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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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Equity
post Dec 2 2018, 02:18 AM

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QUOTE(Justmua @ Dec 1 2018, 10:51 PM)
Showing of nett profit in your own website. Show the conservative nett profit. Seeing gross profit make no sense for investors.

BTW TerryTan, I don't see any funds in Pepperstone. Which one is with PS?
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Hi Justmua,

I have mentioned why we unable to show net profit. FYI, many regulated fund management firm also not showing net profits. To make it simple, we show the performance according to traders' personal account.

BTW Justmua, how do you see that no funds in Pepperstone? All our portfolios available on Pepperstone. Our portfolio manager teams are happy to trade with Pepperstone.

This post has been edited by terrytan: Dec 2 2018, 02:32 AM
Equity
post Dec 2 2018, 02:21 AM

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QUOTE(johnnyzai89 @ Dec 1 2018, 12:12 PM)
wow Terry, pretty impressive website and i saw all the licenses your company have!

I have a lot more questions, maybe we can take this offline if you don't mind
*
Hi johnyzai89,

You are welcome.
Equity
post Mar 15 2019, 09:53 PM

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QUOTE(chittyserv @ Mar 15 2019, 10:03 AM)
GCG office is same floor with my office... everyday see those china people kena scam.. take picture like its a GOLDMINE... 3 buses of china people visit weekly... those sweat money is going down the drain
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Pretty disappointed to know that. Nowadays people has no interest on genuine trading. Like i posted great return portfolios, doesnt seems anyone interest to invest. But people are so much attracted to scam and fake Forex.

What's going on with this world? mega_shok.gif
Equity
post Apr 5 2019, 04:17 PM

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QUOTE(Holiao @ Apr 2 2019, 12:07 PM)
Hi All Sifus here,

Want to ask about GoldTinkle, it seem they claim they are from million tinkle HK.

They claim that they hired or copy trade this person
https://www.myfxbook.com/en/members/Million...-kasich/2821816

They using Meta Trader 4. No live trading, when I ask my friend they say this is to prevent people from copying their trade.

My friend ask me to join . Minimum 1k USD. and you get reference fees for your downline when they withdraw their profits. i think 2% and further line 1% and 10% is for broker fees.

They generally boast about 10% profit monthly.

So what do you guys think?? Is this the new scam in town or legit??
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Have you check with https://www.milliontinkle.com ?

It seems like a clone site and manipulated trading records.

The membership they posted on their web site is only valid for jewelry shop or gold traders. Not for running as an investment firm.
Equity
post Apr 11 2019, 03:29 AM

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QUOTE(dino89 @ Apr 10 2019, 10:21 AM)
Hi sifus,
Planning to invest is Forex but have no clue on how to invest
Any suggestions on which Forex should I invest in?
Thanks
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You may consider this genuine portfolio investment. Can start as low as USD2,000. Free registration here www.vesbolt.com/18000018

It's available on Pepperstone, ATCBrokers, Swissquote Bank, Tickmill, ThinkMarkets, Blueberry Markets, LCG etc.

https://www.myfxbook.com/members/fxpromaker...romaker/2889688 thumbup.gif thumbup.gif thumbup.gif thumbup.gif thumbup.gif

user posted image

This post has been edited by terrytan: Apr 11 2019, 03:33 AM
Equity
post Apr 11 2019, 06:16 PM

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QUOTE(Justmua @ Apr 11 2019, 08:54 AM)
What's the profit sharing ratio?
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25% performance fee
Equity
post Apr 13 2019, 02:09 PM

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QUOTE(jack2 @ Apr 13 2019, 06:23 AM)
Any mark up from.spreads besides charging performance fee?
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Yes, it does charge USD10 per lot commissions. No spreads mark up. All accounts trading on raw spreads.

However, this trader is trading with medium long term strategy and very low trading volume. No scalping.

Up to USD6.50 per lot commissions is for advisory payout and up to 10% performance fee will go to advisory program.

