how to dectect the illigal foreign currency trading operators

They hire the smart and attractive employees so investors can easily believe them.

They offer easy way and high profits

They always look after potential investors. They always tried to attract the potential investors.

 Mainly they give fake and attractive advertisements in internet using so many various ways

They use trading tools to attract the investors for example scrolling news about exchanging rate reports. This can leads to give the impression about profession

Illegal operators place the attractive advertisements to attract the investors

They arrange their headquarters in overseas for fake work. so investors can believe the illegal and fake traders

They will arrange impressive office with highly infrastructure and impressive it structures

They hire the employees based on commission not for salaries. They will not provide any offer letter or any employment letter or stipulating employee terms and conditions

They conduct training to prospective employees on principle of foreign exchange trading and foreign currency dealing using dummy or fake transactions under an controlled environment, that controlled by professional operator.

They shows profits in transactions to investors

So investors be careful and don’t lose your money..For any other details contact me

Illegal Foreign currency trading

Foreign currency trading is the activity of investing the amount or monies in foreign currency on any objective of getting high returns from movements of exchange rates

If any person wants to invest money in trading should select authorized dealing. Should invest wisely so that money will be safe.

If u invests money in through unauthorized dealer you will lose your money and u will be cheated

If any person invests money in foreign currency for trading it called as foreign currency trading scam. By foreign trading scam many people are cheated by unauthorized dealers.

This foreign currency trading scams are operated by companies. These companies deals illegally

Do not allow the unauthorized dealer for service in foreign currency trading. They will cheat in trading and everything and your investments will be loose

Most important thing for job seekers.dont go through unauthorized trading companies.tey will cheat innocent people

In my next I will post how to detect the fake or unauthorized foreign currency trading dealers

Remitting Foreign currency

Foreign currency notes and coins are necessary..When any one wants to travel overseas they need foreign currency.

If anyone wants to send money to overseas they need foreign currency. Transferring  funds to overseas called as remitting. Should select the authorized dealer to transfer the money to overseas otherwise your money may not reach to other side

we can recognize the illegal or unauthorized remitting agencies by following things

 1)They normally operate on a small scale

2) They claim that they are able to provide remittance services efficiently, without the need for any documents or identification

3) They rarely use documents to validate and verify the transactions

Many online consultancies and financial intuitions and bank institutes are providing remittance service

if we want to pay the fee for student who studying in overseas we have to remitted the foreign currency. Now a day’s remittance services are became very cheap