Proof that forex brokers cheat you – Alan's Forex Blog

Are Forex Brokers Cheating Their Clients?

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Primer on Binary Options Recovery

Primer on Binary Options Recovery
A binary option is a financial option wherein the payoff is particular fixed money or nothing at all. There are mainly two types of binary options cash-or-nothing and asset-or-nothing binary options. The cash-or-nothing binary option pays some fixed amount of cash if the option expires “in the money.”
The asset-or-nothing binary option, however, only pays the value of the underlying securities. This option makes many people quickly lose money trading binary options. So what happens when you have lost money trading binary options?
Recover from Binary Options How to Recover from Binary Options Lost or Scam with a Verified Recovery Expert.
Have you been enticed to get entangled in trading binary options? Have you had any bad experience with binary options? Are you a victim of the famous binary options scam?
“How do you recover from binary options scam?”
It happens to lots of people, even professional, educated people and the elite. If you get swindled, the first thing to do is not to beat yourself up over it but act fast. More importantly, suicide is not an option, and we can always heal and recover from our loses once there is life.
An unfortunate story of an Australian man who got himself entangled in binary options lost a lot of money and had the third mortgage on his house with a lot of other debts. And then he ended his life.
There are a lot of somber stories of people who have lost it all to binary options and have no clue how to recover from binary options schemes and fake brokers.
Firstly it goes without saying, it’s better to prevent, investigating the business and doing background checks is very necessary before any investment. Here are some tips to help you.
  1. When investing, do proper research and make sure the broker you are working with has an appropriate regulation and licenses like ASIC, FCA, CySEC, CFTC, BaFIN, or other government regulators.
  2. Always make sure you don’t invest all of your money.
  3. Get wealthy quick programs are bound to lose more money, don’t fall for investments of such.
  4. Learn and do more research about the financial option you are planning to invest.
  5. Listening to your broker is another mistake, as they have lost peoples money in many instances, the reverse of a brokers advice might be doing you better.
  6. Check out the platform and use all their demo till you are skilled and never agree to add funds in a rush.
A lot of people have their first experience with binary options through a scam. Binary options trading scams are widespread, and recovering from binary options schemes might be very hard but not impossible. The binary options industry is steadily misused, and many scammers and thieves get away with a lot due to slack regulatory laws, shallow knowledge and negligence of victims. There are fake review websites that support and endorse these scams, so for a person with no trading experience, it is almost impossible to find the right path.
A lot of people are getting duped and losing their money to these schemes. They have assured an income, but in actuality, they take their money and lose it deliberately.
https://preview.redd.it/y9y274olp2j51.png?width=601&format=png&auto=webp&s=7e2f7c4667ae31cc5011c6a88713b111e14575b0
What to do if Scammed by Binary Options? The web has a lot of fraudulent binary options brokers. So once you realize you have been a victim of the scam, don’t panic! You will most likely go through guilting yourself and emotional distress. Your first step is to file a complaint to the customer services team. Always remember the risks involves in the trades, you can lose money as well as gain as much too. If you lose money or get scammed, you will be reminded of the risks.
Documenting all that has happened is very important. The world would be better if we did not have thieves and people who create scams aiming to steal from us. The best move anyone can make is to educate themselves about possible scams and the way they work because they are everywhere and to be intelligent in the decisions made by them and the information they provide.
These Con artists have found binary options a simple system to use their system to strip the money of unsuspecting casualties. This write-up will focus on educating you, on binary options scams and binary options scammers. If you have ever lost money to binary options, check for links below to hire a recovery organization to help you get your money back. Binary options investing can be an excellent way to make more money without having to do much, but when you are dealing with the wrong people, it can be a quick way to lose a massive amount of money. We believe when you are done reading this article, you will be able to determine the differences between reliable binary options systems and the scam artists.
Don’t forget that you must file a complaint to customer services of the respective platform you used, and it is the first thing to do when you feel spooked. All regulatory bodies have their procedure and steps, and they will also ask if you have filed a complaint. In few countries, it is required legally that the company gives you a case number which you can then use to file a complaint to securities and exchange commission.
It is also essential contacting your credit card company and bank fast so they can provide solutions such as chargeback for you. If you find that you get stranded and need help then get it to contact with a recovery expert, and your best bet is Assured Recover. They will undoubtedly be able to help recover all lost funds.
Also, be very careful with recovery rooms as they can even scam you as an easy vulnerable target.
Recover Losses made to Binary Options with Verified Recovery Experts. A few recovery companies that focus on lost funds and wealth recovery internationally. Some legitimate companies also claim they can help, but since there isn’t much of a right side to this, they usually fall short of their promise and client’s expectations.
Some chargeback companies offer a service to help, and some may be able to help. A significant number of people who have lost money to fake binary options companies like IQ options, VIPBinary, 24option, and other fraudulent binary options trading platforms/companies that have bad reviews and been accused of scams. Assured Recover has successfully helped customers who were scammed and to get their money back.
Here is a testimony how Assured Recover helped someone who got scammed by Trade Toro.
One wouldn’t think much of this, all I wanted to do was invest and be part of it, but the brokers weren’t truthful. They collected money from all in the name of investment, and when it was time to withdraw, I realized I couldn’t. At the time was when it occurred to me, I had been duped.
I consider myself to be one of the very few privileged ones as I was able to get all recovered from this scam Binary options brokers. Assured Recover is simply the best, and in less than 30 days all my funds including bonuses had been recovered, If your broker lost your funds trading Binary options, one of these verified recovery experts will help you get your funds back without any traces.
I’m pleased to let people know how I was able to recover part the money that I got cheated by Trade Toro, and I’d like to write in favor of Assured Recover. Assured Recover is your best bet when it comes to binary options recovery.
Binary options trading scams will make you lose money and also make you blame yourself for not being more careful. These Verified Recovery Experts offer binary options loss recovery service to everyone in need of such services. Here is the link to the original article, and how to recover money lost to binary options, forex, cryptocurrency etc.
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Binary.com ICO a new scam is brewing - INVESTIGATION Part 1

