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Thread: Latest brokers are growing like scammers?

  1. #1
    Senior Member hami001 is an unknown quantity at this point hami001's Avatar
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    Latest brokers are growing like scammers?

    Latest brokers are growing like scammers?


    i wanna know that these days there are several new brokers growing.i wanna ask why and will they all want to do successful business or want to cheat people?

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    Member bigearners will become famous soon enough bigearners's Avatar
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    hi hami001,
    Better to ask such question into trader report section..I will request moderator to move this thread in trader reports section. Please, read rules and regulations of forum carefully before opening thread.
    And now, i want to answer your question that new brokers are definitely coming each and everyday but only few of them comes out promising and legitimate While most of them turn out to be scam so better evaluate broker first before deposit money into it..Because, most of broker come into market only to take away investor, While some of them only are real business and came to do successful business into forex market. So, be careful and read the reviews about broker first.

  5. #3
    Banned ishvara is a name known to all ishvara is a name known to all ishvara is a name known to all ishvara is a name known to all ishvara is a name known to all ishvara is a name known to all ishvara's Avatar
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    Quote Originally Posted by hami001 View Post
    Latest brokers are growing like scammers?


    i wanna know that these days there are several new brokers growing.i wanna ask why and will they all want to do successful business or want to cheat people?
    The major reasons where there are many forex brokers joining this business everyday is because it is highly profitable for them. Brokers make a lot of money in forex since they collect money from us in each trade irrespective of how it ends.

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    Senior Member dmambi will become famous soon enough dmambi's Avatar
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    We can not straight away say that all new brokers are here to cheat us and make money, who knows there may be a good people want to do genuine business with us. But only time will tell the truth. Establishing as a good reputable broker is not a easy job.
    HUM HONGE KAAMYAAB HUM HONGE KAAMYAAB EAK DINA
    WE WILL BE SUCCESSFUL ONE DAY
    NAAVU GEDDE GELTIVI ONDU DINA

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    Member manibhai2012 is an unknown quantity at this point manibhai2012's Avatar
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    Yes bro ma ap i bat sa pori tarha sehmat hn kiun k aj kal is Forex world ma kafi log hisa le rahe ha aur isi waja sa mujhe lagta ha k har koi trader k bajae broker bana chata ha lekin woh jald hi scam ho jata ha aur kafi traders ko nuksan ka samana krna parta ha.

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    Banned ishvara is a name known to all ishvara is a name known to all ishvara is a name known to all ishvara is a name known to all ishvara is a name known to all ishvara is a name known to all ishvara's Avatar
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    Quote Originally Posted by kashifrehman View Post
    You are right.
    .
    .
    .
    Now a days its very difficult to attract experianced traders because they require a lot that is not possible for new broker like


    Regulated Broker with known regulatory authority
    Low spread
    Fast execution
    Quick live Support
    Fast Withdrawls
    Rebates
    Good Daily forcasts
    Live news feeds
    More pairs

    These all are hardly possible for new broker because most of them get their main system live by connectting it with a big broker. Now a days if you search online you will find that in america ther are many companies who are offering services to their clients to start own brokerage. In this regard they settle all for new broker like liqudity provide, technical support that required to start a new broker......all that a client need to open a brokage house.

    These newly strated broker are not good because they are connected with only one big broker results in requote, slow chart loading, and poor technicals and financials.

    And most of them get regulatory letter from cyprus or virgin island.

    "Stay away from them"
    It is not right to say that any forex trading broker is fraudulent except if you have no concrete proof. All the brokers that i have used pat me all my profits at all times so i do not try to blame them.

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    Member forexman is a jewel in the rough forexman is a jewel in the rough forexman is a jewel in the rough forexman's Avatar
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    yes they are so many brokers raising everyday so we have to tarde with trusted and reputated brokers so that we can prevent from getting scammed as they are legit brokers they wont scam and also avoid scam brokers
    please vote for me if you like my post

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    Banned nurhidayah is on a distinguished road nurhidayah's Avatar
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    Quote Originally Posted by forexman View Post
    yes they are so many brokers raising everyday so we have to tarde with trusted and reputated brokers so that we can prevent from getting scammed as they are legit brokers they wont scam and also avoid scam brokers
    broker deceptive nature of this information we can get through this forum based on the testimony of other friends, so that we can be more cautious in implementing our trading with the best possible and avoid any mistakes that may make us less confident

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    Senior Member shemozz is an unknown quantity at this point shemozz's Avatar
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    yes many brokers nawadays be scammer and it bad thing all afraid of it but this scam broker are know for us and when some one go to trad with abroker he must ask and search about it so good to be sure it is good broker and didnt cheat good luck all

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    Quote Originally Posted by hami001 View Post
    Latest brokers are growing like scammers?


    i wanna know that these days there are several new brokers growing.i wanna ask why and will they all want to do successful business or want to cheat people?
    nahi yar main to es k barey main itna nai janta houn mugh ko jahan tak ilam ha woh ye ha k main forex trading main koi bhi brokers select karna ho to market main us ki repution zaror chack kar lo to acha rahey ga app k liye

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