Phantom Trading FX Reviews 321

TrustScore 3 out of 5

2.8

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Rated 1 out of 5 stars

Like some one mentioned bellow, there are plenty free videos about supply and demand on YouTube. (even from phantom:) so $100 a month its way too expensive, but thats how this guys making money, defin... See more

Rated 1 out of 5 stars

Still calling me from various numbers! Just had one from Croatia, Belgium, Netherlands and UK all within 3 mins. One after the other. Quite frankly they’re just wasting their time not mine. I just han... See more

Company replied

Rated 5 out of 5 stars

If you're looking to improve your trading skills and become part of a supportive community of like-minded individuals, then you may want to consider joining the phantom trading community. I have bee... See more

Rated 1 out of 5 stars

The host airs his live stream on TikTok and kicks people off randomly. They talk about how they 'worked' at a trading firm but fail to demonstrate that the skills they teach actually work in practice.... See more

Company details

  1. Career and Education Provider
  2. Educational Consultant
  3. Investment Service

Written by the company

Mentored Over 10,000+ Traders. Helping our students become consistently profitable & funded with a proven, repeatable process. Visit www.phantomtradingfx.com to get started.


Contact info

2.8

Average

TrustScore 3 out of 5

321 reviews

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Rated 5 out of 5 stars

I truly believe one of the best…

I truly believe one of the best decisions you can make as a starting / experience trader is join the Phantom community. I’ve only been in the community for Just 2 week and I’ve learn so much in such spam of time . The concept they provide very valuable and extreme easy to digest. The educators are very transparent as well which is something a lot of other trading community lack. I can’t speak for another but myself but I firmly believe this community gives you all the tools and help you need to become a profitable trader as long as you trust the process & put in the work. I’m very excited for what the future holds with this community

May 10, 2022
Unprompted review
Rated 5 out of 5 stars

One of the best communitys

recommended to everyone who wants to learn smc, for beginners and advanced. Very active community and priced very cheap. I was at Phantom for 8 months and can only say thank you.

May 10, 2022
Unprompted review
Rated 5 out of 5 stars

I wish I had Phantom when I was 1st learning how to trade

I have been scammed numerous times in the past which lead me to holding off from joining Phantom because I wanted to be sure that this was the right investment for me. Now I appreciate $80 a month isn't substantial but the toll of another fake course would be. Subsequently I watched them from afar on YouTube as well as see saw how their prodigies were getting on Instagram and only I think of is I wish I joined Phantom earlier. If you are looking to trade Supply and Demand and you are either at the beginning of your journey or if like me you were missing certain bits and just needed clarification on what you were doing right and what you weren't then look no further. All the mentors are very interactive and all the modules are broken down in digestible lessons that make sense and are not overwhelming.

May 9, 2022
Unprompted review
Rated 1 out of 5 stars

Cancelled membership with no refund.

I paid for the membership, and then was informed my membership was cancelled. I thought this was due to the verification part? I then paid for another membership (£120 in total) and I was then informed my membership was cancelled due to supplying a service in a discord i run?

I asked for a refund and was told they would get back to me. I have chased them up since April 8th, I asked again on the 19th, 26th and most recently today (9th May)

I would avoid this company

May 9, 2022
Unprompted review
Rated 5 out of 5 stars

The best there is 100%

Third community I've been with, and by far the best. My trading journey has come on leaps and bounds since joining Phantom. They have broken down all concepts on a granular level so you can get a true understanding of each, it may take 12 months of studying them but once you can piece them all together you can be involved in high probability setups with confidence of them playing out. Phantom give you all of the required tools to build consistency in trading which is the most important thing. It won't happen overnight, just focus on building good habits that form the processes and not the end result and your success will compound. Everybody in the community trades the same concepts, and the educators are all extremely proficient. I recently attended the Elite Masterclass which was easily the best investment I've ever made in myself. Phantom will be the last community you ever have to join, I will be a member here forever!

