Forex real or fake

Globaltrade-forex.Ltd is exactly less than one year old. The domain name was in fact bought on nov 2nd, 2020.

Real forex bonuses

The holder of this webpage url is purported to be whoisguard, inc..
Domain name system (DNS) records explain that globaltrade-forex.Ltd is hosted using: dns2.Namecheaphosting.Com as well as dns1.Namecheaphosting.Com globaltrade-forex.Ltd is an online business that appears to be undoubtedly suspicious. Quite a few of their very own readers have been pondering if globaltrade-forex reviews are even true and/or if globaltrade-forex should be accredited.
At first glimpse the web property would seem to be definitely reliable, still, looks are incredibly misleading. Inorder to find out whether globaltrade-forex.Ltd is a con or reputable domain we really should substantially analyze globaltrade-forex.

Globaltrade-forex.Ltd review

Are globaltrade-forex reviews real or fake?

Globaltrade-forex.Ltd is an online business that appears to be undoubtedly suspicious. Quite a few of their very own readers have been pondering if globaltrade-forex reviews are even true and/or if globaltrade-forex should be accredited.
At first glimpse the web property would seem to be definitely reliable; still, looks are incredibly misleading. Inorder to find out whether globaltrade-forex.Ltd is a con or reputable domain we really should substantially analyze globaltrade-forex.

Beneath are the methods we took to assess if globaltrade-forex reviews are legitimate and if globaltrade-forex.Ltd can be believed or not.

We shall provide all the particulars to you, then permit you to be the final judge to establish if globaltrade-forex is a scam or legit.(immediately after looking through our report, you are going to determine that the answer is exceedingly certain)

Something that we were unable to search for on globaltrade-forex.Ltd, are undetected web pages. It is widespread for shady internet sites to establish webpages which cannot be located by utilising the web site search function or by google or bing internet search.
If you were able to uncover a hidden page on this web-site (as a general rule this is a webpage that appears too good to be true) please be sure to comment the web address below.

In addition, please tell other people about globaltrade-forex.Ltd, by placing your observations below. Did you almost get conned or were you scammed because this information is too late?
Inversely, did you sense this is a authentic website? Your experiences can make a difference, please submit at the bottom of this page so that other consumers do not make identical errors.

Customer service information

Phone number: +18125675053
business address: 8 acacia road, london, england, N22 5SB
email address: [email protected]

Website age

Globaltrade-forex.Ltd is exactly less than one year old. The domain name was in fact bought on nov 2nd, 2020.
The holder of this webpage url is purported to be whoisguard, inc..
Domain name system (DNS) records explain that globaltrade-forex.Ltd is hosted using: dns2.Namecheaphosting.Com as well as dns1.Namecheaphosting.Com

SSL certificate

This web page functions with an HTTPS connection.
This indicates that if people transmit private information to this internet site there is less of a chance the info can be retrieved by a hacker as all traffic is encrypted. This is vital for an internet site to have; but, does not mean on its own that the internet site is reputable.

Is your forex broker a scam?

If you do an internet search on forex broker scams, the number of results is staggering. While the forex market is slowly becoming more regulated, there are many unscrupulous brokers who should not be in business.

When you're looking to trade forex, it's important to identify brokers who are reliable and viable, and to avoid the ones that are not. In order to sort out the strong brokers from the weak and the reputable ones from those with shady dealings, we must go through a series of steps before depositing a large amount of capital with a broker.

Trading is hard enough in itself, but when a broker implements practices that work against the trader, making a profit can be nearly impossible.

Key takeaways

If your broker does not respond to you, it may be a red flag that he or she is not looking out for your best interests.

To make sure you're not being duped by a shady broker, do your research, make sure there are no complaints, and read through all the fine print on documents.

Try opening a mini account with a small balance first, and make trades for a month before attempting a withdrawal.

If you see buy and sell trades for securities that don't fit your objectives, your broker may be churning.

If you are stuck with a bad broker, review all your documents and discuss your course of action before taking more drastic measures.

Separating forex fact from fiction

When researching a potential forex broker, traders must learn to separate fact from fiction. For instance, faced with all sorts of forums posts, articles, and disgruntled comments about a broker, we could assume that all traders fail and never make a profit. The traders that fail to make profits then post content online that blames the broker (or some other outside influence) for their own failed strategies.

