How to spot a FOREX scam

How to spot a FOREX scam | 4-steps

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Күн бұрын

Here are 4 steps you can use to assess whether the company you would like to work with is a honest and healthy company OR if the company is just a Forex scam or charlatan traders.
Learn about getting started with trading in the financial markets www.msequitiestrading.com/tra...
To request study information study@msequitiestrading.com
Please email any info regarding suspected scammers to scamline@msequitiestrading.com
Articles to read (ABOUT US)
issuu.com/paulgc/docs/game_ch...
/ extracting-positive-re...
www.msequitiestrading.com/blog
Facebook / msequitiestrading
Instagram ms_e_tradin...
Twitter / morganbsampson
LinkedIn www.linkedin.com/company/ms-e...
Links to brokers with exemplary track records. (NO, we do not take ANY income from recommending these brokers. We do not take any liability)
Student broker (Not available to students inside USA)
South Africa: blackstonefutures.co.za/
Global: www.globalprime.com.au/
Europe: global.swissmarkets.com/
Student broker to US students only
www.forex.com/

Пікірлер: 404

@JcLTV90 5 жыл бұрын

This video helped me a lot ! Thanks

@MSEAcademy 5 жыл бұрын

Always a pleasure! Glad we were able to help

@romeolives1027 6 жыл бұрын

Great nuggets, as usual Morgan! Love your videos!

@MSEAcademy 6 жыл бұрын

It is always our pleasure! We do hope this video will help. Thank you for your support

@nancyshah254 Жыл бұрын

@@MSEAcademy hello sir can you please help me to get a trustworthy broker

@olesanampakinyagah2328 3 жыл бұрын

Useful information, well elaborated.

@simphiwe_maluleka3426 4 жыл бұрын

Am greatful I saw this much earlier Thank you 🙏

@sizwegabela1655 5 жыл бұрын

On point bro,thanks

@sir_noble 3 жыл бұрын

Bro you really hit the nail at the head.............very informative, nice video.

@MSEAcademy 3 жыл бұрын

Appreciate the feedback, thanks!

@dennisp5151 4 жыл бұрын

What do you know about golden trade option

@xeviusUsagi 3 жыл бұрын

Is beforex capital and capital holding good? I'm not sure if they are scammers or not

@samanthahaswell1559 4 жыл бұрын

Thanks for your video I found it very informative as I have been scammed a few times in the beginning of my online trading journey I am still fighting to recover my funds& I'm getting nowhere. I wish there were more like you& that I had seen something like this before I lost money so thanks again and I look forward to seeing more of your videos x

@burhanuddinhusssainfidahus547 10 ай бұрын

I was scammed too but in another way

@BraZillionClicks 4 жыл бұрын

have you guys heard of Melius? what;s your take on it?

@skan8 4 жыл бұрын

How about GMO trading ?

@ossamaragheb3499 3 жыл бұрын

Is it possible to ask for a track record before being a client

@matthewlee4193 3 жыл бұрын

Do certain kinds trades require an imf fee???

@hayprofilms 5 жыл бұрын

Lovely video but I must say that (training working) is not quantifiable other than as coincidence. Its true that we do not know the contributions of others and associated economy fluctuation affects during our trading period which means whatever we get from training, forex is ultimately guessing. We can get a style of trading from training but not a deliberate way of winning. Studying the Post graph movement and listening to the news cannot possibly give a tangible edge during your trades because what is in control of the graph are unknown underline reasons that in accumulation project the future graph during a traders trade. There is no mathematical proof that a skill will give an edge in the markets when it comes to forex day trading. As we never know the ever changing contributions that create the forex graph movement, then we cannot know how that graph will behave on going. Bets wishes Hayden

@michaelanthonytollan 3 жыл бұрын

I am in two minds between Wiseling or Beurax can you help me out with this ?

@davidnguwo8358 3 жыл бұрын

Nice video thanks for the information. Is altcoin traders legit? Or is it a scam?

@TheTektronik 3 жыл бұрын

Thank you for this because I was getting messages from random people claiming they forex traders.

@MSEAcademy Жыл бұрын

Yes you will often receive phishing messages from these scammers. Definitely not something a legitimate company will do! Thanks for your comment. I appreciate the support! 👌💯🥳

@munraajmangat3534 5 жыл бұрын

Helpful mate

@iarasssssssssss 5 жыл бұрын

What about TradeHouse ?

@Stevek-ce7md 5 жыл бұрын

Glad I found you,

@MSEAcademy 4 жыл бұрын

That's great!

