We have moved "Sentratama Investor Future" back to scam list. Based on the investigation report, it showed that they are manipulating the trades opening price, credit to jack2.

Beside, they are holding a license under the name of Sentratama Investor Berjangka, not Sentratama Investor Future. By law, it should be under the same name, Jackie Chan is Jackie Chan, he is not Jacky Cheung.

Market going wild on more Brexit/Theresa May news, everything can go along nicely until it doesn't......due to this kind of volatility!!!

I think his account already margin call that why he not posting the latest update

https://www.myfxbook.com/members/Vladislav7...adislav/2030078

https://www.myfxbook.com/members/Vladislav7...adislav/2030078

We heard JJPTR closed down yesterday. So who is next? IGOFX?

this kind of people.. they give bad name to forex
promise 20% return from forex .. 100% sure they did not trade forex.. they just ponzi

nowadays, people got phobia when heard about forex.. they thought its skim cepat kaya or scam or all the bad stuffs

Yes indeed. They have spoiled the FX name badly.

How an IB make a living?

Any IB here mind to share your experience.


This post has been edited by fairylord: Apr 26 2017, 01:12 AM

When there's a demand in the market, there will be supplies. The biggest problem about forex is that 99% out there know nothing about it. Most of them only know the surface. Can't blame them because even the industry players may not share you all the secrets. Only way to learn is to get your hand dirty. From trading on different platform, to IB businesses, to back end brokers operations.

When you are involve in setting up brokers, having talks with PB and LP. Then you'll be able to see how forex work.

People like the public or normal traders, will only learn when they lose their money to evil brokers (regardless of regulation). Yes even regulated brokers can do shit on you, and you can do nothing about it.

Forex is basically negative sum game. Honestly if you have capital, it's better off trading stocks. If you have smaller capital, then forex is for u.

IB is basically like remisiers (in the context of stock markets). They are the affiliate of brokers. When you open account under them, they'll get commission each time you trade.

There are also A book broker's IB and B Book broker's IB. They go way beyond getting merely commission of trade.

Forex business is quite dirty, do you know even banks do not wish to provide custodian services to some tier A brokers due to their high risk in KYC none compliance.

Well, no1 will teach you about these info in this forum. Guess i should stop sharing insider stuff

This post has been edited by dreamyboy: Apr 26 2017, 12:56 PM

boyboy,

Yes, you should stop sharing invalid so called insider news. In fact, nobody ask you the questions that you answer yourself.

For example, you mentioned that regulated broker can do shit you on, and you can do nothing about it. It's not true. It's always depend on what the broker did and what licenses do they hold.

Another statement is "Forex business is quite dirty, do you know even banks do not wish to provide custodian services to some tier A brokers due to their high risk in KYC none compliance."

This is also not true, plenty of worldwide banks welcome top tier licensed brokers. Unless the director's background is blacklisted. When those offshore license brokers can open bank accounts, why top tier licensed brokers can't get custodian service from the bank?

We know your intention and where are you from.

Hi noobfx,

If you are not involved into anything in back end. Please stfu. You are the one that know shit and trying to act smart here.

Go ask around bankers from custodian banking and see what's the comment about forex brokers. But please, i know you wouldnt know any because u are just one retail trader.
Dont give me answer like go regulated brokers which is no brainer.

I had account in FCA broker (YOUR SO CALL TOP TIER BROKER), slipped my trade and i lost 7K USD in a night. Filled a complaint and nothing came back?

There are some incidences where they do give you back. BUT WHAT ARE THE STATISTIC?

Dude seriously, you are nothing, your knowledge about the forex market is like less than 10%? And you try to act smart here? You dont even know shit about broker set up. You are not an industry player.

Nvm, i let you continue bark and so call "educate" people. While i'll try to really contribute to the forumers here. If you don't like my comment, try file a report to Mod and let them judge.

Else, stop stating the obvious and let this be a healthy discussion.

All FX sifu sekalian, what do you think about the SIRIX copytrade platform? They are not a broker but a provider for copy trading. I didn't have a pleasant experience with them using my previous brokers. Just would like to check if any of you have had any experience on SIRIX?

Hi boyboy,

If you can't prove yourself right, don't come here and bark around for the sake of your offshore or unregulated broker. You are just a kid who is trying to show off with a little knowledge and worse is your words show that how childish you are.

Why not you share about your FCA broker experiences here and we will verify how true is that? Which FCA broker and when is that happened? Many forumers would love to see the reports that you make. Usually loser will blame everything but not themselves.

If you don't know us, don't act so much. You have no idea who are you dealing with, kid. You mentioned how hard for a FCA broker to open bank account, but it's an easy job for us. We have done it again and again for brokers, funds, etc. Which licenses you want to know on setting up? Which bridge platform and liquidity providers you have deal with?

This post has been edited by DrFX: Apr 28 2017, 04:35 AM

Hi microwavetoaster,

SIRIX is one of the famous copy trade platform. However, it's always depend on which broker are you trading with. SIRIX is just a platform and it can't guaranteed you that a broker will not manipulate the trades. Which broker are you trading with SIRIX?

Noobfx,

Oh please, why don't you prove it to us? Up until now you have not share any real information about the market. What you do is just google and share on the surface?

Have u ever mentioned about bridge and lp discussion before? You only talk about it after I mentioned. Dude look now who's the real contributor to this discussion.

Like I said I don't only promote weaker regulated broker. I'm trying to share with everyone here that even if u are regulated by top notch regulators, there are still risk. Do you know what are the weakness about mt4?

You should discuss about these more rather than only tackle on regulation part.

I can see u guys are a "we". Even a group of you can't match with an individual like me, I think your combined experience is also lesser than my individual experience.

Come on la, don't just throw me opinions, give facts here. Don't just show your googling skill. Where is your real market knowledge?

Talking about regulation is like telling people that your mum is a girl. Please oh please. Every time I see your replies it just show how immature you are. What you've been doing is just throwing burden of proof which I already shared so much info while you on the other hand, had nothing to prove that my lesser regulated brokers flaws nor your regulated broker problem?

Please grow up you guys. Stop acting pro. If I'm u I'll create a new Id so to stop embarrass yourself. But I do believe you "guys" have multiple id.

Hello DrFx, I have used Sirix on FX Primus about few years back and CM trading about a year back. What I did was i sat down and have a few of the top traders on a watchlist, I assessed them based on duration of trade, duration of account in system, max DD, hit rate and finally profitability. Selected some of the few started copying and then over night some of the traders would just make crazy floats on their trading account. And i remember some of the traders on the system were a little fishy in the sense of they would couldn't be copied or added on the watchlist manually. In the end i figured that it is not transparent enough to my liking as I have studied Sirix before. Trader's over there are not given profit sharing unlike PAMM service hence no incentive for them to be trading properly anyway since its completely social trading.

^^^^^ the above is based on my experience and my POV.

Many are having the issue like what you have described. The floating loss will make you cry gao gao.... Zulu is also one of them whereby it is not transparent enough.

anyone can confirm this www.topprofx.com legit or not?

Hi Microwave, i left out your message about Sirix. What you see is true. One of the weakness about social platform or signal provider is that the "trader" will have multiple accounts running to make it nice, then let it run on these social platform and get Subscription fees. After awhile, if their performance turned bad, they can always list other products there.

There is actually no huge incentive for trader to make money through profiting, they only try to make the subscription fees or rebates.

Most good traders, they will work on charging Performance fees and normally they are privately managed and dont really share their signal.


Aside Zulu, there's Etoro and Tradexpert. You can also go to MQL5 directly but you need to set up your own VPS.