• Please try to select the correct prefix when making a new thread in this folder.

    Discuss is for general discussions of a financial company or issues related to companies.

    Info is for things like "Has anyone heard of Company X?" or "Is Company X legit or not?"

    Compare is for things like "Which of these 2 (or more) companies is best?"

    Searching is for things like "Help me pick a broker" or "What's the best VPS out there for trading?"

    Problem is for reporting an issue with a company. Please don't just scream "CompanyX is a scam!" It is much more useful to say "I can't withdraw my money from Company X" or "Company Y is not honoring their refund guarantee" in the subject line.
    Keep Problem discussions civil and lay out the facts of your case. Your goal should be to get your problem resolved or reported to the regulators, not to see how many insults you can put into the thread.

    More info coming soon.

Problem G7FX Nirav NV Scammer

I am having an issue with a company
I've done a fair amount of digging on G7FX and this is what I discovered:

- NV's name is Neerav Vadera

- G7FX originally was incorporated in 2009 then dissolved in 2011.

The newest incarnation is the G7 Group formed earlier this year

- He worked at Barclays Investment Bank for 2 years as an investment advisor

This is not in line with his Linkdein where he claims to have been a trader at Barclays for 6 years and that G7FX has been around for 11 years. I asked him about this on LinkedIn and he just gave me the run around. He also refused to tell me what prop firm he supposedly worked at.

The funniest thing was that I wrote him an e-mail about the course and got contacted by "head of institutional trading at G7FX" Gary Brewer. To my surprise when looking on trust pilot I find that one of the first reviews ever is by Gary Brewer! When I confronted old Gaz about this he gave me some ridiculous story about how he'd completed the course and then him and NV had hit it off so well that NV had decided to hire him as part of the G7FX team. I'm sure it's just a coincidence that they both have thick London accents and that they didn't know each other prior to the course...

Despite all the above I was curious as he seemed to have some interesting things to say on his YouTube videos and I actually managed to get hold of the course for 70 dollars on TS courses and although it's been useful for someone with very little experience to learn the basic tools and some appproaches I find it unbelievably hard to watch because he waffles and repeats so much. It's also cringe the amount of times he says 'you're not gonna get this anywhere else' etc. So there it is.
Hello Fruiters.
The 'ridiculous' story, as you put it, it's actually 100% truth. I had no need to tell you any mistruth during our conversation and I don't understand why you think it was false. I was actually the 2nd student every to sign up to G7FX. I would be interested to know why you think I would have lied to you. It's a lot easier for me to confirm I'm telling the truth here than for you to prove that I was lying. Unless you know something that I don't?
Is it John...?
Will be interested in your reply mate.
 
I've done a fair amount of digging on G7FX and this is what I discovered:

- NV's name is Neerav Vadera

- G7FX originally was incorporated in 2009 then dissolved in 2011.

The newest incarnation is the G7 Group formed earlier this year

- He worked at Barclays Investment Bank for 2 years as an investment advisor

This is not in line with his Linkdein where he claims to have been a trader at Barclays for 6 years and that G7FX has been around for 11 years. I asked him about this on LinkedIn and he just gave me the run around. He also refused to tell me what prop firm he supposedly worked at.

The funniest thing was that I wrote him an e-mail about the course and got contacted by "head of institutional trading at G7FX" Gary Brewer. To my surprise when looking on trust pilot I find that one of the first reviews ever is by Gary Brewer! When I confronted old Gaz about this he gave me some ridiculous story about how he'd completed the course and then him and NV had hit it off so well that NV had decided to hire him as part of the G7FX team. I'm sure it's just a coincidence that they both have thick London accents and that they didn't know each other prior to the course...

Despite all the above I was curious as he seemed to have some interesting things to say on his YouTube videos and I actually managed to get hold of the course for 70 dollars on TS courses and although it's been useful for someone with very little experience to learn the basic tools and some appproaches I find it unbelievably hard to watch because he waffles and repeats so much. It's also cringe the amount of times he says 'you're not gonna get this anywhere else' etc. So there it is.
Have you ever maybe considered, when you were playing Mr Detective.. that he only had to be listed on the FCA register for those time periods when that was his role in the company? And that just maybe he worked there for 3/4 years prior in a less prestigious role which did not require being listed on the register?

The information merely shows 2 roles he was involved in and the duration for both. It doesn’t state when he became an employee of Barclays Bank, nor does it show when he officially left Barclays Bank as an employee. So I would say that is out of the window.

