, Fausto Pugliese has given many recorded interviews on various online trading websites.  In some interviews, he mentions that he is the nine-time World Trading Champion, in other interviews he claims that he is the 16 time World Trading Champion. Is it 9, 12, 16? Nobody seems to know for sure, even Mr. Pugliese seems genuinely confused by how many times he has been crowned the World Traders Challenge champion. If I were the World Champion of anything, I would proudly display it…like this guy holding a beer.

Cyber Trading University

It seems the Fausto Pugliese has a real panache for self promotion. But sometimes self promotion just isn’t enough. Sometimes you need more flair, more sparkle.

Cyber Trading University’s Star Student

Trading Schools reached out to Cyber Trading University and asked for student success rates.  Most legitimate universities publish this sort of information.  However, Mr. Pugliese can provide nothing more than unverifiable “written testimonials” and a reference from a former Playboy Playmate and Cyber Trading University Alumni named “Kennedy Summers.”

In an interview with (2015), Ms. Summers explains that since she began day trading, in only a few months, she has transitioned from knowing nothing about stocks to becoming a full time professional day trader. Really? Trading Schools reached out to Ms. Summers and requested comment and whether she is maintaining some sort of trading log that prospective, dreamy-eyed students could review.  No response.  It seems that since the initial promotional splash, Ms. Summers has decided to once again focus on her modeling career.  Her Twitter profile makes no recent mention of her new career as a full time day trader.

Ms. Summers is certainly a lovely looking woman. The following pic is certainly a very revealing photo. But, I have to wonder if her words on the T-shirt do not tell the real story of her involvement with Mr. Pugliese.

Cyber Trading Univesity


Wrapping Things Up

So lets go over a few things…

For the past 20 years, Mr. Pugliese has been touting himself as a financial guru, yet he can provide absolutely no verifiable track record of sucessful investing.

Cyber Trading University is selling a financial education for upwards of $15,000 per student. Yet, there is no verifiable track record of how students have performed with this so-called financial education.

The live day trading room has zero track record. There is no official record of trades by Mr. Pugliese or his moderators. No live trading accounts are on display, no trading DOM on the screen, and a refusal by Mr. Pugliese to provide a redacted account statement that verifies that trades taken inside of the live trading room.

A boastful and self aggrandizing Twitter account for Mr. Pugliese reveals nearly 7 years of consecutive winning trades…and never a Tweet or mention of a single losing trade.

And finally, Mr. Fausto Pugliese claims that he is the World Traders Challenge champion…for the past 12 consecutive years.  Yet a thorough and exhaustive online search reveals that no such trading competition exists.  To make such a claim with the lack of evidence, in my opinion, is a display of extreme dishonesty.

Thanks for reading and don’t forget to leave your comments below.  Even the haters and trolls will find that their comments are warmly received.

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Bill (@guest_5061341)
3 months ago

Once I realized that all these so called professionals CAN’T make money it made me feel better about my own lack of success in trading.

I copied John Novak’s “software” and I now have about 85% of all the exact chart style and indicators for FREE and use his educational videos.

Side by side it’s hard to tell them apart my charts and his. My price tag … free. He charges $20,000 for software.

I had to learn some code still struggle w/ it but I managed to get the background color green to red as trigger lines get under or above each other.

I got lucky with one of the support ppl at Ninja Trader and helped me more then she should probably bc her boss got on and said it’s not their job to write code for me I should hire someone. Now they hardly do any real help just give me references to read and figure it out.

They like to come back w/ a list of vendors that write code thats about their extent of support now.

Tim (@guest_5061230)
3 months ago

Do not sign up for CTU, it’s a scam. Their so-called training contains absolutely nothing of substance. Fausto is literally one of the worst traders I’ve encountered. Each time he did any live trading, he either lost money or made a few measly bucks and would go on to make make some lame excuse the market was not conducive for the day. The chat room is basically a few regular guys claiming they are making tons of money on every trade after the fact, but there is no correlation between the training to the people claiming to make money. Nor are any of their P&L’s substantiated. It’s more like a cheerleading room… And the coaches do not give you any useful information..,.. it’s a constant stream of “Worth watching” messages all day long. I’m so ashamed to admit I was conned out of $5k for the stupid gold package. After I realized my mistake, I immediately canceled my credit card to prevent them for charging me for the balance.

