As insiders know, Malaysia's loose foreign exchange regulatory environment provides the soil for the prosperity of foreign exchange funds. These platforms seem to be able to operate without interference, leading to the rampant spread of Malaysian foreign exchange funds. Recently, a user exposed an issue with Omei Forex. Although Ogilvy Foreign Exchange has run away, according to users, this fund pool has not disappeared, but continues to deceive investors under the new platform name DMT Foreign Exchange.
According to the user's description, one of the pyramid schemes leaders of Ogilvy Forex is Wang Fuwen, who is a master of Southeast Asian capital markets and has guided investors to participate in Ogilvy Forex's pyramid schemes. When Aomei Foreign Exchange was unable to withdraw funds, thousands of victims had no way to defend their rights. These MLM leaders seem to be able to get away with it and have opened a new fund account on the new platform DMT Foreign Exchange.
The DMT foreign exchange model is that as long as funds are managed on their platform, they can easily make money. They claim to be trading for investors, but in reality, they have utilized a multi-level distribution bonus system in the capital market. The more investments they make, the higher the returns, and the higher the rewards for the broker. This model encourages investors to attract people to invest.
It is reported that the way DMT attracts people is different from other capital or pyramid schemes. According to insiders of DMT, in their model, fund managers are held by independent individuals or teams, and do not belong to securities firms or DMT. These fund managers will provide trading services for investors.
And everyone can become a fund manager, without a license. Whoever wants to become a fund manager, just provide:
(1) Contact DMT customer service
(2) KYC's true identity
(3) Provide written financial work experience and proof of actual operation
(4) Which securities firm should I choose to deposit at least $10000 with my own funds
(5) Starting a solid trading period of 3 months, if the review is approved, it will be decided to impose requirements on the fund manager for the trading positions of 70/20/10, 65/20/15, and 60/20/20. During the trading period, principal safety and risk control should be the first priority, and only one transaction can be made at the same time. The next transaction can only be made after the transaction is completed. For example, for $10000, the monthly trading should be maintained between 2040 standard hands, with a single withdrawal of 3% -5% -7%.
In this mode, people are everywhere pulling their heads and showing a reaping posture. Which investor dares to trust their funds for trading?
Ai Hui Cha Reminder
Before investing, investors need to have a certain level of financial knowledge and risk awareness. Firstly, it is necessary to choose a formal and reliable investment platform. Legally operated investment platforms often have relevant financial licenses and certification from regulatory agencies, which can to some extent ensure the interests of investors. Secondly, sufficient investigation and understanding should be conducted. Understanding the background information, operation mode, core team members, etc. of an investment project can help investors determine the reliability and potential risks of the project. Finally, do not blindly pursue high returns. Investment needs to consider the investor's own risk tolerance and long-term investment planning, and not be fooled by temporary interests, leading to financial losses.
