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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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mukidi
post Oct 24 2018, 05:32 PM

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QUOTE(karedokx @ Oct 20 2018, 12:55 PM)
It is PT. Sentratama Investor Futures bank account. And the server name for the MT4 is Sentratama Investor Future. 😱 It is different from Sentratama Investor Berjangka, isn't it?
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Hi karedokx .... I'm gado-gado ... just kidding biggrin.gif

Btw, can you share the account number where you transferred your money?

if you check https://www.sibfx.co.id/index.php?option=co...emid=94&lang=en the account number for SIBFX is :

Bank BCA Cab Wisma BCA Sudirman No. 035 311 8266 when you try to transfer the name shown will be "Sentratama Investor Berjangka"


mukidi
post Oct 28 2018, 10:53 PM

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QUOTE(Carlspheno @ Oct 28 2018, 05:38 PM)
i pm you .
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can you give us the rough number, not the exact WD number ? like my WD number is 4XXX (4 thousands x x x ) ... and Hermione888 WD number is around 16xxx (16 thousand xxx)

thx
mukidi
post Oct 30 2018, 09:49 PM

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QUOTE(Carlspheno @ Oct 30 2018, 06:50 PM)
Withdraw my 10k usd at 27/10 received today 30/10.
I felt missing out 😔 but anyhow i did earned around 18k +
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This is one of the reason..

QUOTE(ackk93 @ Oct 24 2018, 05:35 PM)
hi bro i am gonna be honest here this mia thing is a bubble basically they trying to hit long run until it burst that is why this is the best time to cash in and cash out because they are trying build trust which for me its the best time to play its a risk but its a good risk if you know how to control it i dont recommend to anyone who is new to trading
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Right now should be the best time to withdraw all of your money, they want to "proof" that they are not scammer 😁

Because when the first withdraw frenzy happened, some wd request take up to 3 weeks 😀


mukidi
post Nov 9 2018, 10:08 AM

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QUOTE(Carlspheno @ Nov 9 2018, 05:01 AM)
Hey for those who launched complaint to ASIC did you get any respond yet ? Pls pls pls update here....this is my daily routine site now...
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Not yet ..

I just email them again asking for this issue update ..

and 11-nov-2018 their ASIC registration will be reviewed ...
but even if their registration is renewed but still FintechFX is Unregulated Forex Broker (Registered != Regulated),

From the beginning, FintechFX never have forex broker license !


And I see that FintechFX is changing their address very often .. here some information I've got,
and on share holder there is NO NEOMASS as they claimed to be FintechFX parent company

» Click to show Spoiler - click again to hide... «


This post has been edited by mukidi: Nov 9 2018, 10:27 AM
mukidi
post Nov 9 2018, 02:20 PM

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QUOTE(Carlspheno @ Nov 9 2018, 12:33 PM)
U purchased the service thts why u can access to those info right?
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Not really .. just register trial account .. but the info is limited .
mukidi
post Nov 13 2018, 11:48 AM

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QUOTE(Carlspheno @ Nov 13 2018, 09:40 AM)
#mia491 #fintechfx

On ytd 12/11 James harrison traded at 1:50 leverage
(Usually 1:100)

Man i am confused nowadays scammer professional until this level now?

Is it normal for a "trader" to change leverage any dodgy thing here?
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Yup just see my friend history ... yesterday only trade 0.03 lot ..

Attached Image

They starting to lower their "profit" to their MIA Member biggrin.gif ...

mukidi
post Nov 13 2018, 08:26 PM

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QUOTE(Carlspheno @ Nov 13 2018, 03:48 PM)
Guys can we keep this mia/fintechfx/james harrison discussion active pls. I am really looking forward for any info regarding this.

