Common foreign exchange scam
fake transaction
Some foreign exchange agents are not satisfied with making money by charging fees. In fact, the trading you do is not really put into the foreign exchange market, but in the hands of traders, and all these operations are completed in the trader's operating system. The change of data is also their action on the server. They will make you explode in some ways and deprive you of your principal for nothing.
Investment group scam
Through the form of online group, a large number of foreign exchange whites are attracted to follow the foreign exchange gods to make orders.
Ponzi scheme
The so-called pyramid scheme is to rob Peter to pay Paul and return the money of the new investors to the old investors. Once no newcomers come in, the capital chain will break, and players are likely to abscond with money.
Automatic trading system
In particular, some novice traders may believe in automatic documentary systems, which may not be too expensive, but in fact this is just an ordinary tool under the banner of intelligent trading. There are many uncertainties in the foreign exchange market. Any tool or platform that promises to make a profit has problems and can't play a practical role. It is very likely that there will be an excuse to explode positions because of the failure of the trading system.
Fund-raising and gold delivery platform
This scam is actually a long-distance fishing operation, attracting investors through a large number of gifts. It is equivalent to amplifying the leverage on the basis of the investor's principal, and all the money earned by the gift belongs to the investor, which is very attractive. Although it seems that the foreign exchange price is consistent with the real foreign exchange market, all operations are still completed in their system, and the loss of gifts will not cause them actual losses. Their cost is only the money that investors earn by giving gifts.
Stealing personal transaction information
Because of network security issues, such as phishing emails and hacker attacks. They locate their servers through some link plug-ins, and once investors click on the link, the password of the registered account is likely to be stolen.
It may also be a way to solve the problem by creating problems, such as pretending to be a banker to remind you that your account is locked and you need to log in again to resume unlocking, thus stealing transaction information.