How to avoid Forex and other Trading online Scams!

Abdulmajidkhs

Well-known member
As a full-time or part-time trader I recommend you to read and understand this article throughout. Many South Africans have begun trading and investing online for the first time as a result of the Covid-19 outbreak without making research...

 
Choosing the right broker is important for long-term business, no one traders want to enter a scam broker, however, sometimes traders still enter a scam broker although making research. One needs to be a consideration when looking if the broker is regulated in top tier regulation agencies like FCA or ASIC, then reading reviews of traders.
 
Stick to brokers that have been around for a while, read online reviews from multiple sources, and check their website for transparency. With sites like Forex Peace Army, you're bound to find information about any broker that's been around for a while if they are sketchy. If they haven't been around long enough to have any feedback, go elsewhere with your money or else you'll be a Guinea pig.
 
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