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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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sainod
post Jun 14 2017, 09:29 AM

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QUOTE(duplicated @ Jun 12 2017, 03:33 PM)
If you have stated it earlier then it's fine. Because this is a new case, just happened a few days ago and I did not know that you have actually mentioned it in the past.

However, I would appreciate that you keep things professional and less emotional. You know that capitalised letters mean shouting, don't you?
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BTW : https://www.forex.ee/en/team/ same name used by igofx?
duplicated
post Jun 14 2017, 02:56 PM

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QUOTE(sainod @ Jun 14 2017, 09:29 AM)
BTW : https://www.forex.ee/en/team/  same name used by igofx?
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I am not sure if it's the same person because I do not have Vladislav from IGOFX last name or other information about him. Maybe someone here could do some digging and share it.
wan7075
post Jun 15 2017, 11:07 AM

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frankly speaking, I'm not a good trader and making loss last few years.

May I know is there any copy trade system which under a genuine broker? Or copy trade system is never appeared under genuine broker?

thanks.
dragonnasa
post Jun 15 2017, 03:07 PM

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Hi Dr.FX,

Do you have any idea on Forex.ee ? Cause I can't find it in any of your list here.
Your advise are very much appreciate, thank you.
notworthy.gif
J&J+Cs
post Jun 16 2017, 02:23 PM

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Dear DrFX

Any idea about VIBHS Financial Ltd with FCA license , website shown VARIANSE is a trading name of Vibhs Financial Limited. Is safe to trades with this broker ?

They also provide MAM or PAMM account for investors. Really wish no more victims as igofx happen agian to us. This is the info i have now. Need professional to help.

I sincerely Thanks to Dr. Fx and lowyat.net provide us such a GREAT platform over the world, how to avoid our hard earned money being SCAM.

Thank you very much.

Vibhs Financial Limited would be another big wave if they are SCAM program.
TSDrFX
post Jun 17 2017, 04:12 AM

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QUOTE(dragonnasa @ Jun 15 2017, 03:07 PM)
Hi Dr.FX,

Do you have any idea on Forex.ee ? Cause I can't find it in any of your list here.
Your advise are very much appreciate, thank you.
notworthy.gif
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Hi dragonnasa,

It's an unregulated FX broker. There is no investor protections. AVOID AT ALL COSTS!
TSDrFX
post Jun 17 2017, 05:10 AM

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QUOTE(J&J+Cs @ Jun 16 2017, 02:23 PM)
Dear DrFX

Any idea about VIBHS Financial Ltd with FCA license , website shown VARIANSE is a trading name of Vibhs Financial Limited. Is safe to trades with this broker ?

They also provide MAM or PAMM account for investors. Really wish no more victims as igofx happen agian to us. This is the info i have now. Need professional to help.

I sincerely Thanks to Dr. Fx and lowyat.net provide us such a GREAT platform over the world, how to avoid our hard earned money being SCAM.

Thank you very much.

Vibhs Financial Limited would be another big wave if they are SCAM program.
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Hi J&J+Cs,

Would you mind to provide us more information regarding this company offer? If they offered MAM or PAMM, do you have their myfxbook or any track records?

Apparently it seems like a genuine FX broker under UK FCA.


J&J+Cs
post Jun 19 2017, 12:31 AM

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Sorry i don't have much info about VIBHS . ( £ 1,367,016 capital as 30 Nov 2016 ) not sure am i correct confused.gif

rumours said TP Eagles going to use this broker for trading after discontinued partnership with MGMC.

If with FCA broker , all trades should be transparent & with live mt4. So , is SAVE for us to invest right ? More confident to funding now hmm.gif

Please advise

Thank you very much

Good night

TSDrFX
post Jun 19 2017, 02:04 AM

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QUOTE(J&J+Cs @ Jun 19 2017, 12:31 AM)
Sorry i don't have much info about VIBHS . ( £ 1,367,016 capital as 30 Nov 2016 ) not sure am i correct    confused.gif

rumours said TP Eagles going to use this broker for trading after discontinued partnership with MGMC.

If with FCA broker , all trades should be transparent & with live mt4. So , is SAVE for us to invest right ? More confident to funding now  hmm.gif

Please advise

Thank you very much

Good night
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It's all depend on where do investors funding. TP Eagles is a ponzi scheme without transparency.

After IGOFX game over, next will be TP EAGLES and GM Trader (TriumphFX) although TriumphFX has scammed once.

This post has been edited by DrFX: Jun 19 2017, 02:05 AM
Seng_Kiat
post Jun 19 2017, 07:52 AM

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How about xm ?
ckdenion
post Jun 19 2017, 01:03 PM

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From: Wangsa Maju, KL



QUOTE(DrFX @ Jun 19 2017, 02:04 AM)
It's all depend on where do investors funding. TP Eagles is a ponzi scheme without transparency.

After IGOFX game over, next will be TP EAGLES and GM Trader (TriumphFX) although TriumphFX has scammed once.
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i think midasama will also follow along.
jack2
post Jun 19 2017, 01:45 PM

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QUOTE(DrFX @ Jun 19 2017, 02:04 AM)
It's all depend on where do investors funding. TP Eagles is a ponzi scheme without transparency.

After IGOFX game over, next will be TP EAGLES and GM Trader (TriumphFX) although TriumphFX has scammed once.
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GM Trader is still exist?
Dianayss
post Jun 19 2017, 10:17 PM

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Dear DrFx, any idea about PFX and instaforex ??
TSDrFX
post Jun 19 2017, 10:46 PM

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QUOTE(jack2 @ Jun 19 2017, 01:45 PM)
GM Trader is still exist?
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Yes. 2nd round.
TSDrFX
post Jun 19 2017, 10:48 PM

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QUOTE(Seng_Kiat @ Jun 19 2017, 07:52 AM)
How about xm ?
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XM is a FX broker under Cysec. If your deposit is not big, it's completely fine.
TSDrFX
post Jun 19 2017, 10:58 PM

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QUOTE(Dianayss @ Jun 19 2017, 10:17 PM)
Dear DrFx, any idea about PFX and instaforex ??
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You mean PTFX?

Instaforex is never be a broker that we will recommend.
SKL
post Jun 20 2017, 03:19 AM

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Dear DrFx, any idea about FBS
TSDrFX
post Jun 20 2017, 05:16 AM

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QUOTE(SKL @ Jun 20 2017, 03:19 AM)
Dear DrFx, any idea about FBS
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FBS is a Belize offshore based FX broker. Not recommended.
lowlaywei87
post Jun 20 2017, 06:01 PM

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Guys, this is the previous account that I opened earlier, IGOFX comes out with this clarification biggrin.gif
Is their explanation legit ? Hehehe


Attached thumbnail(s)
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TSDrFX
post Jun 20 2017, 06:48 PM

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QUOTE(lowlaywei87 @ Jun 20 2017, 06:01 PM)
Guys, this is the previous account that I opened earlier, IGOFX comes out with this clarification biggrin.gif
Is their explanation legit ? Hehehe
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Whatever reason or clarification they gave is unacceptable due to lack of transparency. It's just an excuse to close the game and run away with investors money.

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