Avoid Forex scams

In this and other blogs I try to recommend Brokers completely safe so I am committed to avoid falling into any scam, all the brokers mentioned in this blog are regulated and to register in any of them you can assume that you are avoiding a fraud when investing in the market.

I have recommended Brokers as Expert Option and Binomo that although they are regulated many people equally do not trust them and to please the users and show them other alternatives in the entries and videos where I speak of those Brokers I have replaced the links of those entities with those of others Brokers of greater renown.

Binomo and Expert Option I still like a lot to do Trading but since part of my audience does not inspire confidence, at the moment remove the links that point to their official sites for the respective record.

What about the scams with Binary Options?

As you will know, Binomo and Expert Option are Binary Options Brokers and I can assure you that you can make Trading in a safe way but if you are still not convinced then I recommend you to other Brokers for this purpose, such as Olymp Trade, Binary or IQ Option.

As I mentioned in another entry Binary Options are not a scam who are scams are those Brokers or Trading companies that offer their services in the market and are not properly regulated putting at risk the integrity of customers, since this type Companies can manipulate graphics or simply steal people’s money after they deposit.

In any case you should only operate in brokers that are duly regulated by competent entities worldwide and for that you must verify their legal documents and also go to the official website of the regulator to know if they are registered correctly. I always verify that information before registering in a Broker or before promoting it in any of my blogs.

What do you recommend Brokers to do Forex Trading?

In this blog you will find several Brokers that are very good, but if we are going to talk about the ones that I think are better we have:

  • HotForex
  • Libertex
  • Alpari
  • FXTM
  • XM
  • InstaForex

Remember that the aforementioned Brokers have a direct link to their particular publications where I explain in depth their characteristics and most relevant details.

And what Brokers do you recommend for Binary Options?

The list for Binary Options is a little smaller because there are very few Brokers that I recommend for this, leaving for Binomo and Expert Option I recommend:

  • Olymp Trade.
  • Binary

Do not wait any longer and register in the Broker that you like the most

Well, what I have left to recommend is that you register in the broker that you like most of those I have mentioned here, remember to access their individual publications in this blog to get more information and to register from there where you most like

Risk Warning: CFDs are a difficult product to understand and the CNMV believes that it is not suitable for retail investors given its complexity and risk.

Warning for people in the European Union: CFDs are complex instruments that carry a high risk of losing money quickly due to leverage. Between 74-89% of the accounts of retail investors lose money when operating with CFDs. You need to understand the operation of the CFD and if you can afford to assume the high risk of losing your money.