The Forex Trading Coach Review: A Real Analysis of Andrew Mitchem’s FX Education
Looking to dive into the world of forex trading? You may have heard about The Forex Trading Coach, a program led by Andrew Mitchem. Let’s cut through the noise and explore what this platform is all about. Keep reading our The Forex Trading Coach review for more!
General information | |
Name | The Forex Trading Coach |
Type of company | Trading Education |
Regulation status | Unregulated/Not expected |
Warnings from Financial Regulators | No official warnings |
Website link | https://theforextradingcoach.com/ |
Active since | 2015 |
Registered in | 54 Glen Road, RD 1, Nelson, New Zealand, 7071 |
Contact info | [email protected], [email protected] |
Trading platforms | Web |
Majority of clients are from | United States, Australia, United Kingdom, India, Canada |
Customer support | Email and contact form |
Compensation fund | No |
Getting to Know The Forex Trading Coach
So, The Forex Trading Coach claims to be your golden ticket to mastering the forex market. Established back in 2009, this online trading education outfit calls Nelson, New Zealand, home.
Andrew Mitchem is the brains behind it. He apparently went from dairy farmer to forex expert. Now, they’re selling the dream – offering training programs, online courses, and one-to-one coaching sessions.
They’re pitching this idea that you can rake in a solid monthly income with just 30 minutes a day and virtually zero risk. But, let’s not start applauding just yet! After all, we’re here to see if this is the real deal or just another sales pitch.
What’s in the Educational Mix?
So, what do you get when you sign up? The Forex Trading Coach throws a bunch of educational stuff at you – technical analysis, fundamental analysis, risk management, and a dash of trading psychology.
Andrew Mitchem explains things in a way that won’t make your head spin, which is a plus. But, we do believe there may be better options out there in terms of trading education. Their UI is terrible and not professional.
Personalized Coaching
One standout feature is the personalized coaching by the main person here, Andrew Mitchem. You get one-to-one coaching sessions, tailor-made to guide you through your trading strategies.
It’s a nice touch, but let’s not get too starry-eyed. There could be other platforms that offer something even better.
Live Trading Webinars and the Forum
Upon joining, you will be able to participate in live trading webinars as well as participate in discussions on the forum. We like this part.
It’s all about sharing experiences and getting insights in real time. Sounds interesting, right? But, again, other platforms might offer similar or better perks.
Trade Copier Service
Now, here’s an interesting one – the trade copier service. What is there to know about this special feature? We can see it lets you copy Andrew Mitchem’s trades automatically. Sounds convenient, especially if you’re not into the nitty-gritty of trading.
But, know there’s always a risk. Trading signals aren’t foolproof, so always proceed with caution.
Risk Management
Andrew Mitchem hammers home the importance of risk management. It’s about setting stop-loss orders, managing trade sizes, and not blowing up your account. All of these are interesting moves, we must say.
Yet, let’s keep it real – this is standard stuff you’ll find in the most reliable trading education companies.
Choose Your Trading Style
This education company doesn’t push a specific trading style. They give you a number of strategies, letting you find your groove.
Whether you’re into scalping, day trading, or swinging, they’ve got something for you. We can see it’s a nice flexibility, but again, it’s nothing groundbreaking.
Note: We noticed that many people were searching for ‘The Forex Trading Coach free download.’ You can download their free ebook and a risk calculator.
Online Flexibility
We can see that the entire process is conducted online. This means you can access it whenever you want. Videos, webinars, and forums are open 24/7.
Sounds good for flexibility, but it does not impress us. This platform still lacks credibility in our opinion.
Tip: Blueberry Markets is reliable with its ASIC license, ensuring safety for Australian clients. However, we can see that international clients face a downside. Namely, the VFSC regulation from Vanuatu may not match ASIC’s quality and security.
Trustpilot Reviews: The Missing Link
Let’s dig into Trustpilot for a moment. Are there any The Forex Trading Coach reviews? Interestingly, this company is nowhere to be found. No ratings, no reviews.
It leaves you wondering, right? When it comes to choosing where to learn about trading, transparency matters. Our advice? Opt for platforms and brokers with a solid Trustpilot track record, ideally 4.5 stars and up. It’s a safer bet when you’re investing your time and money learning the ropes of trading.
Note: If you are looking for independent proprietary trading services, We Fund Traders may be the firm for you. This UK-based firm deals with stock, commodity, and forex trading.
The Importance of Safety in Trading Education
Safety plays a massive role when it comes to trading education platforms. Creating a safe and secure environment is a must for everyone’s well-being. In the trading education world, safety covers a bunch of things. For instance, keeping sensitive info locked down, making sure the platform is rock-solid and reliable, and keeping out any unwelcome intruders.
Keep in mind that a safe trading platform isn’t just a shield against potential risks. It’s also a confidence booster. Building trust is key for these platforms to work smoothly. That’s why safety should be right at the top of the list for these trading platforms.
Reminder: The Forex Trading Coach PDF ebook is available for download on their web page.
Boost Your Earnings with Online Trading
Ready to turn those trades into cash? Making money through online trading is more achievable than ever. We’re here for you every step of the way. Reach out for free consultations and expert advice on top-notch trading platforms.
Also, we have exciting news. Our latest offering, proprietary trading, takes the spotlight. Join our proprietary trading firm for a chance to pocket up to $180,000. It’s an opportunity to elevate both your trading game and financial journey.
Final Words
Finally, we have provided a full overview of the services offered by The Forex Trading Coach. From training programs to personalized coaching, they’ve got the basics covered. Still, as we navigate the trading landscape, being discerning is key.
Explore options wisely and steer clear of shady firms. Besides, there’s something exciting on our end – our proprietary trading firm, a compelling alternative where clients can potentially earn up to $180,000. It’s an offer indeed worth considering in your trading endeavors!
FAQ
How Much Does The Forex Trading Coach Cost?
Costs vary. Some courses can go up to $7997.
Is The Forex Trading Coach Worth It?
Depends on your needs. We suggest exploring alternatives for potential better fits.
Can I Learn How to Trade Forex With The Forex Trading Coach?
Yes. But there are many other companies with better features.