Falcon Fx Full Review – Is It A Scam?


FALCON FX

8.4

EDUCATION

9.5/10

REPUTATION

10.0/10

VALUE FOR MONEY

9.0/10

TRANSPARENCY

5.0/10

Pros

  • GREAT REPUTATION
  • WELL PRICED
  • WEEKLY MEMBERS UPDATES
  • COMMUNITY OF LIKE MINDED TRADERS

Cons

  • SUBJECTIVE STRATEGIES
  • FAIRLY BASIC INFORMATION
  • NO TRACK RECORDS SHOWN

Everyone is trying to sell you a forex course these days, from reputable retail traders, to scammers and d-list celebrities, forex has become the latest hot commodity alongside crypto courses. The issue with the new hype around the industry is it’s becoming much harder to see which mentors are offering us value and can help us become consistent traders and which are just looking for our money!

In this article, we are taking a look at Falcon Fx, owned by Mark Hutchinson – a fairly well known UK based retail trader. The company has been doing a fair amount of paid ads on Instagram over the last few months so I’m sure you may have seen them! So, is this the company for you, or the next useless education company? Let’s find out…

Who Is Falcon Fx?

Falcon FxOpens in a new tab.

As the company and owner are U.K based, we are able to use Companies House recordsOpens in a new tab.

Now that we know who Falcon is and who’s behind the trading company, lets look at what it is they are actually offering us…

What Does Falcon Fx Offer?

Falcon Fx claim to offer everything you need to become a consistent forex trader… so what does that actually mean?

They offer a huge amount of content and support to beginner traders to help fast track their careers and learning experience. This includes…

And much more! There is going to be a lot of content in here that you could be getting online for free, as with all forex courses at this point, however, having everything compiled into easy to follow material and having the support of Mark and Neil is going to be potentially much faster. The community seems to be extremely strong, which is something that really sets Falcon apart from the rest of the Top Forex Courses ListOpens in a new tab.

The weekly and monthly market recaps are great for traders actively trading the same strategies as taught by Falcon as you’re going to be able to see exactly what the rest of the community and coaches are seeing. Hundreds of eyes are better than 2, right?

Falcon Fx Pricing

As far as pricing and value for money is concerned, Falcon is going to set you back around £100 per month. This becomes slightly cheaper if you’re willing to purchase either a year or 3 month at once. This will drop your monthly cost and allow you to have a few more perks – which may be useful but for a beginner trader I would go month by month, if all honesty.

This £100 monthly price point is fairly competitive considering the amount of value you’re actually getting from the constant updates. Compared to the likes of Trading MasterclassOpens in a new tab.

Falcon Funding Program

On the website, there is a published RoadmapOpens in a new tab.

As a general rule of thumb, prop firms are the best place to get funding, instead of through forex mentors. We’ve reviewed a few educators now claiming to offer funding and there seems to be a huge lack of proof for all of them. I would highly recommend just sticking with one of the Top Prop FirmsOpens in a new tab.

Falcon Fx YouTube

Falcon has a YouTube channel that posts a huge amount of videos every month, breaking down basic trading information that may be useful to beginner traders or people potentially thinking of joining this industry. There are no real trade reviews or live trades taken on the channel which is a shame, as I’m sure everyone would love to see the transparency of real trades being taken – however, this content is still valuable to beginners I’m sure.

I’m sure the videos are made specifically for the largest amount of potential reach, bringing more students to the website, rather than in-depth reviews of trades that only students or more advanced traders would really benefit from. Either way, check out the YouTube channelOpens in a new tab.

Falcon Fx Babypips Thread

Incase you haven’t stumbled across it already, BabypipsOpens in a new tab.

There is a full thread on Babypips, which you can read hereOpens in a new tab.

Falcon Fx Reviews – What Are Traders Saying?

Falcon Fx has got an Excellent reputation on TrustpilotOpens in a new tab.

Michael here has even taken on some investor capital since learning trading from Mark and the Falcon team. This is brilliant to see as getting funding is the next step in becoming a full time forex trader! If you’re looking for funding yourself, I’d highly recommend FTMOOpens in a new tab.

In Conclusion – Is Falcon Fx Legit?

In summary, Falcon Fx is a legitimate company owned by Mark Hutchinson providing trading education to retail traders around the world. The trading education is basic price action teachings which of course can be found online for free on resources like BabypipsOpens in a new tab.

The main issue I think traders have with Falcon is the lack of track record being shown by Mark regarding himself or the strategies being taught, as they’re fairly subjective and this can lead traders to feeling disheartened and distrusting of the strategies.

If you have any experience with the company please do let me know in the comments below, I’d love to hear from you!

Kyle Townsend

Kyle Townsend is the founder of Forex Broker Report, an experienced forex trader and an advocate for funding options for retail forex traders.

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