PTFX University Review: Autotrader commodities fraud
PTFX University, aka The Private Trade Room, fails to provide ownership or executive information on its website.
PTFX University’s website domain (“privatetraderoom.com”), was registered in September 2023. The private registration was last updated on September 18th, 2025.
Further research reveals Mike Taylor promoting PTFX University on social media:
Taylor is known to BehindMLM as owner and CEO of the BFF Crowdfunding Ponzi cycler, aka BFF Global Network.
BFF Crowdfunding launched in mid 2023. Following a fraud warning issued by Australia, BFF Crowdfunding collapsed in April 2024.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
PTFX University’s Products
PTFX University has no retailable products or services.
Promoters are only able to market PTFX University promoter membership itself.
PTFX University’s Compensation Plan
PTFX University’s compensation plan pays on recruitment of promoters.
Direct Recruitment Commissions
PTFX University pays a direct commission per promoter recruited:
- recruit one to forty-nine promoters and receive $50 on each 28-day promoter membership
- recruit fifty to ninety-nine promoters and receive $64 on each 28-day promoter membership
- recruit one hundred or more promoters and receive $75 on each 28-day promoter membership
Residual Commissions
PTFX University pays a 5% commission on recruitment efforts by personally recruited promoters (level 2).
Joining PTFX University
PTFX University promoter membership is $149.99 every 28-days.
PTFX University Conclusion
PTFX University sees Mike Taylor return to selling purported trading education to consumers. Of note is Taylor failing to provide evidence he is a registered Commodity Trading Advisor (CTA).
Of additional concern is Taylor providing PTFX University promoters access to something called PTFX Goldrush Autotrader Training:
Over on Taylor’s YouTube channel, starting about three months ago consumers have been pitched on video titles such as “$16K in 3 Days?!”, “$5K First Day Profit + $12K in Wins!” and “$1,138 to $11,009 in 24 Hours?!”.
PTFX Goldrush Autotrader is set up on the domain “ptfxgoldrush.com”, which redirects to a Google Form:
Taylor sells PTFX GoldRush Autotrader for either $2000 annually or $5000 lifetime access. A 20% commission is paid out on personal referrals.
Basic due-diligence should see anyone question why, if advertised automated profits were consistently achievable, why Taylor doesn’t just quietly run his purported “autotrader” bot for himself?
Regardless of the specifics of how PTFX GoldRush Autotrader is set up, Taylor is pitching consumers on automated trading.
This at a minimum requires registration with the CFTC (FINRA). A search of the FINRA database reveals PTFX GoldRush Autotrader is not registered.
Disclosure failures (who created and runs PTFX GoldRush Autotrader’s trading bot), are potential additional violations of the Commodities Exchange Act.
The usual set up for a commodities fraud MLM scheme is API access to funds held on a consumer’s own broker account. This still requires CFTC registration but if there’s any pooling of funds, Securities and Exchange Act violations may also apply.
On top of commodities and potential securities fraud, the MLM side of PTFX University operates as a pyramid scheme (nothing is marketed or sold to retail customers).
As with all MLM pyramid schemes, once recruitment dries up so too do commissions.
From PTFX University’s website;
NOTE: Due to being a digital course, the Company does not offer a refund.
Math guarantees that when an MLM pyramid scheme collapses, the majority of participants lose money.