collapse

Author Topic: How can any broker steal your money, even regulated ones  (Read 30394 times)

Offline drunkfx

  • Sr. Member
  • ****
  • Posts: 882
Re: How can any broker steal your money, even regulated ones
« Reply #75 on: June 29, 2020, 07:20:11 AM »
You're right, something like this can really occure. All we can - can choose reliable brokers and be guided with reviews, to choose the most reliable one. Reviews are the best way to understand everyrhing about brokerage

I would also recommend to read reviews where they are moderated because fake reviews is a big problem for any fx rating website, they are constantly attacked by paid employees. For example I found my current broker Hotforex constructing opinion about them using FPA reviews (properly moderated reviews website).

Offline fxopen78

  • Full Member
  • ***
  • Posts: 224
Re: How can any broker steal your money, even regulated ones
« Reply #76 on: June 30, 2020, 11:53:38 PM »
Indeed fake review sometimes make a blur to examine the broker reputation, however choosing broker also then need to pay attention with the risk involved in trading, good broker if the loss in trading hence losing money too, but good skill get scam broker also will become a problem since want to withdraw funds

Offline Eliza Abrams

  • Hero Member
  • *****
  • Posts: 1539
Re: How can any broker steal your money, even regulated ones
« Reply #77 on: July 16, 2020, 02:32:47 PM »
Fake reviews are a huge problem. It gets even worse when scammers pay celebrities and influencers to promote them. The celebrities spew outright lies and either don't know to doublecheck what they are talking about or they just don't care about anything but money.

Offline Nuadaris

  • Jr. Member
  • **
  • Posts: 22
Re: How can any broker steal your money, even regulated ones
« Reply #78 on: July 28, 2020, 06:17:53 PM »
If you do not know this then you need to. Even the regulated brokers are a buch of thieves that are just after our money. If you take your time nd check out the most popular brokers on andrid and even pc then you will relaise that quite a number of peole complain about the trades being programmed to make them fail. That is how the brokers steal because most people never notice it.

Offline Nuadagas

  • Jr. Member
  • **
  • Posts: 29
Re: How can any broker steal your money, even regulated ones
« Reply #79 on: July 29, 2020, 05:42:43 PM »
There is coruption everywhere and even in forex. Some of these regualted brokers are stealing the traders oney but as long as there is no proofe they can continue doing it. There are regulated brokers that allow you to deposit instantly but wh you want to withdraw they ask for some documents that you do not even have. Just like that you lose your money or they take forever to process your withrawal and you just let the money go.

 

browse forum

* Recent Posts

Re: EUR/USD by Eliza Abrams
[Yesterday at 04:21:22 PM]


Re: FourLeafClover EA from FourLeafClover FX by alaali
[Yesterday at 02:05:17 PM]


Re: FROM THE MOUTHS OF TROUBLEMAKERS by peter_s
[Yesterday at 12:44:41 PM]


Re: FROM THE MOUTHS OF TROUBLEMAKERS by Humble Trader's Fx
[Yesterday at 12:25:07 PM]


Re: FROM THE MOUTHS OF TROUBLEMAKERS by Humble Trader's Fx
[Yesterday at 12:01:36 PM]


Re: FourLeafClover EA from FourLeafClover FX by Price Pays
[Yesterday at 10:37:32 AM]


Re: Manual Trading Strategy - ProFx by Price Pays
[Yesterday at 10:34:46 AM]


Re: FROM THE MOUTHS OF TROUBLEMAKERS by Price Pays
[Yesterday at 10:25:19 AM]


Re: FROM THE MOUTHS OF TROUBLEMAKERS by peter_s
[Yesterday at 09:56:06 AM]


Re: FourLeafClover EA from FourLeafClover FX by alaali
[Yesterday at 07:36:03 AM]