funds. If you dedicate your time and learn how to trade properly, you might achieve a great source of income. Here's where Forex scammers step in and make you exciting offers. If there are none or they are sound fake, you should stay away from that service provider. Further Steps You Can Take To Protect Yourself. AH FX - Free Forex Discussion. A few proper questions, can determine whether you are dealing with a trustworthy broker or a Forex scam artist. Are they a registered company? From my understanding a lost trade is when a bridge shows a price that a client tries to execute and after confirming the price again with the LP the deal is not executed for some reason. "Snake oil" is the term traders use for false traders and trading systems that have no valid proof of their trading history.
Do they use actual names? This will help you understand which Forex brokers to avoid. The availability of a Demo account is another indicator of a good or bad broker. But could there be a solution to this problem? Look for customer reviews on reputable websites. Conclusion To ensure you're not a victim of a scam, always use a regulated broke r that is well established, has favourable online reviews, and is 100 transparent in their fees and compliance policies. Here a few simple rules compte forex boursorama to follow in order to avoid scammers: Remain safe and don't run after empty promises.