TheoTrade appears to be a legitimate platform based on available reviews and ratings. The platform has a 4.2-star rating on Trustpilot, with 74% of users giving it a 5-star rating. Users have praised the experienced and knowledgeable instructors, as well as the detailed courses offered. However, some users have reported losses and issues with alerts. Overall, TheoTrade seems to provide valuable trading education and resources, but potential users should be aware of the risks and biases mentioned in the reviews.