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Avoid Forex Scammers with this Checklist

In a nutshell: Forex trading is a legitimate financial activity – it’s the buying and selling of foreign currency.

The Forex market is the largest financial market in the world, which means it also attracts a vast number of scammers. Protect yourself from these chancers by recognising the red flags.

You have been admiring Mr. Forex Trader on Instagram for weeks. Every week he has a new swanky suit or a shiny vehicle. This is while you struggle to make ends meet. He makes it sound so easy. Just deposit some cash and start receiving weekly returns…

Wait! Before you press “Send”, you should know there’s one golden rule regarding investing: If it sounds too good to be true, it probably is. Forex trading scams are rife in South Africa. Many social media influencers guarantee fantastic returns. But are they for real?

Read more about it HERE

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