DJ COACH & FBK MARKETS – FOREX MASTERMIND OR FRAUD

In this article we at WikiFX plan to answer that burning question and share our honest opinion. I say honest opinion because our research is factually based but in the old end it is still up to you as a potential investor to do your own research and due diligence and ultimately make an informed and educated decision on whether or not to entrust your finances with DJ Coach and FBK Markets.

I don't know DJ Coach at all both personally and professionally, I have never met the guy nor have I made use of his brokerage services at FBK Markets but considering the lifestyle he portrays on social media he comes across as the kind of person who has done well for himself, using forex trading as vehicle to drive hs dreaims and ambitions toward the life.

He always wanted and imagined as a poor boy growing up in a shack with nothing in a small Limpopo village. A quick internet search will reveal DJ Coach living a lavish lifestyle with a fleet of cars as well as a well-established property portfolio, seven houses and 22 cars to be exact, it does not stop there, selfies with large amounts of cash, handfuls of smart phones, tables packed with groceries and a catalogue of home brewed music for hes fans, one thing that is lacking though is a half decent explanation of exactly how he trades the markets to achieve this kind of lifestyle, no relevant posts of forex motivation.

We often see screenshots of bank accounts and blue MT4 screens filled with profit,but due to a lack of any forex education and professional know-how of the markets I cannot honestly if any of this wealth was in fact all generated through trading the financial markets. Although we all know that this kind of wealth and more can be generated through forex trading in the long run but the best traders in the world hardly ever flaunt their riches and material achievements in this fashion, after all it is the education and methodology that should attract people and is ultimately all that really matters, focus on the skill and forget about chasing money and being distracted by shiny trinkets.

Now do not get me wrong, this does not mean DJ Coach never accumulated any wealth through attacking the markets. In fact I am led to believe that this is the way he acquired the name forex broker killer, however after some extensive research I have come to the following conclusion:

On the surface DJ Coach seems to be living the South African dream most of us are still working towards, but taking a deeper look beneath the surface, scandal and scam claims dominate my research and begin to paint a very different picture than the one we are led to believe. Factually, one of the first videos I came across is one where DJ Coach is revealing his one-minute strategy and during his narration of the video he clearly states that this strategy is frowned upon by brokers and even goes on to say that brokers considers this strategy fraudulent, which is true but then says that he does not mind committing fraud as long as it generates money, this statement is both shocking and worrying considering that he has people and potential investors looking to him to teach and guide them towards financial freedom. Secondly, we came across hard evidence that he is actually NOT a millionaire, which he himself confirms during a radio interview on Radio 2000, during the interview DJ Coach quickly changes his tune when asked directly on air if he is in fact a millionaire, he then scrambles and responds to the interviewer by saying that he is actually a millionaire “under construction” despite the many claims he made prior to this about being a multi-millionaire, later we came across more evidence that the 22 cars he claimed to be owned by him are actually not all his own cars but cars that belong to his mom, his friends, business partners and family members and only some belong to him, but this statement is far from what he previously claimed by saying that he owns one car for every year he has been alive (22 years old at the time) so if he himself has dismissed his own claims and been dishonest about the main aspects of hes wealthy life and success, how can we now as aspiring traders believe what he says from this point on and blindly continue to follow him toward a flimsy one minute strategy and financial freedom, as trader we look at the charts and trade what we see and not what we feel but based on the evidence we have it is plain to see that all DJ Coach is a cause for concern and doubt, and any effort to invest with him should be approached with caution.

Lastly, DJ Coach has recently established a brokerage firm called FBK Markets and as we at WikiFX have already conducted a site survey on this broker, we established that the FSCA number for FBK was invalid, the firm was not located at the address given on their website and the firm does not feature on the FSCA website as a licensed financial services provider and this is the biggest red flag of them all, with DJCoach' previous claims being refuted and his brokerage firm operation under these conditions we start to draw a very negative conclusion.

Closing off I can confidently say that his music career seems like the most legitimate part of his life but as far as investing my hard-earned money goes, I would not take the chance and will definitely look elsewhere to plant my money tress, so now that you have the facts, I urge you to do your own due diligence and make the correct financial decision. See comments below from previous FBK investors.

Download the WikiFX mobile application and search for FBK Markets for the full site survey on FBK Markets brokerage firm.