SCAM Busted again - IGOFX vladislav

Recently, We sees Global Trading Pros, Sakura FX trading, The Malaysia case of JJPTR and now IGOFX

Please think twice again dealing with offshore brokers who can edit and create any statements themselves on MT4.

http://www.myfxbook.com/members/Vlad...dislav/2030078

Telltales signs of FX SCAMs.

1 - Unregulated/offshore Broker
2- Suddenly pop out of nowhere and showing amazing ROI and years of track record
3 - Only 1 Source of Mt4 Trading Records, unable to produce similar results across all platforms especially on tier 1 broker in US, UK, SG, Swiss and Aus.
4 - MLM or Fixed returns promised.
5 - Unable to show real-time trading on investor password.
6 - Unable to get verification on fundseeder or darwinex or other better platform other than myfxbook.
7 - Equity curve too SMOOTH, only red line can be seen. Drawdown almost non-existent.


Vladislav77 Was warned by many others on other forum and platform. But the gullible investors from Malaysia, China and other regions still continues to fall for it high yield investment and fake MT4 trading results. Driven by MLM and high yields.

PerfectofX was a classic example.

Before IGOFX or Vladislav who may be just another Asian/Caucasian faking like a Russian behind his computer.

PerfectofX crashed themselves in 2015, it was all PLANNED!.

06.08.2017 20:5306.08.2017 21:00GBPUSDBuy1.295901.28020-157.07m-94.39% - IGOFX Vladislav did the same this morning

His older trades have lesser leverage.

There's almost no way to really go 100 Lot above on normal Mt4 trading ticket. This scam is probably more than 50M, watch out for news report soon alike JJPTR.



https://www.forexfactory.com/showthr...04#post9598604 - THIS WAS THE OLD THREAD THAT I TRIED TO WARN people not to fall for it.

If trading is good, there's no need for MLM

I do not involved in igofx

But I observed the trading history of vlasdislav, there are many occasions in the past the trades end up losing over 150 pip...but then the percentage of losses is only between 0.1 - 6 percent. That reflect good MM.

Surprising a single trade loss 157 pip, but with a loss 92%. Why ? Because they have collect enough money from investors. It is time to do the killings.

Definitely scam...

https://www.facebook.com/igofx/reviews/

This is a serious warning...

IGOFX is not licensed in the first place, its a platform owned by IKOFX, which is also another malaysian-created money game broker.

TP Eagles and MGMC are likely to be the next one on RADAR.

WHY? - Because money game and FOREX MLM created by MALAYSIANs and CHINA people , ofc guided by some anh mohs

Goodluck to investors who didn't do any due diligence and invest with offshore brokers without real proof of trading operations and tampered records, without the needs for auditing.

There should be only 1 level of referral rebates/affiliates fees via CPA or rebate volume or flat tier, not MLM.

Guaranteed returns and fixed yields are not real FX trading. Real FX trading have real equity floats of profits and losses and no need for commission withdrawal etc.
Its purely real investing of funds, not DIVIDENDS

That is why I'll never get scammed, because I use the common sense before depositing my money.

what do you think about mia491 copytrade. broker using fintechfx regulated asic and NFA
the trader portfolio https://www.myfxbook.com/members/MIA...rrison/2411336

When something is too good to be true, obviously the odds is very high to be a scam eventually which has been proven in the past.

The NFA is not a license or an approval by NFA, please check properly with the authority, they have already announced the said company is not approved member of NFA and thus not regulated. You can find out these details on myfxbook and lowyatt forum about them, they are getting out of hands and very aggressive in gathering aum from retail investors. Every MLM structure with moneygame on the back of FX/Gold trading has proven to be a scam in the last few years.

JJPTR
IGOFX
and many more.

1 - ASIC please read the license by ASIC and write in as well, the said license is not too old and not allowed to function as a broker thus unable to collect money and getting such license is not hard. Getting more than 100M AUM what is a paper ASIC license with some people to apply?

2 - It's very simple, if they are real they can duplicate the results to a 3rd party approved brokers licensed by other ASIC, FCA broker that are recognized by majority of the market players and veteran traders.

3 - They can even run the same trades with a legitimate broker just to prove what they are showing is the same on other platform, just run for 1 good month. There's no trading of 10% without any DD. MT4 results operated by own-self and own group of brokers can be manipulated. Statements can easily be updated/manipulated as its only a HTM file.

