Millennial Wealth Group  

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Company details

  1. Educational Institution
  2. Coaching Center
  3. Education Center
  4. Fitness and Nutrition Service

Written by the company

MWG is a holistic personal development institution specialising in the education of Foreign Exchange market trading. MWG creates well rounded traders by not only delivering world class trading education, but also health and fitness advice, philosophy and self-development training and a financial fundamentals course including topics such as budgeting, cashflow and investing. As a member of MWG you embark on a journey of self-discovery to develop all aspects of your life, allowing you to not only become a better trader, but a better you in the process.


Contact info

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Rated 5 out of 5 stars

I have absolutely nothing but positive…

I have absolutely nothing but positive things to say about MWG. I joined late February and this was my first introduction to Forex trading and the way Izzy laid out the content, the assignments at the end of each module and 2x weekly zoom sessions and consistently answering questions in the discord has helped me significantly in understanding trading concepts. Thank you for everything Izzy.

12 October 2023
Unprompted review
Rated 1 out of 5 stars

Irrelevant

Irrelevant. He got the mentorship down, no more community or webinars or anything.
A shame...

25 September 2023
Unprompted review
Rated 1 out of 5 stars

Save your money - 0 rating if I could

At the end of the day I was looking for a consistent profitable strategy and found this is not the place to go. He changed his strategy after I was a member for multiple months and still isn’t profitable, around 50 members and not a single one is funded including the founder. I am not promoting any others but the new one I’m a part of is seeing newly funded members weekly.

Save your money and go else where. Just do your research and find a place that works for you. Good luck to all

1 January 2023
Unprompted review
Rated 1 out of 5 stars

I don't recommend it

I enrolled in this course in August 2022.
I was already trading unsuccessfully and was looking for a mechanical system, which seemed to be the basis of this Mwg.

The learning material was useful, but can be found on the web in other groups.
The discord was very active in the beginning and the grouo of newly enrolled people was very friendly.
At the time the mentor was not trading live his strategy and did not provide any record of it ever being profitable, despite insisting on us logging all our trades.

The mentor was not funded or profitable when he created the course, nor is he now.

When He finally decided to enroll in a challenge it was obvious that he did not master his emotions as he was exercising discretion, though it was the core of his strategy and teachings.
After multiple failed attempt to win a challenge (6 or 7 attempts, never passed phase 1), he decided to change the whole strategy and create a new one on a HTF.
The rationale behind felt flood and in contradictions with previous statements, and the little backest (50 trades) felt also a little "light" to ask people to follow and pay for a course.
So far, the new strategy has not allowed him to pass a challenge.

No one in this group appears to be funded.
And the one that is supposed to be did not come forward about it, which seemed very awkward...

I have nothing against Izzy, but I believe it is better not to enroll in this group.
Almost no one is now in the discord and all the ones that completed the course left it to follow other strategies, with success for most...

Not bad in term of materials for beginners, but better solutions exist elsewhere.
And mostly the strategy appears not to be working in the long run, as the mentor himself stopped using it...

1 May 2023
Unprompted review
Rated 1 out of 5 stars

Save your money

After initially writing a positive review I ended up deleting it because that was more than 10 months ago and a lot has changed since then. The mentor was quite pushy with asking us to write reviews from the beginning which I should have seen as a red flag but he seemed genuine at the time, so I obliged.

I joined the mentorship in August 2022 when I was completely new to trading and this was the first program I went through. I got sucked in by the initial youtube videos posted by the mentor and thought this was a good mechanical strategy that I could follow.

I had basically completed the course and had backtested the 50 trades with some success over a three-month period from October to December 2022. However, when attempting to forward test this strategy it simply did not work – I used forex replay for previous years 2021/2020 and could not get a month with greater than 10% profit.

The mentor himself could also not execute the 1-minute entry model in forex replay and failed to upload the second forex replay video to his course after taking a tonne of losses.

Almost everyone in the discord that completed the course no longer trades this strategy and have moved on or given up.

After the mentors’ multiple attempts using the 1M entry model strategy he was never able to get to the second stage of a funded challenge, never ending cycle of repeats.

