One word to describe, your friend is still not qualified to be detector and never knows how myfxbook works and functions.

Please provide us the bank account details for verification.

We need to know the bank account name and which country the bank account held.

It's never surprise that people still believe in TOO GOOD TO BE TRUE.

They are very smart. If any Australian joined and become the victim, they will be in big trouble in case the victim filed complaint to AUS regulator. The regulator will do everything they can to protect Australian by taking serious action on the scam operators.

Thus it is a "wise" decision for them not to take Australian. Australia regulations do not give much protection to foreigners.

Hi Harry, are you HarryT on myfxbook discussion? he state that he are "independent sales consultant" for MIA/Fintech  ( https://www.myfxbook.com/community/trading-...rison/1596263,4 )

If FintechFx is running business that not licensed by regulator, then it is illegal, since it is illegal then forget about segregated account and fund security.

are you sure FintechFx has all relevant licenses to operate as a broker ...
These are comparisons of REAL Forex Broker and NOT .. just based on license information from ASIC and NFA
ASIC :

[attachmentid=9987953]

https://search-afsl.com/Fxcm%20Australia%20...icensee/309763/ -> FXCM
https://search-afsl.com/Gain%20Capital%20Au...icensee/345646/ -> GAINCAPITAL
https://search-afsl.com/MY%20Group%20Fintec...icensee/493603/ -> FINTECH

OR
https://connectonline.asic.gov.au/RegistryS...lRegisters.jspx -> enter AFSL Number and search

NFA:
[attachmentid=9987956]

https://www.nfa.futures.org/basicnet/Detail...=8xWTPnTVRTw%3d -> Gain Capital
https://www.nfa.futures.org/basicnet/Detail...Dw0VT6Nt%2f8%3d -> OANDA
https://www.nfa.futures.org/basicnet/Detail...=z2oWG2ReIeI%3d -> Sample of CPO / CTA that Registered & Approved
https://www.nfa.futures.org/basicnet/Detail...W%2fJDVqYKUE%3d -> FINTECH (CPO / CTA not Registered)

As you can see .. FintechFX Has NO VALID FOREX BROKER LICENSE even the NFA Membership NOT APPROVED, and if even it approved, its license for CPO / CTA, not as forex broker.

So As FintechFX has no valid license, then your money is not regulated, no segregated account and NOT SAFE

Dear Friends,

Please read my previous post above, it's a evidence that FintechFx is not SAFE,

so while its still possible you should withdraw all you money back,

or if you feel you already have BIG GROUP in MIA, then just put minimum balance ($1000) so you still got "profit" from "trades" and network, of course this money sooner or later will be lost

Just FYI, MIA-FintechFx already gather more than $33M just from James Harrison Exclusive (JHe) program (minimum of $100K deposit X 330 members) plus money from regular member (minimum $1K deposits). So right now MIA has a lot of money is their pocket, they just need to find right excuse to blow the money up, maybe some excuse is that fintechfx do not have proper license.

So, just be careful guys .. and please inform your friends about this warning ...

This is a sample of FAKE TRADING in FintechFX by MIA-James Harrison copy trading .. All Member of MIA should see the same information in your Fintech MT4

[attachmentid=10007702]

* 2018.08.16 10:45:18 SELL XAU/USD at 1177.58
But the candle in M1 is : Open: 1177.39 High: 1177.50 Low: 1177.26 Close: 1177.26

Another example, just see yourself in your Fintech MT4:
[attachmentid=10007691]
* 2018.08.03 12:17:33 BUY XAU/USD at 1207.94 sell at 1209.91 (2018.08.03 14:11:48)
M1 Candle (2018.08.03 14:11) is : Open: 1209.23 High: 1209.89 Low: 1209.09 Close: 1209.87

* FintechFX use bid-price as data for candle/chart

* If you want to analyze, you should find many of “SELL” point are out of chart / candle
for buy op -> see the end of trade/sell,
for sell op -> see the start of trade

sell point SHOULD NOT BE OUT OF CHART/CANDLE, buy point can be out of chart / candle because of spread.

maybe after they know this "glitch", maybe they will try to alter all abnormal trade, either change the open-close price, or even change the candle range data (high/low).

