TriumphFX provide no information on their website about who owns or runs the business.

The TriumphFX website domain (“tfxi.com”) was first registered on January 12th, 2008. The domain registration details were last updated on April 24th, 2016.

Unfortunately the TriumphFX domain registration is private and provides no information about company ownership.

Alexa currently estimate that 76% of traffic to the TriumphFX website originates out of Malaysia. In addition to revealing where the company is primarily marketed, this also suggests whoever is running TriumphFX is also based out of Malaysia.

A Vanuatu Financial Services Commission certificate is provided on the TriumphFX website, however this appears to be irrelevant as TriumphFX has no operations in Vanuatu.

Update 23rd July 2021 – 
Scattered breadcrumbs have
tied TriumphFX operation and ownership to Leong Koon Wah
(right).

Wah, who also goes by Hermes Leong, is a Singaporean scammer.

He was arrested in 2018 on charges related to the Singliworld pyramid scheme.
/end update

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

TriumphFX Products

TriumphFX has no retailable products or services, with affiliates only able to market TriumphFX affiliate membership itself.

The TriumphFX Compensation Plan

TriumphFX affiliates invest funds and “attach” them to TriumphFX traders.

TriumphFX traders purportedly generated profits via the third-party MetaTrader 4 forex trading platform.

When a fund manager is making profit from his trades, so does the investors. Fund managers usually call for profit sharing once per 5 weeks or more.

Clients who have attached fund to the fund managers will be entitled for profit sharing based on the total fund clients have attached.

An example on the TriumphFX website suggests the trader receives 40% of generated profit, with the remaining 60% shared with TriumphFX affiliates.

Referral Commissions

TriumphFX affiliates earn a 5% referral commission when personally recruited affiliates invest.

Residual Referral Commissions

If a TriumphFX affiliate recruits five affiliates who each invest at least $3000, they qualify for residual referral commissions.

TriumphFX pay residual referral commissions via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

TriumphFX cap payable unilevel levels at ten, with commissions paid out as a percentage of automated ROI profits.

level 1 (personally recruited affiliates) and level 2 – 20%

levels 3 and 4 – 10%

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🤖 Quick Answer

What regulatory oversight does TriumphFX maintain?
TriumphFX displays a Vanuatu Financial Services Commission certificate on its website, though this credential appears non-operational since the company conducts no business activities in Vanuatu. Domain registration details remain private, obscuring ownership information and legitimate regulatory framework.

Where is TriumphFX primarily based?
Traffic analysis indicates approximately 76% of TriumphFX website visitors originate from Malaysia, suggesting the company's operational base and primary market focus are located in Malaysia rather than other jurisdictions.

When was TriumphFX registered?
The TriumphFX domain registration occurred January 12th, 2008, with the most recent registration update documented April 24th, 2016. Private registration settings prevent public access to ownership details.

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