Ethereum based platform for secured Foreign exchange market trading. The platform will allow secure Forex trading, CFD trading, Binary Options trading and cryptocurrency trading. The project is designed to prevent fraud on foreign exchange market by means of blockchain technology. ICO starts on 25th of January 2018.
Unathi Kwaza: Watching @Checkpoint_eNCA episode on Forex Fraud. South Africans are too gullible man. I don't feel sorry for any of those losing money. People don't want to work, they want free money. Tsek
The true use case for cryptos! "crypto and forex fraud claims had jumped from 530 to 1,834 in the 2018/19 financial year ... The vast majority — 81 per cent — of the claims related to cryptocurrency scams."
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Banks involed in FOREX fraud want a formerly "rubber stamp" SEC waiver to continue operating as "well-known seasoned issuers"--Problem is that the repeat offenders need a vote of the SEC five commissioners--Stay tuned to see how much it costs to "capture" the SEC
Forex, or the foreign exchange market where investors and institutions trade currencies, is the biggest financial market in the world. Around $6.5 trillion trades each day on the forex markets ... While most forex brokers are decent and honest, not all are. It pays to be able to defend yourself against less scrupulous brokers. Avoiding broker fraud ought to be a priority for people who trade foreign exchange pairs, then – and that’s where we can help. ForexFraud.com is here to help prevent forex and commodity fraud. The site lists agencies to contact if you experience fraudulent forex schemes. An unregulated financial company trading off-exchange Forex, foreign currency futures and options contracts with retail customers is illicit and may be a fraud or scam. In many cases, investors may be guaranteed high returns in the tens of thousands of dollars over a few weeks or months, with a relatively low initial investment. Many scams in the forex market are no longer as pervasive due to tighter regulations, but some problems still exist. One shady practice is when forex brokers offer wide bid-ask spreads on certain ...
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