Abstract:There is a hidden side to trading mentors who are in the public eye, especially those mentors who work with brokers with low WikiFX ratings. They cannot even be able to discipline themselves. Is it really safe to invest in such a broker?
There is a hidden side to trading mentors who are in the public eye, especially those mentors who work with brokers with low WikiFX ratings. They cannot even be able to discipline themselves. Is it really safe to invest in such a broker?
An account on Twitter called “Tradinghub. za” quoted RCG Markets‘ mentors as saying leethabomalete, an Internet figure in the trading world, and RCG Markets Leadership Monhla had sexual intercourse together in Monhla’s white GTI on 9th of December 2022. At that time, Monhla was hosting free trading classes on his birthday allegedly.
About Leadership Monhla
This so-called Leadership Monhla posted a lot of photos that he was with luxury cars on Instagram to show how rich he is. As we know so far, he is a trading mentor in RCG Markets and teaches people how to win big in the forex market. We do not know if these cars belong to him or just a marketing strategy made by him. He is working with RCG Markets, which implies traders can be rich as he is by working with RCG Markets.
About Leethabomalete
Leethabomalete is a well-known investor and opinion leader in South Africa who regularly posts photos of her life on her social media platform. She's also working with RCG Markets and has her own YouTube account. However, when we tried to open her YouTube account, we found that it had been deleted.
About RCG Markets
However, for a long time, RCG Markets is a disreputable broker offering a series of financial instruments. It was registered in South Africa and focuses on the South African market. According to WikiFX, this broker exceeds the business scope regulated by South Africa FSCA with license number: 49769. Therefore, we cannot consider RCG Markets a regulated broker. Additionally, WikiFX has given this broker a low score of 3.41/10.
This broker does not have a decent reputation as most of the feedback about this broker we received is negative. WikiFX has given this broker a low rating of 3.41/10.
Conclusion
We do not know what the relationship between Leadership Monhla of RCG Markets and leethabomalete really looks like as the RCG Markets mentors claimed it so. What we do know is RCG Markets is like Veracity Markets, many people consider it a scam. Traders, especially South African traders, need to understand the risk by investing in this broker.
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