Market Traders Institute (MTI)

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  • State: Florida
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Market Traders Institute (MTI) Complaints and Reviews

Jun 26, 2017


They gave me a refund after I completed the requirements.Their method(s) are open to interpretation and work about 50%. Not enough to get ahead.
Jun 10, 2017


I wish I had come across this thread months ago before I handed over thousdanss to these vultures. Please believe all the negative comments here as they are very similar to my own experience with MTI. They are just blood suckers. You hand over thousands for so-called education and support but then hear from no one, except when they think it is time they should sell you something else.
Try to get your money back for something they sold you under false pretences? Well, you have no hope of getting anything back despite their guarantees. There is always some excuse - that's if you are lucky to get a response at all.
Unless you keep handing over thousands for the endless number of new 'courses', you only have access to outdated lessons which have not been updated for years.
For example, their iPad app just does not work on any of my 3 Apple devices. And you won't get any help from their support team either.
It's like a giant ponzi scheme. The only thing that keeps them going is the money that rolls in from new clients who pay out big money. Then they use this money to hire more sales people and conduct more webinars and programmers to create useless new chart indicators to lure in more new clients - and so the cycle continues.
One day, they will implode. The game will end one day when they hurt enough people.
Jun 10, 2017

MTI - Takes thousands, delivers very little

Marcelo above must be one fo the dozens of Martinezes working at MTI. They promise you the world but deliver very little. After paying them $10,000 over the past 12 months and attending endless number of webinars, the only thing I learnt is not to trust any of them. Even their so-called experts cannot agree on which way a particular market is moving.
For example you watch Josh Martinez' presentation and he says the GBP is heading up, then an hour later Jose Tormos is saying Gbp is moving down.
But my biggest grip is the upselling and misleading their loyal clients with simple indicators, many of them free elsewhere. These imdicators are always sold under the guise of 'a course' so they can justify charging you $2995. In reality, these indicators are a just rehash of something they put out in the past - just changing colors slightly and renaming it.
My conclusion is that the company would not exist without a constant stream of subscriptions and overpriced courses and dubiuos sales tactics. At this rate they will either run out of new way of scamming people or there will be class legal action. I am surprised this has not happened yet.
May 21, 2017

MTI has helped me tremendously

I have been an MTI student for about 8 months.

I purchased their UTP course package for about 6,000 dollars. Despite it being a good program, I do believe it is overpriced.

I spent a few months trying to practice their trading philosophy, and it has simplified my trading, reducing a lot of doubt and crystalizing a well-defined exit strategy.
They also answer any questions I have in their mid-week review webinars.

I believe these bad reviews you see here, come from people who expected the trading proficiency to be served on a silver platter. MTI offers a great strategy, but YOU need to do the work. I know I have,
MTI has changed my life.
May 20, 2017

Does it work

From what I gathered from the webinars and softwar called the Ultimate Charting Software, didnt make alot of sence to me, I did try it on a trail base but found it is very similar to the Elliotte Wave therory which has five waves rather than four waves used in the demo by MTI, A,B,C,D. I found that this system cannot tell you where the market is going, and cannot tell you when to get out. The Fibonacci tool is used for trading but not an absolute method to determine what direction the market is going. It is one of many tool's used to help traders make an informed decision.

May 17, 2017

about this scamgroup site owner

This hate-site is opened and operated by a Massachusetts criminal, an Armenian immigrant Marina Noble (former Marine Mkhitaryan).

Her address:

4 Repton Circle, Unit 4101 (first floor), Watertown, MA 02472

Some of her emails (out of countless others): [email protected], [email protected], [email protected], [email protected]

Her phone numbers: 857-540-6933, 857-540-6033

Marina Noble is a famous prostitute, trashed and discarded from her homeland Armenia for a good reason. In the USA she continues her sex-trade and spreading pesky STDs. She is a true threat to the Homeland Security.

Yet, she fools everybody by falsely claiming to be a medical doctor, health professional, biopharma researcher, office manager, office assistant, etc. All her claims are ridiculously FALSE and can be debunked by a three-minute background search.

A notorious shoplifter, Marina Noble (then Marine Mkhitaryan) entered the USA with IMMIGRATION FRAUD, by bribing her way there, in the corrupted Armenia, to the Edmund Muskie Program (without any knowledge in a single English word).

Being somehow admitted to the Program, she dropped from her studies at Boston University School of Public Health, instead planning her stay in the USA by getting pregnant from random men in craigslist and using her pregnancy as an excuse for the green card, dating a married man and insisting him to divorce and marry her for exclusively immigration purposes.

With that, she violated the 212 E Immigration Code that categorically disallows any Muskie Fellow stay in the USA after the program, even if the fellow marries a USA citizen or bears/delivers a child from the USA citizen.

