Forex Gurus are SCAMMING you by FAKING their MT4. Here's How:
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- เผยแพร่เมื่อ 25 พ.ค. 2022
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A moment of silence for all the newbies that thought those big numbers were real.
It's like all things in life. Some are legitimate. Some are not. Just because you can fake something, doesn't mean everybody is showing fake results.
so you can't make thousands or millions with trading forex?
@@Hoochibi it's possible and very easy only if you have a seven figure account, not like the fake gurus who show how they flipped a ten dollar account to ten grand in one month.
Let’s bow our heads in silence 😂
Cue the sad Violin music.
Thanks bro 🙏. For let us knowing this importance info.
Great video Nick! Thanks for sharing this with everyone. 👍🏼
God bless you bro for saying it the way it is
Today I made $110 and I am proud of myself …
On which instruments was it ?
Okay
Who app is this
How?
@@reality715are interested to learn more about?
Wow.. very eye opening
Tks for speaking the truth!!!
Thanks 🙏🙏🙏
I use both. The good thing about regulated is you can withdrawal directly into your bank. I'm about to trade indices in the futures market soon because having a lot of money in the unregulated brokers is scary AF!
Bro have u managed to withdraw succesfully your profits into your bank, if so is it bank transfer or open banking that works for withdrawal.
What broker do you guys use for forex
@@mzz9241 I use Raja's Dominion Markets. I like that he's transparent about owning them. Great spreads and commissions in my opinion. Withdrawals and deposits are fast.
Thanks Nick! I had a vague idea that MT4 (and5?) could be manipulated but not to this extent. I don’t follow these fake high roller guys, they’re they’re a big turn off, and yeah, very ‘dodgy’ as we say here in England. Success bro! 💪🏼😎
Ok thanks for the video but how about the chart result can be fake to
Much appreciated 🙏
Great Video 👍
This is why I stopped using MT4. I had quality trades and profits but if I showed them, someone can claim its fake and I'd have no way of verifying it because MT4 numbers can be manipulated.
Decided to trade back to my U.S. regulated Broker and do away with all the craziness. Plus, a lot less risk having funds with a regulated broker as opposed to an overseas one.
what broker do you use and what leverage?
Thanks!
No problem! I'm glad it was helpful. And thank you for the donation, that's very kind of you!
Thank you Nick!
yeah just shows this can be faked on any broker not just offshore that you stated on an older vid. ICT showed this can happen. but any one looking to be a trader should not care for others profit and loss but only there own
I've warned so many people about this
This is the main reason most prop firm prefer with metatrader and alwaya making excuses on not gonna make tradingview available. So no need to risk a real money on the account, but they still gonna claim it's real money.
is mt5 any different?
Where do they get the MT4 Manager from to create these fake brokers/servers?
I had someone contact me, and had me get MT5, then connect Tuotenda broker for the funds, what is your thoughts?
what if the deposit and credit is: 0 in the screenshot? at it only has numbers on benefit and balance?
Is it possible for mt5 as well?
forex world takes “DYOR” to another level
We have to protect this man with all cost
Hi sir can I ask ,do u know aus forex
Very very good
is it safe to give someone your t4trade account number ?
There’s no way we have the same t shirt 🤣🤣🤣
AiproFX and YunikonFX do this too?
Rule number one keep your eyes on your own paper
what about MT5?
i have never believed in paying someone to teach me how to do something, i don't know if it gona sound weird to you guys but for me its normal
This is crazy... Swaggy C is def using this method 😅
Damn i actually thought of him when i saw this
raja Banks also using this
hmm nick someone in fb is using your name inf facebook 🤔 offering some new programs
What about when they show (REAL) but my MT5 shows my name and (LIVE) its not Demo or REAL, I'm confused when I see them showing REAL?
You can create your own server, put any amount you'd like in it, and title it a live account. MT4/5 is an open source platform and can be completely altered.
Son of god ❤
Thank you for the video. One thing I don't understand: If myfxbook is connected to MT4, would the results on there not be fake as well?
Yes they will be fake as well.
@@heeweegoo can you fake mt5 as well ?
Is Sirix fake? They said they belong to MultiBank they stole 39000$ from my sis
there is this one in south africa calling himself D.Operandi he makes billions on MT4 from as little as 1k$ so he claims,lol which broker is gonna pay that out?
