Forex Brokers That Accept Yoomoney Payment Method for Deposit and Withdrawal

Normally, a regulated broker will have a license number. Traders can check out the legitimacy of the number through the official website of the said regulator. If the number doesn't exist or is registered under a completely different company, there is a chance that it might be a scam.

Continue Reading at 4 Signs to Recognize Forex Broker Scams

This is the type of blacklisted broker that will grab your money very quickly and fly away at night to evade their responsibility. They come fast, and they go even faster if they have already got what they want.

On their website, they will write bogus claims of easy and big profits, or anything that could attract you into investing with them. But once you make a deposit, they will disappear either by declaring bankruptcy or announcing nothing at all.

Visiting their website will be pointless because at this point it has already closed down. In fact, this type of scam is so ubiquitous that many websites are launched and closed down within less than a year.

Continue Reading at Top Blacklisted Forex Brokers You Should Avoid

There are 4 types of forex brokers scam you should aware of, such as:

1. Fake brokers
2. Copycat brokers
3. Money game brokers
4. Cheating brokers

Continue Reading at 4 Common Types of Forex Broker Frauds

Earnforex has sorted out current forex broker awards into three categories:

1. The highest tier (trusted) awards are organized by renowned and highly reputable publications such as FXStreet.
2. Medium-tier (expos and conventions) such as Finance Magnates Summits and iFX Expo. The organizers themselves are reputable, and there are some rather tough qualifications for forex brokers who want to participate
3. Lowest tier (dubious awards), including magazines and broker rating websites such as World Finance Magazine, International Business Magazine, Financial Derivative Magazine, and so on.

Continue Reading at Forex Broker Awards: All You Need to Know