He has now created a new 5 minute and 15-minute strategy after not being able to get funded with the 1 minute strategy after preaching that you shouldn’t refine strategies (look at the other negative reviews). He also did 50 backtests on this strategy which is nowhere near enough to say that you have a working strategy and encourage people to use it. He is currently on his 4th or 5th ftmo repeat now, over 7 months of this so far.

A common theme and rhetoric that he kept repeating throughout the last 12 months was “this is such a terrible range we are in”, “the price action is ugly right now”. When you hear someone say this it’s a tell that they don’t understand price action. Yes, there are times when price action lulls, i.e. holiday season/Christmas break but this rhetoric of his played throughout the whole year so it isn’t an excuse.

The mentor as well is very concerned with his optics, he deletes negative comments in the discord around the strategy (there are screenshots of this that I can provide) Also he deleted his live trades channel as there were so many losses in a row and started from a fresh under the guise that he only wants to track his trades monthly. He preaches about full transparency but these actions show you the opposite.

The mentor loves to provide hindsight examples of his strategy and his youtube channel is filled with these. The discord is basically dead now. Save yourself the money, I have made the mistake for you so learn from me and do not go with this mentorship. You can learn everything and more from ICT or a legit mentorship like sardarFX.

31 May 2023
Unprompted review
Rated 1 out of 5 stars

After initially writing a positive…

After initially writing a positive review, early on into my mentorship with MWG, a lot of things have changed.

Initially I was excited to join this group as the "mentor" sells a very holistic positive approach to trading and self mastery. The lessons were ok, rather basic, but at the time, for me, was a good beginners level introduction.

The "mentor" claimed he was going to take a funded challenge at the beginning of this year, 2023, but always kept putting it off - health issues, poor market conditions etc... There is always an excuse, always! I do believe recently he is currently in a challenge and has yet to pass. after months and months. He will lose 5/6/7/8 trades in a row and then hit 1 winner which will barely keep his challenge alive.

The strategy he teaches is elementary at best and simply does not work as he promised. As far as I am aware, no one from the mentorship is funded or even close to being funded.

The "mentor" has refused over and over again to show any of his past trading results, claiming to be a profitable trader with no proof.

The one thing the "mentor" is really good at is showing winning trades, in HINDSIGHT, he excels at this... which is completely misleading and unethical.

In the discord group, we were always being pushed to bring in more referrals, because at the end of the day, the "mentor" cannot trade and signing up new recruits is his only source of income.

It had the feeling of a used car salesman, cheap and dirty.

Live trading by the "mentor" is almost non existent and when it did happen, his stop losses was blown straight throw immediately, always citing "poor market conditions".

Transparency does not exist, the mentorship has all feels of a scam, and if it walks like a duck.... you know the rest.

Save yourself the time and money and find a true mentor that is actually profitable and can prove it.

If I could give zero stars I would.

Around February of this year when I was close to leaving the group, I had asked for a refund, to which my request was denied. That's fine, I paid a price to learn a lesson.

Since leaving the group and I started studying ICT concepts, which are all free online. I recently passed my first funded challenge on my first attempt, my only regret is that I wish I would have done this first and not wasted 6 months of my life, but life goes on.

The "mentor" is a great salesman, however; a poor trader that will not or cannot prove any of his past "success".

Do yourself a favor and find a legit mentor or do it yourself.

Best wishes,

1 February 2023
Unprompted review
Rated 5 out of 5 stars

MWG is a Turning Point

MWG is a collective.
The dynamic ranges from complete beginners to several individuals who have years of experience in this space - such as myself.
This enabled me to easily determine the difference from taking trading as an interest, to legitimately applying it as a business model and career.
The YouTube content was massively valuable as is, which directed me into taking on the full MWG membership. From there I immediately took notice of the vision in which many of us are initiated as the innovators in this community. Rather than being a course and place to just become a trader - it’s a platform to grow as effective individuals who can excel at trading. Through the focus on one crucial skill to learn in the age of online income, there are multiple channels and branches in which as a collective we can synthesise shared experiences and learnings to fast-track our development.
You can’t have anyone make the change for you at the end of the day, you have to follow the plan and do the work. And with MWG, the means are provided. All these things were such a crucial part of what I was looking for.

It’s worth mentioning also, despite how much it takes to cater for such a platform - Izzy himself is an accessible part in all this. He is consistently present and cares for the members.
Much gratitude to him and to all members.

