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The Citizen
The Citizen
The popularity of the international forex market has made it the largest financial market in the world. According to a 2019 BIS report, the daily volume of forex traded amounts to $6.6 trillion. Around 3.5% of the total turnover was retail in 2013 as per report by BIS. The internet has facilitated retail forex trading such that anyone from anywhere can engage in the trade. However, this seamless access to the market guaranteed by the internet has created a rat-race for traders among forex brokers. Today, scam forex brokers use every form of gimmick to hoodwink ignorant individuals into trading…
