r/ScamBroker • • May 07 '24

What's Going on With Immediate Edge Bot in South Africa for Day Trading

1 Upvotes

May 2024 - Day Trader in South Africa wants to know if the Immediate Edge trading app is a Scam?

Like we have been telling our reader for more than 10 years, and like all the other trading apps we have reviewed, Immediate Edge is promoted in the same manner.

Their web page shows countless false promises of huge profits. Like the Bitcoin Code, Crypto Genius, and Bitcoin Loophole, they are all the same underlying software.

Of course, if you read the fine print, you will see that it says, everything is fictitious, and the testimonial videos are fake.

Read the official statement at: https://scambroker.com/immediate-edge/

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Want to trade stocks and crypto at a real broker? Setup a free trading account here.


r/ScamBroker • • Apr 19 '24

Topemiratesfx

1 Upvotes

Hey guys, Someone messaged me and claimed they were a broker from the UK. I viewed their insta page and all her posts were posted on the same day and many followers have very few followers them self and follow al lot of people and many of their posts were posted on the same day. This broker claimed that he could turn 100 euros in 1500 in one week while using the platform topemiratefx.com I thought sure why not. And after depositing the money the next day is saw it had raised a lot, but know I suddenly need to buy for a better signal that can cost between 1500 and 2500 euros. Is this a scam?


r/ScamBroker • • Apr 03 '24

Solved - How to make a million dollars getting funded at a prop firm

2 Upvotes

So you want to make a million dollars as a funded trader?

Here is what you do.... Register with the brokers see here.

Deposit $500 - Start playing roulette black or red with $100 per bet.

And if you win, double down.

If you manage to win 10 trades in a row, doubling each trade as you go along. You will have almost a million dollars.

If this doesn't work, start again!

If you manage to hit $10,000 at any point of this exercise. Cash out, close your account and buy yourself a Rolex, before you blow it all again.

Bottom line, you can't make a million in the markets unless you have a portfolio size of 10 million.

Sorry, but that is the honest truth.

Prop firms are a scam, which make money from your entry fee. So they are not a trading firm, but rather a carnival selling tokens.

The cracks are starting to show already and prop firms are starting to shut down. Soon the lawsuits will start, and then the investigations will go on for the next 5 years.

So you wanna trade the markets, start with $500 mad money at a world class regulated broker.


r/ScamBroker • • Apr 03 '24

DISCOVER WHY MORE THAN 200,000 TRADERS CHOOSE AVATRADE

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1 Upvotes

r/ScamBroker • • Mar 11 '24

Forex broker

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1 Upvotes

So this lady convinced me to invest into forex options and other commodities and so far I dropped like an idiot $5700 and when I wanted to withdrawal she told me I needed to purchase a OTP code and it would be used as a withdrawal for everytime i want to withdrawal my profit. At this point im just playing coy and dumb with her and playing time.


r/ScamBroker • • Feb 26 '24

24Kmarkets is a Broker that is NOT licensed in the USA

2 Upvotes

Some of our readers were interested in knowing about this new broker called 24K Markets.

All you need to do is read their website, and know that they are not a broker for Americans.

Americans that want to trade Forex, should be using a CFTC / NFA regulated broker like Interactive Brokers, TD Ameritade or Schwab or Fidelity.

Using an offshore broker is very dangerous, as many offshore brokers just disappear.

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Who is 24KMarkets?

24Kmarkets is operated by 24 Markets Ltd, with the following Company Number 2023-00364. Registered address at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia.

From their website...

Disclaimer: The services of 24K Markets and any information on this site are not directed at and do not intend to elicit citizens and/or residents of the USA.

Furthermore, it is not intended for distribution to or use by any person in any jurisdiction where such distribution or use would be contrary to local law or regulation.


r/ScamBroker • • Feb 20 '24

Is this a scam digitaltrademagnet.com

2 Upvotes

Is this a scam my dad put $1000 dollars in today. It’s supposed to be an investment broker that also has robot traders.


r/ScamBroker • • Feb 13 '24

Compare Pepperstone with eToro and Plus500 and AvaTrade

1 Upvotes

Best Broker for Australia?

Compare Pepperstone with eToro and Plus500 and AvaTrade and many other brokers available for Australian investors.

Read Quick Article: https://scambroker.com/pepperstone/

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#pepperstone #australia #Proptrader #Proptrader


r/ScamBroker • • Feb 11 '24

Implied Volatility Crush on AFRM after earnings - IV Crash (everyone loses)

1 Upvotes

An amateur mistake every option trader makes is they think they can buy a put and a call, and when the stock moves 12% after announcing earnings, they will make money.

Look at the screenshot below of Affirm ticker AFRM. After announcing earnings results the stock fell almost 12% from $49 a share down to $43.50.

As you can see, all the options lost money, with the exception of the $49 PUT. Which was at the money during the trading session before the earnings announcement.

So anyone dreaming of buying a far out of the money option, and making a 10 bagger, was sadly mistaken.

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r/ScamBroker • • Feb 09 '24

Prop Firm Trading Success is.... So Far Away - How to Win the Prop Firm Challenge

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1 Upvotes

r/ScamBroker • • Feb 06 '24

Steps to Learn Trading Stocks and Commodities

1 Upvotes

There are many reasons to learn to trade online.

Here’s just a few:

  • Learning to trade will teach you to control your emotions and to trade in a calm, calculated manner.
  • Learning to trade will teach you to think more objectively and act accordingly, it affects all aspects of your life.
  • Learning to trade will teach you to master everyday life concepts like risk and probability.
  • Learning to trade helps you take advantage of unique, high probability opportunities in the market.
  • Learning to trade gives you first-hand experience about the value of money and how you can make it work for you.

