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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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trailblazers_song
post Oct 25 2022, 03:42 PM

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QUOTE(trailblazers_song @ Oct 25 2022, 12:32 AM)
https://forum.lowyat.net/topic/4928120/+40  . About Veilbolt

TE(tinge123 @ Mar 21 2020, 10:06 PM)
Hi , I just wanna to share my experience for this investment plan.

High risk with high return. mean DD 100%. Please take note , you be lose all your capital & profit at the end.

Low risk with low return. Currently DD hit till 30 % but I don't know the low risk will hit new high ?

This investment with no stop loss at all, mean you need to prepare your capital with total loss.

My account had been burnt last week with max DD 100%.

Remember past performance not guarantee the return !!!
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Hi, same experience as mine investing with Vesbolt this platform. They claimed themselves genuine but their traders totally a lousy trader. They will hide the losing money portfolio and misleading the public the only money-making portfolio. Since 2017, vesbolt has been removing ALOT of losing money portfolio and most of them their traders burst the account!!!!!!

And badly, Vesbolt did not inform their investors prior to making any decision. Be wary if you choose to invest with Vesbolt.

There are times when the founder Dr Terry Tan has been threatened by his investors asking refund the money!

The company is not systematic, only engage with offshore staff which you never seen them in person in Malaysia. There is no office as well, previously they have but CLOSED DOWN! A lot of investors were upset with the performance of Vesbolt and they went to office and making noise. No choice, the founder has to close down and moved!
By a poster in Veilbolt thread. Comment lah abt your super duper brokers + traders.
Proof like tfxi same MT4 as singliworld, Triumpffx global .. but obviously u don’t have evidence , your Dr without forex license lembu opinions are worth a dozen a dime 😑
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Can anybody else verify that this Veilbolt with top grade license from BVI πŸ„ πŸ„, used to have an office & now closed down ?
ApekMiddleAge
post Oct 25 2022, 06:05 PM

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QUOTE(trailblazers_song @ Oct 25 2022, 03:42 PM)
Can anybody else verify that this Veilbolt with top grade license from BVI πŸ„ πŸ„, used to have an office & now closed down ?
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supposedly, as hearsay, had office in Msia illegally and kena shutdown by authorities............. cool2.gif cool2.gif

T231H
post Oct 25 2022, 06:14 PM

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QUOTE(ApekMiddleAge @ Oct 25 2022, 06:05 PM)
supposedly, as hearsay, had office in Msia illegally and kena shutdown by authorities............. cool2.gif  cool2.gif
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Yes,
If not regulated on Malaysia, better to not hv offices in Malaysia. Else later kena raid like MBI case.
trailblazers_song
post Oct 25 2022, 11:00 PM

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QUOTE(ApekMiddleAge @ Oct 25 2022, 06:05 PM)
supposedly, as hearsay, had office in Msia illegally and kena shutdown by authorities............. cool2.gif  cool2.gif
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Top grade license from BVI kena shut down … painful for investors.. I m thinking how come such traders can allow 100% drawdown πŸ˜…πŸ˜…. Highly risky
ApekMiddleAge
post Oct 26 2022, 10:26 AM

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QUOTE(trailblazers_song @ Oct 25 2022, 11:00 PM)
Top grade license from BVI kena shut down … painful for investors.. I m thinking how come such traders can allow 100% drawdown πŸ˜…πŸ˜…. Highly risky
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Bro, people likes below those supposedly legal/not scam broker/FM that goes 100% DD instead of TFXI that they keep claiming its a scam / scam in the making which also might just end up the same - 100% DD but as for now n the past years records (which doesn't guarantee future returns) - been profiting avg 3 to 8% mthly/5-weekly.

Otak mana taruh saya tak tau bro.........its all in the otak n the influence of IOT and so called experts/doctors in the trades........ cool2.gif cool2.gif
neil888
post Oct 31 2022, 09:26 PM

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All Sifus,

May I know MAXWISE / GFS Asia / UW Global a scam? pls provide more info. TQ
MUM
post Oct 31 2022, 10:47 PM

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QUOTE(neil888 @ Oct 31 2022, 09:26 PM)
All Sifus,

May I know MAXWISE / GFS Asia / UW Global a scam? pls provide more info. TQ
*
While waiting for value added responses, I kaypoh ask.

How long has they been in operation?
Any regulatory licenses obtained?
Any websites for more details info?

What does they offer differently than other more well known one?

Don Salvatore
post Nov 1 2022, 12:51 AM

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QUOTE(neil888 @ Oct 31 2022, 09:26 PM)
All Sifus,

May I know MAXWISE / GFS Asia / UW Global a scam? pls provide more info. TQ
*
Not sure about MAXWISE, but GFS Asia is operated by Janis Urste, which pose as the Fund Manager of UTS (Union Traders Society). UW Global is another platform they're using besides PT Sentratama Broker in Indonesia.

May read up my comment on last few pages regards to UTS.
neil888
post Nov 1 2022, 07:27 AM

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QUOTE(MUM @ Oct 31 2022, 10:47 PM)
While waiting for value added responses, I kaypoh ask.