I think this one deserves a thread by its own given how bad this companies reputation is and the fact that they are threatening to sue legitimate review websites in order to silence them. PLEASE CRYPTO COMMUNITY INVESTORS DO NOT BE STOXED again ;). Read below.
Binary.com is a binary option broker in Malaysia. They are beating their chests about wanting to sell 10 million tokens to pay dividends to token holders from annual profits made by Binary.com. Binary.com is openly paying their affiliates on clients losing. This is known as their "revenue share" model for affiliates. PROOF: https://www.financemagnates.com/binary-options/brokers/exclusive-binary-com-ico-shows-company-profits-surpass-20-mln-2017/
What is VERY VERY worrying is that www.forexpeacearmy.com that is a known bastion of hope for traders who get scammed and who actively is helping them recover money was THREATENED BY THE CEO OF BINARY.COM JEAN-YVES SIREAU to remove all negative posts or else they will pursue legal action. PROOF https://i.gyazo.com/5c144da224b40158ce9176ad074a92cd.png PROOF 2:http://www.forexpeacearmy.com/forex-reviews/5006/www.binary.com
Binary.com the more you dig the more you can expose this company. Here you can see how they have actively been scamming clients by manipulating prices as well. PROOF 3: http://www.forexpeacearmy.com/community/threads/beware-of-binary-com.44700/ PROOF 4: http://www.binaryoptionsedge.com/topic/2981-binarycom-manipulating-price/
Binary.com makes money when the client is losing. Simple. So them showing off about the millions they have made in profits every year is somehow deceitful since they have cheated traders out of this money. Any negative reviews that do appear the company threatens to sue people. This one seems worse than STOX who stole 30 million dollars from investors. These brokers need to go they simply have no place here. Fraudsters.
I am in their SLACK channel and it is run by their marketing person KAREN YAP who is a conman and openly is scamming clients with promotions to affiliates. I have also heard of instances where profitable services that connected to their API were shut down last year but I need more proof behind this.
I would be very careful of this company.
submitted by danpirrung to icocrypto [link] [comments]

