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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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Brayden888 P
post May 15 2021, 05:56 PM

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QUOTE(TheKraken @ Apr 2 2021, 09:28 AM)
Ouch, libronic fx, no one was able to withdraw since December!!🤣🤣
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Yes, with USG Global FX since December 2020.
No withdrawal can be process.
Libronic FX founder Hayes has been giving a lots of "plans" since Jan 2021.
As of today May 2021, nothing and no money has been return to investor from what I know.
USG Global has since revamped to become USG forex under another regulation but still no money can be withdraw.
Just be careful.

Libronic is currently changing to another new broker call FX Primus and started to take in new funds from investor again.
Not sure if this is another hole. bangwall.gif bangwall.gif bangwall.gif
Brayden888 P
post May 15 2021, 06:06 PM

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QUOTE(AliG @ Apr 2 2021, 10:24 PM)
No one knows the trading performance. They only see P/L in their accounts. Master Account is a myth. They released the following statements:

****************************************************************************************************
Libronic updates summary for two Zoom meetings, 26 Mar 21;

1. Hayes showed the Libronic backoffice trading account in USGFX. There was USD $63+ Million, quashing rumours that the reason we cannot withdraw from our USGFX accounts was due to “floating losses”

2. As to why withdrawal in USGFX has came to a halt, as of December 2021, Libronic encouraged all her users to stop depositing funds into USGFX. This was around the time USGFX completely stopped processing all Libronic withdrawal requests. Hayes remarked that such behaviour is UNACCEPTABLE, hence the need to find a new broker.

3. Hayes will be having a meeting with the upper management USGFX to discuss porting of our funds to new broker in the coming days. Meanwhile Libronic is exploring alternative methods to solve the clients’ withdrawal issue. One of it is that in next few days, Libronic  will have a new SOP outlined. This SOP will be the state how much each of us can withdraw, weighted against the profits Libronic makes (both from those of us within the Libronic hierarchy & from corporate accounts outside of our Libronic hierarchy). All our funds will be divided into 3 portions;
i. Capital (post all withdrawal amounts)
ii. Profits
iii. Commissions
More updates will be given after Hayes has carefully studied and consider our options.

4. Meanwhile, for Singapore clients, Libronic is exploring using FX Primus.  If all goes well, those with Vantage accounts will be ported to FX Primus, and in future, recruitment will be via a link generated in our Libronicfx.com back office, from there, new referrals will be able to create a FX Primus Account. Lmax is geared more towards the China market, and the trades taken may differ as Lmax leverage is 1:200, thereby requiring Libronic to take longer timeframe trades to make the profits worthwhile, vs the “hit and run trades” we usually see in a 1:500 environment.

5. Hayes just received updates from FX Primus that their PAMM account is ready, and Libronic will be plugging in their AI trading bots to test the trading environment in FX Primus next week.
********************************************************************************************************

FX Primus is a 500% a SCAM BROKER bangwall.gif  bangwall.gif
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No reason given by Hayes why USG FX cannot return the money, just "UNACCEPTABLE"? Something is not right.Both USG and Libronic is hiding something. bangwall.gif bangwall.gif bangwall.gif
natman
post May 15 2021, 08:14 PM

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QUOTE(Brayden888 @ May 15 2021, 05:56 PM)
Yes, with USG Global FX since December 2020.
No withdrawal can be process.
Libronic FX founder Hayes has been giving a lots of "plans" since Jan 2021.
As of today May 2021, nothing and no money has been return to investor from what I know.
USG Global has since revamped to become USG forex under another regulation but still no money can be withdraw.
Just be careful.

Libronic is currently changing to another new broker call FX Primus and started to take in new funds from investor again.
Not sure if this is another hole. bangwall.gif  bangwall.gif  bangwall.gif
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FX Primus also a scam broker ? WTF seriously why theres so many scammers broker
natman
post May 15 2021, 10:01 PM

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QUOTE(terrytan @ May 5 2021, 10:09 PM)
Hi Victorng13,

If you are looking for genuine trading, drawdown is part of the trading, only fake trading has no drawdown.