Let me know if you have any further question. thumbsup.gif


Equity
post Apr 13 2019, 02:20 PM

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QUOTE(Virgodqian @ Apr 12 2019, 01:12 PM)
Hi Guys,

Sorry I have to come back with MIA,
my brother has joined MIA for almost 2 years, and invested quite alot of money. At the same time, he actually has already gain back all his capital, also he has alot of friend to join him together with really alot of money.
Also I had seen account with profit at 10k USD per week.

My question is, if MIA / Fintechfx is really a scam, can they sustain this long? or anyone have any idea when are they going blow off the balloon?

I am not siding them, just wanna know all of your opinion, as i am going to invest too.

PS: my brother as in half-brother, even though i seen all account, but if i myself want to put in the money, i have to think twice too.

Thanks in advance for all your information.
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2 years is normal for SCAM. Without 2 years, the SCAMMER cant gather enough "bullet" for their retirement.

Your question is pretty virgin. nod.gif How old are you?

Mark my words, MIA will burst by 2019. They have officially declare themselves as offshore broker, no regulation no protection when it burst. You should invest more before it end. drool.gif

This post has been edited by terrytan: Apr 13 2019, 02:20 PM
Equity
post Apr 13 2019, 02:23 PM

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QUOTE(DrFX @ Apr 13 2019, 02:15 PM)
It' not invest, you play the game. Dont make yourself sounds stupid, kid. You will definitely play more before it gone.
*
Invest more... Make sure you dont disappeared when it burst ya. Sorry play more. Not invest as DrFX said.

Come back here and share your SCAMMED experiences.

This post has been edited by terrytan: Apr 13 2019, 02:24 PM
Equity
post Apr 14 2019, 04:02 AM

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QUOTE(jack2 @ Apr 13 2019, 04:45 PM)
I saw there is one mam charges 35% performance fee plus 2 pips mark up on all pairs. It means the profits you got for sure are lesser than the master trader account after net off the 2 pips mark up.
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Please clarify where did you saw above fees.

I didnt notice there is such fees charge by VESBOLT.

The fees charge included USD10 per lot commissions + 25% performance fees.

This post has been edited by terrytan: Apr 14 2019, 04:03 AM
Equity
post Apr 20 2019, 05:13 PM

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QUOTE(randycmh @ Apr 20 2019, 04:35 PM)
I must make it clear Im in no ways associated with MIA. only here to read comments and curious about his confident. Do not assume im one of MIA.
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It's not about confident. It's the fact that MIA is a SCAM. Only newbie like you do not know how to judge/identify. That's why you make the challenge like those fall into it. Please learn to identify. Be educated. I believe you are not old auntie uncle who cant read.
Equity
post Apr 20 2019, 05:18 PM

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I make a summary about MIA for those who can read Chinese.

Short Article Posted on 原来是这样Page。A case study of the current hottest FX SCAM - MIA.

小弟Terry以简单与直接一点的方式来解释好吗?从Maxim Trader 讲到JJPTR,IGOFX, 还是很多新手真真假假分不清楚。人的贪念会让自己变有眼无珠。小弟以十二年的外汇经验来分享。外汇交易都是有风险的,输赢赚亏乃兵家常事。每个月都赚就不寻常了。就连George Soros也做不到。更不用说什么MIA, GCG,Midasama, TriumphFX等. 有些人知道是骗的,还很理所当然的推荐给其他不了解的受害者,就只为了赚取佣金。那你教儿女去做老千就好,不用读书那么麻烦。如果这里有在做MIA的朋友,真的不好意思。很抱歉,小弟直话直说, 不常用华语写文章,所以不够专业。

