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Ten Steps To Take If You Lose Money In Forex
Introduction Nowadays, thanks to the Internet, it’s extremely easy for anyone to go online and start trading in forex. Unfortunately, it’s also just as easy to fall victim to any number of forex frauds, from phony brokers to dishonest “expert” advisors; from sham dummy companies to rogue automated trading systems. The potential for so much online…
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Pros & Cons of Automated Trading Systems – All You Need to Know
Introduction What could be simpler than an automated trading system? Just program a computer to buy or sell stocks, shares, and foreign exchange when certain criteria are met, and away you go. You can set the system up to sell when a share falls below a certain price or to buy euros when the exchange…
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Is Binary Options Legal? The Ins And Outs Of Binary Trading
Introduction Binary options are sometimes known as all-or-nothing options, and that phrase perfectly sums up what they’re about. Without going into too much detail, essentially you’re betting that an asset will be worth above a certain value at a certain time. If your prediction is correct, you’ll make a profit, but if you’re wrong, you’ll…
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How to protect yourself from online scams – Top Tips
Introduction The internet has changed the way the world works, and that applies to financial investments too. The world wide web has not only opened up new investment opportunities, but it has also created new routes to market, especially for smaller or first-time investors, or for people who traditionally use conventional stockbrokers. Whilst those new…
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If You Get Scammed, Can You Get Your Money Back?
Introduction The internet has opened up many new ways of doing business, and that includes trading in binary options and forex. If you’re looking to make money in this way, chances are you’ll be using a broker. For the most part, brokers are genuine and trustworthy. But sadly there are some unscrupulous operators whose only intention…
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The Most Prominent Stock Scams in History
It is extremely important for investors to remain updated about the latest happenings in financial markets. Keeping track of emerging developments ultimately empowers smarter investment decision-making. At the same time, it is vital to acquire knowledge about past instances of fraud in order to learn from them. It is worth noting that stock scams are among the…
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The Best Credit Card Fraud Detection Techniques
The world is increasingly going cashless, and credit cards continue to be the leaders in payment processing due to their established infrastructure and massive networks. Indeed, with improvements in credit card technology and digital payments, credit card usage has been on the rise. The US Federal Reserve’s triennial study on payment methods in the US…
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Common Scams and How To Protect Yourself
The internet is a part of everyone’s daily life and has transformed our world in ways we couldn’t have previously imagined.Unfortunately, along with the conveniences and opportunities that our interconnected world offers are heightened risks. Online scams are a perfect example of this very reality. From phishing scams that aim to steal your financial information…
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Pyramid Scheme Guide: 4 Types of Pyramid Schemes
What is a pyramid scheme? Every few years, the news headlines start buzzing with stories about investors losing money in the latest pyramid scheme. A pyramid scheme is a financial scam that looks totally legitimate at first glance but in fact isn’t. Knowing what they are is the first step to avoiding them. Most of…
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How to Steer Clear of Coronavirus Scams
From the first few cases reported in China towards the end of 2019, coronavirus is now starting to hit the headlines all round the world. The World Health Organization is looking on nervously and hopes to help contain the spread of the illness until a vaccine can be developed. Meanwhile, new cases are reported almost daily with…