The internet holds countless opportunities for investors to grow their portfolio. But it also comes with scheming opportunists who will use any method to rip off these hardworking investors. Online trading platforms are among the most common methods scammers use. They promise investors quick money with low risk involved and assure beginners that they do…
Ever misplaced some money or lost your wallet with a significant amount of cash in it? The frustration is almost unbearable. Now picture losing a lot more, thousands or hundreds of thousands to a scam. The worst part is that your hard-earned money ends up in the pockets of the masterminds behind the scam. As…
If you have ever lost your hard-earned cash to a forex broker, then you know that forex scams exist. Yet, there are many legit Forex brokers too. What’s important is to conduct your due diligence before you proceed to deposit funds and start trading. Is FX BFI a legitimate forex broker? Is it regulated? Have…
Moneta Markets is a relatively new entrant to the online financial assets trading platform market. It was founded in 2020. The platform seems to be a hit with many traders despite its relatively young age. If this broker’s attractive branding elements and promising albeit confusing licensing declaration has caught your eye, and are about to…
Forex trading provides the most significant financial market, and many brokerage firms have established stellar reputations based on their ethical trading practices. Yet, it also gives scammers a lucrative opportunity to steal money from unsuspecting traders. With this in mind, you need to be very careful not to land in the hands of unreliable forex…
We cannot stress this enough. There is no easy way to make money. And there is no risk-free investment. If this were the case, everyone would be filthy rich, and 9-5 jobs would be a thing of the past. Yes, regulatory bodies issue sanctions against companies that do not act in the best interests of…
A fact of life is that no money comes easy. Any promise of making cash fast, with little effort and no experience is cheap talk. Forex trading, in particular, requires analyzing trading patterns and market conditions. You have to understand how the industry works and learn how to distinguish between fraudsters and genuine online brokers.…
Few things beat the frustration and bitterness you get from losing money to scam forex brokers. A referral by a trusted friend or curiosity stirred by an ad promising you financial freedom could quickly degenerate into the loss of your life’s savings. Scam brokers are all over the internet. But this does not mean that…
Is Euro Prime masquerading as a legitimate forex and CFDs broker? Is it regulated by a reputable regulatory body? If you are looking to invest your money with this firm, hold on for a minute. Read this detailed review first to get the lowdown on this broker. But, if you have lost money trading with…
The number of unsuspecting investors losing their money to scam forex brokers is growing daily. And the worst part is that you cannot easily tell honest brokers from fraudulent dealers. You need to know the red flags and dig deep into their reputation. You should not trust the façade they put on their website. Let’s…