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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 Sep 19 2022, 11:59 PM

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QUOTE(Lucas0323 @ Sep 18 2022, 12:43 PM)
Split micro second right there.
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Wrong answer. There is no such market price or movement on that second.

It's pure manipulation by entering fake price.

This post has been edited by DrFX: Sep 20 2022, 12:00 AM
TSDrFX
post Sep 20 2022, 12:03 AM

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QUOTE(BC3232 @ Sep 17 2022, 12:17 PM)
Just my 2 cents:  The reason why they don't allow to have single account, because the IB who take your $$$ will be in deep shit if kaboom. The IB life basically gone!!! OR Your IB trying to get more return, remember this is a potential pyramid scheme.

By the way FM and broker should be 2 different and individual entity. How the FM know how many accounts are there? Their concern is how many funds there are in their account.
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You are right. No conflict of interest. TriumphFX operate like mlm money game with ghost traders, fake trading, cash deposit, 3rd party transfer, everything they did were violated AML and Financial law.

This post has been edited by DrFX: Sep 20 2022, 12:03 AM
TSDrFX
post Oct 24 2022, 04:54 PM

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QUOTE(SKL @ Oct 21 2022, 11:04 AM)
It was primafx rename. Maybe the name busuk ady so they changed name.
I have posted before the primafx trade are manipulated. U can look back in this thread.
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SKL is right. Herzen is a FX scam, just like TriumphFX. They cant trade, just hide and manipulate with fake returns.
TSDrFX
post Feb 16 2023, 11:16 PM

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QUOTE(MUM @ Jan 26 2023, 09:45 PM)
While waiting for responses, you may try read the latest info about tfxi...
Try triumphfxofficial Facebook to read the comments of the existing investors...

All was OK, until tfxi replaced the usd with their own minted tfx coins in Dec 2022. All the existing investors had their money replaced with tfx coins at a rate of 1 usd for 1 tfx coins in Dec 2022. The coins had since dropped in value by 0.70 cents... indirectly the existing investors had their AUM slashed by 70% since Dec 2022. The value of the coins is continuing to drops, as tfxi will be minting out abt 1 billion USD worth of tfx coins every months as a payout to the investors 10billion usd AUM..

Since you got a friend that had invested for years in tfxi, perhaps you can check it out with him for the latest story.
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We heard the coin dropped to 0.20 cent? Is that true?

So if someone invested USD10,000, then they are basically left with USD2,000 balance now.

This post has been edited by DrFX: Feb 16 2023, 11:23 PM
TSDrFX
post Feb 16 2023, 11:46 PM

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QUOTE(douglasming87 @ Nov 29 2022, 07:52 PM)
already read thanks but i wanna from DrFX why it flagged at a scam which area ?
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When we talked about FX SCAM, majority are using FAKE trades, mean fake profits to lure newbies. It works just like a money game. The only different is you see the trades but you have no idea its fake. You may need to read through the first page to understand more.

So you will ask how you know it's fake trades? You need to run the test yourself and learn from scratch. It's similar to you are asking Dr. why you have this sickness? Dr. get their PhD, learned, studies, and through their experiences, they know what sickness you are having. But they dont teach you everything right?

In short, tier 1 license is very important to make sure a broker run their business with transparent and integrity. Why? Tier 1 license come with strict requirements and very expensive. SCAMMERS dont spend few million to scam people.




TSDrFX
post Feb 17 2023, 03:01 AM

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QUOTE(MUM @ Feb 17 2023, 12:33 AM)
YES, i was true,....
my shiok shiok price tracking shows it did drops to below 0.16 cents. (their company mentioned 0.12)
then during the last few days, the price shoot up to 0.265 as of now,...mainly after the company mentioned
Chinese investors had started to come in
Some of their top leaders had formed some of their money to form a Champion Fund to try to help push the price higher
They are starting a campaign to seek every investors to buy 300 USDT worth of coins to invest into their funds,...scheduled to happen on 1 Mar.

Hopefully not another "Push and Dump" scheme.
Will see how the price trend will be, few weeks after that 1 Mar.

xxxxxxxx

"if someone invested USD10,000, then they are basically left with USD2,000 balance now?".......
YES, only if they sell and exit all
BUT if they just hold on to it, then have to take into consideration of the about 6~8% of ROI every 5 weeks they got from their USD 10,000 investment
their USD10,000 investment had been exchanged with 10,000 TFX coins
thus they will get about 600~800 tfx coins every 5 weeks as their "profits"

if the TFX coins price remained at this level,....it will takes them about few years to get back their 10,000 worth of investment, from the accumulation of those 600~800 coins every 5 weeks

provided,... their account will not be locked from selling by then.
as currently some of their investors had their sell button locked to prevent them from selling, until the Tfx price reached 0.80 cents

xxxxxxxx
BTW, have you read those postings made in OCT directed at you and Terry by the 3 forummers?
just for info, those 3 forummers that posted those had been "missing" since Dec,.....
i really got no idea why they had been "missing" since Dec 2022.
for in Sept~ NOV they had been very active, like almost daily can see their postings.
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We saw that and it's disturbing. Their intention is to mislead and humiliate with incorrect information. Do they succeed? May be.

