Sep 09, BrokersView has reviewed that Samtrade FX is an unregulated forex broker Samtrade FX claims to be a member of the Financial Commission, but this organization is a 09/08/ · Samtrade FX states that management and the company’s officers are restricted from accessing accounts holding customer deposits. This is due to a ruling issued by Singapore 03/01/ · 1, Reaction score Mar 20, #1 Apparently they are a CFD broker in Singapore, currently very popular with it affiliate network programme by others promoting an 19/07/ · The common one is to falsely cheat people all over the world by claiming its strict regulation. Recently, BrokersView learned that the forex broker Samtrade FX, which is Missing: review 10/01/ · Seems Samtradefx claim to have nothing to do with this person and company and they actually stole their ASIC license details for GIB. However, this doesn't excuse the fact that ... read more
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Best Commodity Brokers. By Ratings. Japan FSA. Estonia FSA. Eggdrop Senior Member. Joined Mar 15, Messages Reaction score They just released press statements. Eggdrop said:. Last edited: Jan 3, is it normal for investigation phase, to make arrests? I think cannot get back anything already. ctstalin Arch-Supremacy Member. Joined Mar 22, Messages 21, Reaction score Game over? goonsquad Senior Member. Joined Dec 5, Messages Reaction score Can something mention Rick Choo and his good fren Erik Prince, that ex-commando and his gd fren?
How deep is the SIMGE involved,oso how abt Rosalind Lim? Lee Kwok Cheong? UOW professors? Rick Choo was working under Sam Goh bro. Recruited in SIMGE bro prolly. Doing dirty work. So SU DAJI I rite or u wrong??
silverbomb Master Member. Joined Jul 23, Messages 3, Reaction score Never understand why ppl will easily sign up for this or still want to invest in them or withdraw earlier on if they have invested to get out when it comes into the MAS list. Alr sensed long long ago with all the fishy new accounts or very hardly post forumers waxing lyrical about this.
Like it's quite obvious it's going to be a troublesome scheme to invest in, getting into all sorts of troubles. You must log in or register to reply here. Special Events Tech Show Central. Feedback Channels HardwareZone. Others Ratings Board. This broker is located on a monkey offshore island bro. Joined Dec 23, Messages 5, Reaction score 1, Recently I hear more and more people on this platform.. Many people told me its not a scam and its legit.
Can people shed more light on this? Joined Sep 21, Messages 58, Reaction score Just got onboard for a week now. Senior Member. Joined Jun 4, Messages 1, Reaction score On mas investor alert list. If it sounds too good to be true, it probably is. hwmook Arch-Supremacy Member. Joined Dec 12, Messages 23, Reaction score bongnino Senior Member. Joined Oct 15, Messages 2, Reaction score hwmook said:. Over the years, almost every company that end up on MAS investor alert list turn out to be a scam.
Lucask83 Junior Member. Joined Mar 6, Messages 54 Reaction score 0. What makes her so sure with just some screenshot? As long as broker is involved in the scam, all the records means nothing.
I think the likely outcome is the algo will suddenly go bust, while the broker is likely not connected with the algo. Are you able to see their live trades as it happened? And have you checked if the trades are really live? Joined Nov 6, Messages 1, Reaction score What custodian we talking about. Parked where. Without proper custodian and audit, the money may just magically go into someone's pocket.
If you compare the live trades with other brokers, the chart will look very different. Look up the web. There are a few sreenshots. Joined May 14, Messages 1, Reaction score
Log in Register. New posts. Forums Lifestyle Money Mind. JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding. You are using an out of date browser. It may not display this or other websites correctly. You should upgrade or use an alternative browser. Joined Apr 20, Messages 1, Reaction score Abit like mlm.
EDIT: I am not promoting this scam. I am putting this thread as a warning that samtrade is not regulated but is very widely promoted because of downline commissions. If i am promoting this nonsense, i would have included a referral link here. Last edited: Jan 3, Shiny Things Supremacy Member. Joined Dec 13, Messages 9, Reaction score bullsback Supremacy Member. Joined Jan 1, Messages 5, Reaction score jagr said:.
why would it be a scam? the trades are legit and the profits come from actual forex trades. the referral system is just a small bonus on top of the trade income.
Click to expand small trades not more than 1 at a time and they close the positions within 5 mins irregardless if winning or losing. ldavid Junior Member. Joined Jan 1, Messages 15 Reaction score 0. With FIN also. But not directly, but through a friend.
