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TriumphFX

Cyprus · MT4

Reviews & comments 841.0ⓘ
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1.0ⓘ
Founded2010-01-01
Minimum deposit100.00
CurrencyNot provided
Leverage1:30

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Reviews & comments (84)

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JaydenReply
Initial 1-star score

Reply to comment #884

<p>Thanks so much Don for your answers above. it helps me a lot to clear what I am always concerned about so far.</p>

DonReply
Initial 1-star score

Reply to comment #882

<p>There’s one Fund Manager called Victoria Trader since 2017…..they were trading &amp; profiting for investors. In 2021 October, the trader decided to close the fund &amp; stop trading due to retirement. </p> <p>All funds were returned &amp; refunded to investors after its closure.</p> <p>So I suppose this scenario did answer your question.</p>

JLReply
Initial 1-star score

Reply to comment #882

<p>TXFI has control of our funds because our funds are with TXFI, not the fund managers. The are rules and regulations attached between the fund managers and TXFI.</p>

OComment
Initial 1-star score

<p>Hi guys, what if the “Fund Manager” shuts down or decides to close? Will we be able to retrieve our investments? Who has full control of our funds?</p>

RouqeReply
Initial 1-star score

Reply to comment #880

<p>Thanks Don, really appreciate the reply. If there is an investors Telegram or WhatsApp group, would be great to get on board. Good to know any latest news or updates regarding fund managers or the platforms. Hv a great day ahead</p>

DonReply
Initial 1-star score

Reply to comment #879

<p>Rouqe, here are some facts that I’ve researched so far.<br> The scam in Singapore &amp; Hong Kong that were mentioned by many were Triumph Global Asia Limited. Not TriumphFx. They’re 2 different company with almost similar name. Infact, there are plenty scams such as Triumph Official, Triumphi Fx, Triumph Defi etc. Just because Triumph Global Asia Limited stood out to be a larger scam, many thought it is the same with TFXI. </p> <p>Secondly, regards to Alexa ranking. TFXI is indeed growing rapidly in South East Asia particularly Malaysia. As the Fund Management Program of the broker were first started from South East Asia. TriumphFx Cyprus (www.triumphfx.com) are more towards European Countries. So it depends on which one you’re mentioning. tfxi.com (Seychelles) or triumphfx.com (Cyprus)</p>

RouqeComment
Initial 1-star score

<p>Hi, i have just started investing with tfxi/triumph fx recently. Been seeing the profits for 2 cycles already but haven’t withdraw as my plan is to reinvest it back.</p> <p>Just wondering if the news in Singapore is true regarding the scam? Because it seems like these people are using a similar name, and used the broker tfxi as the platform. Hope to hear from those who have been investing for more than couple of years so i could have a peace of mind.</p> <p>Also I’ve taken a look at Alexa ranking of the website on Alexa, seems like most of the traffic is from Malaysia. If the invesment claims to be international, seems a bit odd that the traffic is mostly from Malaysia. Hope to get some clarity.</p> <p>Web rank in Alexa:<br> </p>

DonReply
Initial 1-star score

Reply to comment #877

<p>Nope. They have been organizing such events since 2015 or 2016 if not mistaken. Italy, Bangkok, Europe, Cyprus trip. All around the world.</p>

DavidComment
Initial 1-star score

<p>I heard that TriumphFx is arranging a trip to Cyprus for their Leadership Summit 2023 somewhere around March next year. This event are only for those Fund Managers that are qualified. My question, is this the first time they arrange such event?</p>

samReply
Initial 1-star score

Reply to comment #874

<p>info given by Don above is correct.</p> <p>i started invest with Triumph FX since 2014 till today, and i been going through all these.</p> <p>Legit link for fund management<br> tfxi.com (you may need VPN/google DNS now)</p> <p>tfxi2.com or tfxi3.com (alternate link for country block tfxi.com IP), now discontinued</p> <p>tfxi.sc (current using after Seychelles license take in place)</p> <p>meanwhile,</p> <p> under CYSEC for self trading.</p> <p>so avoid fall into scammer website which name similarly triumphfx.</p> <p>happy investing.</p>

DonReply
Initial 1-star score

Reply to comment #871

<p> and is the same. Under Seychelles Regulations. tfxi2 &amp; tfxi3.com is NOT blocked. Its closed down by the broker to comply with Seychelles Regulations. As Seychelles regulators are strict regulators, they do not allow a broker to have so many websites with the same access.</p> <p>CySEC Regulates . Both are same company with 2 different regulations.</p>

