Protecting yourself from scam brokers while trading

  • Protecting yourself from scam brokers while trading is actually a crucial part of your safe investment and multiplying your current amount of money. I would recommend you to follow some certain rules which will help you to maintain your trading safe and profitable.
    The worst thing you can do is put your investments on autopilot. Checking your statements carefully whether you receive them online or in print can help you detect wrongdoing, or even mistakes, early on. Ask questions if your investment returns aren’t what you expected or if there are surprise changes in your portfolio. And you really shouldn’t accept complicated assurances you really don’t understand.
    I recommend you to read about TradeWell scam as it happened not too much time ago and I think this information will be useful for you as a great example of a fraud scam, which is really common nowadays.