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 TriumphFX - TFXI

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BC3232
post Nov 9 2022, 02:35 PM

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QUOTE(MUM @ Nov 9 2022, 02:21 PM)
Other than that, they could probably be saying this too.

Don't worry. If you’re so worried, why did you invest in the first place? It is either you win or lose.
Please be patience and give them some time to sort out this problem for the benefits of your investment withdrawal experience and I personally believed that they will not run away with your money, as myself is still hv ××××$$ in it.
*
Spot on. : They use a failed man photo on page 67, if you have no confidence in them....

My guess is that they are buying time and transferring all the money out from Malaysia. Page 57 of the presentation slide

Ponzi is like a casino :
Sure some gamble won some money, but the majority of them will lose.

user posted image

This post has been edited by BC3232: Nov 9 2022, 02:40 PM
BC3232
post Nov 9 2022, 04:51 PM

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QUOTE(MUM @ Nov 9 2022, 04:24 PM)
Wow, 10 billion usd,...(it did not mention myr, i assumed it to be usd). And if the Web traffic info posted by previous forummers are true at 70%-75% of it are from Malaysia....

Good news for bnm.
More usd coming into malaysia eventually
Malaysua usd forex reserves will goes up.
Hopefully they won't suggest to mcmc to ban the connection to that site.
*
yes. 10B USD. That's why I assume they charge 0.001% (buy and sell), they are making USD 1M every 5 weeks. This amount of revenue, and such service provided ?!
BC3232
post Nov 10 2022, 08:45 AM

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QUOTE(SKL @ Nov 10 2022, 07:43 AM)
U just said possible but no solution. Talk is easy.
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Logically, those money is sitting with the clearinghouse / bank as collateral. I am not sure how the Forex Broker works, though.




BC3232
post Nov 10 2022, 10:14 AM

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The following is purely from a business point of view. I mean a LEGITIMATE business.

A legitimate business will offer different withdrawal methods. This is called flexibility. Customers can choose whichever withdrawal method they will prefer.





BC3232
post Nov 10 2022, 12:52 PM

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QUOTE(pcGeeK @ Nov 10 2022, 10:33 AM)
According to the IBs in my group, there's not enough USDT to buy from exchanges to support withdrawal.

Does this make sense?

But I thought USDT can be minted by Thether any time if there is not enough of it?
*


Got money or not? How much they are talking? Vist Coinbase site: Last 24 hours : MYR 690.5B Volume traded.
If shortage USDT, then USDT price will increase, although, it's a stablecoin. In fact, the price has dropped 1.7% for the last 7 days.

So not enuf USDT? There is 1 point that USDT is short in supply, about 3 months. After that everything back to normal since AUG.
BC3232
post Nov 10 2022, 05:00 PM

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QUOTE(Anythlng @ Nov 10 2022, 04:14 PM)
Of course I only know part of the story they show to the investors but not the behind story, at least I had seen the whole slide and listened to their explanation on this initiative. But unlike some of the people here, based on just a few slides they start to make stories and assumptions, try hard to showcase their knowledge/professionals/etc. I am not tfxi defender and there’s no obligation for me to take care of their reputation. As a investor for four years and since they never miss my profit withdrawal every cycle, I came here only to share my experience.

I just feel very funny since some of the assumptions made here is totally different story than what they are implementing. If this initiative can really help to ease the withdrawal process then why not? If this turn out to be bad then I will just quit, as simple as that. I just don’t understand why non-investors are so hyped up here.
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QUOTE(Anythlng @ Nov 9 2022, 11:59 AM)
Hahaha I hope Don and trail don’t come and do explanation to these circus monkey. We know what’s going on since we are inside the scheme, there’s no need to entertain these bunch of people here, just let them act smart and play their guessing game.

We are hyped since the broker is implementing an initiative trying to solve the withdrawal issue, i wonder why you guys who are not into the scheme get hyped as well. Just focus on when will it be collapselah but unfortunately it seems like still long way to go since they are going to launch this new initiative. Disappointed huh?
*
Using "circus monkey" = Sharing?




BC3232
post Nov 11 2022, 12:16 AM

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QUOTE(Newandold23 @ Nov 10 2022, 11:59 PM)
Don't forget we need to withdraw REAL money.  There are lots of people facing withdrawal issues over the past 5 months.  We have the Chinese investors, Indonesian investors and over the past 2 months, Malaysian investors, who all cannot withdraw and some cannot sleep.  For everyone of them TFXI sales people have some excuse why TFXI cannot pay them back.   Chinese government clampdown, stablecoin who can make unlimited USDT suddenly cannot for TFXI because of bullshit reason X, whatever.

