Fxunited forex malaysia forum
Either way, they get paid and you are always left with the losses. Do you actually think they will give you your money back that you lost in the stock market? This is my one chance to make sure you see FX United for what it really is.
I really hope I provide you with a convincing argument. Both Malaysian and New Zealand authorities are aware of the companies fraudulent actions and steps will be taken to shut it down. This link is a must read and you should share it with everyone you know.
Make sure all of your contacts and fellow MLMers know about this link FX United is not as glamorous as you think and there are many lawsuits pending. Scroll down about halfway to see the warning advisory on FX United.
The Final Verdict Look, all of the information provided in the previous sections is more than enough to call FX United as a scam. It just so happens that it is a scam that has not been shut down yet, but that will change soon enough.
The company only has a few more weeks to comply with the regulation demands or it is done. Below are snips of a proven scam broker, CryptoRobot Conclusion: No company has found a way to consistently generate huge profits through automated or signal trading, and if they did, they would never offer it to everyone for free.
If there is no information about the company executive team, where the company is located, or what phone support it offers, it is most likely a scam. For example, look at this text from a review site that promotes scam brokers.
The review text, which is promoting crypto robot , promises the exact same thing as the scam broker website. It is also important to check for disclosure documents, which provide important information about the company. For example, look at the disclosures page on Forex.
Companies that have no disclosures are likely not regulated and should always be viewed with caution. Finally, take the time to read multiple reviews. Beyond ForexBrokers. Lots of scam brokers claim to have great awards. At other times, the scam broker will have awards with media outlets that are reliable, but the awards are fake. If these awards were real, you would be able to click on a link and view them or find them via Google search. Conclusion: Double check any claimed awards to verify their legitimacy.
One final scam trick to avoid is assuming a broker is trustworthy because it sponsors a football club or professional athlete. Conclusion: Never automatically trust a forex broker just because it sponsors a football club or professional athlete. Final Thoughts To recap, here again are the eight simple questions to ask yourself when considering a broker to trade forex or CFDs binary options are a complete scam and should never be traded : Is the broker regulated?
If regulated, how trustworthy is the regulatory body? Is the broker offering profits or rewards for signing up? Is the broker offering big cash bonuses for signing up?
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Such an assumption is a bad one. The broker was keen on offering high bonus values to impress and attract many retail traders. Is Fxunited Safe? Fxunited was deregistered as a financial service provider in New Zealand in amidst various accusations that the site had been failing to grant clients withdrawals. Another report has it that it was challenged by the Financial Markets Authority of New Zealand for operating without any license, and the broker had been falsely claiming that New Zealand FMA endorsed it.
Since its collapse in , five out of the people connected to the fraudulent activities have been arrested. The broker accepted clients from the U. S, but the legality of such an act was questionable since it did not have proper regulation for such access.
One of those things that also made the activities questionable was that it did not have any representative offices in any other part of the world. There might be a conflict of interest in such a situation. Financial brokerage companies set up offices in several countries to gain the trust and confidence of retail traders.
They would have thought that having these services would equate to having a safe trading atmosphere. Such an assumption is a bad one. The broker was keen on offering high bonus values to impress and attract many retail traders.
Is Fxunited Safe? Fxunited was deregistered as a financial service provider in New Zealand in amidst various accusations that the site had been failing to grant clients withdrawals. Another report has it that it was challenged by the Financial Markets Authority of New Zealand for operating without any license, and the broker had been falsely claiming that New Zealand FMA endorsed it.
Since its collapse in , five out of the people connected to the fraudulent activities have been arrested. The broker accepted clients from the U. S, but the legality of such an act was questionable since it did not have proper regulation for such access.
One of those things that also made the activities questionable was that it did not have any representative offices in any other part of the world. There might be a conflict of interest in such a situation.
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