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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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Victorng13
post Nov 10 2019, 02:01 PM

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QUOTE(DrFX @ Aug 20 2017, 10:22 PM)
The web site looks very scammy. What do they offer?
*
Do you deal with them after 2 years?! confused.gif
Victorng13
post Nov 10 2019, 02:38 PM

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QUOTE(terrytan @ Nov 16 2017, 08:06 PM)
We would like to invite you to join us at our exclusive seminar for private clients and traders. We will share some information about avoid scam/fraud as well. VESBOLT is exclusive ASIA partner of LMAX, LCG and Swissquote Bank.
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Event details:
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Venue : Grand Ballroom, Sheraton Hotel, Petaling Jaya, Selangor
Time : 2.00pm-6.00pm (Registration starts at 1.30pm)
Our Host :
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Speaker's Profile
-Interviewed by leading television channels including the BBC, Sky News, CNBC and Bloomberg.
-Quoted in print publications including The Daily Telegraph, The Times and The Guardian.
-Qualified as a Chartered Market Technician (CMT) with the Market Technician Association.

You will learn :
-The global markets outlook and technical analysis from the professionals.
-To trade international Shares, Commodities, FX, etc.
-Diversified portfolios investment

Get to know who VESBOLT and LONDON CAPITAL GROUP are!

PM me for more information.
*
when organize again?!
Victorng13
post Feb 14 2020, 06:02 PM

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Joined: Feb 2017
QUOTE(jack2 @ Feb 10 2020, 09:55 AM)
scamdetectors has done good job to detect the GM traders but he got many attacks from those investors...

Checking on the first post on the thread, GM collapsed few months later. lol
*
I just curious that truimph fx is scam, impossible get FSA. GM trader is scam then impossible 25mils & payout accumulating 120mils
Victorng13
post Feb 14 2020, 06:10 PM

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Junior Member
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Joined: Feb 2017
Any suggestion since so much scam in this forum??

I knew that many traders is belong to PE company, it hard to see in platform or forum. still have good trader at outside.

I follow this trader 5cycle ago..

The past performances are:

1st Cycle 7.99%
2nd Cycle 9.2%
3rd Cycle 9.5%
4th Cycle 7.2%
5th Cycle 7.3%
6th Cycle 7.2%
7th Cycle 7.1%
8th Cycle 7.6%
9th Cycle 7.3%
10th Cycle 7.1%

He is 30millions fund pool

Current fund size is 28 Millions.



This post has been edited by Victorng13: Feb 14 2020, 06:13 PM
Victorng13
post Feb 14 2020, 06:39 PM

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QUOTE(DrFX @ Feb 14 2020, 07:24 PM)
This is your scam suggestion?
*
not dare to suggestion.. learn from you better.
Victorng13
post Feb 16 2020, 06:27 PM

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QUOTE(MNet @ Feb 15 2020, 10:07 PM)
Mean already loss 2 mil?
*
Balance 2mil to reach maximum fund pool size. anyway is reach the 30mil max quota.
Victorng13
post Feb 16 2020, 06:28 PM

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Joined: Feb 2017
QUOTE(DrFX @ Feb 15 2020, 05:48 AM)
Nothing is impossible with money that scammed from victims. TriumphFX bought over an Cysec broker and bypass all the compliance.

You may challenge us but the fact is TriumphFX is always a scam since it began. Google it. Plenty of proof out there. The numbers can be make up. If it is real numbers, it's even scary when the game collapsed.

Just don't hide somewhere when it loss all your money like those who challenge us in the past. Leave us your contact. We would like to interview you about your feeling once being scammed.
*
any recommended trader or platform to us??
Victorng13
post Feb 24 2020, 10:06 AM

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QUOTE(DrFX @ Feb 24 2020, 05:00 AM)
Please do not promote SCAM FX TriumphFX in this thread. You are not welcome here.
*
since is the scam, why not open genuine forex forum to us & you are experience in forex industry? currently more like boycott.. rclxm9.gif

Victorng13
post Feb 24 2020, 10:08 AM

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Junior Member
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Joined: Feb 2017
QUOTE(dwRK @ Feb 24 2020, 10:53 AM)
when search this famous yuri guy...only scam facebook page shows up...lol
*
not exist, don't mean is scam.
Victorng13
post Feb 24 2020, 10:11 AM

