Financial Markets Online Review: Full Blown Scam

 
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Financial Markets Online is a dubious trading school running from the web address FinancialMarketsOnline.com.

According to the promotion material appearing on this website, FinancialMarketsOnline.com is the UK’s number 1 Forex education platform.

The trading school also relies on the infamous reputation management website called TrustPilot to deceitfully gain trust of the financially desperate.

In this review, I will explain why I felt scared to recommend this company, thus adding it into this list of the best trading resources was quite difficult for me.

The company is aggressively promoting their trading services, thus following the typical characteristics of bogus trading education websites like Trusted Signals, Forex Chasers and several others.

Financial Markets Online is operated by Jarek and a couple of other anonymous “traders” with zero track record.

They claim that this trading school is based in London and Dubai respectively.

These guys also want you to believe that they’ve got 30-50 years of trading experience and that they have 10,000 customers.

There are many too good to be true marketing declarations across this website.

Nevertheless, one thing that the financially hungry masses won’t tell is that most of the trading schools like Financial Markets Online are only relying on lies to sell their trading services.

What exactly does Financial Markets Online sell?

According to The FinancialMarketsonline.com website, Jarek and his team are professional traders that can help you with the following:

1.Complete Forex education

2.Three day Forex masterclass

3.One-on-One coaching including live webinars

4.VIP Membership

5.Funded trading program

In the 3 day Forex masterclass lessons, Jarek will provide coaching on price action, technical analysis, risk management and “live trading”.

Additionally, the funded account program is where he claims he will give you $60,000 of “free money” to trade with.

We’ve always discussed the pitfall of these supposed funded trader programs in our reviews to keep you in the know.

The Financial Markets Online website is merely a portal for purchasing trading education courses based on financial snake oil.

FinancialMarketsOnline.com review: The hogwash

The most common statement across this company’s website is that they’re the leading Forex education providers.

This statement is a bit gimmicky because a truly good Forex education provider does not stand on the rooftop to announce their prowess.

It’s a statement I’m not able to verify and the more I dig deeper, the more In find cans of worms.

At this point I am beginning to be skeptic as it becomes quite clear that Jarek and his team are selling nothing more than financial hogwosh.

The company claims they’ve been featured on major newspapers like Telegraph, the Guardian, Financial Times and Reuters.

The links that they provide are not directing us to those Newspapers but instead taking us to a page where general financial news were published.

In other words, these magazines have never mentioned Financial Markets Online as well as their alleged trading activities.

The second biggest lie that this trading education website uses to sell the snake oil is that FinancialMarketsOnline is the “most popular trading school on Trustpilot”.

Well, what consumers don’t know is that TrustPilot in itself is a scam as any dubious online marketer can purchase fake reputation in exchange of monthly subscription.

This means that Trustpilot (the very website that Financial Markets Online is talking about is a swamp of con artists).

Most of the positive feedback which you see here are not authentic as tracing their source will lead to a shocking discovery where you find that the scammers hired freelancers from Fiverr to leave fabricated reviews.

These scambags also peddle their Forex education and fake funded accounts on their Facebook page.

The company is currently running aggressive Facebook ads where targeted consumers are forced to submit their names, email and phone numbers.

The victims are promised free training and other good things. As always, these ads are tuned like a fine swiss watch, so they will target the most vulnerable audience.

Who is Jarek of Financial Markets Online?

The only thing I know about this guy is that he is a smart internet marketer who can also pay a smart web designer to create a website that people fall for.

The trading analysis/commentary/signals which he claims to post on his Telegram channel doesn’t say much about his trading prowess.

For example, if I want 6 months of trading results from Jarek’s own Forex broker account, is there a chance that I can get it? The answer is No, he won’t allow me to because he is not trading a live account.

It is one thing to talk about trading and quite another to prove that you’ve been trading a live account and making money.

The conclusion

Jarek, come clean and let us know why your ads are deceitful. I am waiting to hear from you because clearly your website and trading education are not backed by any verifiable trading performance.

Your “Live trade Ideas” and countless promises are mere hot air that evaporate like fart in the wind.

How I wish you had some proof of your trading performance before you can sell us this snake oil.

For those who have read this review, I am very sorry. This guy failed to make it into our list of the most trustworthy trading and investing websites.

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1 Comment

  1. Do you want to submit a broker or comment about their scam activities? BrokerProfile is the uncensored forum where you can discuss freely about good and bad trading service providers..
  2. Jeff

    As a curious newbie to Forex I have been following their live free signals on Telegram for about 4 months now; you can place the same trade immediately yourself, or simple follow along without. One month was a losing month but the other months were in profit. on many of the weeks, not all I should add, they make triple digit pips. They don’t place trades just for the sake of it, they might not send a signal for several days if they don’t see an opportunity. They also keep you updated, at least once a day and provide regular updates if warranted throughout the day, with analyses on many of the currency pairs with their reasoning behind it. I’ve not signed for any courses or paid them any money, just followed the free signals and analyses. As well as forex they also trade commodities and indices.

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