ForexTrendLineStrategy.com Review

1.08 • 17 REVIEWS
Out of business Kelvin Lee
Updated: Apr 13, 2022
Website is down. Company seems to be out of business.
Other Kelvin Lee's websites include ForexTrainingClassroom.com, CurrencyTradingUniversity.com, ForexIndicator.org, http://bonuscrate.com/g/2032/10437.
ForexTrendLineStrategy.com
Out of business
1.08 • 17 REVIEWS

Recent User Reviews of ForexTrendLineStrategy.com

V
Valman
Bucharest, Romania,
Jan 24, 2021,
Registered user

Kelvim Lee (KL) is a professional scammer

Service use: Live Length of use: 0-3 Months
Everyone else here is right, Kelvin Lee (KL) is a scammer. I venture to say KL is a professional scammer as he's been in the Forex market for at least ten years. I've been subscribed to his newsletters for years and all seemed good until I decided to take on one of his "promotions" during 2020 Christmas holliday. Big mistake! The promotion was about joining his Trade Copier service for free for 60 days on condition that I buy his Forex Trading Course valued 97 USD. Also, he claimed to pay back any losses, by PayPal, at the end of the month. As all seemed good, I joined his Trade Copier service, through 4xsolutions.com website, with a 500 USD live account, and I started to watch his trades. In the very first day, Dec. 31, 2020, after 8 trades, my account was down about 20% (95 USD). I became mistrustful so I dsconnected my account from his service but I continued to watch his trades on the 4xsolutions website. It was incredible, 98% of his trades were losses. His trades seemed erratic and made no sense. After two weeks, his trades' balance was minus 81%, and after three weeks reached minus 94%. When questioned about this and the fact that he promised to pay back the losses KL stopped responding to emails. On his websites (forexindicator.org, forexstrategytraining.com, forextrainingclassroom.com, etc.), KL claimes to live of of Forex trading but seeing the way he trades I'm sure its a big lie. I felt like he trades using demo accounts and doesn't care if he losses or not. Many trades were left open many hours or over night and even though they went through pretty good proffits he didn't close them in profit !!! I think he lives of commisions from affiliate programs with the brokers he promotes and from selling his Forex Trading course. He sends out "promotions" almost monthly. I lost 95 USD (lost trades) because of him but I heard that, unfortunately, other people lost much more money than me. I hope honest traders who think of joining KL's trade copier service come across these reviews. I also hope that somebody has the means to stop scammers like kelvin Lee.

p.s. I have the print screens of all KL's trades from Dec. 30, 2020 - Jan. 22, 2021 if someone wants to take a look at them!
T
Thomas
Auckland, New Zealand,
Jan 5, 2021,
Guest

Scam

Service use: Other Length of use: 3-6 Months
Yes I agree with everyone else, kelvin Lee portrays himself, as a genuine, honest guy, not a scammer or marketer.. But he is a scammer..why? A few years ago I purchased, his forex mastery course, binary option mastery, and break the band strategy.. I have tried to log on to the site recently,and unable to.. but instead, have been redirected to his new site '' FX Street Training School "he is now promoting his new trade copier service.. I have emailed him multiple times asking to be allowed in to access the course material, which I paid for..but, like some of your experiences.. No response at all.. Stay away from this guy. Kelvin Lee is a scammer!!
1 trader has found this review helpful
D
diva
melbourne, Australia,
Jul 22, 2020,
Registered user

The signal service was at a total loss

Service use: Live Length of use: 0-3 Months
I signed up for the 60 day trial of the signal service. I was promised capital protection. He asked me to open an FPMarkets account and deposit the equivalent to $1000US. The signals were losing money, and at the end my account was down 90%. I have not been paid back. It was a terrible experience, He promised to pay back in 5 payments, and said he is not a scammer but I have only received a mere 18% of what I lost.
1 trader has found this review helpful
M
Mario
Winnipeg, Canada,
Sep 29, 2019,
Guest

Kelvin Lee = MAJOR SCAM

Service use: Live Length of use: 0-3 Months
Sorry I did not come and check the reviews here before... They are BANG ON!!
Kelvin Lee is a major scam, and he knows he's being found out. He never signs his emails with Kelvin Lee - only KL so you won't google and find him out, cause it can be hard to find.

