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Discuss NordhillCapital.com (Maksim Sepp)

General discussions of a financial company
Investors priorities are as follows:

It's a scam until proven otherwise, as there were lack of official evidences and documents, with both Beneficial owners of nordhill/sfx markets hiding behind the screens, and their marketing IBs pushing away the responsibilities to SFX which is likely going to disappear very soon.

What a very foolish and childish statement.

SFX is a typical offshore Caribbean (St Vincent and the Grenadines) brokerage.
They provide the 400:1 leverage many retail clients yearn for, and Nordhill Capital provides/provided the aggressive double-digit monthly returns.

In the current banking climate, it is VERY DIFFICULT for offshore brokers (St Vincent, Vanuatu, Marshall Islands, Estonia, Labuan, Seychelles, among others) to obtain any type of banking license.
Most of them have therefore been forced to use EMI (Electronic Money Institutions) which provide an IBAN somewhere like Lithuania or the Czech Republic most typically.

The notice on https://www.sfx-markets.com/ is honestly more than many regulated brands have done when going into liquidation.
(Meaning, they still allow deposits by credit card, Crypto, etc while client funds are frozen / they cannot process outgoing bank withdrawals.

If you don't want to trade with a brokerage like this, then there are literally 100 UK/EU/US/AU regulated firms you can choose from. But if you do trade with a 400:1, it's ridiculous to not accept that this type of issue may occur. It is literally the exact same as investing in an offshore casino. Nothing wrong with either, but don't expect to receive the same level of regulatory protections from a conservative onshore brokerage!

Happy trading.
 
I will say however, it is definitely reasonable to request PROOF from SFX Markets of the frozen funds with whomever their bank/EMI is.
 
What a very foolish and childish statement.

SFX is a typical offshore Caribbean (St Vincent and the Grenadines) brokerage.
They provide the 400:1 leverage many retail clients yearn for, and Nordhill Capital provides/provided the aggressive double-digit monthly returns.

In the current banking climate, it is VERY DIFFICULT for offshore brokers (St Vincent, Vanuatu, Marshall Islands, Estonia, Labuan, Seychelles, among others) to obtain any type of banking license.
Most of them have therefore been forced to use EMI (Electronic Money Institutions) which provide an IBAN somewhere like Lithuania or the Czech Republic most typically.

The notice on https://www.sfx-markets.com/ is honestly more than many regulated brands have done when going into liquidation.
(Meaning, they still allow deposits by credit card, Crypto, etc while client funds are frozen / they cannot process outgoing bank withdrawals.

If you don't want to trade with a brokerage like this, then there are literally 100 UK/EU/US/AU regulated firms you can choose from. But if you do trade with a 400:1, it's ridiculous to not accept that this type of issue may occur. It is literally the exact same as investing in an offshore casino. Nothing wrong with either, but don't expect to receive the same level of regulatory protections from a conservative onshore brokerage!

Happy trading.


If your statement is defending that they are unlikely a scam, then why are they expelled from FCA? Why are they not paying withdrawals since october 2018? Why are they not accepting the invite from FPA for forum discussion? Why are they stating that they are regulated by svgsfa when sfa of svg stated that they do not regulate forex. Why did they need to use other broker licenses in UK that FC complaindd that they were trying to fraud consumers? To date, SFX is a scam and time has proven that. Do u know how much money is involved and how many lives are in trouble over these monies.
 
If your statement is defending that they are unlikely a scam, then why are they expelled from FCA? Why are they not paying withdrawals since october 2018? Why are they not accepting the invite from FPA for forum discussion? Why are they stating that they are regulated by svgsfa when sfa of svg stated that they do not regulate forex. Why did they need to use other broker licenses in UK that FC complaindd that they were trying to fraud consumers? To date, SFX is a scam and time has proven that. Do u know how much money is involved and how many lives are in trouble over these monies.

I have nothing to do with this broker first of all but -

1. Brokers don't typically participate on forums because once they open that door, it never closes.
2. SFX is registered in St Vincent. How were they expelled in the UK/FCA?
3. The issues with Tallinex, SFX, and many other offshore brands due to bank wire restrictions is not new (as you said, October 2018) and I agree they should provide proof of frozen funds - but to scream "Scam!" is also ridiculous. They could have easy disappeared and not be posting on their website.
 
