May 2 2017, 12:23 AM
QUOTE(dreamyboy @ May 1 2017, 01:07 PM)
First of all Drfx, i appreciate that you finally can reply in a proper manner albeit still contain some rage kid language there. I would appreciate further if you could cool down more.
Whatever you've found there, i've read them ages ago. I need to mention that i'm a trader and an investor. I trade in multiple brokers (Pepperstone, tickmill, Nicofx, IG) and also invested in several PAMM including Hotforex and SFX Markets. I also subscribed to multiple signal brokers.
Did intensive studies before i put my money there. Mind you the money is not small. Whatever i shared here is not for something personal and is for forumers education purposes and sharing purposes. Also it is practically addressing the reasoning error that i found from your statement(s).
YOUR ANALYSIS ON FXMAC:
From what i have studied, FXMac is just a middleman company where they source in various of PAMM and listed on their website. That is why they have several systems running on multiple brokers. So far, there are so many investors at FXMAc and only 1 fella complaining on losing trades. If you read the forum, FXMac does replied that historical trading doesnt mean future performance. But really, there's only 1 fella there out of god know how many investors out there in the world. Even FXCM, Pepperstone and other large and other so call good companies, people complained they are scams.
WHY ONE WOULD START A BROKER AT LEAST REGULATED COUNTRIES:
Next, there is a reason why some brokers started off with lesser regulated countries. IF you wanna do a forex brokerage business, would you immediately get your licenses in top regulations, incurring higher operation cost and start up cost? Yes i am involved in helping companies to set up brokerage firms too and i know how and why they do it. If you look into tickmill financials, even with FCA license, i wouldnt feel that comfortable because thier paid up capital is freaking low. That actually says something about FCA branding. But let's continue...
YOUR ANALYSIS ON SFX - (Quote your source from financemagnates)
This is something that i raised before i put some money in SFX-markets. If you read nicely, the interview clearly said that the SFX mentioned there is from New Zealand. One of the representative also explained that the real sfx-markets presence in china is small and insignficant, while the SFX so happened that scam in china was another company whom they didnt know who.
Of course i wouldnt only listen to their explanation alone. I did further analytic. Please use some web analytic tools and check on SFX-markets. You'd notice that major traffic actually came from South East Asia and Russia (Back then when i checked, 1st traffic was from Russia).
If today, the SFX is a scam company in China, Their traffic would be mainly from China. And btw, it seems like you were not that knowledgeable in the china fx market. During 2011-2014 period, there are tons of FX Scam companies in China, and u know what thye do? They use some branded fx companies as marketing. For instance, FX pro didnt have any presence yet in China, someone use FX Pro (china) and scammed money there. Pretty smart right. But right now, china market is very mature and a lot of people are aware of these tactics hence it is no longer applicable.
So your evidence that you shared here are honestly quite weak. I didn't bother of asking you to delist hotforex or sfx market from your list because i know your ego will not allow you to acknowledge the error that you made.
Hi boyboy,Whatever you've found there, i've read them ages ago. I need to mention that i'm a trader and an investor. I trade in multiple brokers (Pepperstone, tickmill, Nicofx, IG) and also invested in several PAMM including Hotforex and SFX Markets. I also subscribed to multiple signal brokers.
Did intensive studies before i put my money there. Mind you the money is not small. Whatever i shared here is not for something personal and is for forumers education purposes and sharing purposes. Also it is practically addressing the reasoning error that i found from your statement(s).
YOUR ANALYSIS ON FXMAC:
From what i have studied, FXMac is just a middleman company where they source in various of PAMM and listed on their website. That is why they have several systems running on multiple brokers. So far, there are so many investors at FXMAc and only 1 fella complaining on losing trades. If you read the forum, FXMac does replied that historical trading doesnt mean future performance. But really, there's only 1 fella there out of god know how many investors out there in the world. Even FXCM, Pepperstone and other large and other so call good companies, people complained they are scams.
WHY ONE WOULD START A BROKER AT LEAST REGULATED COUNTRIES:
Next, there is a reason why some brokers started off with lesser regulated countries. IF you wanna do a forex brokerage business, would you immediately get your licenses in top regulations, incurring higher operation cost and start up cost? Yes i am involved in helping companies to set up brokerage firms too and i know how and why they do it. If you look into tickmill financials, even with FCA license, i wouldnt feel that comfortable because thier paid up capital is freaking low. That actually says something about FCA branding. But let's continue...
YOUR ANALYSIS ON SFX - (Quote your source from financemagnates)
This is something that i raised before i put some money in SFX-markets. If you read nicely, the interview clearly said that the SFX mentioned there is from New Zealand. One of the representative also explained that the real sfx-markets presence in china is small and insignficant, while the SFX so happened that scam in china was another company whom they didnt know who.
Of course i wouldnt only listen to their explanation alone. I did further analytic. Please use some web analytic tools and check on SFX-markets. You'd notice that major traffic actually came from South East Asia and Russia (Back then when i checked, 1st traffic was from Russia).
If today, the SFX is a scam company in China, Their traffic would be mainly from China. And btw, it seems like you were not that knowledgeable in the china fx market. During 2011-2014 period, there are tons of FX Scam companies in China, and u know what thye do? They use some branded fx companies as marketing. For instance, FX pro didnt have any presence yet in China, someone use FX Pro (china) and scammed money there. Pretty smart right. But right now, china market is very mature and a lot of people are aware of these tactics hence it is no longer applicable.
So your evidence that you shared here are honestly quite weak. I didn't bother of asking you to delist hotforex or sfx market from your list because i know your ego will not allow you to acknowledge the error that you made.
Do you realise your mistake? It's the same old mistake that made by those who were scammed. You will learn one day for being arrogant and over confident. You may continue twist here and there but we no longer interested in this topic. Case closed. Your due diligence method is way too inexperience and we understand your excuses as part of SFX Markets. Leave it to your targeted newbies. Thank you.
This post has been edited by DrFX: May 2 2017, 01:22 AM
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