Worrying ICOs of Spot Option and IQ Option WARNING

Hi I am glad icocrypto exists because as a crypto trader and a big enthusiast I want to do my part to keep this space clean. I have been observing a worrying trend that I wanted to share my opinion on and alert fellow investors and traders on giving real hard facts that could save us all, collectively, a lot of money and emotional pain. There are some major fraudsters, conmen and scam artists that are soon looking to ICO and not 1 dollar of the crypto currency communities money should be given to them ESPECIALLY after the STOX ICO which later was exposed as a scam. Read here for those who missed it: https://www.reddit.com/Bancocomments/6o34fz/heads_up_for_those_who_intend_to_invest_in_the/
Around 9 months ago I lost a friend. He was around my age and also a consultant to one of my fledgeling businesses in the Quebec region. At first I thought it was some hoax or prank but he had mentioned to me about some personal problems he was going through during our working relationship. Little did I know the situation was far darker and serious than he had led on, otherwise I would have helped. I am talking about Fred Turbide who killed himself in his garage leaving behind a sad and bankrupt family. He was lied to and cheated out of his live savings by an Israeli binary options company called 23Traders. You can read the whole story here none of this is made up https://www.timesofisrael.com/fleeced-by-israeli-binary-options-firm-canadian-man-commits-suicide/
Based on my research 23Traders is a brand of Spot Option, an Israeli company that owns 70 percent of the binary option trading market. The founders of this company known as Pini Peter and Oren Shabat and some guy called Semi Vahap, have been indicted for fraud/money laundering and their subsidiary brands like Banc De Binary (one of the biggest binary option scams that was ejected from USA and shut down). You can read about this in their OWN WIKIPEDIA page: https://en.wikipedia.org/wiki/SpotOption
For those who were taken in by the STOX ICO scam where they swindled around 30 million dollars from crypto investors, you will never see any return on that share again. STOX as the reddit thread i have posted above proves, is basically the same team of ANY OPTION another SPOT OPTION brokerage. ANY OPTION has scammed thousands of clients, been fined repeatedly and was "bought out" yeah right. They rebranded to invest.com and ICO'd a company that has no real traffic, lying about their figures.
Having dabbled in binary options before, I knew it was a fun way to trade where one could make a lot of money but after my broker IQ option (I will talk a little bit more about them later in this post because they are planning to ICO!) decided to lock me out and deny me my wins, that is where i knew I was dealing with a sinister set of people. To my dismay, since I hang out at Forex Peace Army which helps keeps traders like me alert for new scams, I found out that these Isreali binary scam brokers are now looking to ICO so they can pull off a giant scam only this time with THE PUBLIC'S MONEY!. https://www.financemagnates.com/fintech/news/exclusive-spotoption-announces-blockchain-based-trading-via-spotchain/
Spot Option is the first one that is looking to ICO and then I found out today that IQ Option, the company that stole my deposit and regularly stops traders from being awarded their RIGHTFUL gains and wins, is also looking to do an ICO. http://www.financemagnates.com/forex/brokers/iq-option-teases-upcoming-ico-limited-tokens/
Here is the truth about IQ Option: They pay hundreds of people including their employees to write good reviews including affiliates who write fake 5 star reviews. The truth however is very dark you can read it here http://brokerscamalert.com/iq-options-review/
and most importantly, Forex Peace Army which actively hunts down these bucket shops paints a very different reality. You will see in this post that there are hundreds of threads of customer complaints of outright denial of withdrawals, manipulation of price data and even threats issued by this company to clients: http://www.forexpeacearmy.com/community/search/6362854/?q=iqoption&o=relevance Only the problem is you don't find these reviews on page 1 or 2 of google so easily so many people get duped. If you know where to look, you can easily find them and the truth emerges.
Before Spot Option and IQ option type of brokers entered binary options actually it was fun and fair and regulated brokers existed but these firms completely destroyed everything by greed and praying upon the hope of the desperate. Do not fuel their intentions or fall prey to their lies. I have so much evidence if any one has questions I will post more.
Please DO NOT give these scammers any money, they have already swindled millions from poor people around the world and now want to use the "lack of information" in the crypto currency about what really went on in the binary options space to create scarcity value and try and hype up their scam. Please post here your responses. I am not promoting anything here I just don't want these leeches to steal any more money.
-danpirung
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Financial Times: Trader transcripts: 'If you ain’t cheating, you ain’t trying' -

