Thread: trap of fraud brokers

There are many traders who are falling in the trap of fraud brokers. Even they can’t withdraw their main balances. Due to the existence of increasing number of scam brokers, a foreign currency exchange trader must be careful before start working with any random broker. I have never faced problem regarding withdrawal of funds: I am enjoying a complete security of capital since I am working with a licensed broker.

Originally Posted by Baz Dent

There are many traders who are falling in the trap of fraud brokers. Even they can’t withdraw their main balances. Due to the existence of increasing number of scam brokers, a foreign currency exchange trader must be careful before start working with any random broker. I have never faced problem regarding withdrawal of funds: I am enjoying a complete security of capital since I am working with a licensed broker.

I think Brokers such as FreshForex needs to be appreciated for remaining true to their clients. This broker has very low spreads and is regulated. SO far, they're the one I see best for any scalper.

In the trap of fraud broker there are many brokers who are falling. Their main balance they even can’t withdraw. Day by day broker choosing is becoming very tough job for traders. From the first day of my trading I have working with Forex4you trading. I choose them after checking their license and regulation system. That’s why from this reliable broker I am having sufficient facilities. Their narrow trading spread and high leverage facility makes my trade profitable.

With a regulated broker a forex trader can at least get the freedom to trade in a secured trading environment. Thereby, no trader should overlook the importance of working with a licensed broker if he is a risk adverse investor. And I have been working with a regulated broker CIBfx since 2016, never faced any problem of capital insecurity. I never faced any problem of transactions of money and withdrawal of my capital.