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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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MUM
post Jul 3 2022, 09:58 AM

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QUOTE(Agent51 @ Jul 3 2022, 04:04 AM)
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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This is from,....

https://www.sc.com.my/resources/media/inves...t-as-at-2752022

👍👍"So far my friend have been consistently getting 3%++ daily since earlier this year."..... Assuming it is just 5 mths.... 3% x 150 days = 450%....
Thus my answers is Yes on your question of "Sounds too good to be true?"
hope Yr friend did manage to withdraw at least 300% of it by now.

This post has been edited by MUM: Jul 3 2022, 10:34 AM


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Equity
post Jul 12 2022, 12:11 AM

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QUOTE(Agent51 @ Jul 3 2022, 04:04 AM)
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
*
I thought this ASJ game over recently? Saw it on Facebook. Can someone confirm?

This post has been edited by terrytan: Jul 12 2022, 12:12 AM
Jitty
post Jul 12 2022, 02:56 PM

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QUOTE(terrytan @ Jul 12 2022, 12:11 AM)
I thought this ASJ game over recently? Saw it on Facebook. Can someone confirm?
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the news is heavilty discussed in XIAOHONGSHU too.

quite confirm it is DOOMED
Equity
post Jul 12 2022, 05:37 PM

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QUOTE(Jitty @ Jul 12 2022, 02:56 PM)
the news is heavilty discussed in XIAOHONGSHU too.

quite confirm it is DOOMED
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bruce.gif Oppps
Davidtcf
post Aug 3 2022, 01:58 PM

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Nowadays see many Octa FX advertisements in Youtube or other web ads. Is it trusted?

This post has been edited by Davidtcf: Aug 3 2022, 01:59 PM
dampshit
post Aug 3 2022, 03:14 PM

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Triumph Fx under Rajesh Funds in China, members cant withdraw the capital in July 2022. Until now some of the members still not receive the withdrawal into bank account.

I guess Trimpuh Fx going to collapse soon. You can get the info on www.baidu.com
CommodoreAmiga
post Aug 4 2022, 09:04 AM

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QUOTE(Davidtcf @ Aug 3 2022, 01:58 PM)
Nowadays see many Octa FX advertisements in Youtube or other web ads. Is it trusted?
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With all those cringy video ads. I say hell totally untrustworthy.
weicuenbb
post Aug 9 2022, 11:17 AM

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Guys.. Nikolay divinsky scam or nah? I have seen online some people are defending it and some people are saying its a scam.. tho returns looks attractive
MUM
post Aug 9 2022, 12:45 PM

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QUOTE(weicuenbb @ Aug 9 2022, 11:17 AM)
Guys.. Nikolay divinsky scam or nah? I have seen online some people are defending it and some people are saying its a scam.. tho returns looks attractive
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While waiting for responses, you may try this existing specific thread of almost the same interest, for some added info

nikolay divinsky ponzi or legitimate ah?
https://forum.lowyat.net/topic/5258362

TSDrFX
post Aug 9 2022, 04:42 PM

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QUOTE(MUM @ Aug 9 2022, 12:45 PM)
While waiting for responses, you may try this existing specific thread of almost the same interest, for some added info

nikolay divinsky ponzi or legitimate ah?
https://forum.lowyat.net/topic/5258362
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Anything related to TriumphFX is 1000% confirmed SCAM. It's a FX ponzi scheme.
ZackLegacy
post Aug 9 2022, 10:40 PM

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QUOTE(DrFX @ Mar 21 2022, 03:44 PM)
New FX SCAM Added to the list.

129. Herzen (AIFX Technology)
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Hi recently got approached by friend by this too. Any further more explaination about this ? Need more ideas here. Thanks pros
MUM
post Aug 9 2022, 10:48 PM

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QUOTE(ZackLegacy @ Aug 9 2022, 10:40 PM)
Hi recently got approached by friend by this too. Any further more explaination about this ? Need more ideas here. Thanks pros
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While waiting for his response, I Googled and found this. Hope it can provides you with some info abt Herzen.

SC adds Herzen to Investor Alert List
Surin Murugiah / theedgemarkets.com /July 27, 2022
https://www.theedgemarkets.com/article/sc-a...stor-alert-list


This post has been edited by MUM: Aug 9 2022, 10:52 PM
TSDrFX
post Aug 9 2022, 10:50 PM

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QUOTE(ZackLegacy @ Aug 9 2022, 10:40 PM)
Hi recently got approached by friend by this too. Any further more explaination about this ? Need more ideas here. Thanks pros
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Hi ZackLegacy,

What do you want to know?

It's an FX SCAM with fake manipulated trading. Hence it runs like typical FX SCAM or a ponzi scheme.
ZackLegacy
post Aug 9 2022, 10:51 PM

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QUOTE(MUM @ Aug 9 2022, 10:48 PM)
While waiting for his response, I Googled and found this. Hope it can provides you with some info abt Herzen.

SC adds Herzen to Investor Alert List
Surin Murugiah / theedgemarkets.com /July 27, 2022
https://www.theedgemarkets.com/article/sc-a...stor-alert-list

Btw, Drfx why was your post abt Herzen "missing"?
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but even etoro is also in SC right? sorry coz im totally new to the field
Equity
post Aug 9 2022, 10:53 PM

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QUOTE(ZackLegacy @ Aug 9 2022, 10:51 PM)
but even etoro is also in SC right? sorry coz im totally new to the field
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SC is just serve as a pre-cautious for SC unregulated firms. Anything out of Malaysia, they have no authority to control. You have to learn how to protect yourself from SCAMS.

This post has been edited by terrytan: Aug 9 2022, 10:54 PM
MUM
post Aug 9 2022, 10:54 PM

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QUOTE(ZackLegacy @ Aug 9 2022, 10:51 PM)
but even etoro is also in SC right? sorry coz im totally new to the field
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I think in layman terms,
You will not be provided the protection under the law in malaysia if any shits were to happens.
Thus it is just your choice.
ZackLegacy
post Aug 9 2022, 10:55 PM

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QUOTE(DrFX @ Aug 9 2022, 10:50 PM)
Hi ZackLegacy,

What do you want to know?

It's an FX SCAM with fake manipulated trading. Hence it runs like typical FX SCAM or a ponzi scheme.
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bcoz the ppl who approached me showed me the myfxbook record. so i just wanna know is it myfxbook used to determine the broker legit ?
MUM
post Aug 9 2022, 10:59 PM

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QUOTE(ZackLegacy @ Aug 9 2022, 10:55 PM)
bcoz the ppl who approached me showed me the myfxbook record. so i just wanna know is it myfxbook used to determine the broker legit ?
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Can that "myfxbook" be manipulated?
How can a broker's legitimacy be judged by just having "myfxbook"?

ZackLegacy
post Aug 9 2022, 11:01 PM

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QUOTE(MUM @ Aug 9 2022, 10:59 PM)
Can that "myfxbook" be manipulated?
How can a broker's legitimacy be judged by just having "myfxbook"?
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fair enough haha i guess yeah but just wanna know how he put it into scam category in case next time i got other FX approach too
ZackLegacy
post Aug 9 2022, 11:07 PM

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what about ultimate pinnancle ? this one also approach me before.

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