Financial Times: Trader transcripts: 'If you ain’t cheating, you ain’t trying'
May 20, 2015
They were known as the “Cartel” or the “Mafia” among their peers. The unsubtle nicknames were given to a group of traders who at one time worked for five of the six banks that reached settlements on Wednesday with regulators over allegations they rigged the foreign exchange markets.
Transcripts from chatrooms used by those traders and others as they attempted to manipulate forex benchmarks and engaged in misleading sales practices towards their clients were published as part of the settlements.
Below is a selection of the exchanges (including original punctuation) from the settlements between Barclays and the New York State Department of Financial Services and the UK’s Financial Conduct Authority:
● Membership of the chatroom used by the “Cartel” was by invitation only. The FT has previously named the members of the “Cartel” as Rohan Ramchandani, Citi’s European head of spot trading, and Richard Usher, who moved from RBS to become JPMorgan’s chief currency dealer in London, and Matt Gardiner, who was at Barclays before joining UBS.
One Barclays trader, Chris Ashton, was desperate to join the chatroom when he became the bank’s main euro trader in 2011. After discussions as to whether the trader “would add value”, he was invited to join for a one-month “trial” but was warned by Mr Ramchandani: “Mess this up and sleep with one eye open at night.” Mr Ashton passed his “trial” and remained in the chatroom until it was shut down at some point in 2012.
● Traders used various strategies to try to manipulate fix rates, according to the NYDFS.
One method, known as “building ammo”, involved one trader building a large position in a currency and then unloading it just before or during the “fixing period” — a short period of time during which an average price is produced, at which large client transactions are executed — in an attempt to move the price favourably.
On January 6 2012, the head of Barclays’ FX spot desk in London attempted to manipulate the reference rate set by the European Central Bank by unloading €500m at the time of the fix. He wrote in the Cartel chatroom “I saved 500 for last second” and in another, “i had 500 to jam it.”
Another method was for traders at rival banks to agree to stay out of each other’s way at the time of the fix.
In one example, from June 2011, a Barclays trader told a counterpart at HSBC that another trader was building orders to execute at the fix contrary to HSBC’s orders. But the Barclays trader assisted HSBC by executing trades ahead of the fix to decrease the other trader’s orders. He wrote: “He paid me for 186 . . . so shioud have giot rid of main buyer for u.”
In another chat in December 2011, a Barclays trader told another at Citigroup: “If u bigger. He will step out of the way . . . We gonna help u.”
In the another example, traders in the US dollar-Brazilian real market colluded to manipulate it by agreeing to boycott local brokers to drive down competition. In October 2009, a trader at Royal Bank of Canada wrote: “everybody is in agreement in not accepting a local player as a broker?” A Barclays forex trader replied: “yes, the less competition the better.”
● Then there were numerous occasions, according to the NYDFS, from at least 2008 to 2014 when Barclays employees on the forex sales team engaged in misleading sales practices with clients by applying “hard mark-ups” to the prices that traders gave the sales team.
The level of mark-up was determined by calculating the best rate for Barclays that would not lead the client to question whether executing the transaction with the bank was a good idea.
One Barclays forex salesperson wrote in a chat to an employee at another bank in December 2009: “hard mark up is key . . . but i was taught early . . . u dont have clients . . . u dont make money . . . so dont be stupid.”
These mark-ups were a key source of revenue to Barclays, and generating them was made a high priority for sales managers. As a Barclays’ vice-president in New York (who later became co-head of UK FX hedge fund sales) wrote in a November 2010 chat: “markup is making sure you make the right decision on price . . . which is whats the worst price i can put on this where the customers decision to trade with me or give me future business doesn’t change . . . if you aint cheating, you aint trying.”
● In the FCA settlement, the regulator details an exchange between traders at Barclays and three other firms, refered to as X, Y and Z. Barclays was trying to trigger a client stop-loss order to buy £77m at a rate of 95 against another currency. If it could trigger the order, it would result in Barclays selling £77m to its client and the bank would profit it the average rate at which the bank had bought sterling in the market was below the rate at which the client had agreed to buy it.
In one exchange, firm X asked Barclays and firms Y and Z if they had any stop-loss orders — “u got...stops?” Barclays replied to say it had one for “80 quid” at a level of 95 and noted it was “primed like a coiled cobra...concentrating so hard...[as if] made of wax...[haven’t] even blinked”.
● While most of the settlements concerned manipulation of foreign exchange benchmarks, UBS inked a deal with the US Department of Justice in which it agreed to plead guilty to rigging Libor.
In once example, a broker commented to a UBS trader after a Yen Libor fix on June 10 2009: “mate yur getting bloody good at this libor game . . . think of me when yur on yur yacht in monaco wont yu”
In another conversation with a UBS trader after a Libor Yen fix on August 22 2008, a broker, identified as A1, commented about another broker, A2: “think [broker-A2] is your best broker in terms of value added :-)”.
The trader replied: “yeah . . . i reckon i owe him a lot more”, to which broker-A1 responded: “he’s ok with an annual champagne shipment, a few [drinking sessions] with [his supervisor] and a small bonus every now and then.”
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Financial Times: Trader transcripts: 'If you ain’t cheating, you ain’t trying' -

