Welcome Guest ( Log In | Register )

52 Pages « < 45 46 47 48 49 > » Bottom

Outline · [ Standard ] · Linear+

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

views
     
TSDrFX
post Mar 29 2022, 04:11 PM

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

Joined: Nov 2015
QUOTE(lavenderguy @ Mar 29 2022, 03:41 PM)
user posted image

So many similar wonderful testimonies...SC,MAS alerts are rubbish la...
*
Not sure why all the JJPTR, MIA, IGOFX...... used to have the similar testimonies before game over.

If scam broker dont let few make money, how are they going to get more sohai without these beautiful testimonial?

This post has been edited by DrFX: Mar 29 2022, 04:13 PM
TSDrFX
post Mar 29 2022, 04:19 PM

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

Joined: Nov 2015
QUOTE(David Wayne @ Mar 29 2022, 10:06 AM)
Hi Dr FX, could you please share and elaborate more on details of the fake manipulated trades you mentioned here regarding Sentratama account so the community (especially myself) could learn more about this to protect ourselves?

Thank you.
*
Hi David Wayne,

Have you read through the first page of the thread? In fact, all the information are available in this thread.




TSDrFX
post Mar 29 2022, 04:34 PM

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

Joined: Nov 2015
QUOTE(staind @ Mar 29 2022, 04:31 PM)
Hahahaha this is what I meant earlier.
Because they make money and take capital out ad.
Just trying to point out this thoughts.
*
Here is the drama normally happened.

Before the game end, the scammers will launch a special package to encourage investors to dump in all their money again.

The sohai will diam diam greedily put everything back in, then end up the musical chair stop and game over.

This post has been edited by DrFX: Mar 29 2022, 04:35 PM
TSDrFX
post Mar 30 2022, 07:47 PM

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

Joined: Nov 2015
QUOTE(cliffekent @ Mar 30 2022, 02:24 PM)
News here: Straits Times
Two men claim trial over alleged roles in fraudulent trading scheme that lured thousands

Malaysians Leong Koon Wah aka Hermes Leong and Ng Kuan Chuan face a total of eight charges in Singapore Court. They are the Culprit behind Singliforex, 👉🏼 Triumph Global (Asia) & Union Markets.

Triumphfx still operate? Not kena jail liao?

Triumphfx same with this kan?
*
Exactly the same.

Same management. Same web site, same MT4 server, same Myfxbook, same GM account.

Still plenty of sohais believe the scammers beautiful lie that it's not the same. Hai~ Malaysian...

This post has been edited by DrFX: Mar 30 2022, 07:47 PM
TSDrFX
post Mar 30 2022, 10:52 PM

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

Joined: Nov 2015
QUOTE(quintesson @ Mar 30 2022, 10:23 PM)
i got approached by an ex-banker friend about this Triumph FX he too testified that he invested for around 2 years and by the 15mths he got all his capital back. now he only leave the profits to grow. seems too good to be true.
now using www.tfxi2.com
*
No surprise, many ex banker, ex insurance agent, ex mutual fund agent, etc are promoting TriumphFX. They have zero knowledge about real FX.

Since SC listed tfxi.com on alert list, they have to change a new URL for Malaysian to access. www.tfxi.com has been blocked from internet access. You can try.
TSDrFX
post Apr 2 2022, 06:03 PM

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

Joined: Nov 2015
QUOTE(Tsj261 @ Apr 2 2022, 01:32 PM)
That's right. Herzen / AIFC Technology is one of the NEW HOT FX SCAM in town.
TSDrFX
post Apr 2 2022, 06:38 PM

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

Joined: Nov 2015
QUOTE(jeffreyosr @ Apr 1 2022, 06:37 PM)
Btw DrFX, like to ask you on a good broker you would recommend ? Conditions:
1. Actual market quotes & No artificial slippage via plug-ins / mark up at the bridge
2. Preferably with insurance compensation scheme in the event of insolvency of the brokerage.
3. No B-book / minimal
4. Security of funds
5. Leverage not relevant

I've been using Global Prime for some time and they recently moved clients to their Seychelles regulated entity. What are your thoughts on Seychelles ? What brokers do you use ?
*
Hi Jeffrey,

Global Prime is an Australia ASIC regulated broker. Seychelles is mainly for leverage purpose. It should be fine. Most of the top tier brokers are operating from offshore for leverage benefit.

Below are brokers offering indemnity insurance protection with ECN spreads.
7. ICM.com
21. AIMS
TSDrFX
post Apr 3 2022, 09:34 PM

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

Joined: Nov 2015
QUOTE(jeffreyosr @ Apr 3 2022, 09:22 PM)
Thanks DrFX. Considering moving to Interactive Brokers as after making comparisons, should be the safest for funds security. Any experience using IBKR to trade CFDs for forex, metals, energy, indices ?
*
IB is more to shares trading. For FX CFDs, you need to compare the spreads yourself.
TSDrFX
post Apr 16 2022, 03:43 PM

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

Joined: Nov 2015
Another TriumphFX SCAM added to the list.

130: Goldenaire

TriumphFX is aggresively recruiting MLM leaders to setup new "plate" to fill up their fire in the hole. cool2.gif
TSDrFX
post Apr 16 2022, 06:11 PM

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

Joined: Nov 2015
QUOTE(Poksilap @ Apr 16 2022, 06:01 PM)
Question: Are these people who set up the divisions "in the know" as well? I mean, do they know that it is all scams or they are just about clueless as the victims?
*
Most of them are MLM or money game leaders with zero or basic FX knowledge. They buy the beautiful lie of TriumphFX people that they have godlike traders to trade for them with monthly over 10% returns.

