Is forex cartel legit ? It’s owned by mas khan?

Hi, I came across this triumphfx and tried to google it for more info. Then i came across this thread and saw it's labeled as scam. May I know why is it scam ya? Is it they are money game and collecting money from investors and distribute monthly payout from our money?

Hi all,

Is IC Market legit? I tried and paid RM580 and they said the return was 11k. They wanted me to pay RM1.7k as a fee to the broker before I can withdraw the 11k. They will transfer the amount within 30minutes. Is this a scam or real?

Abit lost as i am relatively new to this, so does this mean that SAMTRADE FX is not a trustable forex broker?

Just sharing my findings, so far things has been doing quite well and withdrawals are fast.

I was referred by a friend who know Sam personally, so thats why i had a certain level of trust.

Of course i shouldnt put my money based on that simple trust, thats why im validating all their licenses and also monitoring them regularly.
Regarding the manipulation of data, im not sure if your argument is valid as i did a cross check on their trades yesterday.

Based on the time of entry and SP, they were more or less similar to other broker (compared to IG). There are difference in price, but is very minor almost non relevant
Do you personally have other bad experience with SamTradeFX? please do share ya

== Do you need my phone number to chat and proof lol.

Anway im here to gather personal experiences with SamtradeFX (more of wanting to gather bad/scam experiences)

I think you and DRFX should put up a thread which top 14 brokers to go to

Maybe tier ranking system whereby tier 1 is top 14 follow by regulated and tier 3 worse of the worst 

Has anyone experienced with capital.com this trading platform? Is there any problem with this platform?
https://capital.com

Is TriumphFX legitimate trader ?

Ts can update xm is legit or scam. Can't find it 1st page.

U mean like huge spread or stop loss hunter?

Hi DrFx.
well I'm about to join them because my friend invited me so..she joined since 2018. can you share your claim please. any sites..my friend is claiming she invested and got her ROI on 11 months.. please advise

hi guys, so just a pulse check, triumphfx still running with GMtrader, has not burst yet. Follow by Sentratama, are they still valid? how about another company name midasama?

Ouch, libronic fx, no one was able to withdraw since December!!🤣🤣

No one knows the trading performance. They only see P/L in their accounts. Master Account is a myth. They released the following statements:

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Libronic updates summary for two Zoom meetings, 26 Mar 21;

1. Hayes showed the Libronic backoffice trading account in USGFX. There was USD $63+ Million, quashing rumours that the reason we cannot withdraw from our USGFX accounts was due to “floating losses”

2. As to why withdrawal in USGFX has came to a halt, as of December 2021, Libronic encouraged all her users to stop depositing funds into USGFX. This was around the time USGFX completely stopped processing all Libronic withdrawal requests. Hayes remarked that such behaviour is UNACCEPTABLE, hence the need to find a new broker.

3. Hayes will be having a meeting with the upper management USGFX to discuss porting of our funds to new broker in the coming days. Meanwhile Libronic is exploring alternative methods to solve the clients’ withdrawal issue. One of it is that in next few days, Libronic  will have a new SOP outlined. This SOP will be the state how much each of us can withdraw, weighted against the profits Libronic makes (both from those of us within the Libronic hierarchy & from corporate accounts outside of our Libronic hierarchy). All our funds will be divided into 3 portions;
i. Capital (post all withdrawal amounts)
ii. Profits
iii. Commissions
More updates will be given after Hayes has carefully studied and consider our options.

4. Meanwhile, for Singapore clients, Libronic is exploring using FX Primus.  If all goes well, those with Vantage accounts will be ported to FX Primus, and in future, recruitment will be via a link generated in our Libronicfx.com back office, from there, new referrals will be able to create a FX Primus Account. Lmax is geared more towards the China market, and the trades taken may differ as Lmax leverage is 1:200, thereby requiring Libronic to take longer timeframe trades to make the profits worthwhile, vs the “hit and run trades” we usually see in a 1:500 environment.

5. Hayes just received updates from FX Primus that their PAMM account is ready, and Libronic will be plugging in their AI trading bots to test the trading environment in FX Primus next week.
********************************************************************************************************

FX Primus is a 500% a SCAM BROKER  

It is not they are better scammers but there’s are too many suckers around in Malaysia and Singapore for their feed 

Under their investing plan which you scroll or click invest now button

Here you go

So would such mode of operation (of switching brokers regularly) and difficulty of withdrawing own funds be considered a SCAM biz model already, especially with their affiliation to bad/worse brokers??