I have nothing to do with this broker first of all but -

1. Brokers don't typically participate on forums because once they open that door, it never closes.
2. SFX is registered in St Vincent. How were they expelled in the UK/FCA?
3. The issues with Tallinex, SFX, and many other offshore brands due to bank wire restrictions is not new (as you said, October 2018) and I agree they should provide proof of frozen funds - but to scream "Scam!" is also ridiculous. They could have easy disappeared and not be posting on their website.


Maybe tell us if sfx markets is owned by the folks indicated in this link. This is one of the only few pictures of the people behind sfx markets. News source indicated it’s an Asian company.

http://www.profi-forex.us/news/entry4000007462.html
 
I have seen their sales team at conferences before in Asia, never in Europe however.
And I do believe they are an Asian firm but I don't know them.
 
Every updates is just rumors, hear-say, excuses, because there's zero way of getting back the money already, since naive investors and IBs choose to listen to them is the most silly way of doing things.
In this industry there's only a need for transparency, with transparency there's no need to question about legitimacy and honesty. But naive investors and IBs choose to believe in holy grail that doesn't exist, all the signs point to the same scam that will eventually unfold.

Nice drag from Oct to Dec 2018 before announcement on on jan 2018, dragging fools for another 6 months until the company has already long moved on, and de-register itself for all possible domains.
Everything will not be renewed and will just be settled to dust...

As for Fmrbrokerexecutive, this is a scam, doesn't matter if there are some ok brokers from SVG, majority is just scam, this is why newbies should avoid unregulated brokers and fake trading programs at all costs. If you are veteran and seasoned trader, you are able to tell but not for naive investors who join and invest bc of friends and IBs.

This is small nonetheless when compared to GCG Asia and MIA that just went good game as well. The only reason why the excuses and reasons were as such, wasn't due to the normal investors, but because there are IBs who will not buy the crap of trading losses.

Good luck and have fun man...
 
I have nothing to do with this broker first of all but -

1. Brokers don't typically participate on forums because once they open that door, it never closes.
2. SFX is registered in St Vincent. How were they expelled in the UK/FCA?
3. The issues with Tallinex, SFX, and many other offshore brands due to bank wire restrictions is not new (as you said, October 2018) and I agree they should provide proof of frozen funds - but to scream "Scam!" is also ridiculous. They could have easy disappeared and not be posting on their website.

To answer your questions, most if not all legit brokers will send their representative to FPA when there's a case open, at least to reply and then take it personally with each customer to resolve. But currently, it's not 1 customer but every customers.

You are right, most offshore brokers will just do a force majure alike MIA491, FintechFX or IGOFX, or JJPTR they will just make fake losses and refund remaining 0-5% if any.

But you do not understand the business nature of SFX or nordhillcapital itself. SFX or nordhill is not afraid of doing fake trading or force majure to their customers if their customers had been retail clients only. They are trying to delay, and cooking up with new and fake stories is because they are facing their IBs and Corporate clients who were guaranteed, and these people ain't no jokes, they are not new and they had assumed sfx/nordhillcapital had real trading done and able to deliver returns so far because their ROI has been consistently low enough to reduce the risks, but they were wrong.

So the entire situation is facing off with IBs and Corporate clients, not the retail ones. The IBs and Corporate clients are enough to do something against them if they had knew their money are gone, so they had to delay and cook up stories and blame everything to SFX Markets, and soon enough it will disappear.
 
Once again, you're speculating Peter.
Considering dozens of offshore brokerages *have* had their bank/merchant accounts frozen the last year - you have no evidence this brokerage is a total scam as you repeatedly suggest.
I know several honest brokerage CEOs who have had their accounts closed and funds frozen recently. I don't know this brokerage but it would not surprise me.

People need to recognize the deposit bonuses, crazy high leverage, etc with these offshore brokerages comes with enormous risk that cannot be ignored. Nothing lasts forever.
 
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