Case Study - MIA (Missing in Action)
第一,我们在外汇界是以Licensing/Regulations 来分辨真假。他们说MIA-FINTECHFX 有美国与澳洲执照。有个屁!一开始就是骗局!美国NFA外汇经纪商的执照一张过千万美元。MIA-FINTECHFX有的是基本商品交易者的注册,才不到一万美元就拿得到,可惜听说注册很没被批准。 Australia ASIC 更好笑,根本不是外汇经纪商的执照,只是拿个便宜的来挂羊头卖狗肉。他们根本没有投资或外汇执照,是非法集资, 利用外汇来做金钱游戏。哪里会有合法外汇经纪商是用money changer收钱的,是一项洗黑钱的罪行。自从被澳洲ASIC警告后,MIA/FintechFX已经在网站声称一切外汇投资活动跟澳洲公司没有关系。“The FX and /Derivatives offered on this website are NOT provided by the Australian entity and no recourse against the Australian entity is available.“ 所有MIA的投资活动都是属于offshore 离岸公司。 All financial products or services offered on this website are solely provided by My Group Fintech Co Pty Ltd (24375 IBC 2017)。 换句话说,根本没有受到政府监控,他们要怎么做,就怎么做。难听一句,当老板要收盘时,他们可以一夜把你的投资额输完,你也只能L L, 那时候就真的Missing In Action。到时你可以去St.Vincent & Grenadine 岛一游。Google Map不知道看到这小岛吗?几千块钱的公司,你能相信吗?

第二,很多人以为有MT4平台和Myfxbook就是真的。MT4 是可以用MT Administrator来造假交易。就像你的Excel,要怎样改都可以,改开价,盈利,时间,日期。。。 你的手机什么都可以改,何况是MT4。原因是他们的MT4是完全没有任何银行对接。都是空的。我们叫B Book。你试试叫他们交出Bank/Liquidity provider的交易单。看看跟你们MT4账户看到的有没有一样。小弟在此大胆地保证他们交不出来。 如果有好执照的外汇经纪商,他们的MT4就会被监管与审计,不会乱乱来。MIA是offshore平台,根本没有所谓的投资者保障, 没有 law。老板要赢就赢,要关就关。还有,老兄,你的Myfxbook https://www.myfxbook.com/…/me…/MIA491/j...arrison/2411336 未免太假了,平均每个月赚超过10%,你最差才输过2.18%?小弟甘拜下风,George Soros也要喷远一点。全世界的专业交易者都知道这是根本没可能的。Myfxbook VERIFIED只是告诉你这MT4账户是真的,不过它是没办法分辨交易记录是真是假。

第三,做假交易的外汇骗局是不可能会用其他好的外汇经纪商平台。原因是他们会露出狐狸尾巴,没办法做到神一般的交易成绩。你们试试叫MIA用其他国际有名的外汇平台做交易, Gain Capital, FXPRO, Pepperstone, Oanda, IC Markets, LMAX, etc,他们一定给你很多奇奇怪怪的理由说他们没办法用其他外汇经纪商的平台。真正的外汇投资平台,可以用很多符合规定及有执照的外汇经纪商。一个好的交易者,用随便一个好的外汇平台都可以交出成绩。那当然,不是每个有执照的外汇平台都是好的,要会做对的选择。

除了MIA, GCG...,市场上还有很多外汇骗局,你们可以用同样的方式来试探。不过,小弟要注明的是外汇不是骗局,是很多老千把外汇拿来做成骗局。外汇是国际资本最大的市场。在很多国家,外汇交易都是合法的,如美国,英国,欧洲,澳洲,香港,新西兰,新加坡,瑞士,日本等。马来西亚目前还没有正式的外汇监管部门或执照,所以我们可以根据以上国家的外汇执照来做标准。市场上也有一些外汇骗局是用收购有外汇执照公司来进行诈骗,比如TriumphFX, GCG, 等。

不好意思,小弟忍了好久才写出以上不完美的文章。谢谢各位。得罪了。回头是岸。[Terry]
Equity
post Apr 25 2019, 10:10 PM

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QUOTE(randycmh @ Apr 25 2019, 06:12 PM)
Since you are not able to answer my question, or rather keep avoiding, lets just stop here.
*
I doubt there are anyone here like to entertain people like you.
Equity
post Apr 29 2019, 08:59 PM

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QUOTE(z21j @ Apr 29 2019, 08:18 PM)
Anyone heard about fxggtrades (now known as fxigtrades)? Recently quite hot in europe. They said they have been exist in the market for 10 yrs under fxggtrades trade names.
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Never heard of. Who told you?
Equity
post Apr 30 2019, 05:31 PM

