Jodeo
JF-Expert Member
- Mar 10, 2015
- 1,286
- 1,328
Forex: Biashara Yenye Utajiri Mkubwa Zaidi Duniani Ambayo Hakuna Benki Itataka Uijue!
Forex: Biashara Yenye Utajiri Mkubwa Zaidi Duniani Ambayo Hakuna Benki Itataka Uijue!
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Ginner
JF-Expert Member
- May 8, 2011
- 1,532
- 2,065
kula vichwa mkuu.....kula vichwa. ujasiriamali wa kisasa ndo huu, unawapanga wakijaa siku inasogea.
Foreign exchange fraud - Wikipedia
Foreign exchange fraud - Wikipedia
Mzee wa hat-trick
JF-Expert Member
- Nov 21, 2016
- 1,730
- 2,388
It seems hii ni business nzuri sn. I trully wish nije niifanye siku moja pia. Ila nadhani inapendeza zaidi mtu ukawa unapiga ishu zingine ili kujipatia fedha kwanza, na ukachukua hardly mwaka mmoja kusoma sana na kujifunza sana khs forex na kuaccumulate hela kwa ajili ya kuja kuanza effectively, basing on the general rule that usifanye biashara hii kwa fedha ambayo hautakuwa tayar kuipoteza. Ukiwa na hela kwanza, itaweza kukusaidia kupata mentor mzuri na akakuongoza vzr.
All the best guys..!!
All the best guys..!!
njiwa
JF-Expert Member
- Apr 16, 2009
- 13,144
- 6,942
Nice ......
Seawhale
JF-Expert Member
- Sep 25, 2016
- 1,477
- 1,668
Kwa kweli kwenye ile algorithm yako nimetoka zero........
Lodrick Thomas
JF-Expert Member
- Jan 24, 2017
- 1,339
- 2,431
Habari mkuu??
Ni wapi pamekushinda?? Kwanza ningekushauri kabla hujaichek ile solution yangu, kwenye kitabu ile part iko kuanzia! Mleta mada alileta part ya swali na sio swali kamili labda ndio maana imekuchanganya mkuu wangu!!
Hili swali liko chapter 4 page ya 62!
Ukikwama nijulishe mkuu!
Seawhale
JF-Expert Member
- Sep 25, 2016
- 1,477
- 1,668
Nki organize swali ipasavyo ntakuchek
Bavaria
JF-Expert Member
- Jun 14, 2011
- 53,092
- 53,496
Hata akiwa STP sio mbaya.
Kwa kukusaidia, angalia broker aliekuwa regulated UK, US, Australia, Switzeland, Germany.
Au ingia babypips.com wanawachambua brokers mara kwa mara.
Ginner
JF-Expert Member
- May 8, 2011
- 1,532
- 2,065
Spotting A Forex Scam
The spot forex market is said to trade at over $1 trillion a day. Combine that with currency options and futures contracts, and the amounts could literally be another couple of trillion traded on any given day.
SEE: Forex Walkthrough
Historically Speaking
In its 2009 report, the Foreign Exchange Committee at the Bank of International Settlements estimated the total numbers of forex related transactions to be $3.2 trillion. With this type of money floating around an unregulated spot market that trades over the counter with no accountability, forex scams can only increase with the lure of earning fortunes in limited amounts of time. Many of the old popular scams have ceased, due to serious enforcement actions by the Commodity Futures Trading Commission (CFTC) and the 1982 formation of the self-regulatory National Futures Association. However, many scams still exist, and new ones keep arising
The old forex scam was founded 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 widely differ among brokers. Brokers often do not offer the normal two- to three-point spread in the EUR/USD, for example, but spreads of seven pips or more. Factor four or more pips on every $1 million trade, and any potential gains resulting from a good investment are eaten away by commissions. This scam has quieted down over the last 10 years, but be careful of those offshore retail brokers who are not regulated by the CFTC, NFA or their nation of origin. These tendencies still exist and it's quite easy for firms to pack up and disappear with the money when confronted with actions. Many saw a jail cell for these computer manipulations. But the majority violators have historically been United States-based companies, not the offshore ones.
