How to Avoid Forex Trading Scams in 2020 - ForexBrokers.com
Forex Scams - Scam Detector
Forex Broker Blacklist 2020 Forex Scam Brokers
How to Identify And Avoid Forex Scams - Admiral Markets
Is Forex a scam?
I have seen a number of my friends join some sort of foreign exchange group. The most common one being "Tradehouse Investment Group" from what I've seen. Are these pyramid schemes / mlms? If so, how do these operate because they don't seem to be selling any products? Edit: I have checked the FAQ and I couldn't find any info on this.
A friend of mine sent me a link to a zoom call for Forex the guy was talking to me about it . The whole time the guy was talking I wasn't sure if he was bullshitting me or telling the truth. Has anyone on here had experience with it and tell me what it was like and was it worth it?
So many people at my college are getting on it. The scheme is sign up with one person to teach you how to actually trade. This comes with a $200+ fee. From there, your goal is to go and find your own people and essentially recruit them. In the end, you’re making money off of your recruits and off of forex. Money scales to the amount of people under you, so say you have 25 people that you’ve brought in, you’d make about $250 a week and so on. I feel like this screams pyramid scheme. I’m interested yes, but my doubts are very strong as it is being marketed towards people that don’t really wanna put the work in to earn money
Don't know much about it, and Google is polluted with low quality "articles" that make me think that if it is a scam, they are part of it! Anyway, I'm just curious what your take on it is. Is there a reliable, good quality resource to learn about it? Is it even worth taking the time? Thanks!
So Darn Easy Forex - I think its a scam but not sure
Hey guys so ive been prowling the internet in search of all things forex and i came across this guy on youtube called Yusef Scott. Every trade he makes, he wins, and he wins big. Were talking 20-100k a trade in profits. All his videos are very watered down and just talks for the sake of talking. He doesnt actually spill any information. However he does show befores and afters of trade alerts he gives out to the public for free which are legit. Anyways he sells training programs that he claims thousands of students praise. All his reviews on his website are obviously fake and paid for. I mean, they all are those stockphoto type of people leaving ground breaking reviews saying how this program made forex easy to understand and how Yusef has changed their lives. BUT. Outside of all his reviews which youll find on his site, you wont find a single review on another website that reviews these trading programs. You will only find reviews of his product on his page. Other than that, hes a ghost. He has an instagram and all that, but its the same watered down motivational garbage that every godly forex guru uses to try and sell you their product. Its really fishy but i cant quite say 100% that its a scam, but im like 90% sure its another fish in a sea of forex education scams. Thoughts? Let me know what you guys think!
In these difficult times, please be aware of trading/investment scams
In these difficult times, when many people may be losing their jobs, I wanted to draw attention to share trading/investment scams. They’re relatively easy to recognise if you’re familiar with their ways of working: they usually approach people out of the blue, offer fast or big returns, promote a lifestyle many of us wish we could have, don’t want to discuss the risks and they’re not regulated by the FCA. Now I’m not a finance expert and don’t know the ins and outs of the regulatory work but I know that I should only deal with companies with a good public presence that are also FCA approved. If they start dodging questions, it’s a clear sign that they may be up to no good. I was approached by someone on Reddit today offering investment account management promising returns in as little as 7 days. Their profile is full of photos of someone living a lavish lifestyle and sometimes looking at a few charts. They were super quick to respond to any question but suddenly went quiet when I asked about the FCA. Again, I’m not an expert and some offers may be genuine. But now that many of us are struggling, it’s important to be extra careful and avoid potential scams as much as possible. The FCA has some good guidance on their website about these scams and how to avoid them. Stay safe, all.
Ever since i started business, I've noticed this cancerous trend of young and old entrepreneurs who have been promoting the "Marketing Master" "Dr" Azizan Osman, who has been exposed in Malaysia for his fake PhD's (but people are just gonna give him a pass so they can feel good about wasting their money to sit in his VIP seminars). Local entrepreneurs who have been duped into his cult "mentorship" will mention his name in every newspaper, radio, video interview to promote him. They will sound very confident about how they have "mastered marketing". There are some youtube videos of his giving business and marketing advice with the emotional background music to lure local entrepreneurs into his trap. His ticket prices go up to almost 4000 myr, and its mostly marketing or business advice you can get from a nice cheap book or browsing the internet or those awesome Jack Ma (alibaba.com) videos (free) on youtube. Why am I so salty? Coz i have a special hate in my heart for MLM's and MLM-ish cults and their deceptive methods of bleeding our people dry, and i hate that his cult slaves are promoting him everywhere. Now I know that mentioning his name here might promote him in a way, but i trust that the majority of the reddit community will not fall into his trap. I wanna know what people think of this cult movement being present in Brunei. Even in the west, marketing or business coaching is considered a new way of ponzi or scamming people. Here is some logic, if youre successful you will share your knowledge for free. This is similar to the "Master Forex Trader" scam where they charge people to teach them how to be a master, and if things go south its your fault, not the scammer.