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Junior Member
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Joined: Feb 2017
QUOTE(DrFX @ Feb 24 2020, 05:00 AM)
Please do not promote SCAM FX TriumphFX in this thread. You are not welcome here.
*
how to i message you since the elder is strict the rule.
Victorng13
post Feb 24 2020, 07:00 PM

Getting Started
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Junior Member
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Joined: Feb 2017
QUOTE(DrFX @ Feb 24 2020, 07:48 PM)
It is a SCAM. Don't come here and act like an idiot please.
*
Waiting Genius suggestion & recommend. I’m not mind to be idiot from you.

Thanks Genius.
Victorng13
post Feb 25 2020, 08:25 PM

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Joined: Feb 2017
QUOTE(dwRK @ Feb 24 2020, 08:27 PM)
you are right...using name of a person who doesn't exist just means it's fake.
*
90% of people name is can't find in google & that's mean not existing?? laugh.gif laugh.gif

Victorng13
post Feb 25 2020, 08:51 PM

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Junior Member
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Joined: Feb 2017
QUOTE(dwRK @ Feb 25 2020, 09:41 PM)
nope. all the professional people, anybody who is somebody I can find. I'm master at digging through the net... wink.gif

your so called ta expert I also found...in his trusted broker recommendation he put two brokers... he DID NOT recommend your scammy broker. he also didn't mention anything about your scammy broker. you cut and paste his name & photo issit? sure looks scammy to me.
*
no need to hidden the name.. transparent it.. learn from expert such like you, anyway i never name expert except you.

since you master digging through the net.. find more VC or PE forex traders & share to us.

Thank you
Victorng13
post May 20 2020, 11:03 PM

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QUOTE(DrFX @ Nov 14 2015, 06:16 AM)
How To Check Is the Forex Broker Genuine thumbsup.gif  Or Scam devil.gif

What sort of trader would not like the assistance of a broker that he can rely on? Most new traders struggle to find a genuine forex broker who is transparent and provides a great forex trading experience. There are several reasons for this, but one of the major reasons is the mindset of the traders themselves. As most new traders are lured into the forex game through a fake forex broker as an easy way to make money, they have a wrong image about the forex market and hence do not know how to get long term success. Most of us know that forex is one of the most volatile markets in the world, and due to its floating nature, the prices of the currencies cannot be predicted. But the question of how to identify weather a forex broker is genuine or not depends on several factors. You can also check the various internet websites like forexstars and other to get reviews about the various forex brokers. Here are some ways how you can check the authenticity of a forex broker.
MAKE SURE THE FOREX BROKER IS WELL REGULATED
Only trade or invest with top tier licensed brokers/banks who are under tier 1 and 2 licenses for highest protection. For example, in the event of a Swiss broker/bank bankruptcy, traders and investors are given up to CHF100k capital protection.

Tier 1 licenses under: US NFA, UK FCA, SWISS FINMA, JAPAN FSA, SINGAPORE MAS.
Tier 2 licenses under: European financial regulators, Australia ASIC, Canada IIROC.

AVOID UNREGULATED BROKERS OR OFFSHORE REGULATED BROKERS (Vanuatu, Seychelles, St. Vincent, Belize, Indonesia etc)

Traders and investors can check with their corresponding regulatory agencies that check the credibility of the forex brokers. They include the National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC) in the United States, Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) in the United Kingdom, Australian Securities and Investment Commission (ASIC), Swiss Federal Banking Commission (SFBC) and FINMA, Bundesanstalt für Finanzdienstleistungsaufsicht (BaFIN) in Germany and Autorité des Marchés Financiers (AMF) in France.
Analyze the Website
We all know that in this age of peerless internet technology, coming across fake content is totally possible and one must first check the website first for a clear picture of the reviews. Some websites are meant not for the viewers but an organization’s attempt at getting more affiliates. In such cases you have to judge for yourself whether the reviews are real or are posted through automated software to get more viewers.