😂😂
Thank you I was getting suspicious of not only the numbers but was asking why mt4 and not mt5 which I personally like mt5 for easy execution of my orders
That’s why I love you Nick
What about regulated brokers like vantage ic markets?
wanting the same answer as you bro
How about mt5?
Does this apply to Mt5 too ?
I would like to know also
I'm learning forex trading too, and currently joining the forex education community with nfc. I want to get a stable profit.
If I could post pictures here I post a picture of the person who scammed me
if you don't doing something other people are doing huge money profit in forex trading
First comment love the videos dude!!!!
Well said! We also are trying to teach real trading on our channel
Does full margin trader or ahmad danial showing fake P&L.
Nick you got a typo at 2:07
Sorry about that. Editor’s mistake. It’s my trademark at this point!
Does anyone know GMajor Trade ideas? He trades on MetaTrader 4? And basically does everything that Nick says in this video
I've been wondering this myself
I wish prop firms will allow us to place trades on the trading view it will be x100 times better
Yeah I agree. They could if they used regulated brokers with low turd leverage. That's the only way.
Eish that's facts
South Africa 💯
Hey, Nick! I’ve just recently discover forex trading and after a few days of research, it finally led me to you. I’ve learned a lot from you and other videos so I started a demo account with 100$ to accurately establish how trading really works (cus I plan on depositing 100$ first).
I am intrigued by risk management but I just found that even after a 1% risk management, I still lose (sometimes) around more than 4$. I kinda get why but I just need some confirmation because I already use 0.01 and I don’t know if there’s anything below that. I really don’t know what constitutes to this happening and I wanna know if I should just increase my deposit. Thanks already!
$100 is very low to start
Commission alone will make it so hard to make profits
🎉thank you! Can I expose that bad guy by his email account t and Watts app account? Maybe 🤔 no sufficient evidence
forex influencers dont respect the craft and every 3 years there is a new guy in the influencing game, but if you respect the craft it week sustain you after its all said and done in affiliate marketing/influencing . 95% of insta traders are affiliate marketers not traders check them after 5 years if not less they disappear especially kandric lemar fans "a dollar might turn into a million then we all rich" ones
nick you need to do a review on this guy raja banks i dk if he legit or not
He's fake
MT4 sucks azz. How did this become a popular platform. You have to download plug-ins that should be standard on MT4 and you have to type in your position\TP and SL by actual number instead of just using pips and takes to long to enter a trade. Don't get me started......
Because it was the only one which was readily available for free, add to it that you also had a coding language which people could build custom indicators with, it was groundbreaking when it was released. You have too remember, when it was released in 2005, there wasn't anything else on the web which could complete. Even now, TradingView with all it's benefits is limited by the brokers it allows, Metatrader never had the problem.
How do I get money back from a fake Trader?
On instagram platform!!
KRUDCRACKS would be able to recover your lost.
On IG platform!!
hahahaha i knew it was happening thanks for show how
Oh yeah another thing. Regulated brokers do support metatrader.
ty i lost almost 1k tysm 😍😍😍
abit of common sense is all its take.. if one can generate those incomes one wont wasting time asking you to join his group or courses or wateva 🤣 if im able to generate consistent income i would have travelling the rest of my times
is it possible on mt5 too?
Yeah but he's wrong about one thing. Regulated brokers use metatrader. He generally means the unregulated ones aren't to be trusted.
Hahah I was referred to this video of you via a random telegram group 😂😂😂😂😂
Nick, joining your VIP group is really expensive
You can keep watching videos for free then, no need for VIP unless you really want to join!
How much is it? I want to join
@@bellaolum9768 I'll give u for free 🆓
@@michealfred5048 how
Why show us on a demo account 😂😂😂
this has IGdoust and his brothers name all over this still living in their mum's basement
Nick, after you speak the Truth out there is more people hate you out there 🤣🤣🤣🤣
People hate reality.
Can you check server?
Can it be faked if it's live?
@ReginaMark-bw5ii Ok bot
There's this guy called Raphael Palmdale. 100% fake. Please stay away.
Yup 1000% bs. Complete garbage. He claim to profits 100k-500k on a weekly basis yet drive shitty car and nothing to proves his profitablity. What surprised me most is the comments on his videos, it all compete bs people praising him and sucking his balls.
