ForexMentor.com Review

3.813 • 96 REVIEWS
Peter Bain
Updated: Feb 2, 2024
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3.813 • 96 REVIEWS

Recent User Reviews of ForexMentor.com

C
Clever4xTrader
Home, USA,
May 25, 2021,
Registered user

Forex Mentor is not the best course out there for sure.

Service use: Live Length of use: over 1 Year
Trading needs to be simple, and with all the indicators, MACD, pivot lines, trading the London open, this class is just not simple. He doesn't put any effort into in-depth money management, and this is the lifeblood of trading approach.

Sure he works hard, but his training is not for most people, and you will have to work out your own mindset and money management rules to make his system work.

Furthermore...

According to him, he has about 1 loss a year, let me tell you if I had a system that had 1 loss a year I wouldn't be teaching some class over the net about how the hell it works.

I'm calling shenanigans for the Forex Mentor system, I never use anything I learned for this class in my trading today.
T
thirdchance
Caloundra, Australia,
Oct 21, 2019,
Registered user

Totally satisfied with the training

Service use: Live Length of use: 3-6 Months
I have been trading forex for many years. The Simple 1-2-3 Forex Trader (S123) is the best system I have used so I have deleted my other systems. I have a high win rate and my account balance is increasing. The system developer releases a playbook video before the London session and shows a detailed analysis of various currency pairs. He shows his live trading account often. There are lots of videos showing past trades and past webinars. Sometimes, members post their charts in the trading lounge on Skype.
J
Jilian
Toronto, Canada,
Sep 3, 2019,
Registered user

Steer clear of these Scammers!

Service use: Live Length of use: 0-3 Months
Steer clear of these sneaky cunning scammers! All they care about it selling their shady courses like S123 at a monthly cost for weavecalc which is simple fib extension but of course new traders would not know this. They would be fooled in to thinking there was something special about this wavecalc thing that gives them an edge. Forexmentor has stooped to new lows. ACAT was London Close trade but hey lets create a new course and call is something else. I am gobsmacked at the arrogance of them all!
W
W
L, USA,
Jul 31, 2019,
Guest

scam

Service use: Other Length of use: Have not used
THESE PEOPLE DO NOTHING BUT SELL CLASSES THEY JUMP FROM SYSTEM TO SYSTEM STAY AWAY!
R
Ryang123
NJ, USA,
Dec 5, 2018,
Registered user

Real coaches and real honest teaching

I'm a new student with Vic and Darko from Coaches Corner. So far I'm very impressed with the value that you get for $150/mo. The videos are really well done and the amount they have is almost over whelming. A Skype chat room with instant feedback from Vic and Darko themselves? Who does that for that kind of money?? It's real coaching. You get real traders showing you techniques that have worked for years. I bought the London Close strat years back and had lots of success with it but my schedule doesn't allow me to trade that anymore so I need to switch it up. This is what led me to CC and I'm so far very happy I made the choice. If I had to make one complaint, it would be the mapping of the training videos. There is no real set course to watch the videos or what order. However, thats not what it's all about so it's not even super important. This is really more of a day by day coaching which is several levels above just giving you a video to learn on your own. This is real "here is how it's done" coaching, IMHO.
J
jon
edgebaston, United Kingdom,
Sep 21, 2017,
Guest

Mustn'y be trusted - always hopping systems and strategies

Mustn't be trusted.

Forexmentor as a whole have chashed and burned as far as quality is concerned.
Most of what they do is rehash. Peter Bain especially keeps hopping from system to system always saying that the newest system he's pushing is the best.
Buyer Beware.
Also you dont get to keep your course and it stays on their server. what Happens if they go bust? You've lost everything. Bad Bad Bad!
L
Laszlo
London, United Kingdom,
Jul 5, 2014,
Guest

This is a review of the Forexmentor Live service with Ben Nathan. Ben runs the trading room which is just one service under the Forexmentor umbrella. This particular service consist of some trading lessons needed to understand the methodology and the trades published in the trading room throughout the day. Very easy to understand, simple rules which Ben patiently explains again if needed. He goes through all the watched pairs in the trading room, publishes setups and gives the recommendation for stoploss and take profit levels as well. So all we have to do is to enter those values into the trading platform-easy. This is the beauty of this method, even if you cannot spend the whole day glued to your monitor you can still profit from this type of service. It's a great way to learn and make some profit as well at the same time. It isn't a get-rich-quick scheme but risk is low and controlled. Highly recommended.
B
ben de jong
queensland, Australia,
Jul 4, 2014,
Guest

I joined Forexmentor Live with Ben Nathan about 5 months ago and have found it an excellent service so far.Ben teaches a simple and consistent trading system with excellent money management.He covers the London and New York trading sessions and posts all set ups on his website.Emails are also sent.Ben is also very accessible for questions and concerns and trades the same set-ups on his own accounts. An accurate record of all trades are kept.You can't ask for more than this.! My account is growing consistently-at last!!!
M
MKUK
, United Kingdom,
Jul 2, 2014,
Guest

I stumbled across Forexmentor in 2006 and wrote a review then. Seeing some of the negative reviews here, I thought it only right to add something positive again, about one of the Forexmentors: Ben Nathan of Forexmentor Live.

I’ve known Ben for a long time and have no hesitation in vouching for him. He is one of the most disciplined traders that I’ve come across, in my 10+ years of trading forex. He is an extremely committed trader, with a solid trading plan and he’s a great teacher as well. Ben is one of the rare genuine mentors in a world of forex crooks. Newbies and experienced traders alike will gain much from his trading room.

I don't know all of the Forexmentor folk but it must be said that there are some great people there and Ben is very much one of them.

2006-08-04 4 Stars I would recommend any Forex Newbie (excuse the term) to invest in a Peter Bain course. KISS approach to trading that works. His daily updates are good - especially the input and trading ideas from his subscribers. Peter is a likable bloke who demonstrates a genuine desire to help traders succeed. My only reservation is that he is always promoting an extra service or workshop for lots of bucks - which seems like avarice. Peter - why not bundle everything for an affordable price?
M
Michael
NJ, USA,
Jun 30, 2014,
Guest

The work of Peter Bain and Forexmentor.com are the original legitimate training in how to trade Forex. They are the best of only a handful of training in how to trade that I consider legitimate. One of the more useful features is their trade room, Forexmentor Live. Currently run by Ben Nathan, the room focusses on day trading the London and New York sessions analyzing fractals.....a robust and common sense way to read price action. Like any legitimate trade method, this involves identifying trends, entering markets on pullbacks or lulls on lower time frames and managing trades in real time. Nathan's method using fractals is particularly easy to grasp and based on time tested methods that work. Learning the technique is one thing but doing the technique day after day along with Nathan is an effective way to get good at it.