One common complaint from traders is that a broker was intentionally trying to cause a loss in the form of statements such as, "as soon as I placed the trade, the direction of the market reversed" or "the broker stop hunted my positions," and "I always had slippage on my orders, and never in my favor." these types of experiences are common among traders and it is quite possible that the broker is not at fault.

Rookie traders

It is also entirely possible that new forex traders fail to trade with a tested strategy or trading plan. Instead, they make trades based on psychology (e.G., if a trader feels the market has to move in one direction or the other) and there is essentially a 50% chance they will be correct.

When the rookie trader enters a position, they are often entering when their emotions are waning. Experienced traders are aware of these junior tendencies and step in, taking the trade the other way. This befuddles new traders and leaves them feeling that the market—or their brokers—are out to get them and take their individual profits. Most of the time, this is not the case. It is simply a failure by the trader to understand market dynamics.

Broker failures

On occasion, losses are the broker's fault. This can occur when a broker attempts to rack up trading commissions at the client's expense. There have been reports of brokers arbitrarily moving quoted rates to trigger stop orders when other brokers' rates have not moved to that price.

Luckily for traders, this type of situation is an outlier and not likely to occur. One must remember that trading is usually not a zero-sum game, and brokers primarily make commissions with increased trading volumes. Overall, it is in the best interest of brokers to have long-term clients who trade regularly and thus, sustain capital or make a profit.

Behavioral trading

The slippage issue can often be attributed to behavioral economics. It is common practice for inexperienced traders to panic. They fear missing a move, so they hit their buy key, or they fear losing more and they hit the sell key.

In volatile exchange rate environments, the broker cannot ensure an order will be executed at the desired price. This results in sharp movements and slippage. The same is true for stop or limit orders. Some brokers guarantee stop and limit order fills, while others do not.

Even in more transparent markets, slippage happens, markets move, and we don't always get the price we want.

Communication is key

Real problems can begin to develop when communication between a trader and a broker begins to break down. If a trader does not receive responses from their broker or the broker provides vague answers to a trader's questions, these are common red flags that a broker may not be looking out for the client's best interest.

Issues of this nature should be resolved and explained to the trader, and the broker should also be helpful and display good customer relations. One of the most detrimental issues that may arise between a broker and a trader is the trader's inability to withdraw money from an account.

Broker research protects you

Protecting yourself from unscrupulous brokers in the first place is ideal. The following steps should help:

Do an online search for reviews of the broker. A generic internet search can provide insights into whether negative comments could just be a disgruntled trader or something more serious. A good supplement to this type of search is brokercheck from the financial industry regulatory authority (FINRA), which indicates whether there are outstanding legal actions against the broker. And if appropriate, gain a clearer understanding of the U.S. Regulations for forex brokers.

Make sure there are no complaints about not being able to withdraw funds. If there are, contact the user if possible and ask them about their experience.

Read through all the fine print of the documents when opening an account. Incentives to open an account can often be used against the trader when attempting to withdraw funds. For instance, if a trader deposits $10,000 and gets a $2,000 bonus, and then the trader loses money and attempts to withdraw some remaining funds, the broker may say they cannot withdraw the bonus funds. Reading the fine print will help make sure you understand all contingencies in these types of instances.

If you are satisfied with your research on a particular broker, open a mini account or an account with a small amount of capital. Trade it for a month or more, and then attempt to make a withdrawal. If everything has gone well, it should be relatively safe to deposit more funds. If you have problems, attempt to discuss them with the broker. If that fails, move on and post a detailed account of your experience online so others can learn from your experience.

It should be pointed out that a broker's size cannot be used to determine the level of risk involved. While larger brokers grow by providing a certain standard of service, the 2008-2009 financial crisis taught us that a big or popular firm isn't always safe.

The temptation to churn

Brokers or planners who are paid commissions for buying and selling securities can sometimes succumb to the temptation to effect transactions simply for the purpose of generating a commission. Those who do this excessively can be found guilty of churning—a term coined by the securities and exchange commission (SEC) that denotes when a broker places trades for a purpose other than to benefit the client. those who are found guilty of this can face fines, reprimands, suspension, dismissal, disbarment, or even criminal sanctions in some cases.

SEC defines churning

The SEC defines churning in the following manner:

The key to remember here is that the trades that are placed are not increasing your account value. If you have given your broker trading authority over your account, then the possibility of churning can only exist if they are trading your account heavily, and your balance either remains the same or decreases in value over time.

