The Inner Circle Trader review: Is ICT a legit or scam forex trading mentor?

4.197 • 76 REVIEWS
Michael J. Huddleston
Updated: Feb 14, 2024
TheInnerCircleTrader.com

5 star the Inner Circle Trader review by Vin_7, New Zealand

I’ve been through ICT’s mentorship and I was just blown away after each video I watched. Michael talks a lot but if you can look pass that and try to understand everything he’s saying, and put in the time.. you will be successful as a forex trader, it’s almost guaranteed.
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What is the Inner Circle Trader?

The Inner Circle Trader or ICT is a private fourm and a popular trading YouTube channel created by Michael J. Huddleston.

Michael describes himself as "the Mentor of your Mentor." His trading mentorship and educational video materials date back to 2017. The Inner Circle teaches about price action, technical analysis, using patterns, scalping, session trading, swing trading, risk management, and psychology.

Please read Inner Circle Trader Reviews below and share experiences with this forex trading mentor.

4.197 • 76 REVIEWS

Recent User Reviews of The Inner Circle Trader

S
sekher79
Pune, India,
Jul 13, 2023,
Registered user

Love from India.

Service use: Other Length of use: over 1 Year
Love from India. I'm not FOREX trader but I follow ICT to adapt real core trading concepts in local markets. I personally and sincerely follow ICT in you tube and I spend daily 1-2 hours of his archival videos. Here is my review. Great teacher, mentor and motivational speaker so far I seen in Trading gurus. Not only his skills but his motivational speeches also well worthy and enlighten our long trading career dreams and help to achieve goals. After following ICT concepts, even I never believe myself out of 22 trading sessions I lost only 2 times that to with minimal SL. rest all trades closed with 10% profit of my principle amount.
Thank you ICT.
P
pattyloo
Wisconsin, USA,
Jul 11, 2023,
Registered user

ICT is saying out loud how the Big Boys make money

Service use: Live Length of use: 0-3 Months
The most important thing I have already gained from ICT's teaching is that I can 'stay in the trade' longer, because I don't second-guess whether it is 'going my way'. This limits the 'death by 1000 cuts' I was suffering by jumping out of losing trades, only to have them become profitable moments later. (I was providing liquidity to the smart money).

ICT is turning me into a 'smart money' trader, instead of their 'liquidity provider'.

I've only been watching ICT's free youtube videos for about 1 week. I've already learned about Fair-Value Gaps, Liquidity pools and very importantly, the key times to be checking the market. Wait, not checking, but the times of day you should use to plot the 'highs' and 'lows' on your chart as 'liquidity pools'.

I no longer try to get up at 1 or 2am to 'see if there's a good trade'. Instead, I just wait til morning, review the overnight (London) session, and plot the high/low appropriately. I would say that 3 out of 5 of the days I've been watching, price has gone back to the London High and/or the London Low during the NY session.

Like most of us, I couldn't wait to try out these techniques, but I did so very low risk. Not Forex, not Futures, but Options. When ICT theories indicated Bullishness, I sold a SPY 7DTE Put-Spread; when Bearish, I sold a Call-Spread. This provided a hedge, in case I was wrong on the market direction. But, each time, I was right (or if not right, I had time to wait for the market direction to change). With options, you also get the benefit of time decay, so when entering by 'selling' instead of buying, the options become cheaper to buy back at a later date.

Just a few days into the week, I started just buying a call when Bullish or buying a put when bearish. This uncapped my profit, which the spread structure was limiting. Again, all of the ICT theories I was using worked out fine. I even bought a few 0DTE calls yesterday, and at end of day, the market shot up and I made $80 on 3 calls. If I had been wrong, I would have lost my initial investment (but it was only about $49/call). BTW - that's one of the nuggets you'll learn in the early videos, about the end of day moves.

Overall, I grew my options account balance from $2100 to $4199 in only 7 trading days! That's a 2X folks! and all it cost me was maybe 24 hours or so of watching & rewatching the first 5 episodes of the 2022 Mentorship, which ICT has generously provided on his Free Youtube Channel.

Also, follow him on Twitter to see his daily comments and announcements for future videos and Twitter Spaces. He produces a lot of content!

Thanks so much, Mike!
1 trader has found this review helpful
A
Anonymous
Perth, Australia,
May 4, 2022,
Guest

Website abandoned?

Service use: Live Length of use: Have not used
There is no paid for mentorship available only links to youtube video's? Website abandoned?
F
FarkingMad
Illinois, USA,
Feb 16, 2022,
Registered user

My trading is next effin' level because of ICT

Service use: Live Length of use: over 1 Year
I've been watching ICT for two years now on YouTube. I finally had my "aha" moment as to what his concepts are teaching me. I can now trade with 100% certainty as to where the market will likely reach for. No one has been able to make me as good as seeing the markets for what they are as Michael has.

You must work hard, study your butt off, and take meticulous notes. But it will pay off.
4 traders have found this review helpful
J
Jav79
Rotterdam, Netherlands,
Jan 17, 2022,
Registered user

unfair first review am here to set the record straight

Service use: Live
I gave ict a unfair review the first time. I found many strategies that worked outside the ict realm but nothing compares. I had to re-watch the content to understand. My desire to make money out of the market were the walls preventing me from learning. ict concepts needs discipline hard work to understand the framework. Without it any one would get lost in the vast amount of information provided by ict. I'm honored to have learned. To the nay sayers... Every information which OB to use and which once to skip is given. If you understand the framework your mind will be at ease while analyzing the markets and opening your position. Michael is the best mentor out there.

Jul 2, 2020 - 1 Star My journey began 2014/15 when his materials were free. I believed all that was taught. Yet i felt i missed something and took 2018 mentorship. Before i took the mentorship i was in an ict group trying to solve the supposedly ict puzzle. And we agreed to join the mentorship and share our understanding and help each other. I quickly realized that in the weekly commentary ict always gave you two possibilities of the market direction which is the way he safes himself from bad calls. But at that time i didn't see through the false narrative just yet. At that time in my blind believe i was being taught to trade with the banks, so be still and let the master teach. When i finished the concepts i was as lost as i were before the Market Maker series. I had seasonal wins which in those moment i felt like a trading God cause i was trading with the smart money. But in the long term i realized that i had more losses than profits. Paid an extra 25USD to get the charter member material. Maybe it's in there. So it became obvious i was duped by mr ICT the trading God himself. Some part of me still wanted to believe but i quickly started to look around when i saw our ict study group were failing and i'm glad i did. I manage to get out of the box that ict puts you in. Cause that is what he does. he puts you in a box where he is the master where,you are wrong and he is right. You are being mind raped and still you are wrong. Break and retest beats every single one of ict concepts. Don't believe me? Backtest it. Don't waste your time with ict. You are believing in something that isn't there. Break and retest 4life from a former devoted ict believer.
2 traders have found this review helpful

Frequently Asked Questions

Is TheInnerCircleTrader a good company?

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What is TheInnerCircleTrader?

TheInnerCircleTrader is a Forex Education company founded by Michael J. Huddleston.

TheInnerCircleTrader offers mentorship services where traders can pay a monthly fee to learn trading knowledge from TheInnerCircleTrader.

How is TheInnerCircleTrader mentorship payment paid?

TheInnerCircleTrader mentorship is charged on a 12-month base. The payment can be paid through 12 installments.

Where is TheInnerCircleTrader located?

TheInnerCircleTrader is founded by Michael J. Huddleston from the United States.

Does TheInnerCircleTrader offer video courses?

Yes. TheInnerCircleTrader offers over 100 video courses.