Cyb3rnub: Signal Seller Scam, Forex-Robot Scam, Point-spread Scam.
The Signal seller scam. Signal sellers will claim to identify best time to buy or sell a currency pair. Forex robot scams. A forex robot is trading program that enter and exit trades automatically. The Point-spread Scam. The point-spread Scam based on Computer manipulation of spreads. Be careful out there and do your full research before you venture into any Fast money Making investment. Our Coinburrow Algorithm still available.
Someone posted on here a few days ago asking about forex and forex trading in Kenya, I have gone through the responses and clearly, most people don’t have an idea. It is 3am in the morning and am in a good mood so let me make this post. This will be a comprehensive and lengthy post so grab a pen and paper and sit down. We’ll be here a while. FIRST OF ALL, who am I..? I am a forex trader, in Nairobi, Kenya..i have been actively involved in forex since I found out about it in Feb 2016 when I somehow ended up in a wealth creation seminar (lol) in pride inn Westlands, the one close to Mpaka Rd. Luckily for me, it was not one of those AIM global meetings or I’d be on Facebook selling God knows what those guys sell. I did not take it seriously till August of the same year and I have been active ever since. I don’t teach, mentor or sell a course or signals, I trade my own money. I am also posting from a throwaway account because I don’t want KRA on my ass. What the fuck is forex and forex trading. In simple plain English, forex is like the stock market but for currencies. Stock Market = Shares, forex = currencies. If you want more in-depth explanation, google is your friend. These currencies are pegged on specific countries, united states- dollar, UK- pound, euro zone- euro, Switzerland- Swiss franc, Kenya- Kenya shilling.. you get the point. Now, there are specific events and happenings between these economies that affect the movement and values of the currencies, driving their value (purchasing power up and down). Forex trading exploits these movements to make money. When the value is going up, we buy and vice versa (down –sell) Is forex trading illegal in Kenya? Is it a scam? Illegal, no. scam, no. All the banks in the world do it (KCB made about 4 billion from trading forex in 2019) Have there been scams involving forex in Kenya? Yes. Here is one that happened recently. This one is the most infamous one yet. Best believe that this is not the end of these type of scams because the stupidity, greed and gullibility of human beings is unfathomable. However, by the end of this post, I hope you won’t fall for such silliness. What next how do I make it work..? Am glad you asked. Generally, there are two ways to go about it. One, you teach yourself. This is the equivalent of stealing our dad’s car and hoping that the pedal you hit is the brake and not the accelerator. It is the route I took, it is the most rewarding and a huge ego boost when you finally make it on your own. Typically, this involves scouring the internet for hours upon hours going down rabbit holes, thinking you have made it telling all your friends how you will be a millionaire then losing all your money. Some people do not have the stomach for that. The second route is more practical, structured and smarter. First Learn the basics. There is a free online forex course at www.babypips.com/learn/forex this is merely an introductory course. Basically it is learning the parts of a car before they let you inside the car. Second, start building your strategy. By the time you are done with the babypips, you will have a feel of what the forex market is, what interests you, etc. Tip..Babypips has a lot of garbage. It is good for introductory purposes but not good for much else, pick whatever stick to you or jumps at you the first time. Nonsense like indicators should be ignored. The next step is now the most important. Developing the skill and building your strategy. As a beginner, you want to exhaust your naivety before jumping into the more advanced stuff. Eg can you identify a trend, what is a pair, what is position sizing, what is metatrader 4 and how to operate it, what news is good for a currency, when can I trade, what are the different trading sessions, what is technical analysis, what is market sentiment, what are bullish conditions what is emotion management, how does my psychology affect my trading (more on this later) an I a swing, scalper or day trader etc Mentors and forex courses.. you have probably seen people advertising how they can teach and mentor you on how to trade forex and charging so much money for it. Somehow it seems that these people are focused on the teaching than the trading. Weird, right..? Truth is trading is hard, teaching not quite. A common saying in the industry is “Those who can’t trade, teach” you want to avoid all these gurus on Facebook and Instagram, some are legit but most are not. Sifting the wheat from the chaff is hard but I did that for you. The info is available online on YouTube, telegram channels etc. am not saying not to spend money on a course, if you find a mentor whose style resonates with you and the course is reasonably priced, please, go ahead and buy..it will cut your learning curve in half. People are different. What worked for me might not work for you. Here are some nice YouTube channels to watch. These guys are legit..
