Warrior Trading Review: Ross Cameron's Results, Costs and FTC Case

Is Warrior Trading worth paying for? Ross Cameron's published account documentation helps answer whether specified personal trading results have outside support. It cannot tell you your probability of making money after buying his courses. Our assessment: evaluate the education against a defined learning need and a complete budget; do not treat the instructor's gains as your expected return.

Scope and disclosure: This is a review of public documents, not a hands-on course or live-room test. Sources and advertised prices checked September 27, 2026. RoboXpert develops and offers trading software and has a commercial interest in this market. There are no affiliate links in this article. Our own products deserve the same scrutiny.

What is the Warrior Trading business model?

Warrior Trading sells trading education associated with Ross Cameron, alongside optional tools and community access. Its membership comparison separates course memberships from recurring software, simulator and stream/chat subscriptions.

That distinction matters economically: a customer pays for access and instruction. The fee is not a share of that customer's eventual trading profit. Selling education does not itself establish wrongdoing, and being a profitable instructor does not itself establish that the course works for a typical buyer.

There are three separate questions: what can the instructor demonstrate, what does the teaching deliver, and what happens to students after costs? A document answering one should not be used as a substitute for the other two.

Ross Cameron's “audit”: what the accountant's report actually covers

We read the seven report pages published on the verified-earnings page, including the methodology notes.

• Page 1: SingerLewak's March 17, 2026 examination covers July 2020–December 2025. It describes broker confirmations and an opinion on calculations against specified criteria. Earlier periods were examined by other accountants. It also restricts intended use to Cameron.
• Page 5: The schedules for Cameron's specified brokerage accounts show $18,810,638 total profits over 2017–2025 and $96,630 ending equity. Withdrawals net of contributions are reported separately for each year (for 2025: $7,515,000, against $6,200,647 of profits in that year), so cumulative profits and the money still in the accounts measure different things: do not read the headline profit as today's account balance.
• Page 6: The presentation covers the accounts and periods listed in Note 2.
• Page 7: Calculations exclude brokerage fees and interest income. Outstanding investments are not remeasured for unrealized gains or losses. Cash-flow timing uses month-end treatment.

These are descriptions of the published report, not a RoboXpert audit. The examination is meaningful outside evidence with a defined scope; it is not a certification of course quality or student outcomes. Read the accountant's opinion on page 1 and calculation notes on page 7.

Are Ross Cameron's trading results audited?

There is an independent accountant's examination of specified return schedules. The provider uses the term “audit”; the document itself is an Independent Accountant's Report. Its opinion concerns whether the schedules follow the stated calculation criteria. We rechecked the opinion and methodology pages on October 1, 2026.

Use this distinction when reading a claim about “audited results”:

These limits define how to use the evidence. They do not, by themselves, show that the reported schedules are false.

Why an average monthly return is not a compounding forecast

The report's 61% average monthly return, stated on page 5 for the 108 months from January 2017 to December 2025, is an arithmetic average under its stated methodology. It is not a promise of earning that rate each month.

Our hypothetical illustration: an account rising 100% and then falling 50% has an arithmetic average monthly return of 25%. Yet $1,000 becomes $2,000 and then returns to $1,000. Its two-month compounded return is zero. This is not Cameron's trading sequence; it explains why an average alone cannot reconstruct an account's path.

The same caution applies to the cumulative profit and ending equity on page 5: read cash flows alongside returns. Our trading-results verification guide explains the broader account checks.

Do Warrior Trading students make money?

The provider's current performance disclosure describes Cameron's and featured traders' outcomes as atypical and says it does not track typical customer results. Its annual-report section also distinguishes the completed 2025 period from a 2026 report expected in 2027.

That leaves a practical evidence gap: we cannot calculate a current student success rate from these materials. Selected testimonials cannot supply the missing denominator. Neither can a regulator's historical allegation be converted into a measured success rate for today's students.

Here is our framework for keeping the questions separate:

For a useful cohort analysis, ask how dropouts, inactive accounts, losing participants and course costs are counted. Missing data is a reason to leave a claim unverified, not to invent a positive or negative percentage.

What happened in the Warrior Trading FTC case?

The FTC's April 2022 announcement described allegations of misleading earnings claims and losses in the vast majority of customer accounts it discussed. Those are the agency's historical allegations, not results from a current customer survey by RoboXpert.

The stipulated order filed May 25, 2022 imposed a $3 million monetary judgment. Section I requires earnings claims to be non-misleading and supported by written substantiation available on request. Section II addresses representations about aptitude, experience, capital and time, among other matters. The findings state that the defendants neither admit nor deny the allegations, subject to the order's exceptions.

This was a civil settlement order. It is not a criminal conviction, a blanket ban on selling courses, or proof of a new violation in 2026. By contrast, the 2026 stipulated order in the IM Academy and IYOVIA case does prohibit the defendants defined in it from selling or promoting trading-training services. The FTC refund page records distributions in 2023 and 2024; that history should not be presented as a newly opened refund programme.

How much does Warrior Trading cost?

The public membership page displayed the following US-dollar prices on September 27, 2026. Promotions and checkout terms can change.

Our illustrative budget: buying the displayed $2,997 Pro membership and separately maintaining the $197 and $147 monthly add-ons for 12 months totals $7,125: $2,997 + 12 × ($197 + $147). This is a selected combination, not the cheapest package or a checkout quote. It excludes taxes, brokerage costs and trading losses. Avoid counting a bundle's included access twice.

The practical question is whether the learning benefit warrants the money and time even if trading generates no income. Check the exact package, renewal date and written refund terms before purchase.

A buyer's evidence check before paying

1. Define the lesson you need. Write a specific objective, such as understanding order entry or recording a repeatable setup. “Replace my salary” is an outcome hope, not a curriculum requirement.
2. Examine sample material. Assess clarity and whether the instructor explains losing examples, execution assumptions and limitations. We have not rated the paid curriculum here.
3. Match each claim to a document. Record whose account, which dates, included costs and the report's actual conclusion.
4. Request student evidence if student earnings influence the purchase. A refusal or unavailable dataset leaves that expectation unsupported.
5. Set a complete budget. Separate tuition, recurring tools and the capital exposed to market losses. Do not assume future gains will fund subscriptions.
6. Keep your decision record. Save the offer and terms you actually saw, and compare alternatives against the same points.

Our assessment

The published accountant's report is a substantive transparency point. The lack of tracked typical customer outcomes remains a different, unresolved question. The 2022 order is relevant purchasing context, while current claims and terms still deserve their own examination.

For a reader seeking a reliable income shortcut, these documents do not establish one. For someone considering structured education, the next useful step is to evaluate the teaching and total cost against a specific learning goal. Use our results checklist whenever performance is part of a sales pitch, including ours.