NV (Neerav Vadera) - VerifiedTrading G7FX Exposed

BennyFlippen

Recruit
Messages
3
Well... I am a customer of G7FX who paid a huge $1075 and I believed the hype around NV and how he was a trading legend but I decided to do my own research on his background.

Basically what i discovered is that none of the material or tools he uses and teaches are his. All of the work belongs to other people and it looks like he's making dollar off using other people's work and claiming ownership of it. Disappointing.

Now I'm not gonna say he is a cheap thieving scam artist who is trying to take advantage of inexperienced traders by pretending he has 16 years institutional trading experience.

Ima just lay out the facts as I discovered them and let all y'all can make your own minds up.

1) He said he worked 16 years Institutional Sell Side & Proprietary trading experience working with Hedge Funds, Central Banks & Private Clients, with 6 years at Barclays. You can actually look his history up here:

https://register.fca.org.uk/s/individual?id=003b000000KT7c7AAD

I looked those positions up, 3 years at Barclays and nothing else, and neither of those jobs look like Trader Jobs, they are "Client Advisor" jobs. See here:


Then, the "Institutional Trading" history trail goes a bit cold. He says in his instagram ads that after Barclays he traded at a top Prop Firm. There is no mention of who that top prop firm is anywhere. The only Prop firm on any of his track records is G7Capital - a firm he started (and presumably self-funded?).

Well G7 Cap didnt do great: https://i.imgur.com/qhxfOYI.png

But hey I could be wrong.

2) Then he shows up on Forex factory in 2013 until 2014/15 telling the world he is an institutional trader and knows what the big boys do.

So here he admits he has been going solo since 2008 but only managed to start trading consistently and generating income form around 2010. He also says he trades EXCLUSIVELY FX and they are the best markets. so from 2008- 2020 he has traded by himself??

If that is the case, then his 16 years of institutional trade experience must have began in 1992 and finished in 2008... So I guess he was a child prodigy?
On Forex Factory he trades all sorts of FX parings (https://i.imgur.com/1xqCQZD.jpg), unlike what he says today, which is only ever trade 1 FX pair an CL /ES.

His trading Style?: Elliot Wave : smh
==========


==========

Then around 2014/15 he disappears from Forex Factory until 2019/20 when he re-appears on instagram as this institutional legend. Trading OrderFlow, Volume Analyisis, the DOM and auction market theory.

Very fancy indeed! Since we can assume from Forex Factory at this point that his experience is not based on those concepts, one could summize that at MOST he has about 4-5 years experience in orderflow trading. But that would be speculation... let's move on to some more evidence and see what actual facts we can uncover.


First Component: the DOM - depth of market.

NV teaches how the dom works and shares his "CUSTOM MADE DOM LADDER" that he says he spent $$$$ on and is sharing it with us for free (why thanks!).

Watching this, I was very surprised to see that the DOM and NV's explanation of of the market mechanism is identical to how John Grady teaches it in his 2016 course "NO BS DAY TRADING".

John Grady even used the hypothetical "APPLES MARKET" to help students understand it in laymens terms, but NV seems to have changes it to "Banana Markets" just to freshen things up.


John Grady's Custom DOM vs Nv's 'Custom DOM': https://i.imgur.com/Mzs3joQ.jpg

There's more.

VOLUME: HE talks about he has developed over many years these custom volume charts based around developing value. Well I was very surprised to find that his "personally developed sierra custom volume chart" has the same identical source code as the charts that were developed by the guys at the private banker forum. In fact it IS the same chart that User @WWWINGMAN from leprivatebanker.com created and shared to the students. I looked up the source code in sierra chart and it is the same.

Here are the Private banker chart templates: https://leprivatebanker.com/wp-content/uploads/2015/06/charttmp02.png

VWAPS:
https://imgur.com/uoCR29Z
https://imgur.com/B70BMew


Interesting that the Private Banker's 2 key markets that they trade are ES And CL - Co-incidence?

So I thought I would sign up to the private banker forum and see if there was any similarity at all between what they teach and the G7FX program, because surely he wouldnt steal someone else's work... would he?

things such as "cumulative delta" and "value migration", "Line in the sand", "composites" - all in the private bankers 2013 program.

https://i.imgur.com/RiGMJVo.jpg
https://i.imgur.com/7eZBYl4.jpg
https://i.imgur.com/mWSpPMd.jpg
https://i.imgur.com/8TzYP1Z.jpg


===

Footprint Tool:

NV said it was custom made and he spent $$$$ to make it. It is actually the footprint from Order Flow Analytics:

https://i.imgur.com/farLGz4.jpg

Any current students should ask NV to provide the HTF VWAP training he originally removed so that they have the full material rather than the watered down version he is selling.