@Mlg_Roger 3 жыл бұрын

@@jefferymorgan7539 everyone keeps saying this happens and its scaring me away from trading

@AA-ih9zs 3 жыл бұрын

Sir. Did u mention or suggest any legit traders?

@ivanwabbi1341 5 жыл бұрын

thank you sir for taking about this issue, am so interested in trading but again am afraid of all these scams.so if possible please who are the good brokers so far coz they are so hard to find so far

@MSEAcademy 5 жыл бұрын

Although I do not reccomend any brokers personally, you will see a list of the brokers our students use in the video descriptions of all our videos. Global Prime is seen as a pretty consistent broker (personal opinion)

@mercywanjala3765 3 жыл бұрын

@@hayleydalonzo8307 I think I was also scammed,I invested then after the said period am told to add more bitcoin for me to be able to withdraw my profit. I really don't know what to do or if I should trust them.

@olesanampakinyagah2328 3 жыл бұрын

@@mercywanjala3765 that is exactly what I was told be careful, it's better to practice alone.

@OliverOzzy Жыл бұрын

Hello..What is your company link?

@omarquwaider6043 4 жыл бұрын

what do you think of Pro365fx is it a scam ? i am starting to have doubts about them ! i have used their plateform by myself and i have made 284 USD from the first day (my initial deposit was 250 USD) so after that i tried to make more trades on the next day but my platfrom doesnt let me open any new trade .

@thokozilepaulsen1625 3 жыл бұрын

You have help me a lot

@emmanueleliehoenai5742 3 жыл бұрын

Cool video bt would u recommend a good company i can invest on??

@amazingsoapfarmyardcollect7406 5 жыл бұрын

Never use City index they switch time of your trades positions and freeze your screen so you cant sell in profit record your trades on video and report to FCA

@user-im4ms3by5d 4 жыл бұрын

What about IBH bank & TLC trader?

@abby8586 5 жыл бұрын

Can you search rose red capital trinidad

@jorgesolis2476 3 жыл бұрын

What about genesis assets ?

@vipinbhatt4601 4 жыл бұрын

How to track record

@mwirigivincent9616 2 жыл бұрын

can anybody know about global fx trading option???

@aa33inc21 5 жыл бұрын

its Globalcryptoapp a scam?

@ronduldulao2472 3 жыл бұрын

Is regulated brokers a good way to check for its authenticity or can it be faked. Also is Cysec a good regulator? What are also regulators

@trafficmenswear3498 3 жыл бұрын

Sir could you let me know about the golden forex trading company is it legit or a scam

@vipinbhatt4601 4 жыл бұрын

How identifying company is real or fake

@bishoyyoussef4914 3 жыл бұрын

Can I trust SOFX? I was approached by one of the people working with them through Instagram. What do you think about them?

@gladstonericdsouza4102 2 жыл бұрын

Hi there. Wonderful video and valuable information. I just have a question, in point 2 you alluded to speaking to some of their clients and getting their feedback. Isnt there a possibility they could provide internal or fake contacts to make false claims of being profitable with them?

@MSEAcademy Жыл бұрын

This is definitely a possibility. But given how lazy and uncommitted scammers can be, there's a good chance they will either refuse your request or even connect you with a very unconvincing fake customer. Nothing is a perfect strategy but if they can't check all the boxes then its not worth the risk.

@jerseyroyal9427 3 ай бұрын

@@MSEAcademyI thought all clients would be data protected and any possible scammer or real company cannot pass on third party details. In the UK where I am I add. Maybe different elsewhere.

@umeshmagar6728 3 жыл бұрын

What about Europe FX they are calling me and trying to invest and active account

@user-gx5pj8xr6v 3 жыл бұрын

great

@anirr.c4498 5 жыл бұрын

do you anything bout 360 forex

@simonpolmounter5545 4 ай бұрын

Hi is a company called legal trade exchange legit or not I’ve spent to much and haven’t received a penny yet

@MrAscension_ 5 жыл бұрын

What do u think about pipcountfx and a1_jordz

@haydenharris3059 5 жыл бұрын

What to you think about forex training mentoring signals and strategies scams?

@MSEAcademy 5 жыл бұрын

I tend to find that signal services can be very inconsistent and difficult to use. One does usually not know who is providing the service and how successful they are. Very few services out in the industry have actual verified track records. The other issue of this is the fact that relying on others to make money "relying on signals" can be risky. If the service, for some unapparent reason, shuts down or lands up experiencing massive losses, this will directly impact the client. The end goal of trading is to become independent in your capability. Traders are able to learn for themselves and develop their own strategies they can trust and use with their own time and commitment.

