Trade Genie is a stock investment advisory service operated by ‘Noshee Khan’.
Mr. Khan is peddling his stock investment recommendation from the address tradegenie.com.
He boldly claims that he can help investors leverage his “World-Class trading strategies”.
Mr. Khan also runs other two websites in his portfolio.
1. Financial Markets Wizard — financialmarketswizard.com
2. Noshee Khan — nosheekhan.com
In his marketing declarations, the owner of Trade Genie proclaims an amazing win ratio of 89.76% out of 537 trades.
He also proclaims an average gain of 70.20% in just 16 days of trading.
This is absolutely ridiculous and to some extent not verifiable. It’s complete baloney—I will explain.
By the way, whether Noshee Khan is telling the truth about his trading achievements or simply spinning a fib is the subject of this review.
What does Trade Genie offer?
It’s a stock and options investment recommendation website with multiple monthly subscription plans.
Additionally, Trade Genie offers 6-day personal coaching for $997.
It is targeting beginners and experienced traders who are hoping to make a kill in the stock market, thanks to Noshee Khan’s inflated performance reports.
Trade Genie Students can pay $37/month for Mr. Noshee Khan’s exclusive market analysis or $187 monthly to receive up to 10 alerts every week.
Trade Genie recommends $250,000 for experienced traders and $10,000 for new investors wanting to utilize the service.
It appears that Noshee Khan’s clients are a group of individuals with some retirement savings to splurge.
Or let’s just put it this way—Mr. Khan is targeting the financially desperate who believe they can become rich quickly if they can just copy-paste his investment advise.
Who is Noshee Khan of Trade Genie Inc?
Mr. Noshee Khan’s real name is Mohammed Nasir Khan.
This name is supposed to be very secret but unfortunately Mr. Khan does not know that once something leaks out there, it cannot be erased very easily.
On his “about” page, he claims to be a Master trader, a software engineer and a programmer.
In one of his websites, he even claimed that he left a $120 per hour job to pursue full time trading business and helping people succeed in the stock market.
He apparently developed interest for trading in 2003 but founded Tradegenie.com in 2010.
Considering his Steller resume and the experience he claims to have, I would never doubt one iota that a simple request such as wanting to see Mr. Khan’s trading performance can be turned down.
Nevertheless, what I had already suspected was ultimately confirmed.
The owner of Trade Genie is unable to honor a request for his performance record.
Despite declaring his market experience, Mr. Khan cannot verify his 96% winning rate, and he is also unable to verify whether this trades were taken on a simulator or live account.
So why exactly does Khan look and sound so confident?
The answer is in online reputation management.
I have always said that TrustPilot is the online version of Mecca with regards to fake reviews.
Majority of people go there to post fake reviews in exchange for incentives and sometimes investment hustlers like Noshee Khan will pay for extra features which enables them to further manipulate reviews.
Ultimately, the result is a standalone page dedicated to publishing nothing but positive Trade Genie reviews.
Not even a single negative report can be found on this page.
The ripple effect is that hundreds of financially desperate people get suckered because they don’t want to do their homework.
The FBI indictment
There are reports that Mr. Noshee Khan was indicted by the FBI.
I can’t confirm those reports just yet but considering the energy with which he denies those allegations, one would conclude the devil is in the details.
The FBI archives page reports that MOHAMMAD NASIR KHAN and his accomplishes were charged by the FBI for false tax reporting to the IRS.
The report indicates that Mr. Khan of Stockton sold 3 property but did not disclose the gain.
It is also alleged that he used fraudulent exchanges in the sale of 2 other properties.
The reason I cannot confirm this allegation yet is because it’s still not clear whether the Mahammad Nasir Khan in this case is the same person as Noshee Khan.
Nevertheless, the website of Trade Genie Inc is providing a Californian physical address.
There is only one person by this name that leaves in this address.
Another thing to factor into this argument is that if this information was false, Mr. Khan would have probably sued the person who provided this information.
I know this review is an absolute nightmare for some die-hard fans who can’t believe the ugly side of this investment hustler.
When confronted on the FBI allegations, the owner of Trade Genie becomes furious like a caged tiger who has been poked with a stick.
The only defense he can give is that his Facebook page is followed by 30,000 people.
He claims the allegations are by some angry people.
But I want to ask Mr. Khan — Why are you enraged if you are innocent?
Thankfully; after reading this, many folks will acknowledge that they can’t touch Trade Genie even with a 10 foot pole.