QUOTE(smartinvestor01 @ May 16 2021, 09:00 AM)
I am quite new in FX and seek for u guys input..
If the MT4 trades can be fake, does this meaning to say that most of the FOREX companies are actually high risks?
As each of the broker MT4 could be different from each other..
No, you are wrong. It's not true.
This is why TOP TIER FX BROKER LICENSE IS VERY VERY VERY VERY IMPORTANT for a FX Broker. Please read first page of the thread.
It come with strict regulation requirements and every brokers must comply including expensive licensing, high capital deposit locked in the bank in case broker wrong doing, internal and external audit every months or quarterly, high profile director, segregated bank account, etc.
FX SCAMMERS pattern including
1: offshore, cheap license, or misleading license
2: no strict regulation requirements
3: no audit required, easily manipulated the trades as much as they want.
4: any wrongdoing can easily escape or runaway
5: no segregated account required, spent investors money like their own account.