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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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TSDrFX
post Feb 15 2022, 12:18 AM

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QUOTE(szeping @ Feb 15 2022, 12:07 AM)
Thanks DrFX, I realised there is no direct information available on their official website. Anyway, I am not in it since I think you all are right that the licenses are misleading.

This is a presentation on the "career plan" - https://www.youtube.com/watch?v=lXhMDXGSvGc (very high payout to the uplines)
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TOO GOOD TO BE TRUE. CAPITAL PROTECTION. INDICATION OF SCAM NO. 10.

user posted image
TSDrFX
post Feb 15 2022, 12:20 AM

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QUOTE(szeping @ Feb 15 2022, 12:07 AM)
Thanks DrFX, I realised there is no direct information available on their official website. Anyway, I am not in it since I think you all are right that the licenses are misleading.

This is a presentation on the "career plan" - https://www.youtube.com/watch?v=lXhMDXGSvGc (very high payout to the uplines)
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You can send an email to consumer.queries@fca.org.uk to check out about the license that they hold. Whether it is a FX investment license or it is something else. The replied we got is as mentioned.
TSDrFX
post Feb 17 2022, 06:03 PM

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QUOTE(Theone33 @ Feb 17 2022, 05:27 PM)
Coz they say they invest for us. Top brokers invest for us?
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They cheat and scam people, not invest for people. So many being scammed by Indon brokers. bangwall.gif
TSDrFX
post Feb 17 2022, 11:36 PM

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QUOTE(Theone33 @ Feb 17 2022, 07:29 PM)
Ok. Noted on the scams.

Any recommendation on which broker to use who helps us in trading?
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Generally brokers do not help people in trading as it is conflict of interest. Mean brokers business is to make money from traders and investors. If you want someone to help in trading, look for fund manager, money manager or professional traders.

Certainly you never hear casino help people to gamble and make money.
TSDrFX
post Feb 21 2022, 03:19 PM

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QUOTE(Don Salvatore @ Feb 19 2022, 09:20 AM)
If not mistaken, the arrested ones are from Sam Trade FX for illegally operating the broker in SG without MAS approval.
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Yes, and below is for TriumphFX. Many years ago since the very first TriumphFX and then the Singapore owner moved everything offshore after the case.

https://www.todayonline.com/singapore/six-c...lm-scheme-forex
TSDrFX
post Feb 21 2022, 03:33 PM

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QUOTE(Davidtcf @ Feb 21 2022, 01:18 PM)
It is possible if the trader very good at foreign exchange trading. If want try put small amount in Yuri Rothenberg. So far I see his earnings most steady. RM4k is the smallest amount. If you ok with seeing that burnt in case they run away then go ahead. Many ppl say scam but I see my few friends still making money this way.
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Yuri is an unknown trader that is better than George Soros and Warran Buffet with similar returns every month for years, does anyone curious or suspicious about what they did? A genuine trader will not able to do that for sure. Do you sense something illogical if you are someone who does not know much about fake FX? We have so much proof this is fake Forex that operate like a Ponzi scheme.

Hi David, that's your money, if you willing to risk on a time bomb, it's your own risk to take. Do not forget to leave your testimonial here after pyramid collapsed.
TSDrFX
post Feb 22 2022, 05:51 PM

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QUOTE(benjemin @ Feb 21 2022, 05:47 PM)
Hi All, I am new to this forex thing. Just curious had anyone tried to login the MT4 account provided? Does it mean they could fake the trades there too?
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Yes All the trades are fake on TriumphFX accounts without proper tier 1 regulators supervision.
TSDrFX
post Feb 22 2022, 05:52 PM

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QUOTE(SKL @ Feb 21 2022, 08:55 PM)
Save your time to tell him the truth. They won't listen after they have jumped in the boat and making money.
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Sounds like Vampire in the movie. Very hard or impossible to turn them back into human.

This post has been edited by DrFX: Feb 22 2022, 05:53 PM
TSDrFX
post Mar 15 2022, 05:17 PM

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QUOTE(Poksilap @ Mar 10 2022, 12:06 PM)
I have been following the news of Triumphfx in China (in social media like Baidu, Zhihu and even in FB even though FB is officially banned there). Recently it seems like they have began cannibalizing themselves.
Outside of China, the main "Fund Managers" of Triumphfx are "Nikolay Divinsky" and "Yuri Rotheberg" but in China the most active fund manager or team is someone or something called "Rajesh". Lately, there have been massive push within the Triumphfx circle in China to trash talk "Rajesh" and promote "Yuri". According to these people, "Rajesh" is not reliable because it is ran by people inside China despite its Indian-sounding name, and anyone who invests there should takes out their money and put it in more reliable international managers like 'Yuri".
Is this a sign that Triumphfx is about to collapse?
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Better run ASAP. The pyramid is collapsing.

