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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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TSDrFX
post May 31 2022, 03:26 AM

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QUOTE(staind @ May 30 2022, 02:10 PM)
Anyone here uses Primexbt? Trustable?
It is crypto exchange but it also has forex and CFD.
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It's an offshore platform. We do not encourage trading with any offshore broker.
tempt P
post Jun 5 2022, 10:56 PM

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Hello may I ask if VT markets has any negative news before?



With the legal information writing that it is regulated by ASIC i suppose it is legit, please correct me if I wrong..thank you!

https://pictr.com/images/2022/06/05/ByjQiA.md.png
tempt P
post Jun 5 2022, 10:57 PM

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QUOTE(tempt @ Jun 5 2022, 10:56 PM)
Hello may I ask if VT markets has any negative news before?
With the legal information writing that it is regulated by ASIC i suppose it is legit, please correct me if I wrong..thank you!
<a href='https://pictr.com/images/2022/06/05/ByjQiA.md.png' target='_blank'>https://pictr.com/images/2022/06/05/ByjQiA.md.png </a>
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link to website:

https: //www.vtmarkets.com/
MUM
post Jun 6 2022, 12:29 AM

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QUOTE(tempt @ Jun 5 2022, 10:56 PM)
Hello may I ask if VT markets has any negative news before?
With the legal information writing that it is regulated by ASIC i suppose it is legit, please correct me if I wrong..thank you!
<a href='https://pictr.com/images/2022/06/05/ByjQiA.md.png' target='_blank'>https://pictr.com/images/2022/06/05/ByjQiA.md.png </a>
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QUOTE(tempt @ Jun 5 2022, 10:57 PM)
link to website:

https: //www.vtmarkets.com/
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Not sure if this is related...
This vt market is in sc my alert list
https://www.sc.com.my/regulation/enforcemen...stor-alert-list




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Equity
post Jun 6 2022, 02:02 AM

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QUOTE(tempt @ Jun 5 2022, 10:56 PM)
Hello may I ask if VT markets has any negative news before?
With the legal information writing that it is regulated by ASIC i suppose it is legit, please correct me if I wrong..thank you!
<a href='https://pictr.com/images/2022/06/05/ByjQiA.md.png' target='_blank'>https://pictr.com/images/2022/06/05/ByjQiA.md.png </a>
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VTMarkets is a white label of VantageFX. What do they offer? Mainly a broker service right?
tempt P
post Jun 6 2022, 07:16 PM

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QUOTE(MUM @ Jun 6 2022, 12:29 AM)
Not sure if this is related...
This vt market is in sc my alert list
[url=https:// www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list]https:// www.sc.com.my/regulation/enforcemen...stor-alert-list[/url]
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I think this tell us they did not obtain the license from malaysia financial regulator, thank you for pointing that out!
tempt P
post Jun 6 2022, 07:24 PM

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QUOTE(terrytan @ Jun 6 2022, 02:02 AM)
VTMarkets is a white label of VantageFX. What do they offer? Mainly a broker service right?
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Yes broker service, I'm concerned whether they are legit and regulated broker or if they had history of faking performance like the other scams broker because in their legal information they were regulated by ASIC but just specifically for one of his company, I'm concerned if they open account for his trader on the other unregulated company then manipulate the performance to attract people into it as I found one decent performance ea seller from this broker in myfxbook but there were so many complaints that it is not replicable.
TSDrFX
post Jun 6 2022, 10:36 PM

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QUOTE(tempt @ Jun 6 2022, 07:24 PM)
Yes broker service, I'm concerned whether they are legit and regulated broker or if they had history of faking performance like the other scams broker because in their legal information they were regulated by ASIC but just specifically for one of his company, I'm concerned if they open account for his trader on the other unregulated company then manipulate the performance to attract people into it as I found one decent performance ea seller from this broker in myfxbook but there were so many complaints that it is not replicable.
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We are interested to know how do you know the broker did manipulated performance. Can you share the Myfxbook?
tempt P
post Jun 6 2022, 11:09 PM

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QUOTE(DrFX @ Jun 6 2022, 10:36 PM)
We are interested to know how do you know the broker did manipulated performance. Can you share the Myfxbook?
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I'm unsure about it, my goal here is to cross out that possibility.

The seller myfxbook link: https:// www.myfxbook.com/members/HappyForex/happy-gold-v20-vtmarkets-m30/8647517

and the complaints on discussion, complaining dev is winning trades because of zero slippage.

The seller have this ea running in total 4 different brokers:

VT Markets, TMGM, IC Markets, Tickmill.