FX copy trade. So far seems legit and returns are not bad. anderson Member. Joined Oct 30, Messages Reaction score You guys r asking gd questions bro. Like Mario Singh, the CEO OF SamtradeFX has been ex-investment guru teaching investment courses.
He was teaching at SIM-GE when I was there, later his Wisdom Capital switched to Forex, go and ask why SIM-Investment Club hired him and Patrick Teng to give BS talks bro. Also, he go and fake deep his voice on youtube.
Ask urself what happened. This broker is located on a monkey offshore island bro. Joined Dec 23, Messages 5, Reaction score 1, Recently I hear more and more people on this platform.. Many people told me its not a scam and its legit. Can people shed more light on this? Joined Sep 21, Messages 58, Reaction score Just got onboard for a week now.
Senior Member. Joined Jun 4, Messages 1, Reaction score On mas investor alert list. If it sounds too good to be true, it probably is. hwmook Arch-Supremacy Member. Joined Dec 12, Messages 23, Reaction score bongnino Senior Member. Joined Oct 15, Messages 2, Reaction score hwmook said:. Over the years, almost every company that end up on MAS investor alert list turn out to be a scam. Lucask83 Junior Member. Joined Mar 6, Messages 54 Reaction score 0. What makes her so sure with just some screenshot?
As long as broker is involved in the scam, all the records means nothing. I think the likely outcome is the algo will suddenly go bust, while the broker is likely not connected with the algo. Are you able to see their live trades as it happened?
And have you checked if the trades are really live? Joined Nov 6, Messages 1, Reaction score What custodian we talking about. Parked where. Without proper custodian and audit, the money may just magically go into someone's pocket. If you compare the live trades with other brokers, the chart will look very different. Look up the web. There are a few sreenshots. Joined May 14, Messages 1, Reaction score So many of my friends are on it.
They seem very content with this platform. I think no harm to join and put little amount on it. Do frequent withdrawal lo. It always take few yrs for the broker to run road, by then, you may already withdrawn your capital back liao. kimsix Arch-Supremacy Member. Joined Jan 6, Messages 11, Reaction score 3, The reason they are in it is because of the commission from downlines are attractive. A true broker will not offer such structure. Investor Alert List The Investor Alert List provides a list of unregulated persons who, based on information received by MAS, may have been wrongly perceived as being licensed or regulated by MAS.
This list is not exhaustive and is based on what was known to MAS at the time of publication. The truth is we SHOULD NOT condone it and join it so as not to feed the scammers. So fewer people will fall victim it is just too risky le even if it is just 10k it is still money.
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10/01/ · Seems Samtradefx claim to have nothing to do with this person and company and they actually stole their ASIC license details for GIB. However, this doesn't excuse the fact that 03/01/ · 1, Reaction score Mar 20, #1 Apparently they are a CFD broker in Singapore, currently very popular with it affiliate network programme by others promoting an Sep 09, BrokersView has reviewed that Samtrade FX is an unregulated forex broker Samtrade FX claims to be a member of the Financial Commission, but this organization is a 03/01/ · SINGAPORE: An online trading platform, Samtrade FX, is being investigated by the authorities and three men, aged between 31 and 36, have been arrested in connection with 05/05/ · Winner of the award for the best Forex broker of , AvaTrade offers Singapore forex traders a preeminent mobile trading experience. Avatrade spreads are some of the Missing: samtrade fx 09/08/ · Samtrade FX states that management and the company’s officers are restricted from accessing accounts holding customer deposits. This is due to a ruling issued by Singapore ... read more
Complaints on a forex broker or a forex scam should be posted here, BrokerView will deal with the case. Complaints Resolution. Pepperstone 8. The Summit is a great event with curated agenda bringing together not only industry elites to share their insights and knowledge on the markets investment, but also an opportunity for offline brand display and product promotion worldwide. Joined Oct 24, Messages , Reaction score 39, This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Feedback Channels HardwareZone.
it is just too risky le However, both SVG FSA and FINTRAC don't issue any licenses for forex trading or brokerage nor do they regulate, monitor, supervise or license international companies engaging in such activities. You might also like. Select Language. I think no harm to join and put little amount on it. Others Ratings Board, samtrade fx singapore review. Popular Global Stocks.