The news is by your side.
AED
$0.27
0%
AFN
$0.01
-1.14%
ALL
$0.01
0%
AMD
$0.00
+0.65%
ANG
$0.55
+0.1%
AOA
$0.00
0%
ARS
$0.01
+0.37%
AUD
$0.69
+0.09%
AWG
$0.56
0%
AZN
$0.59
0%

How to avoid scams in online forex trading | SAMAA


HOME

Video

There are dozens of websites and apps offering online trading

SAMAA |
Wakil ur Rehman – Posted: Sep 20, 2021 | Last Updated: 3 months ago

Posted: Sep 20, 2021 | Last Updated: 3 months ago

There are dozens of websites, apps and whatsapp groups apparently offering online trading in foreign exchange, promising lucrative profit rates and assuring doubling investments within a week or two.

Traders associated with forex trading outlined three common ways for online trading in Pakistan.

The first mode is legal: There are brokers, as many as 300, registered with the Pakistan Mercantile Exchange offering legitimate trades in foreign exchange.

Another mode, which is not illegal, is trading via fleet farms abroad. However, such foreign exchange trades have no legal protection in the country.

Then there are foreign exchange trading through specialized software on which everything – ranging from profits earned and losses accrued to traders – is fraud.

 

 

 



 

 

Automatic Robots Scam, Automatic Trading Robots Scam, Forex Robots Scam, Tips for Forex trading, Forex Trading Scams Hindi, forex, Tips for Commodity Trading, Tips for Stock trading, Online trading scams, Stock trading scams hindi, TRADE FOREX, TRADE FOREX IN PAKISTAN, Share Trading, TRADE, FOREX, IN PAKISTAN, HOW TO TRADE FOREX IN PAKISTAN, Share Trading in Pakistan