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Forex Robot Scams

If there are people who are normally swindled money by brokers online then they are traders. One big disadvantage is that most of them have fraudulently robbed traders and are never caught after disappearing with their clients’ money.

We have heard of these scams each and every moment as they come and go and even […]

Spotting A Forex Scam

Spotting A Forex Scam

The forex market is worth over $1 trillion a day, a lot of transactions take place every day.

With all these transactions that take place and brokers there are many scam companies or bogus or manipulative companies to watch out for.

The old common forex scam is based on computer manipulation […]

Identifying Forex Scams

Identifying Forex Scams

As long as the Forex market exists to do trading there will always be opportunities for scammers to work and commit fraud. Scammers will always find ways to scam you but making it hard for you to claim against them.

If you are or have been tempted to try your hand […]

Forex Scams

FOREX SCAMS AND WHY YOU SHOULD AVOID THEM AT ALL COSTS

The global financial crisis has led people to resort to other means of getting money quickly such as online trading. Online trading is one of the fastest ways that a person can make money quickly without much hustle and it is also the fastest […]

Xtrade story 5 scam

Xtrade story of scam

Here is another xtrade story showing their scam techniques

XTRADE is using very unfair conditions in their platform.

First of all, there is a very big latency in the execution. Near volatile events, an order may need even 30 SECS in order to take place. Meanwhile their platform is using an […]

Xtrade Story 4 of scam

Xtrade story 4 of scam

Xtrade Scam from Karate Patel

Did Xtrade scam you? Answer:

Yes i can say it. well it would be a registered trader broker as all in the market. But their sales agents calls up 10 times a day yes u heard right they called me up 11 times in a […]

XTrade story2

Xtrade scam stories

Story 1

I have some news on XTrade . In January 2016 I reported this company to the Ombudsman of Cyprus by written Complaint and the payment of 20 € by bank transfer . RESULT : AFTER six months XTrade Mandate has got A mail to repay Part of What I missed […]

xtrade story1

How Xtrade scammed me

My name is George Adrian and on 17/06/2016 i opened a position in my trading account in XTRADE of 150 contracts ($150 per pip value) on german 30 index at price 9700 .

Today the price on german 30 (german index )was moving from 9950 to 9980. The spread on german […]

Xtrade story

Xtrade story

Here is the testimony of another Xtrade victim:

My story starts like this – I saw their ad on Investing.com I joined. They persuaded me to put money in and also offered a 100% bonus which was a waste of time as you have to do it in 30 days to get points […]

Xtrade fined by CYSEC

Xtrade fined by CYSEC 225000 euros.

 

Why? for a number of breaches including not looking after clients risks and giving bad advice

 

CySEC fines XTrade parent company €225,000 for bonus and investment advice failures

 

XTrade fined €225 000 by CySEC for numerous offenses

Xtrade it has been claimed has scammed […]