Are forex brokers scams? 2022
Many of us think about investing in forex trading, but one thing we have to keep in mind is that we have to be very careful about Forex Broker scams because we simply don't want to lose our money.
That's something we worry about a lot when we start trading cryptocurrencies, I would like to mention that the brokers of Forex and other financial instruments that are fully legitimate are those brokers that are regulated by a trusted financial institution.
Another thing to keep in mind is that brokers that claim to be regulated by a financial institution, some are outright scams.
What are the most common Forex scams?
One of the most common scams in the Forex market is simply price manipulation. This is simply very common and the most used scam in Forex brokers of currency pairs and other financial instruments, but do regulated Forex brokers practice price manipulation?
Forex brokers that manipulate prices and are regulated by a first level financial institution will be subject to complaints and will most likely close their doors sooner or later.
How to protect yourself from Broker's that are scams?
Protecting yourself from scam brokers is simple, but it is entirely up to you. The best advice I can give to financial readers is to register and trade with a top tier regulated broker, this can prevent us from losing our money, but why do I mention that regulated brokers in a top tier entity can't scam us? Simple, because they monitor the charts with accurate algorithms that evaluate the broker's price and the real price.
Which Broker do you recommend to enter Forex trading?
I strongly recommend entering the broker that best suits your needs, Forex brokers and other financial instruments always offer rewards such as deposit bonuses, cashback, sweepstakes, referral programs, among others. I recommend you to investigate very well the one that best suits your trading needs.
Always keep in mind that you have to investigate very well the broker's regulations, otherwise you will lose your money.
Best regards to all my readers.
Posted Using LeoFinance Beta
https://twitter.com/TroyGreen4/status/1549451627735617536
The rewards earned on this comment will go directly to the people( @dynamicrypto ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
Great Forex warning and post !PGM !PIMP
Posted Using LeoFinance Beta
You must be killin' it out here!
@dynamicrypto just slapped you with 1.000 PIMP, @mr-wallstreet.
You earned 1.000 PIMP for the strong hand.
They're getting a workout and slapped 1/2 possible people today.
Read about some PIMP Shit or Look for the PIMP District
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
Congratulations @mr-wallstreet! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 900 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPSupport the HiveBuzz project. Vote for our proposal!