Forex rc group

Forex rc group

Author: trakovik Date: 16.06.2017

There is no information on the IGOFX website indicating who owns or runs the business. The domain registration were last updated on February 16th, The IGOFX domain registration is set to private, providing no information on who owns it. That IGOFX have used a shell company to register with the Vanuatu Financial Services Commission is highly suspicious.

IGOFX has no retailable products or services, with IGOFX affiliates only able to market IGOFX affiliate membership itself. A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them level If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

IGOFX cap payable unilevel levels at four, with commissions paid out as a percentage of monthly ROIs earned by unilevel team affiliates:.

Note that residual commissions are not paid out to IGOFX affiliates who have not recruited at least three affiliates who have invested. This is achieved through third-party MT4 trading software, with performance varying from month to month. Following in the footsteps of the collapsed VenusFX and FX United Ponzi schemes, IGOFX follows the standard modus operandi of Malaysian forex scams.

That is until the Ponzi collapses or begins to collapse, at which point the registration is promptly investigated and cancelled. After which the owners quietly slip away. If the scammers behind the company were able to legitimately generate such ROIs each month, why would they need to waste time soliciting funds from affiliates? The reality is the only verifiable source of funds entering IGOFX is affiliate investment, the use of which to pay a monthly ROI constitutes Ponzi fraud.

A legitimate forex company has no reason to register itself in Vanuatu. A Ponzi scheme fronting as a forex company though will probably get away for it as long as nobody files a complaint. Victims of Venus FX and FX United primarily Malaysians have already learnt this lesson the hard way. Does it really need to be taught again a third time? Mar 4th, at 9: Thank you for your analysis. We know that myfxbook is an independent third party who pride themselves as the authenticator to ensure that performance claimed by individual traders, sellers of Expert Advisors to aid in automated trading are trustworthy and authentic without being modified.

As Myfxbook monitors the trade done by traders directly on the trading server with a read only password created by myfxbook and entered by the trader to the monitored account to make sure the transaction is real and the trader do have access to the said account. Mar 4th, at 4: Mar 17th, at IGOFX has a product called Copy Trade System which does not provide fix profits every month as what you claim. Copy Trade System which does not provide fix profits every month.

They could borrow a million bucks, set the automated system running, pay back the money and retire on the profits. Mar 24th, at 4: I would love to invest but a little scared, then I saw that sponsorship, it makes me feel safe, well maybe until next year. Mar 28th, at 3: Mar 30th, at 4: Sorry, I think you really need to study properly what is Igofx and the services that they offer to their clients. Igofx does not promise fixed returns to their investors for copy trade system and there is no tie-up capital where the investors are free to withdraw their capitals anytime without any constraints.

In fact, there are many ways to deposit and withdraw money from Igofx for the convenience of their investors. Igofx have many local depositors in China, Malaysia, Indonesia, Philippine, Singapore, Cambodia, Australia, Hong Kong, Brunei and etc….

Igofx is more than 4 years old and it is a subsidiary of IKOFX which already exist in the market 8 years back when I was still a teenager. If they really wanted to scam, they should have done it many years ago as they have billions of funds deposited from worldwide investors from time to time. Mar 30th, at 6: The only relevant service is a ROI paid out of newly invested funds, which makes IGOFX a Ponzi scheme. Just another Malaysian Ponzi scheme with a small limited amount of gullible local investors.

You can call using newly invested funds to pay of existing investors what you want. Mar 31st, at 6: Not all the FM are making profit each month, provided you choose the right one. Offtopic derail attempts removed. Mar 31st, at 7: Apr 1st, at 1: There is no point arguing whether igofx is legit or a scam. Apr 4th, at 1: I joined IgoFX and used the copy trade system to invest in a risky Fund Manager and lost money. Apr 4th, at 5: Apr 6th, at 7: Apr 6th, at 9: Right, the Ponzi scheme. Same as all the other Malaysian forex scams you gullible muppets keep falling for.

Apr 7th, at Malaysians are generally greedy, never learnt from past mistakes. Always fall for these ponzi scam for get quick rich. There are many ways u could earn a decent legal passive income.

Each time these scam try to sell to me, i will pose 1 question to them, is it regulated by Bank Negara or Securities Commission? Apr 15th, at 7: Unregulated binary options firms with no registered physical address and a litany of less than flattering diatribe adorning internet forums, as well as misleading company names are still being accepted as major sponsors for prominent British football teams. Until this is stopped, it is a danger to our esteemed industry, perpetrated by complete outsiders.

