Forex Zone - Forex Forum

Cheating is usually done by a broker company

Discussion started on Forex Education

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 111
  • Reputation: +4/-0
There are many scams committed by online brokers, one of which is to provide a no deposit bonus promotion, but traders may not be able to make any withdrawals, the way brokers always dodge.
#76 - January 06, 2021, 04:24:47 PM

  • Sr. Member
  • Posts: 433
  • Points: 69385
  • Likes Received: 8
  • Reputation: +0/-0
although not all brokers are cheating, we must remain vigilant, especially when we choose a broker because many brokers are cheating compared to honest brokers.
#77 - January 07, 2021, 01:26:19 AM

  • Hero Member
  • Posts: 701
  • Points: 5910
  • Likes Received: 39
  • Reputation: +1/-1
I am also often cheated by scam brokers, but after I found a good and trusted broker who has never been cheated again, be careful for new traders who will choose a broker for long-term trading.
#78 - January 07, 2021, 04:56:52 AM

  • Sr. Member
  • Posts: 330
  • Points: 262
  • Likes Received: 5
  • Reputation: +1/-1
Usually the cheat broker does things like widening the spread bigger, do freeze when the price is very volatile, inhibiting the withdrawal of money we do and so on, so it is very important that we selectively choose the broker that we will use
#79 - June 29, 2021, 12:39:19 PM

  • Hero Member
  • Posts: 1214
  • Points: 938
  • Likes Received: 29
  • Reputation: +5/-5
so in using or choosing a broker we can see it from how it is regulated, so that we will not experience this fraudulent thing when trading
#80 - July 02, 2021, 03:40:36 PM

  • Hero Member
  • Posts: 518
  • Points: 400
  • Likes Received: 5
  • Reputation: +0/-4
if we find a broker who commits fraud, you should immediately stay the broker because it is very detrimental to us and very disturbing
#81 - July 05, 2021, 07:55:44 AM

  • Hero Member
  • Posts: 1214
  • Points: 938
  • Likes Received: 29
  • Reputation: +5/-5
usually the fraud committed by the broker, among others, is to increase the value of the spread to a very large amount or shift our stop loss or profit target
#82 - July 09, 2021, 03:16:15 PM

  • Hero Member
  • Posts: 691
  • Points: 2060
  • Likes Received: 39
  • Reputation: +2/-0
there are but not all, we should not think negatively about the broker because somehow we also need a broker, therefore we should first check how the broker is
#83 - July 09, 2021, 04:13:52 PM

  • Hero Member
  • Posts: 625
  • Points: 598
  • Likes Received: 6
  • Reputation: +0/-4
What is often done by brokers that cheat to his clients is often doing requotes, often shifting stop losses and our profit targets, prioritizing the process of withdrawing our money and others
#84 - July 13, 2021, 10:08:08 PM

  • Hero Member
  • Posts: 612
  • Points: 127
  • Likes Received: 36
  • Reputation: +2/-0
there is such a thing but not always done by the broker, because the error or cheating actually can not be detected for sure, it could be the broker making up or accusing us of cheating when he himself is cheating
#85 - July 19, 2021, 08:44:51 AM

  • Hero Member
  • Posts: 1055
  • Points: 607
  • Likes Received: 5
  • Reputation: +0/-7
cheat brokers are usually often delayed withdrawals carried out by their clients, or raising the value of the spread with unnatural
#86 - August 01, 2021, 10:42:31 AM

  • Hero Member
  • Posts: 632
  • Points: 560
  • Likes Received: 5
  • Reputation: +0/-6
fraud carried out by a broker, which in my opinion is quite often done is to spread the value of spread very largely, or beyond our sense
#87 - August 15, 2021, 10:31:55 PM

  • Hero Member
  • Posts: 632
  • Points: 560
  • Likes Received: 5
  • Reputation: +0/-6
If we find a broken broken broker then we can immediately leave it directly, and we are looking for other brokers who are more credible and more reliable, because there are lots of broker choices
#88 - August 21, 2021, 07:12:26 AM

  • Hero Member
  • Posts: 530
  • Points: 17
  • Likes Received: 21
  • Reputation: +10/-4
I've also heard like that but it would be nice if we shouldn't accuse indiscriminately if we can't prove it, it's mostly like that but there are also many honest brokers like some I use, so my advice if you have evidence you can do that
#89 - August 26, 2021, 07:20:24 AM

  • Hero Member
  • Posts: 729
  • Points: 159
  • Likes Received: 51
  • Reputation: +3/-0
not all brokers are like that I know a fraudulent broker means they do not have good regulations, therefore we can choose and be careful in using a good broker because by using a good broker you will also be more comfortable in making transactions because this is related to money big enough later
#90 - August 27, 2021, 12:30:06 AM

Members:

0 Members and 2 Guests are viewing this topic.