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 TriumphFX - TFXI

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wgpictures
post May 12 2022, 11:13 AM

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QUOTE(eelkcaj @ May 7 2022, 12:53 AM)
No wonder your are so sure about how ponzi works....You have a friend of yours using that to get rich. 
Are you a lawyer? Just curious.
I like reading your replies, btw.
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Not a friend of mine la, I wouldn't wanna associate that. More like a family friend.
No I am not a lawyer, took up LLB briefly once, but gave it up almost half way. That's all.
wgpictures
post May 12 2022, 11:15 AM

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QUOTE(barca96 @ May 12 2022, 12:28 AM)
Hi, a friend asked me to help register my name only for UnitedFX or TriumphFX. One of these 2. I don't need to put money in. Just register as a member to help my friend achieve target or something.

Will I get into trouble should anything happen to that company (even if I didn't put in any money)?
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Why let anyone register your name for anything that does not benefit you? I am curious. I wouldn't. Sure, want to use my name, just give me 500k cash upfront.

SUSDaprind
post May 12 2022, 12:02 PM

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Yes, I can pledge this is a scam. Currently attached to one of their portfolio called AMG Capital for a year now. Payday is coming on next Monday. Out of the blue, they just informed us we have gained 6.63% from 0.660% just by trading twice from mid of last month.
barca96
post May 12 2022, 02:09 PM

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QUOTE(Daprind @ May 12 2022, 12:02 PM)
Yes, I can pledge this is a scam. Currently attached to one of their portfolio called AMG Capital for a year now. Payday is coming on next Monday. Out of the blue, they just informed us we have gained 6.63% from 0.660% just by trading twice from mid of last month.
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yes this is their name.
what strange is how come a supposedly superb investment company doesn't even have a proper website and office.
Davidtcf
post May 12 2022, 03:47 PM

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QUOTE(Daprind @ May 12 2022, 12:02 PM)
Yes, I can pledge this is a scam. Currently attached to one of their portfolio called AMG Capital for a year now. Payday is coming on next Monday. Out of the blue, they just informed us we have gained 6.63% from 0.660% just by trading twice from mid of last month.
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they got a few la.. the promoter told me she invest mostly in Yuri and Nikolay since they are most consistent. Recently GMC Trader also seem not bad.
You can swap2 between them as you like.. as long got 1k USD.
She added me into all their telegram groups so I can see their returns. laugh.gif

It's normal 1 week suddenly drop low at 0-3%, suddenly next week can jack up to 7-8%.. depending how successful is their FX trades that week.

Ok whether really got trade or not.. only God knows ya. I just say what I see them publish. Lol.

This post has been edited by Davidtcf: May 12 2022, 03:48 PM
SUSDaprind
post May 12 2022, 05:16 PM

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QUOTE(Davidtcf @ May 12 2022, 03:47 PM)
they got a few la.. the promoter told me she invest mostly in Yuri and Nikolay since they are most consistent. Recently GMC Trader also seem not bad.
You can swap2 between them as you like.. as long got 1k USD.
She added me into all their telegram groups so I can see their returns.  laugh.gif

It's normal 1 week suddenly drop low at 0-3%, suddenly next week can jack up to 7-8%.. depending how successful is their FX trades that week.

Ok whether really got trade or not.. only God knows ya. I just say what I see them publish. Lol.
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I am just sharing my experience for future awareness. Yes, many portfolios under big umbrella of TriumphFX namely Tokyo Finest, Yuri Rothenberg, Nikolay Divinsky, GMC Trader, AMG Capital. What a fancy name..

AbbyCom
post May 13 2022, 03:44 PM

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QUOTE(Daprind @ May 12 2022, 12:02 PM)
Yes, I can pledge this is a scam. Currently attached to one of their portfolio called AMG Capital for a year now. Payday is coming on next Monday. Out of the blue, they just informed us we have gained 6.63% from 0.660% just by trading twice from mid of last month.
*
Err... can clarify your statement a bit?

How much average monthly return that you have been getting so far and what's so special about this 6.63% gain, is is extraordinary since monthly average before that only 0.66%?
eelkcaj P
post May 14 2022, 09:25 AM

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QUOTE(barca96 @ May 12 2022, 12:28 AM)
Hi, a friend asked me to help register my name only for UnitedFX or TriumphFX. One of these 2. I don't need to put money in. Just register as a member to help my friend achieve target or something.