I’m sure I’ll reflect on all this as the turning point where I finally reached my potential as a trader.

3 May 2023
Unprompted review
Rated 5 out of 5 stars

This course had a very high impact on…

This course had a very high impact on my trading career. By following the rules taught in this course, my win rate has increased a lot as I now only take high probability trades. I am now 100% sure that the risk management and discipline taught in this course can triple any account in a short period of time. Thank you Alchemist FX

26 March 2023
Unprompted review
Millennial Wealth Group  logo

Reply from Millennial Wealth Group

Hi Emmanuel, thank you very much for taking the time to leave us a review. I am very happy you have been able to use these systems to improve your trading and look forward to seeing how far you will go!

Rated 1 out of 5 stars

disapointed on the long run

Do not recommend this group anymore.
Not live trading, no proof of success by the mentor (multiple fails for his challenges with always good excuses)
Change his strat on the run, with no to little sample to admit this is the ONE (50 trades...).
Discord is close to dead only 2 or 3 members chatting.

27 August 2022
Unprompted review
Millennial Wealth Group  logo

Reply from Millennial Wealth Group

Thank you for taking the time to leave us a review David and well done for all you have accomplished so far! The self-mastery course is almost ready to help you with your mental framework and see you achieve everything you dream of this year!

Rated 5 out of 5 stars

This is our view

I found Izzy and Millennial Wealth Group through Youtube one night when I was desperately searching for a new way to trade. I had hit a major roadblock over the 8 + years that I had been trying to learn to trade. Both my partner and I trade together and for some reason we had never really been able to make a success of trading. Our frustration had pushed us down so many paths and we concluded that if we are going to succeed we need a strategy that's mechanical and simple to follow.

The biggest struggle we had was having a step by step, mechanical rules based system to follow that did not leave us guessing. After watching only a few of Izzy's Youtube breakdowns we decided we would give Millennial Wealth Group a go. There was something about being strictly rules based and mechanical that really appealed to us.

We got in touch with Izzy, he offered a free call to get to meet us and know us and we felt Izzys heart was in the right place right from the first call with him. He wanted to help and gave us a peek into what we could expected.

We decided to sign up and give it our best shot. Currently we have completed the technical part of the course and now we have ( for the first time ) a trade plan that is easy to follow and is also accompanied with Izzys flow charts that show you EVERYTHING you need to know before you hit that buy or sell button... it's really cool. I haven't seen anyone create something like this in the 8 years I have been trading.

The community is awesome. The senior members in the group are always there and helping. Izzy is always supporting, answering questions and helping. It's a small group too which I love ( I have been in communities before where you feel like you just get lost in it all ) not with Izzys group.

Izzy is a great mentor. He's answered every single one of our questions, followed up with us on our progress and actually cares about us. We get homework! Yes... Homework, which is actually really good! Most groups, you just smash the course out and sometimes at the end of it all you can feel really stuck. The homework allows you to focus on each section at a time and submit your understanding for Izzy to review.

I would say to anyone thinking about it, just to jump on a call with Izzy and you'll see why its a good community and course to be apart of.

I actually feel like I can now pass AND keep a funding challenge and start moving towards my goals.
Lets go 2023!

21 February 2023
Unprompted review
Millennial Wealth Group  logo

Reply from Millennial Wealth Group

Thank you so much for this detailed and thorough review Lath and Tash! You guys have been incredible members and an amazing addition to the community since day one! Proud of all the growth you guys have already accomplished and I look forward to seeing you acheive your trading and funding goals this year!!

Rated 1 out of 5 stars

An Unbiased Review after 5 Months

I had initially written a positive review for Izzy, considering how I had made a positive return in my backtesting during the months of November and December, but I can no longer say the same anymore. With my initial review I was pushed by Izzy to write it quicker than I intended, as I personally would've preferred to be funded before writing one. In fact, I even said that I would write one after funding but he was still insistent on me writing it. Nonetheless, I wrote one as I didn't want him to view me negatively, however as months in the mentorship went past I realised a few things. (I personally am continuing FX trading just no longer under his guidance) (I have been in this group for almost half a year, 5 months to be exact)

