Traders4Traders

I joined Traders4Traders and did the workshop in August 2013. There are few things I would like to comment.

1-) I found Traders4Traders in the seminar presented by [Name Removed] at City index. The presentation was good and at the end [Name Removed] gave is price, AUD 4975.00 for the expert program and he said that if you start trading with $10.000 dollars using his methodology in 4 months you will get the price you paid for the course back.

Really ?? Anyone serious and honest in this market know that it is not true. It takes years to gain experience and be profitable. I know it now because I have been reading a lot of books and joined another serious forex educator.

2 -) I did the workshop day 1 at City Index and Day 2 at another broker that Traders4Traders introduced called Invast. The argument that [Name Removed] gave us was that Trades4Traders was moving office, that is why he was using the brokers office. The funny thing is that I re-attended the workshop again after 4 months and they are still using Invast Broker office . Do they really have a real office/location ? I don’t know.

3-) The course – [Name Removed] has a good understanding of the fundamentals and that is the only good thing for me. However, when trading they trade live economic data releases putting OCO orders, for me it is like gambling I lost money doing it. But [Name Removed] was always using demo account. Most of the things they teach you can get for free online in sites such as Fxstreet and daily Fx.

4-) The other thing I notice is that they make their website look very fancy with a lot of screens using that Reuters Xenith, live new services. I paid for these services but it was a waste of money as well. You can get all you need for free, new releases and chart packages.

I always avoid to make negative comments but AUD 4.975 I s a lot of money to be wasted and feel like in obligation to share my experience.

Unfortunately I wasted this money.
Fundamentals
Trade execution , Money Management

I would give 3 stars, however for the price i paid(5K) i can only give it one star.
I'm very disappointed, the course the course just an overview of forex market. It doesn't worth the money.
Too expensive - it doesn't worth the price AU$ 4700.00. I expected more details
Fundamentals
Too simplistic

Hi

Yes I also have a managed account with traders4traders and yes the past months returns have been very disappointing.My capital is being depleted, let's hope the trades are positive and my loss can be restored, time will tell. I also haven't done a trading course with this company but hopefully they can put in play what they teach.

We browsed the web and found that this business has an active Facebook page. We have discovered that this business has SSL (secure sockets layer), which means that this business handles your data, such as personal information or credit card details, with secure connection. We found that the domain for this business is older than two years which could be an indication that this is a trustworthy business with an established customer base and experience in their field.