Will I get into trouble should anything happen to that company (even if I didn't put in any money)?
*
Please do your own due diligence.
SUSDaprind
post May 17 2022, 09:56 AM

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QUOTE(AbbyCom @ May 13 2022, 03:44 PM)
Err... can clarify your statement a bit?

How much average monthly return that you have been getting so far and what's so special about this 6.63% gain, is is extraordinary since monthly average before that only 0.66%?
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First trade earned only 0.66%, suddenly on second trade it jumped to net profit 6.63% gain from your total investment. Say this is scam or not? u judge yourself.
Anyway, I am here not to promote this, but just spread awareness that TriumphFX is real scam. Invest with your own risk.
AbbyCom
post May 17 2022, 02:30 PM

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QUOTE(Daprind @ May 17 2022, 09:56 AM)
First trade earned only 0.66%, suddenly on second trade it jumped to net profit 6.63% gain from your total investment. Say this is scam or not? u judge yourself.
Anyway, I am here not to promote this, but just spread awareness that TriumphFX is real scam. Invest with your own risk.
*
Thanks for reiterating that one month return but what was your average return for the past year?
c64
post May 18 2022, 12:14 AM

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QUOTE(trailblazers_song @ Apr 11 2022, 06:25 PM)
While I applaud your effort to warn the community of the potential scam of this company, your simplistic deduction above amused me  rclxm9.gif . Just take sometime  to get Mr Google assistance in doing abit of research abt the Cyprus , HK & Singapore entities - they are totally different companies . We live in the environment where 2-5% pa is normal & to expect 5-10% pm return is absolutely  absurd . You are absolutely right.. that is , for the commoners . Just like most of us, ignorantly purchasing shares full price in Rakuten, the better informed will make use of an instrument called contract for difference ( google it if u don’t knw ) & have better leverage on your capital . I m no expert but I do take the trouble to attend some freebie sessions & ended up signing for beyondinsights.net courses . The founder , katlyn was superb in her 3 hours free  preview. In that preview she clearly stated thst it is very possible to earn more than 10% return per month just doing 1 trade per day or less  ! in fact for some traders , 30-60% pm is not an impossible dream . She is a living eg. Check in out , beyond insights is a company  at Jaya 1 PJ.
So far I hardly see any facts provided by posters but mainly opinions & opinions are worth a dime a dozen   rclxm9.gif Do your own due diligence . Make your own decision rather than listen to another person opinion where to park your money
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I don't know why you suddenly drag Beyond Insight into this FX Scam. BI never teaches Forex Trading for 1, because it is illegal in Malaysia to give this kind of course and they don't want to do anything illegal.

And yes, i have no doubt Kathlyn is the real deal...but if you have been a student long enough, you will know how much time she has spent and failures she encountered before honing her skills to where it is today. Everyone can play badminton....but you think you can become the next Lee Chong Wei? I don't know why you sounds so excited about CFD. Sounds very noob. All the instruments is useful depending on your financial condition, trading style and other factors. Later you learn options, you will probably wet your pants.

Also, you just attended preview. I suggest you go for the actual course before jumping the gun and truly understand their teaching. And again...it has nothing to do with Forex Scams.

This post has been edited by c64: May 18 2022, 12:14 AM
amboi_asamboi
post May 23 2022, 01:02 PM

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QUOTE(cliveseow @ Apr 19 2022, 11:22 AM)
» Click to show Spoiler - click again to hide... «

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QUOTE(wgpictures @ Apr 20 2022, 03:21 PM)
» Click to show Spoiler - click again to hide... «

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Well said

amboi_asamboi
post May 23 2022, 01:22 PM

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My take on this:

My friend for 20 years approached me last year Aug, to introduce this.

I sensed a few red flags

The first was when i saw this

user posted image

The “cycle” is 5 weeks. Every cycle the %ROI is double digits. This translates to more than 100% ROI in one year!

If this is compounded, everyone is a gazilionaire in no time.

But wait, I was told not “100%” of this 12-14% comes to me.