God bless this guy
Looks like the only winners are the brokers
Love from Pakistan 😘
Newbie's got shot dead 😭
What if the trader has really good signals and you’re risking a half to 1% on all of their trades and you or making YOUR money off the signals ….does that change the narrative ? before I knew how to tradeI was a part of a group with a guy that was trading demo I made my money they didn’t change his trades I made my money that’s all I’m saying just my opinion
I made around 400$ every week but when I see every time big profits I get jealous but now I am happy for what I make
You're winning bro. Don't let these fake people deceive you. Not everyone on social media is honest about their results. Keep growing!
I was scammed too
me too
@@silviosarunic3234 How much do they get you for an did you call the FBI
How? Share
Nick the thing is don't waste your time explaining all these unnecessary stuffs, when you and i both know, the newbies will eventually fall into the trap atleast once before they straighten up 😂😂. Just keep on doing what you're good at that is market analysis 👍.
The real traders I´ve heard about have poker face the most of the time. 100% focus on the graphics. Those that are always happy, full show off, huge amounts of profits are 99% fake.
The only real proof is "Show me your Lambo" and a pink slip to go along with it.
Lambos can be acquired with the money you make from you social media following selling signals. Thanks to the fake mt4 account.
If anyone can make 50% minimum monthly returns let us know here thanks
Someone just did a house tour with Mamba fx, I doubt the million dollar house and maybachs are fake 😂
Not everyone is fake bro it’s easy to tell when it’s fake but remember if they claim to be making thousands a month the lifestyle needs to add up mamba fx definitely shows the lifestyle he’s one of the ones why we keep grinding on this trading journey
I wished I would of watched this 2 weeks ago.
What happened?
😷😷 Mamba Fx
Nae mamba actually legit not everyone is fake bro it’s easy to tell when they are fake claiming to make 500k on each trade 😂
Ooops thank God finally I understand those big numbers… and profits
GOD loves you enough to send HIS only SON to save you and if you repent and turn from your sins and be baptized in THE NAME OF THE FATHER, THE SON and THE HOLY SPIRIT. ((if you haven't )
Some people are fake others are real. It’s possible to make 20k in a week. I just made 7k in 10 days.
You said it how it is definitely agree with you and also the ones who claim to make 100k a week but the lifestyle don’t add up you can easy tell who is real and who is faking it 😂
Trader nick is no different. You're condemning others and yet you do the same thing.
You're condenming other traders for charging yet You're charging traders to join your community
Hypocrites
There is nothing wrong with selling a service/software - if it is backed by results! Here is my broker statements / login video: th-cam.com/video/FTuvq8VcCQk/w-d-xo.html&ab_channel=TraderNick
Charging people money in return for genuine value with proven results is different than faking trading results and selling dreams.
I need to add my experience to this video and SORRY if it seems to be long but this man is trying to do good, but doesn't tell the whole story... please thumbs up to my comment if you like it...
It is all about where the unethicality lies...It can be in the platforms or on the broker. I suspected my broker of SL hunting back in the day. I did a few clicks here and there and found an FTP folder with MT4 plugins a brokerage could load to spin the odds in the brokerage's favor through SL hunting...generating fake fx feed data etc. Hence I'm not using MT4 anymore, because I feel THE PLATFORM MT4 plays both sides of the fence. I know what I saw and it was a few weeks after, that I couldn't access the folder anymore. Back then I copied the zip files and open them up and investigated them...I know what I saw....I'm done with MT because they allowed such software and maybe that is why they are open-source...to save their buts by not being liable...
now, the broker, these are the types I know:
The MM (Maker Maker): if the broker is NOT connected to a proper exchange, they would call themselves a market maker and they can give you VERY low spreads...because they are on the other side receiving your trade, and if you profit YOU PROFIT directly from their bank account meaning they lose...CONFLICT OF INTEREST RIGHT THERE... If they claim they are regulated then all that means is their feeds are real market data feed in my opinion BUT they are allowed to manipulate the spread which is their profit... I recall a personal experience trading the NFP news. Just before the news came out I would open trades in both directions to hedge myself in MT4 and on the clock, my EA would set both trade's SLs and activate a trial SL in the profit direction....this approach worked twice (2 months) very well with my broker in a row but all of the sudden my trades was not stopped out on the 3rd month and I was forced to take a small loss by closing the 2 trades...I investigated and I just got "invalid stop loss" errors...after investigation, I concluded they made the spread so ridiculously big that my stop losses would not kick in because they would fall within the spread... nor my trailing SL be activated...I had no proof of this as the spread was not logged anyway so I would be able to recall the values...the point is, they can do how they please...it is their market hence they are called a market maker... I don't trust MMs because back then when I looked at their regulatory bodies the IEC just urged me to steer away from them on the IEC site...I don't know if it is still the case today on their site and if they have some regulations in place now but forex cant be regulated globally... There is a reason why they can give such low spreads because they don't pay anyone anything and when they start losing money only THEN does their true ethicality gets tested. I'm sure there are ethical MMs out there but they are few...and I have not found any yet.