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QUOTE(z21j @ Apr 29 2019, 09:12 PM)
Came back from europe and my uni friends told me about this. There is a customer support when i log on fxigtrades.com so i did my own dd. I said very bluntly i never hear this website before then the support said it has been long exist in the market under fxggtrades.com. totally never hear before

Instagram seems like a money market so i advise everyone watchout.
*
There is no licensing details on the web site and it is an unknown FX broker. What you have been offered?
Equity
post May 21 2019, 03:28 AM

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QUOTE(mukidi @ May 20 2019, 12:47 PM)
To fool people lah ....
but MIA-FintechFX is more stupid than GCG,
because MIA-Fintech buy license for "securities investment company" not "forex broker"

GCG buy forex broker license ..
but ASIC will not interfere with GCG Scamming Acts...
because GCG use Different Name with the one registered in ASIC for their MT4 Server
*
MIA is launching their final round of scam package. Those greedy will be trapped.
JAMES HARRISON new strategy come with 3 months 100% return. May be trying to compete with GCG Asia. Their fund will be locked for 1 year. It will game over before the 1 year period.


Cambodia charges GCG ASIA's CEO with "fraud attempt" for linking PM to unlicensed cryptocurrency business. GCG Asia now is as good as dead. Those scammers supporting GCG Asia are still holding their ground firmly. Stupidity has no cure.

3rd world countries regulators seems more effective than Malaysia in fighting scams.

This post has been edited by terrytan: May 21 2019, 03:30 AM
Equity
post May 21 2019, 04:46 PM

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QUOTE(hael- @ May 21 2019, 01:43 PM)
MIA doesn't lock the capital. Investor still can take their capital out. But if so, they won't get the benefit of 80:20 profit sharing and their credit bonus will be gone.

MIA CEO invited to annual shareholder meeting. Is this for real ? Looks very legit.
[attachmentid=10251810][attachmentid=10251811]
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This is not invited. Whoever can afford to pay for it, you can attend. Dont be cheated by the MIA scammers.

The new package will lock the fund for 1 year.
Equity
post May 21 2019, 10:15 PM

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QUOTE(manrino123 @ May 21 2019, 07:38 PM)
Basically there's no "lock in" capital (see #5-7). But if u wd the capital under 3/6 months, u won't get the benefit of 80:20 profit sharing.
There's also bonus 20% capital which can be withdrawn after 1 year.

Regular profit sharing are :
- 60:40 ($1000-9999)
- 70:30 ($10,000 n up)
- 80:20 ($120,000 n up... only for JHE)

So this promotion is allowing investors to get benefit which usually only given to JHE members.
Usually JH gives us profit 8-17% per month. I think for "promo 31" members, he will double the lot to achieve that profit 30%. Keep in mind, this 30% profit is a 'target'... can be achieved, can be not.
Oh before u guys accusing me as MIA's staff... nope, I'm just a mere investor who put some of my portfolio in MIA wink.gif
*
You are not investor, but player. It's a scam, so not a genuine investment.

Let's begin the countdown for MIA close shop.
Equity
post May 22 2019, 12:33 AM

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QUOTE(rmyk88 @ May 22 2019, 12:04 AM)
Guess.. which one will close shop 1st?  MIA or GCG ? 

may this year 2019 will endgame for this 2 scamming company..
*
With the founder and CEO facing charges in Cambodia, GCG Asia is as good as dead. After GCG Asia, MIA will be the next one.
Equity
post May 23 2019, 08:30 AM

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QUOTE(manrino123 @ May 23 2019, 12:21 AM)
Maybe I'm both investor n player  tongue.gif

Ok here's the fact, few hrs ago JH trade XAUUSD :
- buy : 1273.11
- sell : 1276.46

Pls check accordingly to the chart. Does it legit or not?
If it doesn't, tmrw I'll wd all my money in MIA  smile.gif
*
Newbie, we do not identify a scam/ponzi scheme by a single trade. If you are, either you are newbie or you are part of MIA.

I was informed by one of the MIA players who realized it is a scam and still waiting for his withdrawal since 1 month ago. It does not make it a legit investment even it did not lock. He also mentioned that MIA did mixed some real trades with manipulated trades which is not real time.

This post has been edited by terrytan: May 23 2019, 08:33 AM

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