After a short period of time, you will be able to sniff out bs teachers with relative ease. You will also discover some of your own and expand the list. Two tips, start with the oldest videos first and whichever of these resonates with you, stick with till the wheels fall off. How long will it take until things start making sense Give yourself time to grow and learn. This is all new to you and you are allowed to make mistakes, to fail and discover yourself. Realistically, depending on the effort you put in, you will not start seeing results until after 6 months. Could take longeshorter so there is no guarantee. Social media, Mentality, Psychology and Books Online, forex trading might not have the best reputation online because it takes hard work and scammers and gurus give it a bad name. However, try to not get sucked into the Instagram trader lifestyle as it is nowhere close to what the reality is. You will not make millions tomorrow or the day after, you might never even make it in this market. But that is the reality of life. Nothing is promised, nothing is guaranteed. Your mentality, beliefs and ego will be challenged in this market. You will learn things that will make you blood boil, you will ask yourself daily, how is this possible, why don’t they teach this in school..bla bla bla..it will be hard but growth is painful, if it wasn’t we’d all be billionaires. Take a break, take a walk, drink a glass of whatever you like or roll one..detox. Chill with your girl (or man) Gradually you will develop mental toughness that will set you up for life. Personally, I sorta ditched religion and picked up stoicism. Whatever works for you. Psychology, this is unfortunately one of the most neglected aspects of your personal development in this journey. Do you believe in yourself? Can you stand by your convictions when everyone is against you? Can you get up every day uncertain of the future? There will be moments where you will question yourself, am I even doing the right thing? the right way? It is normal and essential for your growth. People who played competitive sports have a natural advantage here. Remember the game is first won in your head then on the pitch. Books: ironically, books that helped me the most were the mindset books, Think and grow rich, trading for a living, 4 hour work week, the monk who sold his Ferrari..just google mindset and psychology books, most trading books are garbage. Watch and listen to people who have made it in the investing business. Ray Dalio, warren, Bill Ackman and Carl Icahn. This is turning out to be lengthier than I anticipated so I’ll try to be brief for the remaining parts. Brokers You will need to open up an account with a broker. Get a broker who is regulated. Australian ones (IC Market and Pepperstone) are both legit, reliable and regulated. Do your research. I’d avoid local ones because I’ve heard stories of wide spreads and liquidity problems. International brokers have never failed me. There are plenty brokers, there is no one size fits all recommendation. If it ain’t broke..don’t fix it. Money transfer. All brokers accept wire transfers, you might need to call your bank to authorize that, avoid Equity bank. Stanchart and Stanbic are alright. Large withdrawals $10k+ you will have to call them prior. Get Skrill and Neteller if you don’t like banks like me, set up a Bitcoin wallet for faster withdrawals, (Payoneer and Paypal are accepted by some brokers, just check with them.) How much money can I make..? I hate this question because people have perceived ceilings of income in their minds, eg 1 million ksh is too much to make per month or 10,000ksh is too little. Instead, work backwards. What % return did I make this month/ on this trade. Safaricom made 19.5% last year, if you make 20% you have outperformed them. If you reach of consistency where you can make x% per month on whatever money you have, then there are no limits to how much you can make. How much money do I need to start with..? Zero. You have all the resources above, go forth. There are brokers who provide free bonuses and withdraw-able profits. However, to make a fulltime income you will need some serious cash. Generally, 50,000 kes. You can start lower or higher but if you need say 20k to live comfortably and that is a 10% return per month, then you can do the math on how big your account should be. Of course things like compound interest come into play but that is dependent on your skill level. I have seen people do spectacular things with very little funds. Taxes..? Talk to a lawyer or an accountant. I am neither. Family? Friends? Unfortunately, people will not understand why you spend hundreds of hours watching strangers on the internet so it is best to keep it from them. Eventually you will make it work and they will come to your corner talking about how they always knew you’d make it. The journey will be lonely, make some trading buddies along the way. You’d be surprised at how easy it is when people are united by their circumstances (and stupidity) I have guys who are my bros from South Africa and Lebanon who I have never met but we came up together and are now homies. Join forums, ask questions and grow. That is the only way to learn. Ideally, a group of 5-10 friends committed to learning and growth is the best model. Pushing each other to grow and discovering together. Forex is real and you can do amazing things with it. It is not a get rich quick scheme. If you want a quick guaranteed income, get a job. And now it is 5am, fuck. This is oversimplified and leaves out many many aspects. Happy to answer any questions.