Financial Times: Trader transcripts: 'If you ain’t cheating, you ain’t trying'
May 20, 2015
They were known as the “Cartel” or the “Mafia” among their peers. The unsubtle nicknames were given to a group of traders who at one time worked for five of the six banks that reached settlements on Wednesday with regulators over allegations they rigged the foreign exchange markets.
Transcripts from chatrooms used by those traders and others as they attempted to manipulate forex benchmarks and engaged in misleading sales practices towards their clients were published as part of the settlements.
Below is a selection of the exchanges (including original punctuation) from the settlements between Barclays and the New York State Department of Financial Services and the UK’s Financial Conduct Authority:
● Membership of the chatroom used by the “Cartel” was by invitation only. The FT has previously named the members of the “Cartel” as Rohan Ramchandani, Citi’s European head of spot trading, and Richard Usher, who moved from RBS to become JPMorgan’s chief currency dealer in London, and Matt Gardiner, who was at Barclays before joining UBS.
One Barclays trader, Chris Ashton, was desperate to join the chatroom when he became the bank’s main euro trader in 2011. After discussions as to whether the trader “would add value”, he was invited to join for a one-month “trial” but was warned by Mr Ramchandani: “Mess this up and sleep with one eye open at night.” Mr Ashton passed his “trial” and remained in the chatroom until it was shut down at some point in 2012.
● Traders used various strategies to try to manipulate fix rates, according to the NYDFS.
One method, known as “building ammo”, involved one trader building a large position in a currency and then unloading it just before or during the “fixing period” — a short period of time during which an average price is produced, at which large client transactions are executed — in an attempt to move the price favourably.
On January 6 2012, the head of Barclays’ FX spot desk in London attempted to manipulate the reference rate set by the European Central Bank by unloading €500m at the time of the fix. He wrote in the Cartel chatroom “I saved 500 for last second” and in another, “i had 500 to jam it.”
Another method was for traders at rival banks to agree to stay out of each other’s way at the time of the fix.
In one example, from June 2011, a Barclays trader told a counterpart at HSBC that another trader was building orders to execute at the fix contrary to HSBC’s orders. But the Barclays trader assisted HSBC by executing trades ahead of the fix to decrease the other trader’s orders. He wrote: “He paid me for 186 . . . so shioud have giot rid of main buyer for u.”
In another chat in December 2011, a Barclays trader told another at Citigroup: “If u bigger. He will step out of the way . . . We gonna help u.”
In the another example, traders in the US dollar-Brazilian real market colluded to manipulate it by agreeing to boycott local brokers to drive down competition. In October 2009, a trader at Royal Bank of Canada wrote: “everybody is in agreement in not accepting a local player as a broker?” A Barclays forex trader replied: “yes, the less competition the better.”
● Then there were numerous occasions, according to the NYDFS, from at least 2008 to 2014 when Barclays employees on the forex sales team engaged in misleading sales practices with clients by applying “hard mark-ups” to the prices that traders gave the sales team.
The level of mark-up was determined by calculating the best rate for Barclays that would not lead the client to question whether executing the transaction with the bank was a good idea.
One Barclays forex salesperson wrote in a chat to an employee at another bank in December 2009: “hard mark up is key . . . but i was taught early . . . u dont have clients . . . u dont make money . . . so dont be stupid.”
These mark-ups were a key source of revenue to Barclays, and generating them was made a high priority for sales managers. As a Barclays’ vice-president in New York (who later became co-head of UK FX hedge fund sales) wrote in a November 2010 chat: “markup is making sure you make the right decision on price . . . which is whats the worst price i can put on this where the customers decision to trade with me or give me future business doesn’t change . . . if you aint cheating, you aint trying.”
● In the FCA settlement, the regulator details an exchange between traders at Barclays and three other firms, refered to as X, Y and Z. Barclays was trying to trigger a client stop-loss order to buy £77m at a rate of 95 against another currency. If it could trigger the order, it would result in Barclays selling £77m to its client and the bank would profit it the average rate at which the bank had bought sterling in the market was below the rate at which the client had agreed to buy it.
In one exchange, firm X asked Barclays and firms Y and Z if they had any stop-loss orders — “u got...stops?” Barclays replied to say it had one for “80 quid” at a level of 95 and noted it was “primed like a coiled cobra...concentrating so hard...[as if] made of wax...[haven’t] even blinked”.
● While most of the settlements concerned manipulation of foreign exchange benchmarks, UBS inked a deal with the US Department of Justice in which it agreed to plead guilty to rigging Libor.
In once example, a broker commented to a UBS trader after a Yen Libor fix on June 10 2009: “mate yur getting bloody good at this libor game . . . think of me when yur on yur yacht in monaco wont yu”
In another conversation with a UBS trader after a Libor Yen fix on August 22 2008, a broker, identified as A1, commented about another broker, A2: “think [broker-A2] is your best broker in terms of value added :-)”.
The trader replied: “yeah . . . i reckon i owe him a lot more”, to which broker-A1 responded: “he’s ok with an annual champagne shipment, a few [drinking sessions] with [his supervisor] and a small bonus every now and then.”
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Finding a Global Forex Broker