LSMReply
Initial 1-star score

Reply to comment #869

<p>Hi, to be safe from being flagged, what is the maximum RM are advised for withdrawal? Same goes to depositing…</p>

ALIComment
Initial 1-star score

<p> and <br> Why is one licensed under Republic of Seychelles and the other is registered under cyprus?<br> AS THEY ARE THE SAME COMPANY.</p>

kaisarComment
Initial 1-star score

<p>i have joined investment in triumph fx fund manager since 2017, so far so good,, they had given me a ton of money,,i get more than 140% profit,, ive taken out my capital and put in my profit to generate more, i dont see triumph fx is a scam for now,, but who know in the future..</p>

samReply
Initial 1-star score

Reply to comment #861

<p>SGD 10 referring to UOB bank SG, my other friend using DBS seems lower than 10sgd fees from her calculation.</p> <p>the fees should be charge based.on per withdrawing.</p>

WayneComment
Initial 1-star score

<p>Sam, thank you for your reply! SGD10 is for which bank? Is it different bank charge differently? And, does SGD10 of bank charges is fixed regardless of any withdrawal amount?</p>

Mendoza Guaricuco DComment
Initial 1-star score

<p>Hi, what obot this? Our license.<br> Triumph Int. (SC) Limited is regulated by the Financial Services Authority (FSA) of Republic of Seychelles as a “Securities Dealer” bearing license number SD080. </p> <p>It is from Republic of Seychelles or Cyprus?</p>

RingoReply
Initial 1-star score

Reply to comment #855

<p>I help my client performed withdrawal 1000 USD to DBS SG. It took 2 days for withdrawal (Tuesday withdraw, Thursday got the money)</p> <p>My client got 1300SGD in his DBS SG bank account🤗</p>

WayneReply
Initial 1-star score

Reply to comment #856

<p>Sam, thank you for your reply! SGD10 is for which bank? Is it different bank charge different rate? Btw SGD10 of bank charges is fixed regardless of any withdrawal amount?</p>

SamReply
Initial 1-star score

Reply to comment #855

<p>around 10sgd fees, withdrawal 1445 USD withdrawal to SG account takes 1 day to reach SG bank account amount received is 1930SGD</p> <p>normally the rate follow bank BUY rate which is reasonable rate.</p>

WayneComment
Initial 1-star score

<p>Hi, does anyone do the withdrawal via transfer to Singapore bank before? Mind to share below? </p> <p>1)Can advice what type of the charges incurred and how much? </p> <p>2) Would there be a different in bank charges rate depending on how big of the withdrawal amount? Eg. If withdraw USD1k will need to pay bank charges USD25, USD25 to pay USD40 etc. </p> <p>3) How long it takes for the money to arrive to our trading account? </p> <p>4) How to check the exchange rate used by the bank? Able to check when we submit withdrawal request? </p> <p>Appreciate your reply!</p>

JaimeReply
Initial 1-star score

Reply to comment #850

<p>I am interested to diversify my investment into this field under a professional guidance. From what I understood there are agents of Triumph to serve individually.</p> <p>Can recommend one ?</p>

DownUnderReply
Initial 1-star score

Reply to comment #852

<p>You can try Nikolay (fund manager). They pull some wonderful trades. I have invested in multiple FM within TriumphFX (). Happy to help.</p>

Wesley ChuComment
Initial 1-star score

<p>Had been observed for half a year and finally invested since Nov 2021 into Fund Management System. So far received one cycle of profits and continuing… But i heard quite a numbers of ppl has been received the profits many year ago without missed. If this is a scam, will they put so long time to bait you? To me, i just think the Fund Manager should be doing extremely good job in order to achieve this. As long as the win trade ratio is about 70%, i guess a profit of 7% every cycle should be quite promising. So worth to try may be a small amount first for beginners.</p>

SudheerReply
Initial 1-star score

Reply to comment #847

<p>Hello Rashik, can you share any link to what you are referring to, I don’t see TRIUMPH FX in the investor alert list on the SINGAPORE gov website. Please don’t spread rumors unless you ar every sure. </p> <p></p>

RashikComment
Initial 1-star score

<p>Hi, anyone can explain why Triumphfx tfxi.com is placed under investor alert list of Sin,Mal &amp; Ind. financial authority?</p>

DonReply
Initial 1-star score

Reply to comment #845

<p>Don’t ask here. Nobody knows why. Please raise a support ticket if the issue is still not resolved.</p>

