LandOfCash Forex expert advisors, Trailing EA, Indicators.

Forex Trading Expert Advisors (EA or automated trading system) and Custom Indicators (CI) for MetaTrader Platform.

LOCTrailing With Partial Close Expert Advisor protect your orders profit. Trail stop level for manual and automatic orders with different algorithms, move stop loss into breakeven.

LOCInfo Custom Indicator follow the simple rules and make the right decision when to buy or sell. View Moving Average, Stochastic indicators from multiple time frames in one place.

forextraderrr
  • Posts: 1
  • Joined: 03/08/2017
There are a lot of fraud in the industry and those are what we call market makers. They manipulate your trades so that you will lose money. And when you lose money, they will gain. They are always taking the other side of the trade and do not push the orders to the liquidity providers. That is why you may have noticed huge slippage, glitches in your trading platform, orders not pushing through- these are because they are manipulating your orders. Some are notorious for creating spikes, they do it in order to take out customer’s stops. Some market maker brokers also freeze their platform during news announcements or increase spreads. Beware of these companies. Deal with only the true STP/ECN. Redbullfx is your better alternative.
kerstin25
  • Posts: 11
  • Joined: 19/10/2017
Scammers are really all over the internet. Some bogus FX brokers take advantage of newbies. We all need to be really wise and smart. Forex brokerage  Alpari is a company that you can trust because of its regulation and innovative services and tools.
landfx
  • Posts: 8
  • Joined: 04/12/2019
Dodgy CFD or forex brokers pop up all the time.
What I've learned... when you read broker reviews and see so many positive reviews... be careful.
Don't let them fool you.
If something seems too good to be true, it probably is (not?)
CFD Spy  - your spy on forex and CFD markets.
Michael Coles
  • Posts: 4
  • Joined: 03/05/2020
Frauds in Forex is very common and there is really no way one could get off it without doing proper research. I am always focusing on that and it’s easier when you do proper research, it’s impossible to go anywhere otherwise.
queenaurora
  • Posts: 206
  • Joined: 23/01/2021
It's important to exercise caution and do your due diligence when choosing a broker for trading. While some brokers may engage in questionable practices, it's also crucial to research and verify the reputation and legitimacy of any broker you consider using. Look for reviews, regulatory oversight, and transparency in their operations. It's wise to consider multiple factors and not rely solely on endorsements from a single source. Make sure to choose a broker that suits your trading needs and aligns with your risk tolerance.
Here are the Top 10 forex brokers in the Problematic/Scam Platform category as of October 2, 2023, as quoted from WikiFX:
1. eXcentral
2. OctaFX (Clone/Fake)
3. Binomo
4. Aximtrade
5. BTC Dana
6. Olymp Trade
7. Meg LTD
8. Headway
9. Stockity
10. Kato Prime
queenaurora
  • Posts: 206
  • Joined: 23/01/2021
It's important for traders to be cautious and informed about potential risks in the financial industry. Researching and choosing reputable brokers with transparent practices can help mitigate some of these concerns. So, like, make sure to check out a bunch of info about brokers first so you don't fall for any scammy ones. The cool thing on the FreshForex website is you can find negative reviews about them. Why? 'Cause you can find all the good reviews on your own, but here you can check out all the bad stuff with comments and replies from FreshForex managers that you can't find on the internet. Why do they do it? 'Cause FreshForex always has been and always will be an open and honest company that ain't afraid to have a real talk with its actual clients!
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