I am suprise that nobody mention before about gwgfx in this thread.

Basically gwgfx case is just like this so called investment.

You invest a certain amount, have a lock in period for your capital, guarantee 10% profit montly and also invest in forex.

Gwgfx stay for 1 year only and after that stop paying profit and you cant withdraw your capital too.

All the so called investor now only just "pasrah" of their losing money.

Suprisingly, this gwgfx scam even crashed without the bnm raiding.

It is popular in flyingspaghettimonster forum you can search for it.

Oppps, top management all got caught, die

There are a few flaws which I found. I am not saying that they are a scam or not, but I am just going to tell what I found. I am quite familiar with Myfxbook as I am a forex trader myself, I used to set up an account and used their explorer.

This is the link to Maxim's Myfxbook - http://www.myfxbook.com/members/MaximCapltd01

1. They have 123 funds/accounts running under their company. That is just too many for a company to handle, unless they are using a common automated strategy, which I don't think they do as they stated they are manually traded.

2. All of the funds' track records are not verified (I didn't check all accounts, but I checked many and all of them are not verified). It means that there is a possibility that the user could supply a wrong information to myfxbook. In order to verify, you have to link your broker (through MT4) to myfxbook. A legitimate fund will have its track record verified.

3. The broker which is being used by Maxim is MAXIM Trader, which I believe is owned by Maxim Capital Limited of this thread. This is very unreliable as they could manipulate the data of their trades to make it look profitable. They could do whatever they wanted as they are the broker themselves.

They could be a legitimate investment company, or not, I am not sure.

Be careful.

Reference: http://www.forexbrokerz.com/news/ten-signs-fake-myfxbook
http://forums.babypips.com/newbie-island/5...k-accounts.html
http://www.myfxbook.com/help#help_34

Think twice before u invest.... See the link at below

http://v.ifeng.com/news/society/201505/014...c6ecce7ef.shtml

http://m.chinapost.com.tw/taiwan/2015/05/3...ent-company.htm

http://rilek1corner.com/2015/06/02/beware-...s-in-singapore/

This company already close shop right? I have relative invested, and couldn't get their money back.. Any victim here?

Since this kind of ponzi scheme appears to be long history year to date. Now I guess mostly ppl know the official one or the ponzi one.(Gurantee return. zzz)

So I got further question.

Anyone knows any official bank/party to trade forex?

I mean trade like in meta trader 4 but secure one.

No hanky, panky.

What I faced is I open account with 10k MYR to USD at exchange rate 3.4 tat time at 2012/2013 (cant recall). This year I tried to pull out the money and it is refunded to me at 3.4 rate instead of 4. [My case pretty luckily as I still able to get my money back but I am a real trader, need a saved party to really do trade.] Oh ya, to be added, I did trade but not the guarantee return thing. But am still rookie.

I try search online; all the bank allows customer trade thru their own forex exchange platform.

Basically it's like fx exchange at physical shop but u do it online, exchange ur banked amount of money from 1 currency to another with validity period/maturity period.

I wan something like meta trader, trading in earning/losing of the up/down of the pair currency.

This post has been edited by OldKidz: Sep 13 2016, 10:13 AM

The problem with trading with the banks is they do not give you leverage.
You could barely make money without leverage.

Exactly, tats why I am looking for one tat with leverage plus secured, for trade (not for guarantee return).

Anyone?

This post has been edited by OldKidz: Sep 13 2016, 10:12 AM

You can, provided that you have lots of money. You could open up a prime brokerage account. I read Maybank offers one of the lowest, around 10 Million minimum deposit.

LOL, if got that amount of money. I would know the answer for sure. People would come approach me to open one. =.=" Ironically...

Dont talk to me about Dubai award. Was closely associated with Pauziah Fitgerald when she brought Maxim to Australia. Went to Dubai. Was only one of the few, and I mean virtually the only one, to go. A show for Forex Platforms and Maxim buys a booth there. Talk about not understanding things. You buy a booth and you got an award. Simple.
They even used a photo of me with those running the booth on their website. Guess they wanted a Western Face in the picture as not even Fitzgerald was used on their site (she is Malay). At the time they were trying to get investors from Australia.
Sure got a payment. But next payment never turned up. I also noticed that Pauziah Fitzgerald's acc names had been changed ( something that is not supposed to happen).

Now cannot access my acc any longer.

Pretty much thought they came across as Chinese Gangsters when I talked face to face with them in Dubai. Said as much to Fitzgerald at the time.
Now after all thats happened, pretty sure she was scamming me as much as them.

BEWARE!!!

Now who said they wanted evidence? I was intimately involved, and even their Legal Officer bugged out very soon after.

Please post whatever evidences you have.

http://www.thesundaily.my/news/2017/06/28/...rader-investors

holland...