scam forex brokers list

Check ASICs list of companies you should not deal with. Here is a list of brokers that will offer 1200 leverage and the countries they will accept.

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Commodity Futures Trading Commission.

. Most brokers who offer this much leverage are unregulated and can be hard to find especially for those living in the USA. Foreign exchange fraud is any trading scheme used to defraud traders by convincing them that they can expect to gain a high profit by trading in the foreign exchange marketCurrency trading became a common form of fraud in early 2008 according to Michael Dunn of the US. The story above is based on one or more real scam reports received by the ACCC.

However the developers suggest using leverage of 1200. You have to practice and gain an understanding of the risks of trading with real money before you can actually invest real money. The foreign exchange market is at best a zero-sum game.

Any business or person that offers or advises you about financial products must be an Australian Financial Services licence holder. If you want to trade financial markets start on a free demo account with a regulated broker. It is not regulated stay away from it.

For privacy purposes the names and images of victims have not been used. The Cash Forex Group is a brutal scam that is going to collapse. The GPS Forex Robot will work with just about any broker.

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