How to avoid from the scams and deceptions in the trade

[monyitomon]

Just find some good broker site because you know this kind of business is a win-win, when it's actually a popular Forex broker the chances of scamming you is really low. Just don't believe those new Forex broker offering some unrealistic bonus.

 

[Cutiekc]

Just find some good broker site because you know this kind of business is a win-win, when it's actually a popular Forex broker the chances of scamming you is really low. Just don't believe those new Forex broker offering some unrealistic bonus.

Now,people don't make the right steps in figuring out a good broker they only make use of brokers that offers good rewards and broker that ohas a paid to post forums where some points can be earn while sharing our knowlegde,though,what i am not in support is going for a broker that offers reward after creating accounts with them.

 

[ryuken]

I think we have to see how the people are into scamming like say the program and the brokerage. so better to do your homework before adding the money. I would thnk twice before making any sort of purchases. I don't think there are any other ways to consider for that.

 

[monyitomon]

I think so as I only created an account in those Forex brokers that sponsoring some Forums so I will just use those Forums to gather some good amount of bonus for me to use in trading. But of course those brokers are reputable.

 

[PROPENSITY100]

Though I myself have never heard about a scam broker or face withdrawal problems, I think the best way to avoid getting caught in scams is to read forums regularly and learn from experiences shared by other traders. Its only through reading reviews and experiences written by other traders that help us to avoid scams.

 

[Syrine22]

Yeah that's true.Apart from we doing proper researching,we could as well be getting good brokers from traders that post at forums.we could also be knowing what the broker wants when we using his site easily.

 

[Razor1911]

Talking about scams, then there will always be some scam brokers will around the internet. But we should always carefully select with which broker we should go. There are some good broker which are regulated as well as provides good trading tools, so we should always choose the best.

 

[ryuken]

I think scams are going to be there for quite some time. I know for one more reason that sometimes it is quite better to understand how one can do well in the way people are going ot be not scammed. I would spend time and money wiht the market most of the time.

 

[kasual]

my concern in this case is brokers that also become stop loss hunter. even though not all brokers do dirty trick like that, every traders still need to be careful and place their stop in unreachable area. although actually its still not prevent those stop loss hunter make traders loss.

 

[budado]

First of all before you open a real account try to do research first. Make sure you invested in a hyip site that is trusted. Because I don't see any reason why I'm going to invest my time and money in a forex site if its just going to turn out to be a non paying and scam forex site. So always check before you invest.

 

[rexway]

That is true research is the only way which we can get more trust from which ever broker we chose so we dont have to give a dam here what we need to do is to try our best and do this simple research to be on the safe side.

 

[ryuken]

I think asking other members for the opinion and some of the ways to manage the scam is the way to go. I would spend some of the time there and see if that works. it would be good to see if that works and if it doesn't then we have to use other means for the same.

 

[Taha Nizam]

I think we have to see how the individuals are into ripping off like say the system and the broker. so better to do your preparation before including the cash. I would think twice before creating any kind of buys. I don't think there are any other methods to consider for that.

 

[Cutiekc]

Well,there are no much scams in forex trading to compare with other online programs like hyips and the rest of them,greedy and lazy trader are those who often fall victim of forex trading scams,which are dealing with a non regulated broker and also purchasing a common trading system.

 

[riddick09]

I think it's because, there are more of HYIP than Forex brokers apparently. But then, this doesn't mean that we will not have possible scams in this field. Surely, there are still many scammers around trying to lure and probably invest in the wrong hands or like partnership which give something to get attracted.

 

[kasual]

hyip program basically is scam and its only a matter of time when they will become scam. when in forex trading, we are dealing with broker that have low back up capital and not regulated. they are bucket shop broker and will not paying traders for high amount. both investment in hyip program and involve in currency trading is risky. we should recognize the risk before decide to involve.

 

[Markllee30]

Forex is big platform so here everyone earn more, I have found some broker offer good bonus and freeze money, don’t allow to withdrawal money that’s scam broker. I will suggest to all, always chose regulated, reliable and trusted broker.

 

[budado]

About scam. Its good if we can find ways and means to do research. So far I have joined so many broker sites and I invest in all broker sites that I joined but after a month or two I decided to cashout my investments until I reach a point that I only have one broker site. For me this is the only way to pick a good broker site.

 

[Cutiekc]

No matter how muuch we prevent this from happening yet it will still happen hence there are some greedy people,and each and everyone of us has the tendancy of being greedy,so therefore in other to prevent scam we should avoid so,e new non regulated brokers that offers great bonus just for a start.

- - - Updated - - -

No matter how muuch we prevent this from happening yet it will still happen hence there are some greedy people,and each and everyone of us has the tendancy of being greedy,so therefore in other to prevent scam we should avoid so,e new non regulated brokers that offers great bonus just for a start.

 

[monyitomon]

If you see a new Forex broker and offering a good amount of bonus, I think it's just fine to take chance, but when it's asking for deposti then don't put your money, until you find that you can trust that Forex broker, when it's a regulated broker. I have seen many Forex brokers that offering bonus, but those are new, and still need to find referrals. So, I'm just ignoring those.