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Forex scams

UserPost

2:43 pm
May 30, 2023


michealhalexander

Shadowvillian

Posts: 1298

1

An old point-spread forex scam was based on computer manipulation of bid-ask spreads. The point spread between the bid and ask basically reflects the commission of a back-and-forth transaction processed through a broker. These spreads typically differ between currency pairs. The scam occurs when those point spreads differ widely among brokers.

Forex scams


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