I’ve been trading forex for about 8 years now and have become reasonably successful over the past few years.
Lately I’ve been thinking about starting a business around helping newer traders who are interested in learning forex trading or looking for a potential remote side income skill.
My idea would be to offer free 1-on-1 mentorship/training and teach people everything I’ve learned over the years:
trading basics psychology and discipline risk management building a strategy common beginner mistakes prop firms/funded accounts how to actually approach trading realistically
The long-term business model would be through a broker partnership/affiliate relationship. Essentially, if someone eventually decides to trade live, I would recommend a broker I’m partnered with and receive compensation from the broker instead of charging the student directly.
From my perspective, it feels like a win-win:
the client gets free guidance/community/support I can monetize without directly charging beginners upfront
So far I’ve only worked with one client — a friend of mine — but he’s found a lot of value in working with me and it’s made me realize there may actually be demand for this type of mentorship/community if it’s done genuinely and transparently.
My problem is marketing and trust.
The forex industry has a terrible reputation because of all the scammers, fake gurus, rented Lambos, signal sellers, etc. It feels really difficult to break through that noise even if your intentions are genuine.
I feel like I could provide real value to people, but I honestly have no idea how to consistently meet potential clients or build trust online.
Curious if anyone here has built something similar, or has advice on how to market a service/business in an industry where trust is such a massive barrier.
submitted by /u/Just_Advantage9166
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