In any profession, you will find people who take advantage of those who aren't aware of the current market. Whenever you buy something, there is the possibility of being cheated. Furthermore, with a broker you purchase advice, which is hard to price. But not all brokers fit the swindler stereotype. In fact, there are many brokers who do a phenomenal job of guarding their clients' interests. Brokers are the people who handle customer orders to buy and sell securities. In the same way that a grocery store acts as a middleman between shoppers and the companies that produce food, a broker acts as a middleman between the securities that trade on the market and the investors who buy them. We should also mention that the word "broker" can be used in a variety of circumstances. It could mean an individual person you deal with or it can refer to a brokerage firm such as Briton Broker.
Briton Brokers is a leading global online broker specializing in Forex, CFDs on US and UK Stocks, Commodities and Spot Metals. Briton Brokers is aiming to create the ultimate and most innovative online trading experience by offering a bespoke trading environment with “One Account, Ten Platforms” Trading Functionality. Briton Brokers customer service provides round-the-clock support in more than 20 languages. Combined with the highest standards in trade execution, pricing transparency and advanced bespoke trading tools make Briton Brokers one of the world’s prominent Forex Brokers. In addition to its retail products, Briton Brokers also offers Forex partnership solutions for banks, financial institutions, brokers and private investors through our White Label, Asset Manager and Affiliates programs. Forex partnership solutions can be customised according to the individual partner’s business needs, with flexible income sharing plans, rebates and other value-added support features
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Forex Brokers: Is Your Broker Trading Against You? Former city trader reveals TRUTH behind Forex brokers ... 6 Facts You Must Know Before Buying Wall Street Forex Robot Your Forex Broker Is Cheating You What is the Best Forex Broker?  Kyler & Kleveland Show ... XM.com Forex Broker Review - Should You Trade With Them? Are the FOREX Brokers Cheating Their Clients? How to Choose Best and Top Forex Brokers How to Tell if Your Broker is Trading Against You - YouTube How Do Forex Brokers Make Money from Their Clients?