How long has they been in operation?
Any regulatory licenses obtained?
Any websites for more details info?

What does they offer differently than other more well known one?
*
1) I heard around 10 years
2) They said got licenses
3) https://uw-global.com/
https://gfsasia.org/index.php#why-choose-us
4) Same practice like UTS

Anyone has any bad cases/experience with GFS/UW Global company before? Are they genuine? Thank you for sharing.

neil888
post Nov 1 2022, 07:33 AM

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QUOTE(Don Salvatore @ Nov 1 2022, 12:51 AM)
Not sure about MAXWISE, but GFS Asia is operated by Janis Urste, which pose as the Fund Manager of UTS (Union Traders Society). UW Global is another platform they're using besides PT Sentratama Broker in Indonesia.

May read up my comment on last few pages regards to UTS.
*
I read your post. Thank you for sharing.
MUM
post Nov 1 2022, 07:37 AM

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QUOTE(neil888 @ Nov 1 2022, 07:27 AM)
1) I heard around 10 years
2) They said got licenses
3) https://uw-global.com/
Β  Β  https://gfsasia.org/index.php#why-choose-us
4) Same practice like UTS

Anyone has any bad cases/experience with GFS/UW Global company before? Are they genuine? Thank you for sharing.
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I am sure if you read backbthese threads or from Google, ...you will find negatives / positives comments about them.
Just not sure if these comments are reliable or genuine comments without any ulterior motives.

What do you actually meant but "Are they genuine?"
Do you mean they will probably end up a scam running off with your money? You mentioned they are around for 10 yrs already......
Will they continue to be around??...this I am sure I don't know now.

If scare, some would suggest go for spore regulated one and use sg bank a/c to do the transactions.

This post has been edited by MUM: Nov 1 2022, 07:40 AM
neil888
post Nov 1 2022, 07:38 AM

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QUOTE(DrFX @ Nov 14 2015, 05:16 AM)
How To Check Is the Forex Broker Genuine thumbsup.gif  Or Scam devil.gif
DrFX, Do you mind to share the source links of the scam list you compiled? any updates? Thank you for sharing.

Equity
post Nov 2 2022, 02:46 AM

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QUOTE(neil888 @ Oct 31 2022, 09:26 PM)
All Sifus,

May I know MAXWISE / GFS Asia / UW Global a scam? pls provide more info. TQ
*
cool2.gif bangwall.gif

This post has been edited by terrytan: Dec 5 2022, 05:22 AM
Equity
post Nov 2 2022, 02:58 AM

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QUOTE(trailblazers_song @ Oct 25 2022, 03:42 PM)
Can anybody else verify that this Veilbolt with top grade license from BVI πŸ„ πŸ„, used to have an office & now closed down ?
*
Thanks for sharing. That's the life of genuine FX, unfortunately, Vesbolt does not has godlike traders. If you are risk taker, you may diversify your fund with Vesbolt.



This post has been edited by terrytan: Dec 5 2022, 05:22 AM
MUM
post Nov 2 2022, 05:39 AM

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QUOTE(terrytan @ Nov 2 2022, 02:46 AM)
UW Global and GFS are FX scam from Indonesia. No tier 1 license, no real trading behind. They have a very good actor Janis.
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Talking about this tier 1. Any reliable and unbiased sites that we can safely rely on for the list of regulators that are in Tier 1 and other tiers too?

Does tier 1 regulators has tighter control of leverage amount limits (lower leverage limits) than those that are of from "lower" tiered regulators? Can this be a valid reason when they said they goes for lower tier licence bcos they needed higher leverage amount limits for their trades?

This post has been edited by MUM: Nov 2 2022, 07:40 AM
neil888
post Nov 2 2022, 09:15 AM

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QUOTE(terrytan @ Nov 2 2022, 02:46 AM)
UW Global and GFS are FX scam from Indonesia. No tier 1 license, no real trading behind. They have a very good actor Janis.
*
Thank you so much for your insights.
ApekMiddleAge
post Nov 14 2022, 09:48 PM

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This tread started exactly 7yrs ago by Mr. So Called Dr.

Some listed 100% scam broker still standing strong le .........always only on the verge........... cool2.gif cool2.gif cool2.gif
nokia2004
post Nov 16 2022, 11:46 AM

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Anyone heard of HERZEN? Scam a?
MUM
post Nov 16 2022, 12:07 PM

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QUOTE(nokia2004 @ Nov 16 2022, 11:46 AM)
Anyone heard of HERZEN? Scam a?
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Read post 4873, page 244, by forummer SKL
Of this thread
How To Check Your Forex Broker Is Genuine Or Scam, Real FX Broker VS Scam FX Broker
https://forum.lowyat.net/topic/3774126/+4860?hl=Herzen

Equity
post Nov 25 2022, 01:03 AM

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QUOTE(nokia2004 @ Nov 16 2022, 11:46 AM)
Anyone heard of HERZEN? Scam a?
*
bangwall.gif

This post has been edited by terrytan: Dec 5 2022, 05:23 AM

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