I don't know if you know that in the forex industry, there are two types of brokers.
One is subject to the supervision of mainstream overseas financial regulators, and this category is foreign exchange brokers with overseas formal qualifications; The other category is brokers that are not subject to any supervision or weak supervision, which is commonly known as the "black platform", "set of license platforms", "capital plate".
For investors, trading with unregulated Forex brokers is undoubtedly a greater risk. In particular, "foreign exchange funds", they are active in the unregulated, outside the foreign exchange circle scene, the object of deception is undoubtedly the investors who have little knowledge of foreign exchange.
Then carry out a series of brainwashing behaviors, so that investors invest more money, and then develop the surrounding resources to join, which is a great harm to the society!
So after we understand the nature of this type of scam, we find that they actually have very significant typical characteristics, and then I will tell you about the characteristics of this type of scam, I hope you can also find their characteristics.
First, to lure investors with the lie of "joining can make US dollars".
Foreign exchange funds advertise to investors that "as long as you join, you can earn dollars", and then use high returns as bait to lure investors to accept such a no-effort market model. They offer investors high returns, often ranging from 5% to 15% a month. But in fact, this is just a game of passing flowers and beating drums, there are great restrictions on gold, and you can only withdraw income, but not the principal, until no one to take over the game, the platform will crash, your principal will be wiped out.
Second, there is no formal supervision of foreign exchange funds by overseas mainstream financial institutions.
The foreign exchange fund order is not the proof material of effective supervision possessed by the formal foreign exchange industry. But they will go to great lengths to prove that they are legitimate, such as manipulating cards, forging certificates, and so on, to convince doubting investors. But what people don't know is that it only takes a little bit of scrutiny to discover the lies.
Third, the foreign exchange fund has a strong multi-level distribution system.
They will specify the multi-stage downline commissions, so that investors can join them not only to share the so-called share of trading profits, but also to harvest introduction fees. It is precisely because of this distribution model that the size of the capital plate often reaches tens of thousands.
Fourth, the foreign exchange fund is good at creating publicity, carrying out luxurious parties and heavy reward activities.
In order to prove the legitimacy of its business, foreign exchange funds often package themselves as a famous overseas financial holding group, and are strong, and even some will pull stars for their platforms to increase others' trust in them.
Fifth, foreign exchange funds will brainwash investors.
It will use wechat group, friend circle, video, conference marketing and other ways to instill in investors that "this is a once-in-a-lifetime investment opportunity, the opportunity to miss!" The point of view. The specific form is to show a variety of market data in the circle of friends, so that members know how stable their profits are.
The business flaw in this type of scam is very obvious, but the investors who fall into it do not realize that they have been brainwashed by marketing. Another group of participants regard it as an opportunity to make money, that is, they know it is a trap but want to seize the golden period of the development of funds to make a profit. But for unsuspecting ordinary participants, they bear the huge losses caused by the collapse of the money order.
Sum up
After looking at these characteristics, do you already know? Here tell you must be wary of those high-return investment products! Don't be blinded by the desire for money, and know that "no pie will fall from the sky."
Before we invest, we must first understand whether the project has legitimacy and its actual profit point. And then combined with their own economic situation to analyze whether to invest. Invest ten million, safety first! Investment is risky, enter the market need to be cautious!