Many People Think Forex Is Fraud, Really?

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Many People Think Forex Is Fraud, Really?

It’s a correlation if a lucrative business must have a lot of interest. Not only enthusiasts in the same business field, but also can be a new emerging business that is inspired by the existing business. In forex business for example, the emergence of commercial brokers can be considered as a result of the development of forex business that has been there and much in demand before.Another example for example with the emergence of application developers who can support the trading is done.

Unfortunately, in addition there is a positive business development as mentioned earlier, there are also some parties who use forex as a way to gain fortitude but harm others. An example is fraud. It’s no secret if in forex found some fraud is detrimental to traders who have invested assets. Fraud that appears also has a variety of types that are usually associated with existing brokers. This needs to be known by the trader so as not to participate deceived by the fraud that occurred. Here are the characteristics of a swindler broker (scam) .

In fact , even master traders must have experienced loss. The difference is the ratio of profit and loss earned. So, if there is a broker who promises 100% profit, you can be wary of him as one of the characteristics of abuse.

  • Do not buy a cat in a sack

When you entrust an asset to a broker, it would be better if you know the performance of the broker you choose. It would be useless if you pay in front of millions of dollars without knowing its credibility first.

  • Offers 100% money back guarantee

The thing you need to know is that the address listed on the site is a fictitious address. Although in the beginning you are promised money back but if there is no exact address you can go then the claim of course you can not do.

  • There is no rule of law

Usually the broker will sell products such as e-books . This is a frequent fraud. Unfortunately, until now there is no clear legal rules so that the authorities can not process it for certain.

  • E-book from another broker

The fraudsters usually sell e-books followed by the promise of exorbitant success without the need for hard work whereas e-books sold are e-books obtained from other fraudsters. The profits gained by fraudsters are commissions from previous fraudsters.

  • Testimonials and false evidence

Brokers usually show testimonials and evidence such as forex trading statements, wealth photos such as cars or homes and photos with important fake people resulting from edits. Do not let you directly believe in the existing testimonials.

Broker Analysis to prevent Scam Brokers Trapped

The number of fraud brokers make traders begin to feel restless of the traded assets. However the asset is valuable and becomes your source of income so you should keep it right. To avoid being trapped in a fake broker then there are some smart ways you can do.

It’s a correlation if a lucrative business must have a lot of interest. Not only enthusiasts in the same business field, but also can be a new emerging business that is inspired by the existing business. In forex business for example, the emergence of commercial brokers can be considered as a result of the development of forex business that has been there and much in demand before.Another example for example with the emergence of application developers who can support the trading is done.

Unfortunately, in addition there is a positive business development as mentioned earlier, there are also some parties who use forex as a way to gain fortitude but harm others. An example is fraud. It’s no secret if in forex found some fraud is detrimental to traders who have invested assets. Fraud that appears also has a variety of types that are usually associated with existing brokers. This needs to be known by the trader so as not to participate deceived by the fraud that occurred. Here are the characteristics of a swindler broker (scam) .

  • Trading promise must be 100% profit

In fact , even master traders must have experienced loss. The difference is the ratio of profit and loss earned. So, if there is a broker who promises 100% profit, you can be wary of him as one of the characteristics of abuse.

  • Do not buy a cat in a sack

When you entrust an asset to a broker, it would be better if you know the performance of the broker you choose. It would be useless if you pay in front of millions of dollars without knowing its credibility first.

  • Offers 100% money back guarantee

The thing you need to know is that the address listed on the site is a fictitious address. Although in the beginning you are promised money back but if there is no exact address you can go then the claim of course you can not do.

  • There is no rule of law

Usually the broker will sell products such as e-books . This is a frequent fraud.Unfortunately, until now there is no clear legal rules so that the authorities can not process it for certain.

  • E-book from another broker

The fraudsters usually sell e-books followed by the promise of exorbitant success without the need for hard work whereas e-books sold are e-books obtained from other fraudsters. The profits gained by fraudsters are commissions from previous fraudsters.

  • Testimonials and false evidence

Brokers usually show testimonials and evidence such as forex trading statements, wealth photos such as cars or homes and photos with important fake people resulting from edits. Do not let you directly believe in the existing testimonials.

Broker Analysis to prevent Scam Brokers Trapped

The number of fraud brokers make traders begin to feel restless of the traded assets. However the asset is valuable and becomes your source of income so you should keep it right. To avoid being trapped in a fake broker then there are some smart ways you can do.

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Forex4Live.com is a forex trading system website that started to be published since 2011 and has been used by thousands of traders around the world. The system is very simple and accurate, priced at $ 167 for a lifetime membership with no monthly fees or hidden fees. Our team created this system by testing thousands of indicators then selecting 23 indicators and combining them into one great trading system.
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