Of course, it is possible that your broker may be genuinely attempting to grow your assets, but you need to find out exactly what they are doing and why. If you are calling the shots and the broker is following your instructions, then that cannot be classified as churning.

Evaluate your trades

One of the clearest signs of churning can be when you see buy and sell trades for securities that don’t fit your investment objectives. For example, if your objective is to generate a current stable income, then you should not be seeing buy and sell trades on your statements for small-cap equity or technology stocks or funds.

Churning with derivatives such as put and call options can be even harder to spot, as these instruments can be used to accomplish a variety of objectives. But buying and selling puts and calls should, in most cases, only be happening if you have a high-risk tolerance. Selling calls and puts can generate current income as long as it is done prudently.

How regulators evaluate churning

An arbitration panel will consider several factors when they conduct hearings to determine whether a broker has been churning an account. They will examine the trades that were placed in light of the client’s level of education, experience, and sophistication as well as the nature of the client’s relationship with the broker. They will also weigh the number of solicited versus unsolicited trades and the dollar amount of commissions that have been generated as compared to the client’s gains or losses as a result of these trades.

There are times when it may seem like your broker may be churning your account, but this may not necessarily be the case. If you have questions about this and feel uneasy about what your advisor is doing with your money, then don’t hesitate to consult a securities attorney or file a complaint on the SEC's website.

Already stuck with a bad broker?

Unfortunately, options are very limited at this stage. However, there are a few things you can do. First, read through all documents to make sure your broker is actually in the wrong. If you have missed something or failed to read the documents you signed, you may have to assume the blame.

Next, discuss the course of action you will take if the broker does not adequately answer your questions or provide a withdrawal. Steps may include posting comments online or reporting the broker to FINRA or the appropriate regulatory body in your country.

The bottom line

While traders may blame brokers for their losses, there are times when brokers really are at fault. A trader needs to be thorough and conduct research on a broker before opening an account and if the research turns up positive for the broker, then a small deposit should be made, followed by a few trades and then a withdrawal. If this goes well, then a larger deposit can be made.

However, if you are already in a problematic situation, you should verify that the broker is conducting illegal activity (such as churning), attempt to have your questions answered, and if all else fails, and/or report the person to the SEC, FINRA, or another regulatory body that could enforce action against them.

Forex miners (forex-miners.Io) | fake or real?

Is the cryptocurrency investment website forex miners fake or real? Find out if forex-miners.Io is legit or a scam. Can you earn 300% profit in 72 hours?

Website name

Forex miners (forex-miners.Io)

Website type

Is forex miners fake or real?

Why is forex miners fake?

Forex miners is a cryptocurrency investing platform which claims to generate up to 300% profit in 72 hours. The name of the company itself is very confusing. Forex (foreign exchange) trading and cryptocurrency trading are fundamentally different. Forex cannot be mined and the company claims to trade in cryptocurrency, not mine it. The platform has nothing to do with forex in any case. Therefore, the name ‘forex miners’ nonsensical.

The website requires a minimum investment of $10. Forex miners claim that they generate hourly profits which can generate returns of 300% in 72 hours. There is a minimum withdrawal threshold of $24. The investments are made automatically. Investors need to do no work other than putting money into the platform.

A domain name lookup of the website shows that it was registered on 7th may 2020. No information about the registrant is available as it has been blocked for privacy. The footer section of the website implies that the website has been active since 2019, which is clearly a lie.

The home page mentions that forex miners is a registered company. However, no registration number has been provided which can be used to verify this claim. The company has given an address in UK, which implies that the company has a UK registration. However, no record of forex-miners.Io investment services limited was found in the companies house registry. This means that forex miners is probably lying about being registered. The address given by forex miners also seems to be fake. The same address was found to be used by two other cryptocurrency trading platforms, both of which now seem to be shut down.

The home page also has a live statistics section where usernames and withdrawn amounts are displayed. The name and numbers can also easily be faked and there is no way to verify their authenticity. In the two to three hours between researching and writing this article, the live statistics have not changed. This suggests that the statistics are not live at all.

forex miners pyramid scheme fake payout statistics

Forex miners has a referral/affiliate program wherein investors can earn commissions based on the investments of their referrals. Investors need not have an active investment with forex miners to invite referrals.

