Dear Allen,
How did you get this private information? Only people close to or working for Edgar would know this. I am not in anyway being critical; just wanted to know.
Dear SGInvestor,
The delay of paying of funds from what I have heard is mainly due to some admin problem in keeping track with the large number of periodic withdrawals. They are usually quite fast in processing withdrawals to new investors to show good faith, but slower later on. I wish Edgar well too.
well, its not importantā¦ the most important is those ppl which scam edgar money, please telegraphic transfer back the money to themā¦ else, other ppl withdrawal will slowerā¦
currently the withdrawal also clear till early of october thereā¦ for those withdraw on november 12nd, i believe some of u already get the money alsoā¦
if u all think this things can invest, then go for itā¦ if u all think its a scam, leave itā¦
some investor like edgar closed not because they really scamā¦ from what they earn, they not enough to pay their staff salary, so, they declare bankrupt and those ppl which lost money will think that they scamā¦
if one bank u put 100kā¦ then the bank take ur 80k to loan out to other ppl to gain some interest to pay staff salary, then u suddenly withdraw the 100kā¦ its hard to straight pay uā¦ means bank also scam?? since u all investor also earning money, u all have the right to decide it is a scam or not and decide to invest or notā¦
edgar not only known in sabah, malaysiaā¦ other country also haveā¦ know less will be betterā¦
its the truthā¦ if u wire transfer the money, is it need around 1weekā¦ they wire transfer to edgar then scan the tt form for edgar to proceedā¦ when the money bounce back, those investor money still in their account, but edgar already proceed it and give them money in the platform i-traderā¦ and those investor withdraw and edgar pay them firstā¦ when edgar realise the money being bounce back and they didnt get any payment from the bank, now they will check everything in detail to prevent such incident happen againā¦
for those which didnt make replacement for the tt, u all dun blame when edgar didnt pay uā¦ its because the money gain inside i-trader, belongs to edgarā¦
well, everyone of u here, one day might be a director or a shareholder of a companyā¦ maybe u will open such a company like edgarā¦ if ppl say u are scamming, how u feel??? edgar just earn the 3pip per transaction,
if like tat, i think u also hope those ppl which spoil ur reputation will stop all the invest and leave ur company right?? since they also dun trust uā¦
dear all investor, from last time u invest until today, i believe u already withdraw ur capitalā¦ and u might be earn money from it alreadyā¦ so, trust or not to trust, u know yourselfā¦ for new investor, if u scared its a scam, put your money inside bank better, more safe but remember, a bank with bad management, will bankrupt anytime alsoā¦ know wad happened to RBS??
Since you are so familiar with Edgar. Iām sure many prospects are interested to know the sustainability and the going concern of Edgar. Maybe you can share your view.
(1) Are you concern that Edgar doesnāt have a physical office and only uses virtual office? i.e. Whoever that is working for Edgar likely to work from home or other places and not PwC building as stated in the website.
(2) Are you concern that Edgar keeps changing bank account and encourage investors to bank-in to 3rd party account? i.e. bank-in to different companyās acc but not Edgar International Acc, an act deemed illegal by the Central Banks.
Edgar may be a good investment company but there are quite a number of unanswered doubts on the structure and operation of this company. You canāt expect investors to invest on this company based on faith and trust right?
Unlike other investments like unit trust, the foundation understanding of those companies are known and are well regulated hence we know itās not a ponzi structure. How do we ensure Edgar is not running a Ponzi scheme?
I believe the investors can sleep even better if they know Edgar is sustainable and not running a ponzi scheme and that they are confident they can still make withrawal a year from now. Making profit is not an issue coz nobody will make losses unless Edgar decides to run away.
Why you waste your time to debate with idiots like Solai and AllenLeow? Did you get compensate from someone to prosecute Edgar, just like Solai and AllenLeow get paid from Edgar and help protect Edgarās so called reputation.
Apparently, we all know Solai and AllenLeow not the true investors in currency futures market. Because you can sense how āprofessionalā in their statement. When Solai and AllenLeow speak more and just make people feel how stupid they are. If all of you try to categorize all writers who contribute this forum, I think no one will disagree to classify Solai and AllenLeow in class of āinvestment idiotā.
