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Tips To Avoid Forex EA Scams & Fraud

Posted: 17 Oct 2020, 06:53
by Silentman
There are many Forex EA frauds. So, it is essential to recognize and avoid these forex EA scams. Here a few tips to recognize these scams.
  • High drawdown figures
  • Long open trades strategies
  • Scalping strategies
  • Unrealistic marketing messages
  • Untrustworthy Myfxbook Account
  • Low-Quality Content on The Website
Always Do a Google (any search engine) search about the EA. Most likely, there will be reviews about EA you are looking for. Never buy from sellers only advertise and sell on places like Telegram, Youtube, Facebook, etc. Because 99% time, it's a scam, and you probably won’t receive an EA or a reply from the seller.

Read Full Article Here - https://www.fxcracked.com/forex-articles/how-to-identify-forex-ea-scams

Re: Tips To Avoid Forex EA Scams & Fraud

Posted: 16 Nov 2020, 15:16
by EagleEye
All great tips, unfortunately there's a lot of scams going around recently.

Re: Tips To Avoid Forex EA Scams & Fraud

Posted: 21 Nov 2020, 06:04
by Mason
These are the great tips and i appreciate, its better to take a survey before involving your resources

Re: Tips To Avoid Forex EA Scams & Fraud

Posted: 21 Nov 2020, 06:06
by Liam
Mason wrote: 21 Nov 2020, 06:04 These are the great tips and i appreciate, its better to take a survey before involving your resources

 
I am agree, most of newbies start putting their money without getting any info and when they lose the money they blame the forex 
 

Re: Tips To Avoid Forex EA Scams & Fraud

Posted: 21 Nov 2020, 06:07
by Mason
Liam wrote: 21 Nov 2020, 06:06
Mason wrote: 21 Nov 2020, 06:04 These are the great tips and i appreciate, its better to take a survey before involving your resources


 
I am agree, most of newbies start putting their money without getting any info and when they lose the money they blame the forex 
 

 
I had the same experience when i was new in trade i keep putting my money in broker, unfortunately all were scam and i lose my investment   
 

Re: Tips To Avoid Forex EA Scams & Fraud

Posted: 21 Nov 2020, 06:08
by James
Thanks for sharing the tips. I recently start my forex trading and looking for some suggest

Re: Tips To Avoid Forex EA Scams & Fraud

Posted: 21 Nov 2020, 06:09
by William
We should always aware before investing and watch some reviews