This review gives you all you need to know about crypto-forex.club. It also answers this important question; "Is Crypto forex a Scam?" Have you traded/invested with Crypto Forex (crypto-forex.club) and believe you have been scammed by them? The great news is that you have a chance to get your money back. Many unregulated brokers have been found to scam traders. It’s our job to make sure you can fight back and get your money refunded. By simply reading this article, you are on the right path to recovering your money. Image by Icons8_team from Pixabay Is crypto-forex.club a scam or legit? Crypto Forex has been suspected as a scam. We don’t recommend trade with them and if you are trading with Crypto Forex contact them immediately and try to get your fund out. If Crypto Forex has done the following, you have probably a victim of Crypto Forex crypto scam. Reason to suspect a scam is in action:
The broker froze your account
The broker blocked your account
You cannot login back into your account
Money has been taken out from the account
The broker doesn’t take your calls
The broker shut down his website
You noticed the broker took money out from your bank account without your permission
The broker is offering you a bonus
The broker is offering you to fund more money into the account after you lost a large sum
Don't give up!! You can fight back and get all your lost funds refunded. All you have to do is send an email to - [[email protected]](mailto:[email protected]). Testimonial: How I Recovered My Money from Crypto Forex (crypto-forex.club) - By Mark Crypto Forex is a SCAM, FRAUD, ROBBERY!DON'T BE FOOLED. LOOK AT THE PLANS, ALL FAKE! NEVER TRUST THIS WEBSITE. HE'll STEAL your MOnEY! NO DOUBT! I had a nasty experience with them, but was lucky Express Recovery Pro - [[email protected]](mailto:[email protected]) helped me get my money back.
Anyone who fell for the forex trading scam, im wondering specifically what is in it for the scammers? How does it work? I fell for the Cut co scam and I figured out whats going on behind the scenes, or at least I think I did. Those people don’t actually give a shit if you sell the knives or not.. if they wanted to sell knives they would hire real salesman.. they care about the fact that you give them the name, phone number, and email address of everyone that you do the “knife sale demo” to... because they can sell that information to other businesses for tons of money.. that and they just try to get you to push and manipulate friends and family into buying a 1,000 dollar set of fucking knives. At least thats what ive been able to figure out from my one week “working” with them.. So given that information, I just cannot seem to figure out what the “scam” is in this forex bullshit.. because I dont think you do actual presentations where you gather information from idiots.. Forex in itself is a real thing and if you treat it like any other type of investing there is a real way to make money, HOWEVER listening to other 20 year olds tell you about how you can become a millionaire overnight is a pretty great tell that its all bullshit.. So my question is, has anyone been able to figure out whats really going on behind the scenes? Is it market manipulation? (Ie. jordan Belfort type pumping and dumping) Or is it just giving people a program on the trading platform to make halfway decent trades and taking a cut of the money you make?
The Forex market is volatile and carries substantial risks. It is not the place to put any money that you cannot afford to lose, such as retirement funds, as you can lose most or all it very quickly. The CFTC has witnessed a sharp rise in Forex trading scams in recent years and wants to advise you on how to identify potential fraud. Signs of a Possible Fraudulent Sales Pitch
Lead you to believe you can profit from current news already known to the public.
Made through word of mouth referrals or emails from friends and relatives, members of community organizations, churches, or social groups.
Contacts you asking for personal information such as your name, phone number, and email and home addresses.
Promising that with Forex there is no “down-turning market”.
