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Topic: Is it safe to trade through a Broker - page 2. (Read 1456 times)

full member
Activity: 420
Merit: 100
August 10, 2018, 12:32:48 PM
#87
Yes, I think it is good because the option is best in this term is Brokers are doing this business with the good and expertise that have good skill and experience and they make your profit in behalf of their experience and knowledge that you don,t have, So I think it is the good option.
full member
Activity: 696
Merit: 100
August 10, 2018, 08:32:16 AM
#86
Hi community,

A broker contact me online and asked me whether I am interested in trading online. He will manage my account and put his knowledge to make me profit but in return I have to send me 25% of profit that he made.

He suggested me to activate 2FA. and provide him username + password of exchange (for example bitfinex). Due to 2 factor authentication (2FA) he will not be able to withdraw fund he will be able to place buy/sell orders only.

Please share guys what is your opinion, It is same to play like this? or Is there any trick of capturing fund behind this scheme?


First of all there are many scammers or hackers in cryptocurrency community and we really need to be sure and safe always on our assets. I really do not think that it is a good idea to do what this broker says. He could be a hacker or something, just don`t trust that easily, specially if you do not met him in person.
full member
Activity: 560
Merit: 100
BBOD Zero-Fee Exchange
August 10, 2018, 06:05:59 AM
#85
do not! I think he tried to deceive you, there are many scammers hanging around, no one can be trusted in Crypto. They are just a shadow. Don't give anything about your privacy (password or private key) to strangers. It must be a scammer.
full member
Activity: 756
Merit: 102
August 09, 2018, 07:11:55 PM
#84
yes it is safe to trade with a broker as long as you know the broker personally ( i.e that broker is your friend , neighbor , workmate , etc ) but if that broker is not really related to you or it is just a random guy on the internet , then chances are you are going to get scammed by them later on . so if i were you , why cant you just trade on your own ? even if you are lacking of skills in trading , it is ok because you can still learn from your mistakes if ever you get loose and the best part is that you are verry safe from scams .
hero member
Activity: 1358
Merit: 513
August 09, 2018, 07:01:00 PM
#83
In my opinion, that's a scam straight up and I hope that people targeted by those types of messages consult with other before they provide them with the most important details because this just sounds too good to be true, and when that happens its a big, big scam.
full member
Activity: 812
Merit: 100
August 09, 2018, 06:20:29 PM
#82
Hi community,

A broker contact me online and asked me whether I am interested in trading online. He will manage my account and put his knowledge to make me profit but in return I have to send me 25% of profit that he made.

He suggested me to activate 2FA. and provide him username + password of exchange (for example bitfinex). Due to 2 factor authentication (2FA) he will not be able to withdraw fund he will be able to place buy/sell orders only.

Please share guys what is your opinion, It is same to play like this? or Is there any trick of capturing fund behind this scheme?


Is not totally safe to trade through a broker because it will possible to loss your fund instead to earn it will be gone. Why not to trade in your own that don't need any broker it's more safe for you and to fund you have.
full member
Activity: 602
Merit: 118
August 09, 2018, 06:12:55 PM
#81
If an unknown person suddenly offers small investments with the promise of huge profits, then it can be ascertained that the person is a cheater. Logically the level of profits derived from investments will be directly proportional to the capital invested.
For those of you who have already plunged into the world of investment, you must be familiar with Ponzi schemes. One of these insane fraud methods has successfully deceived thousands of people from all over the world. Ponzi scheme is a dumb investment scheme to enrich top management or investment leaders.
My advice, even though the benefits they offer are very tempting, you should close your communication with that brokers, do not need to resume because we are worried, you will be spoiled by their sweet promise so that it will make you enter into their trap.
full member
Activity: 406
Merit: 100
▰▰▰ MODULE ▰▰
August 09, 2018, 05:53:09 PM
#80
Hi community,

A broker contact me online and asked me whether I am interested in trading online. He will manage my account and put his knowledge to make me profit but in return I have to send me 25% of profit that he made.

He suggested me to activate 2FA. and provide him username + password of exchange (for example bitfinex). Due to 2 factor authentication (2FA) he will not be able to withdraw fund he will be able to place buy/sell orders only.