ForexPeaceArmy currently shows that:
"Website is down. Company seems to be out of business"

But beware he is carrying on using other business names and websites. Here are some of them that I know of:
http://forextrainingclassroom.com
https://currencytradinguniversity.com
https://forexindicator.org
http://bonuscrate.com/g/2032/10437/
FX Street Training School

His published monthly profit reports will show you he's got about 7-8 winners, ~2 break evens, and ~2 losses - always in profit at the end of the month.
I subscribed to his "Trade Copier" service which is supposed to produce similar results, and quickly loss 20% of my account. He was trading erratically. On the first day, he traded the account 13 times:
3 winners and 10 losers.

I sent him the following email:
---------------------------
During the first 2 weeks of trading with the Trade Copier service, your system opened 73 trades. This kind of trading is completely different than your advertisement of the Trade Copier program where you usually list approximately 10-15 trades per month. Of those 73 trades, 52 were losing trades and the average lost is 22 pips. On the winning side, 21 trades open with average win of 12 pips per trade. This is a losing formula.

As such, I will not wait until I lose $1,000 to request for you to refund my losing.

Please let me know how you will be sending me the money that has been lost by your trading system, as per your advertisement. I’m attaching my trading statement for the past 2 weeks.

-------------------------------

His reply:

Do not worry, you are covered by the protection. You have to wait till the end of the trial and if you are still in the loss, I will refund you the money

Regards
KL

-----------------------------
He entices you by saying if you lose money during the first 1-3 months depending on the program, he will refund your losses up to $1000... now that I'm in that position, it's obvious he will not be refunding my money. To get to the end of the trial period, you now have to start paying for the service - approx $100/month. If you don't subscribe, what reason does he have to refund your money?

And to top it off, he trades a DEMO account on this Trade Copier service. I feel like such an idiot now for having fallen for this scam.

I normally don't do reviews even when negative, but in this case, I just must!
1 trader has found this review helpful
D
Don
Melbourne, Australia,
May 14, 2019,
Guest

Used his copier service....lost $2000. He is very slow to answer emails ,if at all.
Learn from his 'university' but do NOT trade on his recommendations .
Keep away
1 trader has found this review helpful
H
hizicpaint
USA,
Jan 23, 2019,
Registered user

The worst and not reliable

His claims are incredulous and not true. He paints a picture of his profits only and none of his losses. His website is the worst! It's so hard to navigate. www.forexindicator.org belongs to him as well.
1 trader has found this review helpful
U
unityoverzero
Singapore,
Dec 21, 2018,
Registered user

Kelvin Lee a professional forex scammer

I subscribed to his forex trade signal through a provider name as "Simple Trader". But before that, was asked to register with a forex broker known as Ava Trade and required to deposit USD $1000. Less than 3 weeks my $1000 was blown. His forex courses are simple and straight forward, but the way he trade with his demo account linking to my real money account were erratic and wild without strategies. He can have 5 to 8 trades on at any time. 20 to 50 lots per trade...!!! When trades hit stop loss, he will flip and buy the other way round. He was gambling away with my money. Like tossing a coin. He never replied to my emails.... he is a real scammer. Making a living out from affiliate marketing through product scamming and victimizing his subscribing members. Advice to keep away from this professional scammer.
1 trader has found this review helpful
N
Note8user
Singapore,
Sep 11, 2018,
Registered user

Account blown

I had given a review previously. Finally, my account has been blown by him. My own fault and wishful thinking hoping he will buck up ad make back my losses...

Nov 17, 2017 - 1 Star His demo account is down by 80% for Nov (from end Oct's balance) as of this point. I'm in massive loss now due to this. Let's see whether his luck has run out this time.

Nov 8, 2017 - 1 Star He uses a demo account to trade, sometimes trading with margin of in excess of 200x his account balance (e.g. he can open up to 5 trades of 40 lots each on his demo account balance of less than 100k), which many of us have no way to follow and kept getting margin calls.

No strategy to speak of, simply kept flipping the trades from buy to sell or vice versa when stop loss is hit, hoping to score a big win to recover the loss. Don't be surprised to see your account down by 30-40% in just a few days, with more than a dozens of trades (what strategy gives you so many entry opportunities??).

And yes, he will not answer your email once things is not favorable for him. All the reviews in his website are filtered to show the good reviews only (every post need his approval to be posted.)
L
looKK
Malaysia,
May 25, 2018,
Registered user

no doubt is a scam

His trade copier service make my account lost 50% in just two days (1&2/5/2018), my account are losing 78% month to date (25/5/2018), all his blog winning record are collect by lots of over trades( 5-10trades per day), just to collect the winning trades as record & earn the spread commission from broker, I have myfxbook record & don't mind to share it out.
F
fxrapido
Singapore,
May 22, 2018,
Registered user

He is definitely a scam. avoid him at all cost. www.forexindicator.org belongs to him. Waste of time!!!