Watch for These Red Flags to Help Identify Foreign Currency Trading Scams
Promises that with Forex, there is no “bear” market
Firms that claim you can or should trade in the interbank market
Requests to send or transfer cash quickly via the Internet, by mail, or otherwise
Difficulty getting background information about the person and/or company
You most likely landed on this page because have lost some or a lot of money to binary options broker or binary options companies. You are probably thinking; "I was scammed on binary options, how do i get my money back?" "How to get money back from binary options" "Binary options refund" etc Hiring a verified funds recovery expert, since this is the best way to recover your money from a bad binary options broker without wasting time and money. Don't toy around with you hard earned money by getting involved with a scam broker. Verified recovery experts are highly recommended. How can I Recover my Funds on Binary Options? Financial fraud continues to expand with Forex and binary options fraud. And this is a trend that has gained a lot of ground globally. A lot of people around the world are targeted each day. In many cases, they are novice investors who are unfamiliar with the markets and do not recognize that they are dealing with a bogus trading platform. The fraudulent brokers rely on this lack of knowledge. Eventually, when the fraudsters finally decide that there is no more money to be had from the unfortunate target they cut all contact, the hapless investor begins to suspect that they have been scammed. But the good news is that you can now hire a verified recovery expert to help recover the lost funds. Which is the Best Binary Options Recovery Service So what exactly is a binary options recovery service? The nature of service they offer is pretty straightforward and easy to understand. They provide a solution for recovering money that’s been lost due to a binary options, forex, investment scam etc. There are some recovery services that also claim to hack social media accounts and to recover lost passwords. Usually, a fee is paid upfront (for taking the case) or a percentage of the recovered amount, or both in some cases. The payment model varies depending on the website/service you’re choosing: sometimes you will pay them a time-sensitive fee (the longer they work, the more they get paid, even if they don’t recover any money) and sometimes you will pay only if they recover all or part of the amount you’ve lost. However, the initial fee is mostly always paid as administrative charges. It is advisable you only work with a verified recovery specialist. How to Recover Your Funds on Binary Options Forex You may be thinking; "How can I recover my funds on binary options?" Finding the so-called recovery experts may appear really easy. Since all you have to do in most cases is to sift through the comments section of any binary options related article. You are likely to see someone praising the professionalism and high success rate of such recovery services, or you can even find the representatives of the recovery company itself advertising and sharing contact information. Online search is also an easy way of finding a binary options recovery service. But to ensure your safety, we recommend working only with one of the verified recovery experts. I have an important piece of information for victims of binary options scam, and people who have lost money to bad binary options trading decision. You can now refund your money within a short period of time. How Can I Get my Money Back from a Binary Options Scam? Binary options scam is all over the place in the recent time and due to greediness people fall victim daily to bogus promises. Out of 100% of people or companies advertising investment, just like 2% can guarantee the outcome. The rest are rodney stegall wannabe who just want to take your money. So think twice before bringing out your credit card! This is also a signal to all regulatory authorities, including law firms to buckle up. This is one of the best and most informative binary options forex wealth recovery international service. All the solution you need to get your money back from binary options, forex, investment scam is a verified recovery expert.
Hey guys , iam already learning forex trading after firstly blowing my account i realized that its not get-rich-quick scheme but i need to learn so i started i already know technical analysis i use MACD and RSI i look also on news etc. but i doubt if i can trully make slowly but surely make money , because some people are saying that forex is scam that all those forex gurus are only earning money through providing courses etc. that only some bank analysists can make decent money ..... What do you think guys? Can even a simple guy that is ambitious like me , learn it and make money by myself?