Check the Comment Box
Some sites are highly moderated along with the viewer’s comments that appear on the website due to the fear of spam. If a website allows regular users to comment on their posts that is a great sign of openness. But if your comment doesn’t appear immediately on the website and is stuck in the
moderation phase forever, you certainly do not want to waste a lot of time reading your reviews on such a website. Several times unanswered comment boxes also indicate the website’s poor activity.

Only Promote Genuine Reviews
There are several websites that post a review and also refer the viewer to a broker’s website as several broker’s pay the sites to promote themselves. While there is nothing wrong in referrals, the viewers must also use their full discretion when it comes to judging whether the reviews are genuine or not. Try to avoid websites that also provide a referral link in a review that also redirects the user to the broker’s webpage.

Transparency Is A Must
The best way to know whether your forex broker is a fake one or not, is to look for his list of clients. While several fake brokers might tell you that it is against the law to disclose such information, the reality is the total opposite and no genuine broker would be afraid to share the list of his clients. Genuine brokers use their network of traders more as their work portfolio and you can always judge the authenticity of a broker through the profiles of the various clients and traders that he deals with. More transparency in a broker’s activities will instill more faith in the clients.

Look At How The Broker Works
While this would be like judging a book from its cover, forex brokers can be judged based on how they deal with their clients. If the forex broker holds each client’s funds in a segregated account approved by the traders, then it is quiet likely that you’re working with a genuine broker. Make sure that the broker has a valid proof of operating under a government regulation.

Check the Broker’s Portfolio
After you have checked how the broker works and the long list of his client’s, you still need to see if the clients are earning regular profits or not. Doing a short background check on how the various traders are performing with a particular broker is one of the best ways to know a broker’s authenticity. Forex is a highly fluctuating market and to ensure profits one requires having a really keen eye and a really honest forex broker.

Forex trading is a risky business and requires a lot of experience and skills, to earn profits over a long term period. Hence it is highly important that the new traders must check the genuineness of a broker to experience a non-stressful forex trading environment.

Indication of SCAMs:
1. FIX RETURN (SCAM)
2. Unregulated or offshore regulated brokers (Potential SCAM)
3. Lucrative upfront commission (SCAM)
4. No live report/statement access (Potential SCAM)
5. Fix exchange rate for deposit and withdrawal (SCAM)
6. Cash payment or local deposit (SCAM) unless through regulated payment gateway.
7. Lock up period (Potential SCAM)
8. Hold good license but fund being transfer to different country or offshore bank
9. High monthly return with illogical low drawdown
10. Capital guaranteed


Any FX companies matched at least 2 of above indications, it is a potential SCAM. If matched 3 of the above indications, then it is definitely a SCAM!


List of Genuine Forex Brokers
1. Forex.com (Gain Capital)
2. FXpro
3. IG
4. Pepperstone
5. Interactive Brokers
6. Dukascopy
7. LCG
8. LMAX
9. TradeMax
10. Markets.com
11. Saxobank
12. ThinkMarkets
13. Varianse
14. Oanda
15. RubixFX
16. FXDD
17. ATC Brokers
18. City Index (Gain Capital)
19. FXCM
20. ICM
21. TradeTech Alpha
22. Swissquote Bank
23. CMS Forex
24. AxiTrader
25. Aetos
26. Bloomberg
27. Tickmill
28. AVATRADE
29. Exness
30. eToro
31. Plus500
32. Admiral Markets
33. Global Prime
34. FXTM
35. Blueberry Markets
36. ICM
37. Trade.com
38. ADS Securities
39. EasyForex
40. ATFX
41. Synergy FX
42. Halifax Investment Services
43. NicoFX
44. AAAFX
45. HY Markets
46. ActivTrades
47. EightCap
48. MaxFX
49. Advanced Markets
50. AKFX
51. Tigerwit
52. GBE Brokers
53. Rakuten Securities
54. GKFX
55. Go Markets
56. Vantage FX
57. Royal RFXT
58. Mex Exchange
59. IC Markets
60.

List of SCAM Forex Brokers !ALERT!

