If you do a search of TriumphFX on this thread, you will find a lot proof of this FX SCAM. Here we post again.

Apologised for the late response, MUM. Been busy lately.

There are nothing much to argue with scammers and drug addictors. They are always living in their wonderland until the musical chair game over. Then they will hide somewhere and cry. History repeat itself for all FX Scams.

TriumphFX scammers have been educating their drug addictors that Cysec license is the best. NO, it's the worst and cheapest FX license in Europe. Try make a complain that you were scammed, they will send you automated reply and ask you talk to your broker a.k.a. scammer. The fact is TriumphFX bought over an existing company to own the Cysec license by using scammed money from Triumph Global. Seychelles just another toilet paper license that you cant do any shit about it if you got scammed, they moved to Seychelles because they failed Vanuatu compliance and got black listed. Even a toilet paper regulator black listed them, you can imagine how bad is that.

They also very good in telling lies that the existing TriumphFX has nothing to do with the previous Triumph Global which in fact both are using the same domain and MT4 server. Do these macai know what is MT4 server? We believe they know nothing and only trust their upline blindly.

Regulators do not lie, look at this alert posted on 2015, that's the time they already using www.tfxi.com to scam investors. The same domain can only owned by same owner. Many victims cried losing all their investment to TriumphFX. Withdraw your investment from this FX scam because it is too late. China and Singapore already stopped and investors couldnt get their withdrawal. Only the naive Malaysian still think it's a god. Sad to see Malaysian scamming Malaysian for TriumphFX Singaporean boss.

GOT YA!

Sounds like he is smoking. 

Well what he told you is like money game, players can transfer "fund or points" to each others.

NON OF THE GENUINE BROKERS ALLOW TO DO THAT, THIS IS AGAINST MONEY LAUNDERING ACT.

Yeah they sell the usd among themselves and to their downline.
What may happen is:
1. Upline will manage all the downlines account where they will internal transfer the dividend in usd to Upline's account.
2. Upline will sell the usd among themselves. These Upline will also sell the usd to their downlines that wishes to top up.
3. As long as there are people that put more capital, all is well.

Issue I see here is that money trail goes back to them when they sell the dividend internally.
If one day txfi collapsed and somehow police report are lodged.
Foresee these Upline will likely got investigated as all money trail points to them instead of txfi.

This kind of investigation will takes years and all their bank account will be frozen.