Forex Zone | Forex Forum

Characteristics of scam and fraud brokers

Discussion started on Scam Brokers

  • Characteristics of scam and fraud brokers in Scam Brokers_index
  • Posts: 850
  • Points: 0
  • Likes Received: 97
  • Reputation: +2/-2
Characteristics of scam and fraud brokers in Scam Brokers_xx
The characteristics of a scam broker are usually abnormal with the trusted broker you normally use, usually a scam broker is more difficult in all respects.
#61 - June 15, 2020, 07:22:03 AM

  • Characteristics of scam and fraud brokers in Scam Brokers_index
  • Posts: 428
  • Points: 0
  • Likes Received: 101
  • Reputation: +3/-7
Characteristics of scam and fraud brokers in Scam Brokers_xx
Scam brokers are very easily recognized by experience traders, surely know the weird part about scam brokers.

Novice traders will certainly not understand and know, so novice traders should avoid new brokers, choose the old broker and already have a high rating.
#62 - July 16, 2020, 02:21:55 PM

  • Posts: 628
  • Points: 0
  • Likes Received: 59
  • Reputation: +1/-1
Characteristics of scam and fraud brokers in Scam Brokers_xx
The virtual world is a lot of elements of fraud, many brokers are scams, using traders to deposit them, the money is taken away.
Be careful of new brokers you don't know, don't make deposits.
#63 - July 28, 2020, 01:48:40 AM

  • Characteristics of scam and fraud brokers in Scam Brokers_index
  • Posts: 3601
  • Points: 0
  • Likes Received: 53
  • Reputation: +5/-7
Characteristics of scam and fraud brokers in Scam Brokers_xx



I think that a broker with a scam is a sign of prolonging his client withdrawal payments, doing cencle profit if our profits are large even though the trading is correct, not paying his client withdrawals

#64 - October 18, 2020, 10:24:16 PM

  • Characteristics of scam and fraud brokers in Scam Brokers_index
  • Posts: 1255
  • Points: 112
  • Likes Received: 175
  • Reputation: +70/-0
Characteristics of scam and fraud brokers in Scam Brokers_xx

in my opinion there are lots of brokers that have been recommended and have been proven to pay, so just use that instead of risking using a new broker that could potentially be a scam
#65 - October 25, 2020, 10:03:37 PM

  • Characteristics of scam and fraud brokers in Scam Brokers_index
  • Posts: 3601
  • Points: 0
  • Likes Received: 53
  • Reputation: +5/-7
Characteristics of scam and fraud brokers in Scam Brokers_xx
To distinguish a safe broker and scam broker, we can actually see from his history, we can dig information from a long trader in the Forex world whether the broker is in terms of deposits, and the withdrawal of funds is smooth and how long he uses the broker if he uses The broker has long and smoothly smooth, I can say it is a pretty good broker. While for the scam broker, the promo is usually excessive, if it is still hesitant to use the broker it is better to ignore it and look for other brokers whose regulators are better and clear.
#66 - May 23, 2021, 12:30:20 PM

  • Characteristics of scam and fraud brokers in Scam Brokers_index
  • Posts: 1055
  • Points: 607
  • Likes Received: 5
  • Reputation: +0/-7
Characteristics of scam and fraud brokers in Scam Brokers_xx
If we find that there is a scam broker, we should just expose so that everyone knows and no longer uses the broker, later it will also go bankrupt by itself
#67 - June 17, 2021, 07:47:19 AM

  • Characteristics of scam and fraud brokers in Scam Brokers_index
  • Posts: 1255
  • Points: 112
  • Likes Received: 175
  • Reputation: +70/-0
Characteristics of scam and fraud brokers in Scam Brokers_xx
Each broker has advantages and disadvantages in terms of service. In my opinion in choosing a broker, adjust it to the financial condition. The safe size is relative, wherever you are trading, then the funds you trade have the potential to be lost due to loss or MC. There is a good time when starting trading, especially if you start this business, place funds with small capital first, and after you are proficient in transplanting, You can place large amounts of funds. And in this case it is necessary to choose a truly convenient broker included in the matter of service. You should ensure that your funds are guaranteed or get insurance / replacement of funds when the broker experiences unwanted things, such as loss or bankruptcy.