Chan chee seongComment
Initial 1-star score

<p>I had done an online transfer this morning but the the amount take so long almost 8 hours and yet to be credited into trader room account, anyone know the reason why the amount is still pending for review ?</p>

DonReply
Initial 1-star score

Reply to comment #843

<p>Dear everyone, TFXI has just obtained it’s new Seychelles Financial Services Authority (FSA) Security Dealer License yesterday on 14/09/21. You may refer the license at . </p> <p>Hope this clears the confusion to some critics regarding the broker is about to scam and whatnot.</p>

DonComment
Initial 1-star score

<p>For people that are asking why Vanuatu License was deregistered on May 2021, TriumphFx (TFXI) has already obtained Seychelles Financial Service Authority (FSA) License since March 2021. Offices were already set up in Seychelles &amp; license has already approved.</p> <p>The only thing we are waiting is the license number. Was told that Seychelles FSA CEO passed away during March 2021 (You can google about it, its true)…..hence, there has been delays of obtaining the license number.</p> <p>On July 2021, TFXI legal officers have re-notify Seychelles FSA to looking into providing the license number.</p> <p>Hope that answers all your doubts</p>

SunnyReply
Initial 1-star score

Reply to comment #838

<p>License no. SD080 issued by the Financial Services Authority of Republic of Seychelles. Currently valid from 14 Sep 2021 to 13 Sep 2021.</p>

EbayExpressComment
Initial 1-star score

<p>hi there, I asked around and it seems that tfxi.com is using a seychelles license to replace the vanuatu one. Is there anyone who can confirm this?</p>

BerniceReply
Initial 1-star score

Reply to comment #836

<p>why i can’t load tfxi2 bu using computer and my friend ask me using tfxi3 to log in. It is scam?</p>

PanReply
Initial 1-star score

Reply to comment #835

<p>Hi all, I have search for these 2 website, the outcome is:</p> <p><br> license no. 293/16 (Cyprus Securities And Exchange Commission)<br> Registered Date: 22/1/2016<br> Company Registration No.: 335393</p> <p> NOT ABLE TO LOGIN </p> <p><br> license no. 17901 (Vanuatu Financial Services Commission)<br> Registered Date: 11/3/2016<br> De-registered Date: 21/5/2021<br> Entity Status : Struck Off</p>

JenComment
Initial 1-star score

<p>Hi all, does anyone have any comments on TriumphFX (www.tfxi.com or ) and its relationship to Triumph Global (Asia) Limited? I am trying to find out if they are the same company. </p> <p>I came across these news articles stating someone called Leong Koon Wah (Hermes Leong), the founder of Singliworld (a now shut-down scam forex company) is also the owner of Triumph Global (Asia) Limited. As far as I know, Hermes Leong is currently facing jail time and huge fines for his involvement with Singliworld. </p> <p></p> <p></p> <p>According to the Hong Kong Securities and Futures Commission, TriumphFX (www.tfxi.com) and Triumph Global (Asia) Limited are the same company- and they are on their alert list </p> <p>If the scammer Hermes Leong is also behind TriumphFX, this is obviously a huge red flag.</p>

InvestorReply
Initial 1-star score

Reply to comment #833

<p>Firstly there are plenty of clone websites for triumphfx</p> <p>we need to first verify the legitimate website</p> <p>there are 3 I’ve found to claim to be legitimate</p> <p><br> <br> </p> <p>If anyone could find out or proof which is legitimate then we can find out the licencing or verify licence is simple. All I’ve gathered so far the webpage link owner information are private so you won’t be able to see if the company owner. </p> <p>Any advise</p>

ChngComment
Initial 1-star score

<p>Is anyone know how to check whether triumphfx is regulated by ASIC, baFin, FCA and etc?</p>

DarrelReply
Initial 1-star score

Reply to comment #831

<p>Triumphfx.com is for retail traders, while tfxi is for financial management and pamm</p> <p>Triumphfx is regulated under cysec while tfxi has recently obtained Seychelles fsa licence</p>

ImpyReply
Initial 1-star score

Reply to comment #830

<p>Thanks for the clarification Peter. However you did raise a very good point. I heard that they’re scrambling to get a new license but that’s just hearsay. Surprisingly they have kept mum about it too. </p> <p>Additionally I’m not sure why tfxi kept on showing their Cyprus entity license in their promotional videos/presentations/website. Tfxi and TriumphFX are 2 separate businesses and the license are not shareable between the two. Is it just to mislead the future investors? Or am I mistaken about the license thing?</p>