Regulated forex brokers are less likely to cheat their clients and where such infractions happen, regulators are empowered by the laws of their respective jurisdictions to apply appropriate sanctions. The Most Important Forex Market Regulators . The most important forex market regulators cover the jurisdictions where most of the world’s forex brokerage businesses are located. In reality, it ... Yes they do. But I wouldn’t use the term “Cheat” as you aren’t losing anything and still have the opportunity to profit. Brokers will categorize you depending on your winning, losing and profitability. They’ll place you in what’s called “A” and “B... You’ve probably heard of Forex brokers ripping off their clients by using various dirty tricks. Some of the most common ones are: stop hunting, requoting, widening the spread to some ridiculous number, software disconnects, lagging/fraudulent price quotes, unfilled orders, and account banning. Yes, they will politely (sometimes not so politely) tell you to bugger off if you’re consistently ... It is true that many brokers cheat their clients, but most retail traders lose because of their own mistakes, not because the brokers make them lose. A cheating broker can cause the losing traders to lose more and wipe out their accounts faster, but a professional trader can easily find out that the broker is cheating, so that he will withdraw his money and close his accounts as soon as ... Today, among a huge number of brokers, there are those who are cheating on their clients. In order to avoid such situations and not to get caught in the hands of fraudsters, there is a resource – Broker-ABC.The activity of this site is aimed at continuous monitoring and updating of information about brokers who provide online trading services in the foreign exchange market. It is true that many brokers cheat their clients, but most retail traders lose because of their own mistakes, not because the brokers make them lose. A cheating broker can cause the losing traders to lose more and wipe out their accounts faster, but a professional trader can easily find out that the broker is cheating, so that he will withdraw his money and close his accounts as soon as ... The simple truth is that most forex and CFD brokers are trading against their clients. The details in how this is accomplished vary greatly from broker to broker. Broadly speaking, we can say there are two types of brokers: A Book brokers and B Book brokers: A Book brokers may technically be trading against their clients in that they are taking the opposite side of the trade, but they ...

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Forex Brokers: Is Your Broker Trading Against You?

🚨🚨Trading Performance 🚨🚨 Improve Your Trading Performance at our Fundamental Trading Academy https://www.toptradersfx.com/academy (Our Academy is 1v1 ... This built-in system hides your stop loss levels from dishonest Forex brokers who trade against their clients. If you choose to use this option, stop levels are executed within the WallStreet ... Join our free mailing list and get the best strategies, tips and best trade set ups below: https://www.learncurrencytradingonline.com Your Forex Broker may be screwing you. Your Broker knows where your stop loss orders are set and may be triggering them intentionally (called running the stops), or they may be modifying your ... You can learn more about Andrew and how to trade Forex professionally on https://bit.ly/2PSUwFX As a former city trader i have extensive insights into how br... As a Forex Trader, it is essential to know more about your broker. Your money is on their hand! On the video, I've brought up data to support my thought on them, either should you join or stay ... Even the best Forex brokers have been accused of trading against their customers but no accusations are necessary because it is disclosed up front if the boker is taking the opposite position of ... A reliable Forex broker will also provide its clients with all of the needed tools and market research to assist you in taking the best possible action when you trade. Do not forget to talk to ... www.http://10bestforexbrokers.blogspot.com.es/ You've probably heard of Forex brokers ripping off their clients by using various dirty tricks. Some of the mo... Compare forex and CFD brokers: http://www.informedtrades.com/522074-forex-brokers-review.html Join us on InformedTrades: http://www.informedtrades.com KEY PO...

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