Hello Georgechoo1990,

Myfxbook retrieved trades data from the MT4 account and it cannot determine the trades are based on real market price or not. The "verified" tell you that YES, the trading performance is synced from a MT4 account. It does not mean anything. If the broker manipulated the trades on the MT4 account, Myfxbook system does not able to identify it.

Myfxbook is a free 3rd party performance analysis web site. It provide you the overall analysis based on your MT4 account. Why should action being taken on myfxbook? It's the investors who need to know how to differentiate a real broker and a fake broker. Not myfxbook.

Trust only those Myfxbook performance from accounts trading with well regulated brokers.

Since this SCAM issue is getting serious, we are offering FREE for IGOFX investor who willing to share your MT4 account view only password. We shall run a mirror system to duplicate your account trades LIVE to a demo account under top tier broker of your choice. The demo account able to show you the different between the trades on your IGOFX Vladislav77 account and a real market. Any volunteer?

We need 1 volunteer from the investor and also volunteer who can validate the differences. Let's do it for 3-6 months. OK?

This post has been edited by DrFX: Jan 9 2017, 04:53 AM

You will be surprised that most of the brokers out there earn a few awards, either by real competition or by a package selling by the web site. You have to question the credibility of the web site before you believe the awards are real.

This post has been edited by DrFX: Jan 9 2017, 04:54 AM

Hello Japin,

Usually these special cases only happened on SCAM brokers where there are no real trades being sent to liquidity provider. They are generous to reimburse the profits on affected accounts to gain your confidents. There are no actual profits but money from new investors. The ball will keep rolling until they decided to stop.

Thank you for your kind volunteer.

You are wrong zulutrader. It's a disgrace for you to use zulu. We are not saying you are not good, but with 9 years trading experiences doesnt mean you have the knowledge about how scam brokers run their business. You are welcome to share your trading performance.

Never think about unregulated broker regardless how good or bad is your trading skill. This is the basic knowledge as a trader/investor.

Beside, we do not argue about manual traders here but mainly scam brokers like IGOFX who are using manipulated results to attract innocent investors through networkers.

This post has been edited by DrFX: Jan 15 2017, 04:29 AM

Hi J&J+Cs,

SFX Markets is an unregulated St. Vincent offshore FX broker which has scammed many innocent investors with fake trading performance. RED ALERT!

ADS Prime is a well regulated broker.

1st, you need to make sure they are showing you their performance statement from ADS Prime, not SFX. If the statements from SFX, 99.99% are fake.

2nd, make sure you are opening account with ADS, not SFX.

What would you do if we show the proof? Do you need the proof for others scam on the list beside IGOFX?

GVF is the origin of scam FX syndicate like RCFX, KBFX and many more. It spreads like mushrooms. Please share with us if you have more information.

jack2, you found the answer of Gold Master because there are many victims now? Is that too late?

We have the proof, but it's up to you to believe. We don't gain anything for asking you to believe us. Eventually you will find the answer when there are victims. We heard many TriumphFX victims wanted to take action on the owner. Many don't believe us even when we show the proof in the past. Same goes to IGOFX, there are personal excuses or reasons not to believe when investors blinded by the fake profits.

VIBHS seems like a proper UK FCA regulated broker. For further checking, please let us know what are the products being offered.

We would like to do some verification to avoid any cloned companies.

FBS: Suite 5, Garden City Plaza, Mountain View Boulevard, BELMOPAN, Belize, C. A. LicenceIFSC/60/292/TS/15

Not recommended.

We have conducted several investigation on IGOFX together with few " IGOFX investors". We are here to conclude that IGOFX IS A SCAM/PONZI SCHEME that cheating investors with fake trading performance by run as a money game company.

IGOFX investors unable to view live trades through their MT4 account, the account given is only works as a wallet for monthly return payment. IGOFX is using fake web based report to cheat investors and leave them untraceable. They are showing manipulated trading performance through myfxbook to convince new investors. Those experienced traders should know that every GENUINE copy trades or managed accounts service will provide investors live MT4 account view only access through well licensed brokers.

WHY IGOFX IS A SCAM/PONZI SCHEME FX?

1. IGOFX Investors do not able to view live trades through MT4 platform.

2. IGOFX Investors MT4 account only works as a wallet.

3. Investors do not received daily confirmation nor monthly statements by email which usually consist of all trading activities.

4. Using Vanuatu license that only cost USD10k to obtain.

5. Fake web based report or money game style login portal.

6. Money game style local funding through self fix exchange rate.

GENIUNE FX COPY TRADES OR MANAGED ACCOUNTS COMMON PRACTISE

1. All investors are given individual MT4 account that able to view their trades live through read only access.

2. Received automated daily confirmation and monthly statement email that consist of all trading activities.

3. Open accounts with tier 1 or 2 licensed brokers.

4. Web based report are synced live with MT4 accounts.

5. No local deposit, sending deposit through TT to broker/bank. (Any local deposits only available through licensed payment gateway)

6. No fix exchange rate, follow bank daily exchange rate.

If you have invested IGOFX, our advise for you is withdraw all available balance. STAY AWAY FROM THIS SCAM AT ALL COST!

Happy Lunar New Year!

This post has been edited by DrFX: Feb 5 2017, 04:42 AM

As we mentioned on our previous posts, trades are editable from top to bottom through MT4 Administrator system including open price, close price, date, time, etc. Just like your Windows setting as long as the broker hold MT4 license. Without strict regulation, these scam brokers are capable to do anything on the trades.

Hi Jack2,

Yes we did. It's only through the manipulated Myfxbook account.

Since IGOFX clients are not given any live trading MT4 accounts, there is no way to show the results. There are no real trading going on, so no point wasting time.

Scammers are smart to leave investors in the dark on the trades.

Please compare the genuine copy trades and managed accounts common practise to understand the different.

This post has been edited by DrFX: Feb 5 2017, 11:14 PM

Real PAMM accounts do come with live web based report including open trades. It's completely different with what IGOFX showing.

Based on our investigation, IGOFX investors can only see trades history, mean closed trades. There is no LIVE open trades on the web based report inside their login portal.

Feel free to share the open trades report. Thank you.

Please share the print screen on the live open trades.

We can provide the live trading account for you to make the comparison if you can provide us the MT4 login details for Vladislav7.

There are many unanswered questions which make them very fishy. Since the trader is so good, why not trading with top regulated brokers? We guaranteed there are millions of funds waiting to let him trade.

If they are real IGOFX STP broker, which liquidity provider do they clear the trades with? If there is one, they should able to provide the LP statements too. We doubt they have any liquidity provider.

This post has been edited by DrFX: Feb 6 2017, 12:40 AM

You are right. Straight into point, they have done the setup in the way to avoid people from checking or verify their trades. Keeping all the live open trades private will prevent investors from tracking them, they also keep their open trades private in Myfxbook. To us, they have failed many points on our investigation as a genuine broker. We never fail on our judgement.

Good night.

My apologised. We do not endorsed New Zealand based FX broker due to lack of investors protection.

Not at all.

It's the way of protecting themselves from people like us.