FXLifeStyle

FXLifeStyle
  • Honesty
  • Quality
  • Cost
  • Support
  • Verified Trades
  • User Experience
1.0

Summary

FXLifeStyle is ‘trader porn’ on steroids. Images of exotic sports cars, piles of cash, screen shots of supposed winning trades, gold watches, fancy vacations, fake investor reviews…its all here. And its all nonsense.

At first glance, most folks would spot this as an obvious scam. But remarkably, TradingSchools.Org has received 12 complaints since January 1, 2017.

Somehow, someway, this clever con artist continues to fool investors typically aged 18-25.

For this Forex auto trading service, the end result is entirely predicable. He wins, and you lose.

The owner is a sad and pathetic human being that should be hunted down and treated like the animal that he is.

Thanks for reading today’s review of FXLifeStyle

What is FXLifeStyle? FXLife is a Forex educational company, also offering a trading signal service. The owner of the company is a person named Samir, and is currently living in London, England.

The company is offering the following products and services:

  • Forex educational course $129
  • Daily Forex Trading Signals $40 per month.

FXLifeStyle is currently occupying the following social media profiles:

It appears that FXLifeStyle first arrived on the Forex educational scene in late 2015.

FXLifeStyle is pure trader porn

If you took a moment to view any of the social media profiles, you will notice that nearly every image is of Samir samir of fxlifestyleflashing stacks of cash, standing next to a Ferrari, flashing a gold watch, drinking champaign, or lounging in an expensive hotel suite. Flaunting his supposed million dollar lifestyle.

Most TradingSchools.Org readers are probably already laughing at this outrageous douche bag. He embodies the very worst stereotypes of a rich and successful trader.

Many readers are wondering why TradingSchools.Org is writing about this ridiculous con artist. Why even bother?

Well, you would be surprised…TradingSchools.Org has received 12 complaints since January 1st. Truthfully, after the first couple of complaints hit my email inbox, I thought to myself–whom would be gullible enough to actually fall for such a blatant fraud?

After examining the IP addresses and emailing the victims, I discovered the following:

  • 3 victims in Australia $9,000
  • 2 victims in Southeast Asia $4,000
  • 4 victims in the United States $11,000
  • 3 victims in the United Kingdom $6,000

How the FXLifeStyle scam is executed

Several victims randomly discovered the scam through aggressive postings on ForexPeaceArmy. The remainder were introduced to the scam via clever social media marketing.fxlifestyledouchebag

The scam begins with the victim being dazzled with images of cash, expensive cars, and suggestive videos of laptop computers displaying Forex charts.

The victim then follows the primrose path to a supposed ‘real’ trading performance page that is posted here.

Once the victim is ‘hooked’, they are then required to open a Forex trading account with one of several different Forex brokers. All of the Forex broker links are affiliate links.

What readers are probably not aware is that the Forex broker typically pays $250-$500 per each newly opened account as an affiliate commission.

Additionally, the affiliate earns additional income from each trade that is executed through the affiliated Forex brokerage account.

Steady stream of random trades

Once the account is opened and ready to begin trading, the victim then receives a constant stream of trades that arefxlifestylecar ‘copy and paste’.

The victim believes that he/she is receiving excellent investment signals. But the truth is that the signals are random signals generated with the sole purpose of generating additional trading volume for the affiliate marketer.

FXLifeStyle could care less whether you win or lose. They just want you to ‘churn and burn’ your trading account into pocket change.

Yes, some folks will be winners. This is a result of random chance. If the victim is ‘lucky’ enough to begin trading the signals and actually begins earning profits, then FXLifeStyle immediately begins pitching additional trading signals (super secret signals) that can be auto-traded. But in order to gain access, the victim must deposit additional funds into the trading account.

The largest victims of the scam started with very small forex trading accounts. Once a few winning trades were executed, they were only emboldened to deposit larger and larger sums through their credit cards.

Eventually, the Forex broker begins to win and drain the account. Low and behold, the Forex broker will then offer an account bonus of 20% to 50% for any additional deposits.

The end-game is to drain the credit card of all available credit. The victim is left with nothing.

Wrapping things up

TradingSchools.Org has written about many of these Forex trading scams. Too many to recall. The connecting link is usually ‘trader porn’ or some other form of lifestyle marketing.

The victims usually fall into the same category; a young person aged 18-25 with little financial sophistication.

Thanks for reading. Sorry if I wasted your time on this one. But the complaints started to pile up, so I had to write something.

