WhatsApp Trading Scams for 2024
We found 11 online brokers that are appropriate for Trading WhatsApp Platforms.
WhatsApp Trading Scams Guide
Analysis by Andrew Blumer, Updated and fact checked by Senad Karaahmetovic, Last updated - May 11, 2024
WhatsApp Trading Scams
WhatsApp trading scams involve fraudsters using the popular messaging app to deceive individuals into making investments in fake or non-existent financial opportunities. These scams often promise high returns with minimal risk, enticing victims to invest their money. The scammers typically impersonate successful traders or financial advisors, claiming to have insider knowledge or special strategies to guarantee profits.
What are WhatsApp Trading Scams
WhatsApp trading scams involve fraudsters using the messaging app to deceive individuals into making investments in fake or non-existent financial opportunities. These scams often promise high returns with minimal risk, enticing victims to invest their money. The scammers typically impersonate successful traders or financial advisors, claiming to have insider knowledge or special strategies to guarantee profits. Here are some common tactics used in WhatsApp trading scams:
- Pump-and-Dump Schemes: Fraudsters artificially inflate the price of a stock or cryptocurrency by sharing false information or rumors through WhatsApp groups. When the price goes up, they sell off their holdings, causing the price to crash and leaving investors with huge losses.
- Phishing: Scammers send messages with links to fake trading platforms or investment websites. Unsuspecting victims are tricked into providing their personal and financial information, which the scammers then use for identity theft or unauthorized transactions.
- Ponzi Schemes: Early investors are paid returns using funds from new investors rather than from legitimate profits. As more investors join, the scheme becomes unsustainable, and eventually, it collapses, leaving most participants with losses.
By understanding these tactics, you can be more vigilant and protect yourself from falling victim to WhatsApp trading scams.
Identifying WhatsApp Trading Scams
Identifying WhatsApp trading scams requires vigilance and skepticism towards unsolicited investment opportunities received through the app. Here are some key indicators to watch for:
Unsolicited Offers: Don't be swayed by unsolicited messages from strangers offering investment opportunities. Legitimate investment opportunities typically come from reputable sources and are not solicited through cold calls or messages.
High Returns with Low Risk: Don't be swayed by promises of high returns with little or no risk. All investments carry some level of risk, and offers that sound too good to be true often are.
Pressure to Act Quickly: Scammers may try to create a sense of urgency by pressuring you to invest quickly before the opportunity disappears. Take your time to research and verify the investment before making any decisions.
Lack of Information: Real investment opportunities offer detailed information about the investment, including the risks involved, the investment strategy, and the credentials of the individuals or companies behind it. Be cautious of vague or incomplete information.
Requests for Personal Information: Avoid sharing personal or financial information with unknown parties, especially over messaging apps like WhatsApp. Scammers may use this information for identity theft or unauthorized transactions.
Lack of Regulation: Verify that the investment opportunity and the individuals or companies offering it are regulated by relevant financial authorities. Legitimate investment opportunities are typically offered by licensed professionals or regulated entities.
Phishing Attempts: Watch out for phishing attempts disguised as investment opportunities. Be cautious of messages containing links to suspicious websites or requesting login credentials or other sensitive information.
How to Avoid WhatsApp Trading Scams
To avoid falling victim to WhatsApp trading scams, individuals should prioritize these steps:
- Be Skeptical of Unsolicited Offers: Don't be swayed by unsolicited messages promoting investment opportunities. Legitimate investments come from reputable sources, not cold messages.
- Research and Verify: Always thoroughly research any investment opportunity. Verify the legitimacy of the person or company behind it. Don't rely solely on information received through WhatsApp.
- Protect Your Information: Never share personal or financial information with unknown parties, especially over WhatsApp. Scammers can use this information for identity theft or unauthorized transactions.
- Use Regulated Platforms: Invest through regulated platforms and seek advice from licensed financial professionals before making any investment decisions.
Additional Tips To Spot What App Investment Scams:
- Beware of Urgency: Scammers often create a sense of urgency to pressure you into quick decisions. Take your time to research and understand the investment before committing.
- Avoid Unrealistic Promises: Investments with high returns and minimal risk are likely scams.
- Report Suspicious Activity: If you receive a suspicious message, report it to WhatsApp and block the sender.
By following these tips and maintaining a healthy dose of skepticism, you can significantly reduce the risk of falling victim to WhatsApp trading scams.
WhatsApp Trading Scam Example
A Forex trader identifying himself as Jonathan was exposed for selling a sham service on social media. He disguised himself as a wealthy young influencer, claiming to have made a fortune in currency trading. Jonathan showcased a lavish lifestyle, including giving away money on the street. However, this was all a ploy to lure victims.
He used WhatsApp messages to offer to trade on clients' behalf, supposedly following FCA regulations in the UK. He promised clients the ability to withdraw funds at any time. The BBC documented the story as a cautionary tale, revealing how Jonathan's victims lost significant investments – in some cases, over £17,000 reduced to just £48.