Our efforts to have this hate-site removed, are yet unsuccessful. But there is something the damaged parties (families, individuals, businesses, careers) can do.

Call to the Immigration Authorities, the USCIS immigration fraud reporting line at

1-800-375-5283, 1-866-347-2423, 1-(866)-DHS-2-ICE, or visit

to submit an online complaint againt Marine Mkhitaryan.

You can also mention Marina Noble's amoral actions (including shoplifting, sex-trade, destroying American homes and businesses by generating income through these hate-sites) that constitute MORAL TURPITUDE in the eyes of

Section 212(a)(2)(A)(i)(I) of the Immigration Act.


Marina Noble's real name (during the immigration fraud) was Marine Mkhitaryan. Use the latter name in your reports, otherwise the USCIS will be unable to locate any Marine Noble.

Some facts:

Marine Mkhitaryan's year of birth: 1966

Marine Mkhitaryan's entrance to the USA, 2001.

Port of entry, Boston/MA

She dropped out from the Muskie Program in 2003.

Got pregnant in 2003, stayed out-of-visa for three years 2003-2006, another violation (as the maximum allowed period for the out-of-visa stay is 6 months only).

She gave birth to her daughter (Sophia Noble) out of wedlock, during the out-of-visa stay. The father was unknown and untraceable, as she had dated too many men in that short period of pregnancy-planning.

William R. Noble (YOB 1966), from 168 Higgins Crowell Rd West Yarmouth MA 02673-3422, agreed to marry her, to father that child and make her green card (against the rules of the USA Department of State).

The marriage was registered in 2006 (despite of the grievance of the Edmund Muskie Program's Administration and the USA Department of State).

In 2009, Marine Mkhitaryan (already Marina Noble) took the oath (covering her criminal life), fooled the Government and became a USA citizen (unlucky for all of us....).

Since then, she is in search of jobs, and cannot keep any job because of her criminality and scandalous, libelous nature. This site ( and other hate-sites she operates, are making her bread on cost of our ruined lives and careers.

It is unlikely, that Immigration Authorities will deport her after her long journey to this day. However, she will be obligated and enforced to pay the FINE to the Government ( $10,000 - $35,000) for her 212E violations back in 2004.

This will be the justice served .

Don't wait and don't think twice. Report this demon today. Report Marine Mkhitaryan (today's Marina Noble) to the Immigration Authorities. You can also report about her hate-site business to her local Police at Watertown, MA. Their details:

Phone: (617) 972-6500


Chief Michael Lawn, mlawn(@)

Bureau of Field Operations, rdupuis{@}

Check their directory at:
May 17, 2017


May 9, 2017


Apr 25, 2017

They Make Trading Simple

It's true the education is good but they take long in rrsponding to emails. If they they can pay attention to mails they will be the best. ThTheir Education is simple not complex like other institutions.
Apr 24, 2017

Great Education

Have been with MTI for about a year and I am very grateful for this opportunity to learn from their professional teachers. Thank you very much!
Apr 24, 2017

So glad I found their training

I have been investing for over 20 years with mostly good results. I have alsways been interested in learning about the Forex Market and luckily I came across MTI. Their emphasis is on education, equity managment and emotional intelligence. It is easy to et overwhelmed with all of the information available. I strongly recommend MTI to anyone who is serious about not just succeeding in Forex, but to understand and expand their horizons. I am just beginning this journey, but I know I will be successful.
Apr 22, 2017

Mastery Class didn't disappoint

I just completed the Mastery Class which was fantastic! Overall, the instruction answered lots of questions about how to become a better trader and connected lots of dots. I am already analyzing the charts in a much more informed manner. It was obvious that the educational staff really cares about moving students' knowledge in a direction to make them more successful in FOREX trading. My biggest disappointment was when the class ended. Thank you MTI for helping me follow the journey!
Apr 21, 2017

Will Help You Build a Foundation

I have had the privilege to attend two classes on site over the past three weeks. While there my questions were answered, learned many things, and met many wonderful people. When I left I felt my foundation of the Forex is solid. Market Traders cares about their clients and will work very hard to make everyone master traders. No matter who in Market Traders you talk to they all make you feel like you are their only client. I look forward to returning to Orlando in the new future.
Apr 20, 2017

Truly trying to help me become a master trader

Have been working with them for years now I have tried other people and companies and came back because the chief is the only one who is truly trying to help me become a master trader. Others go to fast and expect you to learn it all like they know it in days or a month but the chief breaks it down so you can master it a piece at a time. I know now I will stay with market traders institute well after I become a master trader because I want to help others too.
Apr 19, 2017

Great Customer Service

I've tried different systems and MTI is by far the most useful I've found as an amature trader. Not only you get to try out some of their product for a 14 day trial period but they also offer a great customer service and they are always trying to help out as much as possible.

