How To Prevent Bitcoin/Cryto Forex Scam

Forex trading scam. How to spot them

I am going to show you how to prevent being a bitcoin/crypto-currency Forex scam victim. The first step to avoid an investing scam is to properly research the CFD Forex broker. This is what you should investigate;
Does the broker hold a valid license? Like FCA united Kingdom, FSB South Africa?
Is the senior broker always calling for you to deposit more money?
Can I withdraw my money as easily as you let me deposit?


Now the second step is to check out for fake automated Trading software.
Never use an automated trading software before you test out its functions.
Do not believe any testimonials because they are fake and usually illegal.
Remember if a software or person opened your trading account, they have full access to your account.
Most Important here is that historic results are never an indicator of future profits.

Finally, Forex scams are one of the oldest scams in the history of the world and the internet has just push the scammers to keep doing their worst. With the growing popularity of Bitcoin, BTC, Ethereum e.t.c there are vast complains about Forex brokers.

Carry out your research and keep in mind that you can earn $800 a day by doing nothing. For every Forex broker you find, and any trading system you hear, there are more than 100 others still offering the same service.

How To Identify A Forex Scammer

The must important fruit a Forex scammer will promise you is large profits with low financial risk.

First of all;

There is no such thing like 100% guarantee. If it existed they would not have even share with others like you. Some of their offers sounds very attractive especially to beginners.

Here we go

The trader will always ask you to add your investment. Is your money not his right?

Scammers never register with any regulatory authority. So must certifications you find on their sites are fake.