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Frauds of Forex.

This forum is for new and aspiring Forex traders. Trading can be very risky but can also bring great rewards. No one starts with continuous success but many continue with the success. It's a continuous learning, unlearning and learning again. Ask your questions, share your frustrations and also smiles of success. The objective is to have more and more smiles. Hoping to have the pros to frequent this playground to coach the new team here.
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Re: Frauds of Forex.

Postby Gozmit » Thu Jul 27, 2017 4:24 am

Yes, there are lots of broker online and hence it becomes very much difficult for the traders to select an appropriate one. Thus a trader need to have proper research before getting involved into any of such brokers.
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Re: Frauds of Forex.

Postby Sebastian Abney » Mon Sep 04, 2017 1:17 pm

Frauds in Forex are common and there is really no way to avoid it completely, but we can certainly reduce getting scammed. This is only via proper research and planning it accurately. I have crossed the fraud story through help of OctaFX broker, as they are one of the finest broker out there with been regulated by FCA and are also a true ECN and that too an award winning one, so I feel absolutely great working with them and benefits me a lot.
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Re: Frauds of Forex.

Postby radex78 » Tue Sep 05, 2017 9:50 pm

Gozmit wrote:Yes, there are lots of broker online and hence it becomes very much difficult for the traders to select an appropriate one. Thus a trader need to have proper research before getting involved into any of such brokers.

Yes there are more thousand broker on forex world, and might not all them is safe company, looking trusted broker also need make research and experience, but however forex remain risky, spent money that afford to lose is become golden rules investing money on forex business
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Re: Frauds of Forex.

Postby Gozmit » Wed Sep 06, 2017 4:59 am

radex78 wrote:
Gozmit wrote:Yes, there are lots of broker online and hence it becomes very much difficult for the traders to select an appropriate one. Thus a trader need to have proper research before getting involved into any of such brokers.

Yes there are more thousand broker on forex world, and might not all them is safe company, looking trusted broker also need make research and experience, but however forex remain risky, spent money that afford to lose is become golden rules investing money on forex business


Of course, if you wanna find the one suitable broker for you, you will have to do lots and lots of research and also you have to deal in with small capital at first to check its legitimacy, later you could increase your investments.
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