May 9, 2022
Unprompted review
Rated 4 out of 5 stars

Great but can improve…

All I can say is that Phantom is great & their content is worth it. The only problem I have found with them is too many coaches each with their own approach to the market which leaves learners confused & frustrated.
Coaches should stick to the course content otherwise its a great community

April 21, 2022
Unprompted review
Rated 1 out of 5 stars

UNRELIABLE

1) Very few / none of the team members / coaches / founders are (equally) focused on becoming a consistently profitable "funded" (and "PA" personal account) forex daytrader with a prop firm like ftmo and reaching the prop firm's maximum capital allocation (e.g. $400k with ftmo) plus maintaining/scaling it "long-term" (to, for example with ftmo, $2million) -- which is presumably part of the company's mission statement (collective ethos) / part of what is being heavily advertised on their Instagram page (frequent stories), i.e. helping individuals acquire a "funded" account and maintain/scale it "long-term". Upon inquiry and thorough observation, it seems like most/all of the staff members are focused more on their "personal" account (PA) vs a "funded" account. In other words, there is a significant lack of transparency and accountability regarding showcasing the entire path/journey of becoming a and persisting/continuing/staying/remaining long-term as a "funded" trader -- presumably due to the difficulty of (psychologically) enduring specific/strict requirements/restrictions from the prop firm (e.g. maximum daily loss/drawdown, maximum loss/drawdown, trading during news events, holding trades overnight / over the weekend, and maximum leverage, 1:30/1:100 swing/standard account respectively with ftmo). And regarding transparency/accountability, to elaborate, losing trades are rarely shown and mostly winning trades are shown / not all trades taken during the week are shown.

Phantom is lacking the following:

a) consistent/reliable daily(eod)/eow(end of week) chart markups in the discord community/group-chat -- "showing all (daily) trades taken during the week"

b) consistent/reliable daily(eod)/eow trade recap videos on their main website instead of posting "some" daily/weekly trade recap videos (focusing on winning trades, vs losing/breakeven trades) -- "showing all (daily) trades taken during the week"

c) consistent/reliable weekly market breakdown videos on their main website -- "showing all (daily) trades taken during the week"

2) There is a huge disparity in the trading styles amongst the team members / coaches / founders (e.g. poi point of interest selection, multi-timeframe utilization / ltf lower timeframe execution, trade management, session trading / trading hours, and symbol(s) to trade) -- thus creating a lot of confusion and disorganization. As a result, again, incongruent with the company's collective ethos, there is no "simplified/streamlined/refined" approach [traditional legacy model] to Phantom's supply and demand / smc smart money concepts trading strategy/methodology/community. Moreover, I understand that on one side, there is the aspect of accommodating diverse needs amongst diverse group members / customers / clients but by claiming to have "simplified" everything, this goal has not been sufficiently accomplished.

3) Most of (if not all of) Phantom's refinements (e.g. poi selection, multi-timeframe utilization / ltf execution, trade management, and journaling templates, e.g. notion eod end of day / eow end of week chart markup / case study templates) have come from other/external current/former team members / coaches -- not from the founders themselves -- which questions either the founders' level of competency as professional experienced "elite" traders or their level of commitment to providing high quality / "simplified" / consistent / reliable content. Crucially, this type of content should come from the founders as they are the main leading representatives of the company, i.e. they should lead by example; they are the ones who will for sure remain present long-term/longevity-wise, throughout the entire business lifecycle of hiring and unhiring team members and coaches.

4) Adding more to point #1/#2, the importance of consistent/reliable content is to demonstrate simplification / to ensure that the exact same / similar trades are being taken regularly between the group members and team members / coaches / founders -- and thus to allow individuals to easily replicate results from their "mentor(s)", i.e. achieve consistent profitability (satisfactory replicable results would be 10%-20%roi/rr per month).

5) Adding more to point #1/#3, the two founders of phantomtradingfx don't/rarely post their own daily chart markups (in the discord community/group-chat) / trade recap videos (on their main website) and instead, they rely on other team members / coaches to do the hard work.

