Can i hear any experience from Malaysian using XM?

Good service?

For service wise, you should try Pepperstone, an UK and Australia regulated Broker. https://trk.pepperstonepartners.com/aff_c?o...67&aff_id=16162


For lowest spreads, try ICMarkets https://icmarkets.com/?camp=18076

This post has been edited by Equity: Mar 19 2025, 03:34 AM

Thanks for sharing, unfortunately that company is in the list

We have added Odin Management on SCAM list.

What does this myfxbook performance tell you?

http://www.myfxbook.com/members/MIA491/mia/2030784

Australian regulation. Should be fine.

From the performance on the first glance, it looks very attractive.
BUT, I find something not right.


Major currencies do not move that much in that short period of time.

UNLESS - there are 2 exceptions.
1. This guy is trading the news. During the news, they tend to move a lot in a short period of time.
2. This guy is trading some exotic currencies.


What's your opinion?

It's a MANIPULATED fake performance by SCAMMER. Nothing to do with what strategies or instruments that they trade.

This post has been edited by DrFX: Jul 29 2017, 06:13 PM

I do agree that there are many such manipulation. Anyway, do you have a specific reason/proof on this one that you can share with us?

We hope that you have learned your lesson after IGOFX.

You will only get the proof after game over. Please learn how to identify SCAM by indication.

This post has been edited by DrFX: Jul 30 2017, 03:30 AM

DrFX,

List of Genuine Forex Brokers
9. FXCM

How come FXCM is still inside the list of genuine brokers? Is FXCM being confirmed not as a scam broker even after being de-registered by CTFC?
Please advised.

Based on CTFC news
In August 18th, 2016, the CFTC has filed charges against FXCM related to undercapitalization during the SNB-CHF crisis of January 2015. One of the charges is that FXCM guanteed client accounts against negative balances. Evidently, this form of client protection is against CFTC rules. URL

In February 6, 2017; FXCM fined $7 million by the CFTC for defrauding retail forex customers. FXCM to deregistered from the U.S. Commodity Futures Trading Commission URL

Hi giveme5,

Are you trading with FXCM? Have you been scammed?

The August 2016 did not show any scam activities and it's good that they are being fined for their mistake. It's not only FXCM, but every brokers who hold US NFA license before were being fined with no surprise, including FXDD, etc.

What they did in fact happened in every brokers, so do you called all FX brokers scammed as well? Without NFA license, FXCM is still holding tier 1 UK FCA license. And yes they will remain on our Genuine Broker list unless they loss all their top tier licenses.

Our SCAMs list mean those with no license or toilet paper license that run suspicious scam activities either by fake manipulated performance records, ponzi scheme, or non transparency monthly ROI scam.

This post has been edited by DrFX: Jul 30 2017, 06:23 AM

Thank you for clarifying, DrFX. No, I have not being scammed by them, just read a lot of negative news about FXCM in another forum ie. ForexPeaceArmy. So, there's much confusion.

Many have learnt their lessons with Vladislav.

By the way, can you elaborate on how to spot a scam?
Is it their percentage return, the drawdown or what?

Yeah Vladislav, so how many remember this name and how many are hiding now?

Do you find similarity between Vladislav and James Harrison of Odin? Too good to be true consistent high return and extremely low maximum drawdown of 2.46%. No one on earth can produce that performance. Top world hedge funds can only produced around 60% annual return consistently. So he must be from another galaxy?

We understand they are from similar syndicate that running the FX scams in the Asia market.

The Australia ASIC license hold by Odin Management is very suspicious. We strongly believe it is a cloned license, meaning that the license is belong to someone else. That's one of the reason their domain is odincapital, not odin management.

For those who still don't understand how IGOFX scam, you need to read through this blog who provide very detailed information.
http://insider-scams-exposed.blogspot.my/2...vealed.html?m=1

This post has been edited by DrFX: Jul 31 2017, 01:21 AM

DrFx can you share your insight on James Harrison MT4 suspicion? I think its good that you share with us so that we learn to identify as well.

Edit: what i identify is. They only trade GOLD pair. Anyway since you mentioned it is manipulated. Who knows it is fake also.

This post has been edited by ckdenion: Jul 31 2017, 01:56 PM

i already request odin to allow autotrade

Informative reply. Thanks.

We have received the information that the investors fund are sent to an Australia bank account under the company name Odin Management Pty Ltd. So it might not be a clone license.

We shall put Odin under investigation and kindly share if you have any further information.

Thank you.

This post has been edited by DrFX: Aug 1 2017, 12:45 AM

Guys, there is a company called StarlingGold Global which is mainly focus on precious metals like gold and silver, and also provide consulting and investment for clients in their business. However, they are doing Forex Trading also. I have been interviewed before as a Data Analyst but at the same time they also offered me another job title as Sales and Marketing Executives which is fully commissioned based, they said that I will be helping clients in consulting and investment. I am very interested to take part into it as I want to get some investment knowledge. But since there is a Forex function in their website, it makes me aware of it and I'm afraid I will be unconsciously part of the scam. So, please advice about this company.