1. LiteForex
2. GSM Financial Group
3. RCFX
4. Maxim Trader
5. ODFX
6. GM Trader (TriumphFX)
7. WFX
8. Eu Trading Group EUTG (NewTradeFX)
9. IBS
10. FXUnited
11. YouTradeFX (EUTG)
12. UFXMarkets
13. GVF
14. TP Eagles
15. Efzinitus
16. IGOFX
17. Vortex Assets and VFX Premium (Eu Trading Group)
18. KBFX
19. JJPTR
20. SFX Markets
21. FXMAC
22. Nordhill Capital
23. Otex World
24. ikoFX
25. FXcoliseum
26. FXCitizen
27. Capital Foster Advisor
28. IIB International Broker
29. PTFX
30. Falconaire
31. HotForex
32. Xtrade
33. iiinvestments
34. Exia International Group
35. MYS CAPITAL (SFX Markets)
36. Zurich Prime
37. VenusFX
38. WMS Capital
39. MXC Forex
40. ECM
41. Sentratama Investor Future
42. Midasama (Pruton Capital)
43. FG GLOBAL ENRICH (White Label of Fullerton Markets)
44. FCMIS
45. ODIN Management (odincapital.com)
46. BlueMax Capital
47. Questra
48. Atlantic Global Asset Management
49. FXPrimus
50. OctaFX
51. AccentForex
52. Financial.org
53. OTM Capital
54. MG Falconer (TP Eagle)
55. Starexfx
56. FintechFX (MIA)
57. SuperForex
58. Algotechs
59. Bealgo
60. FiFx Global
61. UTS (Sentratama)
62. Blue Trading
63. Midtou Financials
64. OTM Capital (Midtou)
65. MX Capital (Scrptx Portfolio)
66. EssenceFX
67. Tradesto
68. GCG Asia
69. Gold Tinkle - Genesis Business Group
70. WikiFX
71. TradeFred - BrightFX Capital Limited (MIA)
72. ICS Resources Sdn. Bhd.
73. OlympusFX
74. AIP
75. Ocean Bliss Investments (oceanicblissfx)
76. IronFX
77. Veonco Group
78. ECM Trader (ECM Group)
79. CK Ltd.
80. Daweda (Midasama)
81. HiiFX
82. HKdahui
83. Trilasia.com
84. Stone Lion Financial
85. Throne Legacy Capital 腾乐
86. Fullerton Markets
87. NARTT
88. Oribix
89. Awe SwissFX
90. CTIN (MDCFOREX)
91. MAXWISE Union (Sentratama)
92. TrealFX
93. 360coinpath
94. Jadesan Capital Investments (JCI)
95. Orion Star Capital
96. Maxi Services
97. Mahamudra (MMDFX)
98. Forex Chief
99. ATA Markets
100. Juze Investment
101. CP Markets (CooperMarkets.com)
102.
103.
104.
105.



List of Genuine CRYPTOS
1. Bitcoin
2. Bitcoin Cash
3. Ripple
4. Ethereum
5. Litecoin
6. Dash
7. Neo
8. EOS
9. Qtum
10. Ontology
11.
12.
13.
14.
15.
List of Suspicious CRYPTO Companies (Potential SCAM!)

1. OneCoin
2. WoToken
3. S Block
4. Plus Token
5. Sixmos
6.
7.
8.
9.
10.

In case you have invested or trading with any of the scam brokers above, try your very best to withdraw your money back ASAP. If you can't take out your money, file a report or complaint to your local regulator. In most cases, it does not help as scam brokers do not hold any licenses and end up regulators unable to trace them.

Feel free to share your experiences with any other brokers and allow us to add on to above lists.

Based on all the information we provided, i hope it helps new FX investors or traders to differentiate and identify real/scam FX.

