how about Dollar Markets, i keep seeing people promoting it
https://dollarsmarkets.com/about-us/

It's an offshore broker. I would stay away if i am you.

It's very dangerous to invest or trade with offshore broker without tier 1 license. It's like having sex without condom on one night stand.

You would be surprised how many Singaporeans kena also. The amount of money owed to Singaporeans must be at least 30 to 50 mln US dollars but guess what? None of the Singaporeans has made any police report to Singapore police. These people are still still thinking that by being nice to the scammer, maybe the scammer will pay! LOL!

Labuan FSA is a joke! Funny that even Indonesian friends told me Labuan is full of companies that operate all kinds of scams.



This post has been edited by TheKraken: May 26 2024, 02:29 AM

Likely also you get a ladyboy...


Yep, saw some of these token Ang Moh pretending to be Financial experts in FB and promoting their scams in Labuan. Says regulated by FSA....when we know it's worth shit.

Sorry but sometime stupidity has no cure regardless of from which countries. We heard that victims were threaten by the Sentratama scammer not to report, else take even longer to get back their money. They either shy to report or worried the authority will question them.

THE FACT IS YOU WONT GET BACK YOUR MONEY, WAKE UP!

Within a year, many FX SCAMs have collapsed!

1: TriumphFX
2: Sentratama/UWG
3: Ridder
4: Tradehall

Any platform listed on our FX SCAM list will eventually collapsed. You dont have to ask for proof or anything, the ending will be the same. Just like you dont ask your Doctor to proof that you got cancer. He/she know how.

This post has been edited by DrFX: May 29 2024, 10:48 PM

Do you notice that this is already on our FX SCAM list?

WATCH OUT other FX SCAMs like Lirunex and Vlado!

Has anyone perform fund transfer to axi.com?
Axi is stated as genuine broker but when I attempted to add funds, it leads me to some suspicious website like

cart.lala-move.online

and asked for my bank login credential.
Anyone attempted before?

your pc Ada kena viruses or malwares or not??

I know Liao. PM.u.

You most likely chosen local bank transfers which will lead you to payment gateways that will use a local merchant so you can perform a local bank transfer to that merchant (xxxx sdn bhd company). The company then transfers to the payment gateway and deposits your account. A lot of the forex brokers are using this now.

actually, you may refer to https://www.wikifx.com/en/ (u can switch to mandarin) if u try to find out whether its a scam o not.

its juz a guidance, but the credibility is there la. u may refer to all the legit trading companies /brokers there (mostly stated on page 1 la thanks to admin)

the higher score it is, the better, but it doesnt mean the high score 1 wont turn into low score scam 1 day.....

*u may also expose your kena scammed experience / unable to withdraw experience on the wikifx, it provides a channel for u to do that.


if u cant find the company name / broker name in wikifx, meaning its brand new (juz newly established / setup) when something is new i ll classify it as super high risk until it turned legit.


for me i use vantage la, not the highest score among brokers, nor the lowest 1.


u mau safest, go to moomoo lo, but moomoo only can trade via the app itself at the moment.

play small small la, dont play big. small small usually win (with 1 rule, 500% disclipine). no disclipine 1 sukahati tekan trade as u feel like usually lose till finger toe nail oso burn off. SO?? pakai EA kasi jalan jalan monthly kutip nasi lemak ayam goreng enough lo.




feel very sad to hear this case, i hope u viral and kasi this cbk crook become dry salty fish 1 day.



there u go the score and the rating there.




This post has been edited by kennykong85: May 31 2024, 02:57 PM

Wikifx is not reliable as they are operate by China FX syndicate who are aggressively collecting "rating fee=protection fee" from FX brokers or FX firms. You pay them enough, they will rate you very high even you are operating as a FX SCAM. Many FX SCAMs were rated well in the past on Wikifx before burst. If you are genuine FX firm and dont pay them, you will get bad rating.

For independent rating, you can refer www.forexpeacearmy.com or www.fx110.com or DrFX list on this thread .

This post has been edited by Equity: May 31 2024, 07:37 PM

DrFX, your genuine broker list has "Mex Group" in it

This is 100% a scam broker because they just stopped paying China clients from Oct 2021 onwards. They took advantage of the covid situation, no Chinese citizens were allowed to travel outside of China. So no one could go to Dubai to file police report against the scammer boss Naser.



This post has been edited by TheKraken: Jun 14 2024, 03:16 AM

Thank you for your input. We have removed this broker from the list.

The genuine broker list is based on brokers with tier 1 licenses including UK FCA, Swiss FINMA, AUS ASIC, SG MAS, etc. However, if we received reports and bad reviews that brokers are doing unhealthy activities, we shall immediately removed them from the list. We have removed several brokers in the past including ICM.com, ZFX and now Mex Exchange.

Feel free to share if you have any bad experiences.

Anyone had experience with Startrader? I heard they just got ASIC licence not so long ago.

Yes, the broker that organized party with a lot of hot chicks?

i like to read thru those complains from the wikifx

mostly are unable to withdraw , some cases are from the legitimate Broker.

is there an explanation why would the legitimate brokers don't allow / wipe off their profits?

and most of the cases are withdrawal of USDT , i yet to see bank deposit / credit card deposit cases being hold up for withdrawal on breaching their T&C / whatever reasons they may be.

Most of the cases on USDT withdrawal are those who failed on funding verification. Do not send it from 3rd party USDT wallet account.

Depend on which legitimate brokers you are talking about. Normally big brokers dont have this kind of issue, they will honor the profits but they could terminate the traders that not profitable to them. This type of brokers normally are B book broker.

Smaller brokers may cancel the profits depend on what regulations they hold. This is why i dont recommend to trade with smaller broker.