QUOTE(jack2 @ Feb 6 2017, 05:08 PM)
Told already ma... i trade manual only... but once you have an account... u will see the PAMM page as well after you log in.How To Check Your Forex Broker Is Genuine Or Scam, Real FX Broker VS Scam FX Broker
How To Check Your Forex Broker Is Genuine Or Scam, Real FX Broker VS Scam FX Broker
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Feb 6 2017, 05:11 PM
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Senior Member
2,096 posts Joined: Oct 2007 |
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Feb 6 2017, 05:17 PM
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All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(cmk96 @ Feb 6 2017, 05:11 PM) Told already ma... i trade manual only... but once you have an account... u will see the PAMM page as well after you log in. Ya la.. if you never know about igofx copytrade from mouth, will you join and register with such broker?And why they didn't make it visible in the main page? |
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Feb 6 2017, 05:24 PM
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Senior Member
2,096 posts Joined: Oct 2007 |
QUOTE(jack2 @ Feb 6 2017, 05:17 PM) Ya la.. if you never know about igofx copytrade from mouth, will you join and register with such broker? the more a broker looks like scam... the more i am interested... i trade just for fun here... seriously.And why they didn't make it visible in the main page? i think i am the few % of trader who trade manual in Igofx. i don't bother about the PAMM... genuine or not... dun ask me. |
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Feb 6 2017, 06:59 PM
Show posts by this member only | IPv6 | Post
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Senior Member
6,779 posts Joined: Jan 2009 From: SEGI Heaven |
Blackwell Esteem Financials Pty Ltd
tht link tht i share is from tht company i show above.. |
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Feb 7 2017, 09:18 AM
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All Stars
15,192 posts Joined: Oct 2004 |
No matter how "branded" the broker is, still main busuk http://www.marketwatch.com/story/fxcm-bann...ents-2017-02-06 natman liked this post
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Feb 7 2017, 06:18 PM
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Senior Member
1,071 posts Joined: Nov 2015 |
QUOTE(jack2 @ Feb 7 2017, 09:18 AM) No matter how "branded" the broker is, still main busuk It does happened with all kind of FX brokers. The good thing about regulated brokers is you get to complaint for justice or compensations. You can only cry for nothing when unregulated brokers scam your money.http://www.marketwatch.com/story/fxcm-bann...ents-2017-02-06 |
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Feb 7 2017, 06:22 PM
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Junior Member
11 posts Joined: Jan 2017 |
fxcm very wellknown broker... and then today "FXCM and CEO Drew Niv kicked out US Forex market, fined $7 million for defrauding customers"
http://www.leaprate.com/2017/02/fxcm-and-c...ding-customers/ see.... all regulated broker also tak boleh percaya... jangan letak 2 telur tu dalam 1 bakul... letak telur tu dalam 2 bakul ok. |
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Feb 7 2017, 06:26 PM
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Senior Member
1,071 posts Joined: Nov 2015 |
QUOTE(zulutrader @ Feb 7 2017, 06:22 PM) fxcm very wellknown broker... and then today "FXCM and CEO Drew Niv kicked out US Forex market, fined $7 million for defrauding customers" Tu dia....http://www.leaprate.com/2017/02/fxcm-and-c...ding-customers/ see.... all regulated broker also tak boleh percaya... jangan letak 2 telur tu dalam 1 bakul... letak telur tu dalam 2 bakul ok. Betul... Letak telur tu dalam 2 bakul yang well regulated. |
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Feb 7 2017, 06:43 PM
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Junior Member
11 posts Joined: Jan 2017 |
Saxo Bank is a retail foreign exchange trading bank. The idea of forex trading as a retail product is mildly offensive any way. [I simply can't see how you can make money doing this in any consistent manner.]