We welcome everyone who required due diligence or advise to check the genuineness of a FX brokers. After all, it's FOC. icon_question.gif

Moderator, please do not move this topic to join with general Forex spread as it will served as a WARNING to those new to Forex. Thank you.
*
https://fintechnews.my/23800/various/securi...te-in-malaysia/
Victorng13
post May 24 2020, 10:22 PM

Getting Started
**
Junior Member
68 posts

Joined: Feb 2017
QUOTE(DrFX @ Nov 14 2015, 06:16 AM)
How To Check Is the Forex Broker Genuine :thumbsup:  Or Scam devil.gif

What sort of trader would not like the assistance of a broker that he can rely on? Most new traders struggle to find a genuine forex broker who is transparent and provides a great forex trading experience. There are several reasons for this, but one of the major reasons is the mindset of the traders themselves. As most new traders are lured into the forex game through a fake forex broker as an easy way to make money, they have a wrong image about the forex market and hence do not know how to get long term success. Most of us know that forex is one of the most volatile markets in the world, and due to its floating nature, the prices of the currencies cannot be predicted. But the question of how to identify weather a forex broker is genuine or not depends on several factors. You can also check the various internet websites like forexstars and other to get reviews about the various forex brokers. Here are some ways how you can check the authenticity of a forex broker.
MAKE SURE THE FOREX BROKER IS WELL REGULATED
Only trade or invest with top tier licensed brokers/banks who are under tier 1 and 2 licenses for highest protection. For example, in the event of a Swiss broker/bank bankruptcy, traders and investors are given up to CHF100k capital protection.

Tier 1 licenses under: US NFA, UK FCA, SWISS FINMA, JAPAN FSA, SINGAPORE MAS.
Tier 2 licenses under: European financial regulators, Australia ASIC, Canada IIROC.

AVOID UNREGULATED BROKERS OR OFFSHORE REGULATED BROKERS (Vanuatu, Seychelles, St. Vincent, Belize, Indonesia etc)

Traders and investors can check with their corresponding regulatory agencies that check the credibility of the forex brokers. They include the National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC) in the United States, Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) in the United Kingdom, Australian Securities and Investment Commission (ASIC), Swiss Federal Banking Commission (SFBC) and FINMA, Bundesanstalt für Finanzdienstleistungsaufsicht (BaFIN) in Germany and Autorité des Marchés Financiers (AMF) in France.
Analyze the Website
We all know that in this age of peerless internet technology, coming across fake content is totally possible and one must first check the website first for a clear picture of the reviews. Some websites are meant not for the viewers but an organization’s attempt at getting more affiliates. In such cases you have to judge for yourself whether the reviews are real or are posted through automated software to get more viewers.

Check the Comment Box
Some sites are highly moderated along with the viewer’s comments that appear on the website due to the fear of spam. If a website allows regular users to comment on their posts that is a great sign of openness. But if your comment doesn’t appear immediately on the website and is stuck in the moderation phase forever, you certainly do not want to waste a lot of time reading your reviews on such a website. Several times unanswered comment boxes also indicate the website’s poor activity.

Only Promote Genuine Reviews
There are several websites that post a review and also refer the viewer to a broker’s website as several broker’s pay the sites to promote themselves. While there is nothing wrong in referrals, the viewers must also use their full discretion when it comes to judging whether the reviews are genuine or not. Try to avoid websites that also provide a referral link in a review that also redirects the user to the broker’s webpage.

Transparency Is A Must
The best way to know whether your forex broker is a fake one or not, is to look for his list of clients. While several fake brokers might tell you that it is against the law to disclose such information, the reality is the total opposite and no genuine broker would be afraid to share the list of his clients. Genuine brokers use their network of traders more as their work portfolio and you can always judge the authenticity of a broker through the profiles of the various clients and traders that he deals with. More transparency in a broker’s activities will instill more faith in the clients.

Look At How The Broker Works
While this would be like judging a book from its cover, forex brokers can be judged based on how they deal with their clients. If the forex broker holds each client’s funds in a segregated account approved by the traders, then it is quiet likely that you’re working with a genuine broker. Make sure that the broker has a valid proof of operating under a government regulation.

Check the Broker’s Portfolio
After you have checked how the broker works and the long list of his client’s, you still need to see if the clients are earning regular profits or not. Doing a short background check on how the various traders are performing with a particular broker is one of the best ways to know a broker’s authenticity. Forex is a highly fluctuating market and to ensure profits one requires having a really keen eye and a really honest forex broker.

Forex trading is a risky business and requires a lot of experience and skills, to earn profits over a long term period. Hence it is highly important that the new traders must check the genuineness of a broker to experience a non-stressful forex trading environment.

