It is difficult to find any forex trading courses around Hector Trader price. Most of them are actually quite expensive.
I have decided to compare it with Forex Mentor, a popular and comprehensive forex trading course that is closely priced with Hector Trader.
Although ForexMentor is offering more nuggets(bonuses) with his VIP member area, I still believe Hector Trader is much more valuable. Moreover the membership area for ForexMentor is only free for 3 months ($66/mthly thereafter)
Everyone is raving on how profitable it is trading Hector Trader. The praises for ForexMentor was more on the immense value in the member area.
Well, Forex Trading ultimately is about inheriting a system that allows you to trade profitably and Hector Trader has the right balance to prevent you from information overload.
Live Trading Videos (Very important for you to learn trading)
Written Guide
No Trading
Experience Needed
Popularity with Users
9/10
8/10
Reputation of Creator
6/10
(Hector only teach online)
8/10 (Peter Brain is more well-known due to longer years of teaching and conducting seminars )
Forum Discussion (How happy are the members / students)
Blogs Comments
Support
6/10
8/10
Quick Support
Support slowing as Hector is currently busy with a new project since Dec '08
Email Support
Support Forum
-
Live Answer Session
-
Free for 1st 3 months
Other Specifications
Currencies Traded ( optimized and recommended by the system )
All currencies
All currencies
TimeFrame ( Frequent trading with lower timeframe )
All timeframe
All timeframe
Trading Style
Trend following, Retrace, Breakout
Support and Resistance using Pivots
Profitability
9/10
8/10
Feedback in Forums
9/10
8/10
Feedback in Blogs
9/10
8/10
Value for Price
9/10
9/10
Profitability (Based on the students' feedback and our own experience)
9/10
8/10
Bonuses
Trend-Scanning custom indicator to scan for high profitable trends (only for members of hectortrader.com)
Custom excel sheet to plan for Money-Management, Track Record and Trading Plan
3 Months Free Access to VIP Members Area
Real trading examples from 2003 to present (700+ hours)
How to anticipate currency price reversals using Commitments of Traders
Mentorship quickstart ebook guide on how to mimic the pros traders
Price
$197
(one time)
$349 (one time)
Maximum
Discount
Nil
Nil
Refund Policy
Refund within 30 days
Refund within 30 days
Alexa
Site Rank (higher rank = more traffic = more happy customers = pressure to deliver better products ! )
Our Rating
8/10
* I personally think Hector Trader is the best forex training course at its price.
What Hector Trader loses out to ForexMentor is the members area and ongoing support.
There are ongoing support and coaching inside the forums and daily reviews in the VIP area.
However it is only free for 3 months.
8/10
* The good and bad comes from the amount of contents in the members area. The good is students has access to lot of quality contents archived from the past few years.
* The bad is students might face information overload. I have a look at all the contents and feel that some of them are not neccessary.