There is some confusion regarding the percentages of the commissions. The graphics on the website say that there is a 7%-5%-5% system. In this system, an investor earns 7% commission for direct referrals, 5% commission for referrals of referrals and 5% for the third level of referrals. However, the text right below the graphic and in the faqs tells a different story, as the commission percentages are mentioned as 4.5%-0.5%-0.5%. These are much lower than what is shown in the graphics.

The only contact information provided is an email address. Forex miners also supposedly has a phone number which is exclusive for VIP members. The email ID was found to be invalid when tested.

No user reviews could be found for forex miner, probably because it was launched recently.

All the signs indicate that forex miners is likely to be a pyramid scheme. The returns being promised are unbelievable and there is no evidence of any money coming into the company, apart from the amounts deposited by investors. There seem to be multiple lies on the website, such as the company registration, address and live statistics. Forex miner is also trying to give the impression that it has been running since 2019, though the website has only been active since mid-2020. The email address doesn’t seem to work. There is much confusion regarding the referral benefits, too. Not to mention, the name of the company itself makes no sense.

Forex miners seems to be a typical HYIP scheme in which money from old investors is used to pay new investors. Such ponzi schemes are illegal throughout the world. These kinds of schemes are unsustainable as there will be a point when no new members will be joining the company. When this happens, the revenue will run dry and investors will stop receiving returns. Most of the investors end up losing money in pyramid schemes. Only a few early investors see profits while others even fail to break even.

It is advisable to avoid investing in forex miner, as there is a high possibility of losing your money in this scheme.

Remember: if something seems too good to be true, it probably is.

If you have been a victim of an investment scam, you can take the following steps:

File a complaint with the payment portal. However, investment scammers mostly use methods such as bitcoin, western union, moneygram and other untraceable methods which make refunds impossible.

File a formal police complaint with the cybercrime department.

Leave a negative review on review portals such as scamadviser and trustpilot

Report the website to google using the suspicious site reporter extension for chrome

Give a low rating to the website on web of trust. You can also install their extension for the same.

If the company has a listing on google my business or google maps, file a complaint using the business redressal complaint form. Also, leave a negative review explaining what kind of experience you had.

Disclaimer: the views expressed in this article are presented as an educated opinion based on facts and evidence. There is no malicious intent or attempt to defame any individual/s or organization/s. If you are a website owner and would like to provide clarifications regarding your business and/or website, please get in touch using the contact form.

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Forex trading is real or fake

Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as instaforex you get access to the international financial markets and open your way towards financial independence. You can sign up here.

2 users say thank you to talha661 for this useful post.

The following user says thank you to falak for this useful post:

Very interesting question, forex trading is real or fake?

Very interesting question, forex trading is real or fake?

Everyone has his or her own views about forex trading. There are many types of people:

Who don't believe on taking risk to enter forex trading.

Who have lost money in the forex.

Who have earned money from forex.

Those who don't have capital to enter the forex market.

On the other hand every one have his own assessment and analysis to say which type of people are right. Any how specially the people of second type those who have lost their money due to insufficient money management skills and trading skills are used to say that forex trading is a scam or fake business and on the other hand people who have earned profit from forex trading they are used to say that forex trading is legitimate and real.

In my personal opinion (even though i don't have trading account for forex trading), I believe that forex trading is real and you can do longterm business in forex if you have capital and have sufficient skills of money management and know the strategies of trading in forex.

I hope this reply help you to understand the situation and you will find it as best answer to the question whether forex trading is real or fake?

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Is forex trading scam? Avoid forex broker scam 2021 (list)

Forex market traded gigantic measure of cash skimming around in an unregulated spot market that trades immediately, over the counter, with no responsibility, forex scams offer deceitful administrators the draw of procuring fortunes in restricted measures of time. While some previously well-known scams have stopped—on account of genuine implementation activities by the ware prospects trading commission (CFTC) and the 1982 arrangement of the self-administrative public fates affiliation (NFA)— some old scams wait, and new ones continue popping up 2.

Is forex trading for real?

Some time ago: the point-spread scam

An old point-spread forex scam depended on PC control of bid-ask spreads. The point spread between the bid and ask fundamentally mirrors the commission of a to and fro exchange handled through an intermediary. These spreads commonly vary between currency pairs. The scam happens when those point spreads vary broadly among agents.

KEY TAKEAWAYS

Numerous scams in the forex market are not, at this point as unavoidable because of more tight guidelines, yet a few issues actually exist.

One obscure practice is when forex agents offer wide bid-ask spreads on certain currency pairs, making it more hard to acquire benefits on trades.

