Thechartingsociety Reviews 

738
TrustScore 4.5 out of 5

4.6

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Rated 5 out of 5 stars

I have been following Mike for 2 months now. The trades are consistent and precise and Mike even share the trading analyze. Can only recommend you to join his community.

Rated 5 out of 5 stars

Been following for a year now. The trades are consistent and as is Mikes approach. No beating of the chest, shouting out how amazing his trades are, just precise instruction and recognition when tr... See more

Rated 5 out of 5 stars

Mike is an absolute legend! He is a genuine, attentive, considerate and respectful person. When it comes to money, it is natural to be sceptical trusting someone else to influence your decision making... See more

Rated 5 out of 5 stars

Most trading services try to sell you something eventually, but not The Charting Society. They just share solid FX strategies that actually work. I've already started making better trades since I foun... See more

Company details

  1. Education Center

Written by the company

Hello everyone! My name is Mike, I am 29 years old and i am a professional daytrader. I have made a community where i share all my knowledge, trading ideas and video content to start learning how to trade on your own. Also i provide over 7 hours of educational videos on different trading strategys and styles so you can educate yourself while following my trading ideas for free!


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4.6

Excellent

TrustScore 4.5 out of 5

738 reviews

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4.6

All reviews

(738)

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Rated 5 out of 5 stars

The real deal

Joined Mike’s community around 6 weeks ago. He puts a huge amount of time into helping people understanding trading, even checking their initial level of knowledge at the point of joining. Nothing is too much trouble and he really does love to see his community doing well! Great guy, have been stung before however, no hesitation in recommending Mike. He doesn’t win 100% of the time but if he wins, we win!

17 September 2024
Unprompted review
Rated 5 out of 5 stars

Mike is very honest

I was very sceptical about trading at all after so many scams i can categorically say that Mike and his team are absolutely awesome loads of great signals and always happy to chat through messages 10 out of 10 from me amazing thanks Rob

17 September 2024
Unprompted review
Rated 1 out of 5 stars

Obvious scam

Obvious scam. It's sad but this is just one of hundreds of thousands of scams. This guy advertises (yes, spends 10s of thousands of dollars a month) a "free" service, however makes his money from your deposits into his BS fake scam broker. If you don't deposit into the broker, he will charge you 500 Euro to have access to his signals.

He targets new traders who don't know what they're doing and sells them a false dream. Has TERRIBLE (literally the worst Risk-Reward ratio I have ever seen) risk management where one loss will undo 6 wins. I could go on and on, but I'm just here to save the potential customer reading this, thinking they found a mentor, from heartache and wasting time.

Find someone else and good luck on your trading journey.

EDIT: In response to Mike's response, I'd like to clarify, I've been trading for 5 years. I'm profitable and don't need signals, nor have I actually lost any money using Mike's signals, I tested them on a demo account just to see what happens.

I made this edit for 2 reasons: 1) To confirm credibility that I know what I'm talking about and infact not making an emotional review due to "losing" money and 2) To warn potential students that this guy is nothing but a fraud.

His response that "trading is not for you" is a common one he makes. Funnily enough, I make well over 10x what this fraud does without feeling the need to exploit people in the process.

Finally, I would like to add that I have seen on several occasions Mike send a "Buy" signal and a minute later, edit it to a "sell" then celebrate the "win" when in fact anyone who actually took the signal lost. You won't find any losses or "SL's hit!" in his telegram group because he doesn't post them. The 86% win rate is BS and any real trader knows that.

Try to react to any of his telegram posts, there's only 4 options which are smiley faces, hearts, thumbs up and fireworks. No thumbs down or negative reaction options.

Good luck to traders and please find real mentors or learn yourself. These frauds are everywhere unfortunately.

3 September 2024
Unprompted review
Thechartingsociety logo

Reply from Thechartingsociety

Hey!

I am going to begin with the fact that you are complaining about the signals. If you have access to the premium community, you have the opportunity to fact-check my entire trading sheet from this year, if you do this you will find out that the average win rate is 86% and that we are overall killing it.

The fact that you join in a period of time where gold is very volatile and making all time highs and experience some stop losses, is very unfortunate. But as I mention to anyone who is chatting with me before joining, this is not a get rich quick scheme and I am not going to make you a millionaire over night. The stop losses are based on price action, if you feel like they are to big feel free to adjust them yourself and see what your own win rate will be.

Last week, was my second unprofitable week of 2024. So if you are going to base your entire experience on 1 trading week that unfortunately for you is a bad one, trading is not for you anyway.

Everyone who joins the community, gets a guide, where i clearly state that you have to manage your risk with a maximum of 2% per trade and maximum 5% if you want to risk that much, this means that you would need 50 losing trades to blow your account if you listened to my risk management strategy, which we are not even close to

My guess, is that you got greedy, and that you are looking for easy money to become a millionaire over night with a 400 euro deposit, which is not the case.

