Forex Mentor Review

With so many forex courses and "trading systems" sold online, investors have a right to be wary of the quality of material they are buying and from whom. So who is Peter Bain then?

Peter Bain is the most popular forex coach and mentor on the Internet. He is famous for his unique ability to uncover new and innovative ways to harness the power of the Forex. Peter has long been known for his passion for commodity and currency trading.

Peter learned trading in the early days of his career from some of the top traders in trading houses. Over the years, he has developed his instincts for a simple yet powerful trading system based on his Pivot Program, which has been continuously refined over the years.

Peter holds live trading seminars all over the world which sell out quickly with individual seats to these events fetching up to US$3,000 a head. They are visited mainly by professional and high-net worth forex traders.

His Forex Mentor package is an attempt to make these live seminars available to the general public and aspiring forex traders in DVD format -- and at a fraction of the cost. It is an attempt to present to you the same pivot point trading system and secrets practiced by the commercial institutions and banks.

His course, "Forex Mentor - The Peter Bain Video Forex Course," is a complete trading solution and is packed with 6 hours of live instructions on DVDs from Peter himself. In addition, there are an additional 6 hours of instruction on CDs, a 150 page "Trade Currencies the Way the Big Dogs Do" User's Manual and 1 year access to the Forex Mentor Membership website.

I've been getting Forex Mentor for a year or so. When I bought the course, it was only $395, but now they have just spitted it into two versions: home-study hard copy version which is priced at $495 and home-study online version which is priced at $349. Both of them will give you immediate access to member's site.

But if you buy the hard copy version, they will send you 10 CDs, 2 DVDs, and Printer Manuals in the next business day; while the other one only give you online version of course materials and videos which you can download immediately.

Although it is blatantly obvious that Peter Bain does not trade for a living, one has to admit that the community of novice forex traders that he has constructed through his AM reviews provide more than enough material for anyone to dedicate time and effort to learning how to trade.

I give the course five stars because even though the reviews are done in hindsight and are prepared in a such that he never gets an analysis wrong. You can really tell that this guy works his ass off to really provide great lessons through all the different alternative he makes available to his subscribers.

I do recommend you to try his course, but I have to warn you that forex trading is a real business and you need to work on it. Sometimes you need to put over 10 hours a day if you want to make a lot of money out of it. I also have to mention it is not a Holy Grail. Forex trading is a long-term business and thus, don't expect to make a lot of money very quickly.

You will definitely learn from his course. This is the most complete course out there for retail traders. I bought the course with the intent of returning the money, I will more than likely resubscribe when my membership expires. Great Resources, Great availability at a reasonable cost. Would definitely recommend this.

For anyone interested in owning Peter's course, go here (aff). If you find the price is a bit steep, try to look at eBay. Sometimes there are people who sell it at a half price. However, if you buy it directly from his site, it is definitely worth it. Peter also includes the special 30-days money back guarantee in case you don't feel satisfied with his course.

As a bonus, you can have a free telephone consultation with Peter. I have not seen this before from other forex gurus. But I would recommend you to take this advantage after you've covered all of the material so you can get to ask all the questions you might have.