1. Introduction
G7FX presents itself as a professional trading education platform founded by an ex-Barclays trader named Neerav Vadera (Alias NV-Trader). However, a deeper investigation reveals several concerning inconsistencies regarding the founder’s background, questionable and contradictory trading practices, potential plagiarism of tools and techniques, and misleading claims in advertising and reviews. This in-depth review aims to provide a balanced perspective on G7FX based on available information from various sources.
2. Founder Neerav Vadera’s Dubious Background
2.1 Inconsistent History and Lack of Verification
Vadera’s professional profile has multiple discrepancies that cannot be verified. His LinkedIn shows 16 years of institutional trading experience including 6 years with Barclays (https://www.linkedin.com/in/n-v-940229194/), but his FCA records reveal just 3 years at Barclays from 2005-2008 in non-trading client service roles https://register.fca.org.uk/s/individual?firstName=Neerav&lastName=Vadera&dob=11%2F08%2F1977. There is no record of the claimed subsequent work experience at a top prop trading firm or as an independent institutional trader up until founding G7FX in 2009.
2.2 Short-Lived Company Ventures
Vadera has been associated with several short-lived companies as director, including G7 GRP LTD, QUANT GRP LTD, and KDMTGG (https://www.companydirectorcheck.com/neerav-vadera). This history of dissolving companies within 1-2 years casts doubt on his credibility and commitment as a trading educator.
3. Dubious and Shifting Trading Practices
3.1 No Proof of Claimed Trading Experience
Despite claims of 16 years of institutional trading experience, proof exists only for 3 years at Barclays in non-trading roles. There is no evidence of work experience at reputable prop trading firms during the periods claimed. Most of his trading background remains ambiguous without independent verification.
3.2 Dramatic Shifts in Trading Approaches
Vadera’s trading style seems to shift dramatically over the years. He initially claimed to trade just FX using Elliot Wave analysis
,but later rebranded himself as an expert in Order Flow, Volume Profile, the DOM, and auction market theory without explaining this radical change. This significant inconsistency and lack of transparency is highly concerning.
4. Tools and Techniques Highly Similar to Others
4.1 Potential Plagiarism of Existing Work
Several of Vadera’s core tools like DOM ladders, volume chart templates, and techniques appear nearly identical to work created previously by other well-known traders, such as John Grady. Passing off others’ creations as his own proprietary tools raises ethics concerns over potential plagiarism
Source: https://imgur.com/Mzs3joQ
4.2 False Claims About Custom Tools
Vadera claims tools like his DOM ladder and Order Flow footprint charts are customized and proprietary creations. However, evidence suggests they are copied directly from existing tools created by others years ago.
Source: https://imgur.com/farLGz4
These false claims of unique inventions further hurt his credibility.
4.3 Verification by MyFxBook
Even though there are potential ways to “game” the results that are shown on MyFxBook. Mr. Neerav Vadera simply choose to close down accounts that had negative results. This highlights the lack of solid track records. Everyone should reconsider and ask themselves. If he hides one account, how many are out there that did not yield positive results and got replaced? https://www.myfxbook.com/members/nv_trader
5. Advertising and Reviews Raise Red Flags
5.1 Potentially Misleading Account Statistics
Vadera claims his trading statistics are from a real audited account, but analysis suggests he is trading a £1,192 account (https://imgur.com/iiJ8FZ3) while advertising results from much higher balances. This vastly inflates perceived performance and profitability.
5.2 Lack of Reviews from Actual Students
There are no substantive reviews from traders who completed the full G7FX course and went on to trade profitably using their teachings. Most online reviews seem promotional rather than objective. This lack of evidence raises concerns over the course’s actual value.
6. Sources
Unbiased forums are a better indicator of what a trading educator has to offer. Third party platforms such as Trustpilot or Proven Expert often have a history of negative feedback disappearing.
https://www.forexfactory.com/thread/550311-commercial-forum-live-acct-trading-focus-on
https://www.forexfactory.com/thread/465083-nv-trader-is-not-credible-ex-institutional-trader?page=6
1 comment
pizo nar
Terrible: save your Money, Time and Nerve
i have very bad experience with this company, i bought very expensive training from g7fx around £1495,i got discount, so i paid £998 which still too much for a training, i though i will get something valuable but i learnt only titels, they waste my time and nerve, very long videos leading to only confusing with Theoretical stuff like explaining the (normal distribution) in hours which need only 10 min, repeating the stuff in every video many times which will finish ur nerve for nothing, he is doing his best to confuse u, i learned only titles which exist everywhere, there is no strategy, or rules every this is opened, just take the blablabla and invent ur own strategy, “Neerav Vadera” , is the instructor is turning around him self in a circle repeating every thing again and again totally unorganized in thinking , he is not able to deliver information,, expensive does not mean it is good, or they will teach u the secrets. by the way he will speak about banana market about 3 hrs in the training:) 🙂 ,, the funny thing he always: says Guys i do not know how to explain u this, i am not a teacher ending with more confusion. After 2 weeks i asked for refund, but they refuse to refund even 50 %, because i finished the basic module, i just marked the video as finished because they r not useful. they r happy to find a victim. i complain again where the strategy where r the rules, they said just stick to VWAP and watch again, i watched, waste my time again, the same BS, blabla. they drive u to buy at getfundednow, read the condition carefully because their ads are misleading and they want to foul u to lose ur money, i encourage all the victims of this company to post everywhere their experience, i bought another training from another company, and i am happy with it