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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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Ragnar10
post Sep 16 2020, 02:00 PM

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Hello,

This is my 1st time posting
Creating an account just for this.

I have been reading all the pages,
Whilst the conversation of this forum is according to the subject.

After giving in a lot of research time and googling, I found out most of the site is paid by/written by/affilates links for the brokers.
Thus, my question is, any good broker recommendation?
especially with fast withdrawal method?

In the past, I have been using olmpy trade for option then it doesn't suits me.
I move to forex but the platform then suck.
Currently using Robo Forex (Friend's recommendation), but the withdrawal is slow.

So any good broker recommendation?
based you on experience of course.

My focus is trustworthy&regulated/ quick withdrawals&deposites. small spread and if possible no withdrawal fees
If the broker is really good, i don't mind registering under you affiliates links too.

Thanks
TSDrFX
post Sep 16 2020, 10:59 PM

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QUOTE(waghyu @ Sep 16 2020, 08:58 AM)
Most are idiot. Hope you are not one those.
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We disagreed with your statement. There are many who make money for living with genuine FX.

Loser or idiots are those who greedy and act smart.
Equity
post Sep 16 2020, 11:06 PM

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Joined: Jan 2003
From: Penang



QUOTE(Ragnar10 @ Sep 16 2020, 02:00 PM)
Hello,

This is my 1st time posting
Creating an account just for this.

I have been reading all the pages,
Whilst the conversation of this forum is according to the subject.

After giving in a lot of research time and googling, I found out most of the site is paid by/written by/affilates links for the brokers.
Thus, my question is, any good broker recommendation?
especially with fast withdrawal method?

In the past, I have been using olmpy trade for option then it doesn't suits me.
I move to forex but the platform then suck.
Currently using Robo Forex (Friend's recommendation), but the withdrawal is slow.

So any good broker recommendation?
based you on experience of course.

My focus is trustworthy&regulated/ quick withdrawals&deposites. small spread and if possible no withdrawal fees
If the broker is really good, i don't mind registering under you affiliates links too.

Thanks
*
PM you. Please check.
waghyu
post Sep 16 2020, 11:37 PM

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QUOTE(DrFX @ Sep 16 2020, 10:59 PM)
We disagreed with your statement. There are many who make money for living with genuine FX.

Loser or idiots are those who greedy and act smart.
*
Good lo. Talking about the 88% who lost money. Not the few who make money. Many lost equity significantly overnight anyway, smart or not smart and you not excluded at some point. Just be mindful.
TSDrFX
post Sep 16 2020, 11:53 PM

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QUOTE(waghyu @ Sep 16 2020, 11:37 PM)
Good lo. Talking about the 88% who lost money. Not the few who make money. Many lost equity significantly overnight anyway, smart or not smart and you not excluded at some point. Just be mindful.
*
Guess you must be one of the loss money. It's a risk every investors or traders that need to take. If can't take, dont touch.
Stocks traders no loser? Mutual fund investors all make money? FD is a definite winner?

This post has been edited by DrFX: Sep 16 2020, 11:54 PM
waghyu
post Sep 17 2020, 03:28 AM

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Plenty of brokers also actually profiteering from trader losses. So many agents around to lure more of the 88% lost & rookie traders. This can be genuine as well as obviously scam traders.
TSDrFX
post Sep 17 2020, 04:18 AM

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QUOTE(waghyu @ Sep 17 2020, 03:25 AM)
Who the hell are you? This thread also should warn those poor people from loosing money. If you are good just good ahead.
*
You are out of topic dude. We are the thread founder and we are NOT here to warn poor people from loosing money. Some poor people are risk taker, not everyone a loser.

We are here to warn people about FX SCAMS.
TSDrFX
post Sep 17 2020, 04:21 AM

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QUOTE(waghyu @ Sep 17 2020, 03:28 AM)
Plenty of brokers also actually profiteering from trader losses. So many agents around to lure more of the 88% lost & rookie traders. This can be genuine as well as obviously scam traders.
*
We dont blame the brokers when you LOSE unless it's a bad slippage. Brokers are here to make money, not charity. Make sense?
TSDrFX
post Sep 17 2020, 04:22 AM

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QUOTE(waghyu @ Sep 17 2020, 03:25 AM)
Who the hell are you? This thread also should warn those poor people from loosing money. If you are good just good ahead.
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The question is who the hell are you.
garysoo
post Sep 17 2020, 10:04 AM

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Somehow I felt ppl are misunderstand about purpose of this thread biggrin.gif

Also I felt, if the broker house they're into, or plan to get in is listed under SCAM list, they may feel hard to accept.
Then question start coming. How you know? How you judge? And keep on argue here.

