₦airaland Forum

sunnyboi:
Why not just charge me for the robot and allow me use it in my own regulated broker? Why do I have to deposit money in the shitty crooked broker? Why are they guaranteeing a return of 45% ? The last time I checked, even George Soros make loses, and your shitty bot doesn't make any loss...lol. The mumu scam is targeted at non-traders and it's working. Even in my sleep, I can't fall for this scam.

Fxmanager:
There is nothing in that link. Your game is up. And note that we are not talking about professional register. We are talking the government regulatory status of a forex brokerage firm. Stop misleading investors in this forum. Show a step by guide to getting the information. There is no other link to get the government regulatory status of a forex brokerage firm than https://asic.gov.au/

Please, members of this forum, don't fall for this.

Fxmanager:
Who is wikifx to list a broker as being regulated, when such broker is not a government licensed and regulated forex broker, and also cannot be found in the database of the government regulatory body? For a price, any dishonest website can be bribed to pass along a false information. For your information, below is the correct search link for the ASIC forex broker's government regulatory status, as nothing cannot be found in the wrong search link you posted in this forum.

https://asic.gov.au

Visit the link above and type in the brokers name or number, you won't find any information about the brokers regulatory status. Try searching for any known ASIC regulated forex broker using the same link above, and you will find them in the database. Please, stop misleading investors in this forum, with fake and wrong links.

Geenosko:
This is a summary of what a broker can or can't do with MT4.

A broker can frustrate it's clients trade through a variety of means such as delaying execution of trades, trading against their clientele, widening the spread.
This again depends on whether the broker is a dealing desk or true ecn.

No broker can manipulate the core system of mt4 to make losing trade look like wins or vice versa.

My fx book collects it's data from the core of the mt4 system, so it shows exactly what it's in there.

For reference see this article

A guide to using and recognising myfxbook accounts

https://forums.babypips.com/t/a-guide-to-using-and-recognising-myfxbook-accounts/52656

Geenosko:
FX manager, I just read what you wrote about mt4 platform and its very obvious that your knowledge of it's inner workings are limited.

pakirisuitesphc:
You yourself agreed they are ponzi scheme by sharing this link.

freeman67:
Very wicked soul... The loss people have incurred already is not enough for so you want to add more sorrow to them?

People will repeat your last line for you when your FINTRAC vanish.

sammiejr:
Scammer dey find mugu to recruit. Oga! We are smarter

MikkyT1:
Are you still on 1000usdt capital?

smeag0l:
First of all, being a money services business is different from being a forex broker. FINTRAC only ensures anti-money laundering laws are not violated by organisations registered with them. They do not provide any protection for you if IPC runs away with your money.
Then the answer to the response you provided in number 2, a company has to be registered as a forex brokerage to provide the kind of service IPC is providing. And this has nothing to do with whether a trader is placing the trades themselves or if a bot is placing the trades as you have mentioned. To the third point, only inexperienced traders will say they have verified the trades and they're real. For trades that have an average trade holding time of 10 minutes , you should be able to see the trades. I have sat down and watched to see the live trades and couldn't see anything. And ,for your information, there are companies like this that post fake trades on mt4.
To your fourth point, the aggressive manner in which the multilevel marketing is driven shows there is a hidden agenda. What I'll advice you to do is take out your initial capital and let the profit run.
To your last point, disclosing your liquidity provider had nothing to do with trade secrets. It is simply disclosing the bank or financial institution these monies are coming from so people can do their due diligence.
As an experienced forex trader of so many years, my advice to you once again will be to exercise caution with your investment in them. I've witnessed schemes like this before. I'm working with a European company presently to provide a bot that can work with any broker so that people can be free from these kind of schemes and from people asking them to bring their monies for investment. Sadly, I won't be putting the project here on nairaland. Mods bannes me last week for advising people on how not to get scammed. I guess scam is now being promoted on nairaland by the mods. Lastly, you can't even ask me to use your link to join IPC because I knew about it before you and I joined long ago and have made and pulled out my capital.

smeag0l:
I've been seeing posts from you guys here promoting IPC. I just hope you don't lead people to meet their Waterloo. You need to be well grounded in forex trading before you start promoting things like this. When IPC came newly, I asked them some questions which they've not been able to answer till today. I actually use them but I have a very small capital their as a result of some doubts about their credibility. I'll explain the reasons why I find them suspicious here.
1. They claim to have offices in US and Canada but are not regulated by forex regulatory bodies in both countries.
2. They provide brokerage services but claim not to be a broker. This point together with the first point makes it easy for them to flee with people's monies without anyone arresting the owners.
3. The average holding time of their trades, when tracked through myfxbook shows 10 minutes. However, you will never see a live trade on your mt4 portal. This makes me believe that they may be placing fake trades.
4. Their multilevel marketing is on a level that raises suspicion. They drive this too aggressively to the extent that someone with an unbiased judgement would start thinking that there must be something fishy. This model is typical with ponzi schemes
5. They have refused to disclose who their liquidity provider is. So who pays the monies that people make? This again lends credence to the fact that this may be a ponzi scheme.
Please invest only what you can lose and stop enticing people to join something you youserselvss dont fully understand. Mods please

Kingkyle1:
How scam do you want this to be

Yes!!