Be cautious about any seaward, unregulated specialist.

People and organizations that market frameworks—like sign sellers or robot trading—in some cases sell items that are not tried and don’t yield productive outcomes.

In the event that the forex dealer is intermixing assets or restricting client. This scam has calmed down throughout the most recent 10 years, however be cautious about any seaward retail handles that are not controlled by the CFTC, NFA, or their country of root.

These propensities actually exist, and it’s very simple for firms to get together and vanish with the cash when faced with activities. Many saw a prison cell for these PC controls. In any case, most of violators have verifiably been US based organizations, not the seaward ones.

Fake forex brokers list

The sign seller scam

A mainstream current scam is the sign seller. Signal sellers are retail firms, pooled resource directors, overseen account organizations, or individual traders that offer a framework—for an every day, week by week, or month to month expense—that professes to distinguish good occasions to buy or sell a currency pair dependent on proficient suggestions that will make anybody well off.

In individuals who vouch for how extraordinary a trader and companion the individual is, and the immense abundance that this individual has procured for them. All the clueless trader needs to do is hand over X measure of dollars for the benefit of trade suggestions.

A considerable lot of sign seller scammers essentially gather cash from a specific number of traders and vanish. Some will suggest a decent trade every so often, to permit the sign cash to sustain.

This new scam is gradually turning into a more extensive issue. In spite of the fact that there are signal sellers who are straightforward and perform trade capacities as proposed, it pays to be doubtful.

Is forex trading legal?

“robot” scamming in the present market

Assessment of a forex robot must incorporate the testing of a trading framework’s boundaries and enhancement codes. In the event that the boundaries and enhancement codes are invalid, the framework will create irregular buy and sell signals.

This will make clueless traders do just bet. Albeit tried frameworks exist available, potential forex traders ought to do some exploration prior to placing cash into one of these methodologies.

Different elements to consider

Generally, many trading frameworks have been very exorbitant, up to $5,000 or more. This can be seen as a scam in itself. No trader should pay in excess of a couple hundred dollars for an appropriate framework today. Be particularly cautious about framework sellers who offer projects at extravagant costs supported by an assurance of remarkable outcomes. All things considered, search for genuine sellers whose frameworks have been appropriately tried to possibly procure pay.

Another steady issue is the blending of assets. Without a record of isolated records, people can’t follow the specific exhibition of their ventures.

This makes it simpler for retail firms to utilize a financial specialist’s cash to pay extreme compensations; buy houses, vehicles, and planes or simply vanish with the assets. Segment 4D of the product fates modernization demonstration of 2000 tended to the issue of asset isolation; what happens in different countries is a different issue.

Blacklisted forex brokers list

A significant factor to consistently consider while picking a representative or a trading framework is to be suspicious of guarantees or special material that ensures an elevated level of execution.

Different scams and cautioning signs exist when dealers won’t permit the withdrawal of monies from financial specialist accounts, or when issues exist inside the trading stage. For instance, would you be able to enter or leave a trade during unpredictable market activity after a monetary declaration? On the off chance that you can’t pull out cash, notice signs should streak. In the event that the trading stage doesn’t work to your liquidity desires, cautioning signs should streak once more.

The primary concern

Direct due industriousness on the forex merchant you’re thinking about by heading off to the foundation alliance status data center (essential), made by the NFA.

Expert forex lawyers about forex trading scams

Numerous progressions have driven out the hoodlums and the old scams and legitimized the framework for the numerous great firms. In any case, consistently be careful about new forex scams; the enticement and charm of colossal benefits will continually bring new and more complex scammers to this market.

Trade forex and cfds on stock files, products, stocks, metals and energies with an authorized and controlled representative. For all customers who open their first genuine record, XM offers a 15% invite reward up to $500 to test the XM items and administrations with no underlying store required. Study how you can trade more than 1000 instruments on the XM MT4 and MT5 stages from your PC and macintosh, or from an assortment of cell phones.

Forex cointrade (forex-cointrade.Com) | fake or real?

Is the investment website forex cointrade fake or real? Find out if forex-cointrade.Com is legit or a scam. 300% daily profit?

Website name

Forex cointrade (forex-cointrade.Com)

Website type

Is forex cointrade fake or real?

Why is forex cointrade fake?