SEE: 5 Tips For Selecting A Forex Broker
Signaling the Scam
A popular modern-day scam is the signal seller. Signal sellers are people who may be a retail firm, pooled asset manager, managed account company or individual trader who promises to trade based on professional recommendations that will make anyone wealthy. They tout their long experience and trading abilities with backing by people who will practically testify in court on how great a trader and friend the person is, and the vast wealth that this person has earned for them. All the unsuspecting trader has to do is hand over X amount of dollars for the privilege of trade recommendations. Many of these people simply collect money from a certain amount of traders and disappear. Some will recommend a good trade now and then, to allow the signal money to perpetuate. While this new scam is slowly becoming a wider problem, many signal sellers are honest and perform trade functions as intended.
Scamming in Today's Market
A persistent scam, old and new, presents itself in some types of forex-developed trading systems. These people tout their system's ability to generate automatic trades that, even while you sleep, earn vast wealth. Today, the new terminology is "robot," because of the ability to work automatically. Either way, many of these systems have not been submitted and tested by an independent source for formal review. Examination factors must include the testing of a trading system's parameters and optimization codes. If the parameters and optimization codes are invalid, the system will generate random buy and sell signals. This will cause unsuspecting traders to do nothing more than gamble. Although tested systems exist on the market, potential forex traders should research the system they wish to implement into their trading strategy.
SEE: How To Place Orders With A Forex Broker
Other Factors to Consider
Traditionally, many trading systems have been quite costly. Just a few short years ago, $5,000 was not much to pay for a system. This can be viewed as a scam in itself. No trader should pay more than a few hundred dollars for a proper system. Be especially careful of system sellers that offer programs at exorbitant prices justified by guaranteeing phenomenal results. Although many crooks sell systems, there are plenty of sellers who are decent and legitimate and have systems that have been properly tested to potentially earn substantial income.
SEE: Is Your Forex Broker A Scam?
Another persistent problem is the commingling of funds. Without a record of segregated accounts, individuals cannot track the exact performance of their investments. As a result, many principles of retail firms are able to pay exorbitant salaries, buy houses, cars and planes or just disappear with a customer's money. The allure for some is too great to perform the proper roles and duties. Section 4D of the Commodity Futures Modernization Act of 2000 addressed the issue of segregation. This act introduced strong regulating towards segregated brokerage accounts, allowing clients to opt out of such investment strategies. What occurs in other nations is a separate issue.
Warning Signs
Other scams and warning signs exist when brokers won't allow the withdrawal of monies from investor accounts, or when problems exist within the trading station. Can you enter or exit a trade during an economic announcement that is not in line with expectations? If you can't withdraw money, warning signs should flash. If the trade station doesn't operate to your liquidity expectations, warning signs should again flash. An important factor to always consider when choosing a broker or a trading system to satisfy your personal goals is to be skeptical of promises or promotional material that guarantees a high level of performance.
Of the 193 cases filed with the NFA in 2008 for rules and law violations, 166 were settled within nine months, but only 23% received lost funds. Therefore, similar to the circumstances that present themselves in a Ponzi scheme, even when those who deliberately engage in forex scams are brought to justice, investor reimbursement is not guaranteed.
SEE: 10 Forex Misconceptions
The Bottom Line
To investigate your broker, the Background Affiliation Status Information Center system was introduced. Many of these changes have driven out the crooks, the unwanted and the old scams and legitimized the system for the many good firms. However, always be wary of new forex scams, as the temptation and allure of huge profits will always bring new and more sophisticated types to this market.
The spot forex market is said to trade at over $1 trillion a day. Combine that with currency options and futures contracts, and the amounts could literally be another couple of trillion traded on any given day.