Brainstorm, ask question. Parking before its collapse show everyone ur "parking skill"😉
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They have back to 0.06 again ... haha ...

waiting to watch what method they will use to end the show :
a. wrong LOT (yesterday is example) and "coincidentally" got the loss trading .. (e.g for 1K deposit, from 0.06 lot .. become 6 lot ... and got wiped by volatile market)
b. FintechFX got hacked by "evil hacker" and make client trade big lot and loss like point a.
c. FintechFX is terminated by ASIC and gone missing, and MIA say they is not responsible for it, and say all client money are on fintechfx not on MIA
d. FintechFX just got MIA (Missing In Action) abruptly without any reason, and MIA say they is not responsible for it, and say all client money are on fintechfx not on MIA
e. Both MIA and FintechFX got MIA (Missing In Action) abruptly without any reason
f.
g.

ok ... just put your idea here biggrin.gif
mukidi
post Nov 15 2018, 09:40 AM

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QUOTE(Carlspheno @ Nov 14 2018, 10:14 PM)
I guess they got their license review succeded guys?
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Correction: Not License .. it's just company name registration ... from the beginning, FintechFX NEVER have Forex Broker Lincense

But yeah .. for common / non-trader people, this registration can give some "confidence" that "no problem" with fintechfx

and as you see in myfxbook discussion:

QUOTE(blackgain)
The renewal means nothing, most companies will prepare renewal 2-3 months before the yearly renewal.

Investigation still ongoing---

Our assessment of your concerns has not been completed but we will write to you once this has been done.

Regards,

Matthew Kelly
Analyst, Misconduct & Breach Reporting

Australian Securities and Investments Commission

mukidi
post Nov 15 2018, 10:59 AM

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QUOTE(Carlspheno @ Nov 15 2018, 09:22 AM)
Understood what u mean.

But until today i still havent see any stigma for MIA/fintechfx (only tpfx /pruton/midasama  is on the bank negara alert list)

So how ? No one can actually do something to Mia only can wait until its collapse ? Ptfx is on the alert list but Ptfx is older than Mia ( since 2016)
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Malaysia regulator should be informed about this ... and after they really investigate this maybe they will put MIA FintechFx on alert ...
but if you see on MIA presentation there is one Dato as MIA high official .. do you know him ?

Attached Image

Anyway, just like on Indonesia, Regulator like OJK and Ministry of Communication & Information already put MIA FintechFx on Warning List, and block internet access to MIA491 and FintechFx ..

but still their operation is still continue in Indonesia, using vpn to access .. and they still recruiting new members ..

At least we provide information on internet what the risk, and if they still want to invest, it's up to them..

This post has been edited by mukidi: Nov 15 2018, 11:02 AM
mukidi
post Nov 15 2018, 12:28 PM

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QUOTE(Carlspheno @ Nov 15 2018, 11:16 AM)
Mukidi can u confirm that indon government alrdy block access to mia491.com?
Bcoz frm wat i knw indon has the most user access to mia491.com according to alexa.com
Indonesia>malaysia>viet.

One thing i am always wonder why singapore not list in the alexa.com is it they need to reach certain amount of user as a threshold only count as ?
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you can check if the domain is blocked or not in indonesia by searching on :

https://trustpositif.kominfo.go.id/

and enter mia491.com or fintechfx.com .. and you'll get result ... record return mean that site/domain is blocked ... if no record return mean not blocked


I just check alexa now :

https://www.alexa.com/siteinfo/fintechfx.com
Malaysia 41.6%
Indonesia 18.3%

https://www.alexa.com/siteinfo/mia491.com
Singapore 40.9%
Malaysia 36.7%
Indonesia 14.8%

Before blocked .. most visitors are from indonesia ...
and that's right, it's strange no visitor from singapore to fintechfx.com that logged by alexa biggrin.gif

This post has been edited by mukidi: Nov 15 2018, 12:29 PM
mukidi
post Nov 25 2018, 04:00 PM

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QUOTE(Carlspheno @ Nov 25 2018, 01:19 PM)
Regarding mia491

My friend still getting 6k +usd weekly(self invest+ bonus) i am so mirin 🤤
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Haha, if you think MIA as money game then its okay to gamble in this game, as long its not your pension money biggrin.gif

If MIA still survive for the next 8 months then your money is safe 🤑, otherwise you'll lose your money

Do you dare to gamble?



mukidi
post Dec 5 2018, 11:41 AM

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QUOTE(khen25 @ Dec 5 2018, 08:19 AM)
user posted image

WHY WHY WHY ???? ASIC approved ? got broker license
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Haha ... do you still believe their FALSE CLAIM .. from the beginning they ALWAYS LIE .. (NFA, ASIC, Fake Trading) ...

