QUOTE(johnnyzai89 @ Oct 10 2019, 03:58 PM)
What do you mean by for real?How To Check Your Forex Broker Is Genuine Or Scam, Real FX Broker VS Scam FX Broker
How To Check Your Forex Broker Is Genuine Or Scam, Real FX Broker VS Scam FX Broker
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Oct 10 2019, 07:13 PM
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#101
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Senior Member
1,229 posts Joined: Jan 2003 From: Penang |
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Nov 15 2019, 04:14 PM
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#102
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1,229 posts Joined: Jan 2003 From: Penang |
QUOTE(jack2 @ Nov 15 2019, 09:57 AM) The most successful scam few years ago was the gold investment offering 3-4% a month which lasted for 2-3 years then dabao. That's right. The one under Vanuatu. No question ask after you heard of TriumphFX, it's the oldest FX scam that non stop cheating innocent investors. |
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Nov 15 2019, 04:15 PM
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#103
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1,229 posts Joined: Jan 2003 From: Penang |
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Nov 15 2019, 04:18 PM
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#104
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1,229 posts Joined: Jan 2003 From: Penang |
QUOTE(Victorng13 @ Nov 10 2019, 02:38 PM) Hi Victor,You can follow this page for any future seminars. https://www.facebook.com/vesbolt This post has been edited by terrytan: Nov 15 2019, 04:18 PM |
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Dec 9 2019, 03:04 AM
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#105
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1,229 posts Joined: Jan 2003 From: Penang |
QUOTE(Cheryl7070 @ Dec 8 2019, 01:29 PM) I have recently been introduced to this : https://gfsasia.org Let's do the check list for this investment. Apparently this company is registered in Labuan. My understanding is any Labuan based investment or Forex company are prohibited to solicit Malaysian.Was told that it's legit and that there are lawyers and contract signing. I checked the lists in this website but it doesn't seem to be on scam nor legit list. Anyone able to advise? Thanks. 1: What license do they hold? 2: What service do they provide? 3: Which broker do they trading with? 4: Which court honour the contract since Malaysia do not have FX license? Generally, any investment come with lawyer or contract that involved FX is equal to zero. Always look for tier 1 license broker. |
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Dec 22 2019, 07:42 PM
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#106
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1,229 posts Joined: Jan 2003 From: Penang |
QUOTE(jack2 @ Dec 22 2019, 11:49 AM) Not all. Commonly these fans will reinvest or compound. End up it's too late when they realized it's a scam.Typically only those active marketers will keep withdrawing their commissions. |
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Dec 28 2019, 05:04 AM
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#107
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1,229 posts Joined: Jan 2003 From: Penang |
QUOTE(jack2 @ Dec 26 2019, 09:22 PM) Malaysia is now or since years ago famous with scams It's always be. Look at MBI and all the fake Forex scams. https://behindmlm.com/mlm-reviews/midasama-...g-ponzi-scheme/ There is no enforcement from the government and inefficient authorities. Malaysia boleh! Malaysia is now the heaven of money gamers and scammers. |
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Jan 2 2020, 06:02 PM
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#108
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1,229 posts Joined: Jan 2003 From: Penang |
QUOTE(riotx @ Jan 2 2020, 01:26 PM) i am not sure if you understand what was written.. "Listen or not, it's up to you. We don't gain any penny from you. We are not here to convince you, it is yourself need to learn and educate yourself. You can learn from losses or through advises from this thread." if your friend trust you, then he will leave If your friend do not trust you then you can just warn them and let time to show the proof similarly nobody will be bothered if you or your friend gets scam, some people just needs to feel the pain in order to understand things Let them be. |
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Jan 2 2020, 11:27 PM
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#109
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1,229 posts Joined: Jan 2003 From: Penang |
QUOTE(Newbee1232 @ Jan 2 2020, 11:17 PM) Thanks you guys for answering my question, Cash deposit is common tactic of scams to avoid any trace.i got one more rookie question the withdrawal process is through cash deposit, if the broker is through cash deposit then it is scam,can anyone explain why? what kind of transfer method would a regulated broker use? Regulated brokers are not allow to use cash deposit. It's either wiretransfer or local transfer via licensed money remittance firms. |
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Jan 3 2020, 01:34 AM
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#110
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1,229 posts Joined: Jan 2003 From: Penang |
QUOTE(LoNeLyKiRa @ Jan 3 2020, 12:18 AM) There are many EA selling in the market. Without a good and experienced trader to manage the risk, it wont last long.To invest on FX, the better choice would be managed accounts (MAM/PAMM) with proven records. |
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Jan 3 2020, 05:15 PM
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#111
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1,229 posts Joined: Jan 2003 From: Penang |
QUOTE(lhx_1997 @ Jan 3 2020, 11:08 AM) As a novice investor I found out this company aka Coznect Management. This company has an AI Trading System, RTX that acts a trading bot system. I have personally checked on the SC and BNM but cant seem to trace the company anywhere on the site (checked on the list of authorized&unauthorized forex broker companies).. Very new company. Never heard of. Offshore and Cysec.Upon further researching... one of the higher ups has let me know that Coznect Management is a company that provides system. They said their first system/project is called Real Trading Expert aka RTX system(as mentioned above). They uses the Lirunex broker platform ((implementing the RTX bot system) to perform forex services for their clients. A fren has ald started using the website my.lirunex.com (PAMM account) to trade. Got other websites like lirunex.com/mylirunex.com. They promised return 10-15% monthly. Charges by rental basis. (eg, 1k USD capital = rentals RM600/month). No capital lock up, withdrawal takes 24-48 hours.(so far o). My fren plan to play with this for 6mnths/1year before withdrawing everything. Would appreciate any advice. thankyou. Any myfxbook records? Promised mean guaranteed? If cant deliver, how? I bet they will ask your friend to open under offshore. |
