Is Your Forex Broker a Scam?
If your broker does not respond to you, it may be a red flag that they are not looking out for your best interests.
To make sure you're not being duped by a shady broker, do your research, make sure there are no complaints, and read through all the fine print on documents.
Try opening a mini account with a small balance first, and make trades for a month before attempting a withdrawal.
If you see buy and sell trades for securities that don't fit your objectives, your broker may be churning.
If you are stuck with a bad broker, review all your documents and discuss your course of action before taking more drastic measures.
2021-11-20