Forex cointrade is a website that claims to be a platform for ‘secure investments’. The website name implies that the company is investing in forex and bitcoin. It should be noted that forex trading and bitcoin trading are completely different investment methods. The company offers returns such as 300% in 1 day that are highly-unrealistic. This suggests that forex cointrade may be a ponzi scheme.

A domain name lookup of the website shows that it was registered on 8th november 2019. The registrant’s details such as name, location and contact details have been hidden for privacy.

Though the website is less than a year old, the company claims that it has been running for 3,930 days ie. 10 years 9 months. This is clearly a lie as the domain name was only registered in november 2019.

The website content and design are not original. There are 45 websites using the same content. Some are even using the exact same layout, with the website name and logo being the only differences.

Forex cointrade claims to be a registered company in the UK. However, no registration number has been provided to verify this claim. Therefore, this seems to be another lie. In any case, there are several companies registered in the UK as shell companies for money laundering. As a result, companies registered in the UK are not automatically credible.

Forex cointrade has a referral program where investors can earn a 5% commission on the deposits of their referrals. This strengthens the suspicion that it is a ponzi scheme.

There are some video testimonial links given on the home page that are fake. These thumbnails do not open up real testimonials. Instead, they lead to a pop-up that shows a 2011 video explaining bitcoin. The dates on these testimonials are from before the website was even active. The same thumbnails are also being used by several other investment scam websites.

There are some social media icons for telegram, youtube and VK. These are dummy links that lead nowhere, meaning forex cointrade has no social media presence.

The contact details given on the website are a UK address and email ids. The email addresses were found to be working when tested using verifyemailaddress. The address, however, is incomplete as only the building name has been given. Therefore, it could easily be a fake address. No phone number has been provided. No reviews for forex cointrade could be found.

It seems quite obvious that forex cointrade is a scam. Returns such as 300% in 1 day are not realistic and only possible in a ponzi scheme. The company gives a 5% referral commission on deposits of referrals, which strengthens this belief.

The website claims to be running for almost 11 years even though the domain name was registered less than a year ago. The website says that forex cointrade is registered in the UK, but no registration number has been provided. Therefore, this claim is likely to be fake.

The website is not original as there are 45 websites using the same content. In some cases, such as vex-coin, the entire website is the same except for the name and logo. The website also has fake thumbnails of non-existent testimonial videos that carry dates of before the website was even created. The social media icons on the website do not work either.

The only way to contact the company is by email. There is a UK address given on the website that is incomplete and likely to be fake. It is advisable to avoid investing with forex cointrade, as it does not seem to be a legitimate investment company.

List of websites using the same content and design as forex cointrade:

24bitoption.Com

7dragons.Club

Acteonm.Com

Allinfocompanies

Alphacoinpro.Com

Alphatrade.Group

Alpha-trader.Info

Binaryoptionsfx.Com

Bitcoin-asset.Co

Bitcoin-minning.Com

Bitestra.Com

Bit-fxtrades.Com

Bitzstore.Ltd

Blockbix.Uk

Btcinvestmentoptions.Com

Cloudfare-mining.Com

Cryptobitways.Com

Cryptobizworld.Com

Cryptodragons.Biz

Cryptoexpertminers.Com

Cryptofunders.Club

Cryptomatrics.Com

Cryptoraise247.Com

Cryptotradefx.Net

Earningpointnews

Forex-coin.Co

Forex-cointrade.Com

Forexmining.Co

Forextrd24.Com

Genesis-miner.Co

Invest-tracing.Com

Litetradeinvestment.Com

Miningbtc247.Com

Procryptoknight.Com

Profit-miner.Com

Prolific-cents.Com

Rocmarkets.Com

Sharesincrypto.Com

Stockfxinvestment.Com

Superfasttrade.Com

Thepracticehub.Net

Tradeforexlive.Com

Vex-coin.Com

Volloo.Net

Zetraforex.Com

Remember: if something seems too good to be true, it probably is.

If you have been a victim of an investment scam, you can take the following steps:

File a complaint with the payment portal. However, investment scammers mostly use methods such as bitcoin, western union, moneygram and other untraceable methods which make refunds impossible.

File a formal police complaint with the cybercrime department.

Leave a negative review on review portals such as scamadviser and trustpilot

Report the website to google using the suspicious site reporter extension for chrome

Give a low rating to the website on web of trust. You can also install their extension for the same.

If the company has a listing on google my business or google maps, file a complaint using the business redressal complaint form. Also, leave a negative review explaining what kind of experience you had.

