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 Forex Version 19, Foreign Exchange Market Discussion

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SUSAllnGap
post Nov 18 2016, 01:44 PM

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QUOTE(jack2 @ Nov 18 2016, 01:38 PM)
Because it is handled by local depositors to withdraw your funds...

why u joined such broker de? hahaha

i believe it is handled by 1 person only

Live chat = no people
email = never reply
*
LEL, what u expect from a place where ur deposit is more than broker's security deposit

u confirm their trade no play chicken ?
that vladimir guy so geng ?
SUSAllnGap
post Nov 18 2016, 01:52 PM

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QUOTE(brianw87 @ Nov 18 2016, 02:50 AM)
Well igofx indeed has a super PAMM that can generate 10-20% monthly per month since 2014. A lot of people have withdrawn through local depositor method and nobody complains so far. If really worry can do withdraw from time to time.
*
http://igofx.com/

their so called address in England is a virtual office (shared address office service), and got plenty of scammer companies registered there

20-22, Wenlock Road, London, N1 7GU, England.


https://www.gov.uk/government/news/high-cou...nto-liquidation

The Court heard that all bar one of the companies were incorporated by the same formation agent, a Jade Evans (who has not been located), and her company, ABN Company Formations Ltd (now dissolved). The Court also heard that over 50 other companies had been formed by Jade Evans and utilised as part of an extensive network of companies engaged in systematic fraud.

The investigation showed how the six companies before the Court had common features such as inexplicable and dramatic increases in their share capital, the appointment of fictitious officers, identity theft, the filing of false accounts reporting significant assets and trading, providing one another with favourable trade references, ordering goods whatever the price quoted by the supplier, creating websites with content usually taken from other genuine sites, all to give the impression of a bona fide business. The companies nevertheless had no presence at their registered offices.

The companies targeted building trade suppliers, depriving them of more than £300,000 of goods comprising cable and other electrical goods, steel and reinforcing rods, ceramic tiles, paint, flooring, artificial grass and computer and office supplies.

The goods fraudulently obtained were delivered to common addresses, one in Milton Keynes and two in Essex.

Welcoming the Court’s winding up decisions, Chris Mayhew, Company Investigations Supervisor at the Insolvency Service, said:

This post has been edited by AllnGap: Nov 18 2016, 01:53 PM
cmk96
post Nov 18 2016, 02:00 PM

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QUOTE(jack2 @ Nov 18 2016, 01:38 PM)
Because it is handled by local depositors to withdraw your funds...

why u joined such broker de? hahaha

i believe it is handled by 1 person only

Live chat = no people
email = never reply
*
I join coz i want to see the how much their PAMM are making each month.... biggrin.gif

But their withdrawal was fast... can get on the same day... thumbup.gif


jack2
post Nov 18 2016, 02:00 PM

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QUOTE(AllnGap @ Nov 18 2016, 01:44 PM)
LEL, what u expect from a place where ur deposit is more than broker's security deposit

u confirm their trade no play chicken ?
that vladimir guy so geng ?
*
Ya
jack2
post Nov 18 2016, 02:01 PM

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QUOTE(cmk96 @ Nov 18 2016, 02:00 PM)
I join coz i want to see the how much their PAMM are making each month....  biggrin.gif

But their withdrawal was fast... can get on the same day...  thumbup.gif
*
Told u join my project
SUSAllnGap
post Nov 18 2016, 02:08 PM

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QUOTE(jack2 @ Nov 18 2016, 02:00 PM)
Ya
*
u smart ah...pay usd100 get free signal biggrin.gif
brianw87
post Nov 18 2016, 03:53 PM

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QUOTE(AllnGap @ Nov 18 2016, 01:44 PM)
LEL, what u expect from a place where ur deposit is more than broker's security deposit

u confirm their trade no play chicken ?
that vladimir guy so geng ?
*
If you wanna find out, go join by your own and validate by yourself. Put $100 usd then you can see real trade or not.