Peter PangComment
Initial 1-star score

<p>Hi Impy,<br> You can browse to the homepage of both triumphfx.com and tfxi.com. Scroll to the bottom of the page to realize triumphfx.com is regulated under Cyprus license while tfxi.com is regulated under Vanuatu license.</p>

MasterJayReply
Initial 1-star score

Reply to comment #827

<p>SC Alert list is just to notify Malaysians that TriumpFX is not registered in Malaysia. This is true because TriumphFX is registered and regulated in Cyprus. It does not mean that TriumphFX is a scam.</p>

SYComment
Initial 1-star score

<p>I saw from this regarding the ‘Investor Alert List’.</p> <p>They are carrying on capital market activities of dealing in derivatives without licence.</p> <p>Anyone can help to clarify on this?</p> <p>I just start my investment with TriumpFx for 1 month plus only.</p>

kcComment
Initial 1-star score

<p>Hi guys, please advise which is the so-called “real website”: </p> <p>1. <br> 2. </p> <p>Thank you in advance!</p>

RICHARDReply
Initial 1-star score

Reply to comment #820

<p>For my country the withdraw now after Covid It took 7-11days. Before Covid 3-5 days. So far so good.</p>

ErinReply
Initial 1-star score

Reply to comment #821

<p>Hi Paul, </p> <p>I only just came across your message today. My withdrawal did eventually arrive in my bank account. The exchange rate used seems pretty high though.</p>

ErinComment
Initial 1-star score

<p>Hi Alex, how long does it usually take for the money you withdraw to arrive in your bank account? I have withdrawn some money but nothing has arrived in my bank account and it has been 1.5 weeks. I sent 2 support tickets, radio silence. I managed to withdraw a much smaller amount last time and it took 3 days but unsure why it is a very different experience now that the amount is much larger. It seems like everyone is very helpful until it comes to withdrawing money. This does not look good.</p>

Ndah AyimComment
Initial 1-star score

<p>It,s a scam. 100%. If you’re thinking about trading online, DO NOT join triumphantexchange. They’re thieves. I joined in February and when I wanted to make a withdrawal they blocked my Acc and asked me for 10 percent deposit again before. When I asked to call the operator by video, they used a video of someone else through another phone but with no voice. Don’t waste your money on them.</p>

KingkingReply
Initial 1-star score

Reply to comment #806

<p>U must be scam by the fake triump fx website. Withdrawal only takes less than 2 days in my case. May i know which website u invest to?</p>

Liew Won ChungReply
Initial 1-star score

Reply to comment #806

<p>I think you entered into a scam that try to trick you using a very similar name to Triumph FX which is fake . I am an investor since 2013 and have no such issue at all</p>

SamReply
Initial 1-star score

Reply to comment #806

<p>are you sure you are in Official TriumphFx real website? i have been investing since 2014 till now, withdrawal to local bank only take less than 2 days, and everything is fine till today.</p> <p>i believe you were in other scam website that using Triumphfx branding (Which is not Real)</p> <p>if you are interested in Fund management, TriumphFx did a good job since 2014, till now my capital is still there, been profit more than 300%…</p>

NorhataComment
Initial 1-star score

<p>This is scam. They let me invest. When i widraw i need to pay 10% and after i pay the commision i need to pay bitcoin again. And they block me all of my account and i didnt get my profit. So tell me this is scam or not. Give me my money.</p>

EReply
Initial 1-star score

Reply to comment #804

<p>Problem is no one knows the owners behind TriumphFX hence the lack of info is worrying. No one knows the names behind the FM like GMC etc. if they run with your attached $ u won’t be able to trace who they are!</p>

AlenkokComment
Initial 1-star score

<p>Scam? i trade with truimphfx limited since year 2016 &amp; i don’t have any problemb to withdraw my profit from their fund manager exp like GM trader, so far they makes tons of profits for me, i don’t see any scam at all..</p>

MichelleReply
Initial 1-star score

Reply to comment #802

<p>Is it normal that they change bank account quite often? I realised when I try to make a deposit every few months, they account details change.</p>

JackyComment
Initial 1-star score

<p>What is the relation between Triumphfx(cyprus) and Triumphfx limited? as i know the Triumphfx (cyprus) was a retail business and the Triumphfx limited was fund manager. is it this both are under the same broker company? Many of people said that triumphfx limited was a scammer scheme. Please advised. Thank You</p>

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