Reason, this is a copy trade. Like exam, u copy the answer of the smartest student in class. He marks A for Question 1, u follow A for Question 1. He gets 100 marks, u get 60 marks

Reason? 40% of your money need to be divided to pay others: 10% for fund managers & remaining to pour back into the commission system.

user posted image

If I were the fund manager who generate 12% every 5weeks (from the data above), why would i wanna settle for 10% cut from all the hard work. I might as well invest myself using money that i borrow from banks

I can get 12% (even if u say 7%) per month, borrowing at 24% per annum would also make me very rich





wgpictures
post May 23 2022, 01:40 PM

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QUOTE(amboi_asamboi @ May 23 2022, 01:22 PM)
My take on this:

My friend for 20 years approached me last year Aug, to introduce this.

I sensed a few red flags

The first was when i saw this

user posted image

The “cycle” is 5 weeks. Every cycle the %ROI is double digits. This translates to more than 100% ROI in one year! 

If this is compounded, everyone is a gazilionaire in no time.

But wait, I was told not “100%” of this 12-14% comes to me.

Reason, this is a copy trade. Like exam, u copy the answer of the smartest student in class. He marks A for Question 1, u follow A for Question 1. He gets 100 marks, u get 60 marks

Reason? 40% of your money need to be divided to pay others: 10% for fund managers & remaining to pour back into the commission system.

user posted image

If I were the fund manager who generate 12% every 5weeks (from the data above), why would i wanna settle for 10% cut from all the hard work. I might as well invest myself using money that i borrow from banks

I can get 12% (even if u say 7%) per month, borrowing at 24% per annum would also make me very rich
*
EXactly my point in calling this a scam. It simply does not make sense. Anyone mathematically logic would have noticed this.

amboi_asamboi
post May 23 2022, 01:42 PM

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Next comes the recruitment

If this doesnt sound like pyramid/Ponzi, I dont know what is it.

The trick is to build one level “downline”/follower/investor/etc
of usd40,000 then move on to next level. Usd40k is to MAXIMIZE the commission pay out

Even with binary system of one person recruiting 2 downlines, it wont be long until u exceed world population

user posted image

Here they need minimum 5.

amboi_asamboi
post May 23 2022, 01:50 PM

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The danger of 5 week cycle

U cant exit and u have no time to react. U r just like a person tied to the chair while a gun is pointed to ur head in a Russian roulette game

U r just hoping each cycle wont end with the bullet in ur head.

U r hoping each cycle of the revolver keep spinning with blank, and u get ur money back.

And yet, people keep pumping money in


If I remember correctly, Genniva (or however they spell it) has a 7 day “gold to cash” conversion. Some people got stuck at day 4 and didnt get anything back.

Lost everything

This has 5 weeks. The scammers/mastermind have enough time to run

Oh why 5 weeks?


This is to prevent the masses from liquidating. Each level/person/group would have a different cutoff date within the 5weeks, and this is how they buy time to roll the money.

Sounds like Ponzi?




lavenderguy P
post May 23 2022, 03:53 PM

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people don;t think that far...my friend still very actively promoting this..more and more people around her are pumping money into it..i just be a by stander lor..what to do?
lavenderguy P
post May 23 2022, 03:58 PM

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Friend pumped in 50k USD and counting.Friend said no need to invest in stock and others, invest in this, guarantee return.Friend even met up with up line from KL and becomes more convinced and now is busy operating down lines..hope everything turn out as friend said, a millionaire in USD very soon
Poksilap
post May 23 2022, 10:21 PM

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QUOTE(lavenderguy @ May 23 2022, 03:58 PM)
Friend pumped in 50k USD and counting.Friend said no need to invest in stock and others, invest in this, guarantee return.Friend even met up with up line from KL and becomes more convinced and now is busy operating down lines..hope everything turn out as friend said, a millionaire in USD very soon
*
So your friend and you are not from KL? May I ask where is that?
amboi_asamboi
post May 24 2022, 12:13 AM

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Some people i know are going in with this mentality

- u dont have to invest too much. Put in enough to get money for ur car installment & house repayment. Say to get usd2k per month, put in usd30k @7% ROI per mth, with expectation that the capital breakeven at 15th month


But think again. The usd30k is yours to begin with. U put it in with hope of taking it back in 15 months, provided that the capital is still there. Then u can call this capital appreciation

If the thing collapse before 15th month, you lose

People say it is ok, they dont lose all usd30k, depends on where the thing crash. Thats the risk they are willing to take

Think about it. The mentality is more of getting back what u have put in, rather than growing the capital.



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