[Triumphfx is based in Cyprus, so they have licence from Cysec which is the top 5 regulators and high tiered in the world. This is needed to tap the market in Europe for website of triumphfx.com for retail forex trading with leverage of 1:30 because the law in Europe the highest leverage is that. Link as below
www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/77453/
hwww.triumphfx.com/about-us/licensing
Other latest licence is from Seyschelles FSA for tfxi.com for their professional retail traders and fund managers with IB programs with leverage of 1:500. And target market is for retail trading forex with 1:500 for professional retail traders and for Fund Management. The website for this is tfxi.sc and tfxi.com
Triumphfx is more than 10 Yrs old and is licensed and regulated by a top 10 regulator in the world.
Triumphfx is NOT the only broker that does not accept certain countries to open accounts like USA. Other legit brokers also does the same. This is because the are limited due to the local or international governing laws and procedures of those countries.
When a broker is legit, have licence, that is when external scammer eg imposters and internal scammers come in to pretend to be Triumphfx to scam people.
Same thing happened with OCTAFX, binance and huobi..people use reputable platform name to scam people. Victims with NO financial knowledge and confidence on understanding the investment landscape and no skills on the Correct way how to do due dilligence are The ones who got easily scammed as they have no idea and know the difference between the real legit one to an imposter.
Reviews based in behindmlm is biased review of a guy who Knows NOTHING about forex world. He is a MLM guy!!! Not even a forex retail trader or a forex fund management investor.
And his review is based on the imposter in Singapore hermes Leong with website address of tfxglobal. Com which has Nothing to do with Triumphfx.
Please watch this website by triumphfx warning about imposters.other latest imposters are as list below:
dehuifx.net
triumphifx.com
metafxtrade.com
atlasfxmarkets.com
Tfxglobal.com
youtu.be/CxOo4m8KXik
TRIUMPHFX has NO issues in withdrawal. So many investors including me have withdrawn millions of dollars. Otherwise they have not survived since 2009. Their withdrawal amount is Higher than profits.. How is a scammer able to pay out when deposits is less than withdrawal? Because they are able to pay based on consistent profits the fund managers made for investors
I myself has invested for 6yrs.. No scam can last more than 5 yrs..Most people cannot believe how can we get profits consistently as an Investor.. I was there too..but I choose to learn from a good financial mentor and he taught me and me understand to get my financial confidence.
In Malaysia and most countries, we are only exposed to equity market investment.. In this market it is impossible to get average returns of 7% average. Which is true.. Because the votality or the speed of The market is like BMW speed. Whereas in currency market, the speed is like F1 car.. As a professional retail trader they can even make 7% in one day... But majority of retail traders 95% will lose as they don't have the skill and knowledge like a professional fund managers.
And in both currency and equity market, have 2 types retail trading and professional fund managers.
Under professional fund management or mutual funds, have 2 types nature of investments. One is dividend based n The other is compound base.
Dividend based has a KPI, consistent, has capital. Preservation strategy, predictable, not sensitive to market condition and no need to monitor.like Triumphfx in currency market and EPF and ASB in equity market. Low risk low return.
So Triumphfx is like ASB/EPF F1 version.Whereas the compound based is The oposite which is high risk high return and high losses like Avatrade, vesbolt in currency market and public mutual funds and cimb mutual funds in equity market.
They are 13 red flags that I teach investors on how to identify legit investments vs scammers. And Triumphfx has none of them.2 of the 13 red flags as below
1.Not licenced in any regulatory bodies or licenced by cheap licenses. They are many tiers or licenses. cheap license is like Vanuatu. That is why Triumphfx upgraded to FSA Seychelles and took them 2 years to get it.
2. Investment or company is less than 5 yrs old. Any successful business should survive more than 5 Yrs old to deem it to have sustainable business. Triumphfx is more than 11 yrs since 2009.
3. NO separation of broker and fund managers. In Triumphfx it is separate relationship.
There are other 10 more list that I could write. If you want to know more how to do correct way of due dilligence and identify scammers. Please connect with me at LinkedIn Liez Pucher.
LOTS of unreliable recovery companies gives bad reviews to legit brokers. Please understand the recovery companies can be scammers themselves as they will ask for high deposits of % of what you want to recover from the broker. And you will not be 100% u will recover your money back. If you get scammed by unlicensed scammer, your money 100%.gone.
There is No short cut to Financial Freedom. To avoid being manipulate and scammed, you must get your financial confidence first. VERY IMPORTANT to understand the investment landscape and how to do due dilligence.
Please use the correct channel if you have problems with the a licensed legit brokers. First contact and write to the brokers, if they unable to solve it. Please contact the regulators that are governing the brokers. And the regulators will be the intermediary for you to solve the problems with broker.
This investment has changed lots of people.'s life including my life.
Please do not use fear based on yours or others past experiences stop you from learning and understanding the real truth.
www.linkedin.com/posts/liezpucher_dividend-investment-pandemic-activity-6907494942655049728-x7xE?utm_source=share&utm_medium=member_android
QUOTE
Today I MADE 8.082% profits in 5 weeks!! Yippee!!
When the war happened between Ukraine and Russia, some of the new investors that I mentored had their concerns with their Investments.
And I teach them the difference between #dividend based vs compound based investments.
Compound based #investment have NO capital preservation strategies, the capital and profits will always be at High Risk losing to the market as they are sensitive to market conditions. It is not consistent and not predictable and therefore, however Good my Certified Financial Planner, he or she is not able to help me any kind of financial planning.
It needs constant monitoring, injecting more funds to do dollar cost Average and to do debalancing of funds. Meaning need to always have eyes on it and stress out.
On the other hand, Dividend based investment DO have capital preservation as they are NOT sensitive to market conditions. It is consistent, predictable and therefore even a housewife like me can do my own strategic short, medium and long term planning as I know how much I will make in average next month, next year or next 10 years.
I don't need to monitor and be stressed out fearing that I will loose my capital. This gives me time and freedom to relax, go massage, have coffee, and take care of family without fear.
Despite all the fears the effect of war has on the market. My Currency Mutual Funds ( CMF) still PERFORMS so well on this cycle and gave me 8.082% from my capital. One cycle is 5 weeks. In one year my CMF, there are 10 dividends pay outs. Their average KPI is 7% every 5 weeks.
Same things happened when #pandemic hits in March 2020 , all my other compound based investments suffered. But my CMF performed consistently and saved my family 's investment.
This sets them apart because they are Currency Mutual Fund Dividend Based investment.
Whereas, my compound based equiity mutual funds managed by my CFP in Malaysia dropped between 30% to 50% which we have to practice monitoring and Dollar cost Average and debalancing of the funds.
I have used my #profits dividends in my CMF to diversify and test and learn how invest other higher risk investments like in stock market and crypto. Even if I loss the values of my investments here which I did since the last 5 months, I would not panic because it is Not my own CAPITAL.It is my from my dividends I made from CMF.
And I call this as education fund as I learn how to be an investor in higher risk investments. I have enough cash flow from my CMF and start buying cheap cryptos and stocks. It is awesome to be in my position.
And the best part investing in Dividend based CMF, I can #investments contribute back to the community on a monthly basis from my CMF. This is what we call sustainability... I CAN sustain myself, my family and my community.
So, if you want to learn how to sustainable investments strategies that I have,.please don't be shy to reach out to me. KNOWLEDGE IS FREE!
https://wa.link/The funny things.. Lots of companies scammers open office in Malaysia.. To make Malaysian feel safe it has an office.. Claim to have licence and even use words like syariah compliant to scam Muslim investors.. Use flashy cars and flashy events.. Trust without checking.. Then kena scam...