SEE: Forex Walkthrough
Historically Speaking
In its 2009 report, the Foreign Exchange Committee at the Bank of International Settlements estimated the total numbers of forex related transactions to be $3.2 trillion. With this type of money floating around an unregulated spot market that trades over the counter with no accountability, forex scams can only increase with the lure of earning fortunes in limited amounts of time. Many of the old popular scams have ceased, due to serious enforcement actions by the Commodity Futures Trading Commission (CFTC) and the 1982 formation of the self-regulatory National Futures Association. However, many scams still exist, and new ones keep arising
The old forex scam was founded 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 widely differ among brokers. Brokers often do not offer the normal two- to three-point spread in the EUR/USD, for example, but spreads of seven pips or more. Factor four or more pips on every $1 million trade, and any potential gains resulting from a good investment are eaten away by commissions. This scam has quieted down over the last 10 years, but be careful of those offshore retail brokers who are not regulated by the CFTC, NFA or their nation of origin. These tendencies still exist and it's quite easy for firms to pack up and disappear with the money when confronted with actions. Many saw a jail cell for these computer manipulations. But the majority violators have historically been United States-based companies, not the offshore ones.
SEE: 5 Tips For Selecting A Forex Broker
Signaling the Scam
A popular modern-day scam is the signal seller. Signal sellers are people who may be a retail firm, pooled asset manager, managed account company or individual trader who promises to trade based on professional recommendations that will make anyone wealthy. They tout their long experience and trading abilities with backing by people who will practically testify in court on how great a trader and friend the person is, and the vast wealth that this person has earned for them. All the unsuspecting trader has to do is hand over X amount of dollars for the privilege of trade recommendations. Many of these people simply collect money from a certain amount of traders and disappear. Some will recommend a good trade now and then, to allow the signal money to perpetuate. While this new scam is slowly becoming a wider problem, many signal sellers are honest and perform trade functions as intended.
Scamming in Today's Market
A persistent scam, old and new, presents itself in some types of forex-developed trading systems. These people tout their system's ability to generate automatic trades that, even while you sleep, earn vast wealth. Today, the new terminology is "robot," because of the ability to work automatically. Either way, many of these systems have not been submitted and tested by an independent source for formal review. Examination factors must include the testing of a trading system's parameters and optimization codes. If the parameters and optimization codes are invalid, the system will generate random buy and sell signals. This will cause unsuspecting traders to do nothing more than gamble. Although tested systems exist on the market, potential forex traders should research the system they wish to implement into their trading strategy.
SEE: How To Place Orders With A Forex Broker
Other Factors to Consider
Traditionally, many trading systems have been quite costly. Just a few short years ago, $5,000 was not much to pay for a system. This can be viewed as a scam in itself. No trader should pay more than a few hundred dollars for a proper system. Be especially careful of system sellers that offer programs at exorbitant prices justified by guaranteeing phenomenal results. Although many crooks sell systems, there are plenty of sellers who are decent and legitimate and have systems that have been properly tested to potentially earn substantial income.
SEE: Is Your Forex Broker A Scam?
Another persistent problem is the commingling of funds. Without a record of segregated accounts, individuals cannot track the exact performance of their investments. As a result, many principles of retail firms are able to pay exorbitant salaries, buy houses, cars and planes or just disappear with a customer's money. The allure for some is too great to perform the proper roles and duties. Section 4D of the Commodity Futures Modernization Act of 2000 addressed the issue of segregation. This act introduced strong regulating towards segregated brokerage accounts, allowing clients to opt out of such investment strategies. What occurs in other nations is a separate issue.
Warning Signs
Other scams and warning signs exist when brokers won't allow the withdrawal of monies from investor accounts, or when problems exist within the trading station. Can you enter or exit a trade during an economic announcement that is not in line with expectations? If you can't withdraw money, warning signs should flash. If the trade station doesn't operate to your liquidity expectations, warning signs should again flash. An important factor to always consider when choosing a broker or a trading system to satisfy your personal goals is to be skeptical of promises or promotional material that guarantees a high level of performance.
Of the 193 cases filed with the NFA in 2008 for rules and law violations, 166 were settled within nine months, but only 23% received lost funds. Therefore, similar to the circumstances that present themselves in a Ponzi scheme, even when those who deliberately engage in forex scams are brought to justice, investor reimbursement is not guaranteed.
