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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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BC3232
post Sep 10 2022, 01:50 AM

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QUOTE(trailblazers_song @ Sep 9 2022, 11:34 PM)
Is Vesbolt which is obviously not license in Malaysia a Scam or Genuine ? Does  it mean any company involved  in asset management & forex related activities , must be regulated by SC/BNM otherwise they are automatically a scam ?. After all thru  Vesbolt u can register with a broker NOT REGULATED by BNM /SC. So does that make them illegal ?
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I am not supporting Vesbolt, and I am very curious why they are giving out that much referral fees. Maybe this is the standard, and I will say sorry to you by questioning this to TXFI if this really is.

But it doesn’t make sense also, why paying so high fees when your fund is so good. (Godlike)

Do you want to know the biggest differences? People don’t think they are scam because they put their partners name on their website, they clearly shows their referral fees. Vesbolt name is not shows in the warning list , at least for the moment.

TXFI got no transparency at all. No contact number, the referrals fees TFXI put is as FM revenue, authority from different country put TFXI in warnings list, in those IB presentation only shows bank logo, but don’t put on thr website.


Regardless, I am still sceptical about Vesbolt’s return. I need some more time to do research.


BC3232
post Sep 10 2022, 11:51 AM

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QUOTE(trailblazers_song @ Sep 10 2022, 11:18 AM)
Ya ur not supporting Vesbolt . Is like some saying I m not supporting Najis but vote for BN .
Obviously u don’t understand the meaning of offshore broker to ask such nonsensical questions
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You are evading to answer. Don't taichi. Both of you are offshore brokers. But apparently, 1 partnership with a renowned broker and everything is self-claim in TFXI.

BC3232
post Sep 10 2022, 01:09 PM

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QUOTE(trailblazers_song @ Sep 10 2022, 12:04 PM)
What ans u want? Ya the brokers in Vesbolt are so renown that there are license at BVI , Cayman, St Vincent etc ? Did u even bother to click on the link on the 1st page of this thread ? Or u just take the words of Vesbolt Gang that they are Tier 1 licenses issues by BVI, St Vincent , Belize , Bermuda , Cayman , Vanuatu etc ? Don’t be lazy ..click on the link on the 1st page of this thread that Dr without forex license claimed are genuine.& 1st class brokers . Teh Tarik claimed Cysec lousy license but all if not most of the brokers in Vesbolt tier are lowered tiered or No tier at all compared to Cysec license
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I am not questioning VESBOLT's license. It's fair, both VESBLOT and TFXI are paper toilet licenses.
BUT those renowned Brokers are all got tier 1 licenses as well woh...are you deliberately missed that ?

At least they share their logo on their website woh, you do know that you need other party to agree to use your company logo. I am very happy that you contact Vesbolt's partner to verfied. IF they Cin cai cin cai use it, expore it at there. I will support you.


QUOTE(trailblazers_song @ Sep 10 2022, 12:07 PM)
What are self claimed by TFXI. Don’t just talk nonsense . List down the self claim
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I forgot what they day during the webinar, but you guys are showing Citibank logo, HSBS logo, BofA Logo woh....but don't dare to put in on the website.
Vesbolt at least put SWISSQUOTE BANK logo woh


QUOTE(trailblazers_song @ Sep 10 2022, 12:12 PM)
But it doesn’t make sense also, why paying so high fees when your fund is so good.  (Godlike)

What are u trying to say ?
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Sorry mine is Ah pek style english...I try to say their referral fees is doesn't make sense as well.



BC3232
post Sep 10 2022, 07:30 PM

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QUOTE(dwRK @ Sep 10 2022, 07:12 PM)
come i help you understand broker license.... brokers and companies can have licenses in Australia, UK, USA, etc... as well as toilet paper licenses in BVI, Cayman, etc for tax and other purposes... example ic market and oanda have Australia licence and also toilet paper licenses... unfortunately we in Malaysia will usually be directed to accounts under toilet paper license countries

all these tier 123 licenses are just talk... i've not seen any definition what these tiers mean...

saying "under license and regulated" means shit imho... unless the types of licenses and compliance to what regulations are described... eg, a hawker food seller is also "under license and regulated"...

anyways keep up the challenge... wink.gif
cant find vesbolt's BVI license anymore... last time can find... today cannot... lol... anyways don't trust any logo ppl put up... wink.gif

vesbolt partnership with broker doesn't mean anything other that they are mam/pamm accounts imho... also vesbolt meet our team... that is just stock photo... lol...

anyways... i just watching the drama only... hahaha...
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So does it means when we want to invest in Vesbolt, we can go through Vesbolt partners?

