G7FX Review – Barclays Background But Still Not Reputable
The creator and owner of this program is Neerav Vadera, an Indian with a current address in London, UK. With his prior trading experience, he wanted to build a course for traders and collect the money for what he was studying for.
Yet, many traders found these services to be scamming. But if you think about it, if he was such a good trader, why didn’t he do it himself? Find out all the details in this G7FX review.
|Trading education company
|G7 GRP LTD
|Financial Authorities Warnings
|No official warnings
|If a withdrawal is possible
|Depending on the brokerage
|If Active on Social Media:
|Yes – Facebook, Twitter, LinkedIn, YouTube
|United States, United Kingdom, Australia, Canada, Romania
|Lack of transparency; many traders reporting it’s a scam;
|Ex Barclays Employee
Legan Information: Where Is G7FX Based
Even though the LinkedIn profile reveals Neerav is allegedly based in the UK, that’s not necessarily true for the company. In fact, this company is anonymous, like any offshore scam broker. They briefly mention in the T&Cs that the ownership belongs to G7 GRP LTD. Yet, headquarters information is not revealed.
Since the company is not offering financial services of any kind, they don’t need regulations. But keep in mind that the brokers you will be using to practice what you learned need to have Tier 1 licenses. Otherwise, you might end up scammed.
What Does G7FX Offer?
One of the things that might attract anyone is the G7FX free trading course. However, once you apply for these free features, you see these are included in the paid package. There are two packages available with G7FX company:
- Foundation course
- Pro Course
But once you want to go to the payment, you realize these courses can’t be separated. Instead, you are tricked through G7FX free training ads to apply for both courses. So, you have to pay a hefty 1.498 GBP for this education. If we can call it a benefit, you can pay it in three monthly installments of 519 GBP.
What Other Traders Think Of These Courses?
Overall, the Trustpilot G7FX trading review seems quite positive to us. Out of 453 comments, almost 95% are positive. However, as with any other company, you will also see negative comments. But these negative ones wouldn’t exist without a reason.
After all, there are many places where you can see some negative reviews. If there’s no G7FX Trustpilot, you could see it in Reddit posts. Consequently, experienced traders very often skip such details. But inexperienced traders can easily fall for fairy tales. But if you check our QuantConnect review, you will see why you should also avoid algo-trading software.
Who Are G7FX Customers?
According to research, their customers are mainly coming from strictly regulated countries. Every single one of these has top-tier licensed brokerages that offer far more reliable education. On top of that, you are not paying them for education. Instead, you are implementing it directly on your trading account. These countries are:
- United States
- United Kingdom
What Payment Methods Are Available?
As can be seen, this website accepts the most trusted payment solutions, such as Visa, MasterCard, and American Express. These are most likely processed through Stripe or Discover, depending on your payment option choice.
On the positive side, there is a 30-day money-back guarantee for any G7FX course. However, there is also a catch. If you have watched more than the first module, this option is not available. Since some material is downloadable, it remains a mystery how they know if you have passed that module. Anyway, there’s room for manipulation. Luckily, you can always apply for a chargeback if you have trouble.
Contact Options And Support
Apparently, they offer the best support in the industry. However, only for their members. Which is not a way the company should operate. Practically, they are telling you that you are not worth their time if you are not purchasing the G7FX trading course.
On top of that, those support features are quite mysterious. They don’t reveal what channels they are using. Yet, regular website visitors have only email as the contact option.
General Conclusion: Is It Worth It?
To sum it up, no. If you are going to pay 1.5k GBP for video lessons, it’s not worth it. Especially with a bunch of traders sharing their strategies and tactics on YouTube. Even Neervan Vadera is present on this platform with almost 40k followers.
All in all, you should stop wasting precious time and money. Start trading with Tier 1 licensed brokers and find adequate AI Tools to help you with the strategies. It’s far more efficient, and less pressure sits on your back. Get in touch with our specialists today and find out all the benefits of AI Analysis Tool. We also invite you to check our Cryptohopper review and see more about crypto trading bots.
How Can I Make Money While Trading Online?
One of the key things in trading nowadays is safety and knowledge. One doesn’t go without another. Primarily, you have to find a broker you can trust. But then, you have to build knowledge and strategies to be profitable. After all, we are all into trading for one thing – money. Thus, with G7FX company, it seems you will just be throwing money away.
With the expansion of AI tools, traders have tried many. But very few were satisfying for them. For this reason, we will introduce you to the AI Analysis Tool. It can help you analyze the market like a professional and forecast market movements. It’s not auto-trading software that will give you random signals and lose all of your money. No.
Many traders are sick of pressure from their agents, manipulative platforms, and trading signals. But once you try the AI Analysis Tool, you’ll find your safe place. Contact us and see the full benefits of using this technology. Book your first free meeting with our team today!
Is G7FX Training Legit?
As can be seen, no. Many traders reported various manipulations through the G7FX offers.
What is G7FX?
G7FX is a Forex and CFD trading educational platform offering specific courses for traders.
Who is Neerav Vadera?
Neerav Vadera is an ex-Barclays employee and Institutional Forex/Futures trader for 16 years.