1. Izzy(AlchemistFX) has not been live trading since November 2022 last year, not a single month led to 10% profit.
2. He has failed to pass (reach 10% in a month) on a funded challenge 4x now (2 demos) (2 live challenges).
3. Hides his profitability despite preaching 100% transparency, when asked multiple times he shared a myfxbook screenshot with key details intentionally blurred out.
4. Claims that the 'strat works', 'we know it works' despite not having any solid data collected behind the strategy. You can ask him this yourself and it will remain a fact.
5. There are 0 Funded Members in the discord including the owner and his mentorship has been running for a while now.
6. When asking him for proof, he has attempted to guilt trip us saying that he's disappointed for our lack of faith. Which would be a fair point except for the fact that we are paying for a service where you promise results and we are not your friend as you have no reason to talk to us as soon as we leave the subscription.
7. You are more focused on "hitting targets" (getting more subscriptions for the service) then improving the results of your current members who are 'Masters' but still not funded.
8. Uses discretion in his funding challenges despite preaching a 100% mechanical trading plan. When the actions of the mentor himself do not align with his teachings it makes the student question a lot.
9. More focused on being a self improvement teacher then a forex mentor. Whilst discipline etc. is a big part of forex, a successful strategy is more important than any amount of psychology training.
10. I am not saying Izzy's edge doesn't work completely, but I am saying it does not work well enough as seen by his OWN results.
11. Ask him to live test any FXReplay month in 2022 with the strategy and see whether the net gain of the month is 10%
12. He manually kicked me from the discord a day prior to my subscription ending and I suppose its because he did not want me to cause a commotion in his chat.
13. Refuses to update the strategy despite data from members within his own community showing that better results can be achieved.
14. Does not extensively collect or test the strategy to continually look for refinements or improvements on the existing strategy.

6 February 2023
Unprompted review
Millennial Wealth Group  logo

Reply from Millennial Wealth Group

Hi Jordan, thank you for your review.
1. This is correct, during this time, the main focus has been on setting up the business and ensuring I delivered on my services. At the beginning of a business, a lot of time must be spent on ensuring it is set up to be scalable, this was expressed to the members.
2. The demos were not upheld to the highest of importance, the challenges were. The 1st challenge ended in 5% profit in terrible market conditions. The 2nd, I was having health issues, which I explained to the members, and also ended in profit. I have not failed a challenge with this strategy.
3. I clearly showed percentage return and strike rate (57.5%) the blurred details were the capital, I explained this was not something I was comfortable sharing.
4. This is not correct, we have a lot of data on this with multiple members having completed the data collection themself too. Jordan, you have personally completed this and caught 98R in 2 months on our recorded session.
5. The mentorship STARTED in September, and the first student completed it on the 11th of November. Today, no more than 7 members have completed the entirety of the course and of them, 3 people have passed phase 1, 2 have failed phase 2 and 1 is still undertaking it. That is almost 50% of the people who completed the course, passed phase 1, to my knowledge the other 4 have yet to take a challenge.
6. I did believe we were building a friendship, as you had personal questions unrelated to Fx you wanted advice on and I went out of my way to jump on a complimentary call with you for over 30 mins to discuss what you had on your mind.
7. This is not true. Nothing brings me more satisfaction than seeing the success of my students, every business has KPIs and I simply want to help as many people as possible. You can ask every student if I have personally reached out and asked them how their going and offered them a FREE consultation if something was not 100% clear.
8. Real trading does not have time limits, funding challenges do. I chose to focus on higher probability setups. No other discretion was used. Rather than enter a 2 star setup, I chose to wait for higher probability setups. I stand by this.
9. If you ask any successful trader they will tell you trading is 80% psychology and 20% technicals. The technicals work, otherwise you would not have amassed 98R in 2 months.
10. My health has been a barrier for me to be able to perform at my normal capacity, which has now been resolved. I do have another challenge starting shortly. Judge my results off of that.
11. The times we used it we were unsuccessful in a few trades due to news events and the sessions were incorrect. We did 2 sessions on FXReplay which were 1 week each, 1 was profitable, 1 wasn't, that's how the market works.
12. It was certainly not to avoid any commotion, I didn't know there was any commotion. I reached out to you 4 days ago on the 20th of April to ask you if there was anything I could help you with as you hadn't been active in the discord to which you responded that there was nothing and that you were simply busy with uni & work. You have never personally reached out to me with any of these issues, yet preferred to do this publicly.
13. The updates were in relation to refining entries on the 15S TF to reduce our SL and how to manage the trade, no refinements to the strategy itself. FTMO has been having spreads of 0.6 pips on AU, using a 1.7 pip SL would mean a lot of trades would be missed.
14. Continually looking for refinements is not a good approach to take to trading, only once we see the strategy is not working, which has not been the case.
As mentioned, I am going to be undertaking another challenge soon. Once successful I am happy to reach out to show you the results and to offer you a month in the mentorship for free as it seems you do not believe your time thus far has been valuable.
I wish you all the best.

