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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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Don Salvatore
post Sep 4 2021, 11:10 AM

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QUOTE(terrytan @ Sep 4 2021, 12:18 AM)
When the pyramid is too big to pay, thus they must aggressively source for new victims.

It will collapse eventually once their payout amount > than incoming fund since there is no real trading behind.

The first collapsed is in 2015, follow by 2018, next one is around the corner.
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Hi Terry, just to check, what happened to TriumphFx in 2018? As I remember I have a friend who is investing since 2015 and he mentioned there was nothing happened in 2018. I'm a conservative person so I am not into this schemes. Just may if I could get more info for my friend so I can ask him to withdraw the funds as soon as possible.
Don Salvatore
post Sep 24 2021, 01:26 AM

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Checked with my friend. He said TriumphFx has already obtained the Seychelles license. The another photo is captured from Seychelles FSA website. Hmmm.....
Don Salvatore
post Oct 14 2021, 05:40 PM

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QUOTE(DrFX @ Oct 14 2021, 04:43 PM)
Hi SKL,

Labuan FSA is tier 3 license, better than toilet and tissue paper but still a paper.

It’s getting popular among FX Scams.

Malaysia Boleh!
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Yeah, I heard UTS (Janis Urste) is trying to colaborate with a broker that has Labuan FSA license.
They are going market their schemes not just with "LHDN" stamp but Labuan license as well....

What do you think about that?
Don Salvatore
post Oct 14 2021, 10:45 PM

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QUOTE(DrFX @ Oct 14 2021, 05:54 PM)
Janis Urste is just an actor hired by Indonesian SCAM broker!

They can have the license but fund may still go to offshore or somewhere unknown. Labuan leverage is limited to 1:100. UW Global is Labuan regulated and owned by the Indonesian SCAM broker Sentratama!
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I see....got it. Thanks for the feedback. Yes, UW Global is the name I've forgotten. But I'm curious how UTS managed to get LHDN stamp. Is it so easy to obtain?
Don Salvatore
post Feb 19 2022, 09:20 AM

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QUOTE(Decklin @ Feb 18 2022, 11:39 AM)
3 key personnel arrested and being charged in Singapore just in Dec and all funds are locked. how high roi I also won't even go near
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If not mistaken, the arrested ones are from Sam Trade FX for illegally operating the broker in SG without MAS approval.
Don Salvatore
post Mar 19 2022, 04:37 PM

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QUOTE(DrFX @ Mar 19 2022, 04:59 AM)
Biasalah. Malaysia really full of sohais.

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

They love Malaysian.
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I think UW Global is Malaysian Boss also. Ernest Lee / UTS same person. They use Indonesian broker Sentratama only & Janis Urste as their trader.
Don Salvatore
post Sep 1 2022, 12:05 PM

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QUOTE(dlsdeb @ Sep 1 2022, 09:01 AM)
I’ve actually recently heard of this as well. They’ve been saying it’s a legit trade since 2009 and it’s stable. Could you share with me a little? I wanted to know more about Triumphfx since they’re painting rainbows over this.
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You want to know which side's perspective? If you're looking for TriumphFx's bad remarks side, this is definitely the place for you. As 80% of the people here are those that will give you bad remarks & POV bout TriumphFx. Don't even hope to find someone here that will tell u good things about TriumphFx. They're all probably back-watchers of this LowYat Thread only.

Cause every single time they open their mouth, 80% of the people here will bash them.
Don Salvatore
post Sep 19 2022, 03:32 PM

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QUOTE(DrFX @ Sep 16 2022, 11:59 PM)
We trust every FX traders around the world can tell what's wrong with the account statement from TriumphFX.

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I tend to refrain from replying any post on this thread but this, I have to cause it's from DrFX himself. The one and only mastermind FX Sifu with his manipulative shit facts. Not sure if you've read all the 240 pages of your OWN thread, but I believe you're the same with all the other critics who closes their 5 senses when you're being counter-explained.

Your concern raised above has been REPEATEDLY explained by so many people as to why TriumphFx's MT4 Trades have the same opening & close time. I don't know how many comments have already replied you but you still use this model to manipulate the public. What a JOKE.

Don Salvatore
post Oct 13 2022, 01:37 AM

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QUOTE(jack2 @ Oct 13 2022, 12:28 AM)
Impossible. It was burst since 2018.
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I've encountered so many stubborn haters of TFXI but this Jack is on a different level.
Saw one site said its burst and there it goes. Fixated his brain, mind & soul thinking that it really burst.

GM Trader still exists until now since 2013. Same goes to other FMs. Everyone in TFXI enjoying GM's profit since 2013 & throughout the 9 Years, so many idiots barking it collapse (2015 - Lowyat), then it went scam (2017 - BehindMLM), then it went burst (2018 - ForexPeaceArmy) and now latest info you have BehindMLM saying entire TriumphFx has collapsed when www.tfxi.com is still running LIVE.

I really can't fathom the perspective & mindset of these haters. Sorry to say, are you guys some kind of retard? Can't grasp the reality that is portray infront of you? Too desperate to say White is Black when it is obviously White just because you want entire world to believe it is black?

Are you guys on hallucination? Please seek medical check-up to see you guys have some kind of hidden sickness due to extreme amount of hatred.

You guys are making yourself a joke for repetitively barking the same thing every single year. And even a joke for saying it "collapses" when you still can login in LIVE now.

Dont come and reply me saying "Why withdrawals are so slow". I already answered in another thread. Go and read it yourself. Oh wait, forgotten that most of ya'll are blind to see such simple things such as TFXI.com still exists now. What more reading simple sentence using abc words.