  We need more complaints. Come on guys! Not very hard compare to Billions being stolen!

I was an ex-member of MIA as well, and I also decided to withdraw all my capital after following this thread.
I put $24K investment into MIA,
My $23K withdrawal was done in 8 Working Days, and the other one $1K was completed in 12 Working Days.

I received my $23K withdrawal by CASH DEPOSIT from someone ( which is weird )
And the other one transferred via Internet Banking by someone ( local person, not bank wire )

I ask them ( leader ) why its not directly from fintechfx, because it supposed to be wired through them as a broker transferred the money the their client and the answer is sooo stupid that I believe that this MIA is going to scam their member soon or later.

Those still believing in they so called JH goodluck with you guys.

It is totally same technique like fxgold master that was using Triumphfx...

MIA will soon be bye-ing

An Encounter with MIA/FintechFX Representative
Met a representative from MIA491.com today along with a few friends. Being a Trader myself who trades with FCA and ASIC regulated brokers, I tend to stay on facts and got curious when an opportunity to meet a MIA representative came by today. So the story goes...

Misleading Information and Confusing Replies
I raised a question on why does FintechFX (https://fintechfx.com/) mislead its clients that they are allowed to do Forex Brokering even though ASIC did not approve My Group Fintech Co Pty Ltd for Forex activities. The replies from the rep were consistently the same: "FintechFX is regulated by ASIC, you don't believe you can check." My reply was that I have checked and done my due diligence and that he should be the one who should be checking. For the convenience of all the good folks in this thread, I have extracted the ASIC report on My Group Fintech Co Pty Ltd (FintechFX), can be found in the PDF attachment. 

Account Funding Via 3rd Party Money Changer
I asked about the funding options for trading account with FintechFX. He said there are various channels, however, credit card and bank transfer to FintechFX will be blocked by Bank Negara Malaysia and he advised me against those methods. Funding can take up to 2 weeks and it is slow and tedious. He further suggested that I can transfer money to a 'Money Changer' designated by MIA as it is a more secure method and short in turnover. I also asked him "Does that mean my account withdrawals will be from this 'Money Changer' as well? How can I trust my money with a Money Changer?". His reply was idiotically stupid "there are thousands of members who use this money changer and Bank Negara Malaysia only allow mass funds to move around if it's through a money changer.

MT4 Account Shows Past Entries ONLY
The rep proudly showed me the MT4 account which reflects it's a real account but when I did not see any live floating trades and all i see were past trade records. Any offshore Brokers can easily modify trade entries/records. Does he really think I am that SOHAI?

FintechFX Office is a Terrace House??
Being a busybody, I went on to search on My Group Fintech Co Pty Ltd's principal business address and got a shock of my life when the address is a terrace house, a residence. I have never in my life know that ASIC would allow a Forex broker to operate their business from a terrace house, LOL!!! 
You can see from this screenshot (from ASIC portal) for their principal business address:
[attachmentid=10035106]
This is how the address looks like (true story):
[attachmentid=10035105]

I guess by now it doesn't take a rocket scientist to figure out that MONKEY BUSINESS is going on within the MIA and My Group Fintech Co Pty Ltd company. At the point of writing this... I wish this post further reinforce your decision to withdraw/pullout from this obvious-scam pyramid selling. If you truly wish to help your friends and loved ones, don't refer them to join MIA. Let's see if ASIC would renew My Group Fintech Co Pty Ltd's Australian Financial Services Licensee in 16th Oct 2018 (referenced to the PDF attachment).

Exactly, I was kind of depressed while waiting for the withdrawal. And I did not expecting they would make a cash deposit. From here we can assume that something is not right with Fintechfx.
My assumption is that MIA = FINTECHFX = same person. no body using fintechfx to trade. except MIA members only.

ASIC has responded to my complaint on MIA491 and MY Group Fintech Co Pty Ltd.
Screenshot:
Details are erased for my personal safety =]

I thought MiA SCAM ALREADY??!

Sure is scam