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Jan 3 2020, 09:47 PM
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#112
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1,229 posts Joined: Jan 2003 From: Penang |
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Jan 3 2020, 09:48 PM
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#113
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1,229 posts Joined: Jan 2003 From: Penang |
QUOTE(PrintHelloWorld @ Jan 3 2020, 09:02 PM) Got some update on CK, recently announced their yearly "Golden Era" bs program, promising you 500% a month (in other words you will be Bill Gates in a few years)! They really desperate for new members now as friends involved also desperate for new "clients", their IG page also become like FX guru. Hard to wake them up as couldn't find their company name under BNM or SC blacklist. Probably gonna collapse soon... It's the final count down... |
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Jan 19 2020, 02:29 AM
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#114
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1,229 posts Joined: Jan 2003 From: Penang |
QUOTE(K24 @ Jan 17 2020, 10:12 AM) Looking for a good regulated forex broker with 500:1, allows scalping & hedging, low spread. Any suggestions? Thanks. Try this. one of the best so far.https://trk.pepperstonepartners.com/aff_c?o...40&aff_id=16162 |
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Jan 19 2020, 02:30 AM
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#115
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1,229 posts Joined: Jan 2003 From: Penang |
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Jan 19 2020, 02:51 AM
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#116
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1,229 posts Joined: Jan 2003 From: Penang |
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Jan 23 2020, 10:50 PM
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#117
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1,229 posts Joined: Jan 2003 From: Penang |
QUOTE(Alisha12 @ Jan 23 2020, 03:52 PM) I have been a victim too, everyone should stay away from them. It pains me they have scammed so many people. It is not possible. Support doesn't work, they locked over 9000USD in my account I could not withdraw until I reported to some experts who helped me recovery my funds. They allow you make deposits into your account, then deny you withdrawal on your investment. Sometimes, they claim you have violated their terms and conditions, then they block you from accessing you account and your funds. If you having problems withdrawal with many of these sites, send a mail to securedrecovery@protonmail.com ASAP to contact the expert helped me get my capital out. Everyone should stay away from them. Stay away from this scam. |
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Feb 9 2020, 05:11 AM
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#118
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1,229 posts Joined: Jan 2003 From: Penang |
QUOTE(MNet @ Feb 7 2020, 08:27 PM) They have the trader to trade for them. It not that hard as they have tools to analyze big data analytic and high frequency trading plus the 3 deep layer of the price information No such thing. My company fund also into HFT for more than 5 years.HFT is high speed trading with fractions of profits but it wont generate high returns as the opportunity is getting lesser with every liquidity provider upgraded their technology. AND PLEASE TAKE NOTE, HFT is NOT POSSIBLE WITH MT4. Those are SCAMMERS tactic to lie by using HFT and what the fk big Data. Conman! CK Ltd. is doing manipulation trading, in short, fake trading. Nothing special, just like IGOFX, JJPTR, MIA, Midasama, Vortex, ........ many more. 10% fake profits will be given until the incoming funds is slower than outgoing fund or the scammer hit their target. In the end, it will crashed like those mentioned above by burn all the investors fund. That's the time when these scammers want to take profits and close shop. Stay away unless you also want cry no tear. |
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Feb 20 2020, 12:02 AM
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#119
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1,229 posts Joined: Jan 2003 From: Penang |
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Feb 20 2020, 12:12 AM
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#120
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1,229 posts Joined: Jan 2003 From: Penang |
QUOTE(Junees9923 @ Feb 19 2020, 10:06 AM) I was wondering this list of scammers that you posted on 2015 has since been 5 years old meaning that this CK and Tradesto have been operating "legitimately" for 5 years without any issues, so how long normally does it take for one broker to continue operation until they collapse and then they take the money and run ? And won't they have to face any legal consequences ? since the name and photo of these CK leaders are known to public so those who got scammed can just make a police report on them . Define legitimately? Not sure where i saw the similar question like yours when some asked about MIA. P.S. Not trying to challenge you or anything it's just that I'm curious as to how these scam syndicates operate so I can pull my friend out before he things got worse. (He apparently is promoting the group by accepting appointments from interested people) 5 years is Tradesto, not CK. Eventually Tradesto will continue after burst the clients funds and share the cakes with CK. They dont have to run, they just crashed the accounts by showing massive fake loss trades. Tradesto is offshore broker, do you think Malaysia authorities will take any action? As long as not under their jurisdiction, they have no power nor care about it. Make police report? Do you see JJPTR Johnson get any punishment? How many innocent investors willing to make police report to cause themselves look ugly? Leaders can pretend they are victims too, make sense? Your questions are usually from newbie, i assume you are new too. |
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