Is London gold trading a scam? This is common sense. There were many Loco-London gold fraud cases in the past. Even now, there are still investment companies and big banks providing Loco-London gold investment services, and many of them are legal. However, we should note that even legal loco-London gold trading is actually a high-risk investment because it is highly leveraged. However, at present, there will still be a small number of investment companies that are not well managed, and the victims will lose a lot. As long as they sign the power of attorney, the investment decision of the account is handed over to the broker. Even if brokers buy and sell at will and eat up all the money, hapless retail investors can't recover it, and brokers benefit from it unconsciously. This method is not new. Although the government often carries out publicity to remind the public to beware of Loco-London gold fraud cases, such fraud cases still occur from time to time. People think that people can be lured into fraud cases by their ignorance and greed.