If you blew your account thats on you, and if in your small minded world that means the signals are bad, than so be it. But just be glad you found out that trading is not something that you are capable of doing or understanding.

I wish you all the best.

regards

Mike

Rated 5 out of 5 stars

Today I was able to place my first trade, immediately a big profit!

Today I was able to place my first trade using Mike's signal. It was an instant hit! It's that I had to leave for an appointment and therefore wanted to secure my profit on my first trade, but the counter still went up when I settled for my first profit of € 563.62 in an hour! Mike is very helpful (responds quickly), clear, honest and committed, without any intrusiveness. His support team is there from Monday to Friday to assist you with any question, nothing is too much for them and they respond almost immediately. The nice thing is that you remain in charge of what you do and Mike gives you the successful signals!

23 August 2024
Unprompted review
Rated 1 out of 5 stars

probably a copy trader

probably a copy trader, who always submits the trades in his channel just too late. If you don't know anything about trading yourself, you shouldn't follow him, because then you will end up with big losses.
so just like all those other "traders" a fake.

I did a lot of training with a reliable trader and luckily I didn't lose any money. I did look at your trades and saw that they are very bad.
good luck with winning new souls.

19 August 2024
Unprompted review
Thechartingsociety logo

Reply from Thechartingsociety

Hello Yvonne,

Sad to see that you are not capable of understanding how trading works.

when i take a trade, i have to write it down and send it in, so of course there will be a small delay.

If you checked out the educational and training video's, you will see that there is a guideline for not entering the trade anymore if you are to late and more than 5+ pips away from entry. So the fact that you are complaining and 1 starring for something like this, means that you didn't even take the time to go through the training.

The trades are 86% accurate since the first of January, so the fact that you are losing money is all on you, but i can already tell that you are someone who doesn't understand the concept anyway, so I think its only a good thing you lost it so you can move on and start doing something that would fit your competence.

Maybe take a good look in the mirror and think about why you are losing money and the other 2500 other members are not.

Good luck with your trading journey.

*funny that you had to update your review to go against my reply, makes your review even more trustworthy🤣

Regards,

Mike

Rated 5 out of 5 stars

A dream come true

Honestly, it was my dream to get started with day trading. Experience has been wonderful. They have been supporting and guiding through my journey.

Any doubts you’ve got, they’ve got you sorted.

100% recommended

10/10

16 August 2024
Unprompted review
Rated 5 out of 5 stars

Mike is The Man

Mike from The Charting Society is an exceptional mentor in the forex trading space. His deep knowledge, clear explanations, and dedication to his students in his free/premium group make him stand out. Mike's ability to break down complex concepts into actionable insights has greatly improved my trading skills. His consistent guidance and support have been invaluable, and the community he's built is both encouraging and informative. If you're serious about forex trading, Mike is the go-to person to help you navigate the markets with confidence and success. Highly recommend!

27 June 2024
Unprompted review
Rated 5 out of 5 stars

The real deal

Mike is the real deal. His signals are valid and with his right risk management, he is 85% accurate. Just by following his signals i have grown my account.
With so many scams nowadays on the net, there are still people that are true and honest out there. To join his telegram premium group, i didnt have to pay nothing. Just had to open an account on the broker he follows, with his referal code, and make a deposit to fund my account. Money that i can withdraw when i like. Im glad to be a part of his comunity and i dont regret joining, how can i, he is making me win money!

16 August 2024
Unprompted review
Rated 5 out of 5 stars

I’ve been a member of for 12months

I’ve been a member of Thechartingsociety premium vip group for about 12 months.
When I communicate with Mike and the team, they always message back very quickly. Really good team, and very good signals. Very happy with the service they provide. Keep up the good work guys, and you don’t get many trading groups that treat there subscribers with gratitude.
Thanks for your signals guys.

15 August 2024
Unprompted review
Rated 5 out of 5 stars

If you want to make some money, sign up!

Started trading with Mike, this guy is an absolute legend! Made quite some money in the first weeks trading with his professional guidance, he’s very helpful and shares the analysis as well. Has a ton of learning material which he shares with his community.
Would recommend him to everyone!

30 June 2024
Unprompted review
Rated 5 out of 5 stars

By Far By Far……The Best Signal Group Out There !!!

Been joining a lot of signal groups through the years, with varying succes, so i was skeptical at first.
But after joining the Premium Group, from the start i noticed that this one was different.
This man is literally taking you by the hand through all the trades, guiding you like a shepard.
Never seen this before !!!!
By Far By Far……The Best Signal Group i came across so far

15 August 2024
Unprompted review

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