VESBOLT also have many good profitable and consistent portfolio strategies. I think you missed that. In genuine FX, there is no way to guaranteed 100% profits every month like FAKE FOREX. Every portfolio strategies come with profitable and drawdown period. Every month market conditions are different.

Currently we are offering 11 portfolio strategies with 100% transparency. If you looking for 100% profitable records, i think it's only exist on fake trading like TriumphFX, MIA, IGOFX, CP Markets, SamTradeFX, Sentratama, etc.

May be you can tell me what you looking for or what's your intention?
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May i ask why are u accusing samtrade of fake trading ? they are broker and not traders. i personally have account with them so far no issue. i hope u can share some bad experience thanks
TSDrFX
post May 15 2021, 10:37 PM

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QUOTE(natman @ May 15 2021, 10:01 PM)
May i ask why are u accusing samtrade of fake trading ? they are broker and not traders. i personally have account with them so far no issue. i hope u can share some bad experience thanks
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SamTradeFX is a scam broker with fake MAM investment. You mean broker not scam? You must be new in FX if you are trading with SamTradeFX. It's unregulated scam broker. We dont share bad experience but we identified FAKE SCAM FX.

Experienced and professional traders will not trade with unregulated offshore broker.

If you prefer bad experience sharing, mean that's way too late after all victims being scammed.

If you are doing self trading, there is no different for you. But if you are investing on the MAM or copy trade, then you must beware!

Does this FAKE manipulated account sounds like not scam to you? Then you have plenty to learn.
https://www.myfxbook.com/members/ositek/fin888/6083397
Equity
post May 15 2021, 10:53 PM

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QUOTE(natman @ May 15 2021, 10:01 PM)
May i ask why are u accusing samtrade of fake trading ? they are broker and not traders. i personally have account with them so far no issue. i hope u can share some bad experience thanks
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Accuse? I think you need to wake up kid. You sounds very new. They are both broker and trader. It's not only conflict of interest, worse they are unregulated mean they can simply do whatever they want without being audit by the authority.

Only newbie looking for sharing of bad experience. Learn to identify fake and scam FX before you got scammed.
TSDrFX
post May 15 2021, 10:58 PM

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QUOTE(Brayden888 @ May 15 2021, 06:06 PM)
No reason given by Hayes why USG FX cannot return the money, just "UNACCEPTABLE"? Something is not right.Both USG and Libronic is hiding something. bangwall.gif  bangwall.gif  bangwall.gif
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We are amazed with so many willing to invest on Libronic. What does it impressed you to invest? Track records? The boss?

As mentioned above, you guys need to accept the truth, find out the open positions that are floating in your master PAMM. Then you will know what is going on. If broker or Libronic do not want to reveal, you may try your luck to file official complaints to their regulators. Also you may instruct the broker to close all the trades on your account for full withdrawal. Try ask the broker what is your remaining equity if you decided to close all your positions.
Equity
post May 15 2021, 11:00 PM

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QUOTE(natman @ May 15 2021, 08:14 PM)
FX Primus also a scam broker ? WTF seriously why theres so many scammers broker
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There are different between a scam broker and a bad broker.

FXPrimus is a bad broker.
waghyu
post May 15 2021, 11:04 PM

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Scam or not, make profitable trades first. Most people one way deposits. Happy with easy money from forex.
TSDrFX
post May 15 2021, 11:07 PM

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QUOTE(waghyu @ May 15 2021, 11:04 PM)
Scam or not, make profitable trades first. Most people one way deposits. Happy with easy money from forex.
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Well, you can invest all your money with FX SCAMS, they will guaranteed you profitable fake trades, just did not tell you when will be your last trade that burn your account.