Rated 5 out of 5 stars

This is my first experience with a…

This is my first experience with a treading course, and the advantages definitely exceeded the cons . Starting off very organized sections ,simple and easy to access . Izzy was quite helpful and was there for me and my random questions 24/7 . I definitely recommend this course you’ll not regret it and you’ll walk it out with a lot of information and definitely level up your game . Lastly I just wanna say thank you Izzy !

8 December 2022
Unprompted review
Millennial Wealth Group  logo

Reply from Millennial Wealth Group

Thank you very much for your review Mika! I'm glad you have enjoyed the course's structure and content and thank you for highlighting to others my responsiveness. Thank you for being a great addition to the team mate.

Rated 5 out of 5 stars

Don’t sleep on MWG

Within my short time of being enrolled with MWG, I’ve already gained so much insight and clarity on forex as well as what my goals are for the future. I really appreciate the way Izzy has laid out the course in terms of goal setting and creating a better lifestyle for yourself in every aspect. Izzy genuinely cares about all of his mentees and takes the time to provide genuine feedback/advice. I stumbled upon MWG by chance and I’m so glad I did as I know there are a lot of hit and miss courses/mentorship’s out there regarding trading. If you’re looking for a genuine and very knowledgeable mentor along with a very supportive community then I can assure you won’t regret sleeping on this!!

20 November 2022
Unprompted review
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Reply from Millennial Wealth Group

Thank you so much for your review Chantelle. It has been a pleasure seeing your growth so far and I cannot wait to see how far you will go with MWG. Sky's the limit!

Rated 1 out of 5 stars

Unprofitable, Unprofessional & Unacceptable

I've been in MWG since November 2022, where I paid a $900 lifetime mentorship with Izzy, in hopes of finding success with Forex Trading. Let me tell you now, this never occurred and if anything my knowledge of trading took a backwards turn..

I was promised a profitable trader who successfully made 5 RR a week (10% of their account a month). I didn't ask for proof at the time because Izzy seemed genuine enough however don't make the same mistake I did and ask for HARD proof of profitability (myfxbook, bank statements etc). What his YouTube and Instagram show is something called "Hindsight trading" which means he uses Trading View after live price action has already happened and marks up a "Winning Trade".

The course included in the mentorship is poorly made (a lot of mistakes/errors). Members constantly question his course material and he will use the excuse of "Oh that's my bad", instead of fixing it for new members. Izzy preaches this stoicism and drive however he is the complete opposite, lazy. He can take up from 48 hours to weeks to reply to personal questions. He doesn't do EODs. He doesn't live trade. He doesn't backtest/refine his strat. The list goes on. His personal life constantly comes before his business/members. He always has "personal matters" AFTER someone calls him out for being inactive. He will go out for "dinners" instead of trade and work on his business. I know a few business owners, and when you take on that commitment the business should ALWAYS come first and be a priority. Don't pay for a half ass job.

For months now, most of the members have "left" the group and looked somewhere else. The discord isn't active at all. Most of these 5 star reviews are from old members who would of been "pressure" to make a review after being in the group for 1-2 weeks.

Over the 9+ months of being in the group, Izzy has yet to trade with live funded funds (100k capital). The reason for this is because he has failed to pass his funded challenge for 5+ months in a row (make 10% in 30 days). Towards the end of the month, he will leave the funded in profit to get a free repeat and make up excuses on why he didn't pass it. He is truly delusional and thinks ending a challenge in profit doesn't mean he failed to pass it ??

Below are his trading stats from Jan - May:
Wins - 4
Losses - 32
Break even - 1
This would give him about a ≅10% Win Rate.
He isn't transparent anymore, so its hard to gauge his current stats.