I just know I rather park my extra money here than in FD or mutual fund which gives less than 5% ANNUALLY. This PAMM can generate positive return average 10-20% MONTHLY. It's a no brainer clear choice.
jack2
post Nov 18 2016, 03:54 PM

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QUOTE(cmk96 @ Nov 18 2016, 02:00 PM)
I join coz i want to see the how much their PAMM are making each month....  biggrin.gif

But their withdrawal was fast... can get on the same day...  thumbup.gif
*
QUOTE(AllnGap @ Nov 18 2016, 02:08 PM)
u smart ah...pay usd100 get free signal  biggrin.gif
*
You all plan to form a team and do this business???
SUSAllnGap
post Nov 18 2016, 04:53 PM

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QUOTE(jack2 @ Nov 18 2016, 03:54 PM)
You all plan to form a team and do this business???
*
i wanna create a trader's room.

just share what we have to reduce our workload.

i very sien have to analyze 10 pairs daily.
ArthurMickey
post Nov 18 2016, 08:01 PM

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Hi Guys, I'm totally new in forex. Hope sifus here can give me some simple information. I just wanted to know which site should i refer for beginner?
kevler
post Nov 18 2016, 10:43 PM

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QUOTE(sharpshooter85 @ Nov 18 2016, 01:23 PM)
Great to see another BBMA Oma Ally user here too biggrin.gif
*
thanks bro

anyway ..i'm back at the top spot for this month .



http://www.forexfactory.com/trades.php


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Johnhun
post Nov 18 2016, 11:00 PM

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QUOTE(ArthurMickey @ Nov 18 2016, 08:01 PM)
Hi Guys, I'm totally new in forex. Hope sifus here can give me some simple information. I just wanted to know which site should i refer for beginner?
*
babypips

cybermaster98
post Nov 19 2016, 12:03 AM

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Guys, i've invested in:

1) USD3K in Pip Hijau (autotrading) - ive made a return of 20% in 13 days of trading (including commissions)
2) USD2K in Uspexx (PAMM) on Alpari - just went in 3 days ago - so far about 6% return

My questions:

1) What's your advice re both my investments above?
2) Is there any other PAMM type investments I can make with the big regulated brokers? If so which one?

Thanks!

brianw87
post Nov 19 2016, 06:07 AM

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QUOTE(AllnGap @ Nov 18 2016, 01:44 PM)
LEL, what u expect from a place where ur deposit is more than broker's security deposit

u confirm their trade no play chicken ?
that vladimir guy so geng ?
*
Just got news today, igofx has received regulation from FCA. Will have official update on Dec
SUSAllnGap
post Nov 19 2016, 07:32 AM

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QUOTE(brianw87 @ Nov 19 2016, 06:07 AM)
Just got news today, igofx has received regulation from FCA. Will have official update on Dec
*
i've presented my case why IgoFX is not a reliable broker, it's your money after all. cheers

dont blame anyone when u cannot withdraw your money
cybermaster98
post Nov 19 2016, 07:40 AM

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QUOTE(brianw87 @ Nov 19 2016, 06:07 AM)
Just got news today, igofx has received regulation from FCA. Will have official update on Dec
1 person said they are in the process of getting FCA UK approval. You say already got. So which is which I wonder? biggrin.gif

But 1 thing I know is that FCA UK will not grant approval when the company licence is from a place like Vanuatu.

Anyway, lets see.

Why don't u just invest in a more reliable broker like Pip Hijau or Alpari?
SUSAllnGap
post Nov 19 2016, 08:31 AM

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QUOTE(cybermaster98 @ Nov 19 2016, 12:03 AM)
Guys, i've invested in:

1) USD3K in Pip Hijau (autotrading) - ive made a return of 20% in 13 days of trading (including commissions)
2) USD2K in Uspexx (PAMM) on Alpari - just went in 3 days ago - so far about 6% return

My questions:

1) What's your advice re both my investments above?
2) Is there any other PAMM type investments I can make with the big regulated brokers? If so which one?

