Post Tagged with: "forex scam"
Forex Scams: Things Can Get Really Ugly
Valeria Bednarik, Chief Analyst at FXstreet.com has been a victim of identity stealing. An unknown individual opened up an email account that resembles her name, and is using it to sell forex signals. That’s ugly. Not only is this person benefiting off somebody Bednarik’s reputation, but he is also damaging it: Bednarik doesn’t sell signals. So if you
If Your Broker Insults You, It’s Time To Run
There are sophisticated ways to squeeze money out of you in an elegant way. But even if you aren’t aware of what your broker is doing, once he begins insulting you, well, I hope you can still get your money. Here’s a story. I’ve recently received an email from a trader that was very upset
ForexPlace Cleared of Charges in Preliminary Court Hearing
One month ago, I’ve reported about an attachment order against 4XP. Well, now the tables have turned in this case, as a preliminary court hearing now clears the company of wrongdoings, at least for now. Here are the full details, as given by the company: Following the initial shock of the alleged misconduct on Forex
Even in Forex – Hate the Player, Not the Game
Last week I took on SmartMoney. This week I take on the Prism Money personal finance blog, which is hosted by none other than Reuters, my own employer (it’s a really big company, though, so no, I do not know the author and/or editors responsible). The post in question is Forex folly: Why you shouldn’t be trading
Assets of Forex Broker Seized After Trading Against A Client
An Israeli court has ordered a seizure order against Forex Place in a size of around $1.7 million for financial mismanagement in running a client’s account. The trader showed that the broker was trading against him and got a warrant to seize the broker’s assets. Here are more details. Israel’s Globes reports (Original in Hebrew, Google
11 Forex Predictions for 2011
Exciting 2010 is behind us, and it’s time to discuss what can happen in 2011. Here are the expectations for currency movements and also for trends in forex trading. It’s very hard to make predictions for a full year, because so much can happen, but there are some trends that can continue or fade away.
It Hit Stop Loss? That Must Be Wrong
So you wake up in the morning, check out your positions and find out that your position was closed – your pair reached the stop loss and the position was closed with a loss. You think that “you win some, you lose some”, and in this case you lost. But wait. Something is wrong this
Less Forex Scams?
Andriy checked out Google Trends to see how the term forex is doing, and sees that continues to enjoy a steady rise. He also checked out other related phrases and found that “forex scam” is declining since the beginning of the year, after reaching a peak. Are there less forex scams? Andriy doubts that and
5 Ways To Identify Fake Forex Broker Reviews
Many traders or future traders shop for a broker to work with and find endless reviews on the web, and not all are genuine. Here are 5 ways ways to separate the good from the bad. There are lots of sites that specialize in forex broker reviews and lots of talk about brokers in various
Oops, we’ll reinstate your position
Not all forex brokers were born equal. Some will play dirty tricks to drain your account without being typical scammers. Here’s ascenario that happened to me and to many others. This should ring all your bells. There is a solution: take your business elsewhere