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 How To Check Your Forex Broker Is Genuine Or Scam, Real FX Broker VS Scam FX Broker

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jack2
post Aug 30 2018, 11:02 AM

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QUOTE(vivianng @ Aug 30 2018, 10:21 AM)
I suppose USGFX is considered a genuine broker? Has been operating since 2006... tongue.gif
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Scam also... Run by Chinese people...hehe
jack2
post Aug 30 2018, 06:45 PM

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QUOTE(vivianng @ Aug 30 2018, 02:07 PM)
you never use you dont anyhow say la tsk
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Joined today. You must be their 25 Lui.
jack2
post Aug 31 2018, 11:26 AM

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QUOTE(vivianng @ Aug 31 2018, 10:02 AM)
what 25 lui. Oh ownself say scam ownself go join them. how ironic yawn.gif
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Since when I joined them..
jack2
post Aug 31 2018, 07:11 PM

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QUOTE(fxbreaker @ Aug 31 2018, 02:37 PM)
This is a sample of FAKE TRADING in FintechFX by MIA-James Harrison copy trading .. All Member of MIA should see the same information in your Fintech MT4

[attachmentid=9999884]

* 2018.08.16 10:45:18 SELL XAU/USD at 1177.58
But the candle in M1 is : Open: 1177.39 High: 1177.50 Low: 1177.26 Close: 1177.26

Another example, just see yourself in your Fintech MT4:
* 2018.08.03 12:17:33 BUY XAU/USD at 1207.94 sell at 1209.91 (2018.08.03 14:11:48)
M1 Candle (2018.08.03 14:11) is : Open: 1209.23 High: 1209.89 Low: 1209.09 Close: 1209.87

* FintechFX use bid-price as data for candle/chart

* If you want to analyze, you should find many of “SELL” point are out of chart / candle
for buy op -> see the end of trade/sell,
for sell op -> see the start of trade

sell point SHOULD NOT BE OUT OF CHART/CANDLE, buy point can be out of chart / candle because of spread.

maybe after they know this "glitch", maybe they will try to alter all abnormal trade, either change the open-close price, or even change the candle range data (high/low).
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I know this technique since long time ago which was used by many scam investment or companies.
jack2
post Sep 3 2018, 09:43 PM

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QUOTE(DrFX @ Sep 3 2018, 07:25 PM)
Dear elite,

We hope you can contribute by filling more complaints to regulators regarding the scammers misconduct including FinTechFX to ASIC and Triumphfx to Cysec.
We have done our part, PM us for know how.
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What is elite?
jack2
post Sep 4 2018, 05:33 AM

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QUOTE(DrFX @ Sep 4 2018, 03:08 AM)
We mean experienced traders like you all.  brows.gif
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biggrin.gif

It is very mahuan to report one. Need to provide many proofs.

rclxub.gif
jack2
post Sep 6 2018, 12:20 PM

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QUOTE(mukidi @ Sep 6 2018, 11:44 AM)
DrFX, why don't you share how to file complaint to regulator here?

So maybe there will be more people file the complaint, and regulator can make decision based on that.
Is it very complicated ? .. then maybe all scammers out there also know this, so they just casually doing their scam
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DrFX, your side got any fx related jobs that I can contribute? Hehe
jack2
post Sep 12 2018, 06:21 PM

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Brokers under Labuan juduristion is ok?
jack2
post Sep 13 2018, 03:35 AM

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QUOTE(DrFX @ Sep 13 2018, 03:21 AM)
Nope. It is not OK. Labuan is under tier 3 regulation.
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Do you help or any kangtao for licensing with other jurisdiction?
jack2
post Sep 13 2018, 03:44 AM

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QUOTE(DrFX @ Sep 13 2018, 03:37 AM)
What jurisdiction are you looking for?
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Asics or the one with value and easy for application.
jack2
post Sep 16 2018, 01:22 PM

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I guess after this exposure, MIA will soon be bye bye-ing...
jack2
post Sep 21 2018, 10:28 AM

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QUOTE(MNet @ Sep 15 2018, 02:52 PM)
Yes, i'm trading with one of those
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Which brokers?
jack2
post Sep 22 2018, 11:44 PM

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QUOTE(mukidi @ Sep 22 2018, 11:17 PM)
for my case, I deposit via my upline, I transfer the money within same local bank, and my upline will transfer his MIA "Register Point" to my MIA Account ( app.mia491.com ), then I have to choose "Investment - Place Order" menu to send Register Point to FintechFX, and within 24 hours my MT4 Account will be updated.