https://preview.redd.it/81cx1yfe1pm51.jpg?width=474&format=pjpg&auto=webp&s=2ceddeda7d5dc0be5c7d4b4dfa7a715baac65b3a In the later part of websites are the testimonials screaming out loud regarding their success.BitQT review can be quiet judgemental at this point as a result of neither these testimonials prove the legitimacy of the web site nor the live profit reviews account such You extremely want to understand that if you opt to speculate you’ll surely not visiting recover. TheBitQT just prove this by themselves stating it not being on affiliate terms with others. Something that’s claiming that you simply’ll earn 110zero greenbacks every day is doing a true-time scam job Perhaps, theBitQT states advertising itself on Times, CNN and Forbes however neither of them found supportive during this regard. You'll check it all by yourself. This is often the sound proof of its scamming regime throughout the globe It doesn’t have that laser-accurate performance as in trading bitcoin you can never guarantee the minimum amount of profit you be earning the other day. Its what happens when trading with Forex Many of the websites agree onto the proficiency ofBitQT negating the crucial and impactful proves I shared with you higher than. They are saying it’s flawless. Will something be this flawless letting you earn regarding one thousand bucks each day without charging a penny? The automated transactions are known to be deposited directly into the user’s account that is nowhere to find affiliation with. Undoubtedly, most of the revealing sites have the only supportive argument beginning with, ‘As the review suggests’. Do raise yourselves, is that this the legitimate way to prove legitimacy ofBitQT They too argue regarding the legitimate verification method. That’s the explanation why there’s a number of complaints with reference to the current. If these products would have really worked, why not each single person select to remain off from their offices integrating with it somehow: Merely head to the SIGN-UP section on theBitQT site, fill in your personal info, and present your registration. When acknowledged, you'll be able to be able to access our restrictive Bitcoin exchanging To induce your exchange account in progress, you’ll have to include some assets. WithBitQT, you can create a initial investment of as low as $250, although you'll be able to contribute as a lot of as you wantoy Since your enlistment has been acknowledged and you’ve invested some funds, you’re fully done. Simply click on ‘trade’ to receive the rewards ofBitQT’s highly rated algorithm. In case you need a hands-on approach, you can shift to manual operation by changing the settings There’s no harm in trading in terms of cryptocurrency. We have a tendency to’re not against it. But we tend to really aim to reveal the very fact thatBitQT isn't a legitimate website to believe during this case. To actually invest in bitcoin you initially want to shop for a bitcoin wallet so as to store all bitcoins. a series of blockchain integrations which permits you to top-up and earn. But, as stated earlier you’ve no actual guarantee concerning the number you wish to earn. Secondly, you wish to integrate your bitcoin wallet to your account and then you’ll be ready to head towards the foremost step. Here, you’ll jin a bitcoin exchange system for trading bitcoin for any different traditional currencies of the market. It works well solely if you for legitimate sites for functioning and planning. Perhaps, it too needs a nice amount of ability and we never promise you to begin earning when you join Bitcoin Exchanger somehow. This was all aboutBitQT Review as a full fulling the aim of alerting the scam going around. Money Forex Cluster scamThe Cash Forex Group is run by a company named CFxG which allegedly was founded by a team of experts in all kinds of areas, mainly education in the monetary trading field and network promoting. https://preview.redd.it/0gc7ga9f1pm51.jpg?width=474&format=pjpg&auto=webp&s=5c031ac047e635c47d3ee592ab9235878613c890 These experts and their automated trading system will supposedly facilitate your to form heaps of cash. In trading solely you'll allegedly make fifteenp.c weekly on your investments. Then there are referral programs and multi-level structures that can boost your income even more. Is that t Money FX Group scamLet’s begin this Money Forex Group review by stating the obvious, this scheme may be a total scam, you just have to look at the numbers.BitQT When they promise you fifteen%+ weekly, it means that 60percent+ monthly, which is totally ridiculous in the important world. It means a lot of than 560zeropercent per year, therefore you'd need solely $18,00zero greenbacks to become a millionaire within year. And this is often plain impossible. No legitimate business can create you a gradual fifteenpercent weekly, no financial markets are that predictable and that easy to trade. It may appear straightforward to you, but it really is this straightforward, a program promising fifteenp.c weekly should be a scam, there is no alternative method, the Money FX Group is a scam. However there is additional to go through in this review. Massive lies Money FX Cluster testimonialThe Money Forex Cluster claims to be regulated by the subsequent institutions: FAC – Financial Conduct Authority of London, DFSA – Monetary Services Authority in Dubai, FSCA – Monetary Sector Conduct Authority of South Africa and FSA – the Monetary Services Authority of Seychelles. But guess what, the FAC will not even exist, while the others (DFSA, FSCA and FSA) haven't issued any license whatsoever to Cash Forex Cluster. Therefore not