Be Smart Avoid Forex Scams.

August 13, 2008 by FXcaliber 

As the online forex trading market are becoming more and more popular in recent years  unfortunately  so do forex scams.

The CFTC declares it has brought close to 100 enforcement actions, since 2000, against companies and

individuals accused of selling illegal foreign-exchange futures and options contracts.

Federal regulators have formed a task force to investigate and prosecute fraud in the forex retail market that trades foreign currencies outside of commodity exchanges.

How To Avoid Forex Scams:

1) Avoid sign up with unsolicited telemarketing calls and efforts to persuade an investor to transfer cash quickly.

2) Read reviews of forex brokers in top top forex trader’s blogs

3) Always check registration of company and regulation which the company is liable.

4) Check there is “some one home” in support desk by telephone.

reports by The US Commodities Futures Trading Commission (CFTC)

Rising Number In Forex Scams

Public Warnings For Forex Scams

A List Of Known Forex Scammers

Report A Forex Scam

Sun Platinum - Information for Scam Victim Customers

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