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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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riotx
post Mar 19 2019, 05:05 PM

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QUOTE(ycycqwe @ Mar 19 2019, 04:34 PM)
anyone heard about GCG asia??? my friend told me that 1-2 months can take back capital (USD1500) and the dividen keep into account and let it grow. is the real?? 1-2 months can start earning @@??
*
Have not heard of GCG but seeing your next sentence attracted my attention.
If you can get your capital back within 1-2 months, thats 100% return in 1 month or 50% return in 2 months..
You may try to ask your friend what can he get for introducing such a good plan to you, I guess he will say something along these lines - "I can get a certain % from your capital which you invest"

either way its definitely fake and please do not fall into such scam..


riotx
post Mar 20 2019, 02:03 PM

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QUOTE(ycycqwe @ Mar 20 2019, 12:56 PM)
He claimed that they have news from tan sri. 100% trustable and tan sri leak info to them. They just follow the info to invest. Earn very fast.
*
I still would not touch any of these. Unless you are willing to lose whatever amount you had invested into their platform

QUOTE(Carlspheno @ Mar 20 2019, 01:21 PM)
Gcg 1 trade mimum 13%
Monthly profit around 60%(self invest)
Investment of 4.5k got my modal within 6 trades

Dont care if its money game or not. I jus earn and leave even if i introduce to someone i do be honest to them
*
Well, you are lucky. If you already got your capital back, as in fully withdraw back to your bank account then you are good to go.




riotx
post Jan 2 2020, 01:26 PM

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QUOTE(Newbee1232 @ Jan 2 2020, 12:43 PM)
I know,
even though so far no problem with the withdrawal but sooner or later this tradesto will collapse
Just want to ask is there any proof that tradesto is run by Malaysian?
I need some solid proof to convince my friends who already get brainwashed to leave
*
i am not sure if you understand what was written..

"Listen or not, it's up to you. We don't gain any penny from you. We are not here to convince you, it is yourself need to learn and educate yourself. You can learn from losses or through advises from this thread."


if your friend trust you, then he will leave
If your friend do not trust you then you can just warn them and let time to show the proof

similarly nobody will be bothered if you or your friend gets scam, some people just needs to feel the pain in order to understand things
riotx
post Jan 3 2020, 11:33 AM

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From: Petaling Jaya



QUOTE(lhx_1997 @ Jan 3 2020, 11:08 AM)
As a novice investor I found out this company aka Coznect Management. This company has an AI Trading System, RTX that acts a trading bot system. I have personally checked on the SC and BNM but cant seem to trace the company anywhere on the site (checked on the list of authorized&unauthorized forex broker companies)..

Upon further researching... one of the higher ups has let me know that Coznect Management is a company that provides system. They said their first system/project is called Real Trading Expert aka RTX system(as mentioned above). They uses the Lirunex broker platform ((implementing the RTX bot system) to perform forex services for their clients. A fren has ald started using the website my.lirunex.com (PAMM account) to trade. Got other websites like lirunex.com/mylirunex.com.

They promised return 10-15% monthly.
Charges by rental basis. (eg, 1k USD capital = rentals RM600/month).
No capital lock up, withdrawal takes 24-48 hours.(so far o).

My fren plan to play with this for 6mnths/1year before withdrawing everything.

Would appreciate any advice. thankyou.
*
If they can promise you 10%-15%, does that means they "sort" of guarantee you 10%-15%?
Charges - I assume you meant that its the fees?
1k USD for RM 600.. that is like 15% charges?

Long story short, if they can "guarantee" or "promised" returns.. I would stay away from it
riotx
post Apr 10 2020, 11:59 AM

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Hi all sifus, fullerton is also under scam list?
riotx
post Apr 12 2020, 08:49 AM

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From: Petaling Jaya



alright, thank you
riotx
post Nov 18 2021, 05:32 PM

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hi all, i came across this and not sure if this is already mentioned
Anyone heard of Cashfx?
this is their website
https://cashfxgroup.com/
riotx
post Jan 27 2023, 05:06 PM

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QUOTE(keewah @ Jan 26 2023, 09:31 PM)
Hi all,

I will not be able to view through this whole thread
I understand tat first post says triumphFX is a scam
My friend invested there.
He is confident it’s not a scam and it has been running for years
May i know why is triumphFX been flagged as scam based on your experience?
*
I always tell my friends around me, the so call investor or upline who claim to be in triumphfx for years
Just do some simple calculation, imagine they invest just 1,000 usd and they claim that they get around 6-8% each cycle

Take your calculator out and note that I am just using 5% compounding for EACH month

1000 x 1.05 = 1050
1050 x 1.05 = 1102.50
.
.
.
.
12 months later = 1795.86 (nothing impressive right? this is just 1 year, lets carry on)

24 months later = 3225.09

36 months later = 5791.82

48 months later = 10,401.27


At this point, you might think - wei, not fair ma 48 months is 4 years already woh
Mind you, they themselves said that they had been in the trading cycle for YEARS and some claim to be more than 10 years

to continue the months calculation above
60 months later = 18,679.19

72 months later = 33,545.13

84 months later = 60,242.24

96 months later = 108,186.41

108 months later = 194,287.25

120 months (10 years) later = 348,911.99



Now tell me, if that particular investor / upline have over 300,000 usd and can get easily 6-8% EVERY month
Why he need to waste his saliva / effort to CONvince people around him to join?
Really got good thing then must share with friends?

 

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