4 - If the results are so good, why would they waste time sharing profits with retail when the big boys can work directly with them in billions and get quicker to success, and can eventually use the money for charity or helping others whatever they are claiming.

5 - AML issues, money deposited to a said broker must also exit through the same way, If i fund by credit card i should get back my balance first before ability to transfer higher profits through other approved methods. Why did they use 3rd party msian companies or money changer to receive and send money?

6 - Why was the money sent to LALA LAND? or even SVG entity which only cost 1K USD, good luck

Its a pyramid MLM scheme nuff said.

Good luck

For any concerns, investors should always clarify directly with the authority.

https://asic.gov.au/about-asic/conta...e-a-complaint/
https://asic.gov.au/about-asic/conta...w-to-complain/

https://www.asic.gov.au/about-asic/c...nduct-to-asic/


It's highly unlikely FintechFX can renew this coming Nov 2018 when the registration will likely be canceled and investigated as they cannot comply for auditing by ASIC due to money laundering, and fake trading statements.
EXIT WHEN YOU STILL CAN FOLKS OF MIA49, FINTECFX or James Harrison Whatever they call it.

They do not even have the necessary documents and legal documents to operate as a broker, because their license does not allow them to operate as a CFD Provider thus unable to accept deposits for margin trading.

I have heard that there is more than 13,000 withdrawal notice this month. Good luck

A pyramid scheme will fail when the in is not sufficient to payout while the out is increasing, thus failing to give out the said 14%

Hey 5percent. I hope to see more in depth investigation from you regarding MIA/FINTECHFX/JAMES HARRISON.

First of all, I already invested 10k USD in MIA ( I am ready to lose it so dont care, also i am withdraw weekly almost got all my modal though)
also I DO BELIEVE this thing will be blow up in time.

Since i am an investor i think i could provide more info regarding this, but i got zero knowledge in this. So i definitely need help from you guys.

P/S : I AM JUST BEING SKEPTICAL , JUST WANT TO SEE MORE IN DEPTH INFORMATION TO ENHANCE MY DECISION.

https://www.mia491.com/
https://www.myfxbook.com/en/members/MIA491

U CAN DOWNLOAD LOTS OF INFO HERE. ( MARKETING PLAN ETC)
https://www.primeeliteteam.com/download.html

THING I KNOW AND I WITNESS MYSELF:
-Yes they do withdraw/deposit capital and profit with local chq / current account and sometime saving account.
-My downline ever withdraw 10k USD capital twice jus to test their integrity.(got the money from different current account within 6 days)
-recently in my area someone invested 770k USD a few JHE accs( all of those money deposit through local ATM)
-Every time i request JH live trade the latest one always ONE week ago (they might dont wan to let other copy the trade but why one week not 2 days or 3 days ?)

Question to raise:
- Can MT4 trade be faked ? if so how to determine them ?
- 1 to 10 how likely that the coming ASIC review on 11/11 u think it will be fail ?


Sorry , my post is lack of insight. cant think of anything to ask at this moment.

History repeats itself, when will anyone learn?

Clearly, you only need to ask yourself 2 simple questions.
1) Is this a real and legit trading?

Obviously, there is 100 reason stating the obvious it is fake and fabricated due to their modus operandi no difference from any other money game born out of Malaysia. If you genuinely think this is real trading, then you must be dreaming. Simply because anyone/trader/program can just compound using risk % without the need for external funds. We have tried this before, you can get 1000% ROI through compounding in a very short time if your system is legit, and thus no external capital is required. This money game is too costly to maintain due to the high ROI paid to the investor, as well as the agents and agency model of MLM.

They only need 1 fact to prove their trading is real, duplicate it just 1-2 weeks in a regulated and reputable broker from FCA or ASIC with sound history. Because, as traders, we can write in to verify the authenticity. If they don't want to do that, obviously it is doctored records and places up there after the trade is done.

They are also using a 0 equity account, meaning, you will hardly ever get DD or none at all because your equity is above your balance at any given point of time and thus explained the fantastic results of no DD, this can be done on the MT4 side. There are some brokers doing this features as well.

You have already done what you need to do, which is to withdraw your capital at risk. You are the very few % doing this, not everyone entered the game earlier than you and thus they needed to wait out long before they can become RISK-FREE.

