Malaysia law is very very sad. It's very easy to scam people. Just set up a sendirian berhad company, as long as you can get people to pay you money for whatever reason, move that money into your own pocket, close the company, there's nothing people can do to you

blame greed is a bit too 'simplified'

humans are born with greed, it is in our nature.

why people got scammed? There are many factors in play.  Scams are everywhere in every business in all walks of life. 

and everything is relative. you think Indonesia scammers are bad? wait a second, malaysian scammers are everywhere. you think malaysia is bad, wait till you go to China.

one day, when some of these forex brokers - now you call them legit becasue they have ASIC, FCA, suddenly don't honor withdrawal, then what will you say? blame yourself for being greedy?

Rumors on the street is that Djohan Darmadi hired a new lawyer, whose surname is LEE, to negotiate settlement with a few groups of investors.

The terms he is asking for are:
- Ignored whatever balance is showing in your trading account statements
- Simply take client deposits minus all commission rebates already paid to marketing agents, then apply a DISCOUNT on the remaining balance!!

He's indirectly admitting that the whole scheme has been a money game (fake trading, fake broker, fake LP) from day one.

triump has been there for so long dy, why now only got arrested? anyone know why?

lel.

well octafx do hav their own advantage la, i guess some instruments they didnt charge admin fees / 0 overnight charges. meaning u can keep the deals as long as u want.
tapi the bad side is octafx has 1 of the most highest spread la , u c graph with sharp lines 1 lol.

mainly i trade on vantage saja. used to trade on octafx too but no longer active there.

Very true. Some brokers, even the US ones, so-called regulated by SEC, can freeze your account, take your money without any due-process.

Hi all i am new here. i wonder, since so many broker having trust issue. any reason why not they just use the biggest or trustworthy 1?

anyone of you guys heard before global femic services? i just get new to know this platform. is this scam?

https://www.instagram.com/tradingcastle.off...zczNmZjM3Jjaw==

the link is their ig page, and the min top up is 1000USD start from

Hello good day, can i know why forex chief is listed as scam broker despite they have the 2nd tier license?

Quick question. Why are the list of genuine brokers white , red and normal colored ?

Also ex octa here.. stay away from them... I noticed their services getting bad...

Found a broker not listed in your list... Want to help contribute to your list ..Not sure which category but looks sus to me...

https://coinexx.com/

why the fx threads in lowyat are not active one?