SEE: 10 Forex Misconceptions
The Bottom Line
To investigate your broker, the Background Affiliation Status Information Center system was introduced. Many of these changes have driven out the crooks, the unwanted and the old scams and legitimized the system for the many good firms. However, always be wary of new forex scams, as the temptation and allure of huge profits will always bring new and more sophisticated types to this market.
Hydrazin
JF-Expert Member
- Oct 3, 2015
- 253
- 372
Ok much thnks mkuu, but nina kasumba ya kukutana na MM tu, plz kama utaweza kunitajia yeyot unaemjua au unaexperience nae just help me.
habari wadau.. nataka nijiunge forex business. ila kuna article nimesoma nimekuwa muoga.. muoga.. naombeni mnitoe uoga isije hela zangu nikafaidisha wengine tu..
wikipedia imeandika hivi
Foreign exchange fraud
Foreign exchange fraud is any trading scheme used to defraud traders by convincing them that they can expect to gain a high profit by trading in the foreign exchange market. Currency trading became a common form of fraud early 2008, according to Michael Dunn of the U.S.Commodity Futures Trading Commission.[1]
The foreign exchange market is at best a zero–sum game,[2] meaning that whatever one trader gains, another loses. However, brokerage commissions and other transaction costs are subtracted from the results of all traders, making foreign exchange a negative-sum game.
US Government interventionsEdit
In August 2008, the CFTC set up a special task force to deal with growing foreign exchange fraud.[3] In January 2010, the CFTC proposed new rules limiting leverage to 10 to 1, based on " a number of improper practices" in the retail foreign exchange market, "among them solicitation fraud, a lack of transparency in the pricing and execution of transactions, unresponsiveness to customer complaints, and the targeting of unsophisticated, elderly, low net worth and other vulnerable individuals."[4]
In 2012, Christopher Ehrman, an SEC veteran, was selected to run the new SEC Office of the Whistleblower.[5]
Types of fraudEdit
Frauds might include churning of customer accounts for the purpose of generating commissions, selling software that is supposed to guide the customer to large profits,[6] improperly managed "managed accounts",[7] false advertising,[8] Ponzi schemes and outright fraud.[9][10] It also refers to any retail forex broker who indicates that trading foreign exchange is a low risk, high profit investment.[11]
Increase in fraud
Not beating the market
High leverage
Fraud by countryEdit
To aid with transparency, some regulatory authorities publish in to public domain the following: list of regulated companies/firms, warnings to regulated companies, cases opened against regulated companies, fines levied to regulated companies, revocation of companies license as well as general news announcements.
United KingdomEdit
The Financial Conduct Authority (FCA) website lists guides to aid with avoiding fraud/scams as well as public list of warnings recorded by the FCA.
The Cyprus Securities and Exchange Commission (CySEC) provides public access to information regarding the process for how to obtain a CIF authorisation as well as listed the current and past CySEC authorised companies.
Convicted scammers
See also
References
External links
kwa more details tusome wote
Foreign exchange fraud - Wikipedia
je hii ishu ya fraud wahamasishaji niiepuke vipi??
wikipedia imeandika hivi
Foreign exchange fraud
Foreign exchange fraud is any trading scheme used to defraud traders by convincing them that they can expect to gain a high profit by trading in the foreign exchange market. Currency trading became a common form of fraud early 2008, according to Michael Dunn of the U.S.Commodity Futures Trading Commission.[1]
The foreign exchange market is at best a zero–sum game,[2] meaning that whatever one trader gains, another loses. However, brokerage commissions and other transaction costs are subtracted from the results of all traders, making foreign exchange a negative-sum game.