We would love to know how they feel with their money now left 20% by the so called coin.
TSDrFX
post Mar 22 2023, 07:15 PM

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QUOTE(Shanks747 @ Mar 17 2023, 10:05 PM)
tier 1 license is very important

list it ?
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Yes, indeed for transparency and integrity.

Make sure it is tier 1 FULL Forex brokerage license. Not white label, not authorised representative license, not payment license, etc.




TSDrFX
post Apr 11 2023, 01:19 AM

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QUOTE(Shanks747 @ Mar 27 2023, 02:10 AM)
Heard of Vlado limited ? 

I saw your scam list ...it shows VLADO in 134 if not mistaken is it the same ?
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Yes, same. Dont think any genuine FX want to have the same name with FX SCAM.
TSDrFX
post Apr 11 2023, 01:20 AM

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QUOTE(CommodoreAmiga @ Feb 19 2023, 08:11 AM)
I think their intention that time is to calm the victims of their endgame coin conversion of their fiat currency. Now that the cat is out of the bag, there is no need to do anything anymore. Either they have escaped earlier with their money or their high value paper account stuck with TriumphFX as well since TriumphFx locked all the leaders account. Karma's a biatch!
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How's the TFX hamsters coin doing?
TSDrFX
post Apr 11 2023, 09:37 PM

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QUOTE(MUM @ Apr 11 2023, 01:27 AM)
Currently is about 0.06- 0.07 cents for 1 tfx coin.
In Dec 2022, Tfxi exchanged investors usd with tfx coin at 1 usd :1 tfx coin....in under 5 months it lost approximately 94% of the value

They are now coming out with more fund coins....
Selected fund managers will eaxh hv coin named under them. 1 coin name for 1 FM
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Ok After hamster, now they are looking for cockroach.
TSDrFX
post Apr 11 2023, 09:38 PM

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QUOTE(Shanks747 @ Apr 11 2023, 12:45 PM)
Hear of Titan Fx ?
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Offshore broker. Hardly heard of them. Anything fishy?
TSDrFX
post May 11 2023, 10:23 AM

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We heard another FX SCAM game over this week. Apa cerita this time?

129. Herzen (AIFC Technology)
TSDrFX
post May 11 2023, 11:17 AM

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QUOTE(Whoopee71 @ Apr 19 2023, 09:37 PM)
Hi Equity,

Thanks for the feedback.  I'm not in need of a new/another broker now, it's just that they'd approached me recently but so far I haven't seen them being listed by this thread starter yet. 
According to ChatGPT, they're regulated and licensed by FCA and ASIC.... smile.gif
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Added but we wont recommend trading with this broker.
TSDrFX
post May 11 2023, 11:18 AM

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QUOTE(MUM @ May 11 2023, 10:31 AM)

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Again the same excuse? Kena hack again? Aiyo no new storyline?
TSDrFX
post May 14 2023, 10:22 PM

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QUOTE(CommodoreAmiga @ May 14 2023, 12:14 PM)
Nothing mention he is related to TriumphFX wor.

Better ask TriumphFX famous lies Pusher to verify.

mamaliez Is this true? Is this Ah Beng your gang of scammers?
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We have to verify with those TriumphFX suppporters. Where are they now? So quiet. mega_shok.gif
TSDrFX
post May 30 2023, 04:46 AM

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QUOTE(jack2 @ May 6 2023, 11:28 PM)
Do you all know why many have emailed to Financial Services Authority (FSA) of Republic of Seychelle to investigate on TFX but this regulator never replied?
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Well, same happened on Cysec. bangwall.gif

You will get automated reply.
TSDrFX
post May 30 2023, 04:53 AM

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QUOTE(SoChineez @ May 15 2023, 10:10 AM)
Second time posting this here due to no answer but has anyone heard of bold prime?
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First time we heard about this broker. It is holding offshore license and authorised rep of ASIC license. Not full license.

What does it offer?
TSDrFX
post May 30 2023, 04:54 AM

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QUOTE(cashzz @ May 27 2023, 12:32 PM)
hi just want to ask, so basically in page 1, the list of brokers from 1-76 all is safe to use from Msia right?
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Basically these brokers are not base in Malaysia, hence you are trading online with their oversea licenses. These brokers are safe if they are holding tier 1 license.
TSDrFX
post Jun 24 2023, 04:55 AM

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Added new FX Scam on the list.

UEZ Markets

This post has been edited by DrFX: Jun 24 2023, 04:55 AM
TSDrFX
post Jul 1 2023, 04:58 PM

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Any latest update about TriumphFX?

GG already?

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