how to avoid scams

[want2trade]

any suggestions/tips?

Any good articles about scams?

thanks!

[Hartford.FX]

Hi Everyone,
I am 6 years FOREX trader, and i have a big deal of dealing with many FOREX brokers. Since then, I met many scams during my trading years, but what affected me most was that of Forex Peace Army, those scammers didn't let a one single broker for its own. And among their victims, there is FX Open and that was the reason to discover their fake reviews, because i had a great deal of trading with them, and I never had a complaint against them, whereas FPA have many bad reviews against them. Thus, I felt serious towards this topic and my role is to inform all traders of it.
Thanks & Regards

[want2trade]

Thank you
How many brokers did you trade with?

Still, any specific tips on how to avoid scams?

[tradehoney]

Originally Posted by want2trade

Still, any specific tips on how to avoid scams?

If you want to read specific tips about scams, try on reading this blog:

mystuff: FOREX SCAM

Hope this would help you enlighten your mind.

Have a nice day!

[priya11]

i think thorough researching and choosing broker which have being used by your friend should be preferred. Also you can go and check the regulation acts under which it has been registered.

Good Luck