Scam - TopBrokers360

Avoiding Fraud in Online Trading: Essential Steps

The dream of quick money often drives many investors into financial ruin. Fraudulent online trading platforms frequently advertise their services through social media and websites, but they often trap customers with promises of high profits. These platforms offer highly speculative investments that almost always end in total financial loss for their victims. According to Europol,…

Alex Thompson

09/10/2024

FXNovus Review: Scam or Legit?

In this in-depth FXNovus Review, we take a closer look at whether this broker is trustworthy or if there are red flags indicating potential issues. We will examine key elements like regulatory compliance, customer service, deposit and withdrawal processes, and overall trading experience. This broker review is designed to provide you with the insights needed…

Alex Thompson

08/10/2024

Maunto Review: Scam or Legit?

Looking for a reliable broker and unsure if Maunto is a trading scam? If you are looking for honest online trading reviews and are concerned about its legitimacy, we have you covered. This broker review covers everything you need to know, from Maunto reviews on Trustpilot to the withdrawal process, helping you decide if it’s…

Max Turner

07/10/2024

Ventorus Review: Scam or Legit?

Ventorus has been gaining attention in the forex trading world, but is it truly a reliable broker, or should traders be concerned? In this Ventorus review, we have researched the ins and outs of this platform, examining everything from its regulatory status to its trading platform features, deposits, withdrawals, and user feedback. By the end…

Alex Thompson

07/10/2024

What Is a Scam Broker?

A scam broker is a fraudulent trading company that engages in deceitful practices to swindle investors of their funds. These brokers lure unsuspecting investors with promises of high returns on investment and other lucrative incentives.

How Do We Define a Scam Broker?

Our team of experts evaluates each broker's regulatory compliance, the safety of funds, transparency of pricing, reputation in the industry, quality of the trading platform, variety of trading instruments, and level of customer support.

What to Do if You Are Scammed?

Act quickly to minimize your losses after being scammed by a broker. Report the broker to your country's regulatory agency, contact your bank or credit card company to see if they can reverse the fraudulent transaction and contact us for expert advice and support on recovering your funds.

What Is a Ponzi Scheme?

Ponzi schemes are deceptive investment scams that make big promises but use new investors' money to pay out older investors. They rely on a never-ending stream of new investors to keep the scheme afloat. Once the scheme falls apart, the fraudsters make off with the remaining funds.

Common Forms of the Internet and Social Media Fraud

Internet and social media fraud are on the rise, and investors must be vigilant to avoid becoming victims. Scammers use cunning tactics like fraudulent websites, social media profiles, and emails to deceive and defraud innocent investors. High returns lure unsuspecting investors into fraud schemes.

Types of Foreign Currency Trading Fraud

Foreign currency trading fraud refers to fraudulent trading activities that aim to manipulate the forex market to benefit scammers. These activities often involve aggressive sales techniques such as unsolicited phone calls and cold emails.