20 Jun Forex Mentor Pro 2.0 Review
Forex Mentor Pro is something almost completely unique in the world of Foreign Exchange trading and mentoring. It is first and foremost a mentoring service and secondly a trading indicator service. In fact they plainly state at Forex Mentor Pro that they do not give tips on Forex trading, but rather they teach how to analyze and trade these exciting markets that practically never sleep for yourself. There are other legendary educators and mentors in the world of foreign exchange teaching and trading, such as Russ Horn and three year winning world Forex champion teacher, mentor, and master trader Toskho Raychev.
Something that sets this service (which arose in 2008) apart from the other leading competitors in the space is the fact that they do not feature only one guru as with most systems, but three masters with their service. More to the point, each of the three Forex gurus with their service has his own proprietary trading system, which means that technically, you are getting three different and unique Forex trading methods for the price of one with this service whose mission is to “teach people how to trade Forex for a living.”
Who Is Behind Forex Mentor Pro?
Forex Mentor Pro is unusual in that it has not simply one, but three different people behind it. We will consider the founder Marc Walton as well as his two other disciple trader, teacher, and mentor associates next.
The founder of Forex Mentor Pro turns out to be the fund manager and full time trader Marc Walton. Obviously Marc is doing well at this, as he makes his permanent home in the sunny Spanish owned Canary Islands. Marc created his own proprietary Forex trading method the M2 Trading System which we will consider in greater detail later. He has taught literally thousands of traders how to successfully do Forex since the year 2008. Walton is justifiably proud of his consistent five star reviews for his service found throughout the independent review space across the Internet. It is the high quality of his (and his other two gurus’) mentoring that clients consistently praise.
Pierre Du Plessis
Pierre Du Plessis has a story that is a testimony to the effectiveness of the Forex Mentor Pro service. He began his career as an FMP student. After studying and learning how to trade successfully in Forex full time using the system from his residence in South Africa, he became a mentor and teacher of the service. Pierre’s biggest claim to fame is that he created his own proprietary Earth and Sky Trading Software and System. He teaches this to any interested clients of the service in several formats. Members consistently give rave review to Pierre’s helpful mentoring in the Member’s Forum section of the members-only site. He prides himself on answering questions of all kinds in a cheerful and fun manner unique to Pierre.
Omar is yet another shining success story for Marc Walton and company. He was a member long term who evolved into a professional trader thanks to the effective coaching and mentoring of the service. He has a down to earth ability to clearly convey his Forex analysis in a manner that is both easy to understand and fun to learn. Omar claims to really love working as a Forex tutor. He also teaches and trades the Fotix Trading System about which he gladly shares and teaches to the Forex Mentor Pro membership.
What is Forex Mentor Pro? Is it a Scam?
In short: it is NOT a scam. Forex Mentor Pro claims to have helped over 6,478 traders of Forex from literally across the globe who were struggling to make money at profitable trades. This is not so hard to believe when they have over 60,500 Twitter followers. The numbers of reviews they have from members claiming to live across the Forex trading countries of the world ranging from Australia to South Africa to the United Kingdom back these impressive claims up.
Forex Mentor Pro also has the backing of legitimacy-granting ClickBank running their membership and refund policy for them. No one argues with the fact that ClickBank is the international market-leading company for membership administration and management.
This translates to your knowing with confidence that the unconditional 30 day money back guarantee for the mentoring service and trading systems is fully legitimate. Thanks to ClickBank guaranteeing and providing for any refund requests with their pledge of 100 percent satisfaction or a full money back refund you can have confidence in trying out the highly recommended service for the offered 30 days trial period.
ClickBank is the trusted retailer for Forex Mentor Pro
The only complaint we have with this is that many competing services offer a 60 day refund period. Still, with the 30 days you will know if their mentoring service provides enough value for price for your personal situation or not. In the end, trying out this well-reviewed service only costs you the time to experiment with their methods and recommended trades. The service recommends that you either paper trade or live demo account trade the calls until you are comfortable with their methods and results.
What Forex Mentor Pro Is Not
You should know that Forex Mentor Pro is not at all an automated signal generating or auto trading robot. The system purveyors even go so far as to claim that they do not provide trading tips (mostly for legal disclaimer purposes as they are not registered investment advisors of any kind). They are selling you mentoring services to teach you how to trade for yourself.
