Do You Know Who Your Forex Trading Teacher Is ?

By | April 12, 2015

My reaction after seeing AstroFX YouTube channel

I was on YouTube watching some trading videos when I stumbled upon Astro FX channel. So here are these two guys (Shaun Powell and Aman Natt), in their early twenties, dressed up to the nines, very expensive looking watches, driving luxury autos with personalized number plates like  F13REX, giving forex trading seminars and selling courses. Instantly my bullshit meter went through the roof. I had to find out what this scam is all about.

After doing some research, the following facts came up:

  • the Myfxbook verified results they boast actually prove they have a complete lack of understanding what trading is about and what purpose track records serve. Firstly, losing around 50% of the account in one day and draw-downs of +80% would make any person with a minimum sense of ridicule to refrain from giving paid trading advice. Secondly, track-records with a length of a few months  can’t really showcase trading ability (because they are too short) but they can and did in this case reveal trading amateurism.
  • the luxury cars come from Platinum Executive Travel Rental Cars in Birmingham, where the owner’s son apparently is a friend of Aman Natt

So we have two guys who not only don’t know what forex trading is, but they take their ignorance as a sign of virtue and expertise. There’s no other explanation for posting and continuing advertising of those dismal results on Myfxbook. Furthermore, by uploading videos on YouTube where they draw lines and put indicators on charts and call it technical analysis or showing off their supposed wealth made through trading, they try to pass themselves for professionals. Don’t be fooled by the appearances and pay them to teach you forex trading – the only thing you’ll learn is how to lose money.

 

21 thoughts on “Do You Know Who Your Forex Trading Teacher Is ?

  1. Jules BRUNO

    Thank you to warn inexperienced investors against risks shelled in your articles (this one and ‘Exential Group – Managed Forex Accounts Scam’). A friend lost €60,000 by investing in a FOREX company that was only a scam.

    Reply
    1. Ponga Es

      Hi Jules,

      Wouold you mind telling me where your friend invested his money? I mean which broker? Is it the Exential

      Reply
      1. Jules BRUNO

        CAPITAL FRANCE that meantime is on the of the French regulators’ (AMF) black list.

        Reply
  2. Bruce

    Shaun Lee Powell and Aman Natt, two very sly forex con men from Birmingham, they stole the original forex trading material, drive around in rented sportscars, have been trading other peoples money illegally without a licence, are joined by members of the JA Wealth scam team, the list goes on and on. Don’t listen to a word I say though, check out the online complaints here for more info:

    http://astroforex.pissedconsumer.com/forex-scam-by-shaun-powell-and-aman-natt-from-astroforex-partners-with-aleem-iqbal-of-platinum-executive-travel-rental-cars-birmingham-20140426484414.html

    http://www.forexpeacearmy.com/community/threads/amaandeep-natt-and-shaun-powell.19508/

    http://www.forexpeacearmy.com/community/threads/shaun-powell-forex-trader-liar-and-scoundrel.19977/

    Reply
  3. Bruce

    I like many others was duped into buying into the 3 day Forex training event, which was sold to me by the dubious traders Aman Natt and Shaun Powell in Birmingham. I paid exactly £3000 of my inheritance hoping to make much more after reading about these guys however unfortunately I lost circa £27000 in 5 days to these jokers!

    The event is poor and they show you the basics of trading which anyone can source from the internet, so PLEASE PLEASE do not make the same mistake as me, I feel sick. The wealth the show off is purely to entice you and pull you into their big scam! They will take your money and blow it on themselves. I have reported them to the FCA and NCA so hopefully they will not exist in the future.

    Source: http://astrofxc.pissedconsumer.com/…l-from-astroforex-astrofx-20150430629164.html

    These guys took my £5,000 and promised il learn consistently they have blocked me on skype after they “taught” me. And they blew my account I won’t recommend them.

    These guys will take your money at their own advantage and use it against you!!! Shaun especially will not reply if I require help or assistance they blocked me on all their social media so I couldn’t show how much of a BS company they are!! The cars are rental.

    If you need a course I would advise you too watch YouTube videos which are free they are much better at explaining and will teach you the right education, I could not get my money back as I paid wire transfer which was ***!!! Don’t make the same mistake I did. I hope this help you.