@haydenharris3059 5 жыл бұрын

Retail traders are just guessing because there is no information available to make it any different. People win and loose with strategies signals mentoring training etc but the same happens to traders without all those gimmicks as I call them. The whole thing reminds me of the kings new suit of clothes where belief creates another reality but not the truth. best wishes Hayden

@tony2tones777 5 жыл бұрын

sms associates?

@brassic5 4 жыл бұрын

Anyone know the British company he is talking about???

@vipinbhatt4601 4 жыл бұрын

This is possible or not

@uttamonlinemedia7396 4 жыл бұрын

Nice video......

@MSEAcademy 4 жыл бұрын

Thanks

@joannamiller7459 10 ай бұрын

I have traded with a company called oanda. I have had to give money for servi es and taxes. I have $550,000 in the account. I can't get it out on my own. Could you tell me if this company is legal?

@ahmadmansoorjaafar5 3 жыл бұрын

Thanks for the tips sir.I want to join your company sir..👨‍💻

@donnalegarte5106 3 жыл бұрын

@@ericwilson6732 who is William?

@onicaneo6734 3 жыл бұрын

What about Platinumfinmart company? 'Online forex trading' Like I bought Bitcoin with $120 after two weeks my profit was about $14739 so when it was time to make withdrawals they said I should pay $500 for withdrawal fee.. I found this informative vid this week, what should I do?

@antoniobonner8048 2 жыл бұрын

@@dougjamesvandals I'm in this situation now. I paid a 100$ to get started... 4 days later I'm at $16,999.00. I request a Withdrawal and they email me saying I have to pay 20% of my profit which is $3,400... Don't know if I should pay the $3,400 to get my 17k.

@MSEAcademy Жыл бұрын

I definitely believe this is a scam. All registered brokers and investment houses have the systems to deduct all costs incurred before the withdrawal is made. They will never ask you to pay additional money out. This is however what happens with most scams. They get you hooked using a small deposit and once they have sold you the lie of massive returns being produced, they will ask you to pay a withdrawal fee which is usually a much larger sum of money. That is where they really catch you out. Do NOT pay anymore money to this group. It is a scam.

@eliaskhater7365 3 жыл бұрын

how about this company bitonlinefx.com scam or no scam...

@jackscott5121 4 жыл бұрын

Greg Secker, what’s the opinion?

@MSEAcademy 4 жыл бұрын

Not impressed at all by his sales strategies. I have been to two of his conferences, which were fueled by high flying salesmen trying to dupe an entire room into buying their strategy. I found it very disheartening when their "7 figure earning professional trader" presenter began to fumble on simple questions I asked him about transaction costs, tax, spreads and other questions. I genuinely believe their only objective is to make you use their hyper simplified system, forcing you to use their broker and pay high fees to use their service. It's an absolute trap in my eyes.

@mattevans923 4 жыл бұрын

What about Ever FX ?

@majobelarcabado9939 3 жыл бұрын

oh he's a scam

@lesliescurates 2 жыл бұрын

What about using regulated brokers?

@Best-tech001. Ай бұрын

Are you also a victim of scam..? Do you know you can recover your lost within 2 good hour...?

@matthewlee4193 3 жыл бұрын

Hi how’s it going

@carlosdelrivero 3 жыл бұрын

Dude I got scammed on auuforex, you know if I can get my money back from there?

@Rajneesh467 3 жыл бұрын

Hi Carlos, Did you get your money back?? I also got scammed by AUUforex.

@invinciblegoddess7092 4 жыл бұрын

I almost signed up for a signal program tht i was not sure abt on Instagram ... thank u soo much fr this vid

@MSEAcademy 3 жыл бұрын

I'm glad I could help out. Stay safe out there with signal services. They can be very unreliable.

@invinciblegoddess7092 3 жыл бұрын

@@MSEAcademy i am from South Afrika and i am also a beginner.... can you please recommend a good broker for me

@onicaneo6734 3 жыл бұрын

@@goodnesshyetson1702 hey, does hr charge a withdrawal fee?

@rebbecawilson408 3 жыл бұрын

@@onicaneo6734 yes if it's for your profits.

@bluesky0187 3 жыл бұрын

Hi anyone use broker from globalforextime for trading

@katherenebajar8499 2 жыл бұрын

What about Garrison FX? has anyone heard of it? It promises one on one mentoring every week but it was not waht happened

@antarmosqueda1599 4 жыл бұрын

is Fidellexpress.com, asset-martkets.com and 24expertoption.com a scam?

@MSEAcademy 4 жыл бұрын

I would not suggest you look into any of those. What are you trying to receive from them as a service?