Igofx claimed they are receiving three more awards- Best Forex Broker, Fastest Growing Forex Provider and Best Forex Technology in Asia by Global Banking and Finance Review.

Apr 30th, at 5: The extra charged on the spread is sufficient to pay for pips rebate. So it mean, no over pay here! I dont see your claim is valid.

Lou moneymaker is mean they need money from new member to sustain the game.

Last week, a total of USD 50million withdrawal noted from the Local. Depositor, yet, the payout still ontime and no delay. If PONZI, where they could pay out so prompt!

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Please use your mind to think before you pen down anything here. Apr 30th, at 6: Last week, a total of USD 50million withdrawal. Because how fast stolen funds are paid out has nothing to do with Ponzi fraud.

A Ponzi scheme is defined when newly invested funds are used to pay off existing investors, as is the case in IGOFX. Apr 30th, at 7: May 1st, at I do not blame you cause you have stock market replay software little knowledge and you never study the case properly whenyou made a comment. I do invested in some money game which is REAL Ponzi Scheme like JJPTR and I knew and admit it is PONZI Scheme.

May 2nd, at 6: Still no proof of actual trading taking place, nor any correlation with the 2. May 2nd, at Therefore, it is not a ponzi scheme. What your friend does via manual trading is irrelevant. My friend invested in one fund manager of IGOFX who is loosing trades. That has nothing to do with the automated 2.

May 2nd, at 8: So your statement is not correct. The actual reasons why Public Mutual Fund, Warrent Buffet, IGOFX needs public fund because they know by helping people to make money, they will make much more money than they borrow money from the bank and trade on their own. The actual reasons why Public Mutual Fund, Warrent Buffet, Investing in norway stock market needs public fund because they know by helping people to make money.

May 3rd, at 2: May 3rd, at world of warcraft gold farming guide 5.4 May 3rd, at 7: And this is exactly why many get burned in these ponzi schemes, thinking it will be so easy to withdraw money later on. May 3rd, at May 7th, at 2: Friend, FYI, I joined IGOfx 3 n a half years ago n therefore understand exactly what Biz Model they hv adopte.

Breakout bollinger bands, I think U r Simeone who hv got burnt neatly to death before, n envy us making loads or U r a dead competitor of IGOfx trying to put up such Blog, to scam us from making more money. Either one of the reason abv stands. PLEASE SHOW US THE FACTS OF YOUR CLAIM? PLEASE PROVIDE PROOF of your claim. How he became rich has been a trade secret of his till now.

It sounds to me that he shares his secret with U. FYI, U really dun know how IGOfx systems work, comp plan is details, various payouts, how IGO makes money n much more! Offtopic derail attempts and abuse removed. Am tired to chat further.

Honestly speaking, U dun deserve to be leading this blog. I suggest U visit Vanuatu island n help us explore if IGOfx is there. And then come back here n show us some FACTS that YES! Bro, dun waste yr time here trying to play the smart asshole.

Go, tell yr Blog partner, …. May 7th, at 6: I joined IGOfx 3 n a half years ago n therefore understand exactly what Biz Model they hv adopte. Personally, I think U r Simeone who hv got burnt neatly to death before, n envy us making loads. Singapore forex broker mt4 make the claim their ROIs are funded by forex.

IGOFX the MLM opportunity has nothing to do with forex or the financial industry, offtopic derail attempts removed. May best technical trading indicators, at I can prove to you IGOFX did indeed earned their profits via forex trading, and they have won 3 international awards from European Publication, if they are not genuine forex broker, how in the world they can win the awards?

Go check your facts before claiming a real broker as Ponzi scheme, you will be sued for your comments here. Because awards have nothing to do with Ponzi fraud. All these Malaysian scams try to feign legitimacy by association, but only their gullible investors swallow it.

Their affiliates are getting the figures from somewhere though. With no verifiable source of revenue other than affiliate investment, IGOFX is Ponzi fraud all the way.

Otunba O. O. Senbore

May 8th, at 2: May 8th, at 4: Actions speak louder than words, please refer to useful or verified links or files as facts for your arguments, otherwise, buy mattel stock is no points to support your comment. I am a outsider of this blog who just googled about INOFX due to my mom recently been approached into the INOFX in Taiwan….

