• 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 NV Nirav Neerav Vadera Exposed as a Fake Guru

I am having an issue with a company
For anyone new reading this, also go through the following reviews on G7FX. People have put in some serious effort to warn you. You owe it to yourself to do some research before spending thousands on a Fake Guru.

Enough has been said in reviews above and shown with proof to put some serious doubt in your mind about NV the scammer. I am not his competitor, have nothing to gain by defaming him, you can check my Insta and other posts about exposing other fake gurus. I hate scammers, hence this post to hopefully warn someone in the future.

NV has spent so much time, planning, resources and effort on creating a 15-hour course which could be a 3-hour course if it was not for his useless rambling, websites, mentoring programs, challenges, Instagram posts, heavy social media marketing etc, its probably the best I have seen in an effort to con people, so he deserves this big post. He does all that and still apparently finds time to trade. I am not as gifted so this review has been in the works for a very long time, as unlike NV, I do have a life.

I bought this course last year and genuinely believed he was a legit trader. I did the foundation course and found it refreshing. I even posted about it on my Instagram page. The concepts of Market Profile, VWAP etc were new to me as I was coming from an FX background. I discovered later that the concepts are not new, the knowledge is out there, you can find it on youtube and other online forums. I initially found "value" in them as it was the first time I came across it. Just as technical analysis, fibs, indicators, price action may be mind-blowing for someone jumping into FX for the first time, the concept of Market Profile, VWAP, Composite, VPOC etc will be fascinating to newbies but well known to those who have read about it before.

But the "value" for me, what was making the course fee worth it was NV's genuine trading background, years of work experience for top institutions, custom-built tools/charts, etc. This industry is full of scammers, so forget the results, here we had a genuine trader teaching us the ways professionals do it. If you take this background away, or it turns out to be a lie, then NV is yet another fake guru, just a bloke doing commentary on some (copied/stolen) content. Tell you what, that's exactly what it is. NV is a nasty scammer providing commentary on stolen content at the same time telling lies about his past. You can go through the links above or see a summary below. Make up your own mind.

  1. It is proven that he appeared on Forex Factory in 2013 claiming to be an ex Barclays trader going solo for 4 years and focusing purely on the FX spot market now. It was revealed that he created multiple profiles and he was caught trying to pass off his demo account as real, on one of them. Also proven how he was trying to introduce others to a system with Elliot waves. Now, why would an institutional trader who bashes retail trading, focus purely on FX spot and get inspired by Elliot Waves? There is no mention of DOM, Market Profile, Composites etc. Did he not use these tools in Barclays or discover them later? Smell something fishy?
  2. He says multiple times in the course that he worked for a top Prop firm after Barclays. There is no proof that he ever worked at a Proprietary trading firm. It was actually proven when SMB Capital themselves said that he was a TRAINEE last year, what a liar! The plot thickens...
  3. There is no proof of his Futures Trading results. Ever see him post results showing S&P 500 or Crude Oil which is what the whole course is about and which makes 95% of his portfolio? He has been seen arguing that "futures account cannot be audited". Well, they can. Just google it and see equivalent sites to myFxbook. Or how about a monthly statement from your broker showing futures trade history. Surely a broker can supply that. Nope, you won't find any. So trading a large Futures Account is a lie.
  4. It was proven that his Barclays experience was in non-trading roles so he was definitely not advising Central banks & Hedge Funds as he claims. So some more shady stuff.
  5. It is proven that his custom made DOM ladder that he spent ££££ on, was actually STOLEN from John Grady.
  6. It is proven that the claims of him watching/trading the DOM for years are false. His words "I did this DOM thing few years ago for a laugh (john grady), wanted to know if I could get into DOM. It is a great tool that requires alot of concentration. Kudos to those who have the skill (I don't)". So claims of him being a DOM wizard are a lie
  7. It is proven that his "personally developed sierra custom volume chart" is stolen from the leprivatebanker.com. The source codes are identical. Even the course content is stolen. The terms "cumulative delta", "value migration", "Line in the sand", "composites" are all used in the private bankers 2013 program. STOLEN CONTENT.
  8. It is proven that the Footprint tool that NV said was custom made and he spent ££££ to make it is actually the footprint from Order Flow Analytics. STOLEN CONTENT.
  9. A lot has been said about his MyFXBook. Whether it's claims that he opens multiple accounts, blowing most, and doubling one or that he has told some people that he needs the FX money so he closes at the end of the month, or the proven fact that his FX account size is a small 1K. Whatever the excuse, if he is a legit trader and FX makes 5% of his portfolio (as he says in the course), he shouldn't need this money to live on so why not keep the myFXbook going to show you can replicate results every month. Secondly, G7FX course is about S&P 500 (ES) and Crude Oil (CL) Trading, it does not teach FX. So showing a myFXbook or even discussing it is IRRELEVANT as you won't get to learn FX Trading from it. But he heavily advertises FX stats so he can pull people in to buy his course. More shady fake guru-type behaviour.
  10. It was proven that he photoshopped a picture of him standing in the New York Stock Exchange. Its not a joke, it was actually well done and fits the theme of him lying about his background. It was heavily used to promote himself on social media and also to advertise his mentoring program which he is now charging £3000 for an 8 week course. Yet another money making avenue for this scammer.
  11. It was proven that he manipulates myFXbook results. He deposited money into his FX account, which made his account jump by 100%. This resulted in a mismatch of Gain and Abs Gain values. He then makes a youtube video and advertises on social media heavily to show £140% returns. What a scammer!
  12. If you have been dealing with G7FX for a long time as I have, you would know the people who work there, by their Instagram IDs or by their names if they reply to your messages. I tried to contact and most of them have left G7FX. They won't say why or reveal inside stories but I am sure they left when they found out the truth. Now, why would they do that if they were not convinced he was a scammer? Who wouldn't want to work with a legit institutional trader? I do not know any of them personally but they have my respect for walking away and not being part of the scam anymore. They have ethics and a conscience. Which nasty NV lacks and continues to find new ways to scam people.

