Victims of scams forex trading or binary options trading often does not know what to deal with crooks who refuse to return their money. In this article we’ll discuss some ideas where to start if unfortunately you have been the victim of a rogue broker.
Scams forex trading and binary options
They are very common and shapes, usually they rather place on binary options on forex, but both do not prevent others besides French-Israeli authorities recently unveiled to light a fraud forex and binary options from 105 million euros! If the forex scams exist and more about binary options is because this type of investment often is breathtaking and attracts a large number of people to engage in the online daily investment.
Beginners binary options allow themselves far too easily influenced and many of them are moving towards the bad brokers, unauthorized brokers, some are also contained very often on the black list of binary options brokers in the AMF, results: these traders sometimes fall victim to scams binary options (or forex).
The most common scams involve binary options for the broker to prompt the trader to deposit a large sum of money on his trading account and take it. To attract traders, brokers that such practices do not hesitate to lie to traders, they pose as licensed brokers and sometimes they make identity theft (other authorized brokers). Once the trader has deposited money with a broker crook, he hardly recovered (if ever). This is the trap into which fall far too many novices of trading today.
scam victim, contact your local financial regulator
There really is no solution that guarantees you get your money back if you have been scammed or Forex binary options. Brokers who commit scams are brokers whose business is not supervised by financial authorities and have no license, ie they act illegally and not make anyone accountable.
If an unauthorized broker refuse to return your money, unfortunately you will have no power and hardly arrive to collect your money. The options available to you are:
Contact the financial policeman in your country (Share issue and ask whether other complaints have been filed against the broker concerned).
Search the internet when other traders have been victims of scams of this same broker.
Contact victims who usually undertake collective action to get their money.
Look for lawyers specializing in financial fraud, some are trying to recover the stolen money in return for a percentage of the sums recovered.
Choose a broker regulated in the future
Whatever the outcome of your dispute with a broker, if you have been a victim of scam, then hold the lesson and in the future choose a forex broker or a broker of regulated binary options which has the necessary licenses and authorizations enabling it to offer trading legally. When choosing a broker regulated by the Financial Markets Authority (AMF), the French traders will be protected at any point and financially covered if they meet one day a problem with the broker concerned.