What is the reason why broker scams?

[fuzzforex]

I think I have just ****uated from the school of pipsology and now experimenting with demo trading.

I have a noob question on the FXGame system. For those who trade in Oanda, how to you read the spreads and the quote price in FXGame? I read everywhere in the net that most pricesa are quoted in 4 decimal points. The FXGame system quote them in 5 decimal points. I am kind of lost when trying to set up a long or short position based on what I learned from the Net.

Anyone trading in Oanda can help?

Thanks

[anthony]

I use to wonder why a big broker that has many client still scams their customers. Pls let us learn from you share your views. At the same time, banks in major eurozone countries such as world have become increasingly reliant on central bank funding. Don`t can every scams broker?

[coiruahmad]

Obviously a scam because the broker can not afford the profit trader.They are a scam because the broker does not have good financial management.Only the personal benefit only and is certain to come away with investor funds.

[kingforex]

Not all brokers are scammers, there are good brokers also.
Brokers sometimes cheat there clients because they are not doing actually a meaningful business instead there very intention is to grab the money of innocent people, so they won't have built a profitable business.

[diljaladj]

Basically one of the biggest reason is that there are alot of newbies like me that are very new so its not too difficult to trap them so i my advice would be never to trade with new brokers.

[hossainwalid232]

Why do not I have a lot of brokers. It `s never any money, or to freeze their accounts and their means of control is not permitted. The transparency of the system is supposed to mediate.

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[helin cary]

Agent fraud their customer because the agent have two purpose, the first purpose is agent got big decrease in dealing and also use his customer cash for dealing, the second purpose is the agent just want steal/run away with his customer cash.

[kfaroky]

I do not know why it is man. It `s money or they never freeze their accounts and take hold of their money is not supposed to. The transparency of the brokerage system is supposed to be.

[djmahbub]

there are have many reasons as same one i know its a money problem when broker take this problem then he would do it or this type of something.