Is Felix Prehn Legit? GOAT Academy Review (Real Name Exposed)
Quick Verdict: Is GOAT Academy Legit?
No. While Felix Prehn (real name Nikolas Prehn) creates entertaining content, our investigation suggests GOAT Academy relies on deceptive marketing.
Users report difficulty obtaining the “guaranteed” refund, tiered pricing based on your wealth, and basic course material available for free.
The Better Alternative: Stop paying $4,000+ for basic trading theory.
Instead, use the “Financed Bull” Strategy (Buying Call Debit Spreads financed by Selling Puts) to gain a mathematical edge.
👉 Click Here to Learn the Strategy (Win Up to 98% of Trades)
Felix Prehn and Goat Academy review.
Are Felix Prehn and Goat Academy legitimate?
Watch this video below and learn my opinion:
In my opinion, Felix Prehn is the second most dangerous predator that I’ve ever reviewed (worse than Teri Ijeoma but better than Invest with Corey).
There are numerous reasons why Felix Prehn and GOAT Academy are a scam:
1)Felix Prehn is a compulsive liar
In the video above, Felix Prehn talks about working on the trading floor, getting an interview at a major investment bank because of a friend and then starting the next day.
As a former investment banker who has worked at numerous Wall Street investment banks this is not how the industry works.
Felix claims that his “banker friends” make “100% a year as their normal” – yet almost all hedge funds fail to beat the S&P 500.
If his fake “banker friends” made those returns then every one of them would be the richest people on earth within a short period of time.
2) Goat Academy’s trading strategy is not profitable
Using the numbers that he provided, his strategy is illogical and not even close to being profitable.
Every trade that’s made using his trading strategy has a negative expected return.
3) Course Materials are Poorly Organized and Available for Free Elsewhere
Members have stated that the course materials are poorly organized and repetitive. Nothing new is taught in the course that you couldn’t learn for free elsewhere.
There is nothing available in the course that you cannot learn for free elsewhere.
Additionally, Felix Prehn and GOAT Academy’s trading strategy has a negative edge (meaning each trade is expected to lose money).
4) Felix Prehn uses manipulative marketing tactics
Boasting about his lifestyle, using animals to build trust with his audience and offering a fraudulent money-back guarantee and return policy that he does not honor are all examples of tactics that Felix uses to manipulate his audience.
Members MUST submit chargebacks to their credit card company and complain to their local government and law enforcement (FTC, FBI, etc.)
When complaining to Government Agencies, you MUST provide evidence with your claims or else it will not be investigated.
There are claims that Felix Prehn and GOAT Academy charges people different amounts based upon their account size.
See below:
Also, some members who take the course are disappointed, denied refunds and then forced to contact their credit card companies to issue a chargeback.
See below:
5) Felix Prehn fails to understand basic trading principles
Felix makes numerous mistakes that even beginner traders would not make (such as calculating his expected profit using the maximum loss number, instead of the premium collected).
I do not believe that Felix actually trades, instead I believe he only engages in hypothetical trading. He also never shares his trading statements.
6) Who is Felix Prehn? (The “Wine Salesman” Reality)
Felix Prehn is actually Nikolas Felix Prehn. Before rebranding as a trading guru, public records and UK Companies House filings link him to Viña Maria, his family’s alcohol import/export business.
In fact, older videos from circa 2016 show “Niko Prehn” selling wine for the family business—not trading on Wall Street. This contradicts his marketing persona of being a high-flying investment banker who retired early solely from trading profits.
He is also described as an artist:
German artist Nikolas Prehn is internationally known for his appreciation and wonder of the natural world.
Nikolas paints on the peak of a mountain overlooking natural lush forests and a wide ocean – this energy is captured in his art. He uses only sustainably sourced natural rock from France and pure Japanese linseed oil.
He may have owned a whiskey company, but that venture seems to have failed:
It seems that Nikolas Prehn’s, grandfather (or great grandfather), Rudolf Prehn started an alcohol import / export business and Nikolas has worked there:
https://sourcing.hktdc.com/en/Supplier-Store-Directory/-/1X03SPV2
https://www.go4worldbusiness.com/member/view/1109446/rudolf-prehn-gmbh.html
Ironically, he has horrible reviews in this business as well.
There is zero evidence that Nikolas Prehn / Felix Prehn has any prior finance or trading experience at all.
It seems that all his previous work experience was in either art or as an alcohol importer / exporter.
In fact, the video below shows a video, made around 2016, where he’s selling wine for his Grandfather’s business Viña Maria SL.
https://youtu.be/am0i9Xwopzo
7) Felix Prehn Steals Content
As evidenced here, Felix steals other creator’s content and then passes it off as his own.
8) The “Unbeatable” Refund Policy Trap
One of the biggest complaints against GOAT Academy is the alleged “bait and switch” refund policy.