Forex scams

Top 7 forex scams to avoid today

As forex markets promise to give you an incredible return on investment, they became trendy in the last few years. However, often forex traders don’t have a great understanding of how forex markets work and what a forex broker does exactly, which leaves the latter a lot of room to scam the trader. Whether it is about proposals on instagram or simply fake investment advice, beware.

It’s a complicated industry, and even experienced people fall victim to intricate trading schemes. There are quite a few variations of the forex fraud. Let’s take a look at a few of them. Feel free to add names of questionable forex platforms in the comments section, at the bottom of the article.

Forex trading strategies – scam 1: the whole package

According to the specialists at investorguide.Com, this might come your way by crooks “creating false customer accounts for the purpose of generating commissions, selling software that is supposed to garner large profits for the customer, false claims of customers making huge money, the theft of a customer’s account and phony marketing.

Forex scams draw customers in with sophisticated advertisements placed in the newspaper, heard on the radio, or seen on internet websites.

Forex trading strategies – scam 2: computer manipulation of bid/ask spreads

How does this scam work? According to dailyforex.Com (a great team of analysts and researchers who watch the market throughout the day to provide unique perspectives and helpful analysis on forex trading), “the point spread between the bid and ask basically reflects the commission of a back and forth transaction processed through a broker. The point spreads differ widely among brokers and differ between currency pairs.

Since brokers don’t usually offer the normal two- to three-point spread in the EUR/USD, for example, but go for spreads of seven pips or more, any potential gains resulting from a good investment were eaten away by commissions. These commissions found themselves in the broker’s pocket.

Forex strategies – scam 3: commingling funds

In law, commingling is a breach of trust in which a fiduciary mixes funds that he holds in the care of a client with his own funds, making it difficult to determine which funds belong to the fiduciary and which belong to the client.

When it comes to the forex scam, the same team at dailyforex.Com explains: “commingling funds gives forex brokers the opportunity to pocket much of an investor’s money without the client ever noticing any discrepancy. The broker benefits financially during the trading and eventually disappears with a customer’s money.”

“if a forex trader looks carefully and states vigilant he/she can pick up are certain warning signs which can alert him/her when all is not on the straight and narrow. If a broker won’t allow the withdrawal of monies from investor accounts or if problems exist within the trading station, the trader should take immediate notice.

Additionally, guarantees of high performance levels-some much higher than those offered by other forex brokers-should be viewed with considerable skepticism.”

Forex strategies – scam 4: robots/automated systems

Surprised? Don’t be. This is an increasing scam especially with the advancement of the technology. Questionable brokers sell automatic trading systems which claim to generate automatic trades even when the trader is sleeping.

Some shady companies sell their special “packages” for thousands of dollars, only to find out that some of these you can find on the internet for free.

“most of these robots have not been tested by an independent source for formal review. Their trading system’s parameters and optimization codes are usually invalid and at the end of the day, the system generates totally random buy and sell signals”, concludes dailyforex.Com.

Forex strategies – scam 5: fake investments funds

All kinds of HYIP funds have been notoriously showing up everywhere. Simply because they work; for the scammers! The high yield investment program funds ‘guarantee’ you a great level of return for temporary use of your money in their forex fund.

The concept that sells this ponzi scheme is that the investors of yesterday get paid back by the investors of tomorrow. How the scam works is that once the fund runs out of prospects, it closes down and takes whatever money it has with it.

Must read: online college course scam

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 trading!

Forex on instagram – scam 7: fake accounts

With the advancement of technology, there are many well-run online scams on social media when it comes to forex. Some have over a thousand ‘followers’ losing money as the fraud is advertised as a get rich quick scheme.

People are signed up to a trading platform through so-called ‘companies’ and are asked to deposit their hard-earned money to deposit $400 (or EURO). Ultimately, they lose it all through investment advice from kids who earn a kickback when clients give money to the platform used to sign up.

These questionable forex platforms have recruited and paid multiple young adults from ages 18-21 to promote their scheme online. They get paid for luring new people into the system. They also use well known social media influencers to promote them and tell lies about the service.

How to avoid the forex scams:

There are many red flags you should be aware of. The first one would be when you are guaranteed a profit. There are no guarantee profits in forex. Use your computer and search reviews featuring the broker, or the system, or the signal seller.

Make sure the testimonials are genuine and do not come from their own websites. Check all the forex forums and google the name of the broker followed by the word ‘scam’.

