Scam
With the recession getting deeper and deeper , more Forex Scams are surfacing. The latest scams was reported at the FPA Forex Forum.
The definition of Scam by FPA is as follows:
Failure to return money owed to traders is the FPA's first definition of Scam. Failing to negotiate in good faith is a violation of ethics that the FPA
Posted May 21st, 2009 by forexwatch in category
Forex News
Forex Brokers Bankrupt
In the financial sector news of Banks and Mortgage Companies that went bankrupt or seeking bankruptcy protection is common during this recession. At the same time and in the same sector Forex Brokers are also facing financial problem. There are Forex Brokers that have folded and others are fighting for survival.
The