WhatsApp Trading Scams Key Warning
- Be Wary of Unsolicited Contact: If a brokerage house contacts you on WhatsApp, proceed with caution. Verify their legitimacy through trusted sources and reviews before responding. Don't assume unsolicited contact is legitimate.
- Aggressive Tactics: Scammers often use aggressive methods. They may pressure you to invest and disregard requests to stop contacting you.
- Unrealistic Promises: Scammers promise exaggerated returns on small investments, often guaranteeing them. Remember, markets are unpredictable, and returns cannot be guaranteed.
- Unclear Terms: Scammers often use complicated and confusing risk disclosures and terms of service. These may downplay potential downsides or make them difficult to understand.
WhatsApp Trading Scams in Cryptocurrency
Cryptocurrency scams are on the rise. Scammers leverage WhatsApp and other social media platforms to trick people into sending money for cryptocurrency investments. Once the payment is made, the money disappears.
Even if you avoid scams, it's important to understand that the cryptocurrency market is highly volatile and unpredictable. It's not well-regulated, so there's limited legal recourse if things go wrong.
WhatsApp Trading Scams Verdict
WhatsApp, a widely used messaging platform, has unfortunately become a breeding ground for scams. These scams, particularly those involving fake investment opportunities, have caused many to lose money.
Key takeaway: Be wary of unsolicited investment offers on WhatsApp, even if they seem to come from friends or family. Verify information, avoid sharing personal details, and consider voice calls for confirmation before engaging.
We have conducted extensive research and analysis on over multiple data points on WhatsApp Trading Scams to present you with a comprehensive guide that can help you find the most suitable WhatsApp Trading Scams. Below we shortlist what we think are the best WhatsApp Trading Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching WhatsApp Trading Scams.
Reputable WhatsApp Trading Scams Checklist
Selecting a reliable and reputable online WhatsApp Trading Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade WhatsApp Trading Platforms more confidently.
Selecting the right online WhatsApp Trading Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen WhatsApp Trading Platforms broker has a solid track record of at least two years in the industry.
- Verify that the WhatsApp Trading Platforms broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the WhatsApp Trading Platforms broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the WhatsApp Trading Platforms broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for WhatsApp Trading Platforms brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the WhatsApp Trading Platforms broker can hire staff from diverse locations worldwide who can communicate fluently in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Compare Key Features of WhatsApp Trading Platforms in Our Brokerage Comparison Table
When choosing a broker for WhatsApp Trading Platforms trading, it's essential to compare the different options available to you. Our WhatsApp Trading Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
- Minimum deposit requirement for opening an account with each WhatsApp Trading Platforms broker.
- The funding methods available for WhatsApp Trading Platforms with each broker.
- The types of instruments you can trade with each WhatsApp Trading Platforms broker, such as forex, stocks, commodities, and indices.
- The trading platforms each WhatsApp Trading Platforms broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each WhatsApp Trading Platforms broker affects the cost of trading.
- The level of customer support each WhatsApp Trading Platforms broker offers, including their availability, responsiveness, and quality of service.
- Whether each WhatsApp Trading Platforms broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a WhatsApp Trading Platforms broker that best suits your needs and preferences for WhatsApp Trading Platforms. Our WhatsApp Trading Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 WhatsApp Trading Platforms of 2024 compared
Here are the top WhatsApp Trading Platforms.
Compare WhatsApp Trading Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a WhatsApp Trading Platforms broker, it's crucial to compare several factors to choose the right one for your WhatsApp Trading Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are WhatsApp Trading Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more WhatsApp Trading Platforms that accept WhatsApp Trading Platforms clients.
| Broker |
IC Markets
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Roboforex
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eToro
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XTB
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
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| Rating | |||||||||||
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
| Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 100 | 1 | 100 |
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| Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
| Benefits |
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| Accounts |
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| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
| Support |
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| Learn More |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with xm |
Sign
Up with pepperstone |
Sign
Up with avatrade |
Sign
Up with fpmarkets |
Sign
Up with easymarkets |
Sign
Up with spreadex |
Sign
Up with fxpro |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
| Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
All WhatsApp Trading Platforms in more detail
You can compare WhatsApp Trading Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top WhatsApp Trading Platforms for 2024 article further below. You can see it now by clicking here
We have listed top WhatsApp Trading Platforms below.
WhatsApp Trading Scams Table of Contents
- WhatsApp Trading Scams Explained
- 6 Factors to Consider when Choosing WhatsApp Trading Scams
- Are Your WhatsApp Trading Scams Trusted And Established?
- Are The WhatsApp Trading Scams World Leading?
- What are the WhatsApp Trading Scams Commissions and Fees?
- What are the WhatsApp Trading Scams Funding and Withdrawl Methods?
- Find WhatsApp Trading Scams with Round-the-clock support?
- Make sure the WhatsApp Trading Scams Offer Comprehensive Trader resources?
- Why WhatsApp Trading Scams needs to be regulated?
- WhatsApp Trading Scams FAQ
- What are the best WhatsApp Trading Platforms brokers?
- What is the best WhatsApp Trading Platform broker?