Check their website very carefully. If they don’t have a legitimate contact page with phone numbers and emails, that’s another red flag.

Last but not least, keep in mind that there is no ‘miracle’ software that will figure out the forex market for you. If anybody would own that, why would they sell it?

How to report **the forex strategies scams:**

Make your family and friends aware of this scam by sharing it on social media using the buttons provided. You can also officially report the scammers to the federal trade commission using the link below:

How to protect yourself more:

If you want to be the first to find out the most notorious scams every week, feel free to subscribe to the scam detector newsletter here. You’ll receive periodical emails and we promise not to spam. Last but not least, use the comments section below to expose other scammers.

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Vzn-forex.Com review

Are vzn-forex reviews real or fake?

Vzn-forex.Com is an online website that is found to be quite dubious. Lots of potential customers have been asking if vzn-forex reviews are in fact legitimate & if vzn-forex.Com should be thought to be highly regarded.
In the beginning the internet site seems particularly genuine; but, looks tend to be awfully deceiving. Inorder to appraise whether vzn-forex.Com is a fraud or authentic internet business we found it necessary to carefully investigate vzn-forex.

Followed below are the steps we took to detect if vzn-forex reviews are honest and if the site can be believed or not.

We are going to deliver all the issues to you, then permit you to be the final judge to decide if vzn-forex.Com is a scam or legit.(soon after looking through our survey, you should ascertain that the answer is relatively transparent)

The one aspect that we were unable to look for on vzn-forex, are hidden webpages. It's prevalent for swindle web pages to generate webpages that can't be found by utilizing the site search engine or with the help of google search engine.
If you managed to identify a secret page on vzn-forex.Com (quite often this is a webpage that seems too good to be true) please make sure you write-up the web site link below.

Additionally, please advise other individuals about vzn-forex, by submitting your experience below. Did you almost get duped or were you tricked because this advice is far too late?
Inversely, did you truly feel this is a responsible online site? Your thoughts can make a difference, please submit at the bottom of this page so that other website visitors do not make the same errors.

Customer service information

Website age

Vzn-forex.Com is precisely less than one year old. The address was first purchased on nov 2nd, 2020.
The manager of this particular web domain name address is purported to be director.
DNS records state vzn-forex.Com is being hosted using: ns47.Domaincontrol.Com and also ns48.Domaincontrol.Com

Cyber security

Vzn-forex.Com was not found by the engines below to contain or conduct viruses. This alone doesn't always imply vzn-forex.Com is harmless; rather only that malware claims have not been proveded as of yet.

SSL certificate

Vzn-forex utilises an HTTPS certificate.
This means if users transmit private data to this online site there is a decreased chance the data could be seen by a scammer because all traffic will be encrypted. This is crucial for a web-site to have; but, doesn't represent on its own that the internet site is authentic.

Forex miners (forex-miners.Io) | fake or real?

Is the cryptocurrency investment website forex miners fake or real? Find out if forex-miners.Io is legit or a scam. Can you earn 300% profit in 72 hours?

Website name

Forex miners (forex-miners.Io)

Website type

Is forex miners fake or real?

Why is forex miners fake?

The only contact information provided is an email address. Forex miners also supposedly has a phone number which is exclusive for VIP members. The email ID was found to be invalid when tested.

No user reviews could be found for forex miner, probably because it was launched recently.

It is advisable to avoid investing in forex miner, as there is a high possibility of losing your money in this scheme.

Remember: if something seems too good to be true, it probably is.

If you have been a victim of an investment scam, you can take the following steps:

File a complaint with the payment portal. However, investment scammers mostly use methods such as bitcoin, western union, moneygram and other untraceable methods which make refunds impossible.

File a formal police complaint with the cybercrime department.

Leave a negative review on review portals such as scamadviser and trustpilot

Report the website to google using the suspicious site reporter extension for chrome

Give a low rating to the website on web of trust. You can also install their extension for the same.

If the company has a listing on google my business or google maps, file a complaint using the business redressal complaint form. Also, leave a negative review explaining what kind of experience you had.

So, let's see, what was the most valuable thing of this article: globaltrade-forex.Ltd reviews may not be real at all. Visitors have reported concerns that globaltrade-forex is a scam / fake website. Globaltrade-forex.Ltd was only created on nov 2nd, 2020. Read our full investigation & real customer reviews. At forex real or fake