Scam Forex Brokers
Shortly after the introduction of online trading platforms, scammers had started to trap traders in their nets. These scammers have evolved with time, and they are found in all trading markets. They create colorful websites as replicas of trading platforms and make complete use of disguise. Thousands of people lose their money to fake brokers annually.
They usually trap people by promising big profits, dubious tools, fake ratings, and attractive graphics. They perform their scams and disappear overnight, and sometimes they create Pyramid Schemes and loot people for a longer period without getting noticed.
The purpose of telling you this information is that it is impossible to tell that who is going to be their next target. But you can do one thing, and that is to take all precautionary measures. You should stay away from the brokers who offer you above-average profits. You should check the license of brokers before providing them with your sensitive information. You should also check the lists of blacklisted brokers so that you know them by name and don’t even open their websites. I have also created a list of fake forex brokers so that you get to know about them.
- Adamant Finance
- AGM Markets
- Alfa Trade
- AXEForex
- 770caital
- Atiora
- Axes
- ForexCent
- FortFs
- NetoTrade
- Boston Merchant Financial
- Tradaxa
- Xtrade Europe
- Verum FX
- Turbo Forex
These brokers have been reported as doing most of the scams, and if you stay away from them, then your chances of getting scammed will reduce significantly.
If you take precautions but get scammed by any other fake broker, then you should be aware of what to do in that situation. Without panicking, you need to contact Money-Back.com because our platform is one of the best funds recovery platforms in the market. We specialize in dealing with every type of online scam and Ponzi scheme. You can get a free consultation from us, and we will help you in recovering your money. You will find contact numbers on the website, which can be used to contact our customer support representatives 24/7.