In summary spent $5k, for 1.5 months of garbage. And once you cancel they remove all your access.

BEWARE!!!! DO NOT WASTE YOUR TIME ON THIS SCAM. I seriously wonder why these various trading events keep including him on their rosters??

dtchurn (@guest_5061347)
3 months ago
Reply to  Tim

yes, a really old legacy shamshow, still using the old sham tricks. Fake actors or shills in the room touting fake profits. (wouldn’t be surprised if it was Fauto himself typing as a pretend member, hah). So lazy ass sham too (along with his buddy dwactor Baary Burns with similar hair and head tilt pics, lol) , where humbled trader, teo, and many other new gen yt guru shamshows have probably taken over the “market share” of this snakeoiler industry. That he just waits for the big multi-$k hot dog package sale to an unfortunate newb. It is a stupid package sale and probably went to his rent which he couldn’t ever pay for by actual trading out of a paper bag, if his next months rent and bills depended on trading. Sorry to hear you were scammed in this. This is why all newbs need to be aware of tradingschools as early as possible in their trading journey. The compromised discussion sites (and Syke empire’s faux review websites) had long been runaway shill posting by fake members and some shamshow vendor sponsors for far too many years.

Last edited 3 months ago by dtchurn
Peter (@guest_5056179)
1 year ago

Fausto Pugliese of Cybertrading University, is 100% a scam and fraud. Fausto, does not even know how to be a successful trader himself. I know this from experience. I worked for him. This guy is a clown. Lol

DO NOT spend a single penny in his “education”.

Jake (@guest_4055837)
1 year ago

Start elsewhere.

I joined CTU in late 2011, Platinum lifetime subscription (over $12,000 cost, lifetime access to all courses and live chat room). CTU had great coaches/instructors including Ralph, Stefanie, and Jared. Fausto also instructed but I found his methods to be subpar compared to his team.

Over 2012 to 2014, his team left one by one. Fausto tried to bring in new instructors but none of them lasted long until it was just Fausto. It was then that he contacted me and said I owed him $2500 for a past course I had attended. I had won the course in a trading challenge with one of his departed coaches. Fausto stated there was no CTU documentation detailing my eligibility to attend. He said until paid, my lifetime access was suspended. He also threatened to put me in collections. After some significant effort I was able to obtain the CTU documentation that specifically stated I had won the course and was eligible to attend free of charge. Funny how CTU conveniently did not have it. Upon forwarding this to Fausto, he reluctantly relented BUT said I would now have to pay for access to his chat room. I pointed out that I had paid for lifetime access but he said not anymore and to pay up for continued access. I did not and he locked me out of the website, courses, and the chat room. So much for lifetime access. At that point, I decided I was done with CTU.

Do yourself a favour. Start your education elsewhere. In my opinion, there are better and more honest educators out there, who offer much more value/service for your money. Try Stefanie Kammerman, Steve Nison, Ken Calhoun, Rob Booker, or Hubert Senters first.

elche (@guest_4055346)
1 year ago

Fausto Pugliese from Cyber Trading University , good salesman, relentless marketer (he is all over the space), not a good trader. Good for him ,not for the student /trader.
He makes his money selling the strategy that if you use Levell III you will see the big block orders in the Matrix(Trade Station)
.Do you honestly think the institutions are going to display their big block orders so everybody jumps in front of them? Fat chance! ,also “Spoofing ” will render this guy’s strategy worthless.
It cost me $2000 to find out all that ,plus to see this guy suffer to make a few points in a stock trade in his Friday room .
Then a huge fight with support to cancel my membership and Not get my money back (they resort to not pick up the phone, or respond to cancel request emails, resulting a charge for an extra month) .
. Better pick a credit card with good dispute center for the fight if you go.