- Related WhatsApp Trading Scams Reviews
- Related WhatsApp Trading Scams Alternatives
- Related WhatsApp Trading Scams Comparisons
WhatsApp Trading Scams Explained
Trading volatile financial markets with WhatsApp Trading Scams can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by WhatsApp Trading Scams to ensure a successful trading experience.
Selecting WhatsApp Trading Scams at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile WhatsApp Trading Scams markets effectively.
Reliability is key to gaining access to financial markets. Look for WhatsApp Trading Scams that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with WhatsApp Trading Scams confidently.
6 Factors to Consider when Choosing WhatsApp Trading Scams
Follow these five rules for selecting WhatsApp Trading Scams that are right for you:
Are Your WhatsApp Trading Scams Trusted And Established?
Search for a reputable WhatsApp Trading Scams with a extensive proven track record for WhatsApp Trading Scams, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated WhatsApp Trading Scams broker is IC Markets. Established in 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is Roboforex.
Roboforex was established 2009, and in operation for 9 years Roboforex have a head office in Belize.
Roboforex is regulated. This means Roboforex are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
IC Markets
|
Roboforex
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eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2009 | 2007 | 2002 | 2009 | 2010 | 2006 | 2005 |
| Head Office | Australia | Belize | Cyprus, UK | Poland | Cyprus | Australia | Ireland | Australia |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) |
| Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | No | No | No |
| Learn More | Visit IC Markets | Visit Roboforex | Visit eToro | Visit XTB | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits |
Are The WhatsApp Trading Scams World Leading?
Opt for WhatsApp Trading Scams that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for WhatsApp Trading Scams is Roboforex. Roboforex Segregates clients funds and offers over 100 instruments.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2250 | 100 | 5000 | 5600 | 1000 | 1200 | 1250 | 290 |
| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MG, MK, MO, UA, JO, KR, | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ |
| Forex pairs offered | 61 | 35 | 50 | 57 | 55 | 70 | 55 | 70 |
| Forex pairs offered | 61 | 35 | 50 | 57 | 55 | 70 | 55 | 70 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | No | Yes | No | No | Yes | Yes | Yes |
| Commodities Offered | 20 | 21 | 31 | 21 | 15 | 16 | 17 | 18 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | No | Yes | Yes | No | Yes | Yes | Yes |
| Stocks Offered | 2100 | 0 | 2042 | 1696 | 160 | 1100 | 1000 | 10000 |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
What are the WhatsApp Trading Scams Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated WhatsApp Trading Scams broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated WhatsApp Trading Scams broker Roboforex offers Forex, CFDs. Roboforex minimum deposit is 10. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
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Roboforex
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eToro
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XTB
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XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 10 | 100 | 0 | 5 | 200 | 100 | 100 |
| Withdrawl Fees | No | Yes | Yes | varies | No | No | No | No |
| Inactivity Fees | No | No | Yes | Yes | Yes | No | No | No |
| Deposit Fees | Varies | No | No | No | No | No | No | Yes |
| CFD Commission Fees | Yes | No | Yes | Yes | No | Yes | No | Yes |
What are the WhatsApp Trading Scams Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with WhatsApp Trading Scams. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with WhatsApp Trading Scams.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | No | Yes | Yes | No | Yes | Yes | Yes |
| Skrill | Yes | No | Yes | Yes | No | Yes | No | Yes |
| Payoneer | No | Yes | No | Yes | No | Yes | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Find WhatsApp Trading Scams with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with WhatsApp Trading Scams.
WhatsApp Trading Scams customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by WhatsApp Trading Scams can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Roboforex support a wide range of languages including English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian
IC Markets and Roboforex offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
|---|---|---|---|---|---|---|---|---|
| Support |
|
|
|
|
|
|
|
|
| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, Arabic, Indonesian, Italian, Spanish, French, Russian, Chinese, Japanese, German, Portuguese, Thai, French, Malay, Greek, Vietnamese, Romanian, Turkish, Slovenian, Dutch, Polish, Finnish, Norwegian, Swedish, Serbian, Lithuanian, Hungarian, Galician, Estonian, Danish, Czech, Croatian, Bulgarian, Basque |
| Learn More | Visit IC Markets | Visit Roboforex | Visit eToro | Visit XTB | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits |
Make sure the WhatsApp Trading Scams Offer Comprehensive Trader resources?
It's important to ensure your WhatsApp Trading Scams provide complimentary resources such as analysis, education, and risk management tools. IC Markets and Roboforex collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with WhatsApp Trading Scams. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with WhatsApp Trading Scams.
Why WhatsApp Trading Scams needs to be regulated?
Regulated WhatsApp Trading Scams lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated WhatsApp Trading Scams.
Consumers are protected by WhatsApp Trading Scams regulation, critical to preventing inadequate services and potential financial harm.
Regulation of WhatsApp Trading Scams is necessary to prevent fraud. The WhatsApp Trading Scams working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with WhatsApp Trading Scams is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
WhatsApp Trading Scams List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, AndroidCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, TradingView, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Learn more
Losses can exceed deposits
Losses can exceed deposits