Indication of SCAMs:
1. FIX RETURN (SCAM)
2. Unregulated or offshore regulated brokers (Potential SCAM)
3. Lucrative upfront commission (SCAM)
4. No live report/statement access (Potential SCAM)
5. Fix exchange rate for deposit and withdrawal (SCAM)
6. Cash payment or local deposit (SCAM) unless through regulated payment gateway.
7. Lock up period (Potential SCAM)
8. Hold good license but fund being transfer to different country or offshore bank
9. High monthly return with illogical low drawdown
10. Capital guaranteed


Any FX companies matched at least 2 of above indications, it is a potential SCAM. If matched 3 of the above indications, then it is definitely a SCAM!


List of Genuine Forex Brokers
1. Forex.com (Gain Capital)
2. FXpro
3. IG
4. Pepperstone
5. Interactive Brokers
6. Dukascopy
7. LCG
8. LMAX
9. TradeMax
10. Markets.com
11. Saxobank
12. ThinkMarkets
13. Varianse
14. Oanda
15. RubixFX
16. FXDD
17. ATC Brokers
18. City Index (Gain Capital)
19. FXCM
20. ICM
21. TradeTech Alpha
22. Swissquote Bank
23. CMS Forex
24. AxiTrader
25. Aetos
26. Bloomberg
27. Tickmill
28. AVATRADE
29. Exness
30. eToro
31. Plus500
32. Admiral Markets
33. Global Prime
34. FXTM
35. Blueberry Markets
36. ICM
37. Trade.com
38. ADS Securities
39. EasyForex
40. ATFX
41. Synergy FX
42. Halifax Investment Services
43. NicoFX
44. AAAFX
45. HY Markets
46. ActivTrades
47. EightCap
48. MaxFX
49. Advanced Markets
50. AKFX
51. Tigerwit
52. GBE Brokers
53. Rakuten Securities
54. GKFX
55. Go Markets
56. Vantage FX
57. Royal RFXT
58. Mex Exchange
59. IC Markets
60.

List of SCAM Forex Brokers !ALERT!

1. LiteForex
2. GSM Financial Group
3. RCFX
4. Maxim Trader
5. ODFX
6. GM Trader (TriumphFX)
7. WFX
8. Eu Trading Group EUTG (NewTradeFX)
9. IBS
10. FXUnited
11. YouTradeFX (EUTG)
12. UFXMarkets
13. GVF
14. TP Eagles
15. Efzinitus
16. IGOFX
17. Vortex Assets and VFX Premium (Eu Trading Group)
18. KBFX
19. JJPTR
20. SFX Markets
21. FXMAC
22. Nordhill Capital
23. Otex World
24. ikoFX
25. FXcoliseum
26. FXCitizen
27. Capital Foster Advisor
28. IIB International Broker
29. PTFX
30. Falconaire
31. HotForex
32. Xtrade
33. iiinvestments
34. Exia International Group
35. MYS CAPITAL (SFX Markets)
36. Zurich Prime
37. VenusFX
38. WMS Capital
39. MXC Forex
40. ECM
41. Sentratama Investor Future
42. Midasama (Pruton Capital)
43. FG GLOBAL ENRICH (White Label of Fullerton Markets)
44. FCMIS
45. ODIN Management (odincapital.com)
46. BlueMax Capital
47. Questra
48. Atlantic Global Asset Management
49. FXPrimus
50. OctaFX
51. AccentForex
52. Financial.org
53. OTM Capital
54. MG Falconer (TP Eagle)
55. Starexfx
56. FintechFX (MIA)
57. SuperForex
58. Algotechs
59. Bealgo
60. FiFx Global
61. UTS (Sentratama)
62. Blue Trading
63. Midtou Financials
64. OTM Capital (Midtou)
65. MX Capital (Scrptx Portfolio)
66. EssenceFX
67. Tradesto
68. GCG Asia
69. Gold Tinkle - Genesis Business Group
70. WikiFX
71. TradeFred - BrightFX Capital Limited (MIA)
72. ICS Resources Sdn. Bhd.
73. OlympusFX
74. AIP
75. Ocean Bliss Investments (oceanicblissfx)
76. IronFX
77. Veonco Group
78. ECM Trader (ECM Group)
79. CK Ltd.
80. Daweda (Midasama)
81. HiiFX
82. HKdahui
83. Trilasia.com
84. Stone Lion Financial
85. Throne Legacy Capital 腾乐
86. Fullerton Markets
87. NARTT
88. Oribix
89. Awe SwissFX
90. CTIN (MDCFOREX)
91. MAXWISE Union (Sentratama)
92. TrealFX
93. 360coinpath
94. Jadesan Capital Investments (JCI)
95. Orion Star Capital
96. Maxi Services
97. Mahamudra (MMDFX)
98. Forex Chief
99. ATA Markets
100. Juze Investment
101. CP Markets (CooperMarkets.com)
102. FDX Capital (fdxcap.com)
103.
104.
105.