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This post has been edited by Don Salvatore: Oct 13 2022, 01:39 AM
Don Salvatore
post Oct 13 2022, 01:54 AM

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QUOTE(jack2 @ Oct 13 2022, 01:47 AM)
give me the mt4 access for GM Trader master account and check the history somewhere in 2017 or 2018.
the trade who made huge loss boomed the account
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Why should I give you MT4 access to PROVE something you self-proclaimed? You're the one who should prove to me that GM Trader made a huge loss & boomed the account since you already believed it has been burst. Dude, answer my question on the previous comment. Are you hallucinating?

Asking me to prove your claims. What are you smoking Jack?

This post has been edited by Don Salvatore: Oct 13 2022, 01:55 AM
Don Salvatore
post Oct 13 2022, 01:59 AM

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QUOTE(Don Salvatore @ Oct 13 2022, 01:37 AM)

I really can't fathom the perspective & mindset of these haters. Sorry to say, are you guys some kind of retard? Can't grasp the reality that is portray infront of you? Too desperate to say White is Black when it is obviously White just because you want entire world to believe it is black?

Are you guys on hallucination? Please seek medical check-up to see you guys have some kind of hidden sickness due to extreme amount of hatred.

You guys are making yourself a joke for repetitively barking the same thing every single year. And even a joke for saying it "collapses" when you still can login in LIVE now.

Dont come and reply me saying "Why withdrawals are so slow". I already answered in another thread. Go and read it yourself. Oh wait, forgotten that most of ya'll are blind to see such simple things such as TFXI.com still exists now. What more reading simple sentence using abc words.

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To top that off, BehindMLM admin "Oz" self-proclaimed it has been collapse in the comment section. He must've thought he is 'right this time' and 'I've told you so', Just to wake up next morning finding out his article backfired him when TFXI website went back online.

All these haters are similar to Oz. All self-proclaiming idiots. Ask supporters to find proof, but haters can claim everything they want.
Below are few examples of articles/forums saying it is a scam as old as 5 years ago. JOKES!

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Don Salvatore
post Oct 13 2022, 02:03 AM

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QUOTE(jack2 @ Oct 13 2022, 01:57 AM)
i do not need to prove for u.

Go FPA and counterclaim there then.
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Congratulations. You just make yourself look like a complete idiot.

- Jack says GM Trader Burst in 2018
- Jack says "because FPA forum said so"
- Supporters replied it didnt burst and still running since 2013
- Jack insist it went burst & that incur huge losses in 2018
- Supporters ask for proof
- Jack ask supporters to prove his own point
- Supporters asks Jack to show proof
- Jack says "I do not need to prove for you. Go FPA & counterclaim there then".

Bro. How much you charge for your stand-up comedy show?

This post has been edited by Don Salvatore: Oct 13 2022, 02:05 AM
Don Salvatore
post Oct 20 2022, 01:45 AM

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QUOTE(tenent007963 @ Oct 18 2022, 09:12 PM)
Hi guys..

Recently I found an association called Union Traders Society. They claimed they're using GFA Asia and another Indonesian broker which they emphasized "are regulated by Bappebti, Kliring Berjangka Indonesia and also monitored by Malaysian government". They have their fund transfer receipt from various banks including RHB, Bank Muamalat, and also Public Bank. They even provide transfer slips for the fund withdrawal from the fund(segregated account, they say) to our own bank account. Just want to know if it's trustworthy or not, and also feedback from others about it.

Note: from my search I saw the list of scam brokers and UTS(Sentratama) is on the list. but as I searched further, I saw people posting as their agents, people saying they are doing what they should and are getting their returns since 2018, and even the UTS people themselves shared all the regulation numbers with Malaysian and Indonesian regulators. The people inside even admitted that "they were scammed before and so they decided to go for another fund management company which the fund manager is, you might've guessed, Janis Urste. So I just want to know the most up-to-date info about it.
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I have no intentions of badmouthing Union Traders Society like other clowns would do (bashing all Forex Investments), but here are a few info I know regarding this platform.

1. Use PT Sentratama Investor Berjangka, Indonesian Broker regulated by Bappebti (Indo Regulator)
2. Operate with 1 Fund Manager named Janis Urste
3. Locks Capital for 1-2 Years
4. Returns are about 2-4% a month
5. MAM Trading System
6. Sells their investment in package (Gold, Gold Turbo, Platinum etc)
7. Higher Capital = Higher Returns
8. Funds deposited & withdrawn to/from "Union Trader Society"s Bank Account at Mandiri Bank (Indonesian Bank)
9. UTS Group obtained LHDN stamp for their investment agreements (Tend to be their selling point as your returns are so called 'approved' by LHDN)
10. Founder's name is Ernest Lee. https://www.forexpeacearmy.com/community/th...kai-earn.46384/

I don't 100% believe the story stated in FPA but may have a read. Most people in FPA are clowns in a different circus as well. So may do deeper research to validate the scam story.
Don Salvatore
post Nov 1 2022, 12:51 AM

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QUOTE(neil888 @ Oct 31 2022, 09:26 PM)
All Sifus,

May I know MAXWISE / GFS Asia / UW Global a scam? pls provide more info. TQ
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Not sure about MAXWISE, but GFS Asia is operated by Janis Urste, which pose as the Fund Manager of UTS (Union Traders Society). UW Global is another platform they're using besides PT Sentratama Broker in Indonesia.

May read up my comment on last few pages regards to UTS.

 

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