The ECN broker: these brokers claim they are connected to the interbank exchange network and if such a claim can be effectively proven then you would want to use that broker. Why? because you would then be on a true exchange and when you buy, then there is some bank or big shot exchanging with you when you want to sell your dollars. The other benefit ECN had was it solved the conflict of interest problem (that a MM had) because of the exchange happening and the broker was only allowed to make money on a commission-based approach. Your broker would receive a flat commission per trade and was NOT allowed to modify the spread like a MM...the spread was the interbank or the ECN spread they received...so in short, it allowed the Banks to modify the spread as it is their commission, so the bank was the true MM now (joke) ;) however, if they did the same with the spread as my broker above I"M SURE the regulators would be on top of the manner as the visibility of such an act would be global... so ECN was the shenanigans back then and there was a time I swore by ECN brokers. Then,
I started to ask questions out of the box, who regulates ECN, or WHO determines the meaning of ECN, and what have they deemed an ECN to be...I could not find such a regulatory body that represented ECN. If there are such now please respond to my comment. Why I searched for such a body because as I dug deeper into my newly found awesome broker. They mentioned they were an ECN because they use the commission-based approach on certain accounts AND they have MM accounts too. SO, I could choose what I want...very weird. I dug deeper and I found they were connected to a "dark liquidity pool" mentioning the invested companies' names, which basically meant that they sent my trades to the liquidity providers and they (my broker) would take a commission on the trade. So my broker would receive rates from the ECN (liquidity providers) and place trades on my behalf through the ECN to the liquidity providers. I was certain my trades got sent through the ECN as my broker would not take any risk anymore because they earn a small commission and it is not worth taking the risk for, sot the liquidity provider would receive the trade... So my trade information would be sent to the liquidity provider...
so I learned an ECN can call themselves ECN if they charge a commission and don't really care to whom they send your trade to (banks or liquidity providers) because everyone (us traders) just asked if a broker where ECN and they had commission-based accounts because it solved the conflict of interest... I then asked my broker if the liquidity providers know where my SLs are and I can't recall the true answer however if they close the trade (buy or sell) with the provider I was certain that they had this information. I just know I started trading without an SL, after all this, until my trades were in the green and then I would kick-start a trailing SL. Not the best trading strat BUT I STARTED WINNING...for a year and 8 months I won. I'm not giving advice here please note this. I'm just saying if you start winning big you get noticed. The fact of the madder is there is NO ECN regulator. I sent emails asking for such a regulator to the Australian and US regulators and they could not provide me with who defines what an ECN broker is and how are they regulated...
I remember me being very confused because I understood the benefits of liquidity pools...they allow your trades to execute seamlessly FAST...so on the one hand I wanted the liquidity pools...I then realized that the liquidity provider would be also in a conflict of interest if they had extra info on my trades (like SL) because then we can have a Robinhood scenario where my broker might be forced to intervene or get bullied by the liquidity providers like Robinhood was bullied. To recap, Robinhood broker didn't allow the public to sell game stock and prevented more people from buying ...but the hedge funds were allowed to sell thus letting the hedge funds bail out leaving the public unable to act on the account (sell or buy) so that the liquidity providers don't lose anymore. A lot of people were left with huge debts because the huge sell-off from the hedge funds affected the value of the stock...they effectively stole from the poor and gave to the rich...
It's all about trust and I believe there to be none, trade like your broker is your enemy and I have found to succeed BUT I took a lot of risk trading in such a way, and in 2020 May when covid struck I was on the wrong side...even if it was for such a short time... I can just say ouch...
@madcharts3616
I'll never stop recommending KRUDCRACKS for being so legit and standing on he’s words by recovering my metamask account you're such a genius.
On IG platform!!
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I was able to Recovered my money
back by Best_tech01 Thank you for
being a valuable Person. It's
extremely fantastic that you're so
eager to offer high-quality work
Thank you very much.....🐻❄️🐕