Abstract:Beware, Investors and traders! If you’re planning to invest your money in the forex market, make sure you don’t end up investing with these scam brokers. This is the warning list issued by International Organization of Securities Commissions (IOSCO)
Beware, Investors and traders! If you‘re planning to invest your money in the forex market, make sure you don’t end up investing with these scam brokers. This is the warning list issued by International Organization of Securities Commissions (IOSCO)
1. Swift Remita
2. Sanon Capital
3. XTB Online
4. ARGOFINANCE
5. Global Profits / globalprofits.live
6. Finances-Premium.com
7. Trading PRO / TradingPRO
8. Trading Option/tradingoption.org
9. Signals Land
10. Ndax markets yield
Authority said, Some of the alerts or warnings are about unauthorized firms using names similar to those of authorized firms or about unauthorized firms falsely claiming to be associated with authorized firms.
5 Ways to Stay Safe in the Forex Market
1. Trade Only with Regulated Brokers
2. Avoid “Too Good to Be True” Offers
3. Stay Informed & Educated
4. Verify Before You Invest
5. Avoid Unknown Apps and Links
About IOSCO
IOSCO is the international body that brings together the world's securities regulators and is recognized as the global standard setter for financial markets regulation. We develop, implement and promote adherence to internationally recognized standards for financial markets regulation and work closely with other international organizations on the global regulatory reform agenda.
Stay Informed
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In the complex world of online trading, verified licenses and confirmed operational presence offer important reference points for evaluating a broker. BCR is one such firm that has undergone regulatory registration and address verification.
No regulation. No oversight. No safety net. Pocket Option is a trap too many traders walk into, only to lose their funds with no way back.
No regulation. No oversight. No safety net. Pocket Option is a trap too many traders walk into, only to lose their funds with no way back.
If you could only trade in one market for the next five years, would you choose forex or futures?