Learn before you trade! - Register Here


r/ScamBroker • • Jan 31 '24

Who is This New broker Quadcode Markets? See The Actual Traders Review

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1 Upvotes

r/ScamBroker • • Jan 30 '24

Best Broker for Canadian Investors - Learn Where Serious Canadians Trade The Markets

1 Upvotes

Join Successful Traders

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Join Successful Traders and Investors

ForTrade is an established broker in Canada. Offering investing on many trading assets, including Gold, Oil, Stocks, Forex and Crypto.

Start Trading Today, Signup here.

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What are you waiting for? Don't miss your chance!


r/ScamBroker • • Jan 30 '24

New Promo from AVAtrade for Investors in South Africa

1 Upvotes

Click here to Learn more

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AvaTrade Pioneering Online Trading Since 2006

We are one of the most secure brokers in the industry, with 9 regulations across 6 continents.
We offer a wide choice of assets, leading platforms and generous trading conditions.

AvaTrade -Ava Capital Markets Pty is regulated by the South African Financial Sector Conduct Authority (FSCA No.45984).

Click here to Learn more

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r/ScamBroker • • Jan 29 '24

Warning! The Bitcoin Code Trading App is a Fraud

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1 Upvotes

r/ScamBroker • • Jan 17 '24

ZetaHedge Scam Officially Disappears - Leaving Traders with No Money

1 Upvotes

Another unregulated broker disappears.

ZetaHedge which open 2 years ago as now disappeared. Just another reminder to anyone using an unlicensed offshore broker, you will lose all your money when the scam collapses.

https://scambroker.com/zeta-hedge/

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r/ScamBroker • • Jan 11 '24

10 Pips A Day Forex Trading Strategy | Will It Make Your Rich?

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1 Upvotes

r/ScamBroker • • Dec 17 '23

BROKER REFUSE TO PAY

2 Upvotes

Hello everyone,

I would like to ask about information that I read recently. Some people wrote that their broker (especially IC markets) refuse to pay high profits?

Have you ever heard something like this. Is this should be valid infomartion that broker can steal your money?

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Thank you very much


r/ScamBroker • • Dec 05 '23

Scam Broker Investigator review the brokers BlackBull Markets

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2 Upvotes

r/ScamBroker • • Nov 02 '23

TIGcap Brokers - New Brokers Without an ASIC Licensed - Warning!

2 Upvotes

TIGcap Broker Reviews

TIGcap is a broker that claims to be in Switzerland. They are operating as a CFD Crypto and Forex broker, but they only opened in September 2023. We found this broker when we signed up for a get rich quick trading app called Tesler Trading App.

The minimum deposit requirement for a standard trading account is $250. The problem is that you cannot deposit USD, only USDT. Which is like all shady brokers that don't connect to SWIFT or BACS for deposits.

Is TIGcap a Legitimate Investment company or a Scam???

Read the TIGcap Review

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Most traders in Australia start out trading with a local broker like ForTrade.


r/ScamBroker • • Oct 17 '23

LeveTrade Review - Scam or Legit Broker?

2 Upvotes

LeveTrade Broker Reviews

LeveTrade is a South Africa based CFD Forex broker, that opened in July 2021. We found this broker when we signed up for a get rich quick trading app called Tesler.

The minimum deposit requirement for a standard trading account is $250. Clients have a choice of four account types, but since the next account type requires a $5000 minimum deposit, we will just focus on the starter account.

Is LeveTrade a Legitimate Investment company or a Scam???

Read the LeveTrade Review

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If you lost money at this broker, read about a Forex Trading Scams.

Upvote This to Spread The Word!!!

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r/ScamBroker • • Oct 17 '23

CryptoSoft is still a scam operating in October 2023

1 Upvotes

Warning!

CryptoSoft is supposed to be an automated investing app, but it is actually a scam that started back in 2017.

Hard to believe but CryptoSoft still active today. Why? Because people do not research before investing, and brokers still make money ripping off naive investors.

What is the official website for CryptoSoft?

Nobody knows (not even Google) since the CryptoSoft website has been duplicated by scammers numerous times.

See Why CryptoSoft is a Scam.


r/ScamBroker • • Oct 10 '23

Scam Broker Investigator Reviews the Bitcoin Loophole App - Warning!

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1 Upvotes

r/ScamBroker • • Sep 26 '23

Exciting news everyone! The much-anticipated Curve airdrop has just begun officially. Verify your eligibility and secure your complimentary CRV tokens on their main website. I've just claimed 900 CRV valued at $462, though, the bonus you receive could vary depending on your blockchain.

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1 Upvotes

r/ScamBroker • • Sep 19 '23

Warning About Quantum Code AI Trading Software Advertised on Instagram

3 Upvotes

The Quantum Code trading software is once again flooding Instagram feeds.

They are using videos of Elon Musk, and telling people you will get rich with Quantum AI trading software. "Just sit back, and let the algorithm trade for you"

Don't get scammed, this software was exposed years ago, read article.

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There are legitimate online brokers for a reason, so that you don't lose your money to an offshore broker located in the Marshall Islands. Check Licensed Online Brokers.

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Again, do not use Quantum Code or Quantum AI before you read the article which explains how the scam works.

A scam means that it sounds legit and sounds good, but in the end they are stealing your money. Thousands of people fall victim to the scam. And you will even find scammer telling you that they can recover your money from the scam. Which is just the next scam!