There are numerous questions that you as a Forex trader should ask before you finally decide to make your first deposit money into your new FX account. Such things like whether the broker is licensed or the minimum amount of initial deposit should be clear to you from the start. In our Alvexo review, we are going to look into these things and which will then help you determine whether it is safe to trust your money into their hands.
It is often said in the Forex world that you should never invest more than you can afford to lose. It should also be said that you should never invest in a brokerage firm whose legality is questionable or its character cannot be vouched for. We are going to look into InvestMib.com Forex broker today. In this review, we are going to look into reasons why you should investigate some more before committing your money into InvestMib or skip the broker altogether.
24 Capital Markets is one of the well-known FX brokers to have shifted from the binary options sector. The brokerage firm is registered and licensed by CySec of Cyprus. The brokerage firm has a global presence and it uses at least four different languages to reach its customers. The company is one of the oldest online FX firms. Among the key features that make 24CM stand out include an initial deposit of $250, having a withdrawal period of three days and having six different types of accounts. In this 24 Capital Markets review, we will look at the complaints leveled against the broker by traders from different parts of the world and over the years.
No one likes to fall for a scam, especially when it involves money. Yet such scams still go on regardless because the conmen keep learning new tricks. It is no different when it comes to the online retail Forex market. In an industry with a daily transaction of $5.1 trillion, that number could not fail to attract these conmen. Indeed, the fraudsters have filled the industry to a point where legislators are calling for tighter regulation. While that may help to reduce the Forex scams, your safest option is to learn how to spot them yourself. Is GMOTRading one of such companies to avoid? Is the GMOTrading scam that has been in action for a few years? Read our review and you will find out!
After a very bad experience with a Forex broker, you may be thinking about moving on to greener pastures. If you have Googled various options and perhaps landed on the S2Trade homepage by coincidence, then maybe it wasn’t your day because that is a broker that should be avoided like the plague. The S2Trade scam has managed to lure in hundreds of traders who have all lost most or all of their capital in the process. Fortunately for you, this S2Trade website review will highlight the inconsistencies in the company that should have raised alarm.
The crypto revolution rocked all financial markets in 2017, generating enormous profits for those who had invested earlier. The crypto fever caught on, and more people began joining the craze. Along with the investors, there came a host of scam artists who were only interested in ripping people off. One such company is CryptoPoint who have managed to set themselves apart as a team of unsophisticated scammers.
A trader will always look for a broker that looks credible and hope that in the long-run such a broker will remain true to their word. Portex Markets seems to have disappointed quite a number of its clients. Even though the broker is listed and licensed as a firm that can conduct business on behalf of another (principal) firm, there are several things which makes it look like a scam.
Libertex is an online forex trading broker which falls under the Forex Club umbrella. Libertex is also the name of this broker’s own trading platform. If you are wondering “is Libertex legit?” then we have got your answer.
AG Markets is an online forex broker that’s registered in New Zealand with offices open in Mexico. It is a brand of Advanced Global Markets Ltd. and was started by Carlos Ferrer in 2013 and offers online forex trading to its clients. If you have come across AG Markets and are wondering if AG Markets can be trusted then read our in-depth review to find out if trading with this broker will be to your benefit or detriment.
TradeiAM is a new CFD and FX broker on the market, which website was officially launched at the end of June 2017. Usually, traders expect from the new brokers a high degree of reliability and truly unprecedented experience. Unfortunately, TradeiAM has not lived up to our expectations. Is TradeiAM scam?