However the (a) lack of systems and (b) depth of the scam is revealed by Saxo's statement after the giant Swiss Franc move today. To quote: “Due to today’s exceptional market movement in CHF crosses, we have been filling client orders and positions in an extremely illiquid market. Once we are better able to establish true market liquidity, all executed fills will be revisited, and will be revised and amended to more accurate levels. This may result in a worse execution rate than the originally filled level.” It is of course garbage of the highest order that in the biggest currency movement of recent times there pertained an "extremely illiquid market". If Saxo quoted the wrong price the problem is Saxo's systems. Instead Saxo is just stealing from its clients. It did a deal and they traded at a rate - and they are rewriting that deal to suit them. Theft is the right word. Any regulator that lets Saxo Bank do this is failing it core functions. Saxo bank's licenses should be revoked. QUOTE Saxo Bank (an investment bank 'regulated' in the EU) was allowed to re-quote their entire client base that traded CHF pairs SNBomb 15 Jan 2015. That is the ONLY reason they are still alive today. All these distractions about reducing leverage, negative balance protection, etc do not actually promote transparency. TRANSPARENCY and forcing the broker to prove no (or show conflict of interests) is what will allow this industry to move forward. Gain Capital apparently has been more forthcoming with the fact that they are technically a bucket shop, so they are still standing. This post has been edited by zulutrader: Feb 7 2017, 06:44 PM |
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Feb 7 2017, 06:47 PM
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Senior Member
1,071 posts Joined: Nov 2015 |
QUOTE(zulutrader @ Feb 7 2017, 06:43 PM) Saxo Bank is a retail foreign exchange trading bank. The idea of forex trading as a retail product is mildly offensive any way. [I simply can't see how you can make money doing this in any consistent manner.] Are you sure above issues won't happened on unregulated or offshore brokers? However the (a) lack of systems and (b) depth of the scam is revealed by Saxo's statement after the giant Swiss Franc move today. To quote: “Due to today’s exceptional market movement in CHF crosses, we have been filling client orders and positions in an extremely illiquid market. Once we are better able to establish true market liquidity, all executed fills will be revisited, and will be revised and amended to more accurate levels. This may result in a worse execution rate than the originally filled level.” It is of course garbage of the highest order that in the biggest currency movement of recent times there pertained an "extremely illiquid market". If Saxo quoted the wrong price the problem is Saxo's systems. Instead Saxo is just stealing from its clients. It did a deal and they traded at a rate - and they are rewriting that deal to suit them. Theft is the right word. Any regulator that lets Saxo Bank do this is failing it core functions. Saxo bank's licenses should be revoked. |
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Feb 7 2017, 06:55 PM
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Junior Member
11 posts Joined: Jan 2017 |
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Feb 7 2017, 07:05 PM
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Senior Member
1,071 posts Joined: Nov 2015 |
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Feb 7 2017, 07:18 PM
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Junior Member
11 posts Joined: Jan 2017 |
QUOTE(DrFX @ Feb 7 2017, 07:05 PM) its ok for me... all profit account... so regulated adalah alasan untuk gain customer confident sahaja bagi saya. This post has been edited by zulutrader: Feb 7 2017, 07:25 PM |
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Feb 7 2017, 07:37 PM
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Senior Member
1,071 posts Joined: Nov 2015 |
QUOTE(zulutrader @ Feb 7 2017, 07:18 PM) its ok for me... all profit account... I see. Please don't mislead people. It's very irresponsible just because you think offshore unregulated is ok for yourself. Profit account ok, then if account without profit? If you trade yourself with few hundred US dollars, nobody care since it's small amount but when investors invest with few thousand to hundred thousand, that's our concern. so regulated adalah alasan untuk gain customer confident sahaja bagi saya. You are here probably because you are operating an offshore FX broker for Malay markets. We understand your points come from where. |
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Feb 7 2017, 07:53 PM
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Junior Member
11 posts Joined: Jan 2017 |
