Whats the difference between binary options and forex
Because the customer didnt know the real name or location of their salesperson, they had nowhere to turn to get their money back, explains Guralnek. Scam brokers are often registered in one country, have their funds located in another, and customer support in third. This way, the customer is left confused and helpless in case something goes wrong.
One day, FBO team received an email sent by a reader who encountered exactly this type of scam. The trader made a deposit with BinaryDas, and then lost all his money, all because of their 'risk-free' trades.