Thanks DrFX. Considering moving to Interactive Brokers as after making comparisons, should be the safest for funds security. Any experience using IBKR to trade CFDs for forex, metals, energy, indices ?

IB is more to shares trading. For FX CFDs, you need to compare the spreads yourself.

The spreads are comparable to the other brokers. Haven't used IBKR to trade CFDs on other instruments to experience the execution.

Hi Everyone, thank you for your contributions and discussions, I gained a lot of knowledge.

I have a question - are there any genuine recommended FX PAMMs?

I am looking to invest, your help is appreciated.

Thank you.

Hello sidmirpuri,

You can check out the MAM/PAMM of these portfolio managers. https://www.vesbolt.com/our-portfolios

please la dont invest to all this scam..just trade for urself..

how hard to trade to forex just open high low of your daily chart. trade from that area. hit sl. then move on. take atleast 1:2 RR. forex can easy give that. not like sohai bursa malaysia.

but need good broker lah. no deposit bonus broker. no shit IB ..

if u really master that mean can can go like 1:3 and above RR. go trade for prop firm like FTMo something. one trader just get 15k payout in my telegram group.

I am not sure which one you think is a scam. But if you think VESBOLT trading with Swissquote Bank, Pepperstone, FXCM, Axi, ICM Capital also scam, i think something is wrong with you.

Not everyone a super trader like you. I am curious how well you can trade, mind to share your Myfxbook? May be you can become our trader as well.

This post has been edited by terrytan: Apr 16 2022, 03:33 PM

Another TriumphFX SCAM added to the list.

130: Goldenaire

TriumphFX is aggresively recruiting MLM leaders to setup new "plate" to fill up their fire in the hole.

Question: Are these people who set up the divisions "in the know" as well? I mean, do they know that it is all scams or they are just about clueless as the victims?

Most of them are MLM or money game leaders with zero or basic FX knowledge. They buy the beautiful lie of TriumphFX people that they have godlike traders to trade for them with monthly over 10% returns.

What do you guys think?

OK. My follow-up question: If these "leaders" who set up companies (or whatever legal entity it registered as) are actually just clueless victims and not part of the scammers, could they still be legally be held responsible and thrown into jail once the whole thing collapse? After all, they put up their name on it. Just take the example of "Goldenaire" that you just shared, once Triumphfx collapses, could the owners and employees of this "Goldenaire" be arrested and charged even if they themselves are true believers and never aware that it is a scam?

Hi Poksilap,

After TriumphFX directors were jailed in Singapore in 2018, they learned to keep everything offshore. There will be no local companies, thus it is out of Malaysia jurisdiction. In short, Malaysia authorities are not able to do anything if there is no solid evidences. For examples, where did victims sent their money, who are the receivers, proof of payment to a local firm or local individual.

The owners or employees of Goldenaires will definitely pretend themselves as the victims as well since they are only a marketing firm who get paid by commission. TriumphFX offshore is still the one collecting the fund. However, we learned that their leaders/investors allow to do 3rd party transfer which non of the legit brokers able to do that. This is illegal.

End of the day, victims responsible for their own foreign investment that is out of Malaysia jurisdiction. The only way Malaysia authorities will take action if there are many victims filed cases with proof of payments. After all, Malaysia is scams heaven.

U gt record to back that up or pure talk?

happy?

wah so passive aggresive asking people track record.

I dont need your money la..

i can trade myself.

Thats about 20% in a month. Is it alot?

you posted immediately after his reply recommending vesbolt mah... he is vesbolt so you kacau his rice bowl... des why...

i just said for general talk. maybe my mistake. i am very sorry if he misunderstood my intention.

i dont kacau him asking for track record. i dont even mention vesbolt. if he trade with good broker. yes i support him.. lose also lose la. it business. all have risk..

sorry ah TS

i am not good trader la bro..

sometime i just yolo to hit the target get lucky. if burn .. burn my fee.. then try again.

dont follow my strategy . i risk my fee for bigger reward.

but once i got funded. i will back to basic money management..

you dont know how much i lose also try a lot of prop firm..

Demo server? Demo account? Hmmm....

Any live account Myfxbook link to share with us? We think many here interested to see how well you can trade like you said.

It pretty hard to see one month result, next month can go haywire. Usually min 2 years track records for a good trader.

This post has been edited by DrFX: Apr 17 2022, 02:40 PM