The Charting software is a great deal and if you are in doubt just give it a try and check their teaching webinars to figure things out yourselves!

As an amature trader it's really hard to know what's real what is not, especially after having some bad experiences with forex trading. Well I guess persistence pays off eventually.
Buttom line they are worth a try and in my first month with them I'm more than positive about making real profits in the forex business.
Apr 19, 2017

Scam Scam Scam MTI MTI MTI

They wanted $7000 or $4000 if bought today. They came down quickly to $1000 plus part payments.
They came down in price so quickly and easily, I should have seen the red light.
In hindsight, I think they may have come down to any figure, just to make any money, no matter how small.
On realizing that their course was non-existent, together with their lack of any support or guidance, I asked for a refund as they had promised.
They totally ignored my request, not even acknowledging my emails that I had attached the option of receipt of all my many refund request emails.
What a scam company!
Don't go near them!
Apr 18, 2017

Don't Believe the Bad Reviews

What impresses me most about Market Traders Institute is that they genuinely invest and care about the success of their students/clients. The staff members are very knowledgeable and accomplished traders, which gives clients/students the confidence to do business with them. All the services and products are very competitively priced, very affordable, and relevant, unlike many other competitors on the market who charge massive prices.
Mar 29, 2017

This company is abusing EEG-Wireless Telemetry

They are using EEG-Telemetry wireless technology.
You can google this technology anywhere now it is meant to be used as a cognitive enhancement device.
We bought the course 3 years ago and it is still a nightmare.
They hide behind technology and are never honest with you.

You do NOT want this company in your future.
The course is a failure it doesnt teach you anything and they have NO QUALIFICATIONS.

Keep AWAY from these people.
The CEO mixes in Religious concepts with home based EEG monitoring against your consent.
They have no right for this thing to sleep deprive you.
Its appalling .
Mar 21, 2017


Used some of their add ones after paying a hefty 5,000 for education .This is a company that turns in a profit THEY ARE NOT CONCERNED WITH YOUR PROFIT .It is the ABCD that will help you make a profit. AB ility C onsitancy D iscipline
Mar 18, 2017

MTI fraud

MTI is totally a fraud
The all content can be found into internet,
And what they want to do is sell more courses or others tools. I order my refound 4 weeks
After I started the course in October and until now march 2017 they didn't refound me.
Luiz Gustavo Ribeiro
Mar 14, 2017

Specialist suck

My MTI specialist was Charlie Green, all he eve tried to do was sell me more trading tools that cost thousands of dollars. Never helped me with the course and whenever I tried to get in touch with him if I had a problem, he was always at a meeting.wanted a refund and it took 3 months,no help from him. They all suck, maybe except Josh Martinez.
Mar 2, 2017

their charts don't match reality

I believe it is a scam because their charts do not correlate to reality. One of their latest products is the momentum breakout strategy. It's a red light green light system based on renko bars. After viewing their webinar I spoke with Chris Murphy and asked if each renko brick is the same size as the others. He said they were the same size. I emailed him a picture of a chart from their webinar and also a standard price chart and asked for an explanation why their charts don't correlate to reality. Although many points were roughly similar there were many points that their chart presented misleading information which would make it look like you are winning when in fact you are losing money. Chris sent me several more advertisements to purchase their products but never responded to why their charts don't match reality. During the phone call Chris told me they have contests for writing positive reviews online. The contest winners receive free software. So be wary of positive reviews about them. The attached pictures are GBP/JPY from Dec 22 2016 to Feb 23 2017. Notice the retracement difference at the indicated area where I drew a magenta line. Their chart shows a retracement of 40 pips or less but the real price chart shows a retracement of about 375 pips. I advise anyone to steer clear of these folks.

Market Traders Institute (MTI) - their charts don't match reality Market Traders Institute (MTI) - their charts don't match reality

Feb 24, 2017

Very expensive for what they teach

I was customer of MTI in the years 2006 - 07. honestly the education that I was given, it can be found for free in other places. Its program is very expensive for a basic training.
For me it was not worth it, I keep trading forex and what I learned from them was not much for all the money they charge.
It can be hard but the truth is that no one is going to give you, your work strategy even so paying. They only teach general market theory which with a little effort you can learn for free or at low cost.
Good luck to everyone
Feb 14, 2017

Fantastic Education

I have tried to learn forex trading on my own with disastrous results. I didn't know how little I knew about market trading until I got involved with Market Traders Institute. Their education packages are amazing - I have never had soo much education available to me in one package - and it is always going on. You can watch and learn as much or as little as you want. But it is not cheap. And they are a company - working to make profit like every other company in the world. They offer all kinds of products all the time, but I have never once gotten a phone call to pressure me to buy. It is offered, and I love the fact that it is my choice if I want to be contacted to purchase anything. I believe many of the people on this site are not happy because they purchased their products thinking it would be an investment for easy money. The one thing I have learnt about the markets is that there is NO easy money. You need to be educated, dedicated and controlled to be able to make money in the forex markets. And I have not seen anything else on the market that offers as much training and opportunity as Market Traders Institute can offer. I can't say enough about how great their products are - the best education for market trading ever. Just don't buy it unless you are serious and dedicated to learning how to trade properly.
Feb 14, 2017

No FREE Scholarship AND Didnt Qualify for 100% Satisfaction Gurantee

I joined after a demo of a fib tool and right at the end of the presentation was the sell of their training which included the indicator and of course how to use it.