And there are some "investor" will ask if their broker house is listed under scam list, then which do you recommend?

I think in summary is, there is no 100% profit making trader.
But at least not lose from beginning by choosing a wrong broker house.

But still it's your call to proceed. This thread is just for reference cool2.gif

This post has been edited by garysoo: Sep 17 2020, 10:05 AM
waghyu
post Sep 17 2020, 03:14 PM

Look at all my stars!!
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QUOTE(DrFX @ Sep 17 2020, 04:18 AM)
You are out of topic dude. We are the thread founder and we are NOT here to warn poor people from loosing money. Some poor people are risk taker, not everyone a loser.

We are here to warn people about FX SCAMS.
*
Wow wow wow, my apologies didn't know that you are one of those founder and great forex king guru senpai. Congrats. Long live.
spitespy
post Sep 19 2020, 01:37 PM

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QUOTE(DrFX @ Sep 14 2020, 04:28 PM)
It is a genuine broker but not recommended due to the background of this broker is linked with iKonFX.
*
iKonFX is scam ?
mexgroup is mex exchange, mex clearing, multibank is same company ?


https://www.fxeye.com/dealer/9011775348.html
https://www.fxeye.com/dealer/6841153040.html
https://www.fxeye.com/dealer/0001326398.html

can list more on ikonFX problem ?

mygarage88
post Sep 19 2020, 03:31 PM

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anyone heard of samtradefx ? Any review?

https://www.samtradefx.com/
Equity
post Sep 19 2020, 04:39 PM

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Joined: Jan 2003
From: Penang



QUOTE(spitespy @ Sep 19 2020, 01:37 PM)
iKonFX is scam ?
mexgroup is mex exchange, mex clearing, multibank is same company ?
https://www.fxeye.com/dealer/9011775348.html
https://www.fxeye.com/dealer/6841153040.html
https://www.fxeye.com/dealer/0001326398.html

can list more on ikonFX problem ?
*
Google may help.

https://www.forexpeacearmy.com/community/th...tay-away.21042/
Equity
post Sep 19 2020, 04:40 PM

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From: Penang



QUOTE(mygarage88 @ Sep 19 2020, 03:31 PM)
anyone heard of samtradefx ? Any review?

https://www.samtradefx.com/
*
Warning! It's on DRFX SCAM list.

107. SamTradeFX
mygarage88
post Sep 19 2020, 10:45 PM

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QUOTE(terrytan @ Sep 19 2020, 04:40 PM)
Warning! It's on DRFX SCAM list.

107. SamTradeFX
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Thanks Terry, does all these add any point since their exposure is quite a bit.

https://www.wolves.co.uk/news/club/20200910...rading-partner/
https://www.bloomberg.com/press-releases/20...wolverhampton-w

https://www.cardiffcityfc.co.uk/news/samtra...trading-partner


Sorry ya .. newbie here..

TSDrFX
post Sep 19 2020, 10:54 PM

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QUOTE(mygarage88 @ Sep 19 2020, 10:45 PM)
We caught them doing fake manipulated trading thanks to the contribution of the member here. How does the returns look to you? Any sponsorship can be bought with money.

https://www.myfxbook.com/members/ositek/fin888/6083397

user posted image


kuladruw
post Sep 20 2020, 05:33 PM

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QUOTE(mygarage88 @ Sep 19 2020, 10:45 PM)
those epl dont bother have proper background check whose money theyre receiving from. illegitimate business can sponsor anything, they just want to increase exposure, looking for more victims to use illegitimate broker
CODE
https://forum.lowyat.net/index.php?showtopic=3774126&view=findpost&p=97928617

limyongz P
post Sep 25 2020, 06:09 AM

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hi guys, im dont have any exp in trading, so can you recommendation me a Genuine Forex Brokers with copy trade? (base on your experience of course)
my focus is trustworthy, quick withdrawal & deposite, stable profit, and if possible no withdrawal fee.
if the broker is really good, i dont mind registering under you.
Equity
post Sep 25 2020, 11:08 PM

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Joined: Jan 2003
From: Penang



QUOTE(limyongz @ Sep 25 2020, 06:09 AM)
hi guys, im dont have any exp in trading, so can you recommendation me a Genuine Forex Brokers with copy trade? (base on your experience of course)
my focus is trustworthy, quick withdrawal & deposite, stable profit, and if possible no withdrawal fee.
if the broker is really good, i dont mind registering under you.
*

You can try our MAM services. Multiple brokers and portfolio strategies.

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