States.ke, real name Frank Elijah Otieno, is a Kenyan content creator and a self styled professional forex trader. He is the founder of State Fx Academy. In a video he shared on his Tik Tok account, States stated that his academy offers “training from beginners to advance financial literacy and mentorship”.
He is known to show off his lavish lifestyle from forex trading proceeds .
In a past interview with Presenter Ali, States and his wife told their story and how he supposedly became a millionaire at only seventeen years of age.
Here is his story as told by WoK.
Education
He went for Primary school education in Huruma at Huruma Primary School, and completed primary school when the post-election violence broke out in 2007.
States, who describes himself as a headstrong individual, claims that he has never smoked marijuana or drank alcohol in his entire life. This is even when he was surrounded by so much temptation from his peers when he was growing up.
In the interview, States mentioned that he was a stubborn child in high school, always itching to sneak out of school and engage in mischievous activities.
Unlike other children who wanted to be professionals in careers like medicine and engineering, States wanted to be a business. This is what informed his choice of course when he attended the KCA college in Nairobi.
Life in college was not a very easy one, especially because of his humble background. He was not able to afford the things his classmates could afford at the time, and even getting and maintaining a romantic relationship was a problem.
Keeping in mind the poverty that was back home, and seeing his father struggling with his job, he decided to do something to change his situation for the better.
States.ke Making First Million
After a substantial amount of research online, he landed on writing assignments online. That is when he came up with the idea of coming up with freelance writing accounts, growing them and selling them to writers seeking to get good accounts.
He revealed that he sold an account for about Ksh 150,000, of which he could sell even ten in a day, making about Ksh 1.5 million in one day.
That is how he was able to make money and free himself from the shackles of poverty, at only seventeen years of age.
From the proceeds he got from his new found business, States was able to build his mother a house upcountry, build his own ‘bachelor’s house’ and bought a car worth Ksh 1.2 million.
Since then States.ke has been able to establish himself as a businessman, venturing in other forms of business.
States.ke Forex Trading
States.ke has become one of the most visible faces in forex trading. He credits the German machines he drives and the multi-million addresses he owns to his prowess in FX.
In an interview on People Daily, the forex trader said he wanted more than just academic writing prompting his decision to transit to online trading.
“I didn’t make myself comfortable while in academic writing, but kept on digging much into the internet, networking here and there, and that’s when I came to learn of online trading”, he told PD.
He went on to add,
“Some young men and women from countries such as South Africa and Nigeria were doing well in crypto and forex trading. That encouraged me to pursue the knowledge and skills needed in trading”
Truthwatchdog
The Truthwatchdog has come out to claim that these so called forex professionals are scammers baiting unsuspecting Kenyans with their expensive cars and houses.
According to the Tik Toker, this FX traders don’t own these cars or houses.