For bankwire it's more weird, because FintechFX bank account is in AUD, but our MT4 Account is in USD, so there will be double conversion rate from my local bank -> AUD -> USD,

from this point its really clear about their scam, if they trade using USD and they said have segregated account for investor, why the bank account in AUD

For Profit Withdrawal is using application in app.mia491.com, we can "sell" our profit to upline and upline will transfer the money between same local bank or we can choose withdraw to our local bank, then money will be transferred from unknown person/company that they said is a "money changer".

For Capital Withdrawal is using web FintechFX, after certain days money will be transferred from unknown person/company that they said is a "money changer".

Btw after this exposure of MIA - FintechFX scam, they are try to be low key ..
They forbid MIA member to discuss about MIA-FintechFX in social Media or Forum2 like this forum, if found out then your account will be frozen (weird ha... mia can froze our account).
They active in group (whatsapp / telegram) to pacify their member by :
- Keep saying that their NFA license is valid, using many reasoning  (haha only stupid idiot people still believe this)
- Keep forwarding Screen Capture that "someone" still trust MIA-FintechFX by deposit big money (70K, 80K, etc) (can be fake screenshot, its easy to create)
- Warning existing member that if they withdraw all capital then will be forbid to rejoin (hehe .. only idiot people want to rejoin)

So beside high level in MIA that want to secure their income, only stupid or naive or greedy people still believe and Join MIA - FintechFX
*
It is totally same technique like fxgold master that was using Triumphfx...

MIA will soon be bye-ing
jack2
post Sep 28 2018, 12:17 AM

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QUOTE(DrFX @ Sep 28 2018, 12:12 AM)
To conclude the hot "FAKE FX" program in the market now, below are the big 3 that we need our elite members here to hunt them down together.

1. MIA (FintechFX)
2. TriumphFX
3. Sentratama (Janis Urste)


devil.gif
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But you can see that TriumphFX has many licenses



QUOTE
Triumph Int Limited is a company registered in S.I.P. Building, P.O. Box 3010, Rue Pasteur, Port Vila, Vanuatu.

Triumph Int. Limited is regulated by Vanuatu Financial Service Commission (License number: 17901).

Triumph Int. (Cyprus) Limited is regulated by Cyprus Securities and Exchange Commission (CySec) for its operations in Europe (License number: 293/16).

Triumph Int. (Cyprus) Limited is registered with Financial Conduct Authority (FCA) of United Kingdom (Registration number: 763697).

Triumph Int. (Cyprus) Limited is registered with Commissione Nazionale per le Societā e la Borsa (CONSOB; Italian Companies and Exchange Commission) of Italy (Registration number: 4493).


jack2
post Sep 28 2018, 12:30 AM

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QUOTE(DrFX @ Sep 28 2018, 12:22 AM)
They used to have New Zealand FSPR too. That's for previous scam.
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Oh ya.. that time was using it to scam the fxgold investors right.
jack2
post Oct 3 2018, 01:06 AM

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QUOTE(kokxun @ Oct 2 2018, 03:59 PM)
Hi guys may I ask is USGFX a scam?
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Hehe... Not dare to say... Later they come in and scold.
jack2
post Oct 3 2018, 02:00 PM

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QUOTE(Avatrade Malaysia @ Oct 3 2018, 01:24 PM)
avatrade better
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You are their staff or IB?
jack2
post Oct 3 2018, 02:30 PM

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QUOTE(Avatrade Malaysia @ Oct 3 2018, 02:15 PM)
staff, haha, you trade forex as well?
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Now mostly change to cryto Liao


Got vacancy mAh?
jack2
post Oct 10 2018, 02:07 PM

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QUOTE(mukidi @ Oct 10 2018, 01:32 PM)
MIA - FintechFX still trying to lure people to invest  mega_shok.gif

[attachmentid=10062750]
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QUOTE(Hetna Ligiv @ Oct 10 2018, 02:04 PM)
omg...I can smell bloodshed
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wow... minimum USD120,000.... USd36m if 300 accounts are fully deposited.

They wanna "catch" big fishes....

This post has been edited by jack2: Oct 10 2018, 02:08 PM
jack2
post Oct 25 2018, 10:41 AM

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QUOTE(Carlspheno @ Oct 25 2018, 10:27 AM)
Frm ur perspective what will happen on 11/11 ? If they cannot get renewal frm ASIC ?
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the data is never important.. they dont care regardless can get renewal or no.

This post has been edited by jack2: Oct 25 2018, 10:41 AM

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