6) Combining point #1/#2/#3, "a significantly large number" of team members / coaches have stepped down / left the community within 1 year, creating a lot of confusion, doubts, and trust issues with Phantom.

April 20, 2022
Unprompted review
Phantom Trading FX logo

Reply from Phantom Trading FX

Hello Gardeepan,

Thank you for taking the time to compile such an in-depth review. We have acknowledged your queries / concerns and we appreciate the feedback. It’s most unfortunate that you feel that way as we do pride ourselves on our support and experience. We did have members on the team who were not unified with our edge/vision and approach however we have now restructured the team who all trade identically. We understand how hard it can be learning to trade and how the previous team dynamic could have made it harder. Prior your review and since we have been working on new content plans, including live sessions / daily analysis, providing pivotal insight into the trading sessions ahead which has aided and provided great support and individual success/growth to members of the community, we are also providing consistent EOD markups, live adhoc support sessions and so much more….Your journey and satisfaction is important to us and we will ensure these points are resolved. And apologize for any inconvenience and are glad to see you find enough value in us to have re-joined.

We genuinely wish you all the best in your trading journey.

Rated 5 out of 5 stars

Great experience!

I've been studying for almost a month at
Phantom Trading. Has been a great experience.
I have learned a lot more than I have in the last two years by taking other trading courses.
Even without finishing the first part of the strategy content, this week I managed to make great trades on my live demo account and I'm getting to understand how the price works much better now. I am very happy and satisfied with the high level of professionalism and knowledge of all the mentors and colleagues in the community. I am very excited to continue learning and become a great investment fund manager. Congratulations and many thanks to everyone who contributed to Phantom Trading!

April 7, 2022
Unprompted review
Rated 5 out of 5 stars

Found my Edge with Phantom

I have been struggling with consistency with my previous strategies. After a few days with Phantom, I have discovered that with Phantom you rarely make losses when you are wrong if you follow the rules. You have lots of breakevens when you are a wrong and a few losses. Also the risk to reward ratios are just out of this world. With my previous strategy, we would celebrate a 1 to 3 Risk to Reward. I didn't know that 1:10 RR or more was possible. I would recommend Phantom to everytrader. This is the best thing that has happened to me on my trading journey. I wish I had known Phantom earlier

April 7, 2022
Unprompted review
Rated 5 out of 5 stars

The LAST course you’ll ever have to buy!

I bought the course with not that high expectations because I already bought other famous courses about forex and thought this is just the next one which leaves me with a big question mark…

But it wasn’t the same. From the beginning you already notice that there are many coaches who have success with trading and that their have passion to give their knowledge to others.

Moreover you get hours and hours of content, spreadsheets, pdfs and the most important thing: A perfect strategy
The strategy (which doesn’t give you a big question mark at the end) is understandable, realistic and if you put in the work, you see the results and why the concepts are so powerful.

But the course doesn’t even describe how good phantom is… It is their whole community and the discord. Every question will be answered in minutes and the coaches are really active and helpful too.

Phantom is from the bottom of my heart, the last course you‘ll ever have to buy if you want to become a full time trader!

Cheers

March 27, 2022
Unprompted review
Rated 4 out of 5 stars

Great course and community...

I'm sure phantom is a great community, I have had a lot of people who love it and I send anyone who asks me to join phantom to learn how I trade, but unfortunately I do not qualify to be in their community so they kicked me out without a refund :( But none the less everyone there was really helpful and was always looking to help each other out and its a great place to learn SMC trading. The guy who runs the socials is also very helpful and answers a lot of my questions really quickly, thank you Brad :)

March 24, 2022
Unprompted review
Rated 5 out of 5 stars

best training and community period!

i believe the phantom pham are the best in the industry. the knowledge that is pass on to the students daily weekly and monthly is second to none.
the coaches are very helpful and will answer any question you have. also regular zoom calls, market recaps, outlooks etc.
what more do you need. we also got to remember these are people and they also have a life.... ck

March 23, 2022
Unprompted review

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