As you mentioned again, you received money from the different current account, this is AML and obviously, something is very wrong/fishy here.
If you know this is not real trading, try to withdraw more as well, and wait till the " Curfew period is over and ASIC to give a proper reply on this case " You can give up 14% ROI a month and have your winnings in your bank and join back later once they are cleared. Then to only get back your capital, and all your profits force majure.

2) This is a money game.

If you clearly know this is a money game. Your mentality is just to join early and reap the profits as the first mover and not FOMO 2nd or 3rd mover. Which are mostly the big accounts now. Play money game don't bring in your friends/relatives, if your friends/relative wants to join, tell them this is money game and not trading, don't mislead them.

Ask any FX Broker, a MT4 Server or WLB can be fake, because it was meant for B-Book (Counter trading against retail clients). To determine them, ask them to run side by side with a regulated broker for example, swissquote, divisia capital, lmax, pepperstone, tickmill UK etc to name a few, just to verify the authencity.

99%, it will fail on this ASIC review.

Because in the past, other ASIC brokers who runs fund management were heavily warned and fine due to conflict of interest, mis-selling, charges and etc

And for this FintechFX it never actually got licensed, simply because the entity that all MIA491 members are dealing with is the one based in Saint Vincent & the grenadines.

Please be clear, your money game and your trading is dealing with SVG entity and not the one in Australia. Due to the complaints and misleading information, there's zero possibility this company can get renew, and importantly it is not functioning as a FX broker, it merely is telling you they can do managed investment. The other licenses were also bought to facilitate this scam.

Don't cry foul if you are too foolish investors.

The best verification is always to check with the authority, get the clearance of what their license can do, what they have done wrong and etc.

Lastly, this is a more sophisticated scam, because the players were more and more experienced from every money game they played before. Look carefully, you will notice most of their IBs/Agents were from previous money game that went busted. They know, each time what is lacking and how to make it better to scam the PIGs to transfer their wealth, from rich/foolish to the scumbag scammers.

This money game is also trying to use blockchain stuff to scale up, their money probably huge % is not in trading but other investments, or already trying to wash out of the country into their private bank accounts offshore, once it is turned into cash and through many stages of layering, your money will never be able to get back.

I do believe, this money game may be bigger than IGOFX. We should be looking at more than 1 Billion USD to be scam.

You can be risk free and continues to earn your 14% until its finally over while withdrawing your money every now and then.
or
You can withdraw a large part of your profits first, leaving some behind and wait out till the dust is cleared and join again, assuming they are still operational after the curfew period.

Hi 5percent i believe the money pool alrdy at 1 billion. Bcoz my group alone alrdy accumulated
UNIT MANAGER X110 (150K USD To achieve UM)
25 millions as at 2/11

Imagine only this group, we dont thr are hw many grps out thr...

Malaysian government should regulate fx instead of just turning a blind eye believing all is good. Maybe one day, once I could, I would try establish a fx broker there. Talk to the government. What happened here gives a bad name to Malaysia.

As usual, veteran and seasoned traders have warned against BlueTrading which was the old iiinvestment repeatedly over the web and on FPA's website but still silly investors continue to fall for its marketing scam and tricks.

Seems like financial commission's expel is a sign and indication of a scam unfolding.

Bluetrading is officially over once again, but they might be back again!


Sources:
https://www.ethnews.com/blue-trading...ey-association
https://cryptovalley.swiss/inquiry/p...-blue-trading/
{ virus risk deleted by staff }
https://fintelegram.news/blue-tradin...s-conclusions/
https://financialcommission.org/2018...ts-membership/

Use Unregulated or Offshore FX brokers with fake trading program at your own risk! Too good to be true. Naive and fools never learn.

Hello
I was called by one Monanne Jonnes to do investment with their company (Luno.com) which I did by transfering 100euro on the 10th September to the account she help me to open and the cash was later transferred to one 24cryptos.com trading platform and they promised to increase the money to 500euro in one week and they did increase it to 137.70euro within the first week and they started asking me to fund the account with another 2,500euro so that they can be increasing my account with profit of 600euro every month and I declined their request and since that day till now they no longer answer my mail and their whats app contact is no longer going through. Please verify what I am saying by visiting their their website (Luno.com and 24cryptos.com). My account is still active and the cash is there but they are not ready to refund it. These people are scam.

Is there a way for me to contact you? I'm going to need your advice regarding this CopyTrade system that have been introduced to me which seems to be backed by myfxbook stats. I'm a newbie and would like your advice regarding this link https://www.myfxbook.com/members/mas...hangfe/2423367

Is it legit?