Online investment forex scams

0 votes
asked May 30, 2023 in H&E by MichealHAlexander (49,550 points)

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.

Online investment forex scams

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