But wait! There's more:

====

Claim: He's the only 100% Fully Audited Trader Social Media. https://imgur.com/A2tGIDO

Let's do our own audit of his Myfx book shall we?

on the 8th April 2020 he took a "Live Trade" as part of the G7FX course. Of course he his account details, however when he hovered his mouse over the TP line we got a flash of his position size. That's all we need:

https://i.imgur.com/oeVRjoy.jpg

12.8 Pips Profit £4.77 GBP.

Here is the link to his myfx book for April: https://www.myfxbook.com/members/VerifiedTrading/g7fx/5471709

Go to page 7, 8th April and you will find his GBPJPY long trade 12.8 pips

I'm sure he will remove this link so I have taken the liberty of taking some screenshots:

Here is his Myfxbook for April: https://i.imgur.com/Mg6lxsx.jpg

Then Page 7, 8th April: https://i.imgur.com/iiJ8FZ3.jpg

I have located the same trade and it shows a profit of 0.4%.

So, lets do some simple math:

Account Size = £4.77 / 0.004 = £1,192.50

So this 100% fully auditied trader is selling his trading course and mentorship based on the stats of a £1k account on myfxbook.

lol

======

Finally, this isn't the first time he has been trying to run a trading scheme:
https://www.forexfactory.com/thread/465083-nv-trader-is-not-credible-ex-institutional-trader?page=6

https://i.imgur.com/zJ4WLk4.png

Funny hey? : https://i.imgur.com/4kR6usp.png

====

Now I'm not jumping to any conclusions here. I'll just leave the facts out here and you guys can all come to your own conclusions.

Personally, as a customer, I am disappointed. I want my money back and I think NV owes the whole community and explanation and apology and a mass refund to everyone, and if you can't get a refund file a chargeback with your bank while you still can.

Peace.
 

traderG.

Recruit
Messages
2
Since you left the same comment on a different thread, i would leave the same reply here.


''Well i don't usually do this kind of stuff like leaving reviews or leaving comments on the internet and forums and stuff but i had to create an account and do it on this thread. I can see you went a long way and spend a lot of time into digging deep on to this guys life. I will try and be as short as possible.i think is fair to leave my 2cents

Firstly i would like to say that you went a bit unrealistic about the stuff you have written on this thread.
AFTER you watched his videos you did "some digging" and you find out that he did not worked for that bank and actually he did not traded. You don't have to be fca registered if you not are involved in financial activities, he could been with the bank previous years and not registered as financial advisor and the fact you showed on one of the pictures that he only give financial advice, well of course you don't mess with peoples money ,is not like you have a mt4 platform in front of you loaded with 50-100-500 millions and you start placing orders LOL. You have a boss to report to, and he places the orders ..... That's why you called an advisor. I would recommend to everyone to go and visit a trading firm.
Regarding the templates he gave away , i'm pretty sure in fact i know that standard deviation , footprint chart,dom and other stuff are commonly used by thousands of people...so it may look the same ,maybe he inspired from others on colors and stuff, i don't know ,but is funny to compare your charts and tools with other people and you realize that they may look the same and you start making accusations,try google images maybe...i would just leave it there. Frankly i don't think you actually paid for his videos , you prob have them from someone for free or from pirate sites. You just trolling, watched a few videos and decided to create this thread full of nonsense.
Let's be realistic, only the hours and work that he put in making those videos worth some of the money he's asking.
If someone wants to learn the stuff by yourself from different sources...good luck, you may find some free material but you prob don't know where to start or where to end.
Only one thing i hate about this guy is the way he's using those small accounts to promote his business.Why he does it?? that's a mystery. I would love to know the answer to that. Is he a scam, definitely not. Did his videos helped me to develop further as a trader, definitely yes.
People using the word "SCAM" in situations like this probably don't know the meaning of it. Is not like you paid for a car and the guy run with the money, now that's a scam.
Anyway i would just leave it there, already spend way to much time writing this, but i had to, i think it's fair.

Good luck everyone''
end quote
 

FXT2121

Recruit
Messages
10
Since you left the same comment on a different thread, i would leave the same reply here.


''Well i don't usually do this kind of stuff like leaving reviews or leaving comments on the internet and forums and stuff but i had to create an account and do it on this thread. I can see you went a long way and spend a lot of time into digging deep on to this guys life. I will try and be as short as possible.i think is fair to leave my 2cents