Bill (@guest_5061340)
3 months ago
Reply to  elche

Use a pre- paid card and thats it! Can’t get blood out of a turnup.

1stgeneration (@guest_3053363)
1 year ago

Thank YOU SO MUCH! I almost fell for this one. After all, he was featured by my broker, he must be legit, right? But there were enough red flags that sent me searching. He REQUIRES you to attend a 1/2 day free training session in person before you can purchase his stuff. I figured the only reason he would do this would be so that he could perform his charismatic magic show and strong arm the starry eyed folks into coughing up $10,000 or more right there on the spot. THANK YOU FOR WHAT YOU DO!!!!!

dtchurn (@guest_3052461)
1 year ago

LOL! Wdacktor Bbarry Burrns special guest at Fraudsto Pugilisticnose’s Cyber EXPO Trading UNIversito, Looks like both of these legacy shams are losing out to RaynardTeo, TradingFratertiny, IP, and Sykes still, so they need to “join forces” and do a joint – shamshow! Lolol…

From the spam email:

Hi [name],

I’m excited to tell you that I’ve been invited to speak at the upcoming Cyber Expo event this Thursday hosted by my good friend Fausto Pugliese from Cyber Trading University.
The Cyber Expo is a knowledge-packed online event where 4 financial experts discuss actionable trading strategies that you need to know for success in today’s markets.
The best part? It’s completely FREE and it’s all ONLINE.

(you’ll receive all recordings of the event)

( blah… blah)

Presented by Fausto Pugliese from Cyber Trading University

This is THE go-to event for anyone who wants to take their trading more seriously this year.
Join us tomorrow (Thursday) – I promise you’ll learn something that you can instantly add to your trading arsenal.
(you’ll receive all recordings of the event)

I’ll see you there,


Barry Burns

Top Dog Trading

davuha (@guest_3051320)
1 year ago

All the comments and review about his classes are real or some haters or prankster please let me know. when too many people reply back saying its begainers or it’s not good to sign up thanks to everyone of you whoever reply back to questions.

Skyla (@guest_31349)
3 years ago

Phew! LOL – saved by the Moore again! Thanks Emmet.

Pat (@guest_26559)
4 years ago

Isn’t Sammy from jala ice cream faustos brother

James D
James D (@guest_8620)
4 years ago

Hey, Folks, I happen to be one of those that fell for that $10K pitch. Since I live in Canada, lets talk about $13k.

One of the main reasons I signed in is that during the one week cheapo one week trial I made $550 on a $2000 investment. My set-up was laughable at the time, I was using stockchart real time as my real-time chart. I made that $550 in 30 minutes on pure luck. I did the math and told myself: I dont know shit and I make $500 just like that… This stuff is real. Actually I cleared over $1500 in a week playing with $4000 total. Fausto signed me in a second.

What I found out later is that I had gambled and I got very lucky as I got my ass kicked big time after.

To CTUs defense they told my NOT to trade and to back off until I was making my dough on a practice platform... I was too smart to listen to that.

There are many, many cons with this school and a few pros.


1- they tell you to study first and jump in second.
2- they show you the basics... but I found out later that I could have all of that for free or that I could have had 10 times more with Clay Trader University for $2K more or less.

3- When the market sucks he tells people to go fishing.

4- He keeps reminding beginers to trade small and to avoid stuff like Netflix which are volatile.


1- the set-ups they show you are extremely limited.
2- your educational advisor is nothing more than a college drop-out trying to push you straight in the arms of Fausto or his higher level advisors for hourly courses that retails at $600 per hour.

Thats where I got really disgusted. I told them : I paid you $10K USD to learn yoursuper duper secrets and now you are telling me that to get the other half of the ingredients I need to fork another $4K or so to buy a block of hours...

Actually the last kid who phoned me to push their shit had been trading for 6 months.