only Money FX Group is not regulated at all, it conjointly is lying huge time regarding its regulatory status. The fact is that it's no license whatsoever, so it cannot supply investment services legally in most countries. This is often conjointly why they want you to deposit cryptocurrencies, they wish to remain as anonymous as potential, so that they will run away along with your cash. Regulatory warning Not long when we have a tendency to printed our analysis, the Financial Conduct Authority (financial regulator in Nice Britain) came up with its own warning. The regulator said that CashFX is providing investment services without the mandatory authorization and advised the public to remain off from it. This is often a very serious argumentBiTQT. It'd be terribly unwise to deposit money with an unregulated and basically anonymous entity, as a result of it would not be protected in any means. No matter where the cash finally ends up, this program is promising you impossible returns on investments, which in itself confirms that something is wrong. How it works Let’s end this Cash Forex Group review by explaining the essential principle of this investment program. It's a Ponzi theme that does no real economic activity. It just collects money from individuals and may pay out some profits, but the most recent clients’ deposits can be used for that. This will have an inevitable outcome, the system can sooner or later crumble. It's simply a matter of your time when there can be not enough deposits to hide withdrawals and also the inevitable end can Nobody has not been paid, that is NOBODY ….. after all you can't compound or upgrade your CFX account unless you withdraw (get paid) …. CFX are not regulated…. as a result of they use a Regulated broker (everfx) to trade…so that information is also incorrect…and judging by the actual members comments….I’d say, members are happy….. long might that continue. BUT, you must never place in more than you are prepared to lose (In SOMETHING). However do correct analysis, ask members, don’t rely on people that play safe and stay poor. Do your own due diligence. (ps MOST sites that decision each business out as a scam…have their own links…..promoting guess what ? ….tip. SCAMS ! Beware. https://www.cryptoerapro.com/bitqt/ http://www.cryptoerapro.com/ https://twitter.com/cryptoerapro https://www.instagram.com/cryptoerapro/ https://www.pinterest.co.uk/cryptoerapro/ https://www.facebook.com/cryptoerapro
Aku nak kongsi realiti sebenar main forex. Boleh ke jadi kaya kalau main forex? Senang ke main forex? Forex ni scam atau benar? Kalau nak tau jawapannya, rajin-rajinkanlah diri untuk baca pengalaman yang aku kongsikan di bawah ni. Kalau korang malas nak baca, boleh skip ke perenggan yang terakhir untuk mengetahui jawapannya. OK! Ceritanya bermula bila aku decided untuk main forex selepas aku diberhentikan kerja (24 jam notis) oleh syarikat aku. Sebelum diberhentikan kerja, aku ada jugaklah ilmu asas pasal forex trading ni. Sebab tu aku macam confident untuk menganggap yang aku boleh jadikan forex trading sebagai full-time job aku. Tambahan pula dalam account aku masa tu ada dalam ~RM30k duit saving. So sebagai permulaan, aku decided untuk join satu group Telegram forex signal oleh FxProfitPips. Aku terpengaruh untuk masuk group forex signal tu sebab diorang selalu claimed yang group tu selalu menang trading dengan"95%" winning rate & siap cakap boleh dapat untung USD100 dalam sehari dengan deposit USD10 sahaja sebagai permulaan. Pastu aku register dengan bukak forex account sebanyak USD60 bersamaan ~RM250 (Group Telegram forex signal tu buat duit melalui commission bila kita menang trade sebab kita register di bawah group forex signal tu). Bila aku start live trading & follow signal group Telegram tu, baru aku tau yang realiti forex ini tidak indah sebenarnya. Nak dipendekkan cerita, group forex signal tu bukannya selalu menang trading pon. Kalau menang pon kadang2 jer. Bila diorang menang trading, punyalah diorang bangga & buat announcement kat group Telegram. Tapi bila diorang kalah dalam trading, krik krik.. Senyap macam tu jer. Apa yang aku boleh conclude kan tentang group forex signal tu (FxProfitPips) adalah winning rate diorang bukannya 95%. Pastu untung USD100 dalam sehari dengan berbekalkan deposit USD10 tu semua propaganda jer lebih. Account trading aku sebanyak USD60 tu margin call dalam masa 2-3 bulan. Itu pon aku trade guna lot kecik 0.01 untuk setiap trade. Secara kesuluruhan, aku dah spent duit sebanyak RM250 (Bukak account trading) & RM100 (Untuk beli buku2 bacaan tentang forex). So total duit yang aku dah habiskan untuk forex adalah sebanyak RM350 dalam masa 2-3 bulan tu. Kenapa aku kongsikan pengalaman aku ni semua kepada korang? Sebabnya aku tak nak korang terpedaya dengan fantasi2 yang ditanamkan oleh group2 forex signal kepada orang2 yang tengah terdesak nak membuat duit tambahan. Sebab bila korang follow group forex signal tu, bila korang menang trade, group forex signal tu dapat commission. Tapi bila korang kalah trade, group forex signal tu tak rugi apa2. Korang rasa adil ke macam tu? Aku pon bersyukur sebab aku cuma rugi RM350 sepanjang aku terjebak dengan forex ni. Sebab ada jer ramai orang lain yang dah menghabiskan beribu-ribu