common-scams
Forex Trading Scams
Forex is the largest and most active financial market, with $3 trillion in foreign currency trades happening every day. This lively market attracts day traders who like excitement and risk. However, even in the best of circumstances, novice traders often lose money on forex. Seasoned forex traders may make some money on foreign currency, but […]
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Crypto Scams
Crypto scams are making headlines almost daily. Although cryptocurrencies are among the most exciting innovations in the 21st century, like all technology, some hazards accompany them. It may be liberating to be free from having to hold physical currency or constantly making credit card or bank transactions. However, the ease, convenience, and anonymity provided by […]
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Other Types of Scams
There are many ways of making some extra money online and offline. However, among these legitimate opportunities are a variety of frauds that seek to take advantage of people who need some extra cash. Along with numerous forex trading scams, crypto scams, and CFD scams, there are also many other types of fraud that target […]
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What Are Bitcoin Forex Scams?
Most people have heard of “bitcoin” and “forex” but the actual workings of these financial products may seem abstract. Some may think bitcoin and forex are opportunities to make money fast while others may immediately associate the terms with fraudulent activity. There is some truth behind all of these impressions. It is true that legitimate […]
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Broker Withdrawal Scam
Onlne trading is attracting both new and seasoned traders. One thing clients expect from a broker, no matter how well or badly the trades go, is to have the ability to withdraw the remaining funds in their account. However, many traders experience forex withdrawal problems. Not allowing traders to withdraw money is a sign of […]
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CFD Scams
CFDs were once reserved for high-end traders who held brokerage accounts in 6-digit amounts. Times have changed and now virtually anyone can trade CFDs, as long as they are located in a country that allows them. The downside of this development is that there are unfortunately numerous CFD scams that rob consumers. It is important […]
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Bitcoin Tumbler / Mixer Scams
With the enforcement of “know your customer” (KYC) guidelines in place at many cryptocurrency exchanges, the ability to link a Bitcoin address with the identity of the owner is a relatively simple task. For those who prefer to keep their identities anonymous and secure from attacks, these policies create privacy concerns among cryptocurrency users. The […]
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Malware
What is Malware? Malware, or malicious software comprise a variety of threats including viruses, worms, trojans and other dangerous programs that cybercriminals utilize to obtain access to sensitive information on computer systems. Any software designed to cause damage to a personal computer, server or network is referred to as malware. That is to say, software […]
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Fake Exchanges
The foreign exchange market, also referred to by many as forex, fx and the currency market is the global exchange for currency futures and trading. The foregin exchange market also provides a function for the purchase, sale and exchange of international currencies at current or determined prices. The foregn exchange market is the largest currency […]
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Fake Giveaway
What is a Fake Giveaway? A common cryptocurrency scam that has gained traction over recent years is the cryptocurrency fake giveaway scam, also referred to as the “Bitcoin Doubler”. This particular scam came to prominence at the peak of the 2018 bubble and is another one of the many crypto scams that can be found […]
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