KingPips.com Review

Review Moderation Note: We have received word that Happy visited Kinn's room for 5 days and was never employed there.

LOL I can't even begin to describe the scams going on here with KINN and HAPPY, especially when they try to book two pips as profit on a 4pip spread pair, no one will be profitable in the long run. I saw a tradetracker with 1pip profit and they had the balls to post that to keep their 100% perfect trade tracker!!!! Save your money and buy a dedicated forex course to teach you how to trade, and you will be much better off and your account will thank you as well.
SCAM SCAM SCAM SCAM SCAM SCAM SCAM

I am actually enjoying this room. My account balance speaks for itself. This month (May), my balance has grown 6.2%, thanks to Kinn!

I dont need to say more! Cheers mate!

I absolutely agree with William's post below.
Here are the results of the most recent trading day by KingPip aka as Kinn vel Hakuna Matata. 241 2008-05-13 Frankfurt GBP/USD Long 1.9552 1.9537 -15.0 -15.0 1%
242 2008-05-13 Frankfurt GBP/USD Short 1.9521 1.9513 8.0 8.0 1%
243 2008-05-13 Frankfurt GBP/USD Short 1.9526 1.9513 13.0 13.0 1%
244 2008-05-13 Frankfurt GBP/USD Short 1.9534 1.9513 21.0 10.5 0.5%
245 2008-05-13 Frankfurt GBP/JPY Short 202.31 202.40 -9.0 -4.5 0.5%
246 2008-05-13 Frankfurt GBP/CHF Short 2.0352 2.0359 -7.0 -3.5 0.5%
247 2008-05-13 London GBP/JPY Short 202.28 202.58 -30.0 -15.0 0.5%
248 2008-05-13 London EUR/USD Short 1.5508 1.5528 -20.0 -20.0 1%
249 2008-05-13 London GBP/JPY Short 202.25 202.12 13.0 13.0 1%
250 2008-05-13 London EUR/USD Short 1.5510 1.5497 13.0 13.0 1%
251 2008-05-13 London GBP/JPY Long 202.30 201.85 -45.0 -22.5 0.5%
252 2008-05-13 London GBP/USD Long 1.9555 1.9490 -65.0 -65.0 1%


Please read the PipSnipers review on FF if you still even consider handing this crook your hard earned money.

This service was supposed to have been free through May 14 but everyone seems to have been locked out of the room this afternoon. Whatever you do, do not send your money to this service or to Kinn for any trade calls. First, you have to be aware that Kinn was involved in Pip Snipers. You absolutely must look at the Pip Snipers reviews here. Pip Snipers was an absolute scam. Kinn claims that he was a victim of Jason but it is indisputable that Kinn pocketed $143,000 from subscription fees paid to Pip Snipers. Pip Sniper's paid subscription service lasted one month before it closed after providing horrible losing calls and permanently banning everyone from the service who ever complained about or questioned anything. PS was a total scam. After PS was closed Kinn opened a "free" trade room for the past 6 weeks to try to prove that he was a successful trader. Kinn brags about a trade journal at Forex Factory where he claims to have won over 4,000 pips in some months which is amazing since he could not trade successfuly at Pip Snipers and cannot do so now at KingPips. If you just take a quick glance at Kinn's KingPips Trade Tracker, you might think that he made profitable calls but that would be a false assumption. I was in the trade room everyday and watched the calls. First, the pip totals do not account for slippage, spreads, or commissions. Just as with PS, people constantly complained that the prices Kinn called were never close to the prices they could get. Any "win" of 5 pips or less was a losing trade for most people because of spreads and commissions. Next, notice the huge number of trades Kinn took each day and the small average "win" size. For the month of April, he averaged 4.1 pips per "win." With spreads and commissions, those were losing trades in reality. Kinn claims to trade "his style" but I have no idea what that is supposed to be as it changes constantly. Look at today, May 9, for example. Kinn's favorite pair, the GBP/JPY was in a strong downtrend. For some unexplained reason, Kinn continued to try to short that pair and took losses of 60, 41, and 36 pips. The last loss of 36 pips has not been put on the Trade Tracker but I was in the room when he called that last countertrend trade even after several customers complained about the countertrend losing trades. He just said, "that's my style" and took another large loss. If he had followed the trend and shorted that pair at that time the pair moved down another 100 pips. Amazingly, he had given the customers a stop loss that time, something he rarely does. He normally just says "the stop loss is a reversal" but he never defines that term. So Kinn lost 72 pips today trying to guess when the GBP/JPY would reverse and go long instead of riding the strong trend for profits. I think the reason the trade room chat is locked is because people started to complain in the chat today about his horrible trade calls. Kinn also insists that you use his "money management" techniques which means that if you have a $10,000 trading account, you usually trade one half of a mini lot, or 50 cents per pip on each trade, so you don't make any real money on even the few winning trades. He kept claiming that he was going to increase the percentage of account to be traded but he never did go past occasional one mini lot trades. He kept talking about 2, 3, even 5 mini lot trades but they never happened. Kinn is good at talking, he's just not good at trading. The bottom line is simple: RUN AWAY FROM ANY SIGNAL SERVICE PROVIDED BY KINN. If you do not heed this advice, kiss your money goodbye.