Thanks!
*
i'm gonna list down what criteria to check. u do the homework yourself.

It's about client protection level.
a forex broker can be 2k USD security deposit broker with no actual office and no audit, no segregated accounts, lax regulation, registered at some place called vanuatu, lousy support OR
a big corporation(even listed company) with hundreds of millions of assets with real offices across a few countries, audit, segregated account, strict regulation............


1. by assets size
find their reported assets, some are even listed companies like FXCM, OANDA

2. FOREX FINANCIAL license registration (https://www.100forexbrokers.com/fsa-regulated-brokers)
a. financial regulation by which countries,
some countries are very tight, audit, segregated account company with clients, (if bankrupt, liquidator cannot claim clients' money etc). like in US, owner sent to jail for defrauding customer
while some like Vanuatu is very lax. with less than 10k usd can register as broker. no audit, whatsoever.
great for scammer or whatever money game setup. owner and CEO wont go to jail.
usually the fishy ones love those lax regulation

b. how many countries are they registered at
oanda is registered at 6 countries like canada, US, England, singapore, australia, japan.

3. types of broker (main or white label)
some are just white label of the bigger forex broker. (white label is when u apply large volume transactions or large deposits in millions of USD), open another channel with big brokers (they dunt have to setup like normal big corporation forex broker.)
you will end up paying more commissions and again the client protection level is much lower

4. broker commissions structure. (if possible get them)
this is where u see the most fishy part. some "fishy brokers" offers up to 5times the normal market rate.
real brokers compete throught competitive spreads. if higher spreads means higher trading costs. multiply that over long period of time your profits will get eaten up. so real traders will avoid high spreads by default

money games brokers usually offers very high deposit bonus, high trading bonus for their introducer up to 5 to 10 times more.
the commission structure is exactly like pyramid schemes with 3layers of overriding.

even if the broker is legit, the broker will have to jack up your trading costs to cover it. end result is u get ripped off

5. currency spread (advertised vs real)
this u got to test it yourself. refer to point 4 & 6

6. trading side (this can be 5pages long)
- connection timed out, trade context is busy, go in at this price, but orders away by 3pips +spread (same goes to stop loss), sudden change of leverage prior to big announcement (if earlier sent u email for notification is ok)

7. audit
since they are regulated, they have audit. some are even listed companies, so undergo audit like KPMG

8. business address
- cross check with google, not some fishy virtual office share same address shared with a few more hundreds business registration. (a sign where u have more asset than your broker does)

9. bank in method
if go through local "agents" a big fucking NO !! why ??
if i own the company, how would i know my agents will sapu my clients money, runaway, clients sue me, cause bad reputation ??

10. helpline / technical support
check their response time. call them up. 24/7 5days a week

11. test with small amount before u go big amount
at least u know how they operate

This post has been edited by AllnGap: Nov 19 2016, 08:41 AM
SUSAllnGap
post Nov 19 2016, 09:01 AM

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QUOTE(brianw87 @ Nov 19 2016, 06:07 AM)
Just got news today, igofx has received regulation from FCA. Will have official update on Dec
*
here i give u biggest evidences of all time.
all the visitors of IGOFX all originate from malaysia and singapore only.
dont u feel fishy the broker only do business in these 2 countries ??

go see yourself igofx.com.hypestat.com


user posted image




this is oanda. listed company from US. 6 real forex license from 6 first world countries

user posted image

This post has been edited by AllnGap: Nov 19 2016, 09:07 AM
cybermaster98
post Nov 19 2016, 09:20 AM

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How do I check traffic for Pip Hijau and Alpari?
SUSAllnGap
post Nov 19 2016, 09:23 AM

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QUOTE(cybermaster98 @ Nov 19 2016, 09:20 AM)
How do I check traffic for Pip Hijau and Alpari?
*
go hypestat.com

enter the main website like do google search.

who's the broker for pip hijau may i ask ??
the more truth i vomit out the more enemies i have here. LOL biggrin.gif

looks like better to let ppl learn through the hard way

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