@StrawberryJam1988 4 жыл бұрын

I currently looking for a job in Malaysia and I found a trading company, I really not sure he is illegal company or not so I subscribe this channel to learn more

@MSEAcademy 4 жыл бұрын

What company is it?

@StrawberryJam1988 4 жыл бұрын

@@MSEAcademy wow just received your reply, but I found out that it is ban in our bursa Malaysia so I didn't go further

@81quiroz 4 жыл бұрын

What if trader shows you his passport, license and the name on his SSC and the name and his photo match his Instagram page And I had him flash a light over his license so I can see the hologram California seal and the hologram on his passport and it checks out would you still see what he is about I mean I figure what the hell whats 200 I waste that on food or junk

@Natalie-rm5uo 3 жыл бұрын

Is FX Crypto 360 a Scam??

@sheilaguatlo3938 4 жыл бұрын

Is UMarket legit or scam???

@rashidek6584 3 жыл бұрын

What about OANDA broker?

@SanthoshKumar-wo3hw 3 жыл бұрын

@@jamesterry4936 and how much does he charges upfront.

@annefernando7783 3 жыл бұрын

could you tell me eXcentral trading company is a good company for trade? bcz i live in UAE, i want to invest in AMZN , could u recommend a good trading company to trade in AMZN

@leogutierrez8794 3 жыл бұрын

I was scammed on excentral beware on dealing with them...

@aaronchiam8801 4 жыл бұрын

Is Tradesto a scam???

@reneearenaud Жыл бұрын

Can you recommend a trustworthy broker/account manager?

@reneearenaud Жыл бұрын

I asked the content creator not you. I'm not interested in your scam.

@renzoleturia331 5 жыл бұрын

Hello. Please, could you tell me if FOREX.com and FOREX Broker INC are serious brokers? Thank you.

@MSEAcademy 5 жыл бұрын

I do know that Forex.com is a good brokerage to make use of for US citizens.

@shawnbarnes6386 5 жыл бұрын

MS E Academy I heard that the course called "SO DARN EASY FOREX" IS ONE OF THE BEST TRADING COURSES ONLINE FOR FOREX TRADING?

@fairoozafakier9467 3 жыл бұрын

Hi i got scammed from Forexville.org and there was an identical site called Forexville.org

@hussain3590 4 жыл бұрын

All the above links don't load

@BD90.. 3 жыл бұрын

I think I had one of these types of callers today. I didn't trust them lol.

@mourningstaaaar 4 жыл бұрын

Is Walking ATMs a scam? It's a Texas based group.

@MSEAcademy 3 жыл бұрын

I would not know for sure. Very deceptive marketing and seems like a very self proclaimed group. Also sounds like a pyramid scheme. Well that's exactly what it is. I dont think it's a great idea to get into those things. I personally had experience working for network marketing company, Mannatech, in my past. Was very unsatisfied with it. I would personally avoid this company.

@lonwabofeni6866 8 ай бұрын

If the person is asking more money after you paidthe initial amount can you trust that person

@MSEAcademy 7 ай бұрын

Well it is not normal for an investor/ trader/ portfolio manager to ask you for more money. If it is the case that you asked for a withdrawal and the individual said you must pay to withdraw then it is definitely a scam. From what I can hear though, that does not sound right

@ryanwooster4477 5 жыл бұрын

Global online limited co?

@TamilSelvan-nb5bu 3 жыл бұрын

Loyalefx forex broker is good or scammer

@josephdinesh1324 5 жыл бұрын

Hi there, I’m using yfrforex for 2 weeks, when I tried to withdraw the money, it’s not working.

@auds.smiley991 3 жыл бұрын

Is coinFX.cc website real?

@liliankosi363 3 жыл бұрын

@@kemualbishop2725 if only the hackers won't ask for more money

@Jones-1 5 жыл бұрын

Someone with 23k followers only following 300 people himself on instagram messaged me about trading forex... got super mad at me when i said no lol was he a scam?

@JeffLcarz 3 жыл бұрын

Yes

@laurenciam4202 4 жыл бұрын

27fxtrade anyone know of them?

@neffosy3223 5 жыл бұрын

Do you know about Capital XP Trading? is that scam??

@JanaesLane 5 жыл бұрын

What about Xsell Fx ?

@JeffLcarz 3 жыл бұрын

One thing I've learned. True forex traders don't seek out others about teaching them.

@MSEAcademy 3 жыл бұрын

Exactly. Just like true pilots do not seek out a flying instructor to help them learn how to fly.

@temitope6485 3 жыл бұрын

Very educating video. Thanks

@alexanderkobilyansky6036 4 жыл бұрын

fxcareerswap scam?

