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vii. Licensing & Regulators
- Scams brokers usually either they DO NOT have Regulators, or just merely REGISTERED by 1 single entity. Heck, some brokers even claim they're regulated by this and that but when you go to the regulators official site, you can't seem to see any name of the broker there. So again, due diligence in important.
- Next is to identify what TIER of Licensing & Regulators they're regulated. FCA, CySEC, BaFIN, NFA, Finma, ASIC are a few TOP TIER Licenses. Ignore the LowYat Clowns claiming CySEC is shit. Do your due diligence & you'll find out CySEC is TOP TIER Licenses.
Most scam brokers they don't have top tier licenses as it is very difficult to obtain.

In TFXI, we have CySEC & Seychelles Regulators. Seychelles isn't Top Tier but still a reputable Tier-3 regulator. Some may say Fund Management of TFXI has nothing related with CySEC which is practically true. But you can say the same thing for TOP TIER brokers such as Pepperstone/Etoro/Plus500. All these brokers have CySEC, Seychelles, ASIC and other entities.

The true reason why brokers have so many regulators is to cater for different regions & operations. Usually offshore regulators such as BVI/Seychelles regulators cater for those who wants to trade with high leverages. As TFXI FM needs high leverages for their trades, TFXI opt for Seychelles as an entity.

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The true reason why brokers have so many regulators is to cater for different regions & operations. Usually offshore regulators such as BVI/Seychelles regulators cater for those who wants to trade with high leverages. As TFXI FM needs high leverages for their trades, TFXI opt for Seychelles as an entity.

Read last paragraph

Yes. Same same lah tfxi is short form lah

Triumphfx , the parent co is licensed by Cysec , deals with retail brokerage .. Triumph Int.SC Limited ( short form , Tfxi ) is licensed by FSA Seychelles  & into fund management
Log in Triumpfx.com. Partnership . Introducing broker
https://www.triumphfx.com/partnership/introducing-broker

TopGlove is a real company. You know who is the CEO and their business, which is very real. Not a faceless company in some pirate island. Top Glove fall is inevitable if you understand the market, the pandemic and economy. But people who goes for scam money game always tries to make illogical justification their game is an "investment" in a similar fashion. Cringy as hell.

It's so typical of scammers to always use big name companies to compare as though they can actually be compared.     

Topkek. Work so hard in this thread everyday post gazillion posts.

Some people say earning more than Warren Buffet = Too Good To Be True
Now Bank Rakyat gives almost same % as Berkshire Hathaway = Does it mean Bank Rakyat is almost Too Good To Be True?   

Don't compare PBB Mutual/Unit Trust with Bank Stock Trading.
I might be wrong do correct me if I am. What I know is that most PBB Mutual/Unit Trust investments goes into a certain asset class & leave it there for it to grow. In other words, going long on the investment. There is very less to no trading activity (go in & go out) for short-run.

Unlike bank stock trading, they have FMs that go in & out (trading activity). Hence generating profit higher. However, stock trading generally gives lesser profit/loss & lesser risk compared to Forex or Crypto due to lesser leverages.

All being said, we still haven't consider the part where the Bank Agents/Mutual Fund Agents override your investments even before it is traded/placed in the asset.
Eg: You Invest 10K, probably RM500 already taken as commission for the agents. Which makes you down about -5% even without commencing the investment.

so pity her.