Withdrawal issues are TriumphfX / TFXI problems.  They owe investor money.


www.triumphfx.com/about-us/legal-documents]Triumphfx Legal documents

You can check out the above link for:

1) Pillar 3 Disclosure and Market Discipline Report 2021 for TriumphFX, which the board of TriumphFX declares they only have 6 or 7 employees and hold near zero client assets.

2) Investor Compensation Fund.  By getting EU regulation, TriumphFX is forced to contribute to this Fund to protect investors.  Page 1 "Any compensation provided to clients by the Investor Compensation Fund shall not exceed EURO 20,000 or 90% of the covered investor's claim, whichever is lower. This applies to clients’ aggregate claims against the Company."


To owner to tfxi blog, please highlight investor compensation fund too. 

Don't settle for rubbish tokens and accidentally sign anything to your error/
*
Sorry, the MT4 is license under BVI. Red Flags has been shared earlier.
Cyprus, authorities cannot help you.





user posted image

This post has been edited by BC3232: Nov 11 2022, 12:20 AM
BC3232
post Nov 11 2022, 09:24 AM

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QUOTE(Newandold23 @ Nov 11 2022, 08:15 AM)
Singliforex by Hermes uses the same structure as MIB structures we have in Malaysia.  No difference.  Once caught, the scam mostly die in Singapore.
If police want to catch, it should be top of pyramid, not mid level sales that we know.  

When investors thinking about money game, potential sales uplines tell you how amazing TriumphFX is.  This experienced broker have best fund managers who are low profile.  Now, when money stuck and cannot withdraw, you tell us that we invested in tfxi.com   and nothing to do with TriumphFX.

I speak to many experienced Uncles they advice investors should try all angles.

www.trustpilot.com/review/www.triumphfx.com
cy.linkedin.com/company/triumphfx


Why restrict complain to tfxi?  If you see the investor desk and Q&A, TriumphFX and TFXI is the same.  They dream having hundred of employees.

Listen to sales pitch again (like broken record), Cyprus don’t allow fund management, Seychelles can.  Higher leverage.  It’s the same group la. They have the same directors and shareholders.   On LinkedIn, they use the same forex “awards” on display.  Same social media and support team? Don and Trail?  But they turn off instagram account for @triumphfxofficial because their 6 real employees are too busy issue tfx token.   May be try messaging the linkedin support team because it is less noisy there.  And Linkedin treats scam investments more serious than facebook.

If Blackrock give issues, there is no need to complain to specific entity like we are pro at business / corporate strcture.  Write to Blackrock Singapore, Blackrock Hong Kong or whatever.  100% sure Blackrock won’t come up with Blackrock token if any delay in withdrawal.
*
Mate. I understand your frustration. It's what it is. If your upline is so confident with TFXI, ask them to buyout your investment, and you offer a 10% discount. They can get their withdrawal back in 1 hour ma...so in 1 hour they earn 10%, better than TFXI fund.....
RISK FREE !!!!!

This post has been edited by BC3232: Nov 11 2022, 09:32 AM
BC3232
post Nov 11 2022, 02:18 PM

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QUOTE(gashout @ Nov 11 2022, 01:24 PM)
Proven?

Doesn't make sense.

It seems to suggest those trading are by chance. Lucky then cabut profit. If not loss. But so coincident, always for 80% win rate.

Normal traders specify a specific trend then bet on it and put a stop loss and let winners win. To say close position at 1% up or down doesn't make sense.

Rather have a few good solid trades than many trades registering up down 1%.

Like this. Anyone can do it then. Why need traders to do for you.

Explain that scenario to your friends in finance or even normal people, see it makes sense or not
*
Official Reply: Your assumption only. Haters do not know how to trade. It's easy to earn X% in forex trade. The MT5 that they shared, Nichola portfolio over 1 year of more than 30 trades, 0 loses. Because they are professional mah.
I think its time for me to share the EOB red flags now...........

https://www.myfxbook.com/members/EOB_Corpor...oration/5927745

The above link is for EOB......

If you spend some time doing the due diligence check.......

1) The equity that uses VantageFX to trade is only USD 16,916.22. The fund size is pathetic. I think individual trading account can be more than that.