ringgit sebab nak mengejar fantasi untuk menjadi kaya dengan bermain forex. Aku tak nafikan ada orang yang mendapat untung besar dengan trading forex. Tapi orang2 macam tu dah memang pon kaya sebelum ni sebab diorang ada simpanan duit yang banyak atau ada buat bisnes selain trading forex. Jadi bila diorang kalah trade, tak effect diorang pon sebab diorang ada banyak duit backup dari saving atau income2 yang lain. Tapi kalau korang nak main forex dengan hanya berbekalkan duit saving yang sikit seperti contoh RM1000 di dalam account bank, korang sebenarnya melakukan kesilapan yang besar. Alasan yang selalu diberikan kepada orang2 yang rugi dalam forex adalah ilmu kena cukup, trading forex & main forex adalah 2 perkara yang berbeza, kena pandai buat analisis, bla bla bla and seterusnya. Aku mengaku memang ada betulnya di situ di mana kita kenalah pandai/berilmu dalam membuat sesuatu perkara seperti contoh trading forex atau perkara2 yang lain. Tetapi aku rasa ramai orang jarang bercerita tentang realiti sebenar forex, sebab semuanya lebih suka nak bercerita indah tentang forex. Jadi aku rasa aku macam ada tanggungjawab untuk memberitahu realiti sebenar tentang forex kepada orang2 yang ada plan nak cuba try test forex ni. Jadi sebagai kesimpulan, boleh ke jadi kaya kalau main forex? Jawapannya boleh, kalau korang ada ilmu yang cukup tentang forex & juga duit simpanan yang banyak giler. Jadi bila korang rugi, korang takkan rasa terkesan daripada kerugian tu. Senang ke main forex? Jawapannya susah, sebab kalau senang takkan ada orang yang miskin di dalam dunia ni sebab semua boleh generate duit melalui forex trading. Forex ni scam atau benar? Ada yang scam & ada yang betul. Aku nak nasihatkan kalau nak follow group forex signal, kena berhati-hati. Sebab kebanyakkan daripada group2 forex signal ni selalu suka heboh kepada satu dunia bila diorang menang trade, tapi bila diorang kalah trade terus diam sejuta bahasa. Dari situ boleh nampaklah diorang tak telus/jujur kepada orang2 yang join group forex signal tu. Sekian. Terima kasih kepada sesiapa yang membaca post ini sampai habis.
My friend started this Forex shennanigans 4 days ago and has literally made £1300, I've only heard bad things about Forex and all of this so I have little to no clue, I've tried googling/watching Youtube and there's still no clear answer? proof = https://prnt.sc/tz9l8k I logged into a website 'im.center' and downloaded the XUP scanner (ex4 file) and I'm already questioning if it's a rat/malware but hey ho, I'm just looking for answers. IS FOREX A SCAM? is this harmonic scanner bullshit?
My family has been using the PS4 to stream movies from... "sites" through the internet browser Suddenly I was informed that the PS4's internet browser is acting up. After checking the browser, it appears to have suddenly opened pop-up sites (meet-ups, +18, forex investment scams, etc) Is it possible that the PS4 may have gotten a virus from these sites? How far should I worry about it? Edit: by "streaming", I wanted to say "watching series, anime, and/or movies on a pirated website" +I managed to disconnect the console and remove all pages, but I am worried thst creating new tabs will spawn unwanted tabs
Forex Brokers: Are They a Scam? Forex trading is legal, but not all forex brokers follow the letter of the law. By Coryanne Hicks , Contributor June 17, 2020 Not all Forex robots are scams. For example, Forex robots can be built using Expert Advisors (EAs) within the popular MetaTrader suite of trading platforms. Searching online for a Forex robot scam list may help you to avoid some of the known scammers. There are a few other things to watch out for to avoid Forex robot scams you may come across: A persistent scam, old and new, presents itself in some types of forex-developed trading systems. These scammers tout their system’s ability to generate automatic trades that, even while you ... Forex Strategies – Scam 6: Signal Seller Membership. Just like the robots, certain 'signal sellers' claim to sell you information on which trades you should make in order to get rich. The trick is – they charge a weekly or monthly fee for their service ('signals'). Little do you know that not only you are lose your money, but they do not even offer you anything that will help improve your ... Forex isn't scam. Learn more about the forex market and find a trusted online brokerage in Benzinga's forex guide. Scam brokers often make claims such as “make $50 a day from a $250 investment” or “make 80% returns on profit signals” or “96% success rate.” These claims are a scam, regardless of whether they are being made for forex, CFDs, or binary options. Forex brokers should not promise returns at all, small or large. Simply put, if a broker ... The Forex Scam Brokers Blacklist. Unfortunately, every day there are more fake forex scam brokers and other types of online trading brokers (including binary options) looking to scam unsuspecting victims. The table below is a broker blacklist consisting of binary options and forex scam brokers who have scammed those who made complaints on Broker Complaint Registry. If you would like to report ...
Full Time Forex Trading Is A Scam! Here's Why! - YouTube
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