Also, what does it matter when a company was made and when it was dissolved? I could run a service and be paid to my personal account for 3 years, then think “hey you know what im gonna start a limited company and do it through that” then 3 years after that I might close the company down because i dont need it anymore, but still continue to run the service for a duration of time. In my eyes, that’s just irrelevant and I dont see what your point is? The guy made a company, then closed it. So? I could do that but still run a service.

I honestly don’t understand why this forum is bashing the guy. All everyone is saying here is “NV is doing this, Nirav is doing that, I think he does this..” I think some people just WANT to find something bad about this man and his company, and are just picking at every irrelevant detail which has nothing to with anything other than the fact something to moan and ***** about.

Let’s not forget this all started by someone who blatantly steals other peoples signal services and provided no proof of NV being a “scammer”.
 
Have you ever maybe considered, when you were playing Mr Detective.. that he only had to be listed on the FCA register for those time periods when that was his role in the company? And that just maybe he worked there for 3/4 years prior in a less prestigious role which did not require being listed on the register?

The information merely shows 2 roles he was involved in and the duration for both. It doesn’t state when he became an employee of Barclays Bank, nor does it show when he officially left Barclays Bank as an employee. So I would say that is out of the window.

Also, what does it matter when a company was made and when it was dissolved? I could run a service and be paid to my personal account for 3 years, then think “hey you know what im gonna start a limited company and do it through that” then 3 years after that I might close the company down because i dont need it anymore, but still continue to run the service for a duration of time. In my eyes, that’s just irrelevant and I dont see what your point is? The guy made a company, then closed it. So? I could do that but still run a service.

I honestly don’t understand why this forum is bashing the guy. All everyone is saying here is “NV is doing this, Nirav is doing that, I think he does this..” I think some people just WANT to find something bad about this man and his company, and are just picking at every irrelevant detail which has nothing to with anything other than the fact something to moan and ***** about.

Let’s not forget this all started by someone who blatantly steals other peoples signal services and provided no proof of NV being a “scammer”.
Well, wouldn't you like to know if something is a scam before paying for it? I just shared my point of view, and made a few claims wich I think are valid. I didn't even talk about is agressive marketing style nor if he actually is a former Barclays's trader... But if you think 100%+ returns a month are realistic then you are going to be disappointed... Why would he use a different account every month without even showing the balance? Like I said, he's probably using various accounts every month and only showing the one with the best results.
I'm not saying he's a scammer but a lot of things don't add up...
 
Well, wouldn't you like to know if something is a scam before paying for it? I just shared my point of view, and made a few claims wich I think are valid. I didn't even talk about is agressive marketing style nor if he actually is a former Barclays's trader... But if you think 100%+ returns a month are realistic then you are going to be disappointed... Why would he use a different account every month without even showing the balance? Like I said, he's probably using various accounts every month and only showing the one with the best results.
I'm not saying he's a scammer but a lot of things don't add up...
To be honest that wasn’t directed at your comment personally so apologies for that, you were very neutral and you see it from both sides and didn’t claim he was a scammer. Fair enough. Hence why I didn’t reply directly to you comment..

I don’t think 100% a month is realistic, but funnily enough NV says this himself and is very open to everyone he talks to that they shouldn’t expect these kind of results. He’s not claiming that if you buy his course and use his approach you’ll get the same, watch his youtube videos, he is openly honest about that.

Everyone is open to opinion and debate and of course we all want to do our due diligence and know if something is a scam or not. I’m just looking at the facts and I don’t see anything that points him or his course to being a scam.

My comment was more directed at the other guy talking about Nirav’s previous employment history and trying to use that to say something bad about the whole thing, I just don’t get it. Already explained why.

It’s ironic though, because that’s two people in here now who have said “yeah i got the course off someone” or “i got the course of TS courses for 70 dollars” from some pirate website, so they still think he’s a scammer, but take the freaking course? Why? It’s just contradictory. Not only that, how can you give a credible opinion about a company / course / person if you didn’t even buy it direct from the real source? You’re missing the lifetime support you get with the course and other additional content. It’s laughable.

What I would suggest to people is why don’t you ask some of Nirav’s REAL genuine students for their opinion of NV and his course on social media? NV regularly makes a point of sharing his students’ trades and progress on his instagram stories. Ask them and see what the general consensus is? Ask as much as it takes. Don’t just take it from me or someone else on this forum who bought the course from a flippin’ pirate website. Or even worse yet, from someone who hasn’t even bought the course!
 