3- Heres their recipe folks: they look for the pre-market movers on the Nasdaq. They get rid of all the ETF (unless the market is slow), then they pick from 5 to 10 of them. Thats it. ALL they do in the forum is cheerlead those who seem to have gotten in a the right time.

4- Nobody seems to loose in their forum. Even my spouse found it really weird. If a guy posts a loser, you can be sure that he will put a few wins by the side.

5- Though I have never seen Fausto himself encourage people to see him as a guru, the forum is full of butt kissers and again, if you are learning or need a shoulder to cry for a sour trader, thats not the place.

6- Some guys seemed to have made some good money however. That being said there was no way to verify. On another side like thestockwhisperer, at least some top traders would post their trades right after they took it then post their wins after so we knew it was legit. On CTU you wont see losses there. RED FLAG.

7- Fausto and his guys never take any official trades, especially Fausto. However, I have watched his extremely repetitive level 3 videos many, many times where he actually takes a few trades and he gets his ass kicked big time. I have to say that a few of those times the market was lousy but in general he gets his ass kicked.

8- Their goal is to scalp 10-25 cents on 10 thousand shares of a small stock that is having a great day because of a FDA approval, etc. so you are playing against computers or other traders that will create those fake flags and channels that wont execute. Dont worry, Fausto has the solution with the Level 2 and the Time and Sales and also the Nasdaq Book viewer. Warning: those are manipulated to death. Thats how Fausto gets killed in his own training video.

If you want to see a guy who as the balls the trade live in front of you and make some real money while getting some losers too, try Ross Cameron from Warrior Trading. He is also very heavy on marketing but he trades for real. This is only day trading however. This is high adrenaline stuff however and the chances you will match Ross any time soon are very low. In a one on one, I am sure Ross would mop the floor with Fausto as Ross calls his trades and you see him win or fail. Fausto is all sales and comes to the room only once in a while.

9- My biggest warning guys is that if site owner does not have the guts to show himself have his butt kicked in a video take your wallet and run: FAST…

Though I am not associated with any of them I have seed Ross Cameron, Clay Trader and Meir Barak get their butt kicked but the losses were controlled. As for Meir it is more of a prop shop set up offshort so be careful. However I got on a few trials and the guy takes real trades and offers some teaching.

Best to all. Not everything is bad with CTU but their price is way to high for a couple of set-up in dire needs of an upgrade. Make yourself a favor and shop big time before signing a contract with theml. You will thank me later.

Uri (@guest_8709)
4 years ago
Reply to  James D

Thank you, James.
I did not buy CTU classes, but I have attended trading room for 3 months, and my experience matches yours pretty close.
As for Ross Cameron from Warrior Trading and his live trades just read Emmett’s review and loooong chain of posts – no comments required.

robert (@guest_8512)
4 years ago

I dont care how useless they are as traders. If I can have contact with the babe in your report I will join today.

Rob B
Rob B (@guest_8516)
4 years ago
Reply to  robert

Proof sex sells. I bet the odds of you making money in the room are better than you getting any contact with the person in the picture via this room. But maybe I am wrong, but my guess is you will get contact with:

PS. I started to post a real person’s picture off the web, then realize that might be someone’s mom and they might see it. LOL.

Newbie Trader
Newbie Trader (@guest_8476)
4 years ago

I attended one of his free live presentations. It was definitely a sales pitch, and one thing I remember was him saying that over half of his customers are over 60 or 65 so anyone that old should be comfortable trading. While his honest there was refreshing, it seemed like a expensive bunch of classes, around $5,000 at that time, for elderly people.

About 3 months after that I got a series of phone calls from Cyber Trading University. At this point I had heard the words of wisdom from trade2win dot com which said to avoid any companies that have Academy or University in their name. They called for quite a few days, and I eventually picked up the phone. I talked to one guy, who said he was a trader in training there and trying to get me to join. He said he didn’t trade yet but was learning. Honestly, he didn’t have much else to say except to get me to sign up. I then told him I wasn’t interested, and to not call me again – thanks but no thanks.

