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Forexlyfe Review 2024: Delve Deep Behind the Facade of Education

Forexlyfe Review

The Forexlyfe trading academy is an educational platform suitable for both beginners and seasoned traders. Its primary focus is to educate forex traders to become more profitable and learn about the most reliable strategies that lead to a financial breakthrough. 

However, not everything is as it seems and many things can be fabricated online to make it seem like a good option when instead, you will only waste time and lose money. No matter if you are a beginner or a seasoned trader, delve deep behind this education facade in our Forexlyfe review. 

About Forexlyfe

Soon after visiting the website, we were welcomed by a security message from Google that the page was unsafe. We had to check ScamAdviser and unfortunately, things are not looking good for this educational company. The registrar has a high % of spammers and fraud sites and the website appears to be hosted by a company with a bad reputation. 

This is not something you want to see when searching for a reliable company. However, we still decided to shed a bright light on this company by writing this Forexlyfe review. Similar to ProtraderAI, there isn’t much we know about Forexlyfe. 

The owner of the firm is Olanrenwaju Hazeez and despite their efforts to present as a reliable educational platform, the lack of transparency is evident. The firm mentions there are 10 years of experience behind them to present as an experienced company, however, like most of their claims, this one is also untrue. 

Company Type Trading Education
Legal name Forexlyfe
Regulation Not expected
Registered in London, United Kingdom
Established 2019
Website forexlyfe.com
Financial Authorities Warnings
  • No official warnings
Contacts
If a withdrawal is possible Depends on the broker;
Fees
  • Hybrid Course £350
  • Private Membership £700
  • Masterclass £1499
If Active on Social Media:
Investor Protection: None
Activity areas United States, Nigeria, United Kingdom, Canada;
Main threats Unfavorable reviews and scam accusations;
Main perks None worth mentioning;

Legal Information

Educational platforms don’t require a license because they’re not the ones providing accounts for trading and don’t handle traders’ money directly. However, the firm accepts crypto payments and claims that you will become a guaranteed profitable trader when unfortunately, that is far from the truth. 

There are multiple reports and Forexlyfe Reddit discussions about Facebook and how firms like Forexlyfe use it to scam investors. While the discussion isn’t mainly about the firm we are reviewing, it’s a great indicator of what to expect and how to protect yourself. 

Despite not needing a license to operate, we are certain even if they had one, they would still be an unreliable choice for traders. There are no security measures in place and the Google warning is a great indicator to not leave your card details on this website. Stay away from this fake academy.

Forexlyfe Features

Besides providing free training where you can get a glimpse of what is offered after you pay, there are three main courses you can subscribe to. All of them offer different ‘benefits’, however, after taking a look, they are not worth the money. Here is a breakdown of what to expect: 

Hybrid Course

It is a course that is designed to cover trading education programs, both information and strategy and ongoing support for traders of all levels. This course is beginner-friendly and you will learn everything you need to learn from beginner to advanced level. 

At the end of this course, you will be analyzing the market and taking your own trades and if you are not a beginner, this course will teach you how we combine retail, smart money, and other tools to increase your edge in the market. 

Private Mentorship 

  • Private Meeting With Fx Professor Or Forexlyfe Experts
  • Access to Discord Community (Fx Professor’s inner circle)
  • Coaching on the Psychology of Trading
  • Combination of Retail Style of Trading and Smart Money Concept
  • Trading Strategies and Risk Management
  • Bi-weekly Call Sessions
  • Monthly Zoom Sessions
  • Assessment and Certification

4-day Masterclass 

This Forexlyfe course is designed for traders who are prepared to step up their game; it is not intended for beginners. Take a four-day master class on forex trading training with an FX Professor. Here is what’s included: 

  • Four (4) days with Fx Professor
  • Get guided by the Forex experts
  • Combination of Retail Style of Trading and Smart Money Concept
  • Trading Strategies and Risk Management

Forexlyfe Reviews

There are a total of 45 reviews on Trustpilot, giving the firm an overall score of 3.4. The majority of comments are all 5-star reviews, however more than 10% experienced some issues. The Forexlyfe complaints focus mostly on one thing. Let’s see what traders have to say about this firm and its operations. 

One trader complained that he bought the course under the impression he would learn something, however, the course was not provided to the trader. Additionally, all other comments are focused on Facebook hacking. Apparently, after visiting the website, they access your computer and hack your social networks. 

After hacking Facebook, they start posting about themselves and promoting their services to lure traders into paying for the courses. No legitimate business can act this way, especially if hacking is involved. Stay away from this company as several traders advised their Facebook information was stolen. 

Payment Options and Process

All courses are charged as a one-time payment, which is not at all surprising. If they are really a scam like traders claim, getting your money is easier if they take it as a one-time charge. The accepted methods include crypto, local banks, and credit cards. 

The courses are not refundable due to providing some sort of a demo account where you can see what is offered. Despite their claims to be a reliable company, Forexlyfe is a scam and you should stay away. 

Weighing the Pros and Cons

Pros Cons
  1. None!
  1. Flagged as an Unsafe Website by Google
  2. Scam Allegations 
  3. Facebook Scam 
  4. Lack of transparency and reliability 
  5. Courses are Not Worth the Money 
  6. Unfavorable Trustpilot Reviews
  7. Suspicious Payment Opportunities

Can I Make Money While Trading Online?

Similar to this unregulated broker Zoomtrader, Forexlyfe is a scam you should avoid at all costs if you ever plan on making money while trading. Instead of educating you and preparing you to enter the trading world, you will just give away your money if you subscribe to the course. And with this, we conclude our Forexlyfe review. 

That said, reliable companies are hard to find in today’s modern age, which is why we established an amazing tool that can elevate your skills without having to rely on shady agents or educational platforms like this one. 

This potent tool can analyze billions of data points, provide insightful recommendations, forecast future price movements, and all that while you stay the decision-maker. Call us now and try AI.F for 14 days for free and experience the future in your hands. 

FAQ Section

What is Forexlyfe?

Forexlyfe is an educational platform supposedly offering forex trading courses but has faced allegations of fraudulent activities.

Is Forexlyfe a Legit Educational Provider?

Forexlyfe's legitimacy is questionable due to reports of scam accusations, lack of transparency, ScamAdviser trust score, and an unsafe website warning by Google.

Can I Learn to Trade Forex With Forexlyfe?

While Forexlyfe claims to offer courses for trading education, it has faced numerous allegations of scamming traders and lacks credibility in providing reliable education for forex trading.

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