Firstly i would like to say that you went a bit unrealistic about the stuff you have written on this thread.
AFTER you watched his videos you did "some digging" and you find out that he did not worked for that bank and actually he did not traded. You don't have to be fca registered if you not are involved in financial activities, he could been with the bank previous years and not registered as financial advisor and the fact you showed on one of the pictures that he only give financial advice, well of course you don't mess with peoples money ,is not like you have a mt4 platform in front of you loaded with 50-100-500 millions and you start placing orders LOL. You have a boss to report to, and he places the orders ..... That's why you called an advisor. I would recommend to everyone to go and visit a trading firm.
Regarding the templates he gave away , i'm pretty sure in fact i know that standard deviation , footprint chart,dom and other stuff are commonly used by thousands of people...so it may look the same ,maybe he inspired from others on colors and stuff, i don't know ,but is funny to compare your charts and tools with other people and you realize that they may look the same and you start making accusations,try google images maybe...i would just leave it there. Frankly i don't think you actually paid for his videos , you prob have them from someone for free or from pirate sites. You just trolling, watched a few videos and decided to create this thread full of nonsense.
Let's be realistic, only the hours and work that he put in making those videos worth some of the money he's asking.
If someone wants to learn the stuff by yourself from different sources...good luck, you may find some free material but you prob don't know where to start or where to end.
Only one thing i hate about this guy is the way he's using those small accounts to promote his business.Why he does it?? that's a mystery. I would love to know the answer to that. Is he a scam, definitely not. Did his videos helped me to develop further as a trader, definitely yes.
People using the word "SCAM" in situations like this probably don't know the meaning of it. Is not like you paid for a car and the guy run with the money, now that's a scam.
Anyway i would just leave it there, already spend way to much time writing this, but i had to, i think it's fair.

Good luck everyone''
end quote
Hi Neerav.
 

FXT2121

Recruit
Messages
10
Frankly i don't think you actually paid for his videos , you prob have them from someone for free or from pirate sites. You just trolling, watched a few videos and decided to create this thread full of nonsense.
Interestingly traderG, if you look at the screenshot BennyFlippen posted here ( ) you can see he is logged in to the platform and at the bottom it is written "Mark Incomplete / Continue" on the 2 buttons. So it looks to me like he is probably a genuine customer of G7FX and has actually logged into the program. Question is, are you?

Another thing on a sidenote: quite interesting if you look at some of NVforex's old tweets like this one:


You can see he is using Ninja Trader Platform and the Footprint Tool from OFA.

I don't know what the claims were about the G7FX Order flow tools and whether he claims to have custom made them. But here he is definitely is using the OFA Footprint in these early tweets.

Just thought I'd throw that out there to add to the discussion.
 

FxMaster

Lt. Colonel
Messages
10,113
Interestingly traderG, if you look at the screenshot BennyFlippen posted here ( ) you can see he is logged in to the platform and at the bottom it is written "Mark Incomplete / Continue" on the 2 buttons. So it looks to me like he is probably a genuine customer of G7FX and has actually logged into the program. Question is, are you?

Another thing on a sidenote: quite interesting if you look at some of NVforex's old tweets like this one:


You can see he is using Ninja Trader Platform and the Footprint Tool from OFA.

I don't know what the claims were about the G7FX Order flow tools and whether he claims to have custom made them. But here he is definitely is using the OFA Footprint in these early tweets.

Just thought I'd throw that out there to add to the discussion.
Can you go ahead and issue a formal invitation?
 

Tr4d3rJim

Recruit
Messages
1
Wow, this is amazing research! I saw an ad for G7FX and came upon this thread as I was doing background research on the company. This guy should shut his sideshow down ASAP because this 'Shady Biz LLC' has all the elements of a textbook case of fraud. It doesn't help that the evidence just screams fraud. If someone filed suit against this guy the case would end as soon as the judge took a look at this B.S.

The funny thing is, this joker probably thinks he can just hide behind his pathetic "risk disclosures." lol Good luck with that one buddy. No way in hell would someone lying this much get away with a boilerplate statement like that. Especially because he CLEARLY LIES about his (imaginary) credentials and his (ripped-off) intellectual property. Any of his students could just absolutely dunk on this guy in court if they took his advice and had it go badly.
 

FXT2121

Recruit
Messages
10
Well I'm going to stoke the fire a little bit more now. I started speaking to a few people and I have uncovered more evidence that supports the findings of BennyFlippin.

I won't make this a long post I think the shots below speak for themselves.

Firstly, have a watch of this:

View attachment dom.mp4

You can find another link to the video here: https://www.screencast.com/t/0R7E609hFmU4

Then, look at this conversation he had with another trade in May last year:

john grady 3.jpg

Share link here: https://www.screencast.com/t/1G9mxZRRPRcR



He was right about NV stealing John Grady's DoM stuff AND NV lying about using his Dom skills.

It must have been when he was working at that top level Prop firm nobody knows what it was called, but I'm sure that will come out sooner or later.
 

ManzilFX

Private, 1st Class
Messages
47
thanks for the review @BennyFlippen. I am sure reading this will save someone their hard earned

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

 

Adrianm

Recruit
Messages
1
I have done NV’s course

when using Sierra chart he uses the user deejaynv - this is a pretty uncommon username as I am sure you’ll agree.

mql5.com/en/users/deejaynv52787

https://www.forexpeacearmy.com/comm...-081-deejaynv1-vs-www-dgbwebdesign-com.21678/

Although I am unsure of the first link could be NV, I am CERTAIN that the second is. His dialect is exactly the same, he uses the same example within his course of a fruit and veg salesman.

this guy is a certi scammer
 
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