HFM information and reviews
HFM
96%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
89%
FBS information and reviews
FBS
88%
XM information and reviews
XM
86%
Exness information and reviews
Exness
86%

Guide to Account Security: Safeguarding Against and Addressing Scams


Feng Zhou   Written by Feng Zhou

At forex-ratings.com, your security is of paramount importance to us. Our mission is to offer you a digital environment where you can invest, trade, and communicate confidently, knowing your assets and data are protected. However, the very essence of the digital world means that vigilance is always required. To equip you with the tools and knowledge to fend off potential online threats, we present this comprehensive guide. Should you ever doubt the authenticity of a message or activity linked to a broker, we urge you to reach out immediately.

Recognizing Common Online Threats and Phishing Techniques

“Phishing” is a deceptive technique employed by cybercriminals to extract personal information by masquerading as a reputable entity. This can be executed through counterfeit websites, misleading emails, hoax phone calls, or even deceptive SMS messages. By obtaining this personal data, cybercriminals aim to illicitly access funds and other resources. The analogy stems from the method of “fishing” for information, with "ph" from "password".

Tragically, the world of online trading and investments isn't insulated from such malicious actions. For instance, a €30 million scam in May 2021 saw culprits craft fake yet polished online trading platforms, seducing unsuspecting victims via social media ads and search engines. Posing as expert brokers, they manipulated victims using fraudulent call centers and rigged software.

Always double-check to ensure you're interacting with the official platform and our legitimate team members.

Hallmarks of a Phishing Attempt

While many brokers have a genuine WhatsApp business profile for client communication, rest assured we'll never solicit sensitive data, including personal and account details, or security codes, through WhatsApp. We also won't approach you via third-party platforms. Always be wary of unsolicited requests and ensure you're speaking with an authorized broker's representative.

Protecting Your Personal Information Genuine agents will:

On the flip side, a broker's personnel will never:

Strengthening Your Account Security To bolster your account's defenses, it's advised to:

Public Computer Use: If you're accessing a platform from a public device:

In conclusion, while a broker is committed to providing a secure trading platform, your proactive measures play a pivotal role in ensuring robust account security. Always remain vigilant, and when in doubt, reach out to our dedicated team.


RELATED

Invaluable Tips on How to Choose the Best Forex Broker for Beginners in 2022

Why do people want to start trading foreign currencies on the global market that is commonly known as Forex? Some are tired of their mundane jobs where they get paid peanuts...

How to stop qwertying your way to hackers: 5 internet security tips from OctaFX

Who will you blame if you wake up one day without a job and with no money on your bank card? Yourself. That is if you don't follow internet security tips. The global broker OctaFX outlines the main do's and dont's of staying safe online.

Best Online Forex Trading Tips for Beginners

As a forex trader you must have come across lots of information about trading forex. One of the biggest challenges is finding the right information for you...

How to trade stocks and CFDs on stocks

We continue our series of articles on choosing a trading instrument. This time you will learn what CFDs on stocks are, how to trade them and how...

How Does Christmas Affect the Stock Market?

It’s this time of the year where businesses and individuals begin to power down and ready themselves for the arrival of Santa and his reindeer. However, many traders continue...

The Ultimate Guide To Stock Investing For Complete Beginners

There`s hardly a single person today who has heard about the passive income that investing can consistently bring in. There are many examples: from the great financiers...

What is Algorithmic Trading?

Algorithmic trading (also called automated trading, black-box trading, or algo-trading) uses a computer program that follows an algorithm (a defined set of instructions) to place a trade...

Trade Silver Online: A Complete Guide for Beginners

To start with, what is silver trading? Traders have highly valued silver for many years now. The metal has various usages including jewellery or as a form of currency....

Choosing the Right Financial Instrument to Trade

For any trader about to enter the markets, a crucial part of the process is deciding on a suitable financial instrument to trade on. Choosing the right market can help...

What is spread in Forex?

Spread is one of the main conditions for trading and investing in Forex. You should know what Forex spread is if you want to trade in the foreign exchange market...

Can you be a successful forex trader?

Whatever we do in life, success is not guaranteed. The only thing that matters is our performance. The same may be said for trading in the Forex markets...

What Is A Blockchain Bridge?

Today, Bitcoin and other cryptocurrencies dominate the discussion in finance and on Wall Street, but what makes these emerging assets so valuable is the blockchain...

Mastering Gold CFD Trading: Your Comprehensive Guide

Few assets hold the allure of gold. It serves various roles – a hedge against inflation, economic fragility, or a counter to the US dollar's influence. Regardless of its driving force...

Understanding Signal Providers and Forex Trading Signals

In the vast realm of forex trading, a 'signal' serves as a beacon, pointing traders towards potentially profitable trade opportunities. A signal provider is akin to a lighthouse keeper...

The Art of Money Management

Beginner traders usually consider money management to be some dull paperwork; outwitting and conquering the market for a short-term profit seems much...

Ten Most Valuable Currencies in the World

The United Nations recognizes 180 currencies in the world as legal tender. But while currencies such as the US dollar and the euro are popular and widely used, they do not hold the highest values...

Cryptocurrency Trading for Beginners: Best Strategies and Patterns

Today, there are almost 19 thousand cryptocurrencies in the world. On the one hand, this is a huge opportunity! For comparison, only a few thousand companies...

Fundamental Analysis: A Beginner's Guide

Different methods are employed by investors and traders to anticipate the fluctuations in the prices of stocks, currencies, and other financial instruments...

What is a Good Profit Margin in Trading?

Profit margin measures the earnings relative to the revenue. The three main margin metrics are gross profit margin, operating profit margin, and net profit margin...

What is a broker & what does it do?

The term "broker" is used in various spheres, such as in real estate, insurance, mortgage, etc. However, we mostly hear this word when talking about...

FP Markets information and reviews
FP Markets
81%
IronFX information and reviews
IronFX
77%
AMarkets information and reviews
AMarkets
76%
Just2Trade information and reviews
Just2Trade
76%
FXNovus information and reviews
FXNovus
75%
T4Trade information and reviews
T4Trade
75%

© 2006-2025 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.