During this time, brokers with regulation, NFA - American regulation, FSA - British and ASIC regulation - Australian / Asia Pacific regulation has a good track record. However, you in this case need to follow the rules of the brooker, because there are rules set by the broker with the regulation Not wanted to the broker? If the broker provides an answer that you know with your wishes, the broker deserves a partner in trading.
#68 - July 13, 2021, 05:25:00 AM

  • Characteristics of scam and fraud brokers in Scam Brokers_index
  • Posts: 1055
  • Points: 607
  • Likes Received: 5
  • Reputation: +0/-7
Characteristics of scam and fraud brokers in Scam Brokers_xx
The characteristics of brokers who will experience a scam are always complicating the withdrawal of money carried out by his clients, and can also have fraud like widening the value of spread with no sense
#69 - August 01, 2021, 10:26:38 AM

  • Characteristics of scam and fraud brokers in Scam Brokers_index
  • Posts: 51
  • Points: 265
  • Likes Received: 2
  • Reputation: +0/-0
Characteristics of scam and fraud brokers in Scam Brokers_xx
fraudulent broker, does not pay profit and makes it difficult to make withdrawals
#70 - November 21, 2021, 01:26:48 AM

  • Characteristics of scam and fraud brokers in Scam Brokers_index
  • Posts: 1309
  • Points: 1095
  • Likes Received: 11
  • Reputation: +0/-7
Characteristics of scam and fraud brokers in Scam Brokers_xx
the scam often happens in a broker that is less bonafit and new, then avoid using such brokers in my opinion
#71 - February 09, 2022, 12:24:30 AM

  • Posts: 4
  • Points: 504
  • Likes Received: 0
  • Reputation: +0/-0
Characteristics of scam and fraud brokers in Scam Brokers_xx
Fraudulent brokers in the Forex market are often not even always brokers, but simply people, without companies, who only position themselves as brokerage companies, but in fact are only experienced Internet users capable of fabricating a number of factors on the site they created.
#72 - September 01, 2022, 11:36:10 AM

  • Characteristics of scam and fraud brokers in Scam Brokers_index
  • Posts: 167
  • Points: 878
  • Likes Received: 35
  • Reputation: +1/-2
Characteristics of scam and fraud brokers in Scam Brokers_xx
Currently we have to be able to choose a good broker carefully, basically scam brokers are often indicated by the lure of a welcome bonus 
The big one
,and
 in the end it ends up being a scam,

#73 - December 15, 2022, 12:12:44 PM

  • Characteristics of scam and fraud brokers in Scam Brokers_index
  • Posts: 2167
  • Points: 2732
  • Likes Received: 2
  • Reputation: +0/-11
Characteristics of scam and fraud brokers in Scam Brokers_xx
Scam and fraud brokers in forex trading exhibit a few common characteristics such as promising unrealistic returns, using aggressive marketing tactics, withholding crucial information, not being regulated by reputable authorities, and having a history of complaints from clients. They may also pressure clients into making quick decisions and offer bonuses that seem too good to be true. It's essential to do thorough research and exercise caution when selecting a forex broker to avoid falling prey to these deceptive practices.
#74 - March 04, 2023, 11:08:52 PM

Members:

0 Members and 1 Guest are viewing this topic.


* Similar Topics

xx
Recommendation of broker (don't try scam brokers)

Started by Bintang on Scam Brokers

159 Replies
7258 Views
Last post June 06, 2023, 10:15:37 AM
by fxVirtuoso7
clip
SOMEONE SELL ME A FRAUD EA WITH WRONGG SETING AND TAKE THE PRICE AS A REAL EA

Started by nicolasshammas on MT4 / MT5 EAs

1 Replies
729 Views
Last post October 15, 2018, 02:14:12 PM
by Admin
xx
Zero Commission Brokers

Started by TradingJohn999 on Misc. Broker Discussion

4 Replies
297 Views
Last post April 11, 2023, 03:15:50 AM
by TradingJohn999
xx
EA Friendly Brokers

Started by TradingJohn999 on Misc. Broker Discussion

5 Replies
782 Views
Last post May 11, 2023, 04:11:04 AM
by fxVirtuoso7