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how does a scam broker look?

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andreyi1979

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a scam broker will dont show his adress and his correct licente
#16 - January 14, 2020, 06:34:02 AM

ekawahyu

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Quote from: miuncx on May 17, 2019, 02:40:33 AM
hello everyone ... I want to ask friends who are here. how do you characterize the characteristics of a scam broker?
so far i know the sign of scam broker is when they hjold your withdrawal without any explanation. that would give you a red flag that the broker is a scam, but other then that, it is always better for you to check the broker reputation before making any deposit
#17 - February 07, 2020, 08:29:23 AM

Arof

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What I have experienced for scam brokers is that it is always complicated when we want to withdraw, and usually they lure traders to deposit by giving a large deposit bonus.
#18 - February 18, 2020, 08:18:11 AM

ForexKuy

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The point is that the scam broker is very detrimental and most importantly, it does not pay our money, then runs away and the web address is lost.
#19 - February 20, 2020, 08:59:32 AM

Gombloh

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in many case broker scam is trully like your said that their website doesnt exist anymore
#20 - February 21, 2020, 12:49:22 AM

Sam86

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Fake regulation, hidden rules, not friendly rules of trading, not allowed for hedging and withdraw is too long.. and most brokers like this is dealing desk. If you want to trade use STP account or ECN.
#21 - February 26, 2020, 03:44:56 AM

instaforex

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The scam broker will usually prolong and process our withdrawal process even though we are already eligible for withdrawal. And usually this can happen in new brokers, so be careful, lest we are easily tempted by the bonus promotions given by new brokers now.
#22 - February 28, 2020, 03:40:44 AM

Anne

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When it is too good to be true. Always remember when it is too good to be true it usually is! Cheers!
#23 - March 03, 2020, 08:56:18 PM

TechnoPips

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It's dangerous if you choose the wrong broker, you will lose money.
that I see scam brokers are not transparent in terms of legality and terms of withdrawal of money, usually they only facilitate the deposit system and make complicated on the withdrawal menu.
#24 - March 11, 2020, 02:03:47 PM

AWAY21

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Quote from: miuncx on May 17, 2019, 02:40:33 AM
hello everyone ... I want to ask friends who are here. how do you characterize the characteristics of a scam broker?
Good morning sir. I have some indicator to know scam broker. First scam broker usually give us fast deposit proces but low in the widrawl. Second it has big spreed. Third usually scam broker use stop lose hunter and also have big different candle eith other broker
#25 - June 09, 2020, 03:14:01 AM

Fahmi Am

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Most of the scam brokers are new brokers, with the lure of big bonuses or rebates. After trading when the deposit will be made difficult, after that within a few days the website disappears.
#26 - August 24, 2020, 02:57:49 PM

Forexin

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Quote from: Fahmi Am on August 24, 2020, 02:57:49 PM
Most of the scam brokers are new brokers, with the lure of big bonuses or rebates. After trading when the deposit will be made difficult, after that within a few days the website disappears.
Scam brokers love fishing so that many deposit them.
be careful not to be easily tempted by a new broker offer, do not immediately make a deposit.
find out first about the broker's regulations, reviews in the media etc.
#27 - August 25, 2020, 02:10:48 AM

Jajami

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Broker scams of all things must be suspicious, for example the broker's address is unclear, the site is not good, it is difficult to contact from the live chat service, promotions that don't make sense, etc.
Anyway, scam brokers are very easy to guess, there must always be something suspicious.
#28 - September 13, 2020, 03:40:24 AM

Tahajud

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usually can be seen from the age of the broker who is still new. then see if he gives a bonus that is generally NDB, and if many cannot withdraw the NDB bonus, there will be a very strong indication that the broker will be a scam later, or very unfit to use if I think

#29 - October 15, 2020, 05:49:19 AM

Zeepr

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Be careful and be aware if the broker giving offers that feels really fantastic, for example a deposit bonus of up to 200% or the like. It should be noted that brokers will not offer anything for free without any gain to them. So, the bigger bonus offered, the more difficult requirements will be and the more likely there will be problems behind it. Many have happened when traders have already deposited to get a bonus promotion, but then later the profit cannot be withdrawn for various reasons.
#30 - October 15, 2020, 08:03:49 PM
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