Guys please beware of Valan... he's a con artist trying to con people into investing with him.
How To Check Your Forex Broker Is Genuine Or Scam, Real FX Broker VS Scam FX Broker
How To Check Your Forex Broker Is Genuine Or Scam, Real FX Broker VS Scam FX Broker
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Mar 12 2017, 03:06 PM
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Senior Member
1,754 posts Joined: May 2011 |
Guys please beware of Valan... he's a con artist trying to con people into investing with him.
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Mar 12 2017, 03:06 PM
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Senior Member
1,754 posts Joined: May 2011 |
Deleted
This post has been edited by drbone: Mar 12 2017, 03:06 PM |
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Mar 12 2017, 03:27 PM
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All Stars
11,954 posts Joined: May 2007 |
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Mar 12 2017, 07:44 PM
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Junior Member
170 posts Joined: Jun 2015 |
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Mar 13 2017, 01:30 AM
Show posts by this member only | IPv6 | Post
#525
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Junior Member
322 posts Joined: Mar 2014 |
QUOTE(DrFX @ Mar 11 2017, 05:57 AM) Hi apathen, not that i concern, that was the reason given why they did what they did. You deem it as valid reason or not up to you. They don't like ppl copy trade so that's their way to protect themselve, you can accept it then join can't accept then avoid. Since you mentioned that you are not part of TriumphFX and a small fry, we don't really understand why are you concern so much that whether a broker can prevent some cheapskate to follow trade. We don't really concern about it as investors, we would prefer a genuine licensed transparent broker/bank, not concern about whether the trade will copy by cheapskate. So i asked you what other choices to prevent it, then you gave all those criterias that not one broker you currently know that can comply, so appear to me that's next best alternative for them to be transparent up till now. Since you so experience and don't care ppl copy trade why not you start some plan that practice what you preach then all of us can follow with peace of mind? |
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Mar 13 2017, 02:40 AM
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Senior Member
1,071 posts Joined: Nov 2015 |
QUOTE(apathen @ Mar 13 2017, 01:30 AM) not that i concern, that was the reason given why they did what they did. You deem it as valid reason or not up to you. They don't like ppl copy trade so that's their way to protect themselve, you can accept it then join can't accept then avoid. Hi apathen,So i asked you what other choices to prevent it, then you gave all those criterias that not one broker you currently know that can comply, so appear to me that's next best alternative for them to be transparent up till now. Since you so experience and don't care ppl copy trade why not you start some plan that practice what you preach then all of us can follow with peace of mind? You may need to try ask any genuine top licensed brokers in the world did that and why they don't have such so called copy trade concern which TriumpFX claimed to be a so called valid reason, but yet unable to show the proof. YOU CANT FIND ONE WELL LICENSED BROKER THAT HAVE SUCH FUNNY EXCUSE! This is because NON of the Regulators would accept this reason to delay the trades on MT4. You are obviously protecting a SCAM, and can't accept the fact that they are a SCAM. You are living in their world instead of accepting there is no such concern or excuse to delay trades exist in this GENUINE FX world. If they are so concern about copy trade, then don't provide view only password, just liquidity provider daily statements or run as a licensed fund! There are plenty of genuine copy trades in the market offering live MT4 accounts. We are not here to plan any SCAM programs like TriumphFX but we are here to help investors to learn how to avoid SCAMs like TriumphFX. |
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Mar 13 2017, 08:57 AM
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All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(DrFX @ Mar 13 2017, 02:40 AM) Hi apathen, Those person will always believe what the company says and accepts whatever reasons without doing any verifications.You may need to try ask any genuine top licensed brokers in the world did that and why they don't have such so called copy trade concern which TriumpFX claimed to be a so called valid reason, but yet unable to show the proof. YOU CANT FIND ONE WELL LICENSED BROKER THAT HAVE SUCH FUNNY EXCUSE! This is because NON of the Regulators would accept this reason to delay the trades on MT4. You are obviously protecting a SCAM, and can't accept the fact that they are a SCAM. You are living in their world instead of accepting there is no such concern or excuse to delay trades exist in this GENUINE FX world. If they are so concern about copy trade, then don't provide view only password, just liquidity provider daily statements or run as a licensed fund! There are plenty of genuine copy trades in the market offering live MT4 accounts. We are not here to plan any SCAM programs like TriumphFX but we are here to help investors to learn how to avoid SCAMs like TriumphFX. There is no such of delay feature in MT4. |
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Mar 13 2017, 09:03 AM
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Junior Member
418 posts Joined: Jan 2003 |
Plenty of copy trades offering live MT4 accounts? I asked and none was given. Can someone list down some of these good genuine ones to save us the troubles. Much appreciated.