List of Genuine CRYPTOS
1. Bitcoin
2. Bitcoin Cash
3. Ripple
4. Ethereum
5. Litecoin
6. Dash
7. Neo
8. EOS
9. Qtum
10. Ontology
11.
12.
13.
14.
15.
List of Suspicious CRYPTO Companies (Potential SCAM!)

1. OneCoin
2. WoToken
3. S Block
4. Plus Token
5. Sixmos
6.
7.
8.
9.
10.

In case you have invested or trading with any of the scam brokers above, try your very best to withdraw your money back ASAP. If you can't take out your money, file a report or complaint to your local regulator. In most cases, it does not help as scam brokers do not hold any licenses and end up regulators unable to trace them.

Feel free to share your experiences with any other brokers and allow us to add on to above lists.

Based on all the information we provided, i hope it helps new FX investors or traders to differentiate and identify real/scam FX.

We welcome everyone who required due diligence or advise to check the genuineness of a FX brokers. After all, it's FOC. icon_question.gif

Moderator, please do not move this topic to join with general Forex spread as it will served as a WARNING to those new to Forex. Thank you.
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Triumph FX is register under Metaquote Singapore so consider is regular / legal broker?

This post has been edited by Victorng13: May 24 2020, 10:23 PM


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Victorng13
post May 24 2020, 11:15 PM

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QUOTE(DrFX @ May 25 2020, 12:06 AM)
TriumphFX is a SCAM! The eldest scam in FX! MT4 server can be host in any countries. It does not represent anything.
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Any tip or hint prove it is scam?
Victorng13
post May 5 2021, 07:50 PM

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QUOTE(ongjinyang @ May 5 2021, 12:11 PM)

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vesbolt is is fund management, it work with some brokers might be "scammer" as in the list, that mean potential vesbolt is partner with scammer?

What is different with other fund management?

Thanks


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Victorng13
post May 5 2021, 08:33 PM

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QUOTE(terrytan @ May 5 2021, 09:22 PM)
Hi Victorng13,

May i know which brokers are on the scammer list? I didnt noticed that VESBOLT work with any brokers on scammer list.
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Victorng13
post May 5 2021, 09:27 PM

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QUOTE(terrytan @ May 5 2021, 09:47 PM)
doh.gif
Hi Victorng13,

Do you notice that it's a list of GENUINE FX Brokers? It means NOT SCAM.
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status : "Any FX companies matched at least 2 of above indications, it is a potential SCAM. If matched 3 of the above indications, then it is definitely a SCAM!" & highlight red with broker. i wrote work with some brokers might be "scammer" as in the list.


Victorng13
post May 5 2021, 09:59 PM

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QUOTE(DrFX @ May 5 2021, 10:39 PM)
status : "Any FX companies matched at least 2 of above indications, it is a potential SCAM. If matched 3 of the above indications, then it is definitely a SCAM!" & highlight red with broker.

This sentence is talking about the indications above, not below. Our bad, we have draw a line to separate the contents. We believe highlight red is because those brokers added URL for those interested to open accounts. This is why your browser show red. We shall try to fix the brokers font color.  notworthy.gif

We dont see any issue with the brokers that VESBOLT is working with.  console.gif
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ok. Thanks.

I saw few traders drawdown is high, continuously performance negative & no consistency.. May i know what happen?

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