US Government interventionsEdit
In August 2008, the CFTC set up a special task force to deal with growing foreign exchange fraud.[3] In January 2010, the CFTC proposed new rules limiting leverage to 10 to 1, based on " a number of improper practices" in the retail foreign exchange market, "among them solicitation fraud, a lack of transparency in the pricing and execution of transactions, unresponsiveness to customer complaints, and the targeting of unsophisticated, elderly, low net worth and other vulnerable individuals."[4]
In 2012, Christopher Ehrman, an SEC veteran, was selected to run the new SEC Office of the Whistleblower.[5]
Types of fraudEdit
Frauds might include churning of customer accounts for the purpose of generating commissions, selling software that is supposed to guide the customer to large profits,[6] improperly managed "managed accounts",[7] false advertising,[8] Ponzi schemes and outright fraud.[9][10] It also refers to any retail forex broker who indicates that trading foreign exchange is a low risk, high profit investment.[11]
Increase in fraud
Not beating the market
High leverage
Fraud by countryEdit
To aid with transparency, some regulatory authorities publish in to public domain the following: list of regulated companies/firms, warnings to regulated companies, cases opened against regulated companies, fines levied to regulated companies, revocation of companies license as well as general news announcements.
United KingdomEdit
The Financial Conduct Authority (FCA) website lists guides to aid with avoiding fraud/scams as well as public list of warnings recorded by the FCA.
- Official FCA Investment Firm Warning List
- Online guide on how to avoid scams[15]
- FCA Guide on how to report a scam[16]
- FCA Investment Scam support website[17]
- FCA News on Investment Firms[18]
The Cyprus Securities and Exchange Commission (CySEC) provides public access to information regarding the process for how to obtain a CIF authorisation as well as listed the current and past CySEC authorised companies.
- List of current 'Cyprus Investment Firms' (CIFs)[19]
- List of former Cyprus Investment Firms[20]
- List of issued CySEC Warnings[21]
- List of announced Board Decisions (including fines)[22]
Convicted scammers
See also
References
External links
kwa more details tusome wote
Foreign exchange fraud - Wikipedia
je hii ishu ya fraud wahamasishaji niiepuke vipi??
Ngondonyoni
Senior Member
- Feb 16, 2016
- 120
- 74
Kwa ufahamu Wangu for ex ni biashara halali. Matapeli na wajanja pia wapo. Ndiyo maana kabla ya kuoperate forex kwenye platform fulani ya for ex inatakiwa ufanye utafiti wa kina, Kwanza zinatoka wapi pia terms zao za leverage.. Uepuke Kabisa for ex platforms za Cyprus au Russia. Wengi sana ni scammers. Mimi natumia for ex platform ya Uingereza (IG), pia USA kawaida ni wazuri.
DA HUSTLA
JF-Expert Member
- Mar 5, 2012
- 3,805
- 4,107
We kama mimi yaan
mjuba101
Senior Member
- Oct 24, 2013
- 159
- 65
SHULE IMEANZA...
1. Gambling: is about playing with money, even when you know the odds are stacked against you.
2. Investing: is about minimizing risk and maximizing return, usually over a long time period (months or years).
3. Speculating: is about taking calculated financial risks to seek a profitable return, usually over a very short time horizon (minutes, hours, or days).
Currency Trading For Dummies by Brian Dolan
Duuh kweli pesa itawanunua wengi...Nikishaona watu wa design ya huyu unayemweka hapa naanza kujiuliza undani...Tell me your friends will tell your character...Birds of the same feathers....wazo la tatu
Nikiwa Pretoria nilipata bahati ya kusali kanisa la 1 kati ya manabii maarufu zaidi hapa duniani Shepherd Bushiri Major 1. Ukiachilia mbali kua ni nabii lkn yuko mbali sana sana kibiashara, hata kama wewe ni Islam utakinzana nae kiimani lkn atakumotivate nje ya imani ktk mambo ya biashara na Ujasiriamali.
Na kwa watu wanaohisi forex ni kamali au niseme gambling, hii ni tofauti kabisa. Ni kitu ambacho hata biblia imezungumzia, nilipata kua na uelewa mpana ktk hili baada ya kusoma kitabu cha Bushiri alivyoeleza kuhusu forex na kwa kiasi gani forex imempa utajiri mkubwa sana.Bushiri ni huyu wa kati.
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