Hi ChinHong86,

It appeared that there are several GMI in the market, we have added the full company name which is Global Market Index Limited https://gmimarkets.co.uk .

It is not the one you mentioned above.

JustForex is an offshore broker, it is not recommended.

Into 3 mths now no losses, so far DD 10 to 15% and recovered very fast, money in out no issue faster than our local giro service.

Doc 470 trading days is about 2 years la. This is not pamm mam etc etc easy to use, u happy can continue and can withdraw anytime.

This post has been edited by natman: May 20 2021, 05:31 AM

Anyone uses IC Markets? Any problems in withdrawal / deposits?

Yes, it is world top 5 brokers in FX CFDs volumes. No issues on deposit and withdrawal.

You can try open an account here https://www.icmarkets.com/?camp=11686 .

If you cant access the web site, you can try use Opera browser with VPN enabled.

Hi Terry,
Can I have your advice on FX?
I have several friends who invited me to invest in www.tfxi.com (TruimphFx) promised that they have been consistently getting a 4% return on a monthly basis.
This sounds too good to be true in my opinion.
Do you know if someone who invested in TruimphFX had actually successfully withdrawn their money?
Also, one of my friends told me that he has managed to accumulate a total of USD140K in their FX account and I supposed this is only good on "paper". Assuming,
if he were to withdraw the full amount of 140K, I'm not sure if his withdrawal accepted or not.
Just like HYIP in the past, they are actually using investors OWN money to pay back the investors but in a small percentage (over duration) and disguised as "profits".
Investors will get all hype up thinking they actually made profits and continue to deposit more money. At the end, when the bubble burst, they lost everything
including their capital as these numbers (profit) are only good on paper - NOT REAL MONEY.
So for those fake FX, do they operate in a similar fashion?

Thank you

Hi hlkhoo,

Yes, you are welcome. I trust most of the elite members here willing to advise.

Well said, TriumphFX is running on the same fashion, HYIP, Ponzi scheme or Pyramid Scheme. The only different is they convinced innocent investors by showing the fake trades. In fact, all fake FX running on the same fashion.

You should encourage your friend to make full withdrawal of USD140k. It's never too late to reinvest later if he wish to continue play the game.

Hi Terry,
Thank you very much for your advice. Much appreciate it.

Hello there! So sorry guys but my mum went ahead and invested into TriumphFX (https://www.tfxi.com/)

Is it genuine or a scam? I am really worried as she's been putting the family savings into it...
Since her friend's older brother convinced her it's the real deal.

while waiting for responses,...try read page 182 & 185?
it had mentioned

This post has been edited by MUM: May 25 2021, 02:32 PM

Thanks mum. I will check those pages out

No need to answer my question anymore. It's a SCAM Forex Broker...

I am going to get my mum to withdraw now if possible.


This post has been edited by NatalieRath: May 25 2021, 03:16 PM

Hi NatalieRath,

You came to the right place. TriumphFX is one of the oldest FX SCAMS that has scammed several times. They just stopped paying the victims with all kind of reasons, but still using the same old fake GM trader continue cheating new innocent investors. This is why they keep shouting that they have been around in the market for 7 years.

You may find out more about what we wrote about TriumphFX here.
https://forum.lowyat.net/index.php?act=Sear...hlite=Triumphfx

Wise move.

This post has been edited by DrFX: May 25 2021, 03:39 PM

Hi All,
I just start trading on OctaFXreal UK account for about 2 months++ almost every day now with a few hundred ringgit deposit.
I was getting familiar the timing to deal.
I want to put some more deposit but i may need more advise about things i need to be careful such scams or issues when we want to withdraw our profits...

1. OctaFX is good broker or i should consider other broker.
2. I hear from someone that i will never get the money back if bnm caught me trading fx.
3. I am self taught through mainly YouTube videos. So the actual rules and regulations are very unknown for me. To be honest...i just scared i get decent profit but i cannot get them..

Direct me to videos or articles also great.
Thank you.

1. OctaFX is an offshore broker. Yes you should consider other broker.
2. Not really, you can always withdraw with local withdrawal facilities.
3. https://forum.lowyat.net/topic/3774126 There are many better options here.

We received many enquiries regarding the FX SCAMS and the indication that they should be aware. Thus we decided to make the truth of FX SCAMS expose for everyone.

LEARN THE SIMILARITY OF FX SCAMS FROM MYFXBOOK.

Priority check: Check the broker on Myfxbook top left corner. If you find the unknown broker did not hold top tier 1 or 2 licenses (UK, Swiss, US, Australia, Canada, SG, Japan), AVOID IT. Scammers will not spend millions dollar to buy a good license for the purpose of scam. All FX SCAMS operate and collect funds by using offshore firms.

Secondary check: Check the Myfxbook performance on the left which stated Monthly and Drawdown. If you find illogical high returns and low drawdown, you sense something wrong. God does not exist in the real trading world. Every trader experienced drawdown.

Third check: All the charts of FX SCAMS have pretty solid growth curve, without zip zap nor drawdown period. They cant afford to have any drawdown as this will kill the investors and marketers confident.

[After this post, SCAMMERS may start to raise their drawdown. Yet they still can't get any top-tier license.]

We have picked 5 FX SCAMS as examples for everyone to learn the skill. Please check out the Myfxbook screenshot as below.

1. MIA (James Harisson) - Game over, all investors suffered total loss.
2. TriumphFX (EOB) - Scammed several times via Hong Kong, New Zealand firms. Remain very active. Mislead by Cysec license, but in fact they are scamming with offshore.
3. SamTradeFX (FIN888) - Very active. Offshore unregulated. Use white label license to mislead investors.
4. VexTrader - Very active. Offshore unregulated. Mislead by using Canada FINTRAC and Dubai DED, both not FX license, Canada Financial license is under IIROC and Dubai is DFSA.
5. Grex Capital - Very active. Using Labuan license to mislead, it's a tier 3 license without strict requirement.

DONT LET THE FX SCAMMERS CHEAT YOUR HARD EARN MONEY DURING THIS MCO!











This post has been edited by DrFX: May 29 2021, 09:40 PM

I think these information should be on the first page as well.

We have added to first page.

DrFX, can tell me more about FDX Capital and the broker Cooper Markets? How are they affiliated and how does their scam work? Thanks

Majority FX SCAMs works the same, Ponzi scheme fake manipulated trading under offshore, misleading licenses.

CP Markets previoulsly mislead investors by using Czech Republic pymt license, was revoked after the regulator find out they are doing FX SCAMs.

I believe TriumphFX has new scheme again to target investors and there is one forumer PM me to ask me show proof how did they scam/manupulate the previous trades.

I asked him to ask here so everyone knows as he always claimed the otherwise that TriumphFX is not scam and they have so call ZOOM live call and he saw the trades live until closed.