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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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SUSMNet
post Jun 18 2018, 08:00 PM

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do u saw their live report?
evilspeculator
post Jun 20 2018, 02:08 PM

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QUOTE(Gravity @ Jun 18 2018, 06:47 PM)
Hi guys, i just wanted to share about my recent experience. There are many of my friends came to talk to me regarding MIA/james harrison/odincapital / fintech fx. I believe they are all in the same group. This fake person james harrison traded on odin capital and then now fintech fx.

From my understanding, this guy manage to get double digit return but drawdown is kept at 1%. This is completely nonsense . How can someone achieve this?

Dr fx, is it possible for you to share more info about this fintechfx so more people are aware that they are scam.
*
https://www.myfxbook.com/en/members/MIA491/...arrison/2411336

This is the trader's live myfxbook account. He trades Gold. Usually one trade a day.
I have joined and withdrawn profits from it.


jack2
post Jun 20 2018, 04:17 PM

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QUOTE(evilspeculator @ Jun 20 2018, 02:08 PM)
https://www.myfxbook.com/en/members/MIA491/...arrison/2411336

This is the trader's live myfxbook account. He trades Gold. Usually one trade a day.
I have joined and withdrawn profits from it.
*
Don't believe that. They add the trades manually.


SUSMNet
post Jun 20 2018, 09:38 PM

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QUOTE(evilspeculator @ Jun 20 2018, 02:08 PM)
https://www.myfxbook.com/en/members/MIA491/...arrison/2411336

This is the trader's live myfxbook account. He trades Gold. Usually one trade a day.
I have joined and withdrawn profits from it.
*
u use what broker?
any slippage on entry and exit price compare with the trader?
evilspeculator
post Jun 21 2018, 02:05 PM

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QUOTE(jack2 @ Jun 20 2018, 04:17 PM)
Don't believe that. They add the trades manually.
*
You will get a live account and your account is copied trade live, you can watch it on your MT4.
But if you don't believe, it's ok. I will reap what i sow smile.gif
evilspeculator
post Jun 21 2018, 02:09 PM

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QUOTE(MNet @ Jun 20 2018, 09:38 PM)
u use what broker?
any slippage on entry and exit price compare with the trader?
*
Fintech FX broker.
No slippage.
Some days win some days lose, at the end of the month still positive returns.

Those want to believe can try to invest, i have invested and withdrawn profits.
If don't believe, then can try learn trading FX and trade ownself. Which i also do myself.

If want become millionaire in 2 years then don't try FX, go for penny stocks. Some stocks can explode 200 - 400% in a day. smile.gif
jack2
post Jun 21 2018, 03:05 PM

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QUOTE(evilspeculator @ Jun 21 2018, 02:05 PM)
You will get a live account and your account is copied trade live, you can watch it on your MT4.
But if you don't believe, it's ok. I will reap what i sow smile.gif
*
Don't bluff. I accessed my friend account and the trades are not live. They were added only after closed
jack2
post Jun 21 2018, 04:03 PM

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QUOTE(evilspeculator @ Jun 21 2018, 02:05 PM)
You will get a live account and your account is copied trade live, you can watch it on your MT4.
But if you don't believe, it's ok. I will reap what i sow smile.gif
*
Double posted.

This post has been edited by jack2: Jun 21 2018, 04:03 PM
evilspeculator
post Jun 21 2018, 04:43 PM

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QUOTE(jack2 @ Jun 21 2018, 03:05 PM)
Don't bluff. I accessed my friend account and the trades are not live. They were added only after closed
*
Not sure about your friend. I can see my MT4 the trade opened then position running until it is either closed in profit or loss.
Haha i bluff also not gaining anything. You decide yourself. If you feel its risky then don't invest. If u got extra money then can try.

jack2
post Jun 21 2018, 05:12 PM

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QUOTE(evilspeculator @ Jun 21 2018, 04:43 PM)
Not sure about your friend. I can see my MT4 the trade opened then position running until it is either closed in profit or loss.
Haha i bluff also not gaining anything. You decide yourself. If you feel its risky then don't invest. If u got extra money then can try.
*
You try to copy out and see. Then u will know. At the time the trade appears, the trade has opened and going to close at profit.

U are not able to copy when it appears before price diff and in profit.
evilspeculator
post Jun 21 2018, 05:58 PM

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QUOTE(jack2 @ Jun 21 2018, 05:12 PM)
You try to copy out and see. Then u will know. At the time the trade appears, the trade has opened and going to close at profit.

U are not able to copy when it appears before price diff and in profit.
*
Ok i go check and see
duplicated
post Jun 22 2018, 04:41 AM

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Some are true. I tried to copy onto a different broker and found that their trades are genuine. However, the risk that they took is enormous.

