Welcome Guest ( Log In | Register )

263 Pages « < 42 43 44 45 46 > » Bottom

Outline · [ Standard ] · Linear+

 How To Check Your Forex Broker Is Genuine Or Scam, Real FX Broker VS Scam FX Broker

views
     
ckdenion
post Jun 5 2017, 11:15 PM

Financial Practitioner
*******
Senior Member
2,866 posts

Joined: Sep 2008
From: Wangsa Maju, KL



QUOTE(DrFX @ Jun 5 2017, 11:02 PM)
It's a FX scam with manipulated track records.
*
Even with myfxbook? Meaning the performance in myfxbook is fake? How am i going to tell my friend cz she is so convinced with the proven results and she had done her first withdrawal. Yes she just joined a month and convincing me to fund in.
TSDrFX
post Jun 5 2017, 11:19 PM

Regular
******
Senior Member
1,071 posts

Joined: Nov 2015
QUOTE(ckdenion @ Jun 5 2017, 11:15 PM)
Even with myfxbook? Meaning the performance in myfxbook is fake? How am i going to tell my friend cz she is so convinced with the proven results and she had done her first withdrawal. Yes she just joined a month and convincing me to fund in.
*
The data on Myfxbook synced from a scam FX broker who manipulated the trading records. That's a very common scam tactic used by scam broker nowadays.
ckdenion
post Jun 5 2017, 11:27 PM

Financial Practitioner
*******
Senior Member
2,866 posts

Joined: Sep 2008
From: Wangsa Maju, KL



QUOTE(DrFX @ Jun 5 2017, 11:19 PM)
The data on Myfxbook synced from a scam FX broker who manipulated the trading records. That's a very common scam tactic used by scam broker nowadays.
*
Ok thanks for sharing. Didnt know about this. As their website show this results from myfxbook. Then myfxbook cannot be trusted also... hmm.gif
TSDrFX
post Jun 5 2017, 11:31 PM

Regular
******
Senior Member
1,071 posts

Joined: Nov 2015
QUOTE(ckdenion @ Jun 5 2017, 11:27 PM)
Ok thanks for sharing. Didnt know about this. As their website show this results from myfxbook. Then myfxbook cannot be trusted also... hmm.gif
*
Myfxbook can be trusted, but depend on which broker is the account trading with.
ckdenion
post Jun 6 2017, 11:41 AM

Financial Practitioner
*******
Senior Member
2,866 posts

Joined: Sep 2008
From: Wangsa Maju, KL



QUOTE(DrFX @ Jun 5 2017, 11:31 PM)
Myfxbook can be trusted, but depend on which broker is the account trading with.
*
so its the broker issue. hmm.gif anyway thanks for the info!
duplicated
post Jun 6 2017, 02:05 PM

On my way
****
Senior Member
653 posts

Joined: Dec 2015
QUOTE(ckdenion @ Jun 5 2017, 11:27 PM)
Ok thanks for sharing. Didnt know about this. As their website show this results from myfxbook. Then myfxbook cannot be trusted also... hmm.gif
*
Myfxbook is merely a platform(middle person) to show the performance data from the broker. The broker can manipulate the data in any way they want to favour them.


duplicated
post Jun 6 2017, 02:10 PM

On my way
****
Senior Member
653 posts

Joined: Dec 2015
QUOTE(DrFX @ Jun 5 2017, 11:02 PM)
It's a FX scam with manipulated track records.
*
I was skeptical too looking at the performance but I could not find any proof online. Do you have any and willing to share with us?
ckdenion
post Jun 6 2017, 07:00 PM

Financial Practitioner
*******
Senior Member
2,866 posts

Joined: Sep 2008
From: Wangsa Maju, KL



QUOTE(duplicated @ Jun 6 2017, 02:05 PM)
Myfxbook is merely a platform(middle person) to show the performance data from the broker. The broker can manipulate the data in any way they want to favour them.
*
thank u and DrFx for this info. else i really duno about it. because i know midasama use this as a proof that their trade performance is good.

QUOTE(duplicated @ Jun 6 2017, 02:10 PM)
I was skeptical too looking at the performance but I could not find any proof online. Do you have any and willing to share with us?
*
yea i will also like to have proof. so in this case, midasama is the one that will scam investors? or the broker that they trade with here (Pruton Capital)?
duplicated
post Jun 6 2017, 10:27 PM

On my way
****
Senior Member
653 posts

Joined: Dec 2015
QUOTE(ckdenion @ Jun 6 2017, 07:00 PM)
thank u and DrFx for this info. else i really duno about it. because i know midasama use this as a proof that their trade performance is good.
yea i will also like to have proof. so in this case, midasama is the one that will scam investors? or the broker that they trade with here (Pruton Capital)?
*
If the performance is a fake performance, then the broker is definitely involved because midasama cannot alter without the broker's cooperation.
TSDrFX
post Jun 7 2017, 12:00 AM

Regular
******
Senior Member
1,071 posts

Joined: Nov 2015
QUOTE(ckdenion @ Jun 6 2017, 07:00 PM)
thank u and DrFx for this info. else i really duno about it. because i know midasama use this as a proof that their trade performance is good.
yea i will also like to have proof. so in this case, midasama is the one that will scam investors? or the broker that they trade with here (Pruton Capital)?
*
1st of all, find out which company the account is trading under. You'll see 2 different Pruton on MT4 servers.

