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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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Stevelai
post Oct 19 2021, 10:20 AM

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Guys, triumphfx is getting more people join around my city, is that anything we can do?
c64
post Oct 19 2021, 10:37 AM

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QUOTE(Stevelai @ Oct 19 2021, 10:20 AM)
Guys, triumphfx is getting more people join around my city, is that anything we can do?
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Nothing much you can do....people's greed and stupidity will eventually gets the better of them.

Now my friend who joined TriumphFX seems to insaf a bit after me and another experienced financial investor friend advised her a bit. Hopefully she stops recruiting people and get out herself.
Lucas0323
post Oct 19 2021, 04:50 PM

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QUOTE(Stevelai @ Oct 19 2021, 10:20 AM)
Guys, triumphfx is getting more people join around my city, is that anything we can do?
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What u wanna do? Break ppl rice bowl? Plus is a rinse and repeat situation one fall another rise cuz human is greedy through out history.
TSDrFX
post Oct 19 2021, 07:23 PM

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QUOTE(Lucas0323 @ Oct 19 2021, 04:50 PM)
What u wanna do? Break ppl rice bowl? Plus is a rinse and repeat situation one fall another rise cuz human is greedy through out history.
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Not break rice bowl. Trying to stop daylight con job for good.
Lucas0323
post Oct 19 2021, 07:31 PM

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QUOTE(DrFX @ Oct 19 2021, 07:23 PM)
Not break rice bowl. Trying to stop daylight con job for good.
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I mean we only can inform our fellow forumer other than that authority won't do anything.
TSDrFX
post Oct 20 2021, 02:53 AM

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QUOTE(Lucas0323 @ Oct 19 2021, 07:31 PM)
I mean we only can inform our fellow forumer other than that authority won't do anything.
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We need more volunteers to file complaints to the authorities. Not only expose, but we want to hunt down FX SCAMS!

complaints@fsaseychelles.sc
whistleblowing@cysec.gov.cy
authorisations@cysec.gov.cy
Decklin P
post Oct 20 2021, 11:03 AM

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newbie here, not into FX, just some regular stocks/crypto/bonds and stuff. but joined to read all the posts and educate myself. plus, sadly have a relative adamant about joining samtradefx despite me/wife warning him and telling him all the red flags.

while I feel a bit sad that people are going to get scammed, on the other hand, we'll have to let them learn their lesson the hard way. just hope that their immediate family members won't have to be the ones picking up the pieces when everything comes crashing down.

especially those who are blinded by greed can no longer be saved. whatever we point out as red flags, as obvious manipulation etc can end up as us "preventing" them from huat big time, or we are plain jealous of their "profits". or even worse, they become part of the scam and perpetuate the scam to "earn" more from their downlines.

and when the scam comes crashing down, those of us who gave advice or tried telling them would probably end up being accused of causing their "scam" to fail because surely some would have reported their scam etc, or all because there are too many people like us who don't want to see them succeed or we are jealous.

now, I just want to see how samtradefx ends up, so I can ask him "eh, how's your samtrade thing?"
Lucas0323
post Oct 20 2021, 11:41 AM

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QUOTE(Decklin @ Oct 20 2021, 11:03 AM)
newbie here, not into FX, just some regular stocks/crypto/bonds and stuff. but joined to read all the posts and educate myself. plus, sadly have a relative adamant about joining samtradefx despite me/wife warning him and telling him all the red flags.

while I feel a bit sad that people are going to get scammed, on the other hand, we'll have to let them learn their lesson the hard way. just hope that their immediate family members won't have to be the ones picking up the pieces when everything comes crashing down.

especially those who are blinded by greed can no longer be saved. whatever we point out as red flags, as obvious manipulation etc can end up as us "preventing" them from huat big time, or we are plain jealous of their "profits". or even worse, they become part of the scam and perpetuate the scam to "earn" more from their downlines.

and when the scam comes crashing down, those of us who gave advice or tried telling them would probably end up being accused of causing their "scam" to fail because surely some would have reported their scam etc, or all because there are too many people like us who don't want to see them succeed or we are jealous.

now, I just want to see how samtradefx ends up, so I can ask him "eh, how's your samtrade thing?"
*
If the person who own the money can't even safeguard it that means the money doesn't belong to that person. He she might skip this one bt still will go for another and so. Is simple bt not everyone take it seriously.

