Experts from KeyTrending: scam is no longer a threat. How to identify a fraudulent broker
KeyTrending forex broker
As in any other area of entrepreneurial activity, there is a fairly large list of companies on the forex market that do not earn as the broker implies, but by creating conditions for zeroing the deposit or generally stealing the client's money. Unfortunately, the reality is that with strong marketing support, a trader cannot always distinguish between a real company and one that is a fraudulent broker. An experienced trader who has been in this environment for a long time knows all the current players in the dealing services market, so the calculation usually goes to people who not only have never traded, but also have zero knowledge of how the foreign exchange market works.
With the help of KeyTrending's scam protection tips, scammers can be recognized and neutralized.
Also, having studied all the signs of fraudulent schemes on Forex, we together with KeyTrending.com scam preventing team have created guide for keeping you safe over the Internet.
KeyTrending Scamcheck tips: Avoid the promise of huge returns.
Even a not very experienced trader knows that it is almost impossible to earn 1000% in a month without using a significant part of his funds. You need to understand that for the higher earnings, the higher the risks are. Money does not come out of nowhere, in order to receive it, you first need to invest it. Given the volatility of modern markets along with margin opportunities, it turns out that you can really earn a lot, but there will always be a significant chance of losing everything.
If the company does not have an official website, with links to the legal address, licenses, a full list of services, reviews, and so on, they are most likely trying to deceive you.
For example at KeyTrending.com you can find all the necessary contact info
Income guarantee. No one can guarantee success, even the most experienced traders always know that any trade can close in the red. There is no way to make profit forecasts for a long period of time, because today everything is moving as it should, and tomorrow it can turn around. Only a fraudster is sure of a stable large income, while Forex is a field of chances and strategies.
All operations in the financial markets are associated with high risks. A broker who values its reputation will never promise you fabulous returns with no reason.
KeyTrending Scam preventing check: avoid low-experience broker.
After all, it doesn’t matter if the broker in unexperienced or fraud – it still can lose your money in both cases. Even if your consulting manager uses specialized terminology in such a way that you can get the impression of a high degree of his professionalism, you still need to understand what you’re doing with your funds. Ask questions and get all the details you need about shares and currencies – those are trading instruments that you will mostly use.
If you plan to trade via the Internet, ask your broker what is needed for this. It can be possible to make transactions through the site without installing additional software, or you will have to download a special program to your computer - a trading terminal. Study the system requirements, find out if it is technically possible to install a trading terminal on your computer.
If you are going to trade via smartphone or tablet, check with the broker if this is possible. Check if this mobile application is suitable for your gadgets and if it is paid.
KeyTrending.com Forex broker provides all the necessary platform guides and tips for your successful trading