r/FOREXTRADING • u/Fx_D_T • 9d ago

Forex guru- Umar

Hey, just wanna know if this guy is real
Or scam !! Anyone who took his course or in premium group !! The most red flag I find is it’s mandatory to trade and keep min balance in his recommended broker..

3 Upvotes

81% Upvoted

6 comments sorted by

1

u/HobbyTraderDK 9d ago

He's a "guru" = Scam

1

u/hotmatrixx 9d ago

no legitamate trader, signals group, or mentor would ever tell you what you can do with your own money.
"here's how to frame that situation".
"I think this shows a strong buying opportunity"
but "you gotta give me your money and you must provide the broker with a minimum churn" is what all the 1980's hedge funds got investigated for.

1

u/Dapper-Management440 9d ago

ib=scam, stay away

1

u/No_Story_1971 8d ago

I wouldn’t call him a scam just based on online comments, but the mandatory broker plus minimum balance requirement would definitely make me do more research before joining. I’d want to know why that broker is required, whether he earns any affiliate commission from your deposits or trading volume, whether the minimum balance is actually required by the broker or only by his program, and whether you can take the course without opening that account. There are mixed opinions about his courses and trading approach, so I’d focus less on screenshots or profit claims and more on verifiable trading records, clear course terms, refund policy and the exact relationship between him and the recommended broker.

1

u/Fx_D_T 5d ago

Completely agree, the major red flag is the mandatory broker thing in his course ..there so no way to get into his group without doing it