Equity
post May 15 2021, 11:09 PM

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QUOTE(waghyu @ May 15 2021, 11:04 PM)
Scam or not, make profitable trades first. Most people one way deposits. Happy with easy money from forex.
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I am sorry to hear your bad experience. That's not true, we also have many investors earning good profits month after month from genuine FX investment although it take times. thumbup.gif

It's never easy. Our portfolio managers fight the market with tears and sweat. bruce.gif

This post has been edited by terrytan: May 15 2021, 11:11 PM
waghyu
post May 15 2021, 11:21 PM

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QUOTE(DrFX @ May 15 2021, 11:07 PM)
Well, you can invest all your money with FX SCAMS, they will guaranteed you profitable fake trades, just did not tell you when will be your last trade that burn your account.
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For me its easy and near zero risk. Done weekly profits withdrawals. Enjoying true easy money from sky. Nothing burned. Expert enough.

QUOTE(terrytan @ May 15 2021, 11:09 PM)
I am sorry to hear your bad experience. That's not true, we also have many investors earning good profits month after month from genuine FX investment although it take times. thumbup.gif

It's never easy. Our portfolio managers fight the market with tears and sweat. bruce.gif
*
For me its easy and near zero risk. Done weekly profits withdrawals. Enjoying true easy money from sky.

Equity
post May 15 2021, 11:42 PM

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QUOTE(waghyu @ May 15 2021, 11:21 PM)
For me its easy and near zero risk. Done weekly profits withdrawals. Enjoying true easy money from sky. Nothing burned. Expert enough.
For me its easy and near zero risk. Done weekly profits withdrawals. Enjoying true easy money from sky.
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My god, another HYIP or money gamer mentality.
TSDrFX
post May 15 2021, 11:51 PM

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QUOTE(waghyu @ May 15 2021, 11:21 PM)
For me its easy and near zero risk. Done weekly profits withdrawals. Enjoying true easy money from sky. Nothing burned. Expert enough.
For me its easy and near zero risk. Done weekly profits withdrawals. Enjoying true easy money from sky.
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Just the matter of time when will be your last burn with your greed.
waghyu
post May 15 2021, 11:58 PM

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QUOTE(terrytan @ May 15 2021, 11:42 PM)
My god, another HYIP or money gamer mentality.
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No la, true profit from trades la. Easy money, real trades.

QUOTE(DrFX @ May 15 2021, 11:51 PM)
Just the matter of time when will be your last burn with your greed.
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Multiple barriers, as long make small or big money daily enough lo
Equity
post May 16 2021, 12:02 AM

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QUOTE(waghyu @ May 15 2021, 11:58 PM)
No la, true profit from trades la. Easy money, real trades.
Multiple barriers, as long make small or big money daily enough lo
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Oh Any Myfxbook willing to share?
waghyu
post May 16 2021, 12:04 AM

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QUOTE(terrytan @ May 16 2021, 12:02 AM)
Oh Any Myfxbook willing to share?
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No need to show off la, ok every week withdraw to my accounts here by wire. Hope good trades and good money for you too.
Equity
post May 16 2021, 12:09 AM

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QUOTE(waghyu @ May 16 2021, 12:04 AM)
No need to show off la, ok every week withdraw to my accounts here by wire. Hope good trades and good money for you too.
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It's not about showing off. Just want to know whether what you said is true. I never encourage my investors to do weekly withdrawal. That's immature way of managing account.

Well if you are that good, VESBOLT may recruit you to manage account for investors too.
waghyu
post May 16 2021, 12:11 AM

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QUOTE(terrytan @ May 16 2021, 12:09 AM)
It's not about showing off. Just want to know whether what you said is true. I never encourage my investors to do weekly withdrawal. That's immature way of managing account.

Well if you are that good, VESBOLT may recruit you to manage account for investors too.
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I got small capital only, weekly can make couple thousand usd happy already, no need to work hard. If get jackpot, thats bonus.
Equity
post May 16 2021, 12:13 AM

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QUOTE(waghyu @ May 16 2021, 12:11 AM)
I got small capital only, weekly can make couple thousand usd happy already, no need to work hard. If get jackpot, thats bonus.
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Wow couple thousand of USD weekly not small you know. Really interested to know whether what you said is true. Come on. Share la. Dont be shy.

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