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19 Comments on "FXLifeStyle"

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berzerk
Guest

Hi Emmett,
I’d like you to investigate the Wizards I mean the likes of Linda Raschke, Jim Dalton, Mark Minervini etc. All these reviews are for small caliber guys….

Rob B
Guest

“small caliber”

These folks combined have probably ripped people off for millions. So not so caliber if you were one of the folks they ripped off.

berzerk
Guest

I thought somebody would bring this up but many people were drawn to trading by the Market Wizards books. Then when they couldn’t make money their own way they’d turn to educators. There’s always the argument that yes, all those desribed by Emmett are liars but the wizards are real deal.

Amitc
Guest

+1 for wizards in market wizards series. I always wonder if they all were really good in trading or was it all cooked up, as have heard not so good stories about many of them.

Tom
Guest

There are more and more of these bozos each week. I am noticing some even joining forces to mask their history and make it easier to move from place to place.

As long as the markets remain strong and active , it will lget worse before it gets better.

Nice job finding another douche bag …

James Mincell
Guest

Finally, emett is going after more and more of these forex turds but this is only the tip of the iceberg this niche is riddled with scum. I love how the results section is typical of most of these guys http://www.fxlifestyle.com/FxLifeStyle-Forex-Results/ no verified portfolio links just profit screen shots from a demo platform or phone. 40$ a month what a joke baby pips has more info than this guy will ever give.

Mike M
Guest
Please tell me these guys will end up in jail with a new prison love affair. They deserve no less. Oh but wait, why ask for proof right. Just like the Axia futures post, no need to show proof. This business holds everyone to high standards. Emmett I think we reached a point where no reviews are necessary anymore. This business is 100% scam artists. Low life douche bags, that couldn’t get a job or even pass a course at a community college. The true dredges of society. Please people wake up before you risk your money anywhere. All of… Read more »
Amitc
Guest

” Emmett I think we reached a point where no reviews are necessary anymore. This business is 100% scam artists.” I have been thinking about this since some time & i totally agree with Mike, just reviewing trading rooms with same results will/is making this website stale. I think Emmett should include more of other topics like discussing strategies ( like he has done a couple of times) , talk about trading products (like he did for datafeed providers) etc etc. Maybe have a poll page on what readers would like.

Mike M
Guest

Amitc,

Wow I am surprised thought I was the only one. Definitely would help to expand content. The chances of catching lightning in a bottle …..as Rob would say…..has the same odds as winning power ball. However, it still provides a service for someone that is not privy to the level of deceit in the business. It is necessary, but for veteran readers, it has gotten stale to read about the same strategies used to bilk retail. Emmett truly is providing a valuable service and I commend him on that.

Rob B
Guest

Mike M,

Here is the really sad story, even with all these articles folks post, “Can you please review Con Artist (my words) Trading Room X”. Like somehow all the other ones might be scams, but this one is not. So until no one ever post that again, Emmett’s job is not done.

Mike M
Guest

Rob,

I said it is necessary for Emmett to continue with reviews for exactly the reason you stated. People just don’t know what they are up against, the den of thieves. However, Amitc made a great point about adding diverse content. The only problem he will need more vigs. LOL.

Cyn
Guest
Oh Rob, please just stop it right there. Wait a holy minute. My FantasyTradeRoom dot com has not yet been reviewed, so all of you who cannot trade should not be stopping Emmett from endorsing me, because I know how awesome we are. Just to remind all of you who have forgotten, here is what our awesome room is like. “Lord knows, after being on this blog, I now know that there is nothing I can say that is too outrageous to get the suckers (ahem, “valued customers”) to just hand over their money for some of my nonsensical promises.… Read more »
Rob B
Guest
“This business is 100% scam artists. Low life douche bags, that couldn’t get a job or even pass a course at a community college. The true dredges of society.” About time!!!! Last time you were at 99% or 99.9%. You would think that an industry of nothing but swindlers the regulators might crack down. But I am starting to think if they did that then they would not have that cushy Gov’t Job with all those sweet benefits. And if you think it is bad in US, gee in some of those countries there seems to be almost no regulations.… Read more »
Stray Dog
Guest

His recommended brokers are located in Tbilisi, Georgia which is a Eastern Europe as you can possibly be and also in Limassol, Cypres. Both Georgia and Cypres are well known locations for fraudulent FX brokers. What Emmett hasn’t mentioned is that even if the victims made money if they try to withdraw it they will be met with excuses, silence and finally refusal from the brokers. You may as well spend your money on wine, women and song at least you’d have a pleasant memory.

StrayDogTrades trader porn attached.

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