October-November 2016: Large numbers of fake and highly suspicious positive reviews submitted for FxLifestyle.
March 2017 update: The FPA has determined that the majority of the fake reviews came directly from inside the offices of Fx Lifestyle, including fake reviews submitted by the owner of the company. Samir, you should feel ashamed of yourself.
The FxLifestyle.com review page claims the company has over 1000 happy clients. So far, not one legitimate review has been submitted.
The FPA recommends extreme caution dealing with FxLifestyle.com
Let other traders know if this service is worth checking or should be avoided.
Your feedback matters!
East London, South Africa,
Jul 7, 2020,
Worst experience ever!
Service use: Other
Length of use: Have not used
I have not received any payment after trading with him. Since he said he will be my trader, and do all my trading. I thought it was legit, until he asked a second amount of $570, when I already deposited R3500, 00 capital through the bank into "Luno app-Bitcoin".
He mentioned my Bitcoin account is pending. And needs the $570 so my account can be activated. Then I'll recieve my R30 000,00 worth money after 7 days.
Well, this was a massive lesson learned.
Sep 28, 2019,
would be a disaster if any one wishes to take the signals
Service use: Live
Length of use: 0-3 Months
I joined fxlifestyle last year and paid for getting the course and signals for 1 year. 2 weeks into the signals, not one winner. And the guy has the audacity to post "350 pips caught this week, all copy paste". Complete scam. I guess he isn't even a trader. I have screenshots of all the trade signals that were sent. Hardly 1 trade will be positive out of 10.
Feb 25, 2019,
This is a fake don't join this if you join you lost your money I lost my money so please don't join this
Dec 15, 2018,
Very poor product and service - a better marketer/salesman than trader
This is my honest review of his course + signals. Neither is good. The actual course isn't structured and is so basic, it's embarrassing. He doesn't really teach you how to trade, just what indicators to slap on your charts and "if it goes up, trade up. If it goes down, trade down". That's hardly a long-term effective way to earn money consistently trading. It's difficult to hear him speak and the course, for him, was an afterthought. There was no planning involved and its as if he just turned on the camera, randomly went back in trading history and picked out the "winners" and used past results to justify what "would've been profits". That's just not how trading works. Hindsight is always 20/20 and using technical analysis alone (since I joined his course and kept searching) is simply not the way true professionals trade.
Secondly, the signals. I actually traded the signals for 2 weeks straight on a LIVE ACCOUNT with REAL MONEY on the line. All of them. I missed not one, even when the bulk of them turned out to be losers, I kept trading them anyway because for me, I take trading seriously and I wanted to give the signals a fair shake. Before I could start trading the strategies in the course, I needed to make sure I could make money from his signals from the strategies he teaches. If what he taught in the course was truly effective, it would be proof enough for me to hunger down and study his strategies and practice. Seeing that, on average, you'd get 3 trades per day - mon thru fri - that's roughly 12 - 15 trades per week sent out. Of those, you'd get 2, MAYBE 3 winners out of 15. So 2 - 3 days out the week, you'd be in the whole up to 6 - 9% ASSUMING you trade at the recommended 1% risk per trade, which I did. Than you'd have ONE winner which gave you a 1 - 2% gain, but you're still negative 8 - 9% per week. If you do 2% per trade, you can double the percentage losses per week.
I'm not saying you don't lose in trading. You do. That's the cost of doing business, but when you're losing multiple days in a row when you get 2 - 3 signals per day makes for a very poor trader, if a trader at all.
Is Samir actually trading his signals? I don't know. If he is, there's no way he's consistently earning money overall.
I've since moved on to being mentored by real traders who are far better traders than they are marketers. In fact, they don't market themselves because there successful students recommend a lot of people and their business is built largely by word of mouth. They can't keep up with demand and are focused on trading and teaching how to trade forex like a pro. This makes it hard to find them because there focus is primarily on the skill of trading and being the best at it. I'm learning from the best and if there is anything I give FXLifestyle credit for, are his inspirational videos to be a successful trader even if the bulk of his profit isn't really from trading, I attracted the right people who do live that lifestyle from trading, it's just that you won't see the 'flashiness' from the truly successful traders. In fact, you won't see their face and they keep a low-profile (again, making them difficult to find) I feel like he's more of a very successful marketer, but that's fine. Although I wasn't happy with the course or signals and was told I couldn't get a refund, I did (going through clickbank) and we parted ways.
Again, the best part about this channel is the inspiration to LIVE this lifestyle, regardless if Samir is a professional trader or marketer. I visualized myself having and enjoying the nice clothes, cars and vacations, and fortuantely, I came across to multi-millionaires who are showing me the ropes. He DOES motivate people, it's just unfortunate that his products and services don't live up to his own hype.
The key, for anyone reading this, is FUNDAMENTALS. Technical trading is very, very difficult and very few people succeed because it's mechanical. But, what moves the markets ENTIRELY has NOTHING to do with parabolic sars, moving averagers or patterns. It has everything to do with Bank Interest Rates, Employment Numbers, strength of a currency relative to another and other ECONOMIC/FUNDAMENTAL/NEWS factors that allows a professional to accurately predict nearly 90% of the time the direction of the market. This is how true professional, multi-millionaire forex traders trade. They use technical analysis to help enter a trade, not as a reason for entering a trade. Human emotion moves the market, not technical analsys.
I hope this helps anyone reading this.
2 traders have found this review helpful
Feb 19, 2018,
Fx life.tyle is a scam. I joined his Course before and nothing but garbage. His course is very basic and covers things that even novice traders will already know. His signals were even worse because every single signal that was sent was all losers. Not one winning trade. I contacted for a refund and never got any reply so I reported the website to FCA . Do not join this website because all you will do is lose your money just like I did. There are good people trying to help just not fxlifestyle