Just check yourself here https://connectonline.asic.gov.au/RegistryS...lRegisters.jspx and enter 493603 ...

FINTECHFX STILL DO NOT HAVE FOREX BROKER LICENSE

What ASIC renewed is ONLY COMPANY REGISTRATION not forex broker license ... but MIA - FintechFX use this registration renewal to MISLEAD and SCAM investor candidate
mukidi
post Dec 27 2018, 07:04 PM

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QUOTE(Hermione888 @ Dec 27 2018, 01:32 PM)
They just announced 10% credit bonus to all new and existing investors.
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Ho ho ho .. come put your money moooreee devil.gif so we (MIA) will have a thick wallet on new year .. and byee ... rclxs0.gif

QUOTE
Dear MIA members,

Merry Christmas! 2018 is ending soon. This year, MIA has achieved a 66-times of tremendous growth. From unknown to well known ! We sincerely appreciate the support of all MIA family members over the year. Hereby, MIA would like to announce the 2018 special bonus to all existing MIA family members.

Details as follow:

2018 SPECIAL BONUS
1.  All members registered and deposited before December 31th 2018, 2359 are entitled to a 10% credit bonus , hereinafter referred to as Special Bonus.

2.  Special bonus will be given based on the capital balance as at December 31th 2018, 2359.

3.  Members who DO NOT top up or reinvest any capital by end of 2018 will also entitled to this special bonus.

4.  Due to the large amount of members around the world, special bonus will be credited into members‘ accounts within one to two weeks time.

5.  The enjoyment period is one year. Special Bonus expires automatically after 1 year and cannot be converted/ transferred to become capital and cannot be withdrawn.

6.  All Promotions in MIA do not come with any lock-in period, members are allowed to withdraw their capital freely at any time. However, withdrawal of capital during enjoyment period will result in cancellation of Special Bonus.

7.  All Special Bonus receivers are obligated to comply with the above terms and conditions.

8.  Special Bonus does not affect original profit sharing .

9.  Top up/ reinvestment is allowed by end of 2018 to maximize the amount of Special Bonus. Special Bonus will be calculated based on the balance of capital as at December 31th 2018, 2359.

10.  All top up/ reinvestment of capital is based on date of place order.
             
MIA reserves the right of final decision and interpretation in the case of any dispute. If you have any queries, please do not hesitate to contact our marketing department during working hours. 

Thank you.


MIA Management
mukidi
post Jan 4 2019, 06:00 PM

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Just read some reply from myfxbook :

QUOTE(blackgain)
My Group Fintech Co Pty Ltd (24375 IBC 2017) is a related entity of My Group Fintech Co Pty Ltd (ACN 615 855 840; Australian Financial Services Licence 493603). The two entities are managed separately.  No  The FX and /Derivatives offered on this website are NOT provided by the Australian entity and no recourse against the Australian entity is available.

source: https://fintechfx.com/

Look like ASIC have already requested them to be very clear on their marketing and trading offerings.
Trading is done on SVG, and to set up an SVG entity only cost less than 1K USD and no other requirements.
Importantly, no banks are willing to facilitate forex broker business due to high risks of AML.
Usually, banks facilitate if they are regulated in the home country or special relationship or fake business activities.

Looks like the latest changes on footer already declared that all trading is done by SVG side, SVG has no regulation.
The Aus side is not responsible for trading or future trading losses.

14% is not sustainable, especially with recent Gold movements, real trading losses cannot be diluted if the inflow of funds cannot meet the speed of draw-down.

The funds of mia has exceed 1 billion USD and will be bigger than IGOFX scam and probably reaching 2-3bilion USD if more investors are supporting into this money game MLM pyramid game.

