What are the common forex scams? In order to better help foreign exchange investors identify scams, Tianyan Jun received many exposure and complaint cases in the process of helping investors defend their rights, summed up the four common scams in the foreign exchange market, and revealed its usual fraud methods with typical cases. I hope to help you!

First, the fund fraud

"Capital plate" scam is very common in the investment field, and PTFX Puton, which has been buzzing in the exchange circle before, is a typical capital plate.

Fraud analysis

The fundamental feature of the capital plate is "take the money of the latecomer, give the first person dividends", it usually has an attractive dividend mechanism, through the reward dividend and other ways to continue to develop down the line. Once there are no new traders involved, the entire capital chain will face a crash, and the platform will do its best to absorb the last wave of gold before it runs, and the latter will become the "catch man".

The overall routine is as follows:

1, promise high returns, high yields, and absolutely stable;

2, let the first investors taste the sweetness, encourage them to work hard to develop the line, according to the "head" calculation dividend;

3, as more and more people join this game, establish a huge pool of funds, in the name of "foreign exchange speculation" to carry out covert operations;

4, the fund chain was broken, but never admitted, using fake MT4 to loot accounts, and to search for new funds until the last moment.

2. Fake Forex APP scam

Fraud analysis

The process of this type of scam is now highly unified, and its striking feature is to allow investors to make a quick and large profit, and then collect a second round of harvest by charging various "withdrawal fees".

The overall routine is as follows:

The first step: a variety of false publicity, high profit temptation to attract investors;

Step 2: First give investors a little sweetener to win trust;

The third step: continue to encourage investors to increase capital investment, background operations to allow investors to quickly and plentifully, usually within three days of the account several times, or even dozens of times;

Step 4: Strike while the iron is hot, seize the psychology of investors eager to withdraw gold, and charge "withdrawal fees" for various reasons, and some investors have been cheated repeatedly;

Step 5: Lost contact, APP for another vest to continue a new round of cheating.

Three, group call single scam

At the beginning of last year, an investment friend said that he was inadvertently pulled by strangers to a stock exchange group, which has a few very cow teachers will analyze and recommend some stocks, Huiyou followed to buy a few times, a small profit, but then began to recommend stocks are often bought after a sharp fall, all covered.

Fraud analysis

The main way to call a single scam is to group, pull people, malicious call, simply form a single group of foreign exchange calls, or in the guise of a stock group, and then introduce investors into the foreign exchange black platform, usually a group with N brackets in the agreement. In October last year, Shenzhen Longgang police beat down a fraud criminal gang in the name of recommending stocks and calling out single operation, according to the suspects, at most, a chat group of 30 people, they need to be played 29 roles!

The overall routine is as follows:

The first step: spread the net, with high returns, low entry threshold, stable earnings and other conditions as a guide, add friends;

The second step: pull into the shout single group, share the false profit data chart, a group in the group to follow;

The third step: call single transaction, first give some sweeteners, let people relax their vigilance;

Step 4: Find ways to entice investors to add money! Garkin! Garkin! ;

Step 5: Investors either account explosion, or can not out of gold, call a single group dissolved disappear, start a new stove.

4. Fake dealer fraud

Fraud analysis

The fraud of fake traders is the most common in the foreign exchange market, and it is integrated into all kinds of scams, and the above three scams are also based on the fake dealer platform. Because most investors know the importance of foreign exchange regulatory licenses, it is most common to falsify regulatory information.

The overall routine is as follows:

1. Packaging itself as a platform with compliance supervision, either cloning the regulatory information of other compliance traders, or claiming compliance supervision just by having the registration number of a regulatory body, or even directly fabricating regulatory information;

2, to attract investors with high returns, emphasizing the gold fast;

3. Use fake MT4 software to cause losses, or malicious hedging operations;

4. Set up various withdrawal barriers;

5. Eliminate investor account profits and ban investor accounts.

"Three board big axe" practice the strongest foreign exchange fraud prevention

Forex scams are endless, fraud methods are constantly updated, but no matter how they are packaged, a scam is a scam, everything changes, the core formula is nothing more than that, and there will always be loopholes. As long as investors keep to their heart, follow the following "three board axe", let its fraudsters boast is also in vain.

Big Axe 1: Be sure to verify the compliance of the platform before deposit, and stay away from all fake foreign exchange traders! Forex scams are basically based on fraud by fake traders without compliance supervision, or in the name of a compliant broker, you know, these black platforms are extremely cheap and difficult to trace back.

Big ax two: Foreign exchange investment itself is a risky thing, do not believe all "high yield", "guaranteed income" propaganda! Usually, the return of financial products more than 6% will be questioned, more than 8% is already dangerous, more than 10%, it must be prepared to lose all the principal. The promise of capital preservation, but also can reach more than 30% of the income, is basically a scam.

Big axe three: Investment must have their own judgment! For the shouts in the investment group, we should keep rational, do not follow orders impulsively, or even be led by the nose, and always have their own judgment. If you don't have your own judgment, then you're not fit to invest.

Again! The supervision of the foreign exchange platform is very important, although having a well-known regulatory authority authorization license does not mean that the foreign exchange platform is absolutely reliable, but the safety of investors' funds will be relatively more guaranteed. Whether it is a compliant forex platform or a black forex platform, it will claim that it is protected by state regulation and law. Investors can follow the path of verification, be sure to verify good and then consider gold!