After recording so many losses in a row, he decided to take down the discord channel and wasn't transparent with his community. Members would speak up about this, wanting to have a discussion about how poor his trading results are however he would delete messages so it doesn't "look bad" for his group. He uses the excuse of "Poor Market Conditions" when he takes losses however when he has a winning trade, the market conditions are good again... Izzy constantly contradicts himself.

Izzy isn't a Forex trading, he has never been profitable and for sure isn't a mentor. He truly believes he has full control of his emotions which would make him an expert in taking trades (wins/losses) without having any feeling. This is incorrect as setups form everyday according to his "trading plan" yet he does not execute.

I asked for a refund however was denied after he made 'False' promises. He also included a money-back guarantee, which was a complete lie/scam.

It's just unacceptable.. however you live and learn. Hopefully this review will give whoever is reading it a better understanding of the mentorship. I will continue to stay in the group, since I paid the price and update my review if things change.

1 November 2022
Unprompted review
Millennial Wealth Group  logo

Reply from Millennial Wealth Group

Thank you for your review Liam, it is much appreciated. I will continue to be transparent and real with all our current and future members. The amount of growth and clarity in your charts over the past few weeks has been nothing short of astounding! Very excited to see how far you will go 🧿

Rated 5 out of 5 stars

Only 50% in and already life changing

I'm about 50% through with the mentorship and the way Izzy was able to transform my trading is absolutely astonishing. Due to his systematic approach i know exactly what i'm looking for each day, where we are sitting in terms of trend, orderflow and market structure. I have a lot of trauma due to my past failures in trading and little by little i'm able to overcome it with his approach.
A huge plus is how approachable izzy is. I've never seen a mentor who takes so much time out of his day to answer questions from the community.
I'm looking forward to finishing the mentorship and to many more successful months.

20 October 2022
Unprompted review
Millennial Wealth Group  logo

Reply from Millennial Wealth Group

Thank you very much for the feedback and review Nik. It has been an honour to see your transformation both on the charts and mentally since you joined the community. I judge myself and my performance off of how clearly my students are able to read the market, so I'm glad to hear you're finding the systematic approach beneficial and easy to follow. Well done on beginning to remove the trauma from your trading and I can't wait to see how far you will be able to take this skill!

Rated 5 out of 5 stars

When I first stumbled upon Izzy's…

When I first stumbled upon Izzy's channel "the alchemist" on YouTube, the way he broke down SMC in a clear way I had to ask for more. After watching his videos on YouTube for about 2 months, I asked him was he making a course and his response; to my luck was, he dropping one in about 2-3 weeks. MANNNNN was I expectant, because I was in a course previously and the main person running it was out of touch and the coach's were as well. After joining MWG we did a zoom for the first time and Izzy (the owner of MWG) was like a drill sergeant! but it was well needed because it helped me learned in a more clear way. Being in MWG for about 3 months now, the market no longer confuses me as to why did this do that, I can now see the market clearly for what it wants to do and capitalize off of that knowledge. MWG is a must.

16 October 2022
Unprompted review
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Reply from Millennial Wealth Group

Thank you very much for your review Marceau, it has been a pleasure working alongside you and seeing your growth. I may need to add 'Drill Sergeant' to my qualifications. I am extremely proud that you now able to understand and read the market clearly, that means I did my job. Looking forward to seeing how far we will go together!

Rated 5 out of 5 stars

A SYSTEMATIC APPROACH TO LEARNING FOREX TRADING

I have gone through many forex trading courses. Few have put in the work explaining the processes well. The Alchemist's Trading Mentorship has been the best so far. The dedication Izzy(Mentor) has towards his students is so encouraging, as well as motivates you to want to learn trading. If you have tried learning to trade and it did not work out, I am recommending THE ALCHEMIST'S TRADING MENTORSHIP to you. It is well tailored to your needs as a beginner, intermediate, or an advance learner in the trading business. I want to promise you that you will never regret signing up to this mentorship.

1 September 2022
Millennial Wealth Group  logo

Reply from Millennial Wealth Group

Thank you very much Mamani for your kind review! It has been my pleasure to see your growth on this journey and cannot wait to see all the success that's coming your way, well done!

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