Forex Peace Army acknowledges it as a scam and currently there are 3 FPA Traders Court guilty vote against the company. Panamoney, hYIP or High-Yield Investment Programs promise high returns which are too good to be true. You are better off not trading on this platform. PorterFinance is also known to ignore emails from its users and provide excuses when you request to draw out your funds. The company also deducted amounts from accounts and forfeited all profits for false early fund withdrawal requests which were never made by users. The French Autorité des Marchés Financiers (AMF) also called it an unauthorized Forex brokerInstaForex is not licensed under Belize ifsc anymore and it is said that they were kicked out. While it is a no-brainer compared to forex, there are a few things that you do need to remember like avoiding scam brokers. The trades cause huge losses which erode the funds accumulated in the account. It is a case of confirmed scam and been acknowledged by Forex Peace Army as a risk.
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Zulu - Afrikaans, rISK warning: your capital might BE AT risk. People have even lost as much as 160,000 on the bitcoin earn money apk platform. Tradorax has some serious complaints against it- the broker received 4 guilty votes in the FPA Traders Court which has led FPA to declare it a scam. You can also expect difficulties in withdrawing funds and there have been cases where the platform wrongly accused users of unethical trading and locked their accounts. The platform is known to use the funds from accounts to make trades without taking prior permission of the owner. PanaMoney is blacklisted by Forex Peace Army and cautions against investing in hyips. The company also involves in illegitimate trading where big losses wipe out entire account balances.