Hopefully the above has convinced you that NV is a scammer, a fraudster, a con artist and you will walk away thanking me and other posters for exposing him. You are welcome! If you are still here, continue reading for some more insights.

  1. All bad reviews on TrustPilot are deleted. Everything 5 star remains. No bad reviews, seriously? Which company out there do you know that has such a track record? He surely has hired someone to post fake reviews and delete bad ones. Worry not, a copy of this will also go on TrustPilot, and good luck to him for trying to remove it, I will make sure it stays most probably as the only 1-star review (He flags all bad reviews and asks for proof of purchase which I think most people cannot be bothered to provide but I am happy to do so).
  2. The guy never loses. Never shows a failing trade. If he is not in action on a given day, he is conveniently not trading as the markets are "rotational" or the conditions are not suitable or some important life event has come up. He is probably blowing accounts that day so cannot show the results but where is the transparency. Who wins all the time?
  3. His LinkedIn profile/CV contains the word N.V. instead of his full name, who calls themselves that professionally? Anyone can write anything on a LinkedIn profile, it's not verified. Do you see recommendations or endorsements from any renowned traders or organizations? Such an experienced trader is bound to have some you would think, no? It is just a means to pull wool over your eyes in an attempt to legitimize his fake credentials.
  4. It was proven that he partnered with QUANT FX, decided to create a new company and became Director of Quant GRP LTD but resigned shortly afterwards. I have nothing against QuantFX (I won't bash them as I have no proof of them doing anything shady or trying to scam people) and they are welcome to log in here and set the record straight, but why would an Institutional Trader partner with a Non-Institutional trading company who purely teach Technical Analysis which he hates. I bet there is a good backstory here as to why they went separate ways and I won't be surprised if it turns out that NV faked his background to start a joint venture with the other owner. Maybe they found out and kicked him out. So some more shady stuff.
  5. Pays so much money for advertising on all social media platforms. I have seen his ads everywhere. Gone are the days of silly videos of him hiding his face with a stupid mask. They are getting more snazzy. Clearly paying a company to professionally edit them with all the scam money he has made. If you make your bread by trading, double your account at will, you do not need to advertise so much to sell your courses. It's pathetic and cringe. Ever seen an advert for a Ferrari? Exactly! Why would you take the headache of selling courses, putting up with reviews like this, mentor people for 8 weeks, waste time making youtube/social media videos when you can just double your money sitting anywhere in the world. Unless you make more money selling courses/mentoring. Get it ?
  6. He is aware of all the FPA posts. He reads them. It bothers him. But he cannot do anything about it, although he is trying to find shady ways to do so. I can see his paid review sites ranking higher in search results now. The forexfactory results are moving down the page although FPA is unaffected for now. It's not beyond him to pay someone to do that.
  7. Since all these bad reviews have propped up, he got scared I think, and started this 25KChallenge to distract people. What utter nonsense is that? Even if there are 0 legit traders out there, and no one wins the challenge, how does that make him legit and everything above about him false? Only because he shows a myfxbook which has nothing to do with institutional trading? It's a joke really. The only good thing coming out of this would be if he actually donated to Charity. Don't hold your breath for that to happen though. Even if he did, its not his money, it's the money he scammed from others.
  8. So many people have reached out to me to tell me their experience and his history. I have so many other screenshots proving he is fake, proof of conversations of him doing dodgy stuff. A lot from now and some even in the past before he created G7FX. I won't circulate them as NV would find out who gave them to me and those people are concerned that given what a Nasty person he is, as he knows their personal details including family/work details, that its not beyond him to put them in trouble. Just shows you the type of person you are dealing with here. I mean look for yourself, in the detailed planning behind this elaborate scam.
  9. Lastly, I am surprised no one has reported him to FCA or organisations like ActionFraud. Would be interesting to know what they say. I will find out :) It won't be long before he shuts up shop and sails into the sunset with his hundreds of thousands of pounds of scammed money. Let's say 500 students paying £1K each and hundreds paying 3K for mentoring. You do the math. He has done well, hasn't he? Putting that business school knowledge to good use. in scamming people!
There you have it, folks. That's enough food for thought. It's your decision now. If you are still on the fence by reading all the above, then all I can say is may whoever you pray to be with you and guide you to the land of the sane people.

