My friend told me, there are only 2 group of ppl eligible to do Forex Trading in Malaysia:
1) Banks (eg Maybank, Public Bank, CIMB etc etc…)
2) Money Exchanger (as we seen a lot in shopping malls)

The rest of organization to ask u join their Forex Trading is penipu scammer…


Lowyat.net (unite against racism & penipu scammer)

Thanks…

This post has been edited by marine88: Oct 22 2015, 04:33 AM

my friend told me ts is scammer

Stupid ppl like TS attracts stupid ppl as friends.

Ok, then u got join what Forex group? How much profit u earned?

nope, according to law, u cant, but there are holes in the law, u can invest your money into some ppl who will do forex in other country for you for a fee. its like its illegal to play fireworks in malaysia, u order through web, then somebody in singapore aim and shoot fireworks towards your house from singapore.

why is it illegal to do forex?

I see, now I understand the behind scene of Forex Trading…

Becoz it will lead to decrease of MYR value against other currency…

Interested? Send me RM 999.90 and I will let share with you the secret of financial freedom!!

i beg to differ. i think it can g both ways

actually there are people asking for three times what u just asked and they still signed up. difference is u didn't sell urself well enough. at least, say ur some sort of expert la

The real experts don't call themselves experts!

forex trading that doesn't go through local bank is consider at the grey zone, it is not illegal to register and deposit money to other certified foreign exchange traders out there on the internet but it is not a written law, thus this is a grey zone

however it is illegal to ask someone to transfer money to you to invest in forex

Forex investment is halal or haram?

inb4 raksaksa sphagetti.com

Woi... Many 18 year old trade until buy audi a5.. U know or not.. They 25 achieve lambo level...

Report them to polis…

oanda.... >$999,9999

haih... msian education these days

why you no learn?



my friend = is always TS

"my friend curang" = TS curang

"my friend didi got problem" = TS didi got problem

"my friend cheat on gf" = TS cheat on GF and then kena kantoi

Open Wechat look-around, bunch of amoi cantik promoting Forex.
Still no idea what are they promoting, become down-line and earn money?

showsthousandRMonfacebook.jpeg

most of my frens that trade in forex do not convert to MYR after converting to USD

mohon pencerahan dan gambar thanks

how many can consistently make profits using forex trading against multi-million $ pro's

Yaya, correct!

Those farker everyday show off pile of RM50 on his Wechat & Facebook, is everyday show off…

Niamet, say ppl scam but dont give detail how the scam. TS is stuapiak as them

please open another thread

imo forex is legit but it's a lot of hard work.

Not so easy like those penipu ad, saying you can sleep while earning passive income..etc etc.

but still point is, forex is legit.

So, those ppl everyday show off money in Wechat & Facebook is legit business?

still remember that drive audi kena kidnap? ask for 50k also tak dapat give??
that from forex also and my fren team, keep share earn how many thousand per day at FB

Do you know the real reason why it's illegal and when it started to be illegal?

because financial trading fall under bank negara jurisdiction

they ban those who they can't have direct control over it

This one I not really sure…

Scammer only those who ask u to invest in them and u get ROI + profit in return.these are the ppl who always claim they know someone pro or claim himself/herself as pro.

Try to learn to trade by urself.its better.need to be strong both technical and fundamental.and need to be strong heart too so that u wont go retard and emotional

This post has been edited by lol~: Oct 22 2015, 09:38 AM

One "Forex Trader" who was trying to convince me to join could not even calculate the MYR equivalent of JPY when provided with the rates.

If open thread 'my friend buy lambo' means ts buy lambo

that one different case

that one is TS butthurt.

if those forex gurus are making good money from trading, why would they need to have classes to teach others?

want easy money , want show off only will fall for it . k bai time to work.

of coz forex trading are not that good for small investor, it is majorly being controlled by big shot (big fish).

it's better treat it like a hobby than a tool to earn money

forex scam is different compared to forex trading. u know forex then only u know if the forex company is a scam

I think the main point is most organization that invite you to join a pyramid scheme are using 'FOREX' as a bait.

forex actually can be done by anyone and NO need to recruit anyone. you can just trade forex at home. if you need more money just borrow from other people or bank. some ppl will form a small group to share experience. but that's all.

there's really no need to recruit strangers to invest in forex, usually it is a scam. there are a lot of people playing forex in Malaysia, but usually they don't recruit strangers.

T1fx is the best

Ts memang pandai

Have u heard about XLeric group in Forex Trading?

1 word: scam

https://forum.lowyat.net/index.php?showtopic=3687217&hl=

after 18 mth i join t1fx , i manage to buy my own audi car

trading your own account is ok. if forex is ur main income, then need to declare.

Baru Keluar gua ke? This scam exists very long time already

too bad i tak boleh buka and ply haha..

My scammer told me friend is ts

What about those actual Fx trading i.e. www.oanda.com

are they scammer as well? or the trading system actually has a backdoor to "take" your money?

one guy from my dept. told me he invested 6k in forex runs by a guy from sabah. i loled dalam hati that he oredy got scammed. then he ask me to join if he got the profit. till now waiting the profit. cukur he belanja makan when he tell me that fairy tale.

forex i rather go genting .

