Broker of the Month
Plus500.com is an online brokerage service specializing primarily in the forex market. Headquartered in the UK, they are also authorized and regulated by the British Financial Conduct Authority (FCA).
Plus500.com makes a good choice for non-U.S. traders with an easy to use trading platform which offers multi asset trading capability. New traders can take advantage of the unlimited time to use the demo account, while seasoned traders can take advantage of tight dealing spreads and the generous bonuses offered when initially funding the account. Also, the Plus500.com trading platform offers traders the possibility of integrating their trades in other financial markets, all on one screen. Overall, Plus500.com makes an excellent choice for an online broker. Read more about it in our Review of Plus500.
* Your capital may be at risk
* Plus500 is a CFDs service
FAQ: People are Asking
- How can I protect myself from fraud?
- How do I choose a forex broker?
- Can forex managers be trusted?
- Are forex robots profitable?
- Who do I contact if I suspect fraud?
- Disciplined Firms
Read about which forex brokers to avoid. Add your comments about brokers you suspect for fraud.
Read about Bernard Madoff’s spectacular unbelievable $12-20 billion Ponzi scam. One of the biggest frauds ever. He was sentenced to 150 years in prison.
A complete guide on how to choose a forex broker. This in-depth article lists all the things you should know to help find a reliable broker. Avoid scams and don't pay too much!
High yield investment programs or HYIP is when the con artist and his affiliates defraud investors through promises of return on investment as high as 80 percent per day.
Forex has caused large losses to many inexperienced and undisciplined traders over the years. You need not be one of the losers. Here are twenty forex trading tips that you can use to avoid disasters and maximize your potential in the currency exchange market.
We get a lot of questions on how to get started in the field of forex trading so we decided to publish this short course for those just getting started that want to learn how to trade forex. Start the course
Further Information on Forex Scams & Frauds
Forex fraud is a growing problem. It can be found everywhere from boiler room scam artist's, to some guy you met at the coffee shop the other day, even past trusted brokers and executives have been involved in forex scams. The most common victims are the one's who think it will never happen to them. Though there is no guaranteed way to avoid forex fraud, it is possible to trade, minimize the chance of becoming a victim of a forex scam, and prosper in the market providing you remain diligent and alert in every decision you make. Don't let your hard earned dollars become an easy profit for some forex scam artist, make sure any person you choose to do business with is duly regulated in the country they operate from.