Forex & Crypto scams are rife at present - beware

#1
You can pretend you are a high flying trader on forums at the moment and many people are none the wiser.

There are a huge amount of scams going on in discord/signal/whatsapp/telegram groups and paid course chat rooms - never pay for anything.

All the education you need is online for free.

Please be smart - so many people in this industry are naive.

Crypto has introduced a whole new wave of scams.

I will post more videos over time but here is the first one


Re: Forex & Crypto scams are rife at present - beware

#2
francisfinley stimpy wrote:
Mon Aug 12, 2019 4:12 am
You can pretend you are a high flying trader on forums at the moment and many people are none the wiser.

There are a huge amount of scams going on in discord/signal/whatsapp/telegram groups and paid course chat rooms - never pay for anything.

All the education you need is online for free.

Please be smart - so many people in this industry are naive.

Crypto has introduced a whole new wave of scams.

I will post more videos over time but here is the first one
thx francis............ looking forward 2 ur videos............. its so dirty out there right now more than it has ever BEEN

Re: Forex & Crypto scams are rife at present - beware

#4
francisfinley stimpy wrote:
Mon Aug 12, 2019 4:12 am
You can pretend you are a high flying trader on forums at the moment and many people are none the wiser.

There are a huge amount of scams going on in discord/signal/whatsapp/telegram groups and paid course chat rooms - never pay for anything.

All the education you need is online for free.

Please be smart - so many people in this industry are naive.

Crypto has introduced a whole new wave of scams.

I will post more videos over time but here is the first one
I've seen this a lot lately too. I agree with the education side of things, the only thing you should be paying for is your time and the correct selection of material to help you prosper in the market.
I've notice some channels asking people to sign up with a certain broker, then follow only there signals. I smell scam written all over it.


(I'm new to trading, but I understand the complications and don't trust any group who follow the masses. I had a calling to become a professional, and I hope i go all the way.)


Re: Forex & Crypto scams are rife at present - beware

#6
mlawson71 wrote:
Wed Dec 25, 2019 11:20 pm
Scams really are increasing, sadly. According to an FCA report, UK citizens were scammed for 198 million pounds for 2018 alone and it was all forex, shares, bonds and cryptocurrencies scams. Let's see how bad the report for 2019 will be once the year ends.
Its actually sad that nobody is able to control these fraudsters and if this trend continues, the 2019 report is definitely going to be an even worse version of this one.

Re: Forex & Crypto scams are rife at present - beware

#9
Bettle89 wrote:
Wed Apr 01, 2020 6:58 pm
Tom_23 wrote:
Wed Mar 25, 2020 6:33 pm
Something must be done to stop these scams. So many traders get into their traps and loose their hard earned money.
Well their number has grown to that an extent, that controlling them isn't easy anymore.
But we need to careful . Nothing bad as losing your hard earned money, so better be careful.


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