QUOTE(DrFX @ Mar 13 2017, 02:40 AM) Hi apathen, You may need to try ask any genuine top licensed brokers in the world did that and why they don't have such so called copy trade concern which TriumpFX claimed to be a so called valid reason, but yet unable to show the proof. YOU CANT FIND ONE WELL LICENSED BROKER THAT HAVE SUCH FUNNY EXCUSE! This is because NON of the Regulators would accept this reason to delay the trades on MT4. You are obviously protecting a SCAM, and can't accept the fact that they are a SCAM. You are living in their world instead of accepting there is no such concern or excuse to delay trades exist in this GENUINE FX world. If they are so concern about copy trade, then don't provide view only password, just liquidity provider daily statements or run as a licensed fund! There are plenty of genuine copy trades in the market offering live MT4 accounts. We are not here to plan any SCAM programs like TriumphFX but we are here to help investors to learn how to avoid SCAMs like TriumphFX. |
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Mar 13 2017, 09:17 AM
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All Stars
15,192 posts Joined: Oct 2004 |
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Mar 13 2017, 10:51 AM
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Junior Member
29 posts Joined: Mar 2010 |
Hi guys, just wondering anyone of you had come across or heard about a broker name Overseas Commercial Futures, which based in Jakarta? Previously they have a website www.fxocf.com. Also they have their own MT4 software called OCFTrader.
Recently their website and MT4 are offline for a long time, unable to login. If anyone heard anything fishy about this broker please let me know. Many thanks and really appreciate your info. |
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Mar 13 2017, 01:18 PM
Show posts by this member only | IPv6 | Post
#531
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Junior Member
322 posts Joined: Mar 2014 |
QUOTE(DrFX @ Mar 13 2017, 02:40 AM) Hi apathen, in what way i'm protecting scam? did you see i encourage any ppl to join? i just told you the reason that i was told. want to accept or not up to you. whoever want to join make sure is risk money they can afford to loose.You may need to try ask any genuine top licensed brokers in the world did that and why they don't have such so called copy trade concern which TriumpFX claimed to be a so called valid reason, but yet unable to show the proof. YOU CANT FIND ONE WELL LICENSED BROKER THAT HAVE SUCH FUNNY EXCUSE! This is because NON of the Regulators would accept this reason to delay the trades on MT4. You are obviously protecting a SCAM, and can't accept the fact that they are a SCAM. You are living in their world instead of accepting there is no such concern or excuse to delay trades exist in this GENUINE FX world. If they are so concern about copy trade, then don't provide view only password, just liquidity provider daily statements or run as a licensed fund! There are plenty of genuine copy trades in the market offering live MT4 accounts. We are not here to plan any SCAM programs like TriumphFX but we are here to help investors to learn how to avoid SCAMs like TriumphFX. when i asked which brokers meet your criterias you can't give any, then now say plenty in the market, now show me one that provide daily liquidity provider statement to clients and have a copy trade plan, can you? |
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Mar 13 2017, 03:25 PM
Show posts by this member only | IPv6 | Post
#532
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Senior Member
1,071 posts Joined: Nov 2015 |
QUOTE(apathen @ Mar 13 2017, 01:18 PM) in what way i'm protecting scam? did you see i encourage any ppl to join? i just told you the reason that i was told. want to accept or not up to you. whoever want to join make sure is risk money they can afford to loose. Kidwhen i asked which brokers meet your criterias you can't give any, then now say plenty in the market, now show me one that provide daily liquidity provider statement to clients and have a copy trade plan, can you? There is NON of the genuine broker required to show liquidity provider statements because they are well regulated and 100% transparency without excuse to delay trades. Only fishy brokers will take Vanuatu license and hide real trades. They have similarities, JJPTR and SFX Markets (MYFX Capital) allow investors to login on weekend only. We can't help you anymore. |