Or go buy Stock is better, right?

Wow, let's unite against all penipu scammers…

my friend = ts

pity that guy is a good person kesian kena scam. he is old guy didn't know much about scamming

invest in forex?? better take that money go genting la...at least u wont get scammed...confirmed got returns or losses...

definitely but then again, those who don't know stock yet played and got burned really bad will say stock is scam also

This post has been edited by hotjake: Oct 22 2015, 12:10 PM

r u good at Stock market?

can teach me some skill & guides?

u have money to burn or not in order to learn?

so KBKK

You can use a reputable overseas broker like IB, no problem to deposit or withdraw. Higher minimum than others though, 10k USD!

/k golden rules

Correct, so why involve a 3rd party?

Why not just trade FKLI or FCPO. Can make big money from these 2. Why worry about scams and make your own life miserable.

basically, in other countries like US, Uk, there are 2 forex broker company.

1 is the Electronic Communications Network(ECN) , is that every order that u put in, they will let it off in the forex market. The company acts as the middle man between one buying trader and one selling trader.
How the company earn? they earn by the spread between buying n selling.
How the introducing broker earn? the company pay the commision to the IB, similar to stock broker.


2 is the market makers, is that the buy and sell quotes presented in the market maker platform are determined by the broker, which means they are basically the bookie how the company earn? risk, one wrong mistake, the company could go bust. at the same time, if they are cleaver enough, they will earn loads. Means that if you trade buy, the company is choosing against you. so choose a more reputable market makers company if u wish to choose this type of company.
How the introducing broker earn? the company pay slightly higher commision to the IB, compared to ECN.

for the 2 two, u can notice that the introducing broker only earns from the clients order, and its only one level similar to trading stock and stock broker. Do you see stock broker everywhere try to call u up and persuade u to buy stock or become their downline? everyday ask u yam cha try to brainwash u buy stock? or give free stock trading seminar? or everyday post on social media that he is rich and drives an expensive car and ask you to become a stock broker?

there is a third type, this broker(most that you hear about from ur friend who is not in financial field or was never involve in stocks and dont have a degree in finance)
which is pure scam. which is whatever orders you put in is basically dont exist, everything is just for show. if u lose in a trade , they will take everything, if the client earns from a trade, they will selectively pay the clients. Some selected trader will get the earnings in their hands and some wont.
the one who gets the money will vouch that this is no scam, coz i got back my money.
this will create a fake illusion, that the company paying all the clients. So everyday they will show the same few customer , wah, he goes into the market for one week nia, can earn rmxxk, see i show you the customers cheque.
if you think properly , would a professional broker expose the clients earnings on social media for all to see? he would get sued for doing that.
why you never see people complain they didnt get back their money? because all the IB will try to drag that person down, giving him no credibility . Some 'loyal' client will come and vouch with their lives that they did get paid, so whatever u say that company not paying is untrue.
You have to understand peoples natural behavior. Just imagine you withdraw some money, but u didnt get it. you will usually call up the IB to complain, if nothing happen, you will go the the company to ask about the money, if unsuccessful, most , around 80% will just curse ,***, kena scam liao, just take it as a lesson and just shut up about it. 拿钱买教训。 the rest of the 20% will try to report to the authority, its also useless coz most of the companies that u trade with are from oversea, and it is not part of their jurisdiction. try to complain online, you will kena bombard by IBs and loyal clients. let just say that will you or your friends kena scam by MLM scam, will you go around tell all your friends and relative that you got cheated? you wont, you are scared that all will laugh at you and think you are stupid.
Think properly and look through all the illusion, and you will be safe from all type of scam.

Do korex lagi besh. Den got funny smiao.

i already give him some hint that he supposed to get what i mean.

I think of coz u look at those ah bengs driving lambos and ferraris are not convincing at all lor...not even sure if they r doin illegal money laundering like the Geneva Gold last time. Should be similar...

trading forex with half nenen amoi is worth it

drill of half nenen amoi ?

bcos at the same time he was giving me hints that he might f'd up saying that he just wait for the profit to be banked in and if no transaction, what to do..let it go only..

that is why they self proclaimed expert earns more than you cuz they have balls to call themselves expert.

because myr isn't attractice currently. Deregulation will make it more attractive

lol because of the supposed act of george soros? well, our currency has fallen even lower under najis. someone should control him.

Lol... no....

You don't see Zuckerberg calling himself an expert of social media right?

nowadays forex oso got mlm style already...cibai fren ask me to invest 1k usd under him
every month get 20% guarantee, lanjiao pundek tat fella

This post has been edited by lorrydriverrocks: Oct 22 2015, 07:32 PM

you could done it yourself by open account at another country.

or even local bank website

no shortcut to earn money yo, why can't people learn this

surely, u can detect sarcasm in my previous posts.

Sarcasm 404

k 303

efzinitus anyone know about the company?