so as long as they hold at least a tier 1 license then it should be fine right?

Dr Fx,

On your first page, my opinion is that you might need to make a little bit of update since there are many top tier regulated brokers also holding off shore regulation now in order to offer high leverage trading environment to their clients.

Hi viruz,

Absolutely.

What changes do you suggest?

Maybe you can suggest ranking of off shore regulation for brokers which doesn't hold Tier 1 regulation.
You can also provide your opinion on current trend where Tier 1 broker offering off shore regulation for high leverage trading.

Hi viruz,

We do not recommend any offshore broker without tier 1 or 2 regulation. Trade/invest at your own risk.

As long as tier 1 or 2 brokers on our genuine broker list, it will be fine regardless of trading under onshore or offshore for leverage benefit.

Ok

I accidentally bumped into this thread, while searching for this on google "Triumphfx Application". I had a little shock to read all some your postings here. By godsend, lucky to say that im still stuck at the "application pending" status which ive just signup for it 3 days ago.

I was recommended by a good contact of mine, whereby he invested close to USD100k and getting 7% 5 weeks cycle, sounds very good to me. He has been into this for close to 1.5 years.

Basically, people like me, who lost most of the projects/works due to MCO, this is one of THE 'lucrative' way of earning accumulated money from savings...

i've decided to stop funding my only savings i have into a SCAM entity. i cannot take the risk. Just wanna post here to thank Dr.FX, Terry and many others here that are seriously guiding & helping newbie like myself.

i will look into your Whitelist of traders and i need your advise, since im a newbie and have little less knowledge on trading, looking for Fund Managers to assist me out. Understand that they will have a cut few % that we make together, im find with that. Any recommendation on that?

You are very welcome.

Latest announcement from Singapore MAS, SamTradeFX has been added to alert list after few months investigation.



We do not call a FX SCAM without solid evidences, you can choose not to believe us, but you will learn your lesson soon or later.

We appreciated all the members here who take serious consideration on our advise.

DrFx, what is your opinion on cysec regulation? why is it not even in your Tier 2 list? I though Cysec regulation is no longer the same as few years back?

Cysec is one of the worst regulator. They are not responsive and your complains may end up with auto response email.

ok, thanks.

Is FBS a scam broker?

Given FBS has obtained Australia ASIC license early this year, we have added FBS into the genuine brokers list.

DrFX, how to check if a broker is holding segregation account? Some brokers are easily see on their wire transfer account where its clearly stated with word "client segregation", but some just broker company name even though it holds a proper regulation. I have tried before contacting their bank but they refused to disclose information due to privacy concern.

why wikiFX give bad rating to FBS, and a lot of withdrawn complaint also
https://www.wikifx.com/us_en/dealer/3981687359.html

how to check FBS have Australia ASIC license from any official site?

https://fbsaustralia.com/en

We shall continue monitor their performances. If anyone has bad experiences with FBS, please feel free to share here.

Dear Elite Members,

We are currently working on due diligence for TradeHall Pty Ltd https://www.tradehall.co .

Do shares the information if you have any.