Like all we said in previous comments, findings, suggestions and statements. Do we still donāt find a conclusion to Edgar, a scam?
Do any wired transfer or withdrawal need to spend more than 6 six weeks to process? So sad, Edgar Investor.
Do you see any investment company need to use snapshot to process all kind of transaction? So sad, Edgar Investor.
If Edgar make multi-million dollars investment, but they still cannot improve their admins problem? So sad, Edgar Investor.
Do Edgar Trader always keep their promise like make 15 trades in October? How many show in your statement? So sad, Edgar Investor.
How do you feel about Edgarās trader birthday party? Do you see any investment company doing such stupid thing like this? So sad, Edgar Investor.
Is that make sense to wired money to ABC account and show fund in Edgar I-Trade platform? So sad, Edgar Investor.
Is that make sense to you a multi-million investment company like Edgar try so hard to avoid regulated by Government, and Central Bank? So sad, Edgar Investor.
Is that make sense to you a multi-million trader who donāt reside in major financial market but never lost a trade in Currency Futures Market? So sad, Edgar Investor.
Is that make sense to you a multi-million trader still stolen their clientās down-line? Why this trader still have time to do such bad thing but no time to study Financial Times and Wall Street Journal? So sad, Edgar Investor.
How do you feel about the customer service of the team of this multi-million trader? Do they just look like a bunch of door-keeping dogs? Where is your customer service enthusiastic? So sad, Edgar Investor.
I really have no time to list down all doubts here. However, I truly believed that most of you already have your answer in your heart. Actually, the Edgar Investors are not stupid, but greedy. They all know this is a scam, just because of this is a scam and this mean a short time opportunity once in your lifetime. What can you say, Mark1970? To be a savior? Just save your time, let other people entertain you in this thread.
What can Singapore Agency do on this matter?? why dont u consider reporting it to U.S Commodity Future Trading Commissionā¦ they will investigate this matter for youā¦
And how can such an organisation donāt have a proper system to verified whether the money deposit from Customer, just updated the a/c depend on the TT slip without checking whether the $ r actual banked in to the co:confused:
Hi, I googled the edgar office address from the main website and found out its a virtual office. meaning they are not operated in new zealand.
look now, its not I donāt understand about risk. I am a trader my self here. but if I were to invest, I want to take a reasonable risk. not only the money I can afford to lose, but I want to know where did it lose in detailsā¦ example made a buy position on the USD/JPY. and made a loss transaction. there I know where exactly where my money had goneā¦ not just simply give money and made losses and sayā¦ ok its the risk I tookā¦
Warren Buffet told us that rule no. 1 is never lose your money and rule no.2 donāt forget rule no.1. also he invested on company that he knows and understand. he wonāt simple invest on companies that he doesnāt know even when the company made tons of $$$ā¦
the question here is do we know EDGAR??? even the gov. also donāt know edgar. using virtual officeā¦ boss also donoā¦ (public bank boss always come out news - but investment only give 10% - 30% per annum on mutual funds ) where is edgar boss??? why bank donāt invest with them???
and this withdrawal problem I think its unacceptable. my broker only took maximum 3 working days to complete wire transfer for my withdrawal. sure got something not good with the withdrawal process with EDGAR. I remembered swisscash investment before. withdraw small amount no problem. when come to big amountā¦ problem. they will give you tons of nice excuses just to calm you down. I mean if withdrawal is slow not like before, fasterā¦ there must be something bad going on with the company.
Soā¦ to me personally, I wonāt advice you to invest in edgar. as the reason above. to those who already invest, better withdraw while still can. to those waiting for withdrawal, good luckā¦ go get a better investment where you really know what risk are you up to. otherwise, just stay with EDGAR. - again this is my opinion. if donāt like what I say here, at least, do think about it huhā¦
Do you still consider yourself an Investor? No, you are definitely not. You just a risk lover in a money game of Pyramid Scheme (ponzi game in other quote).
To be an investor, no doubt they will have a deep research before they invest their money in a portfolio. As an investor, they need to know whether the company that theyāre invested has been well guarded by Government. Every Government have their own Securities Commission to maintain code of ethic in investment transaction. When something happen, then Government Agencies will step in to help to protect at least a portion of the investment portfolio for each investor. Hereās many question, they will ask.
