Warrior Trading is one of the best known day trading education brands, but it is not the right fit for everyone. Some people find the courses expensive. Some want a smaller, more hands-on room. And some arrive here after reading about the company's 2022 settlement with the Federal Trade Commission. Whatever brought you, this guide lays out the honest alternatives and who each one actually suits.
One thing up front, because the search results blur two different needs. Some people want an alternative to Warrior Trading's stock scanner. Others want an alternative to its education and community. Those are different problems, so this guide covers both, starting with the scanner question and then the real focus: where to learn.
TL;DR
- If you only want the scanner, you do not need to switch communities. Free and low-cost scanners like Finviz, Trade Ideas, and the ThinkorSwim built-in scanner cover most of what a momentum trader needs.
- If you want the education and the live room, the best alternative depends on your budget, your schedule, and whether you learn better by watching real trades or working through a set curriculum.
- People most often look for an alternative on three grounds: cost, room size, and trust after the 2022 FTC settlement.
- TradeMomentum is the closest match on the live-trading side, offered monthly with no multi-thousand-dollar course.
- There is no single best room. The right one is the one that matches how you actually learn.
Why people look for a Warrior Trading alternative
Three reasons come up again and again.
Cost is the biggest one. Warrior Trading's programs run into the thousands of dollars. For a beginner who is not yet profitable, that is a large bet to place before you know whether the style even fits you.
Room size matters too. Warrior Trading is large. Some traders learn better in a smaller room where the mentor is closer and the pace is calmer.
Then there is trust. In 2022 the Federal Trade Commission took action against Warrior Trading and its founder over deceptive earnings claims, and the company settled for 3 million dollars. The FTC later returned more than 2.9 million dollars to over 20,000 customers. Warrior Trading continues to operate today. We are not here to pile on. We mention it because it is a matter of public record and it is a real reason many people arrive looking for a more grounded alternative.
If you only want the scanner
A lot of "Warrior Trading alternative" searches are really about the scanner, not the school. If that is you, the good news is you do not have to join anything.
- Finviz covers end-of-day and basic intraday screening for free.
- Trade Ideas is a paid, more powerful real-time scanner with alerts.
- ThinkorSwim has a built-in scanner you can set up for gappers and momentum, at no extra cost with the platform.
None of these teach you to trade. They find candidates. If what you actually want is to learn how to read those candidates, the rest of this guide is for you.
The best Warrior Trading alternatives for learning
We ranked these on how well they replace the part of Warrior Trading most people are paying for: live, real-time education with a community around it. Prices change, so confirm current pricing on each provider's own site before you commit.
1. TradeMomentum, best for live momentum education without a four-figure course
TradeMomentum runs a live daily room where founder Kevin Cabana trades the open in real time, with the reasoning explained as it happens rather than edited afterward. It is a monthly membership focused on momentum day trading and strict risk rules, with no multi-thousand-dollar course to buy up front.
Best for: beginners and part-time traders who want live momentum trading and coaching, monthly, without a large course fee.
2. Bear Bull Traders, best for community and trading psychology
Bear Bull Traders is a well-established community with a strong focus on the psychology side of trading, including a well-known book on the subject. The room is active and the education is broad.
Best for: traders who want a large, mature community and value the mental side as much as the setups.
3. Investors Underground, best for a deep back catalogue
Investors Underground has been running for years and has a large library of recorded lessons alongside its chat room. It suits a self-directed learner who wants depth to work through at their own pace.
Best for: experienced traders who want an extensive archive and a busy chat, and do not need much hand-holding.
4. Bulls on Wall Street, best for a structured bootcamp
Bulls on Wall Street leans on a structured bootcamp format with a defined curriculum, rather than an open-ended room. If you prefer a clear start-to-finish path over watching live sessions, it fits that learning style.
Best for: traders who want a set curriculum and a defined program rather than a live-first room.
5. SMB Capital, best for the advanced and prop-minded
SMB Capital sits at the more advanced, professional end. Its content is respected and it runs a proprietary trading desk, so it fits traders aiming at a prop-firm path more than a first-time beginner.
Best for: advanced traders thinking about proprietary trading, not day-one beginners.
How to choose between them
Answer three questions honestly.
Your budget. If you are not yet profitable, avoid the large up-front course. Start with a monthly room you can leave, prove the style works for you, then decide.
Your schedule. If you can be at the screen for the open, a live room like TradeMomentum gives you the most. If you cannot, a recorded library like Investors Underground or a structured bootcamp fits better.
Your learning style. Some people learn by watching a trader think out loud in real time. Others need a curriculum with a beginning and an end. Neither is wrong, but they point to different rooms.
Frequently asked questions
How legit is Warrior Trading?
Warrior Trading is a real, operating company with a large following. It also settled with the Federal Trade Commission in 2022 over deceptive earnings claims, agreeing to pay 3 million dollars, most of which the FTC returned to affected customers. Treat the education as real but keep a healthy distance from any past profit claims, and judge any program on its process, not its results screenshots.
What happened to Warrior Trading with the FTC?
In April 2022 the FTC took action against Warrior Trading and its founder for advertising that overstated what typical customers earned. The company settled for 3 million dollars, and the FTC returned more than 2.9 million dollars to over 20,000 people. Warrior Trading still operates today.
Is there a free Warrior Trading alternative?
For the scanner, yes. Finviz and the ThinkorSwim built-in scanner are free. For live education and a community, most quality rooms charge a monthly fee, though some offer a free trial so you can test the room before you pay.
Which Warrior Trading alternative is best for beginners?
A monthly, live room with strict risk rules and a low entry cost is usually the safest start, because you can leave if it does not fit and you are not risking a large course fee before you are profitable. Avoid any program that leads with how much money you could make.
Do I need to buy an expensive course to learn day trading?
No. A four-figure course is not required to learn. Structure, a mentor, live repetition, and disciplined risk management matter far more than the price tag, and you can get those from a monthly membership. Look for a program that shows real trades and teaches risk first, not one that leads with income screenshots.
The bottom line
There is no single best Warrior Trading alternative, only the one that fits how you learn, what you can spend, and when you can trade. If you want the scanner, a free tool will do. If you want live momentum education without a large course fee, TradeMomentum is the closest match here. If you want a curriculum, a psychology focus, or a prop path, the other rooms here suit those goals better. Whatever you choose, judge it on process and risk discipline, never on a profit screenshot.
This content is for educational purposes only and is not financial advice. Trading involves significant risk and may not be suitable for all traders.
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