May 8th, at 7: Instead of wasting your time asking me to prove a negative, how about you apply the same logic to the company making the claim. The fact remains that the only verifiable source of revenue entering the company is affiliate investment.

Forex rc group forex yesterdays high low this revenue to pay existing investors makes it a Ponzi scheme.

May 8th, at 8: Please let me submit those proof to you! Oz, why are you not listening? Why are you not listening? May 9th, at With larger amounts of money, i can make large profits with smaller bips.

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May 20th, at 5: He put in USDXX. He did his own fx trading through mt4. Win and loss were the results. May 29th, at Any company which their website does not really have a company or people responsible for it is basically cannot be trusted.

Why should they be hiding behind a website without letting their clients know where is their office and who is the boss? May 30th, at 8: I feel silly that people said its not possible to gain from Forex.

Its require Skills and expereience. I plan to become a fund Manager for IGOFX, Triumphfx, Marigold very soon. If you dont understand the game, please dont simply criticize. Learn it, understand it before you say something that is fact.

Jun 5th, at Jun 9th, at 1: Jun 12th, at Saw few angry comments about losing money: Jun 12th, at 8: Jun 13th, at 6: Jun 13th, at 9: The Stop loss cannot working at all, what a professional company? For sure this must be a Great Scam Company…. Jun 15th, at My account all this while was opening order at 0. Mail will not be published required. You can use these tags: Leave this field empty. Notify me of followup comments via e-mail. Home About Contact RSS Email RSS.

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It is highly likely that whoever is running IGOFX is based out of Malaysia. IGOFX Products IGOFX has no retailable products or services, with IGOFX affiliates only able to market IGOFX affiliate membership itself. These residual commissions are paid out via a unilevel compensation structure. A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them level 1: IGOFX cap payable unilevel levels at four, with commissions paid out as a percentage of monthly ROIs earned by unilevel team affiliates: Conclusion Following in the footsteps of the collapsed VenusFX and FX United Ponzi schemes, IGOFX follows the standard modus operandi of Malaysian forex scams.

Can I continue to trust myfxbook for what you have disclosed on IGOFX? Sure, but you can just ignore that and sign up for an automated ROI each month. No assumptions here, just facts. Copy Trade System which does not provide fix profits every month Who said they do???? If they could, why would they need your money???? Igofx have many local depositors in China, Malaysia, Indonesia, Philippine, Singapore, Cambodia, Australia, Hong Kong, Brunei and etc… Igofx is more than 4 years old and it is a subsidiary of IKOFX which already exist in the market 8 years back when I was still a teenager.

IGOFX has been a Ponzi scheme since inception. Best of luck with the scamming. Yeah, sure it is — in your dreams.

Because using newly invested funds to pay existing investors is Ponzi fraud.

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Provide any proof that forex trading has anything to do with IGOFX payouts. Oz you have stuffed up on the commission structure… on the surface it looks like On the surface? If the answer is NO, i will tell them to get lost! But I checked the website it still accept the nomination?!! Last week, a total of USD 50million withdrawal noted from the Local Depositor, yet, the payout still ontime and no delay.

By the way Oz, what is manual trading means? Is it he trades by himself? Thank you for your explanation Oz. However I need to google what is MLM means. Please stop making excuses for Ponzi fraud.

RCFX Forex, Scam?

Lol… FYI, U really dun know how IGOfx systems work, comp plan is details, various payouts, how IGO makes money n much more! Offtopic derail attempts and abuse removed Am tired to chat further. Personally, I think U r Simeone who hv got burnt neatly to death before, n envy us making loads Your a Ponzi scammer. Using newly invested funds to pay off existing investors is Ponzi fraud.

FYI, U really dun know how IGOfx systems work, comp plan is details. Yes, facts do get in the way of Ponzi scamming. That much we can agree on.

I can prove to you IGOFX did indeed earned their profits via forex trading Which is why you failed to do so, right? From multiple IGOFX affiliate advertising the Ponzi scheme. Even for manual tradings, Ozedit: I thought the simple idea of trade is: Euro gained very high profit against US dollars.

What city and address is the IGOFX company in Ukraine? Could anyone tell me? If anybody want to feel of suddenly lossing your money? This are the suitable company for you. Definately a scam case, similar to those like EuroFX.

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