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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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TSDrFX
post Apr 18 2018, 12:39 AM

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QUOTE(atjm88 @ Apr 16 2018, 07:27 PM)
Hi, anyone heard of Windsor broker before? I think it's real right? TQ
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It's offshore broker based in Belize. You have much better options available.
TSDrFX
post May 4 2018, 05:32 AM

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QUOTE(Teeya2018 @ May 4 2018, 01:07 AM)
Hi, just want to check whether anyone has any update on this company starling gold asset management. My son who has a business mgmt diploma is jobless and looking for a job quite sometime was really glad when he went for the interview and got the job.yes he learn to study the usual forex thing. After training for a few days, he is currently an assistant manager, no pay, its commission basis when they handle a client account only they get the commission so currently he goes to work everyday for.2 weeks but no pay coz the mgmt havent give him an account to handle.they asked my son to invest too. Im sceptical but i try to find out more coz my son said alot of staff and client do make money..my son wanted to invest too but he doesnt hv money and so do i..so if he really wants to try he has to work and ask the managers to let him handle a client's account and start from there earn his commission then see how it goes. Definitely not going to apply loan to invest so i thought i just let him work there and let him find out how things actually works there whether the clients and staff who has invested make profit and get their money or not. Does anyone here knows someone who has actually invested at starling gold?
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It is a SCAM. Get your son out immediately. As described, basically now he is just doing con job for the scammer.
TSDrFX
post May 4 2018, 05:34 AM

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QUOTE(Aldrin100 @ Apr 23 2018, 09:34 PM)
Hi Everyone

I want to trade with Forex africa is there anyone who can tell me more about this broker, please people who may comment are people who have once traded with the broker, your comment is appreciated in advance.
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There is no reason to trade with an Africa based broker.
TSDrFX
post May 4 2018, 05:36 AM

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QUOTE(Malformed @ Apr 10 2018, 10:37 AM)
No idea, do you? What made it into the list in the first place?
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You mentioned "They dont use new money to pay off old members." but now you said you have no idea.
TSDrFX
post Jun 16 2018, 05:03 AM

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QUOTE(timelime @ Jun 13 2018, 12:44 AM)
Dear sifus:

I'm new to forex, recently a close relative of mine introduces me to MIA
https://www.mia491.com/#

Their record showed 10% monthly gain, they hired James Harrison
https://www.myfxbook.com/en/members/MIA491/...arrison/2267699

and trading via FintechFX
https://fintechfx.com/
which regulated by Asic and NFA.

Any sifus know anything about them?

Please advice, thank you.
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This is a serious SCAM which getting more and more innocent investors fall for it. We hope investors stop investing into this scam.

They are another IGOFX and this time using clone licenses with fake performance.
TSDrFX
post Jun 16 2018, 05:06 AM

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QUOTE(JT_woody @ Jun 9 2018, 10:01 PM)
they mentioned that it's stated in agreement with customer that we will not be fully responsible, then the trainer str8 jump to state that losses can always be cover back later, end of the day customer will still be ok with what we're making for them.
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Do you believe their sweet talk?

If they are so good, they dont really need you to find customers and have you trade for the customers. Basically this is the way they source for new customers and funds from you.
TSDrFX
post Jun 17 2018, 05:11 PM

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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.
TSDrFX
post Jun 17 2018, 05:14 PM

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QUOTE(puremage111 @ May 31 2018, 06:57 PM)
Don't know, i think if not mistaken because the product on their platform is selling unregulated product which FCA couldn't agree on or something
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OCTA did not receive any FCA license before or now. Who is selling it as FCA licensed broker?
TSDrFX
post Jun 17 2018, 05:15 PM

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QUOTE(saikit91 @ Jun 17 2018, 04:01 PM)
may i know is superforex safe to invest with?

https://my.superforex.com/
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Belize broker is not a good choice. We smell something fishy going on.

We are interested to know more about the investment.
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
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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.
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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
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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.
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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.
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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...
TSDrFX
post Jun 27 2018, 05:12 PM

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Another scam FX getting real hot are MYS Capital which using SFX Markets. Anyone related to SFX Markets are all SCAMs. FAKE performance since the beginning until now. Many victims around the world!
TSDrFX
post Jul 14 2018, 04:46 PM

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QUOTE(MrRius @ Jul 12 2018, 05:35 AM)
If i directly make a deposit to fintechfx, could it be scam too?
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Please provide us the bank account details for verification.

We need to know the bank account name and which country the bank account held.

It's never surprise that people still believe in TOO GOOD TO BE TRUE.

This post has been edited by DrFX: Jul 14 2018, 04:58 PM
TSDrFX
post Jul 14 2018, 05:56 PM

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QUOTE(arbysburger @ Jul 11 2018, 01:35 PM)
Hi!.. joining this forum because of this discussion here... I recently been offered to join Mia by a friend too

One of the previous post mentioned that James Harrison is adding his history manually but my friend counter-argued that according to this page (https://www.myfxbook.com/members/MIA491/james-harrison/2411336) , he has Track Record Verified & Trading Privileges Verified.

Also, I'm interested to study about his past performance at Odin or any other related info. Please feel free to share.
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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.

This post has been edited by DrFX: Jul 14 2018, 05:57 PM
TSDrFX
post Jul 23 2018, 03:17 AM

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QUOTE(BZG @ Jul 16 2018, 03:00 PM)
Hi everyone, a broker is running a tournament! Free prize lo...
www.beneforex.com
It has just started...don't persecute me...just cari makan saja...coz I'm one of their IB...since November...

https://docs.google.com/forms/d/e/1FAIpQLSd...7osmtw/viewform
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We do not recommend traders/investors to open account with an unlicensed or offshore license broker. There are much better and safer options out there.
TSDrFX
post Jul 23 2018, 03:18 AM

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QUOTE(saikit91 @ Jul 21 2018, 11:05 AM)
I have currently trading with FBS platform. Would like to check with you whether the brooker are safe to trade with.

1. The leverage are 1 : 1000
2. Instant transfer from platform to bank (might take up to 30 minutes to process)
3. No fixed deposit rate

However it is regulated at 3rd tier coutry @ Belize.

2 regulation bodies as below:-

FBS activities are regulated by IFSC (International Financial Services Commission) and CySEC (Cyprus securities and exchange commission).
website as below :- https://fbs.com/
regulation : https://fbs.com/about/advantages
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Make sure your account is under FBS CySec. If you are trading under FBS Belize, you are unprotected. Many funny things may happen.
TSDrFX
post Jul 23 2018, 03:21 AM

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New FX SCAM detected.

FAKE Money Manager: ALGOTECHS

Unlicensed broker: Bealgo

Feel free to share your DD information about these companies.

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