How to protect yourself from foreign exchange fraud

What have we learned?

The scam is real!

yes! Those bad people who live by fraud are real. However, unfortunately for them, you are very smart! You know the only way to succeed in currency trading is to learn from scratch and accumulate trading experience!

Repeat loudly3The following content:

I won't believe in risk-free intelligent systems! I won't yield to promises of returns! Finally, I won't be too lazy to let others trade for me

After finishing, let's take a look at the questions our viewers often ask!

Q： How to protect oneself from deception?

A: Simple. Receive education. Be smart. Know what a scam is like. Good and incredible things are often not true.

Q： How to chooseforeign exchangeBroker?

AFirstly, the most important thing is to ensure that brokers are regulated by national regulatory agencies. Research, research, research again! Use our Broker Handbook as a reference.

Q： Is the foreign exchange manager trustworthy?

AIf the foreign exchange manager is yourself, of course! If not, I am very skeptical. But if you insist on avoiding difficulties, it's difficult. Do a background check to ensure that the person has the appropriate certificate and license.

Q： Can foreign exchange intelligent systems make profits?

AHas the moon ever turned blue? Foreign exchange intelligent systems are not profitable as they are pre programmed into technical indicators and cannot be adjusted according to changing market environments.

Q： If I discover possible fraudulent behavior, who should I contact?

ADifferent regions have different regulatory agencies.

U.S.A:

CFTC：http://www.cftc.gov/ConsumerProtection/RedressReparations/index.htm

NFA： http://www.nfa.futures.org/basicnet/Complaint.aspx

britain:

ActionFraud：http://www.actionfraud.org.uk/report_fraud

Australia:

Scamwatch：http://www.scamwatch.gov.au/content/index.phtml/tag/reportascam

QWhere can I catch the goblin?

AFind the unicorn. Where you find the unicorn, there are the little goblins.

So remember, foreign exchange scams really exist. Be careful and seize the money you've earned hard. The good news is that there are law-abiding foreign exchange companies. Ensure a comprehensive investigation of a company if you want to collaborate with them.

Share with others on the forumForeign exchange transactionsThey were asked if they had encountered a similar situation before. There is a lot of information online, so do your homework well, use your brain, and you will be very good.