How To Check Your Forex Broker Is Genuine Or Scam, Real FX Broker VS Scam FX Broker
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 Jun 5 2022, 10:56 PM
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#1
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Probation
8 posts Joined: Jun 2022 
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Hello may I ask if VT markets has any negative news before?
With the legal information writing that it is regulated by ASIC i suppose it is legit, please correct me if I wrong..thank you! https://pictr.com/images/2022/06/05/ByjQiA.md.png |
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Jun 5 2022, 10:57 PM
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#2
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Probation
8 posts Joined: Jun 2022
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QUOTE(tempt @ Jun 5 2022, 10:56 PM) Hello may I ask if VT markets has any negative news before? link to website:With the legal information writing that it is regulated by ASIC i suppose it is legit, please correct me if I wrong..thank you! <a href='https://pictr.com/images/2022/06/05/ByjQiA.md.png' target='_blank'>https://pictr.com/images/2022/06/05/ByjQiA.md.png </a>  https: //www.vtmarkets.com/ |
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Jun 6 2022, 07:16 PM
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#3
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Probation
8 posts Joined: Jun 2022
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QUOTE(MUM @ Jun 6 2022, 12:29 AM) Not sure if this is related... I think this tell us they did not obtain the license from malaysia financial regulator, thank you for pointing that out!This vt market is in sc my alert list [url=https:// www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list]https:// www.sc.com.my/regulation/enforcemen...stor-alert-list[/url] |
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Jun 6 2022, 07:24 PM
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#4
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Probation
8 posts Joined: Jun 2022
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QUOTE(terrytan @ Jun 6 2022, 02:02 AM) VTMarkets is a white label of VantageFX. What do they offer? Mainly a broker service right? Yes broker service, I'm concerned whether they are legit and regulated broker or if they had history of faking performance like the other scams broker because in their legal information they were regulated by ASIC but just specifically for one of his company, I'm concerned if they open account for his trader on the other unregulated company then manipulate the performance to attract people into it as I found one decent performance ea seller from this broker in myfxbook but there were so many complaints that it is not replicable. |
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Jun 6 2022, 11:09 PM
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#5
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Probation
8 posts Joined: Jun 2022
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QUOTE(DrFX @ Jun 6 2022, 10:36 PM) We are interested to know how do you know the broker did manipulated performance. Can you share the Myfxbook? I'm unsure about it, my goal here is to cross out that possibility. The seller myfxbook link: https:// www.myfxbook.com/members/HappyForex/happy-gold-v20-vtmarkets-m30/8647517 and the complaints on discussion, complaining dev is winning trades because of zero slippage. The seller have this ea running in total 4 different brokers: VT Markets, TMGM, IC Markets, Tickmill. Out of the four VT Markets and TMGM are real account while ICM and Tickmill are demo account. What raise my suspicion is the complaints and why he run demo with those well established brokers but run real with brokers that I never heard of (might because Im not sensible as well..） Kindly enlighten, thank you |
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Jun 9 2022, 01:58 AM
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#6
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Probation
8 posts Joined: Jun 2022
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QUOTE(DrFX @ Jun 7 2022, 02:09 AM) We dont see anything wrong with the Myfxbook. Well VT Markets might not be a good brokers that probably has a lot of slippages. We can see his TMGM account is doing better. Let's not compare with demo which has less slippages. Thank you for your review! |
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Jan 3 2024, 11:03 PM
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#7
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Probation
8 posts Joined: Jun 2022
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Is fusion market good?
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Oct 22 2025, 09:18 AM
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#8
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Probation
8 posts Joined: Jun 2022
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Hello good day, can i know why forex chief is listed as scam broker despite they have the 2nd tier license?
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