To be honest that wasn’t directed at your comment personally so apologies for that, you were very neutral and you see it from both sides and didn’t claim he was a scammer. Fair enough. Hence why I didn’t reply directly to you comment..

I don’t think 100% a month is realistic, but funnily enough NV says this himself and is very open to everyone he talks to that they shouldn’t expect these kind of results. He’s not claiming that if you buy his course and use his approach you’ll get the same, watch his youtube videos, he is openly honest about that.

Everyone is open to opinion and debate and of course we all want to do our due diligence and know if something is a scam or not. I’m just looking at the facts and I don’t see anything that points him or his course to being a scam.

My comment was more directed at the other guy talking about Nirav’s previous employment history and trying to use that to say something bad about the whole thing, I just don’t get it. Already explained why.

It’s ironic though, because that’s two people in here now who have said “yeah i got the course off someone” or “i got the course of TS courses for 70 dollars” from some pirate website, so they still think he’s a scammer, but take the freaking course? Why? It’s just contradictory. Not only that, how can you give a credible opinion about a company / course / person if you didn’t even buy it direct from the real source? You’re missing the lifetime support you get with the course and other additional content. It’s laughable.

What I would suggest to people is why don’t you ask some of Nirav’s REAL genuine students for their opinion of NV and his course on social media? NV regularly makes a point of sharing his students’ trades and progress on his instagram stories. Ask them and see what the general consensus is? Ask as much as it takes. Don’t just take it from me or someone else on this forum who bought the course from a flippin’ pirate website. Or even worse yet, from someone who hasn’t even bought the course!
I agree with everything you said. I guess those who bought the course from pirate websites just wanted to see what type of information NV shares before purchasing it from him and spend a lot more.
And I think you're right, the best way to see if he's legit is by following his students progress and ask questions.
After looking at some of his students progress I can say NV looks legit. I just think he should't be using such agresive marketing strategies and unrealistic results to promote his course. Because that will only attract the wrong people hoping to double an account in the first month (although, like you said, he doesn't guarantee this results). Maybe that's something he could change in the future...
 
I requested the results from Nirav and asked a couple of questions about the course. His results for a full year show an average monthly return of over 70% with not one month below 40%, he says this is consistent and the reason he starts a new account each month is because he needs the money to live on. I pointed out that with his returns if he opened an extra account with 5k and let it compound he would have 3million within a year and (I know there are problems of scale here) a billionaire within 2 years. When I put this to him obviously I got a very flimsy explanation. I'm a complete beginner at this but even I can M see that someone with those potential returns would not be giving some online course the hard sell for a few hundred quid at a time.

Also the guy I emailed was almost decontamination Nirav himself masquerading under a different name as 'G7fx senior institutional trader'.
So obviously dishonest to me and doesn't hold up to the slightest but if scrutiny unless he's done sort of idiot savant who simultaneously is a genius trader who also has no understanding of compound growth.
 
@AlGreen I pointed out that with his returns if he opened an extra account with 5k and let it compound he would have 3million within a year an
So you put 5k ,
and you make 40% every month.
it's not 3m a year, it's not even 200k
 
I requested the results from Nirav and asked a couple of questions about the course. His results for a full year show an average monthly return of over 70% with not one month below 40%, he says this is consistent and the reason he starts a new account each month is because he needs the money to live on. I pointed out that with his returns if he opened an extra account with 5k and let it compound he would have 3million within a year and (I know there are problems of scale here) a billionaire within 2 years. When I put this to him obviously I got a very flimsy explanation. I'm a complete beginner at this but even I can M see that someone with those potential returns would not be giving some online course the hard sell for a few hundred quid at a time.

Also the guy I emailed was almost decontamination Nirav himself masquerading under a different name as 'G7fx senior institutional trader'.
So obviously dishonest to me and doesn't hold up to the slightest but if scrutiny unless he's done sort of idiot savant who simultaneously is a genius trader who also has no understanding of compound growth.
And he will not be billioner in 2year whit 40% return every month.
these are the basics of mathematics
I think at least I would have to learn that to start doing anything in life,
 
You will see that I said his average monthly return was over 70% so I used that as the monthly return. Starting at 5k compounding I get £2,913,111 after 1 year.
Even with 40% I'm pretty sure it's over 200k I get £283,469

This is pretty awkward as one of us is wrong and looks a bit of a dick

And he will not be billioner in 2year whit 40% return every month.
these are the basics of mathematics
I think at least I would have to learn that to start doing anything in life,
 
Back
Top