ManzilFX out
Hi can you advise me of a great forex course with the techniques neerav purported are better than lagging indicators please
 
Come on Manzil, this is total defamation. We all know you are just one of his competitors that is angry that he's finally teaching the real deal!

On a serious note, if you're trading skills are even half as good as you're investigating skills you must be making big dollar! Good work.
Hi is Neeravs techniques any good and where can I learn them? Please help as so many scammers out there like Greg secker
 
I am his student for almost a year now. I can tell that this is FAR from a scam. Its actually one of the few things you can learn in trading and actually make it work for a living. Just save the money and buy his course, but you must be part of the community since it adds HUGE value and you will learn even more in it.
 
Guys
I am thinking about looking into his courses and I'm torn between his falsifying qualifications/experience and the actual course content.

Is this a case of reasonable course content being presented by a dodgy character?
Would he be more successful if he just said upfront he wasn't a trader or a CFA but simply collated materials into a course?
So far, my impression is that he is a shady character but no one has actually unpicked his courses and said if they are crap or not?
 
For anyone new reading this, also go through the following reviews on G7FX. People have put in some serious effort to warn you. You owe it to yourself to do some research before spending thousands on a Fake Guru.
I'm gonna destroy this guy's life because of wasting people money and time.
This NV fraud keep telling the world "garbage" to everything except the things he really thinks explaining them, but he can't because this guy has mental illness and can't concentrate on teaching anything.

Telling information upon his ass and thinks he's smart.
I'm mad because People who trusted this guy and expend their savings (1000£) to learn something.

He also have no balls to answer my comments on YouTube, and he keeps deleting them.
Once for all I'll expose this scammer to the rest of the world on YouTube.

Huh!
Stealing people's hope and money to buy a house?
Show off stolen money that now you are successful and you got married?

YOU PAY NV.
YOU PAY.
 
Guys listen.... in order for someone to be called a professional trader and teach professional trading, he/she must be regulated by an Regulatory Authority like FCA etc etc... Because these people when they work for institutions have some Controlled functions. They need to be regulated so that they can perform those said controlled functions. Those pages on FCA or other authorities exist on the internet and you can check them yourselves.

If those called gurus and professionals don't have such profile pages it means they were never regulated and they should not be called professionals, nor teach to people.

Those gurus are in fact Furus (fake gurus) and are selling the inversion narrative, which means they teach you the opposite of how you should trade, the way your brokers want you to trade, the way investment banks want you to trade, thus providing the necessary liquidity to the professional traders, you become dumb money for the smart money.

Stay away from those.




 
I am his student for almost a year now. I can tell that this is FAR from a scam. Its actually one of the few things you can learn in trading and actually make it work for a living. Just save the money and buy his course, but you must be part of the community since it adds HUGE value and you will learn even more in it.
You’re been a student for more than a year. You claim the course is good and people can make money from it. Prove the course is good by posting your brokerage statements (obviously with personal blanked) for the last few months.
 
He has a retail propfirm now, CFD,s with thinkmarkets based in Dubai I believe
 

Attachments

  • IMG_0550.png
    IMG_0550.png
    420.8 KB · Views: 22
Back
Top