Quillan Roberto Black, better known by his online name Cue Banks, Cue Banks Net Worth is a prominent figure in forex trading. The Jamaican-American entrepreneur has built a multi-million dollar empire through his trading skills, educational courses, and social media presence.
Overview of Cue Banks Net Worth
Category | Details |
---|---|
Original Name | Quillan Roberto Black |
Also Known As | Cue Banks |
Estimated Net Worth | $4-5 Million (as of 2023) |
Date of Birth | July 18, 1991 |
Birth Place | Mandeville, Jamaica |
Currently Living | Miami, Florida, United States |
High School | Attended school in Broward County, Florida after moving to the U.S. |
Marital Status | In a relationship with his girlfriend Macy Jahoda |
Children | One daughter, Sylver Ann Black (with Macy Jahoda) |
Hobbies | Supercar enthusiast – modifying and collecting luxury vehicles like Ferraris, Lamborghinis, Audis |
Social Media | Instagram: @cuebanks (550k+ followers), YouTube: CueBanks (170k+ subscribers) |
Occupation | Forex trader, entrepreneur, founder of Wall Street Academy and Forever In Profit |
Trading Style | Primarily focuses on technical analysis (95%) – support/resistance, supply/demand, fibs, market structure |
Notable Accomplishments | Built multi-million dollar net worth through forex trading and educational courses. Aims to help others achieve financial freedom. |
Top Tier Trader | Prop trading firm Cue co-founded. Makes money by charging a percentage of profits from funded trader accounts. |
Early Life and Career Beginnings
Born in 1991 in Mandeville, Jamaica, Cue Banks moved to the United States at a young age. He attended high school in Broward County, Florida before discovering his passion for forex trading in his early 20s, 24 years old to be precise.
Starting with humble beginnings, Cue Banks Net Worth initially earned around $800 per week from trading. However, his dedication and skill quickly led to increased profits, with reports of him making up to $9,000 in a single day.
What Does Cue Banks Net Worth Comprises Of?
Cue Banks has an estimated net worth of around $4-5 million as of 2023. Known for his love of luxury cars, Cue Banks owns an impressive collection including a 2020 Ferrari Pista, a 2017 Lamborghini Aventador SV, and a 2019 Audi RS5 Sportback. The Jamaican-American forex trader and entrepreneur has built his wealth through various income streams.
Let’s analyze some of his primary sources of income:
Income Source | Estimated Earnings |
Forex Trading Profits | Six-figure trades ($100k – $200k), biggest week $1.1 million |
Wall Street Academy | With over 9,000 students, the primary course is priced at $749.99 |
YouTube Ad Revenue | 175k subscribers estimated $12,000 annual ad revenue |
Funded Trader Programs | Portion of income from lending money through Top Tier Trader |
The Rise of Wall Street Academy
In 2016, Cue Banks founded Wall Street Academy (WSA), an online educational platform designed to teach others his successful trading strategies. The academy offers two main courses, with the primary online course priced at $749.99. WSA boasts over 9,000 students worldwide, providing them with lifetime membership, access to webinars, and a supportive Facebook community.
The success of Wall Street Academy has significantly contributed to Cue Banks’ net worth. With thousands of students enrolled at hundreds of dollars per course, the platform generates substantial revenue for the forex trader turned educator.
Forex Trading Profits
While the exact figures are not publicly disclosed, Cue Banks is known to take high-value trades ranging from $100,000 to $200,000. His preferred trading tool is the US30 index, which he favors for its volatility and momentum. Although some question the legitimacy of his trading profits, Cue Banks often shares his trades and account balances on social media, claiming to make six-figure sums in a single day.
However, it’s important to note that there are conflicting opinions regarding the source of Cue Banks’ wealth. Some suggest that the majority of his income stems from his educational courses and funded trading programs, rather than actual trading profits.
YouTube Earnings and Influence
In addition to his forex trading and educational ventures, Cue Banks has built a substantial following on YouTube. His channel, created in 2009, now boasts over 175,000 subscribers and 58, 11,651 views. Cue Banks uses his YouTube presence to share insights into his trading strategies, as well as to document his luxurious lifestyle through vlogs.
With an estimated annual ad revenue of $12,000, YouTube provides another income stream for the successful trader. More importantly, however, the platform serves as a powerful marketing tool, attracting potential students to his Wall Street Academy courses.
Controversies and Criticisms
Despite his success, Cue Banks has faced criticism and accusations of being a scammer. Some claim that he, along with other prominent forex traders like FxAlexG and LamboRaul, make most of their money from selling courses and funded trading programs rather than actual trading.
Others have called out Cue Banks for refusing to show his trading portfolio or verified results, suggesting that he uses demo accounts to showcase profits. Additionally, his association with unregulated brokers has raised suspicions among some in the trading community.
Answering Some of the Commonly Asked Questions
What Luxury Assets does Cue Banks own?
Cue Banks owns several luxury cars, including a 2020 Ferrari Pista, a 2017 Lamborghini Aventador SV, and a 2019 Audi RS5 Sportback. He also resides in a lavish mansion in Miami, Florida.
Do Cue Banks offer any Free Courses?
Cue Banks does not offer any free courses.
How did Cue Banks start his career?
Cue Banks started working at Target in 2014, making $9/hour. He discovered forex trading in 2015 and went full-time after making consistent profits.
What is Cue Banks’ monthly income?
Some sources estimate Cue Banks’ monthly income to be between $500,000 to $700,000 from various income streams.
How old is Cue Banks?
Cue Banks’s current age is around 33 as of now in 2024.
Wrapping Up on Cue Banks Net Worth
Cue Banks’ net worth is a testament to his success in the world of forex trading and online education. While the exact sources and legitimacy of his income may be subject to debate, there’s no denying the impact he has had on the trading community.
As he continues to grow his brand and influence, it’s likely that Cue Banks’ net worth will only continue to rise.