In online forex trading, there is an assumption that brokers based in countries with strict finance regulations are genuine. The United Kingdom, the United States, Canada, and Australia are among the most trusted. Unfortunately, scammers are not faking their legitimacy by falsely claiming that their offices are located in these countries. It appears that this…
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Losing money in trading scams is not uncommon. Scam forex brokers use relentless account managers who pressure unwary and unprofessional investors into investing money in high-risk trades only to lose it unfairly. You get juicy incentives, such as gifts and bonuses once you open an account, trade, or upgrade to keep you in their tentacles.…
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With so many online brokers in the market, choosing a genuine company can turn out to be a daunting task. There are numerous testimonies of people who have made sizeable profits from forex trading and an equal number of people who have been duped and lost their life’s savings to scams. We cannot condemn all…
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There are many ways to spot an online scam broker. Lack of proper regulation is the biggest red flag. Regulatory bodies ensure that the company always has the customers’ interests at heart. If the broker is not under this regulation, expect the worst. You have probably come across Brokerz, an online trading platform that boasts…
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Have you chanced upon the OctaFX website and wondering whether this broker is a scam or legit? Would you like an OctaFX review that will answer any queries or doubts you might have about trading with OctaFX? Then this OctaFX review is for you. OctaFX is one of the most popular FX brokerage sites online…
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You are launching your FX trading career and have stumbled upon the London Capital Group (LCG). The website looks credible and you like their fees and services. LCG has a tier-1 jurisdiction license and an additional tier 2 license. You are ready to deposit your cash with LCG and kick off a successful trading career.…
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Is 10CFDs a legitimate forex and CFDs broker or a scam? Should you invest your hard-earned money with this firm? Are there any concerns regarding its financial dealings? 10CFDs claims to offer you an opportunity to reach your trading potential through personalized education. You also gain access to global financial markets – flexible access that…
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Most people are under the impression that proper regulation is confirmation that a forex broker is safe to work with. But this is far from the truth. Online brokers know that a customer will check its regulation first before committing their money. For this reason, most of them have proper regulation. Fortrade Review Should you…
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A well-known fact in FX trading is that 90% of all retail traders fail. The brokers at uBanker understand this and are leveraging the newbie trader’s lack of experience, strategy, and discipline to propagate their scam. This uBanker review will uncover this suspicious brokerage firm’s game plan. We will prove that uBanker is an unregulated…
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Is Tradezmarket.com a genuine forex broker or an unregulated scam masquerading as the real thing? Is it regulated, and by whom? Have any investors filed complaints about losing their money after trading with them? Tradezmarket describes itself as “an independent world leader” in managing large accounts. It boasts of having the safest trading platform and…
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