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Commodity Futures Trading Commission.S. From 2001 to 2007, about 26,000 people lost $460 million in forex frauds. Often, the investorâs money is never actually placed in the market through a legitimate dealer, but simply diverted â stolen â for the personal benefit of the con artists.An official of the National Futures Association was quoted as saying, "Retail forex trading has increased dramatically over the past few years. Unfortunately, the amount of forex fraud has also increased dramatically. But "the market has long been plagued by swindlers preying on the gullible," according to the New York Times .S." Between 2001 and 2006 the U. Now if people go online, on non-bank portals, how is this control being done?"." âIn a typical case, investors may be promised tens of thousands of dollars in profits in just a few weeks or months, with an initial investment of only $5,000.âIn August, 2008 the CFTC set up a special task force to deal with growing foreign exchange fraud. It also refers to any retail forex broker who indicates that trading foreign exchange is a low risk, high profit investment.These scams might include churning of customer accounts for the purpose of generating commissions, selling software that is supposed to guide the customer to large profits, improperly managed "managed accounts",Some more useful information on tools online currency forex trading
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Forex Currency Trading Online - Global Forex Trading
Trading Forex Online. Period. Re-launched with information about learning, understanding, and trading with forex tools and software, We've spent an exhaustive amount of time ...
