While the potential for financial success in forex trading is real, so is the risk of encountering scams that could cost you dearly. Knowing how to identify and avoid these schemes is a critical ...
However, as the promise of forex trading grows, so, too, does the volume of scams designed to steal money from unsuspecting and beginner traders. Forex is usually an afterthought for investors ...
Because of its size and the volume of trades in the forex market, the industry is rife with scammers. Scam forex brokers are often unregulated, though many seek licenses in less-regulated offshore ...
Gasabo Intermediate Court is set to begin the substantive trial of businessman Davis Manzi on February 12. Manzi is accused of defrauding over 600 people of $10 million through his online forex ...
The Commodity Futures Trading Commission (CFTC) also warns prospective FX traders about rampant fraud in forex. Scams can involve pitches of low-risk, high-return currency strategies or promises ...