Out of the four VT Markets and TMGM are real account while ICM and Tickmill are demo account.

What raise my suspicion is the complaints and why he run demo with those well established brokers but run real with brokers that I never heard of (might because Im not sensible as well..)

Kindly enlighten, thank you

TSDrFX
post Jun 7 2022, 02:09 AM

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QUOTE(tempt @ Jun 6 2022, 11:09 PM)
I'm unsure about it, my goal here is to cross out that possibility.

The seller myfxbook link: https:// www.myfxbook.com/members/HappyForex/happy-gold-v20-vtmarkets-m30/8647517

and the complaints on discussion, complaining dev is winning trades because of zero slippage.

The seller have this ea running in total 4 different brokers:

VT Markets, TMGM, IC Markets, Tickmill.

Out of the four VT Markets and TMGM are real account while ICM and Tickmill are demo account.

What raise my suspicion is the complaints and why he run demo with those well established brokers but run real with brokers that I never heard of (might because Im not sensible as well..)

Kindly enlighten, thank you
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We dont see anything wrong with the Myfxbook. Well VT Markets might not be a good brokers that probably has a lot of slippages. We can see his TMGM account is doing better. Let's not compare with demo which has less slippages.
FairyCheek
post Jun 8 2022, 12:13 PM

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Hello, I am new here in lowyat forum. I am currently working as Marketing Exec with ASIC regulated broker, I am a fresh in this field. I wish to know how can I get professional trader/institutional client (HNW) for my company. Is there any way I could look for IB to collaborate with as well?
kinnasai
post Jun 8 2022, 05:26 PM

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This Triumph FX is promoting aggressively these days... wondering how HUGE the scammed amount is now, shall be sky number now.... very scary scenario....
Equity
post Jun 8 2022, 07:00 PM

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QUOTE(FairyCheek @ Jun 8 2022, 12:13 PM)
Hello, I am new here in lowyat forum. I am currently working as Marketing Exec with ASIC regulated broker, I am a fresh in this field. I wish to know how can I get professional trader/institutional client (HNW) for my company. Is there any way I could look for IB to collaborate with as well?
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Not sure we can help you but it will depend on how well your broker is including your offer, executions, spreads, etc.
TSDrFX
post Jun 8 2022, 07:01 PM

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QUOTE(terrytan @ Jun 8 2022, 07:00 PM)
Not sure we can help you but it will depend on how well your broker is including your offer, executions, spreads, etc.
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What's the name of your broker?

This post has been edited by DrFX: Jun 8 2022, 07:02 PM
TSDrFX
post Jun 8 2022, 07:02 PM

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QUOTE(kinnasai @ Jun 8 2022, 05:26 PM)
This Triumph FX is promoting aggressively these days... wondering how HUGE the scammed amount is now, shall be sky number now.... very scary scenario....
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It's the final count down...
Lucas0323
post Jun 8 2022, 09:33 PM

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QUOTE(kinnasai @ Jun 8 2022, 05:26 PM)
This Triumph FX is promoting aggressively these days... wondering how HUGE the scammed amount is now, shall be sky number now.... very scary scenario....
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Just eat popcorn and watch.
tempt P
post Jun 9 2022, 01:58 AM

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QUOTE(DrFX @ Jun 7 2022, 02:09 AM)
We dont see anything wrong with the Myfxbook. Well VT Markets might not be a good brokers that probably has a lot of slippages. We can see his TMGM account is doing better. Let's not compare with demo which has less slippages.
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Thank you for your review!
FairyCheek
post Jun 10 2022, 10:24 AM

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QUOTE(DrFX @ Jun 8 2022, 07:01 PM)
What's the name of your broker?
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Alpha Trade Pty Ltd (www.alphatrade.com.au)

If anyone interested to meet up (KL) and understand better, please do let me know.
We have office here in KL.
I will try my best to assist or accommodate to your request.
ggdoggycom
post Jun 13 2022, 02:40 PM

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thank you for good info shared here
Agent51 P
post Jul 3 2022, 04:04 AM

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anyone investing in ASJ Forex Global? Have been asked by a friend to join this FX trading platform. The platform will give out FX trading signal daily for you to trade in MT5. So far my friend have been consistently getting 3%++ daily since earlier this year.

Apparently now they have a recharge event that with each top-up, will be awarded extra 50%. The link to this FX broker www.asjfx.co/activity

Sounds too good to be true shocking.gif shocking.gif rclxub.gif . Is this a scam? hmm.gif

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