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 How To Check Your Forex Broker Is Genuine Or Scam, Real FX Broker VS Scam FX Broker

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james890526
post Sep 15 2020, 03:21 AM

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Hi, total newbie in forex here. I read thru the 160+ pages and am glad that there's this ever expanding list on scam brokers.

I've been approached by someone from CPMarkets (cooper markets) about Forex investment with MAM FX as their marketing arm. I realise that CPMarkets is listed in the scam list #101, but I'd really appreciate if the professionals here can help to clarify a bit more on this broker.

The FB group posts basically shared everything about their "investment schemes" and it looks really lucrative, but I believe the list here and would also like to get my friend to quit this broker ASAP if it's an actual ponzi scam.
james890526
post Sep 16 2020, 12:37 AM

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QUOTE(DrFX @ Sep 15 2020, 09:21 PM)
You doubt our judgement?
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Not doubt, in fact I believe the list, but just need clarification if the broker is a scam itself or it's a Ponzi scheme. I am also seeking for any valid Forex platform where I can learn and start
james890526
post Sep 16 2020, 08:33 AM

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QUOTE(DrFX @ Sep 16 2020, 01:43 AM)
SCAM = SCAM
Ponzi Scheme = SCAM

Any different?
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Ok then, I'm not promoting for any party, just want to get some info about this broker. I understand that you have done extensive research on them and do not need further clarification.

 

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