Marketing materials promise a “100% Money Back Guarantee.” However, numerous student reports indicate that to qualify, you must:
- Complete the entire course (which takes months).
- Execute specific trades for a full year.
- Submit a journal of every trade.
By the time you realize the strategy doesn’t work, the refund window has often closed, or the requirements are made impossibly tedious to fulfill.
9) The Strategy Flaw: “Risk Reversals” vs. The Financed Bull
Felix Prehn typically teaches a variation of the “Risk Reversal” strategy (Selling a Put to buy a Call) or the “Wheel Strategy.” While these are standard textbook strategies, the way GOAT Academy teaches them often exposes traders to unnecessary risk.
Where Felix’s Strategy Fails:
- Buying Breakouts and Naked Calls: Felix often suggests selling a put to finance a Naked Call. The problem? Naked calls suffer from Theta Decay (time erosion). If the stock doesn’t move fast enough, your call expires worthless, and you took on downside risk for nothing.
- Lack of Risk Definition: His material often glosses over the “VIX Filter.” Selling puts when Volatility (VIX) is low implies you are collecting pennies in front of a steamroller.
Why BestStockStrategy is Mathematically Superior:
We use a specific variation called the “Financed Bull”.
Instead of buying a naked call (like Felix), we Buy a Call Debit Spread.
- Cheaper & Safer: A Call Debit Spread cancels out much of the Theta Decay.
- Financed Cost: We sell a naked put only on large-cap market leaders (like AMZN or GOOGL) at a strike price where we want to own the stock.
- The Result: We finance the Call Debit Spread with the Put premium. This allows us to enter the trade for Zero Cost or a Net Credit.
The Math: By using a spread instead of a single call (as Felix often teaches), we drastically increase our probability of profit, aiming to win up to 98% of trades rather than gambling on a directional breakout.
Conclusion: Felix Prehn and Goat Academy Review
In my opinion, Felix Prehn from Goat Academy is a scam and he is the one of the most dangerous predators I’ve ever reviewed.
Yes, I know that sounds hyperbolic, but the only person who is worse would be Corey Benoit with Invest with Corey.
I believe that Felix’s primary intention is to take money from his audience by any means necessary.
Goat Academy members who are not satisfied should request a refund and then wait 3 days for them to respond with proof of your refund.
Reviews on Trustpilot highlight a pattern of frustration regarding the ‘upsell’ tactics.
If they fail to refund you, then members should consider filing a chargeback with their credit card company and also filing a complaint with their local law enforcement agency and / or Government Agency that investigates scams and fraud.
Frequently Asked Questions (FAQs): Felix Prehn and GOAT Academy Reviews
What is Felix Prehn’s net worth?
I would estimate that Felix Prehn’s net worth is about $3 million USD, almost all of which comes from selling courses / memberships and mentorship programs etc. to his members.
Felix Prehn Reviews: Is Felix Prehn a fraud and scam artist?
In my opinion, Felix is a manipulative, narcissistic, sociopath who also happens to be a compulsive liar.
I believe he’s the worst person I’ve ever reviewed.
Goat Academy and Felix Prehn membership and mentorship review?
In my opinion, joining the Goat Academy would be an enormous mistake. I believe that almost all of Felix’s members will lose money and be denied a refund.
Options Mentoring from Goat Academy Review?
In my opinion, Felix Prehn and Goat Academy are running a fraud and scam.
Who is Felix Prehn?
Felix Prehn is actually Nikolas Prehn, an artist who started a, now defunct, whiskey company and who is the head of Viña Maria (a private label winery).
Felix Prehn Net Worth?
I would estimate that Felix Prehn is worth about $3 million USD (almost all of which is from selling courses, mentorships and memberships).
What is Felix Prehn’s real name?
Felix Prehn’s real name is Nikolas Prehn.
Did Felix Prehn work in trading and investment banking?
It seems that the majority of Felix Prehn’s work history is in alcohol and wine sales, a business started by his grandfather, and also as a painter.
GOAT Academy Reviews?
I would not recommend GOAT Academy to anyone. I believe that you can easily learn everything taught there for free and, unfortunately, it seems that they do not honor their refund policy.
Disclaimer: This review is an opinion piece based on public information, student reports, and business filings available as of 2025. The content provided is for informational and entertainment purposes only and does not constitute financial advice. "Felix Prehn" and "GOAT Academy" are trademarks of their respective owners. We have no direct affiliation with GOAT Academy. Trading options involves risk and is not suitable for all investors.
About the Author David Jaffee
I (David Jaffee) help people become consistently profitable traders while minimizing risk. Learn more about our live trade alerts and courses. I graduated from an Ivy League University and worked at some of Wall Street's most successful investment banks. Subscribe to my YouTube channel for valuable videos - BestStockStrategy YouTube Channel. My personal website is DavidJaffee.com.
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