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Mar 13 2017, 03:27 PM
Show posts by this member only | IPv6 | Post
#533
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Senior Member
1,071 posts Joined: Nov 2015 |
QUOTE(gengka @ Mar 13 2017, 10:51 AM) Hi guys, just wondering anyone of you had come across or heard about a broker name Overseas Commercial Futures, which based in Jakarta? Previously they have a website www.fxocf.com. Also they have their own MT4 software called OCFTrader. Stay away from any Indonedia based brokers.Recently their website and MT4 are offline for a long time, unable to login. If anyone heard anything fishy about this broker please let me know. Many thanks and really appreciate your info. |
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Mar 13 2017, 03:28 PM
Show posts by this member only | IPv6 | Post
#534
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Senior Member
1,071 posts Joined: Nov 2015 |
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Mar 13 2017, 08:28 PM
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All Stars
11,954 posts Joined: May 2007 |
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Mar 13 2017, 09:28 PM
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Senior Member
685 posts Joined: Aug 2011 From: Fairtex Bangplee |
QUOTE(Justmua @ Mar 13 2017, 09:03 AM) Plenty of copy trades offering live MT4 accounts? I asked and none was given. Can someone list down some of these good genuine ones to save us the troubles. Much appreciated. dig harder, son. spoonfeed never get you anywhere in forex business» Click to show Spoiler - click again to hide... « |
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Mar 13 2017, 11:29 PM
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All Stars
15,192 posts Joined: Oct 2004 |
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Mar 14 2017, 02:23 AM
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Junior Member
170 posts Joined: Jun 2015 |
QUOTE(Justmua @ Mar 13 2017, 09:03 AM) Plenty of copy trades offering live MT4 accounts? I asked and none was given. Can someone list down some of these good genuine ones to save us the troubles. Much appreciated. if you have 10k USD open with Interactive Brokers. not sure if they still offer spot fx. dukascopy is good. or else, go for some quite 'reliable' ones like oanda. not sure how much you have. if you have more, trade with the banks. |
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Mar 14 2017, 09:14 AM
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All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(jack2 @ Mar 13 2017, 08:57 AM) Those person will always believe what the company says and accepts whatever reasons without doing any verifications. I have shown proof to somebody but they are not willing to accept the fact.There is no such of delay feature in MT4. How pity they are.... This post has been edited by jack2: Mar 14 2017, 09:14 AM |
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Mar 14 2017, 09:56 AM
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Junior Member
13 posts Joined: Jan 2017 |
QUOTE(DrFX @ Feb 18 2017, 05:22 AM) Unfortunately, Indonesia FX license has no credibility and this company has make it even worse to confuse investors on their licenses. Furthermore, they did not publish their license number on their web site. Thank you very much DrFX i don't have account with them and my friend refused to give us his MT4 login There are warning on prutoncapital.com about potential clone companies who claim as their partner. And we sense something very wrong with their past trading performance on myfxbook. If you can provide us their MT4 login details, we can conduct an investigation on their trades to confirm any manipulation. I'm very confused Anyone know about forex4you.com ? they do provide PAMM @ share4you platform? This is Trustable Thank you very much |
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