Details
Established: | Unknown |
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Contact: | support@ltggoldrock.com, 1800 436 739 |
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Traders Reviews
They make plenty of false claims
Service use: Other
Apr 25, 2020 - No Rating As a current member of nearly three years. I can attest that after spending $8,000 plus dollars that I have not benefited at all.
The 'first' sales pitch about limited places in the initial webinar where he talks at great length about his vast riches as a 'professional currency trader' and the exceptional lifestyle of financial abundance. Secondly he then speaks of your earning potential as a professional currency trader. How this is achieved through 'passive income' or earning monies while you sleep due to time difference the markets are open in New York's Wall street etc. Thirdly he speaks of passing on his vast knowledge so that you can become 'one' of the 'chosen' few and enjoy a lifestyle of financial abundance by becoming a member. Fourth due to overwhelming demand we only have limited places left but for a small out of pocket expence of 'only' $199 as a 'Freedom member' the road to financial independence has begun. Andrew (AB) and his team will teach you 'everything' you need to know through a step- by-step process with no prior knowledge of currency trading required. AB is going to 'unlock' the secrets of this 'unbelievable' 'opportunity'. Thus, enhance your financial earning potential through currency trading and substantial 'passive income' available. This is the offer of a lifetime where this small initial investment now will reap big financial rewards in the longterm. Fifth but I am not willing to waste my time and my companies resources on people who are not willing to make a commitment (financial fee). If you are really serious then becoming a member (full lifetime member) then $6,000 payment required upfront. But (payment plans available) discount if you pay in -full have complete access to weekly FX Trading Room lessons and daily GoldRock Insider Reports. Sixth you must join and commit at least the initial $199.00 plus additional $6,000 by a specified date 'otherwise' you will miss out on the opportunity for 'lifetime membership' and will instead acrue annual membership fees Seventh, to prove that AB's methods can be replicated demonstrated by 'trader of the month' appears each month. Eighth , 'Share Smart' Varsity Lakes another elite membership training costs $3,000 up front with additional monthly fee of $70 plus. Ninth, full membes privilege to attend multiple bootcamps (seminars) these Master Classes usually last 3 days. The same 'sales ' pitch used as outlined above AB and his special guests on 'high probability training plan' how 'joining' (special guests members) teach skills about becoming a 'professional trader' and earn 'passive income' set you up for life free yourself from nine- to five- daily grind of working. Each particular bootcamp often has different special guests who are from foreign countries these overseas guests again offer a lifestyle of riches for a fee (to prove your commitment) so Training involves webinars. further monies usually between $2,000 -$5,000. I believe Andrew Barnett to be morally bankrupt at best. He entices members through misleading and predatory (false promise) and exaggerated claims.
Mixed feelings
Service use: Live
Length of use: over 1 Year
If the program began with teaching us 1 methodology well, then expand, the club membership would have been worth it. This was not the case, unfortunately. The LTG Gold Rock improved the structure of delivery, but I admit I've wasted some years by joining early, though the cost was about 60% of the current price, and a small amount of money. Andrew Barnett is a very good facilitator and presenter. I am puzzled by a huge difference in ratings between Trust Pilot and Forex Peace army. Here it's all bad. (??)

LTG GoldRock
No System -- No consistency - Waste of money
AB is MORE interested in promoting himself on social media than he is in looking after paid members.
If you are interested in LTG -- save your money and follow AB on social media -- you get it all for nothing.
I paid $5000 ---- and now the latest grab for money is to charge extra for everything --which in most cases is regurgitating what I have already paid for,
There are MANY cheaper and far BETTER options available -- Don't waste your money here
TOTAL SCAM!
claim to have a system what gives 2 trades signals each day and only 2% of your account to protect from risk. If everyone is using the same risk management and doing the same 2 trades why do you claim some are making 100% and others 10% a month? it would be the same %... ohh wait because it's made up!! they ask for more and more money and dont each anything you cant find for free on youtube. Dont waste your money, total scam!!
Scam
You shouldnt waist your money on them. I am sure there is better out there and for a lot less money.
I recently spoke to an ex senior member of Gold Rock who said that the owner of go markets recently purchased LTG.
Funny how gold rock is now saying i have to open an account with go markets. I guess they're not making enough money and need more in rebates. Just dont let anyone from gold rock trade on your account as the trades will be going straight into go markets back pocket.
surely the regulator will put a stop to this soon
If you follow Andrew Barnett's Wave 5 trading strategy it works. Most people fall down because they don't follow the rules and/or invest too much money.
Try investing 0.5% of your capital per trade (max 4 trades at a time) and you'll see changes.
Also aim for a 200% profit over your anticipated stop loss and trade the 4hr and daily charts to avoid market fluctuations.
Don't blame the company for your mistakes; blame yourself for not being disciplined.
The LTG Goldrock Facebook site is also a great place to get news updates.
Success to your future and stick with it.
2010-06-17 2StarI've been trading with LTG for nearly 12 months and they lose more often than they win. To date I have lost over $14,000 trading the LTG way. I've heard YTR (Your Trading Room) is similar to LTG but have a much better success rate. Save your money and invest in something better.
Frequently Asked Questions
What is LTG GoldRock?
LTG GoldRock stands for Live Trader Global Gold Rock, is an online education platform.
LTG GoldRock provides learning courses for trading leveraged products such as forex, stocks.
Is LTG GoldRock a good forex education company?
Unbiased users reviews on ForexPeaceArmy is the best way to answer if LTG GoldRock is a good forex training company. https://www.forexpeacearmy.com/forex-reviews/5944/ltggoldrock.com-forex-education
Please come back often as reviews get updated and added by users from time to time.
Additionally, we'd recommend to check recent LTG GoldRock community discussions: https://www.forexpeacearmy.com/community/tags/ltggoldrock/
Is LTG GoldRock regulated?
LTG GoldRock is regulated by the Australian Securities and Investments Commission (ASIC) under license number AFSL 286510.
Old fashioned waste of time
Service use: Live
Length of use: over 1 Year
Whist I admired the two mentors I had and believe their hearts were in the right place, their philosophy is based on false premeses.
They firmly believe that the Forex market is random and that Trend Lines, 'support and resistance' MACD, Stochastics etc have value.
It was when I discovered that these concepts are meaningless that I began to make money.
For three years I studied my heart out. I did nightly seminars, weekend training camps. All for nought. I cannot recommend this company.