We heard that investors can transfer fund among themselves or transfer to new investors to collect cash like money game. doh.gif doh.gif doh.gif

Real FX brokers never do that. It's against money laundering act!!!
TSDrFX
post Mar 15 2022, 05:20 PM

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QUOTE(Birdieputt @ Mar 15 2022, 01:18 PM)
Thanks for sharing another FX SCAM.
TSDrFX
post Mar 15 2022, 05:21 PM

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QUOTE(Birdieputt @ Mar 15 2022, 12:58 PM)
Hi guys
I am thankful that you all set up this thread  to warn newbie Forex investors. I am a self-trade stock investor...but recently stock market is volatile , FD interest rates in banks so paltry, so was thinking on how to make the money work better.
I was introduced TriumphFx by a good friend  just few months ago , whom he has invested for almost 1+year. Every 5 weeks, 6-8% returns whom he is so happy about.
So, just few days ago, he reminded me again of his gains, then I requested from him the website etc.
But upon reading,i t seems too good to be true. Almost 60-70% returns a year just by leaving our $$ in the account.
Then, i googled Lowyat on forex ,
I read DrFx and Terrytan comments...and few others who contributed.
Thank you for waking some of us up.
I have alerted my friend about this. Although he has enjoyed the returns for 1+ year already,  he is now aware.
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Many know but greediness make them stay. Just the matter of time the musical chair will stopped.
TSDrFX
post Mar 15 2022, 10:01 PM

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QUOTE(Poksilap @ Mar 15 2022, 08:36 PM)
Do you know when it will collapse? I tried unsuccessfully to get my uncle and his wife out from this scheme. He will not listen to me whatever I say. He will turn 55 near the end of this year and I'm afraid after he gets his EPF money he will then pump all of it into Triumphfx. I really hope it will collapse before that because I am pretty sure he will do that if the scheme still exist by then. I don't want him spend his old days with all his hard earned money gone. All his three children are still studying and things will not be good for them if their parents lose their life savings.  sad.gif
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You are worried about someone who does not appreciate your kindness.

Usually it happened after investors reinvest everything in.
TSDrFX
post Mar 16 2022, 05:03 PM

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QUOTE(Birdieputt @ Mar 16 2022, 04:45 AM)
Its under TriumphFX. Attached with AMG
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No wonder it looks identical. Especially the fake return % and the so called weird cycle.
TSDrFX
post Mar 16 2022, 05:03 PM

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QUOTE(jack2 @ Mar 16 2022, 12:04 PM)
Iet it be so they learn the lesson but it is too late but sorry to say
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Agreed. As long as you have tried your best, that's all matter.
TSDrFX
post Mar 19 2022, 04:57 AM

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QUOTE(Poksilap @ Mar 18 2022, 05:55 PM)
Yeah but their children are innocent. If the worst happened they would probably have to forego higher education to help their parents pay off the debts that their parents have accumulated to invest in Triumphfx. I don't want that to happen but is powerless to do anything about it.
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Somehow there are parents who promote TriumphFX together with their son and daughter. doh.gif
TSDrFX
post Mar 19 2022, 04:59 AM

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QUOTE(Poksilap @ Mar 18 2022, 05:49 PM)
Unfortunately with the recent announcement of that EPF 10K withdrawal things, scams such as this one have been given a new leash of life. Now they could go on for a longer time before collapse since a lot of this sohais will contribute these windfall to those scammers... Haih...  ohmy.gif
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Biasalah. Malaysia really full of sohais.

TriumphFX - Singapore boss
SamTradeFX - Singapore boss
Sentratama/UW Global - Indonesia boss
Midasama - Indonesia boss

They love Malaysian.

This post has been edited by DrFX: Mar 19 2022, 05:00 AM
TSDrFX
post Mar 19 2022, 07:43 PM

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QUOTE(Don Salvatore @ Mar 19 2022, 04:37 PM)
I think UW Global is Malaysian Boss also. Ernest Lee / UTS same person. They use Indonesian broker Sentratama only & Janis Urste as their trader.
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Ernest Lèè is could be a marketer or proxy only. The one collecting the fund is still the Indonesian scammer.

This post has been edited by DrFX: Mar 20 2022, 12:30 AM
TSDrFX
post Mar 21 2022, 03:03 PM

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QUOTE(lavenderguy @ Mar 21 2022, 08:47 AM)
i think those triumphfx investors all saying,"hey this triumpfx has been existing for years, no ponzi scheme will last that long to con ppl..so this one surely is safe.."
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Yes, that's the sohais we talked about. They ignored the facts that this TriumphFX has collapsed few times before, once in Hong Kong, Singapore follow by New Zealand.

They can twisted the fact but one thing they cant is because these scammers are still using the same web site www.tfxi.com . TriumphFX is the biggest fake Forex ponzi scheme now. Let see when we will watch the sohais on TV press conference again as victims.

https://www.todayonline.com/singapore/six-c...lm-scheme-forex

https://behindmlm.com/companies/triumphfx-r...r-hermes-leong/

https://www.leaprate.com/news/hong-kongs-sf...ker-tfx-global/
TSDrFX
post Mar 21 2022, 03:44 PM

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New FX SCAM Added to the list.

129. Herzen (AIFX Technology)
TSDrFX
post Mar 26 2022, 02:40 PM

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QUOTE(lavenderguy @ Mar 26 2022, 11:57 AM)
u got a good heart..
but sometimes i can't c the look of their face as if telling you.." you stupid, invest in what stock..invest in triumphfx better, sure win.."
my friend told me that directly...she said stock got risk, this one is risk free and guarantee return and post her profit to me from time to time..
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Sounds familiar. JJPTR players said the same too. 🤣

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