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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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Teeya2018
post May 4 2018, 01:07 AM

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QUOTE(DrFX @ Sep 10 2017, 02:26 AM)
Hi crixalisrox,

Thanks for checking with us.

The membership is open for traditional gold dealers, not for investment purpose. Any investment firm involved deposit taking in Hong Kong must regulated by Hong Kong FSC. The membership is not a financial license. They will use the membership as a tool to gain investors confident.

We wouldn't touch it unless it is regulated by Hong Kong SFC.
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Hi, just want to check whether anyone has any update on this company starling gold asset management. My son who has a business mgmt diploma is jobless and looking for a job quite sometime was really glad when he went for the interview and got the job.yes he learn to study the usual forex thing. After training for a few days, he is currently an assistant manager, no pay, its commission basis when they handle a client account only they get the commission so currently he goes to work everyday for.2 weeks but no pay coz the mgmt havent give him an account to handle.they asked my son to invest too. Im sceptical but i try to find out more coz my son said alot of staff and client do make money..my son wanted to invest too but he doesnt hv money and so do i..so if he really wants to try he has to work and ask the managers to let him handle a client's account and start from there earn his commission then see how it goes. Definitely not going to apply loan to invest so i thought i just let him work there and let him find out how things actually works there whether the clients and staff who has invested make profit and get their money or not. Does anyone here knows someone who has actually invested at starling gold?



Teeya2018
post May 4 2018, 07:13 AM

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QUOTE(DrFX @ May 4 2018, 05:32 AM)
It is a SCAM. Get your son out immediately. As described, basically now he is just doing con job for the scammer.
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Ok thanks for your reply..i will advise him, i'm curious why i can't find this company's name under BNM list of unauthorised or scam companies.i mean they have been around for a while now in malaysia isn't it?
Teeya2018
post May 4 2018, 07:35 AM

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QUOTE(duplicated @ May 4 2018, 01:33 AM)
Please advise your son to get out of the company and work elsewhere where he is paid. Secondly, your son has to find a downline in order for him to get commissions. He has to get others to invest under him, like MLM.
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Thanks for your reply, i will advise my son about this. Ok so it's like get the staff to get downline too before they get commission? Hmm..not getting a salary is one thing but this is even more unexpected..i think alot of jobless young graduates besides my son is in this company now coz their advertisement for job vacancy wasn't transparent about the salary part offered, which is actually commission based only so many were attracted by this. I wonder what happened to those clients who invested now..if some will share their experience here that will be good.apparently my son was informed that they are making lots of money. I asked him to ask them to let him see the transactions to proof that but i doubt they will show it la.
Teeya2018
post May 4 2018, 09:24 PM

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QUOTE(duplicated @ May 4 2018, 04:21 PM)
You cannot rely fully on BNM's unauthorised list because they do not have the resources to go out the scrutiny all companies.
On the other hand, you can rely on BNM's authorised list, which they have actually ran through the company. Make sense?
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Yes make sense. Thank you, you've been very helpful 👍🏻
Teeya2018
post May 4 2018, 09:31 PM

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QUOTE(Okabe @ May 4 2018, 02:25 PM)
Your son training for few days and want to handle a forex account of client and make them a lot of money? If so the clients who invested would be damned  doh.gif

Get a waiter job in a bar can still be richer than most forex trader out there  biggrin.gif
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Well, apparently the senior managers will monitor and guide them initially, thats what he told me la. Anyway i'll sit down with him tomorrow to talk about this and finding
other jobs.

 

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