You will be required to manually enter any and all of your own trades on your own Forex platform with a registered Forex broker. They do offer recommendations for several high-quality and affordable brokers, but they do not provide any of these services or auto trading capabilities with their website.
What Sets Forex Mentor Pro Apart From Other Products?
Forex Mentor Pro’s most unique feature centers on their three teaching and trading gurus. It also is distinctive in that it offers fully three separate proprietary and unique trading systems to you. Though they do not have a host of awards and accolades like some of their competitors in the space, nor even an impressive “as seen on” range of physical and/or online media outlets to detail, the over 60,000 individual Twitter followers statistic of the founder Marc Walton is hard to contest. The service is relying on the impressive consistently five star reviews of the more than 6,000 past and present clients as the only award or accolade about which they seem to care.
Who Is This Forex Mentor Pro System Specifically Designed For?
Forex Mentor Pro is really best designed for beginners, thought they claim that the service is practical for every level of trader in the world of Foreign Exchange. Proof of the market segment they are targeting you can find in their Forex Foundation Video Course which they are pushing as a key component of the service. This claims that no Forex trading experience or background knowledge is necessary at all. The service also insists that some of their new members already have considerable Forex trading history and only want to improve their skills.
This may be true that they cater to traders of many skill levels, but the video course is certainly geared towards complete novices in this type of trading. It specifically teaches skills as simple as setting up a new trading station and beginners’ level technical analysis. There are also more advanced concepts taught later in the video series.
What You Receive With Forex Mentor Pro
The Forex Mentor Pro package includes all of the following with it:
- The Forex Foundation Video Course
- Three Trading Systems taught by three mentoring teachers
- The private members-only forum
- Online access to all members-only sections of the service
- Guru-led daily help (and team member provided technical support) as requested and necessary
Forex Mentor Pro members really love the personalized attention they receive. This is hard to argue with, as they are providing not only the founding guru Marc Walton’s hands on training and help, but also his two best students turned gurus active involvement in the trading, teaching, and mentoring processes.
How Forex Mentor Pro Works
Forex Mentor Pro is utilizing not one or two, but three different trading systems which they promise to teach you when you join (as you are ready). These are their:
- M2 Trading System
- Earth & Sky Trading System
- Fotis Trigger System
We will cover them in more detail next.
M2 Trading System
For those of you who insist on trading the system of the founding senior guru, this is the one that Marc Walton himself created and patented. The service calls this the best method for those who are working a day job and who have only a little time to trade and manage their trades throughout the FX trading week.
The membership includes all of the necessary software required to trade this system. More importantly, the mentors go through the optimal trade possibilities and setups before they happen in daily advance sessions for what they want to trade and the reasoning behind it. This system focuses on their so-called “trading traps” that allow you to enter trades in high probability Forex currency pairs. Marc’s focus with this system is to help you to set up your trades for the week by going through the analysis with you on the weekend and then showing you how to put in your trade orders and manage them with only several minutes worth of time per day.
This system includes a step by step methodology course that teaches you how to read the charts. The method is clearly explained along with literally dozens of real world examples and trade setups.
Earth & Sky Trading System (4 Hour charts)
The proprietary system developed by guru Pierre du Plessis primarily focuses on the 4 hour candle closes. Pierre has put thousands of hours worth of testing into this unique trading method. The trading method requires the ability to check the charts for a couple of minutes each four hours period in the trading day. It is actually a swing trading and trend trading method that relies on pivots, fibs, and indicators along with particular moving averages to help successfully forecast the swing points in the various FX pairs with incredible accuracy.
This trading system comes with Pierre’s proprietary software that works not only when markets are trending strongly in one direction or the other but also when they are range trading. Part of his trade confirmation system includes the dollar index and the euro index, both of which he shows you how to utilize for extra confidence and reliability.
Like with Marc’s proprietary system, Pierre teaches this system in a video course. Since he is running the members only forum, it is easy for you to pick his brain on the spot when you are in need of guru support. The service brags about how rare it is for you to be able to consult (on demand) with the creator of a Forex system at the price this service charges. They do have a valid point with this observation.