2) The account with Goldex. PLEASE TAKE NOTE : THIS GOLDEX is not THE GOLDEX Invesemnt Group which is based in UK.
The account is with Goldex Group, which is based in HK. The interesting part is this GOLDEX in HK, is for GOLD TRADING!!!!
So a FOREX FM open account with a gold trading broker to do FOREX trade?
TO MAKE IT WORST : Please visit to their homepage if you know how to read Chinese. They stopped using MT4/MT5 in the year 2017.
How to trade then?





BC3232
post Nov 12 2022, 09:21 AM

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QUOTE(Newandold23 @ Nov 11 2022, 07:47 PM)
user posted image

I am not dreaming.  The TriumphFX instagram account is turned off.  @triumphfxofficial Now, we have new competitor page like triumphfx indonesia with very few followers popping up.

Can someone share the full deck for the TFX token please?  I want to subscribe if there is an ICO.  5 time return sounds good.  For the biggest TFX token launch in 2022, it's been very quiet.

Also, a friend of mine got paid back 50% for withdrawal.  How does that happen?  She posted her complaint on Trustpilot and got paid back 50%.   

Whats the logic of being paid back half?
*
It seems your IB is not doing his/her job. This is the flaw when anyone can become IB amd sell you something that he doesn't ubderstand.


The reason given: If tansfer too many in short time will trigger authority attwntion!!!


BC3232
post Nov 12 2022, 11:15 AM

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QUOTE(TheLegend27 @ Nov 12 2022, 11:05 AM)
until now the withdrawal issue yet to resolve. i also can see some started to dump their TFXUSD via p2p below USD value in big amount. then at this rate of development, touchwood if tfx collapse, and i foresee those victim that buy cheap usd via p2p might lodge report against the seller for selling them tfxusd. though willing buyer willing seller, but still sometimes victim just wanna claim their money back when they desperate.
*

why dump , ask the IB to take it all, you just need ffer 2 cycles profit to IB, which is 15% only. They can earn 15% in 1 hour (as per the presentaion). Even it took 2 wweks the return is still better then investing in TFXI.
Story being told is the IB quits thier job, and earning 20 to 30k per month, and it has lasted for 7 years.

Those IB sure can put in some money to clam investors down.
BC3232
post Nov 12 2022, 11:28 AM

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QUOTE(TheLegend27 @ Nov 12 2022, 11:19 AM)
well IB not coming here do charity. calm investor at own expenses meh?
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if you dont like me to use the words...dump....then

is a investment oppirtunity. I have been educated by this poat, need to manage risk, so is a risk Free investment. 10% to 15% retun in 1 hour.

There is no risk

1) They have invested for years, so is genuine
2) TFXI said they will back it with USDT.

I dont see any risk at all woh...

The following is a simple calulations :

Assume he willing to invest 100k (sup sup water, since earning 20 to 30k monrhly for 5 to 7 years)


1 hour earn 10%, so the amout increased more than 2 folds daily . and IB did that for 7 days ( can be easily more than that, since they got 10B USD fund). so 100000 becone 10 million in 7 days.



This post has been edited by BC3232: Nov 12 2022, 11:50 AM
BC3232
post Nov 12 2022, 03:44 PM

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You still failed to answer, why all this hassle?

P/S : When you are in holiday, is all rational discussion.
BC3232
post Nov 13 2022, 01:04 PM

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QUOTE(vanguish @ Nov 13 2022, 09:23 AM)
sorry i didn't read through all the pages, only last few pages.

They already doing that earlier, all this while as I was told more than 90% of the withdrawals is already been processed via P2P, profits and withdrawals selling to new investors not coming from actual USD. All these while the system been functioning like internal circulation USD only.

"Value will drop ÷10??.I thought there was a mention in a chart earlier of projected rise to 5USD?", this must be a joke of the year.

I highly doubt the value will even stay at 1:1 after people realize what the actual meaning of conversion to TRX means.

Supply: will increase by 10% (comm+profits) every month due to good performance FMs.

Demand: only internally use for TF investment.

A crypto whereby the supply will increase exponentially and limited adoptability, more likely to go /10 after few months rather than $5 la.

** i just got a text from my friend after they read my comment. He said i got the idea wrong. **
** correction **

** TRX is for withdrawal, means all withdrawals now will be either in TRX of you can sell to new member like current P2P system. The system will not force convert from USD to TRX. All will be still display as USD as currently, but the deposit method will be limited to "Buying USD from other ppl via P2P" or with in TRX crypto. All other deposit method will be disabled, only can deposit via old USD in the system or TRX (as mentioned earlier in the thread). He said the quantity of TRX will not increase because the system, did not convert into TRX, it's still display as USD points. he said the company will mint only 10B TRX, the company will be holding it and use to pay those that cant sell their USD to new victims by TRX.

