The foreign exchange (forex) market is huge, with an average daily trading volume of more than $5 trillion, including currency futures and options. It's also not very well regulated. That means the opportunity still exists for many forex scams that promise quick fortunes through "secret trading formulas," algorithm-based "proprietary" trading methodologies, or "forex robots" that do the ... Forex scams are more common than you think, and new ones will continue to pop up. Here's what you need to know in order to spot them. Whether it’s insider trading or some other manipulation of the international markets, trading fraud can take many guises – and it can even have links to the wider stock markets as well. As a result, it’s wise to keep yourself fully informed about what the brokers you are considering are up to – and make decisions to avoid those who don’t offer the level of safety and security you ... 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... Our experienced Forex and fraud lawyers offer expert legal services in scams and financial disputes with online trading platforms. Our fraud Lawyers’ team provides traders expert advice on every step of getting their money back from financial platforms established in Europe or affecting European traders. Updated for 2019. Either you suspect you may be, or you know are a victim of trading fraud and you are doing everything you can to get justice. Perhaps you have already opened a case with a scam recovery company like ours but you want to make sure that other traders do not make the same mistake. So where do you report it? July 6, 2015 July 6, 2015 / Ponzi Scams, Phishing Emails, Fake Websites & HYIP Be warned! The Securities and Exchange Commission (SEC) has advised the Filipino public against dealing with several companies that do not have the proper license to operate or the authority to solicit investments from the public.
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