Stevelai
post Oct 22 2021, 10:13 AM

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Hi, Want to ask if the broker is Genuine but while open account is under regulated by SVGFSA... is it consider safe? checked company regulated ASIC,FCA,SVGFSA. only open account only available SVGFSA
TSDrFX
post Oct 22 2021, 03:33 PM

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QUOTE(Stevelai @ Oct 22 2021, 10:13 AM)
Hi, Want to ask if the broker is Genuine but while open account is under regulated by SVGFSA... is it consider safe? checked company regulated  ASIC,FCA,SVGFSA. only open account only available SVGFSA
*
Yes it is safe. These brokers are required to practice similar onshore rules and regulations with offshore license except leverage.

All top tier brokers are the same.
Stevelai
post Oct 22 2021, 06:49 PM

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tq so much
TSDrFX
post Oct 24 2021, 01:46 AM

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QUOTE(Stevelai @ Oct 22 2021, 06:49 PM)
tq so much
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You are welcome, Steve.
Lucas0323
post Oct 25 2021, 10:21 PM

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QUOTE(DrFX @ Oct 24 2021, 01:46 AM)
You are welcome, Steve.
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How to deposit to broker if more than what's allow by online banking?
dwRK
post Oct 26 2021, 08:10 AM

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QUOTE(Stevelai @ Oct 22 2021, 10:13 AM)
Hi, Want to ask if the broker is Genuine but while open account is under regulated by SVGFSA... is it consider safe? checked company regulated  ASIC,FCA,SVGFSA. only open account only available SVGFSA
*
means they operate in many countries under different regulations... fca, asic...

but your case account is under svgfsa regulations only... and may have less protection compared to asic or fca if you need remedy... (just saying I did not compare)
dwRK
post Oct 26 2021, 08:11 AM

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QUOTE(Lucas0323 @ Oct 25 2021, 10:21 PM)
How to deposit to broker if more than what's allow by online banking?
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split lor...
Equity
post Oct 26 2021, 04:06 PM

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QUOTE(Lucas0323 @ Oct 25 2021, 10:21 PM)
How to deposit to broker if more than what's allow by online banking?
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You can deposit with the same method by split into few days or same day with different deposit methods.
Equity
post Oct 26 2021, 04:07 PM

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QUOTE(dwRK @ Oct 26 2021, 08:10 AM)
means they operate in many countries under different regulations... fca, asic...

but your case account is under svgfsa regulations only... and may have less protection compared to asic or fca if you need remedy... (just saying I did not compare)
*
Yes, correct. Some brokers also offer indemnity insurance protection under offshore jurisdiction.
Lucas0323
post Oct 26 2021, 10:27 PM

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QUOTE(dwRK @ Oct 26 2021, 08:11 AM)
split lor...
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QUOTE(terrytan @ Oct 26 2021, 04:06 PM)
You can deposit with the same method by split into few days or same day with different deposit methods.
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Have you guys go through bank counter before? Whats the procedure like?
Equity
post Oct 26 2021, 10:41 PM

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QUOTE(Lucas0323 @ Oct 26 2021, 10:27 PM)
Have you guys go through bank counter before? Whats the procedure like?
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Try to avoid that. It's very hassle. Form to fill in, questions to answer, some local branches do not entertain you if they know it's for FX.

Many brokers offer local bank deposit nowadays. You can also perform wiretransfer through e-banking.


eugene84chan
post Oct 30 2021, 06:30 PM

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is fracproperty.com legit investment platform?
they offer FRAC tokens.

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