Scam also... Run by Chinese people...hehe

you never use you dont anyhow say la tsk

Joined today. You must be their 25 Lui.

what 25 lui. Oh ownself say scam ownself go join them. how ironic

avatrade better , hahaha

Dear Friends,

Please read my previous post above, it's a evidence that FintechFx is not SAFE,

so while its still possible you should withdraw all you money back,

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).

I know this technique since long time ago which was used by many scam investment or companies.

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.

What is elite?

We mean experienced traders like you all. 

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.

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

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

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



* 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).

sorry, just want to seek clarification, you mean for all transaction all sell point should not be out of the candle chart ?
if there is sell point out of the candle chart, mean it is not a genuine trade, is that correct ?

If that transaction really occurs (bid price > current candle High OR bid price < current candle Low), then the candle price data will be updated to follow that transaction price, and that bid price will be the new "Candle High" or "Candle Low", and as long the timeframe is not lapsed, candle will updated on each tick.

so, only application to sell position right ?

if those transaction records (buy/sell - some sell positions are out of range) are being sent to 3rd party for verification (e.g myfxbook) and it is being verified can we assume these are genuine trades ? or still require more due diligent to proof that ?

MYFXBOOK Track Record Verified & Trading Privileges Verified did not represent the trading records are genuine. It's mainly verify the trading account is belong to the owner/trader.  By changing the account password according to Myfxbook preset password, you will get both verified status.

Myfxbook administrator admitted that their system unable to verify whether the trades are genuine.

bid price applied to  :
for sell position-> see the open price of trade, so you can see it when position is opened, and compare with M1 candle on start of trade.
for buy position -> see the close price of trade/sell, price when that transaction is ended / closed, and compare with M1 candle on end of trade.

to current date, CMIIW, myfxbook do not analyze and compare transaction prices and tick data / candle on that server.  Myfxbook will give status "verified" when they can connect and read trading history from MT4 server. But MIA is own the MT4 server, so they pass the "verified" status from myfxbook.

I think myfxbook will need more computing resources and bandwidth to also retrieve bar/candle data, so they can check if the trading is consistent or not (but also if consistent doesn't guarantee that the trading is genuine)

check below answer from past posting.