    Source: http://astroforex.pissedconsumer.com/scam-20150824688553.html

    Reply
  4. Paul

    It seems to me the way to make money from trading is to sell courses for these crooks.
    You got the likes of Anton Kreiel, AstroFX and many more pricks showing the high life to succer the stupid in.
    You don’t need expensive courses to make consistent profit trading. You just need to learn and understand the markets. SUPPLY and Demand— Stop loss runs.
    I do Trade News events, If your going to trade news Just make sure you have a system and use Guaranteed stops so as not to get slippage costs. I love trading news.
    Then its all about managing your money.
    All the rules are out their for you to observe.
    I personally don’t like Trading, I love Spread betting as I am not long term trader. It what works best for me and is nice and safe with guaranteed stops. No slippage cost for this boy. tax is in the spread,

    Reply
  5. Raj

    What they are doing is simple. They promote themselves as being top traders by showing off/promoting there wealth on instagram/facebook when this wealth/flashy life style has funded by teaching the average Joe the basics within 2-3 days and charging them £3000 plus. The money that is funding there life style is from students and not from them trading the markets. At the end of the day it is a *** but it is legal as there are fools out there who would pay to be taught.
    The cars they buy are actually an investment for them and they treat them as business assets as they lure more people into believing they are top traders when they are certainly not.
    There business model is working so fair play to them i just feel sorry for all the mugs out there lol

    Reply
  6. Julian

    I have posted here before and I have taken fraud alerts and cons VERY seriously so I have not said anything frivolously and/or without confirmed knowledge and/or significant research. My conclusion is that I have absolutely no reason -as of right now- to believe that Shaun Lee and Aman Natt are frauds or scammers. In fact these guys are -among other selected few on YouTube, Instagram, Facebook, etc- that I know, on my top 5 list of the few that I’m 100% convinced are successful and very profitable Forex traders

    Among many things I could cite as evidence, the general and most verifiable fact is that there is simply no way you can keep up such long lasting scam (years) and show of ongoing material wealth unless you are legitimately capable of affording such life style yourself. Any common sense person would quickly arrive at the conclusion that to be able to put on such a sustainable show would be one epic, gargantuan undertaking of a marathon in lying that would have to involve a ridiculous amount of other complicit partners and helpers. To give you one example of many I could cite, how do you “rent” (which is an ongoing rumor) a brand new $145K BMW I8, repaint it black matte, personalize the plates (registered in the UK because I checked) and keep the car it -so far- for nearly 3 years? (There have been many other high end cars that have been seen in their videos for years) So in conclusion, how far do you go in terms of lying to supposedly sell a trading course that you could never sell expensively enough as to be able to even come close to affording the life style they have been displaying for years?

    As far as their myfxbook record goes, I think they took it down on purpose and as a matter of principle…. In essence, they just don’t care what anybody thinks or will put up with being bullied into defending what they do and who they are. I know that will be hard to digest for some but after thinking about it for a while I’d have to agree that they really don’t owe to show proof to anybody. As I said, there’s plenty of proof out there, which some will always spin as something other than what it is. Just don’t sign up for their educational seminars, courses, etc if you think they’re frauds. Anyway, that’s the whole point, they don’t care. they’re legitimately filthy rich 😉

    I respect others’ views and opinions as well but I’d ask you to go back and check…. Pay attention to their technical analysis and convince me they’re not real traders or haven’t been trading for more than half a decade each. If you have had any success in this business, you’d know immediately they hit the spot as far as their approach. So anyway, besides what I see as nothing other than suspicion and innuendo, I’m still waiting for the hard core proof that they’re not legitimate. It just doesn’t exist. There are many emotional triggers that may prompt people to attack them… for those in the same business for example, these guys are very tough competition indeed. :-)

    Reply
  7. Robert the actual jp morgan trader

    Julian… they are frauds.. the bmw i8 was only bought this year and is a used car bought on finance (used i8’s fetch as little as 60-65k at bmw dealers which is easily financed these days.. secondly their ltd companies (a quick google search) show no assets or any money coming in or out of their businesses and thirdly and most important.. i know aman natt myself.. he still lives at his parents house in a rubbish part of coventry.. the reason why their little scam is still going??? Because its not against the law to teach or supply a course (their faix trading course) and there are literally hundreds of undecated retards out there who are paying for thos course(note most are young uneducated ghetto lads)

    Reply

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