Fake Account Managers
If you come here, presumably, you have been the victim of a trading scammer. Perhaps you are keeping cash with one of the Fake Account Managers established on the web. You are in the right place since you will see how to distinguish a cheater, before throwing your investment funds out the window, by reading this publication. As you probably know, Traders Cult (Educational Trades brand) has been working on trading market for the past few years.
So, we must always be simple; with online trading, you lose and acquire, it is doubtful that this will happen. Indeed our signals have a high-profit rate, but we are frank straight away, some misfortunes happen.
Premise
They are available on the net every day; many new Fake Account managers open Facebook, Telegram, or Twitter, representing the elite motivation behind receiving cash. Regardless of whether it is only $ 10, they will make a valiant effort to take it. A few, the most stupid, guarantee stratospheric profits with immaterial speculations. Others, somewhat wiser and more patient, try to adapt to the genuine possibilities of the market. In any case, and still, at the end of the day, you can undoubtedly recognize who gets the cash. However, the essential thing to note is that these people often don’t think about trading. So we think that asking direct questions can be helpful. Take a look at the post to find out why.
Identify Fake Account Managers
It’s simple, trust me! There are some eccentricities that a Fake Account scammer tends to employ. Profile and log images are the primary alarm for your examination. A cheater frequently uses photos that arouse confidence or finesse. In the profile of a scammer, you will discover these types of photographs, as a general rule:
- Pictures of people with disabilities
- Images with creatures (puppies, dogs, cats, horses, etc.)
- Photograph of a happy family, continuously smiling.
- Photos of their success (Villas, wacky vehicles, Rolex, etc.)
Furthermore, these peoples express themselves extremely strict. They thank God (which one is not relevant) for constantly helping them.
Fake Account Managers Details
This routine is somewhat applicable. Please pay close attention to the starting point of Fake Account Managers profiles. You will find out why later on; however, it can significantly affect if a scammer comes from the United States or South Africa. So remember their nation of origin (typically fake). It is imperative to remember the name of the profile as well.
What Fake Account Managers Promise
High and fast profits. It is self-evident. A scammer guarantees such a simple profit that it is difficult to trust him. Usually, they ask to pay the business and then take care of you, sending your benefits towards the end of each week. To understand the genuine expectations of a scammer, we suggest some basic questions. Ask him/her detailed explanations about the strategy he/she intend to use.
Ok, let’s stop for a moment. Did you see well? This Fake Account Manager is offering us a 1000% profit and already at this point you have to get suspicious. It is good to be honest, if you believe you can make huge profits you do not have the trader mentality. Having a daily profit of 5 or 10% is already a great result. Obviously a lot depends on the amount invested, but the goal of a professional trader is to accumulate the gain gradually and not make a fortune in one day. Always remember this. If your goal is big and fast earnings, well, try roulette or the lottery, even if you will lose a lot more in that way, than doing serious trading.
Ask Some Questions to the Fake Account Manager
In which Broker would you like to invest resources?
He/She will respond that will put resources on Forex (Or stock, or Binary Options) using one of the first brokers found on Google or, perhaps, will ask you to enter them in your existing account. In the main case, find out what the brokers’s name is. In the following case, we suggest you to make a cheating account on any trading platform.
What trading strategies do you use?
Most likely, he will not have an answer for you. On the other hand, he will respond to something he finds online, something like support and resistances or minimum and maximum. The scammer will undoubtedly repeat over and over again that his system is safe, sharing with you some fake screenshots of not probable stats.
Do you take charges for your work?
We are pretty sure the Fake Account Manager will answer that he will not take charges or fees for the service. Generally, an authoritative account supervisor takes a weekly benefit rate. However, these scammers, who do not know the trading world, will probably not need anything accordingly. They will say that they are your heavenly messengers of salvation.
What about payment methods?
We suggest requesting the payment methods used by the Fake Account manager. It is significant because, through it, you can catch the thief, as you will find later in this article. To help you, we can say that he will certainly not accept the bank transfer payments, but you will find below a some methods that he will use:
- Skrill
- Neteller
- Payza
- Paxum
- E-Payments
- Bitcoin
It is problematic for the cheater to use PayPal. The main effort the scammer makes is to persuade you to pay in Bitcoin, since Bitcoins are not traceable, so he will have a simple game. You don’t have to accept absolutely. Get him to use Skrill, for example. He is forced to accept it, otherwise he will not be able to get your cash. You will find out why.
Catch a Fake Account Manager
This one is the best part of the game. Since you have professed to be a fool and the scammer is convinced that you are a fool, you should apply for these simple steps:
Broker and Country of origin of the Fake Account Manager
These two characteristics are connected. Let the scammer reveal to you which trading company he uses and verify the country of origin of the claimed scammer (you can find out on his Facebook profile, for example). At that time, visit the broker’s site and check which Countries are allowed to trade. Fake account managers regularly show the United States as a nation of origin, but not always. This is an alert because, in the United States, the majority of brokers are forbidden. Then you understand that the scammer is lying, either about his character or just about his goals. If the scammer requests that you take care of his registration (and you have chosen to open a cheating account), please continue.
Payment method and profile name
Hopefully, you’ve chosen Skrill’s payment strategy. Remember the name that appears on the scammer’s profile (Facebook, Twitter, etc.) and then log into your Skrill. The Fake account manager gave the email address to obtain the amount, so send only 20 cents (or the base amount allowed) to the scammer. To have the option to withdraw, the scammer must register the Skrill account with a genuinely existing person. You have now sent cash so that you will receive a receipt with the actual receiver name. While the cheater waits for a change of hundreds (or thousands) of dollars, he will get a ridiculous amount. In any case, you have a discovered the trading scammer than helping yourself and many other people.
Why do I have to do this?
It is valid, and it will burn 20 cents. Be that as it may, what you do is valuable in tackling this scourge. With the proof at your fingertips, you can report the fake Facebook profile and the Skrill account of the beneficiary, hence the jurisdiction. If everyone does like you, we could definitely defeat the scammers.
Final Thought
Internet sharing is a troubled world, yet it must be practical. Experts consider that a daily profit of 5% is a fantastic profit, so it is the trader’s significant duty not to fall into the trap of a colossal and straightforward increase. Positively, there are days when the benefits are high, but there are days when you will experience misfortune. A trader’s objective is to measure profit on a month-to-month, annual, or even five-year basis. The only arrangement is to deal with your feelings and show restraint, gradually reaping benefits. You must recognize that a profit of 5% day-to-day implies 100% month-to-month, so in a $ 1,000 investment, your profit is an additional $ 1,000 in a month. Is it so terrible?
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