But I have never seen a track record like above (James Harison). Double digit return with 1% drawdown monthly. He doesn't need your money, really. Why do you think he needs your money with that kind of return? He can risk a little higher (10 times) and have a 10% drawdown and double the money every month.
evilspeculator
post Jun 22 2018, 09:49 AM

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QUOTE(duplicated @ Jun 22 2018, 04:41 AM)
Some are true. I tried to copy onto a different broker and found that their trades are genuine. However, the risk that they took is enormous.

But I have never seen a track record like above (James Harison). Double digit return with 1% drawdown monthly. He doesn't need your money, really. Why do you think he needs your money with that kind of return? He can risk a little higher (10 times) and have a 10% drawdown and double the money every month.
*
He takes a 40% share of our profit that's why.
ckdenion
post Jun 25 2018, 11:21 AM

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QUOTE(DrFX @ Jun 17 2018, 05:11 PM)
Dear forumers, due to cryptos getting hot among the scammers, should we create a list of scam cryptos to warn investors?

Your input is much appreciated.
*
that will be good too! then this thread is not only forex already. forex + crypto? or a new entire crypto genuine or scam thread? laugh.gif
ForexNewbie
post Jun 26 2018, 08:07 AM

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Hey guys..

I am new here.. Can you guys tell me what to think of SimplyFX and Fullerton Markets? Also, what of Mario Singh?

I cannot find anything that tells me anything is wrong but it seems quite dodgy. I may be wrong as I am a newbie in Forex.
TSDrFX
post Jun 27 2018, 05:04 PM

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QUOTE(evilspeculator @ Jun 21 2018, 02:09 PM)
Fintech FX broker.
No slippage.
Some days win some days lose, at the end of the month still positive returns.

Those want to believe can try to invest, i have invested and withdrawn profits.
If don't believe, then can try learn trading FX and trade ownself. Which i also do myself.

If want become millionaire in 2 years then don't try FX, go for penny stocks. Some stocks can explode 200 - 400% in a day. smile.gif
*
ODIN, FINTECH, MIA or fake James Harrison is an absolute SCAM! Nothing more or less.

This post has been edited by DrFX: Jun 27 2018, 05:11 PM
TSDrFX
post Jun 27 2018, 05:05 PM

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QUOTE(Gravity @ Jun 18 2018, 06:47 PM)
Hi guys, i just wanted to share about my recent experience. There are many of my friends came to talk to me regarding MIA/james harrison/odincapital / fintech fx. I believe they are all in the same group. This fake person james harrison traded on odin capital and then now fintech fx.

From my understanding, this guy manage to get double digit return but drawdown is kept at 1%. This is completely nonsense . How can someone achieve this?

Dr fx, is it possible for you to share more info about this fintechfx so more people are aware that they are scam.
*
You spot it right. They are scammers from Odin Capital.
TSDrFX
post Jun 27 2018, 05:07 PM

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QUOTE(evilspeculator @ Jun 21 2018, 02:09 PM)
Fintech FX broker.
No slippage.
Some days win some days lose, at the end of the month still positive returns.

Those want to believe can try to invest, i have invested and withdrawn profits.
If don't believe, then can try learn trading FX and trade ownself. Which i also do myself.

If want become millionaire in 2 years then don't try FX, go for penny stocks. Some stocks can explode 200 - 400% in a day. smile.gif
*
Hi evilspeculator,

Should we categories you as scammer or newbie?

Profit can be withdraw now, doesnt mean its not scam.
With open trades also does not represent its not scam. They can mix between genuine trades and fake trades in order to make it profitable.

This post has been edited by DrFX: Jun 27 2018, 05:07 PM
TSDrFX
post Jun 27 2018, 05:08 PM

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QUOTE(jack2 @ Jun 20 2018, 04:17 PM)
Don't believe that. They add the trades manually.
*
Exactly.
TSDrFX
post Jun 27 2018, 05:10 PM

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QUOTE(duplicated @ Jun 22 2018, 04:41 AM)
Some are true. I tried to copy onto a different broker and found that their trades are genuine. However, the risk that they took is enormous.

But I have never seen a track record like above (James Harison). Double digit return with 1% drawdown monthly. He doesn't need your money, really. Why do you think he needs your money with that kind of return? He can risk a little higher (10 times) and have a 10% drawdown and double the money every month.
*
When you feel it's too good to be true, it's normally SCAM.

No such person in the world can do that, even George Soros or top hedge fund manager. He must be god.

No doubt there are some genuine trades, but to make it profitable, fake trades added manually. rclxms.gif

Clever ha...

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