Exactly! Don't know why some ppl just don't read before commenting.

U refer fren and they pay u a fat commission from ur fren capital...

Obviously a ponzi scheme bro....

I have never encounter any legit stock or forex trader that bother to showboating wealth and recruit people to trade...

Those that make it will either keep it very discreet or they teach u for free kust on a goodwill to help people out bcoz thrs totally no commission in refering people 😅

Yep that is the fishy part. Why would an investment company ask u to go around recruiting people to join them? Somemore give you high commission and high returns. Easier they just borrow from banks to invest instead of paying you so much

This is obviously ponzi scam that uses 'forex' as business model to cover up their shady operation

Opportunists are everywhere. Last few years we have witnessed fake gold investment scheme. Now forex.

What is next? Belacan ponzi scheme?

Same shit different smell.

Scammers will use whatever method to appear 'legit' as long as they can lure naive, uninformed victims to invest in such ponzi schemes

Knowing the truth, seeing the truth but still believing in the lies. Bravo!

but some ppl still like to invest and hope to get quick returns before it collapse.... so naive.

but i don't see more than 1 person in this tread invest in FXunited... why ar??... so weird...

Yes im so naïve and foolish. U still butt hurt from your earlier mistake eh?

And I i did post on another thread (which u were on) that my investment in FX is only about 2% of my NAV. So i've gone in doing sufficient research to know that tis is probably a scam but there are chances it will not collapse before I regain my principle. But in the event it does, yes its money down the drain but will not have a significant impact on my finances. Good or bad, it's a lesson i'm willing to learn.

As I mentioned earlier, the purpose of this thread is NOT to encourage anybody to invest. I will keep the thread active until I regain my investment or I get burnt by it. Either way, I will be transparent about it.

And FYI, based on my first month returns, i've already regained 16-17% of my total investment. But u wouldn't want to believe that so please assume that im just lying.

someone so pity... no supporter in his own tread.

Hi,
I wanted to know more of this scheme as well and whether this is a legit business or not. I even wrote to Bank Negara to clarify on their status.
BNM replied is as shady as the company information such as owners or shareholders of FX. I don;t think there is any record as to who are the owners of this company.

I know a bunch of people investing in this and getting their returns since day 1 and that's about 12-18 months ago. A family of 4 investing about 100k and have a couple more downliners with another 100k, giving a monthly income of near RM18k a month to this family. Frankly none of them go to work anymore, even a 2 year old daughter getting 2k a month under her name but if they want to earn more than 18k they need to get more people on board. I guess there is no way to convince this family that this is a scam even if it is a scam.

If anyone is so sure that this is scam, go make a police report.

its what we call ponzi scheme. from sunshine to island red to mface to ufun to unesco to mmm to the this fxunited, all unreasonable high return. lighten up guys.