What do you guys think?
TSDrFX
post Apr 16 2022, 11:43 PM

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

Joined: Nov 2015
QUOTE(Poksilap @ Apr 16 2022, 08:43 PM)
OK. My follow-up question: If these "leaders" who set up companies (or whatever legal entity it registered as) are actually just clueless victims and not part of the scammers, could they still be legally be held responsible and thrown into jail once the whole thing collapse? After all, they put up their name on it. Just take the example of "Goldenaire" that you just shared, once Triumphfx collapses, could the owners and employees of this "Goldenaire" be arrested and charged even if they themselves are true believers and never aware that it is a scam?
*
Hi Poksilap,

After TriumphFX directors were jailed in Singapore in 2018, they learned to keep everything offshore. There will be no local companies, thus it is out of Malaysia jurisdiction. In short, Malaysia authorities are not able to do anything if there is no solid evidences. For examples, where did victims sent their money, who are the receivers, proof of payment to a local firm or local individual.

The owners or employees of Goldenaires will definitely pretend themselves as the victims as well since they are only a marketing firm who get paid by commission. TriumphFX offshore is still the one collecting the fund. However, we learned that their leaders/investors allow to do 3rd party transfer which non of the legit brokers able to do that. This is illegal.

End of the day, victims responsible for their own foreign investment that is out of Malaysia jurisdiction. The only way Malaysia authorities will take action if there are many victims filed cases with proof of payments. After all, Malaysia is scams heaven.
TSDrFX
post Apr 17 2022, 02:39 PM

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

Joined: Nov 2015
QUOTE(ecntrader @ Apr 17 2022, 11:36 AM)
happy?

user posted image

user posted image

user posted image
*
Demo server? Demo account? Hmmm....

Any live account Myfxbook link to share with us? We think many here interested to see how well you can trade like you said.

It pretty hard to see one month result, next month can go haywire. Usually min 2 years track records for a good trader.

This post has been edited by DrFX: Apr 17 2022, 02:40 PM
TSDrFX
post Apr 19 2022, 11:11 PM

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

Joined: Nov 2015
QUOTE(howszat @ Apr 19 2022, 10:56 PM)
Let's get back to my original point "If you profit, and the broker pay out, that's all you need to worry about."

Profitable Consistently = GOOD. Keyword: consistently.

And first you got to make a profit.
*
Perhaps you can give us a good example like how good and how consistently. Which broker and any Myfxbook we can learn?


TSDrFX
post Apr 19 2022, 11:24 PM

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

Joined: Nov 2015
QUOTE(howszat @ Apr 19 2022, 11:22 PM)
If you google forex trading, you would have across the fact that a very large percentage of people lose.

For the very small percentage that win, I suspect they are not going to tell you their confidential information.
*
We cant agree with what you are saying. We are not asking for your account login password. Why worried?
TSDrFX
post Apr 19 2022, 11:31 PM

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

Joined: Nov 2015
QUOTE(DrFX @ Apr 19 2022, 11:11 PM)
Perhaps you can give us a good example like how good and how consistently. Which broker and any Myfxbook we can learn?
*
We quoted again in case you cant see or dont understand.
TSDrFX
post Apr 19 2022, 11:41 PM

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

Joined: Nov 2015
QUOTE(howszat @ Apr 19 2022, 11:38 PM)
You said: Which broker and any Myfxbook we can learn?

You expecting me to spoon feed? haha..
*
We dont need your spoon feed. We want to see what are you talking about on your amatuer theory. Hence we want you to proof us wrong.
TSDrFX
post May 12 2022, 09:23 PM

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

Joined: Nov 2015
QUOTE(barca96 @ May 11 2022, 11:25 PM)
Hi, a friend asked me to help register my name only for UnitedFX or TriumphFX. One of these 2. I don't need to put money in. Just register as a member to help my friend achieve target or something.

Will I get into trouble should anything happen to that company (even if I didn't put in any money)?
*
Stay away from the drugs if you can.
TSDrFX
post May 19 2022, 07:55 PM

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

Joined: Nov 2015
QUOTE(tonewow @ May 19 2022, 03:35 PM)
https://www.facebook.com/TokMat-Gold-Hunter-106989201580142/
20,000 likes and telegram channel got 56,000 members.

i scan scan at last saw Bold Prime as their broker.

so is this legit?
*
If they are using Bold Prime, most likely are SCAM. Any myfxbook to share?

No valid FX license and offshore broker is very very very dangerous.
TSDrFX
post May 20 2022, 12:30 AM

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

Joined: Nov 2015
QUOTE(tonewow @ May 19 2022, 11:37 PM)
thanks for help. am not familiar with fx. with what you mentioned, now i am concern about some of the people in there. lets say half are members thats 26,000 people investor.
*
If this is one of their Myfxbook, then it is genuine trading since the account is under IC Markets, one of the top brokers.

https://www.myfxbook.com/members/STWF/gold-...er-v-31/2849564
TSDrFX
post May 20 2022, 05:04 PM

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

Joined: Nov 2015
QUOTE(tonewow @ May 20 2022, 03:07 PM)
ahhh so out of those 3 -

tokmat goldhunter - legit?

jamil baharom - legit?

yang.ariff - ???
*
It's not about legit, it's whether genuine trading or fake trading. It's all depend on which brokers they are using.

Please share their myfxbook if you have.

52 Pages « < 45 46 47 48 49 > » Top
 

Change to:
| Lo-Fi Version
0.1607sec    0.47    7 queries    GZIP Disabled
Time is now: 30th November 2025 - 01:47 PM