How to Avoid Forex Trading Scams?
Conduct thorough research on the broker or service.
Be wary of guarantees of high returns or profits.
2. Avoid Unrealistic Promises
Ensure the broker is regulated and verify their regulatory status.
Use reputable payment methods.
4. Payment Methods
Use a demo account before investing real money.
5. Demo Account
Read customer reviews of the broker or service.
Be cautious of anyone pressuring you to invest.
7. Avoid Pressure
Be careful of people on social media posing as financial advisors.
8. Beware of Social Media
Be wary if asked to make payments in cryptocurrency.
9. Cryptocurrency Payments
Ensure there is clarity about how returns are generated.
Read Full Article