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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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drbone
post Mar 12 2017, 03:06 PM

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Guys please beware of Valan... he's a con artist trying to con people into investing with him.
drbone
post Mar 12 2017, 03:06 PM

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This post has been edited by drbone: Mar 12 2017, 03:06 PM
SUSMNet
post Mar 12 2017, 03:27 PM

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QUOTE(drbone @ Mar 12 2017, 03:06 PM)
Guys please beware of Valan... he's a con artist trying to con people into investing with him.
*
Who is Valan?
troller2
post Mar 12 2017, 07:44 PM

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QUOTE(drbone @ Mar 12 2017, 03:06 PM)
Guys please beware of Valan... he's a con artist trying to con people into investing with him.
*
Show us proof.
apathen
post Mar 13 2017, 01:30 AM

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QUOTE(DrFX @ Mar 11 2017, 05:57 AM)
Hi apathen,

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.  hmm.gif  hmm.gif  hmm.gif

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.
*
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.

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?
TSDrFX
post Mar 13 2017, 02:40 AM

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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. 

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?
*
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.


jack2
post Mar 13 2017, 08:57 AM

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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.
*
Those person will always believe what the company says and accepts whatever reasons without doing any verifications.

There is no such of delay feature in MT4.
Justmua
post Mar 13 2017, 09:03 AM

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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.
*
jack2
post Mar 13 2017, 09:17 AM

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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.
*
Have you believed?
gengka
post Mar 13 2017, 10:51 AM

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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.

apathen
post Mar 13 2017, 01:18 PM

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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.
*
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.

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?
TSDrFX
post Mar 13 2017, 03:25 PM

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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.

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?
*
Kid

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.



TSDrFX
post Mar 13 2017, 03:27 PM

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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.
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.
*
Stay away from any Indonedia based brokers.
TSDrFX
post Mar 13 2017, 03:28 PM

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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.
*
doh.gif doh.gif doh.gif doh.gif doh.gif doh.gif
SUSMNet
post Mar 13 2017, 08:28 PM

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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.
*
pepperstone.
icmarkets.
fxcm.
SUShighlowyat
post Mar 13 2017, 09:28 PM

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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

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jack2
post Mar 13 2017, 11:29 PM

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QUOTE(MNet @ Mar 13 2017, 08:28 PM)
pepperstone.
icmarkets.
fxcm.
*
doh.gif doh.gif doh.gif
troller2
post Mar 14 2017, 02:23 AM

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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.
jack2
post Mar 14 2017, 09:14 AM

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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.

There is no such of delay feature in MT4.
*
I have shown proof to somebody but they are not willing to accept the fact.

How pity they are.... doh.gif doh.gif

This post has been edited by jack2: Mar 14 2017, 09:14 AM
J&J+Cs
post Mar 14 2017, 09:56 AM

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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.

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.  whistling.gif

If you can provide us their MT4 login details, we can conduct an investigation on their trades to confirm any manipulation.
*
Thank you very much DrFX i don't have account with them and my friend refused to give us his MT4 login sad.gif

I'm very confused rclxub.gif which copy trades company to trust . Now others friend introduced forex4you.com to me .

Anyone know about forex4you.com ? they do provide PAMM @ share4you platform? This is Trustable icon_question.gif ?

Thank you very much



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