So the TRX crypto will be a instrument used to facilitate global p2p. currently the p2p is taking place among individual group with their upline. With the implementation of TRX, now the P2P is globalize and can take place from any member to any member.

Company rich, no need process withdrawal anymore.
*
Please ask your friends: Why other brokers do not offer such withdrawal method?
BC3232
post Nov 13 2022, 01:24 PM

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15. IF they cannot find buyer on TMP, you can sell your TFX coin back to TFXI with 1tfxi coin based on 1 TFX = 1USDT.
(ON FIRST 10 MILLION COINS DAILY AT TIME 00:00)


FLAW ::: If you are the seller, why would you sell lower than 1 TX = 1USDT since the company is buying back your coins daily? so there is no chance that the coins be traded lower that 1TFX = 1 USDT.
Besides, this doesn't explain the withdrawal delay, since the company can pay investor back with USDT.

Reputation / Branding is the most valuable intangible asset available to a company. Why damage your brand, because by the end of the day they are willing to pay investor back with USDT!!!!!!!

This post has been edited by BC3232: Nov 13 2022, 01:34 PM
BC3232
post Nov 13 2022, 05:44 PM

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QUOTE(gashout @ Nov 13 2022, 05:25 PM)
why EPF don't invest in them?

like they are the best!

then all malaysians will be rich with such smart traders platform.
*
Imagine if EPF invested, we are now thinking on which country we want to buy!!!!!
BC3232
post Nov 13 2022, 05:57 PM

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QUOTE(vanguish @ Nov 13 2022, 05:45 PM)
The fact that they take such a effort to build a global P2P system means the Ponzi already game over.

If it's not game over, there is no need for such P2P platform. They would have just simply added USDT payment gateway if they had the money. USDT has no limit, if they impose a fees of 1% to the withdrawals, there is millions dollar of profit monthly already.

If it's already in Cryto, why limit to USD10M a day. Right now, even LP can settle in USDT. If the FM earning and the $10B is in LP, there is no need for such hassle.

I have heard so many platform delay withdrawals using this reason and then bust after conversion. The lastest one happen just weeks ago is the big casino, move all RM accounts to USDT and burst without single payout.

I have a lot of friends in this scheme TFX, they wouldnt listen & believe the fact that this a Ponzi and right now it's burst even clear symptoms is displayed.

Just for fun today, I won't me posting any comment anymore.
*
In fact, USDT withdrawal option is available. The reason given is there is a shortage of USDT!!!!
BC3232
post Nov 14 2022, 12:52 PM

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QUOTE(TheLegend27 @ Nov 14 2022, 12:06 PM)
good things is now everyone selling at market rate (4.6).
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There is no chance the coin will below the market value if the company promise to collect it all back at 1coin = 1 USDT.

Who is willing to lose few percent when you will get back your full value at 00.00 UTC ?
BC3232
post Nov 16 2022, 02:37 PM

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QUOTE(MUM @ Nov 16 2022, 01:55 PM)
my just kaypoh concern and fear for them is,...

What happens AFTER they got back their capital and the fund keeps on giving 7% ROI every 5 weeks for another 10 months or so?
Will they curse themselves for having taken out their capital earlier as their capital would have double by then if had it not taken out earlier?.
if that consistent returns keep happening for another few months,...will they dump back their capital and perhaps added more into it then?
if it keeps on getting the same results for another few months,...will they tell their friends and family members about his new found golden goose?

well just my kaypoh concern....
*
Common tactics: FOMO (fear on missing out).

That's the reason why you never heard people get rich by investing in ponzi. Those who earns are by recruiting new joiners !!!! And good luck to those recruiters. Those victims will curse he/she daily until they took their last breath!!!!
BC3232
post Nov 16 2022, 07:47 PM

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QUOTE(LiQuID2 @ Nov 16 2022, 05:20 PM)
Yes that depends on how u think of it. If its your comfortable amount to lose then its ok.
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Mate, trust me. I knew alot victims have similar mindset.

Common thinking : I take out all my capital and let it roll,。

Eventually, after 2 - 3 times withdrawals, they will start to believe this is genuine. They will put back the initisal capital or more.




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