How To Spot a Fake Forex Mentor?

moonchild

VIP Contributor
Forex trading is currently mainstream, a lot of people know about it and getting into it, good and bad, with different intentions, if you're a beginner or just looking at improving your skillset you might have to get a mentor, how do you spot a fake mentor then? In this short post we'll deep dive into that and figure it out.

They are always eager to get you to pay: Most forex charlatans just want you to pay and don't care about you, they run ads to their landing pages promising you unrealistic gains with payment clause at the end, stay away.

They are almost flashy: They like to show you their lifestyle, fast cars, jewelries and inflated trading accounts, just to get you to commit to their programs, using their lifestyle to sell the dream, stay away too!
 

FinTrader

Active member
You can recognize scammers not only by the fact that they demand money for their training. Often they only tell you that they make good money, but do not provide evidence of their profit in their real trading account. Moreover, they will never make a trade online to clearly show how their trading strategy or analysis method works. They can only tell in words and in the history of the MT chart where they would enter the market and where they would exit with a profit)). And any beginner who knows a little trading and technical analysis can tell this).
 

tray59

Active member
There are so many ways to spot fake forex trading mentor some of the things which you need to consider is they may ask for money as soon as possible but a realistic mentor will focus on learning instead of money I also believe that fake mentor will never be there to help you when you needed his help I'd your mentor is real he will incorporate the habit of coaching give you his trading signal and trading strategy when you needed one, there are alot of forex mentor and if you actually need the right one always read reviews and people comment before chose a mentor
 

FinTrader

Active member
When a trader really makes money and does it consistently, there is no point in selling his trading ideas and method of analysis for money. After all, this is what he earns. And there is no point for him to teach beginners, to waste time and nerves on it. And scammers just don’t know how to trade profitably, but they know how to beautifully inspire and tell, for which they receive money from gullible newcomers.
 
Top