Ethereum based platform for secured Foreign exchange market trading. The platform will allow secure Forex trading, CFD trading, Binary Options trading and cryptocurrency trading. The project is designed to prevent fraud on foreign exchange market by means of blockchain technology. ICO starts on 25th of January 2018.
Unathi Kwaza: Watching @Checkpoint_eNCA episode on Forex Fraud. South Africans are too gullible man. I don't feel sorry for any of those losing money. People don't want to work, they want free money. Tsek
The true use case for cryptos! "crypto and forex fraud claims had jumped from 530 to 1,834 in the 2018/19 financial year ... The vast majority — 81 per cent — of the claims related to cryptocurrency scams."
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Banks involed in FOREX fraud want a formerly "rubber stamp" SEC waiver to continue operating as "well-known seasoned issuers"--Problem is that the repeat offenders need a vote of the SEC five commissioners--Stay tuned to see how much it costs to "capture" the SEC
Dan Brownsword / Getty images. Forex management funds have proliferated, but most of these are scams. They offer investors the "opportunity" to have their forex trades carried out by highly-skilled forex traders who can offer outstanding market returns in exchange for a share of the profits. ForexFraud.com is here to help prevent forex and commodity fraud. The site lists agencies to contact if you experience fraudulent forex schemes. The 4 types of Forex scams. Although the variety of existing fraud schemes is vast, there are three major types, that people tend to be the victim of. To avoid Forex scams, understand how they generally work. #1 - Forex Robot Scams A Forex robot is a trading software that generates automated trading decisions. An unregulated financial company trading off-exchange Forex, foreign currency futures and options contracts with retail customers is illicit and may be a fraud or scam. In many cases, investors may be guaranteed high returns in the tens of thousands of dollars over a few weeks or months, with a relatively low initial investment. While most forex brokers are decent and honest, not all are. It pays to be able to defend yourself against less scrupulous brokers. Avoiding broker fraud ought to be a priority for people who trade foreign exchange pairs, then – and that’s where we can help.
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