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This Forex trading website is legit or not? https://tradingfx.live/home ??????
- Thread starter Juganta
- Start date
- Replies 38
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Cc_creditguy
TF Premier
Why not both 😅😅
Cc_creditguy
TF Premier
U r position??
Honestly, it's kinda tough to say if it's 100% legit or not just by glancing at it. There's so much out there these days that look super convincing but can still be shady.
A good way to check is by seeing if they have clear info on their team, real testimonials, and solid customer support. If they're sketchy about details or make huge promises with little proof, that's a red flag.
Another thing to consider is how they handle your money. If they're a prop trading firm, they should have some sort of track record or partnership that can be verified. Sometimes these firms offer funded accounts and training, which can be a legit opportunity, but again, it needs to be backed by real, verifiable info.
A good way to check is by seeing if they have clear info on their team, real testimonials, and solid customer support. If they're sketchy about details or make huge promises with little proof, that's a red flag.
Another thing to consider is how they handle your money. If they're a prop trading firm, they should have some sort of track record or partnership that can be verified. Sometimes these firms offer funded accounts and training, which can be a legit opportunity, but again, it needs to be backed by real, verifiable info.
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Found something shared by 1 investor in this.
All these trading sites promising you profits, then why dont they invest themselves.. all these brokers and sites like binomo, olymp trade, octa fx... all are fake scams.. they are worse than scams because they make u addictive too... if u want to trade then pls learn some knowledge.. ik people with more than 15 years of knowledge and experience in trading still they make loss... no graph.. no chart.. no indicator can depict a share/commodity/crypto price ever.. it totally depends on various factors.. simple as that... so please kindly seek a financial expert before investing money.. always go for blue chip stocks
Lebedka
TF Buzz
I checked out the Forex trading website you mentioned, and honestly, it's always a bit tricky to say if a site is legit or not just by looking at it. Some things you can do to ensure it's safe include looking for reviews online, seeing if they have any solid customer support, and checking if they are regulated by any official financial authority. I prefer using trusted resources when it comes to Forex trading. If you're looking for reliable tools, you might want to check out the best forex ea. It's always good to do thorough research and maybe even start with a demo account if you're unsure. Trading involves risks, so it's better to be safe than sorry!
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Now it has an android app listed on play store.
Its a scam, do not fall for it, infact all forex apps and websites are Illegal in India, RBI doesn't allow individuals to trade in Foreign currencies but just official dealers which are generally financial companies and banks.
One of my friend lost over 10 lac few years back around covid.
These scam sites operate by referrals like offering good returns on small investment in the beginning and entice users to opt for higher amount, once you put in high amount you are trapped, they will start declining the withdrawal and keep asking for unknown taxes to be paid before withdrawal to be processed, they milk the user as much as they can and one day they disappear overnight. Starting the operation from scratch using a different site and search new people to fool.
One of my friend lost over 10 lac few years back around covid.
These scam sites operate by referrals like offering good returns on small investment in the beginning and entice users to opt for higher amount, once you put in high amount you are trapped, they will start declining the withdrawal and keep asking for unknown taxes to be paid before withdrawal to be processed, they milk the user as much as they can and one day they disappear overnight. Starting the operation from scratch using a different site and search new people to fool.
D
Deleted member 18439
Guest
India me forex trading ka sirf ek hi form hai that is currency derivatives.
Scam hoyega inn apps par toh complaint hi karte reh jaoge..
I don't understand are you asking questions to investigate this website or promoting it ? Seems more like you are doing the laterNow it has an android app listed on play store.
It does look like promotion
Sorry Brothers!
I'm not promoting it, neither i am investing in it.
I'm concern about this fraud which is happening all over india in a very large scale.
D
Deleted member 18439
Guest
List issued by RBI
Main website of this thread wbich is tradingfx.live is not included in rbi notification but it's illegal.
That website tradingfx.live is not legit. It has no proper regulation or license, there are many complaints online about people being unable to withdraw, and in India there’s even a charge sheet filed for a huge fraud linked to it. The high returns shown in screenshots are just bait; once you put in money, you’ll likely be asked for extra “fees” or the site will block withdrawals. If your friends are still able to see returns, it’s only because the scam pays out small amounts early to lure bigger deposits. Stay away and don’t invest.