Good luck folks, happy new year and soon will doom.
It seem ASIC already take action (at least warning) to FintechFX to NOT MISLEAD customer saying that they are ASIC REGULATED BROKER devil.gif devil.gif devil.gif devil.gif

Let's see if they still boasted as NFA and ASIC Regulated Broker

This post has been edited by mukidi: Jan 4 2019, 06:01 PM
mukidi
post Jan 22 2019, 04:53 PM

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QUOTE(Killkillkill @ Jan 22 2019, 02:59 PM)
If MIA is a fake, why the dominiquek can be attended in this game.
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why not?
even NASDAQ Chairman can be involved in scam ponzi scheme

And dominique maybe only invited guest .. because there is no his name on MIA official website
mukidi
post Jan 23 2019, 09:48 AM

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QUOTE(Killkillkill @ Jan 23 2019, 08:27 AM)
oh,pls, dominique is not a baby, if he can be invited to be as a guest, do you think he want to lost him fame to help the scram
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do you think he was aware at that time, just try invite him again after all MIA FintechFX tricks revealed now ...

oh right FintechFX Forex Broker is now admit that thay are OFFSHORE BROKER after ASIC give them WARNING not to mislead investor using their FAKE ASIC & NFA forex license

and even if he is involved (maybe yes maybe no), do anyone think that Bernard L. Madoff is a baby at 90s and 2000s ?

mukidi
post Jan 30 2019, 04:48 PM

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QUOTE(Killkillkill @ Jan 30 2019, 02:56 PM)
fintech ,It can be checked in NFA
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QUOTE(mukidi @ Sep 14 2018, 08:27 AM)
This is email reply from NFA, regarding FintechFX claims about NFA License, I've got it from, https://sites.google.com/view/miafintechfx/...-pertanyaan-mia  (bahasa indonesia) :
user posted image
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just read this old post ...

and just read posts from fxbreaker that reveal MIA FintechFX tricks :

https://forum.lowyat.net/topic/3774126?author=fxbreaker

This post has been edited by mukidi: Jan 30 2019, 04:52 PM
mukidi
post Mar 19 2019, 05:18 PM

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QUOTE(ycycqwe @ Mar 19 2019, 03:34 PM)
anyone heard about GCG asia??? my friend told me that 1-2 months can take back capital (USD1500) and the dividen keep into account and let it grow. is the real?? 1-2 months can start earning @@??
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Another ponzy scheme .. with "trading insurance", "NO LOSS GUARANTEE", "Double A Method" ..

The concept is using Trading Balance using 2 account (1 buy, 1 sell) ... and let one acc got stoped-out .. but because "insured" then you'll get back your money ... and the other account will got huge profit ... devil.gif devil.gif devil.gif

This GCG will go scam faster than MIA bye.gif
mukidi
post Mar 22 2019, 09:20 AM

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QUOTE(Carlspheno @ Mar 22 2019, 12:19 AM)
Gcg asia

All u ned to do is open an account deposit 1.5k usd
(1.5k is the treshold)

And wait for the trade to appear
(Usually 1 trade per week , sometimes 2)
Those trade profit is kinda weird to me...most of them are in fix percentages like 13.33% and 22% (before 7/3 or 5/5 sharing)

Also when ur downline earn money frm profit u can get % frm them. 5% for the 1st level and so on.
Guys i am jus explaining it work nt to persuade anyone to gamble this. For me myself i got back capital pretty quick within 1 month (with some other investor with the same skeptical mindset like me...)
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So you mean automatic trade by broker ?
You don't need to do trade manually?
is it hedging on two mt4 acc? (1 buy, 1 sell)

It's good that you already got your capital, so no loss in this game for you even if the broker go scam in the near future
mukidi
post Mar 27 2019, 12:14 PM

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QUOTE(DrFX @ Mar 27 2019, 02:32 AM)
They do not hold proper license under Australia ASIC but instead they PAID some money to be MSG authorised representative. Master Select Group Pty Ltd is an Australia ASIC licensed Forex broker. What you show is only a normal company registration. MSG owner has no idea what they are dealing with.

This screenshot showed they have BOUGHT the authorised representative of MSG. devil.gif

user posted image
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Wow ... unbelievable ... another trick from scammer nowadays ... sure if they use MIA trick, a lot of us already aware of that ...

Now they become some representative of legal forex broker to mislead investor ....

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