Characteristics of scam and fraud brokers

Posts: 18 · #76 - June 25, 2025, 08:12:27 AM

There might be lot of things which identify a scam broker like manipulated price feeds, spikes in prices and sl hunting etc however it is possible to avoid these brokers by just searching their reviews and doing proper research before going with trading live on any broker.

Posts: 19411 · #77 - June 25, 2025, 11:42:48 PM

Quote from: Univer on November 14, 2019, 03:22:31 AM

Being a trader is not easy, one of the obstacles is when trading with a scam broker.
Think carefully about choosing a broker, don't get caught up in bonus promos.

Statements like this are very wise and reflect a mature understanding of the trading world. Trading is challenging, and choosing a broker is the main foundation. Many fake brokers disguise themselves with the lure of bonuses, high leverage, or "auto-profit".