Is My Forex Lifestyle a Scam? What You Should Know
There is this program that I have came across recently called My Forex Lifestyle and it supposedly teaches you how to make easy money trading FOREX. But is this place trustworthy? Or is My Forex Lifestyle a scam just like the many others in this industry that promise you riches but leave you high and dry?
There has been a lot of hype recently around this program mainly because there are some big-time online marketers promoting it. That is how I came across it in the first place. But anyway, I decided to take a look into it and see if its the real deal or a phony scam. In this review I’ll be going over what I found out and what you need to know about this place.
My Forex Lifestyle Review
My guess is that you are reading my review here because you are suspicious of this program. After all, the entire point of this review was for me to look into this place and determine whether it is just a scam or a legitimate opportunity.
And its a good thing you did a little extra research on this because its not exactly as you would think it is if you watched the sales video.
That is one of the big problems with the forex industry… or I guess I should say its not a problem with the forex industry but rather a problem surrounding the industry. There are just a lot of scams because of the nature of forex trading and how its possible to make quick cash.
But anyways, let me get back to this review…
What Is This Place Really?
My Forex Lifestyle is just a cover for another program. Its nothing more than a website that was set up to funnel you into a program called CopyProfitShare, or CPS.
And CPS is a FOREX trading training platform that was created by a trader named Nenad Korof. If you join this CPS program you get access to training and live webinars where Nenad shows you how he trades and teaches you when you should put or call.
The Reason There Is So Much Hype
The reason there is so much promotion going on for this program right now is because online marketers can make good money off of getting people to buy into it. Most of the promotions you see online come from people that probably have never put this training to the test. They are simply promoting it to make money.
CPS has an affiliate program where you can make good money getting other people to sign up.
The thing is, although you can get started for as little as $1 (as they tell you), you will still need to fund your trading account to really get started. And Nenad refers you to recommended brokers to open trading accounts, which probably means that affiliates are earning more money from the money that you deposit before you make trades.
Should You Trust This Program?
I want to make it very clear that I have not tried and tested out this program. I am simply doing research and giving you important information that I find.
One of the things that I found is that there are a heck of a lot of complaints on this CPS program and the man behind it, Nenad Korof.
There are people claiming that he isn’t any good at trading himself and that in the live webinars he only shows you trades he won, but fails to show the high amount of trades that he lost. If this is true then this would destroy the credibility of his CPS program which hinges on him being a professional trader that knows what he is doing.
The are also plenty of other review I read claiming that the program is a total bust and that it simply isn’t profitable.
Whether all of these negative reviews are accurate I do not know. As I said, I have not tried the program. But what I can tell you is that there are a multitude of reviews claiming the same thing so this makes me very uneasy. But then again, even if this program was 100% legitimate there would still be people complaining because they can’t follow the training and do what they are supposed to do.
Final Thoughts & My Recommendation
Ok, so My Forex Lifestyle doesn’t really exist. Its just a funnel website set up to get you to buy into Copy Profit Share, which is a Forex trading training program. And this program is not what you would call a reputable program due to the high amount of negative reviews.
Whether this is a scam or not I do not know. Many programs that I review I give you a Yes or No answer, but this is a little more tricky. I just don’t know. All I can say is join this place at your own risk. There are a lot of people that lost money with it but it could be that they just didn’t follow directions. Or it could be that this places is a scam like the many other forex scams out there including Profitable FX System and Intra Forex Profit.
As for me I won’t be joining and participating in this program. Its not worth the risk and I am already making good money online. If you are interested in learning how I make money online, which has nothing to do with forex trading, then you can click here to learn more.
Comments, questions, concerns??? Leave them below in the comment section and I’ll get back to you soon 🙂