Scam Forex
Three major types of forex scams to avoid. those involved in forex scams, money scams and general trading scams are always trying to find new and innovative ways to take advantage of new traders. however, there are three major types of forex scams that people commonly fall victim to. Its an online game just like black jack. you are trading with a computer program. not with other people. there are no banks involved. your broker controls the gaming platform. your broker is your counterparty. this trading environment is called ot. Foreign exchange fraud is any trading scheme used to defraud traders by convincing them that they can expect to gain a high profit by trading in the foreign exchange market. currency trading became a common form of fraud in early 2008, according to michael dunn of the u. s. commodity futures trading commission. the foreign exchange market is at best a zero-sum game, meaning that whatever one. If you do an internet search on forex broker scams, the number of resu...