Instead of hoping for a day when these fraudsters are brought to heel, you can learn to spot them from the crowd. The worst of them won’t even be obvious, and companies like Libertex should be avoided. Let’s start with some background, shall we?
The first sign of an unscrupulous broker is in the basic structure of the company. An honest broker will keep their structure simple so that potential clients can understand and regulators can monitor. In case you’re wondering, is Libertex regulated, then the answer is it depends. Yet it’s how the company is structured, though, that should give you pause.