How to spot a forex trading fraud

Are you sure that a recent promise by someone to help you get filthy rich in a day wasn’t a scam? Or that your unguided approach hasn’t led you in to a well-planned hoax? You’ve been the subject of a fraudulent scheme? And let’s just face it; a lot of people have been inflicted by such plights. With the market growth sprouting like fungi on the global fronts nobody wants to lag behind in their material success and why should they? But as this race falls into sync with the hoax business preying on the naivety of new investors in the market; chaos finds its place, dreams fall apart and hard earned money is thrown around like confetti. And by the time the victimized amateur sees the devil horns under the fake halo of the seductive sharp suited lure, it is usually too late. Money has already gone down the drain with no return factor.

We here at Forex have taken up the initiative to educate our clients and make them aware of the foreign currency scams being carried out shamelessly in the forex industry.

Be aware of tempting promises
The first point is to educate and make them aware of the ordinary client and about the weak spots that these hoaxers prey upon. The number one fault of this sort is the blind pursuing of tempting promises that guarantee zero risk and 100% profit with amateur experience and non-substantial verification. It is the “oh look it promises and guarantees. It must be real”, approach that kills the target.

The primary implant in one’s brain in this aspect should be that “no investment is risk free” and “100% profit is never a guarantee in real world’s trade.” And hence, whoever promises you otherwise is a bluffer. Be very much aware that a past success by no means is a guarantee for future success. Make sure to see the verified broker statement of a verified accountancy firm first and foremost.

– See more at: https://goo.gl/QSPJGd