QUOTE(DrFX @ Feb 7 2017, 07:37 PM) I see. Please don't mislead people. It's very irresponsible just because you think offshore unregulated is ok for yourself. Profit account ok, then if account without profit? If you trade yourself with few hundred US dollars, nobody care since it's small amount but when investors invest with few thousand to hundred thousand, that's our concern. you are wrong ... i'm trader i bukan owner broker ... sekarang you dah tak ada idea so you just pointing me sebagai owner broker? u r wrong man... i ada account di instafx.. fxprimus exness xm mocaz fbs dan beberapa broker lagi... You are here probably because you are operating an offshore FX broker for Malay markets. We understand your points come from where. i bukan mislead people... but i'm sharing my experience dalam forex in malaysia culture... malaysia dia mahukan local depositor senang deposit dan withdrawal within 24 hours daripada guna telegraphic transfer ambil masa 3 hari bekerja dan risk money laundring sebab duit masuk dari luar negara lagi risk berbanding duit yang bertukar tangan dari dalam negara. yang menarik saya nak komen disini bila fxcoleseum dalam list kamu yang kamu katakan broker forex siapa di malaysia ni fund hundred thounsand in 1 broker??? you are in risk.. so pecahkan dua atau 3 akaun di 3 broker berlainan.. tapi kamu jangan kata unregulated broker itu broker tipu... ia mungkin genuine business tapi local business yang susah untuk dapatkan regulated dari us euro atau mana2 regulation body yang ketat. |
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Feb 7 2017, 08:00 PM
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Senior Member
1,071 posts Joined: Nov 2015 |
QUOTE(zulutrader @ Feb 7 2017, 07:53 PM) you are wrong ... i'm trader i bukan owner broker ... sekarang you dah tak ada idea so you just pointing me sebagai owner broker? u r wrong man... i ada account di instafx.. fxprimus exness xm mocaz fbs dan beberapa broker lagi... We never said you are. Just probably. Well Do you think copy trades mean not scam? IGOFX also copy trades. Copy trades with unknown brokers also SCAM.i bukan mislead people... but i'm sharing my experience dalam forex in malaysia culture... malaysia dia mahukan local depositor senang deposit dan withdrawal within 24 hours daripada guna telegraphic transfer ambil masa 3 hari bekerja dan risk money laundring sebab duit masuk dari luar negara lagi risk berbanding duit yang bertukar tangan dari dalam negara. yang menarik saya nak komen disini bila fxcoleseum dalam list kamu yang kamu katakan broker forex siapa di malaysia ni fund hundred thounsand in 1 broker??? you are in risk.. so pecahkan dua atau 3 akaun di 3 broker berlainan.. tapi kamu jangan kata unregulated broker itu broker tipu... ia mungkin genuine business tapi local business yang susah untuk dapatkan regulated dari us euro atau mana2 regulation body yang ketat. We do not mind to remove FXColeseum from the list if there are genuine brokers copy trades results. End of the day, it doesnt affect us as we get nothing from doing this. |
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Feb 7 2017, 08:03 PM
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Senior Member
1,071 posts Joined: Nov 2015 |
QUOTE(DrFX @ Feb 7 2017, 08:00 PM) We never said you are. Just probably. Well Do you think copy trades mean not scam? IGOFX also copy trades. Copy trades with unknown brokers also SCAM. By the way, we never have any issues on sending and receiving money from regulated brokers/bank even the amount is 6 figures and above.We do not mind to remove FXColeseum from the list if there are genuine brokers copy trades results. End of the day, it doesnt affect us as we get nothing from doing this. This post has been edited by DrFX: Feb 7 2017, 08:04 PM |
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Feb 7 2017, 09:42 PM
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Junior Member
11 posts Joined: Jan 2017 |
QUOTE(DrFX @ Feb 7 2017, 08:03 PM) By the way, we never have any issues on sending and receiving money from regulated brokers/bank even the amount is 6 figures and above. are you serius? even from your local bank???BNM? stan chart ask my friend to withdraw all money and close acc because to many transaction from oversea and its come from forex... as u know individual forex trading is illegal in malaysia even u trade guna regulated broker.paling tinggi saya withdraw adalam 4k usd dari fxprimus QUOTE(DrFX @ Dec 18 2016, 04:01 PM) Hi Alissa, via Telegraphic transfer nad they paid... even u tak list dalam genuine broker tapi dia paid melalui TT...FXPrimus used to be a FX broker with plenty of bad slippages. Since their Mauritius license suspended, they have obtained Cyprus CySEC FX license and operate as an European entity. Due to their bad records, we do not list them on genuine FX brokers. Personally i won't pick them as my FX broker since there are plenty of choices out there. since you sending and receiving thru international bank... local bank and BNM can track untuk apa dan tujuan apa duit itu digunakan... so kebarangkalian untuk dipanggil ke BNM for investigation purpose lagi besar. you so lucky withdraw 6 figure and safe...if not 1st local bank call you asking about this money and documentation. i assume you not experience yet on this issue..... |
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Feb 7 2017, 10:58 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL |
shock to see FXCM US bungkus.
Even regulated broker can koyak. Aiyo |
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Feb 7 2017, 11:12 PM
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Senior Member
1,166 posts Joined: Jul 2016 |
has anyone tried plus500 or xm?
Are they legit? (both regulated under CySEC and FCA) |
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