yvonne?

come, i teach u basic forex for free. coz its freaking all over in the internet!

unless they teach u some techniques or indicators, that different story

Owen

always avoid FX related 'schemes' or 'training'

Obviously Scam.. I have deposit 1000 USD in Olympus Fx since 2015.. Withdrawal took more than 2 months.. The balance 600 USD are unable to withdrawal back.. Some more, they often migrate account. And right now, my ID is shown other people name???!!! My Balance Gone!

I have contact them to look into my case, but they ignore.. My friends also involved and face the same issue like me..

At first, they will convince you, trade in forex, they will give tips.. pls don't believe them, their tips is a trap, sure hit SL, they will give a lots of excuse..

Datuk ?! Pui... Cheat all our money!

all fx are like dis, all scams, u deposit ledi, wan withdraw dat time will giv u tons of excuses

agree.
Say NO to KB Group or KB Wealth or KB XXX

Got insta, but i know her since primary school.

Her family i think not bad one.. but now with forex..earn 99...

kalau begitu senang nak kaya forex dia sendiri pergi invest lah kenapa nak ajar kamu?

tentu dia punya investment lebih lumayan pendapatan daripada yuran kamu kalau dia memang hebat kan?

Hello guys,

I got the same approach from a friend couple weeks ago, and I asked the same question to myself like all of you did above.

I went on and dive deeper into the search, and actually emailed the regulatory body of St. Vincent and the Grenadines. Please note that to be VERY VERY careful about this group/company promoting their product/services.

There are many many more forex brokerage companies out there in bigger name countries such as US, UK, Australia, Switzerland, etc etc. Funny islands like that are usually used for Ponzi Scheme/MLM.

But of course, you can still make some money provided you can find some naive people out there (mostly young kids I see), and not being caught (YET) by the government.


Below please find the reply I got from the regulator:-

Dear Mr. XXX,

Please be advised that Olympus Financial Group Limited is registered as an International Business Company with the Financial Services Authority. Please be further advised that if Olympus is involved in forex or brokerage activities, it is not being regulated by the Authority.

No Forex or brokerage licence has been issued to Olympus Financial Group Limited or any other IBC incorporated in SVG, as no such licence exist in this jurisdiction, as such the entity is not being regulated in relation to its activities as it relates to forex trading or brokerage.

The St. Vincent and the Grenadines Financial Services Authority (FSA) does not ‘Regulate, Monitor or Supervise” International Business Companies (IBCs) which engage in FOREX Trading or Brokerage. The extent of supervision of IBCs goes no further than to ensure that IBCs comply with their obligations under the International Business Companies (Amendment and Consolidation) Act.


An IBC incorporated in SVG is authorised to engage in any business activity without additional approval from the FSA, except where its proposed business activity amounts to banking, insurance or mutual fund business, as these activities are licensed activities.

As such, an IBC which chooses to be involved in forex brokerage services will not be regulated by the Financial Services Authority or any other regulatory authority in St. Vincent and the Grenadines. Of note please also be advised that any person who invests with an IBC which engages in brokerage business is doing so at their own risk.



This post has been edited by junggleman: Jul 30 2018, 05:46 PM

Now u know la what kind of friend will recommend you go invest in this

have that scammer ah beng face..

kawan sejati liao veli good

veli hard nak cari kawan macam tu, susah sama2 senang pun sama2

Not these mlm photoshooting again.

this is a short cut to failure... not success