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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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rionlaw
post May 5 2017, 03:15 PM

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From: puchong


QUOTE(Jack_1 @ Jan 5 2017, 05:34 AM)
Profit 183k , not necessary must be real profit. There are thousand of ways to create illusion. I am not to say about photoshop or change trading record. It can be real trading.

Since I knew CMK96 in personal long time ago, I am going to say what CMK96 used to do only using the old trick, maybe present CMK96 now has evolved and use much advanced illusion. I have no idea on his new trick, but only has some idea on his old trick.

Normally what he did is : Just simply open two real accounts, put in some deposits in two accounts. Each time in two accounts, do two opposite trades. For example, one account do buy, then another account must do sell. At the end, one account profit is +183k while another is -183k. In combination of two accounts, he has no loss at all. The account cannot do pure SELL trades, because people will suspect. The account must be combined SELL and BUY trades, and some lose trades also, as long as the result is convincing. Since his deposit were came from his commission, but not his personal deposit, so the "illusion" profit also came from commission. At the end, he only shown the +183k accounts, but not the -183k account. he will show his bank account statement as well to trick people join him.

I am definitely "new and young" in the world of forex, this point you are right. That is why I am one of the early bird batch and wish to invoke all early bird do not get cheated by CMK96 or by SCAMMER. As the matter of fact, I read thru your posts, I have learn a lot.

Unfortunately, since you know a lot and has a lot experience, you don't your knowledge to help people, but use your experience to help devil to cheat people. Don't you fell yourself are "old and ugly" .
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Learn alot. thanks for sharing.
rionlaw
post Jun 22 2017, 06:51 PM

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Junior Member
28 posts

Joined: Aug 2006
From: puchong


QUOTE(DrFX @ Jun 17 2017, 04:12 AM)
Hi dragonnasa,

It's an unregulated FX broker. There is no investor protections. AVOID AT ALL COSTS!
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Good day, can i know how to justify if this is an unregulated FX broker?

I have doing some checking on this company as well using below website.

https://register.fca.org.uk/ShPo_FirmDetail...b000000OHJnoAAH


Saw that this company has given permission to provide regulated products and services.
rionlaw
post Jun 23 2017, 10:09 AM

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Joined: Aug 2006
From: puchong


QUOTE(DrFX @ Jun 22 2017, 10:48 PM)
Hello rionlaw,

Our answer is about Forex.ee .
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sad.gif is my question too harsh? i'm just a newbie who wish to learn more. Anyway, what is forex.ee ? i try search google, it shows it is a forex platform.....


 

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