Do trader of Edgar have a license to trade?
If yes, where is the license issue? From Edgar? Then that is not a license to trade, that it just a dealership to get business to Edgar.
How Edgar try to classify itself? A financial market? Or another middleman within the investment?
If Edgar acknowledge itself a financial market, then do they have FCM certificate? If yes, where the FCM certificate issue from?
If Edgar acknowledge itself just another middleman, then why invest money in another middleman again as a trader not really have licence to trade?
If trader have a license to trade, why this trader want to stick with this Edgar who have bad reputation to process withdrawal?
If trader have a license to trade, they this trader can trade their client fund internationally? Why just stick with a company which donāt have a management practices?
Do Edgar compliance with your local Central Bank? If no, then do you think your government donāt care about money laundering fraud from middle east?
If Edgar compliance with your local Central Bank? Do they ok to show you their authorization letter with Government seal?
If Edgar is a valid business in investment industry, why they just avoid to be regulated?
Do Edgar provide any financial report to you to show their good standing?
Wise investor, please answer. If you are not convince yourself after go over my basic query, then find evidence yourself. And I am very sure that Edgar donāt want get blame all the time here, they are more than happy to show their validity.
Then just visit to your local Edgar office and ask for below related business document. See how many document that they can show you to prove themselves not a scam. If they refuse to show, just have a bunch of people to cosign and report to police and request police companion to request those documents. Then, show the document in this thread, let all professional investor here to verify the authentication of this company. Oh, we have 2 paid employees of Edgar here. Solai and AllenLeow, why just post all below documents in this thread and show good faith of your company. Oh, I almost forgot list down all related documents here. Letās play game with Edgar, and no more guessing.
Business Permit: show your business type with local city seal. Donāt just show your business number, no one care your fake business name, fake officerās name
Letter of Authorization: show your business which was authorize and acknowledge by Central Bank, show current Central Bankās major officerās signature on the bottom of the letter, show Central Bank sign.
License to Trade: trader show your license to trade which compliance with locality government agencies such as Securities Commission
License to run financial market business: Edgar show your certificate issue from local Securities Commission to prove your local Securities Commission well aware your exist
Trading platform linked agreement: show your trading platform was well established and linked with major Commodities Exchange, this document either issue by your local Securities Commission or from Overseas major Exchanges if you trade online.
Ok, these are the major document that Edgar can prove themselves with good faith. However, I donāt think Edgar will reply this, and Solai & AllenLeow will back to comment after 10 days and say something, āI leave this upto youā, or āIf you canāt take risk, just quit Edgarā.
A true investor will not tolerate such admins problem. A true investor will not fool themselves by just waiting. A true investor will always care about risk, because that is portion of investment. A true investor will have all source to reach the information that they want.
As of you Sg Investor, no more āhopefullyā to yourself. In investment world, everything is solid, loss and gain. Never an admin problem to bother your investment portfolio.
Thanks for your suggestion in your quote. However, if Edgar not register with any exchanges which associated with CFTC. Then your complaints just merely a small rock drop to ocean. No one care you, because you invest your money in a financially unregulated company.
Oh, I should not use the term of āinvestā to relate to Edgar. To me, there is never a single investment transaction was submit to exchange from Edgar. Let me rephrase it, āIf you gamble your money with ponzi game like Edgarā. It sounds better, huh?
well, for those information i know, they already start to process the withdrawal for octoberā¦ a lot of started to deduct from ledgerā¦ even account withdraw on 12of november also get money into the account alreadyā¦
edgar lose 1.28million due to those tt rejected and go to withdrawā¦ so, they will delay those ppl which withdraw to check carefully,ā¦
bestwishes: do u know that when we use telegraphic transfer, some bank in malaysia is not allowed???
well, actually i post many of the answer but i think someone remove my postā¦ so, its useless to post much hereā¦ there is ghost inside hereā¦
its a waste of time to explain much since no ppl trust itā¦ well, to those trust, do whatever u all think worth itā¦ to those dont trust, keep on spoil other ppl reputationā¦
oh yaā¦ forget to say something,ā¦ there is some ppl which blacklist by edgarā¦ i believe those ppl is jealous because they cant earn money from edgar so, ā¦
and delete my post