I am not commenting upon the quality or suitability of the training or there platform. It was NOT suitable for MT4 and I couldn't afford their $250/mo platform fee which is why I asked the MT4 question.

I couldn't afford their course but they offered at the end FREE Scholarship so thought well give it a go. The man who called said I had to electronically sign about 4 or 5 forms so I did. but like an idiot I gave my CC info and they charged - by then I had forgotten why I was doing this (I have been depressed since my mother died a few months before) Any way after about another 4 hours of calls and email exchanges and him telling e to hit all the buttons I got access. It was a USA holiday (2 Sept 2016) so it had to be done that night and I had to return to London but over the weekend I discovered that their indicators DO NOT work on MT4 so I asked for a full refund - but they said they will only give 50%

I was told that the demonstrated autofib tool would work on MT4 charting platform - they said yes but Knew what I meant but they meant that their platform connects to brokers who provide MT4 so they can give wrong answers and pretend that the buyer understands what they mean. This is deceitful in my book.

They refused to honour their Iron Clad 100% money back RISK FREE gurantee and the personal warranties offered by the presenter for people to try the product. I was the first to get the FREE Scholarship option but they charged me the full price on my card.

They then said that I did not qualify for the 100 % satisfaction moneyback gurantee they promised.

To me is Fraudulent.

I wonder if the person claiming he got his money back was actually an employee of MTI.

I also was not shown how to get the promised 2,000 pips nor did I receive the $2,000 cheque because they failed to do this. Clever sales gimmicks easy to say but never proven.

I am trying to get s 75 refund through my CC as the 2 month or 60 day gurantee period is designed to block CC charge-backs.

Also they do these presentation on a 3 day holiday in the USA to get around the 3 day USA cooling off period. This means that the buyer has NO USA protection in cases of presentation sales and not only that they say that because it wasn't PHYSICALLY face to face ie and internet presentation means that no one in the USA is protected by USA laws should they try to get an immediate full refund. When they told me that the guy on the other end of the phone was quite cocky in the way he fired the lack of any legal recourse by the buyer.

Of course since they are closed for 3 days because of the week end plus the Monday holiday then most people will not qualify for the USA full refund in any case.

Clearly an unscrupulous group of people who are intent in ripping peoples hearts out.
Feb 10, 2017

it not for me

i was told i only needed 250 to start trading but they only were telling you haw to trade, but i wanted to trade not pay to listen to some one for 250 pounds, i can get that for free from youtube, no platform no making money and i still cant get my money back as my picture id is out of date but they had no trouble taking my money im angry and making my trust much harder to believe any one. they are liars
Feb 8, 2017

Some things just are not for you, but for others

i had the utp and it was ok.. i wasnt a student and do plan on becoming one.. i cancelled my utp.. and got a full refund.. so .. to each there own....just because things do not live up to your expectations doesn't mean that it is a scam...not every one is cut out for everything .

Jan 24, 2017

How Much Is It NOW

After buying into MTI the following week the price went down 45%, It appears as if you need to be careful on when you purchase the cost is always changing. Once you buy they are always trying to sell you something else as if you made a mistake on the original agreement. FYI They teach you how to pretend to be a trader !!!!
Jan 19, 2017

Took advantage of the elderly and the inexperienced

This company reaches out to all that will listen to a promise. A promise of becoming educated and wealthy overnight.
I would not refer them clients.
I will report them to the CFTC and the FINRA

Jan 1, 2017

Great Company. Was not for me. Full Refund

I started with MTI 4 months ago and have never been involved with Trading. They supported me ,
mentored and taught me a number of lessons.. some practical, some psychological.
IN the end I decided it was not for me... I completed what was asked of me, viewed some of the thousands of training
videos and live webinars.. Once I advised them I wanted a refund as per the agreement, not a problem.
They did offer more time, mores resources to help but it was time to say goodbye.
2 weeks later I had received my full refund.
Please dont think this is a walk in the part... it is not... You must commit to a fair bit of time and effort to make this work.... I will eventually contact MTI and try again when I feel im in a better position ....
They are good people, wanting you to success

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