Usually this type of setup, both broker and trader are abang adik or both are under same organisation.

Commonly, Indonesia based broker will use a different company name from the one they obtained license to run some fishy business. Not entirely different, may be one word of the full company name.

Logically, if we are a strong trader/manager, we will not trade with an INDONESIA BASE BROKER.
duplicated
post Jun 7 2017, 09:47 AM

On my way
****
Senior Member
653 posts

Joined: Dec 2015
Pruton...Potong...Proton...

See any connection there?
Bkpp
post Jun 10 2017, 03:59 PM

New Member
*
Newbie
1 posts

Joined: Jun 2017
Hi, is PTFX a scam?
TSDrFX
post Jun 11 2017, 04:06 AM

Regular
******
Senior Member
1,071 posts

Joined: Nov 2015
We heard IGOFX investors loss 90% of their capital yesterday. Can someone confirm this?

There are many challenge on our decision to list IGOFX as a scam. We are looking forward on your testimonials. Thank you.

We hope newbies learned your lesson now. Don't keep asking for proof but learn the indication of SCAM/FRAUD.
TSDrFX
post Jun 11 2017, 04:08 AM

Regular
******
Senior Member
1,071 posts

Joined: Nov 2015
QUOTE(Bkpp @ Jun 10 2017, 03:59 PM)
Hi, is PTFX a scam?
*
Yes, it is listed on 29th of our scam list.
lowlaywei87
post Jun 11 2017, 09:24 AM

New Member
*
Junior Member
9 posts

Joined: Aug 2012
QUOTE(DrFX @ Jun 11 2017, 04:06 AM)
We heard IGOFX investors loss 90% of their capital yesterday. Can someone confirm this?

There are many challenge on our decision to list IGOFX as a scam. We are looking forward on your testimonials. Thank you.

We hope newbies learned your lesson now. Don't keep asking for proof but learn the indication of SCAM/FRAUD.
*
Yes, largest loss of their most consistent trader, Vladislav, Gain loss 92.5%, around 48k Usd.

Recently I heard a lot people promoting igofx in Malaysia, plus there is official office in Malaysia, which I think enforcement bodies come disturb very soon.....


duplicated
post Jun 11 2017, 04:08 PM

On my way
****
Senior Member
653 posts

Joined: Dec 2015
QUOTE(DrFX @ Jun 11 2017, 04:06 AM)
We heard IGOFX investors loss 90% of their capital yesterday. Can someone confirm this?

There are many challenge on our decision to list IGOFX as a scam. We are looking forward on your testimonials. Thank you.

We hope newbies learned your lesson now. Don't keep asking for proof but learn the indication of SCAM/FRAUD.
*
I think it's unfair to label them as a scam from the recent heavy losses by Vladislav. Unless if we can find an association of the broker, IGOFX and the trader, Vladislav. If someone could prove that they are working together and purposely made the losses, then we could label IGOFX as a scam.
TSDrFX
post Jun 11 2017, 04:31 PM

Regular
******
Senior Member
1,071 posts

Joined: Nov 2015
QUOTE(duplicated @ Jun 11 2017, 04:08 PM)
I think it's unfair to label them as a scam from the recent heavy losses by Vladislav. Unless if we can find an association of the broker, IGOFX and the trader, Vladislav. If someone could prove that they are working together and purposely made the losses, then we could label IGOFX as a scam.
*
Hi duplicated,

You have plenty to learn in identify scam/fraud.
TSDrFX
post Jun 11 2017, 04:34 PM

Regular
******
Senior Member
1,071 posts

Joined: Nov 2015
QUOTE(duplicated @ Jun 11 2017, 04:08 PM)
I think it's unfair to label them as a scam from the recent heavy losses by Vladislav. Unless if we can find an association of the broker, IGOFX and the trader, Vladislav. If someone could prove that they are working together and purposely made the losses, then we could label IGOFX as a scam.
*
Beside, there is no such person exist in this world. It's a dream performance created by IGOFX owners to scam like JJPTR.

It works exactly like ponzi scheme. The performance is just the illusion to attract innocent newbies.

Wake up folks!

This post has been edited by DrFX: Jun 11 2017, 04:35 PM
jack2
post Jun 11 2017, 07:24 PM

Mr
********
All Stars
15,192 posts

Joined: Oct 2004
QUOTE(DrFX @ Jun 11 2017, 04:31 PM)
Hi duplicated,

You have plenty to learn in identify scam/fraud.
*
he is one of investors in lowyat who constantly seeking for copytrades or PAMM. Thus, he claimed so.
duplicated
post Jun 11 2017, 10:43 PM

On my way
****
Senior Member
653 posts

Joined: Dec 2015
QUOTE(DrFX @ Jun 11 2017, 04:31 PM)
Hi duplicated,

You have plenty to learn in identify scam/fraud.
*
DrFX, read my comment properly once again.
I said for this particular case, it shouldn't be the basis for our judgement, regardless if IGOFX is a scam or not.

You have to keep your objectivity in this kind of thread. Omit speculations.

This post has been edited by duplicated: Jun 11 2017, 10:47 PM

263 Pages « < 42 43 44 45 46 > » Top
 

Change to:
| Lo-Fi Version
0.0224sec    0.45    6 queries    GZIP Disabled
Time is now: 29th November 2025 - 04:47 PM