FMP Fotis Trigger System (1 hour strategy)
In this final system the Fotis Trigger, it works out best for those traders who have both the passion for and the real time to trade. The system is ideal for capturing trades in trending pairs. It excels at laser guiding you to entries, targets, and stops. One of the great advantages to the system is that it also warns you when you should avoid placing any trades. This is how it effectively decreases the quantities of trades which turn out to be losers.
This system again provides you with a download of the software as well as a course that goes through the necessary steps to correctly utilize it. The creator provides you with a range of recent and current live trading sessions in which you can see how the system performs live in the real trading world.
On the rest of this page, we will briefly go through the various components and costs of the Forex Mentor Pro mentoring and trading service.
Forex Mentor Pro Offerings
Forex Mentor Pro provides you with fully three FX trading products in one and a range of services which include all of the following:
- Forex Mentor Pro Daily Video Analysis and Market Analysis Mentoring and Coaching
- Three Trading Systems and Proprietary Market Indicators
- Forex Mentor Pro “Forex Foundation” Video Training Course
- Private forum access for members only
- Email Customer Service and Technical Support
You get unlimited and unrestricted access to the Forex Mentor Pro private members area with your monthly membership subscription, which covers all of the services in this graphic:
Forex Mentor Pro Cost and Refund Policies
The Forex Mentor Pro system costs $47 every month. This amounts to a very reasonable (for the industry) $564 per year. They also provide a discount for prepaying for the year that allows you to subscribe for only $16.40 per month, or $197 per year. This represents a generous 65 percent discount, which is fantastic for a year prepayment offer. The site warns that they will only make this prepayment discount available at the original time of sign up. There are members (in their testimonials on various review websites) who talk about some occasional special offers of $300 for lifetime memberships, though that could not be independently verified at time of publication.
The best part of all is that you really do have nothing to lose, thanks entirely to the ClickBank-backed guarantee of an on-request and no-questions asked 30 days, 100 percent refund cancellation policy. This allows you to try out their highly member reviewed and well-regarded mentoring, teaching, and trading system service for as long as one month without any downside risk.
Final Take Away – Cost Versus Value of Forex Mentor Pro
It is hard not to be impressed with this service on so many levels. At $47 per month, the price is incredibly reasonable, especially for those who are willing to prepay for a year in advance for only $197 for the entire year. For this, you are getting three different teachers and gurus with three different fully functioning systems plus bi-weekly video-based analysis of the forex world, markets, and currency trading pair setups. But this is only the beginning of what Forex Mentor Pro 2.0 provides.
Members consistently rave about the high-quality of their teaching, training, analysis, mentoring, and everyday provided advice. Pierre has his own corner in the members only private forum where he is interacting with you in an on demand capacity as the creator and designer of one of the three systems. He quickly answers questions which you post.
The service delivers as many as three blogs (which are comprehensive in nature) each week. They are looking ahead to the trade setups for the week with these blogs, and not merely summarizing last week’s action. With consistent customer reviews stating that the content is clear, easy to understand, and spot-on, it is hard to not believe that these three gurus led by Marc Walton really do know their business inside and out. Exceptional proprietary systems, software, and training for these systems round out a real gem in the world of Forex training and trading.
• Two of the three proprietary systems which the service offers were invented by the gurus.
• You get the benefit of three gurus' experience, not simply one as with most competitors.
• The service is really big on education and video training courses.
• Every day mentoring sessions and bi-weekly video analyses provide terrific insight into the markets.
• The system includes a 30 day, 100% full money back guarantee provided by industry-leader ClickBank.
• The service benefits new Forex traders more than experienced ones.
It is hard not to be impressed with this service on so many levels. At $47 per month, the price is incredibly reasonable, especially for those who are willing to prepay for a year in advance for only $197 for the entire year. For this, you are getting three different teachers and gurus with three different fully functioning systems plus bi-weekly video-based analysis of the forex world, markets, and currency trading pair setups. Members consistently rave about the high-quality of their teaching, training, analysis, mentoring, and everyday provided advice. With consistent customer reviews stating that the content is clear, easy to understand, and spot-on, it is hard to not believe that these three gurus led by Marc Walton really do know their business inside and out. Exceptional proprietary systems, software, and training for these systems round out a real gem in the world of Forex training and trading.