[ad_1] A forex scam happens when a forex broker convinces traders that they can gain extraordinary profits in the foreign exchange market. There are many scams out there but the more common ones involve: The broker running a fake online brokerage, accepting deposits and running off with your money The broker charging excessive fees to…
Tag: Brokers
Who Regulates Forex Brokers?
[ad_1] The Foreign currency exchanges (Forex) of the world are running non-stop and the market is a global one that crosses national boundaries. A trader in Australia could quite easily trade in Japanese Yen via a broker based in the US, so how is Forex trading in the US regulated? The Forex market is a…
All About Forex Brokers and Their Importance
[ad_1] Have you ever come across the term ‘Forex Brokers’? For those who have not, be assured that it is something which is very important for a country’s economy and the general welfare of the public of a country in all financial matters. In this article, we would talk about the importance of foreign exchange…