They did call again, on an almost daily basis. The phone calls lasted over a week, and Fausto himself left me a message on my phone to call him to get convinced to join. The calls finally ended after about two weeks, and I just remember how disturbed I was that they just kept calling after I told them not to.

So far I’ve found lots of information online and by reading books on trading. It is a lot of work, but by doing it myself I feel I’m learning it better, I’m not in a high-pressure environment of people trying to sell me more stuff. When I make my next trade (micro lots) I don’t have to dig myself out of a $5k hole from purchasing an expensive education package. The amusing thing is I thought they were cheap compared to the only other trading room I went to before that which was Delta Trading Group.

sam (@guest_8480)
4 years ago
Reply to  Newbie Trader

If you ask me, Faustio has stopped trading live for years and CTU has become full on sales dept. I had similar experiences with Preston “pirate” James, and DTI. After a subscription to one of Preston’s now defunct sites, I kept getting a call every other month or so by a different sales guy, sometimes even a foreign sounding voice. Since then, if I ever attend a trading related ad presentation I always put a dummy phone number if asked for one or try to leave it blank. These sham vendors are desperate enough to have cold calling sales dept. since there is a lot more competition in recent years from newer sham marketers like GlobalTradingRoom and Warrior.

Lu17 (@guest_8358)
4 years ago

Do you have any idea if the Jesse Colombo you mentioned as co author of the courses is the same guy who goes by thebubblbubble on Twitter? That guy is delusional. He’s like a far less informed Peter Schiff. Forbes will let anyone write an online column these days.

James F
James F (@guest_8718)
4 years ago
Reply to  Lu17

Actually the Jesse Columbo in Fausto’s site showed up during my one year tenure (included in the $10K). I dropped from the room about 2 months after being in as I soon realize they got me only a few of the ingredients to trade the hyper dangerous and fast moving pre-market movers so I got out before being killed. The Jesse they have in there was actually the only one that brought in a bit of a swing mentality and the only one that came close to calling real trades. He did a few webinars. Fausto is 99% “passion”, “enthusiasm” and “Fire”, no substance. However, Jesse clearly has a “teacher” in him and in that room he had nothing to to with Peter Schiff.

Never met Jesse but he clashed a bit among those up-selling coackroaches. I can see this guy is well-intentionned and he is less obsessed with the Level 2 and time and sales. He relies more on resistance lines, a bit like Harry Boxer but less crazy than Harry.

Parry (@guest_8247)
4 years ago

This guy Fausto has a nagging team of marketers who kept calling me several times a week. Never give them you phone number. A bunch of BS.

James D
James D (@guest_8719)
4 years ago
Reply to  Parry

C’mon Parry. It’s only $500 an hour for a one on one. Then it’s 3 hours of work in the morning and fishing bass the rest of the day. (@guest_8170)
4 years ago

One thing you guys have to agree! … thats a fine piece of … women right there! I would certainly join the room for the wrong reasons 🙂

Troy (@guest_8167)
4 years ago

Hey Emmett, let me start by saying that reading your reviews has become one of my favorite things to do after a long days work. I’m glad you have finally found your calling and I hope you continue it with much legitimate success.
On a second note, I went to the Las Vegas money show a few months back and I’m pretty sure I went to this guy “Fausto’s” presentation. I tried to pull up the old itinerary online and couldn’t find it but I’m 99 percent sure it was him. What’s weird is he has an attractive blonde assistant handing out cards to win a free clock. I couldn’t help but think how unfriendly and unhappy she seemed. She looks a lot like the picture of the playboy model you posted. During his presentation, I remember the con man lights going off when he talked about how much money traders make according to what they trade. He said day traders that trade stocks can make 100,000 to 200,000 thousand a year and traders that trade options can make between 500,000 to 1,000,000 dollars a year. He then said that he was making less teaching than he had trying but he was just here to give back. Your con-man spider senses are 100% correct with this guy.
Keep up the good work!

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