Every scammer has a signature move. For Mike Taylor, it’s dusting off the old “trading education” shtick, slapping on a shiny new name, and hoping nobody remembers the trail of collapsed Ponzi schemes he left behind.

Enter PTFX University—a name that sounds like it should hand out diplomas, but really just hands out $149.99 membership invoices every 28 days. Sprinkle in a “Goldrush Autotrader” bot that supposedly prints money faster than a Vegas slot machine, and you’ve got the latest entry in Taylor’s fraud playbook.

Spoiler: this isn’t higher education. It’s remedial math in Ponzi economics.

Who Runs or Owns PTFX University Review?

PTFX University operates from privatetraderoom.com, a domain registered in September 2023 and updated in September 2025—right about when Taylor realized his last con had expired.

The man behind it? Mike Taylor, previously spotted running the BFF Crowdfunding Ponzi cycler (aka BFF Global Network). That little gem collapsed in April 2024 right after regulators in Australia said, “Yeah, no thanks.”

And now he’s back, peddling another miracle system with all the enthusiasm of a used car salesman who just washed the odometer.

PTFX University Products

PTFX University has no retail products. None. Zilch.

Promoters don’t sell courses to the public—they just sell “membership” to each other like hot potatoes nobody wants to hold. The only real “product” is a seat in Taylor’s pyramid, and spoiler: most of those seats are losing ones.

PTFX University Compensation Plan Explained

The plan is simple: recruit, recruit, and oh yeah—recruit.

• Recruit 1–49 promoters: earn $50 per membership every 28 days.

• Recruit 50–99 promoters: earn $64 per membership.

• Recruit 100+ promoters: earn $75 per membership.

On top of that, there’s a 5% residual commission on your recruits’ recruits (level 2). That’s it. A pyramid dressed up in trading clothes.

The Goldrush Autotrader Ruse

This is where Taylor really cranks up the comedy. He’s pitching an “autotrader bot” that supposedly turns a couple grand into Lamborghini dreams.

The sales funnel? A Google Form. Yes, you read that right. Forget Wall Street-grade AI—Taylor’s miracle bot is hiding behind a free survey tool.

The pricing:

• $2,000 annually, or

• $5,000 lifetime access (translation: lifetime until it collapses).

Taylor even dangles commissions on referrals, because no Ponzi is complete without incentivizing you to drag your friends into the pit.

Basic due diligence question: if this bot really makes $16K in three days (as Taylor brags on YouTube), why’s he begging people for $149.99 subscriptions and Google Form sign-ups instead of quietly compounding his millions?

Answer: because the bot isn’t trading. It’s just commodities fraud in a trench coat.

Cost to Joining PTFX University Reviews?

• $149.99 every 28 days for membership.

• $2,000/year or $5,000 lifetime for the magic “autotrader.”

• Plus, your dignity—nonrefundable.

Final Verdict (PTFX University Scam)

PTFX University isn’t a university. It’s Mike Taylor’s latest rerun in a Ponzi sitcom that should have been canceled seasons ago.

No retail sales = pyramid scheme.
Unregistered trading bot = commodities fraud.
Membership fees with no refunds = cash grab.

Math guarantees the same ending as BFF Crowdfunding and every other flop Taylor’s name is attached to: collapse. When that happens, the majority of “students” will graduate with a degree in losing money 101.

So if you’re considering “enrolling,” do yourself a favor—save your $149.99 and buy an actual textbook on trading. At least that way, you’ll get something other than an expensive lesson in fraud.

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See you at the top,

-Jesse Singh

P.S.  If you are tired of failing ANY business, click here and check this out to take your game to the next level