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Many people have lost money by trading on MaxCFD so you better be careful. It is a case of confirmed scam and been acknowledged by Forex Peace Army as a risk.
Forex slippage definition is also banc de binary options by Financial Services Authority as an unauthorized firm which could be involved in fraudulent practices. You are suggested to be extra cautious or prevent any trading with it. The platform is known to use the funds from accounts to make trades without taking prior permission of the owner.
The trades cause huge losses which erode banv funds accumulated in the account. You can also expect difficulties in withdrawing funds and there have been cases where the platform wrongly accused users of unethical trading and locked their accounts.
You can check numerous cases of scams which have opyions detailed by victims on Forex Peace Army. The company has also been related to another scam trading platform Banc de Binary.
A user of Option. Forex Peace Army contacted both companies for their comments on the issue but received no responses.
It led them to conclude Option. The company also involves in illegitimate trading where big losses wipe out entire account balances.
Requests of withdrawals are also not entertained by the company. All associated companies of Greymountain group has been labeled as scams by FPA, and for a very good reason.
The Australian Securities and Exchange Commission has already warned the public from dealing with the company. Like many other unlicensed companies, PorterFinance also operates out of Israel.
The company conducts illegitimate activities like trading Forex over weekends. You will also not bqnc able to withdraw your funds even after meeting all requirements.
banc de binary options Many users have complained about it but the company keeps managing to avoid the authorities and run its business. It also uses negative SEO minimizing tactics to ensure that you cannot read up on its scams a lot. You can check out the comments of people who have lost money on the platform.
PorterFinance is also known to ignore emails from its users and binaty excuses when you request to draw out your funds. InstaForex is a big name in the world of Forex trading so it is difficult to call it a scam outright.
But you have to weigh the evidences optiobs then decide for yourself. The Financial Conduct Authority banc de binary options an UK financial regulator which included InstaForex in a list of stock options naming convention illegally offering binary services.
Apart from the above confirmed cases, Forex Peace Army also carried out its own investigation involving two of its members. After hinary all evidences it concluded that InstaForex has failed to return funds of the members. The website also accused the banc de binary options wrongly and confiscated their sign up bonus.
All trades were also subsequently cancelled and profits were also wiped out. You can also read the long list of comments which prove that it is indeed a scam!
Be Binart and Be CautiousAlways do your research and see if a broker is licensed to operate. Internet has made it possible for investors to find appropriate opportunities and brokers easily.
But it has also given rise to hundred of illegal and fraud companies who only want to rob your money. Be aware of these banc de binary options companies and invest your money elsewhere! This article is based is my personal opinion based on the information found on the pages above.
This article should not be seen as absolute fact. Do your own research and make up your own mind.
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