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Forex Trading scams. Forex is an over-the-counter market where buyers and sellers conduct foreign exchange transactions, also called foreign exchange market. Foreign exchange are instruments employed in making payments between countries – paper currency, notes, checks, bills of exchange, and electronic notifications of international debits and credits. There has been a significant rise in fraudulent activities in Forex scams over the past few years. Financial markets have witnessed a steady upswing and investors are lured by the promise of significant…

Points to avoid losses with your forex brokers. All Forex traders know that the market is the biggest financial market in the world. There are many who know what they are doing and who are in a position to pick the most reputable forex brokers. However, there are many more forex traders who are new to the market and inexperienced at knowing what to look out for to avoid being burnt by the many forex scams and unscrupulous brokers out…