@sujithkumar4472 4 жыл бұрын

Wat about fxlifestyle is it a scam or wat any knows please reply me guys.

@shoporiginalco4574 4 жыл бұрын

He’s a scam

@shoporiginalco4574 4 жыл бұрын

Sujith Kumar the only dude you can trust is the warrior trading

@bestviews724 3 жыл бұрын

Hi. Does anybody know if fxprotradings.com is a scam?

@ajithbongs5080 2 жыл бұрын

Is axibitts a scam company or trader

@muhammadjabariqbal3141 5 жыл бұрын

what about blue trading?

@reginampasi3509 4 жыл бұрын

Hi I got scammed can you please assist me with any info that can be useful it happened two weeks ago..

@kjukrasniqi7977 4 жыл бұрын

i NEED u to go out there and tell everyone that companies who call you and lure you into investing ARE NOT REAL.The only company you should trade with is www.icmarkets.com

@yathin2037 4 жыл бұрын

@@demim.9203 Hi Demi, I have seen your review on Bellatrix asset management.. I'm now on trial period in them ..please share something about them.. I'm feeling scamed.. plz reply

@nsastef 4 жыл бұрын

if you were actually scammed you need to file a complaint with the authority that licences that broker or sue them in court

@Luis-gh3in 5 жыл бұрын

Someone wants to send me their algo for 2k$ or use it.. 2-7 day position holds and 15% profit. Do you think is a scam?

@MSEAcademy 5 жыл бұрын

To be honest, that does sound like a bit of a scam. I wont mind taking a closer look at whatever information they have sent you to verify this. You can email what you have to info@msequitiestrading.com and we will get back to you

@Luis-gh3in 5 жыл бұрын

@@MSEAcademy Just sent an email :)) thank you

@sewaksingh6189 5 жыл бұрын

@@Luis-gh3in can u get reply ?

@taurus9406 6 жыл бұрын

Thanks for the info trading is hard already we dont need to be scammed anyway i tried your links ,myfxbook.com and the facebook one cant find you there any reason for that ,when i got to your first link it says ....User Morg wasnt found.....

@MSEAcademy 6 жыл бұрын

Completely agree with you. Sad to see that scammers are out there, but yes, it is something we have to learn to deal with. Unsure of why the link was not working but I have included the correct link below for you. www.myfxbook.com/members/Morganbsampson/alfa-capital-conservative-fund/2346527

@taurus9406 6 жыл бұрын

Awesome and impressive

@thetruth5432 5 жыл бұрын

No level 2 in forex is why I don't trade it. I don't like to trade blind.

@DeezNutsInYourMouth101 5 жыл бұрын

Lmfao

@yop495 3 жыл бұрын

@MS E ACADEMY how are you? Please do you have any information about explicitfx.com?

@gabrielciubotariu5258 3 жыл бұрын

Yeas I’ve been scam of this company ExplicittradeFX

@yop495 3 жыл бұрын

@@gabrielciubotariu5258 could you please give me the website?

@yop495 3 жыл бұрын

@@gabrielciubotariu5258 just explicitfx

@hyepwr23 5 жыл бұрын

a friend of mine is wanting me to invest in forex but i have to buy the software for 500 and pay 24.99 a month to trade currency is it a scam or legit?

@chery0071 4 жыл бұрын

Sounds ponzy aka mlm

@vipinbhatt4601 4 жыл бұрын

Bcoz i have invest 100$ and they trade my account and profit 15750$ but i cant withdraw my money

@larethamarie 4 жыл бұрын

vipin bhatt dame for me now the lady saying I have to give her $1100 to withdraw my funds

@tasneemb6793 4 жыл бұрын

@@ghostgirl6127 Same thing happened to me rn. I invested 500$ and earned 51,000$ in the last week. Now the company is asking for 5000$ which is not from my profits as network fee to clear bank charges. Agent name- Monalisa Albert( idk if that's the real name) they refuse to get on a call with me. Company name- Nexoption.net

@tasneemb6793 4 жыл бұрын

Did you get to withdraw profits?

@chathuranga1992 3 жыл бұрын

is prime fx services scam or not?

@theprodigalson1658 3 жыл бұрын

Did you use xprimeforex?

@Miister00 5 жыл бұрын

Does anybody know of CFDTrend?

@mdahsanullah4668 4 жыл бұрын

Traders who are willing to trade Forex should select a very good trading broker and FXDirects is a very good trading broker having their regulation from FMRRC. The broker is a very secure place for making investment because they use all segregated bank account of National Bank of England.