How To Check Your Forex Broker Is Genuine Or Scam, Real FX Broker VS Scam FX Broker
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 Jan 29 2021, 10:23 PM
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#1
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Newbie
10 posts Joined: Oct 2013 
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QUOTE(terrytan @ Jan 14 2021, 09:51 PM) You reminded me SamTradeFX. They have both fake manipulated investment and retail traders for normal trading. I would suggest fxblue rather than myfxbook. myfxbook just full of fake portfolioEnd of the day, any performance showed must be Live account from top tier brokers. Myfxbook will be the easier way to see everything.  |
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Feb 2 2021, 05:34 PM
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#2
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Newbie
10 posts Joined: Oct 2013
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QUOTE(DrFX @ Jan 31 2021, 03:47 PM) Both are good. Check the brokers to identify real or fake portfolios. 99% offshore or unregulated brokers are fake. Hi DrFX, thanks for replying. Would you mind to share with me how to actually identify real/fake portfolio? Meanwhile, how do you think if the trading portfolio is using new broker and allowing investor to view running trades (open trades and pending orders)? I believe investor can cross check the entry price with big brokers right? |
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Feb 2 2021, 05:37 PM
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#3
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Newbie
10 posts Joined: Oct 2013
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QUOTE(Gravity @ Jan 30 2021, 03:33 PM) hi guys, recently was approached by an old friend. He shared me this: Never heard of ithttps://www.myfxbook.com/members/sealarkfth...-usd-5k/7481507 Anyone heard about this slk thingy? |
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Mar 10 2021, 01:05 PM
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#4
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Newbie
10 posts Joined: Oct 2013
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QUOTE(Reader2008 @ Mar 10 2021, 12:35 PM) If not mistaken it's another brand of USGFX. |
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Mar 14 2021, 12:34 AM
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#5
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Newbie
10 posts Joined: Oct 2013
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I remember someone has posted a picture on fin888’s trade, something like entry price outside the candle. I wanted to get that picture for my friend however I couldn’t find it. Can someone share it again?
Also, I would like to know other than the above finding, what information has been found showing fin888 is a scam? I’m not fin888 investor and never be interested on their scheme since started. Someone asked my friend to join so I’m thinking to show him some information just to make sure he’s safe. |
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Mar 14 2021, 03:49 PM
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#6
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Newbie
10 posts Joined: Oct 2013
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QUOTE(terrytan @ Mar 14 2021, 02:11 AM) Hi LaMort88, Thanks a lot Terry, I would definitely take a look on the information that you have provided.Somehow i think it's not right always asking for evident. But you can learn how to identify the scams FX from Myfxbook. Scammers always try to maintain perfect fake records, so there will be more and more funds coming in from new victims. This is FIN888. https://www.myfxbook.com/members/ositek/fin888/6083397 Then check out the game over MIA - James Harrison. https://www.myfxbook.com/members/MIA491/jam...arrison/2267699 See what's the similarity. Learn this and you will identify SCAM FX easily. Nonetheless, FX license is always the priority in checking a Forex firm. This is a great example. Perfect records, super low drawdown, super high monthly returns and you wont see any equity line(yellow) on the chart which mean trades always open and close at the same time. Get used to it, mate. MIA, Gold Tinkle, IGOFX, TriumphFX, SamTradeFX, VexTrader, etc all using the same method to scam. |
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Mar 14 2021, 03:53 PM
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#7
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Newbie
10 posts Joined: Oct 2013
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QUOTE(terrytan @ Mar 14 2021, 02:11 AM) Hi LaMort88, By the way Terry, no equity line showing means most probably it’s scam? So if someone posted myfxbook with equity line showing means it’s real?Somehow i think it's not right always asking for evident. But you can learn how to identify the scams FX from Myfxbook. Scammers always try to maintain perfect fake records, so there will be more and more funds coming in from new victims. This is FIN888. https://www.myfxbook.com/members/ositek/fin888/6083397 Then check out the game over MIA - James Harrison. https://www.myfxbook.com/members/MIA491/jam...arrison/2267699 See what's the similarity. Learn this and you will identify SCAM FX easily. Nonetheless, FX license is always the priority in checking a Forex firm. This is a great example. Perfect records, super low drawdown, super high monthly returns and you wont see any equity line(yellow) on the chart which mean trades always open and close at the same time. Get used to it, mate. MIA, Gold Tinkle, IGOFX, TriumphFX, SamTradeFX, VexTrader, etc all using the same method to scam. This post has been edited by LaMort88: Mar 14 2021, 11:51 PM |
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