BC3232
post Sep 10 2022, 08:39 PM

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QUOTE(dwRK @ Sep 10 2022, 08:30 PM)
you don't invest directly with vesbolt lah bro...

you open account with legit brokers, so called partners... you let vesbolt trade for you... they take a profit cut... broker account still under your control...

alternative is copy trading lor...
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Thank you. My gut instinct is correct. Because I asked a question in another post....why those funds in TFXI is not available in other brokers? It doesn't make sense, is copy trade so since the fund is so good they should be available in other brokers.
BC3232
post Sep 11 2022, 01:46 PM

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You make your own judgment:

https://www.youtube.com/watch?v=gTD7-9qw6Yk&t=331s

https://drive.google.com/drive/folders/1_mx...s9A?usp=sharing


1.53 : TruimphFX Regulated by WorldBank? ( this really no joke leh)
4.52 : 15 countires SC certification? ( those who has knowledge please help. My tought is TFXI has a passport license, not regulated)
6.39 : They used to show UK licensing, but removed, but still talk in the presentation....
6.50 : Worldbank regulated by commercial banl?

Don't tembak and F 9 me ya....I asking the reader to make his /her own judgment!!!!
BC3232
post Sep 11 2022, 08:05 PM

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QUOTE(trailblazers_song @ Sep 11 2022, 06:42 PM)
Use some common sense lah. Unit trust , life ins , general agt sells for the co but they do not have an employee - employer relationship . So are the investors & IB in tfxi or Vesbolt for that matter .. so the YouTuber represent Tfxi officially. Misrepresentation by anybody is not an indication the co is a scam
Guarantee u not int to F u . Only sexy ladies 🤣
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??? I didn't say anything woh. I just ask readers to make thier own judgment woh...this also cannnot?
BC3232
post Sep 17 2022, 12:17 PM

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QUOTE(darksider @ Sep 17 2022, 10:53 AM)
Like the few friends of my father actually believe the ghost trader aka Yuri and Nikolai to be real people doing trades. And talk about how Russian wars didn't affect them, and that they are compassionate as they don't allow big amount deposit into one single account, and if you want to invest big amount you need to make multiple accounts, thereby taking care of the poor peasants like jjptr. One is owner of an engineering firm with 500 or more employees, one is general manager of an healthcare appliances mnc.
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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.

This post has been edited by BC3232: Sep 17 2022, 12:21 PM
BC3232
post Sep 21 2022, 09:52 AM

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QUOTE(trailblazers_song @ Sep 21 2022, 01:45 AM)
Did u read thru the lies in this thread & on tfxi thread ? I was not even involved until < than a month ago cos BTH all the lies by Dr without license in Fx & Teh Tarik Veilbolt gang ….paper toilet & pariah or words to this effect , I pick from these hypocrite just to prove a point . How hypocritical can such hypocrites be , condemning Triumpfx license from Cysec as lousy , pariah etc when most if not all the listed brokers on 1st page of this thread are from even lower class licenses like Cayman , Bermuda , Vanuatu, BVI. Just pointing out Veilbolt gang or should I put it as Veilbolt the hypocrite gang . That’s why they never dispute the images I posted abt their brokers & where they are licensed which u can easily DD using the link manipulatively provided by Dr without Fx license. Sifu , my foot 🤣
Wififx? Forget it. BNM was rated as scam lah . MBB & Pbb negatively rated
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The Veilbolt gang posted TFXI’ address . Well this is their broker pepperstone address . Worse still pepperstone eu licensed by Cysec which they claimed is pariah or word to that effect
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actually I did visit to WikiFX (desktop), and I search BNM, they are no more listed as a scam woh.....No public bank also....

BC3232
post Sep 21 2022, 09:43 PM

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QUOTE(trailblazers_song @ Sep 21 2022, 05:06 PM)
Here u go again Veilbolt gang misleading the public.
Anybody who uses wikifx must be pretty ignorant to just post anythg they found by googling . BNM , Bursa Malaysia   Pbb is a scam 🤣🤣🤣 fr a Fx scam site

user posted image

[url=https:

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user posted image
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user posted image

Why I am seeing something different? Cannot search public bank also...how you get the result ya?


This post has been edited by BC3232: Sep 21 2022, 09:43 PM
BC3232
post Oct 10 2022, 02:52 PM

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QUOTE(SKL @ Oct 10 2022, 02:09 AM)
Now we are arguing that's a scam but if it's legit but poor performance like mutual funds then what's the point.

Yes, invest in mutual fund is legit but if they lose your fund 50% then legit for what?
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Bull S. Then why you are still working or running a legit business? A legit business will incur losses.

Why don't you quit your job or stop your business, and start doing illegal activities, like smuggling, human trafficking or selling drugs?

 

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