Please share guys what is your opinion, It is same to play like this? or Is there any trick of capturing fund behind this scheme?



actualy i dont have much experience,about trading in broker,but much gossip and news and according also my own analization this is not good,because you trusted your capital or your asset into the person thats you didnt know the real profile information,therefore in other words you trust a scammer or phisher to take over your asset,thats i i conclude thats if you not know how to transact an exchange or making trading you ask mr .google to teach you and educate you how to trade,or maybe your friends thats you trusted so much,and not those person you dont know and ask to become a broker.
full member
Activity: 627
Merit: 103
August 09, 2018, 05:30:23 PM
#79
Maybe that person recently got a trick how to hack 2FA or something like that  Grin I am kidding, But my suggestion will be the same. Do not go for a deal with a random people through telegram. Almost every first knocker in telegram with offers is a scam. Some people are very talented to manipulate people's mind. so, I think you should report spam for their profile and do not trust in any kinds of the offer. Better learn hard and go hard to make a successful life in trading. Don't depend on others strategy, make owns.
jr. member
Activity: 278
Merit: 1
August 09, 2018, 05:03:27 PM
#78
first of all the 25% is a high rate to be given to a broker, if he himself is very experienced than he could manage his money and make the profits himself where you would have contacted him not the otherwise.
jr. member
Activity: 126
Merit: 1
August 09, 2018, 04:22:05 PM
#77
A broker contacted you to trade for you and not the other way round. Well what i will say to you is that hackers and scammers are o the lose looking for who to reck. Don't ever give them a chance to succeed. Why will he contact you, just out of the blue. Though he might have a genuine intention but who knows. I say here that the odds are 50 - 50 and you not need to find out unless yo have a death wish. So i say scram and don't look back no matter how mouth watering his offers might be.
legendary
Activity: 1834
Merit: 1036
August 09, 2018, 03:13:30 PM
#76
A broker contact me online and asked me whether I am interested in trading online. He will manage my account and put his knowledge to make me profit but in return I have to send me 25% of profit that he made.
Lets put it this way, would you entrust your hard earned money lets say $50,000 USD to a random person who knocked to your door out from no where offering you an investment scheme that promises 25% profit? If this guy is well known, and has established reputation in trading maybe I will have my second thoughts, but if not, I wouldn't even entertain the idea.
hero member
Activity: 966
Merit: 513
August 09, 2018, 02:45:15 PM
#75
Every trading site asks you to have the trade on exchange sites with the trading fees on it.
Please go with the any trading instead of real time trading with the local trading brokers who is trying to pull the people to them.

I want to invest on the trading means I would go with the binance, bitrex, bifinex and etherdelta.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
August 09, 2018, 01:12:38 PM
#74
Hi community,

A broker contact me online and asked me whether I am interested in trading online. He will manage my account and put his knowledge to make me profit but in return I have to send me 25% of profit that he made.

He suggested me to activate 2FA. and provide him username + password of exchange (for example bitfinex). Due to 2 factor authentication (2FA) he will not be able to withdraw fund he will be able to place buy/sell orders only.

Please share guys what is your opinion, It is same to play like this? or Is there any trick of capturing fund behind this scheme?


Well that's very intriguing as if any person is making money then why would they contact anyone else that they can make the other person also some money only they have to do a few things and that's it. So it is definitely a scam attempt and if i were you then I wouldn't have been fallen for it.
newbie
Activity: 252
Merit: 0
August 09, 2018, 01:00:32 PM
#73
Hi community,

A broker contact me online and asked me whether I am interested in trading online. He will manage my account and put his knowledge to make me profit but in return I have to send me 25% of profit that he made.

He suggested me to activate 2FA. and provide him username + password of exchange (for example bitfinex). Due to 2 factor authentication (2FA) he will not be able to withdraw fund he will be able to place buy/sell orders only.

Please share guys what is your opinion, It is same to play like this? or Is there any trick of capturing fund behind this scheme?


Your money is safe if you have full control over it. So it's a BIG NO-NO to entrust your hard-earned money to brokers, who promises to make it grow for you. It's like you are allowing them to fry you in your own lard. They actually make huge bucks out of your own money, much more huge than the profitability that they promise you. What they will give you is just a tip. And what makes you think that they will really succeed in making your money grow? What if they lose, so what's the deal now? For sure, they will refuse to fulfill what was agreed upon earlier, and the worst scenario is if they ran with your money. Just come to think of it! If they can make your money grow for you, then why can't you for yourself, right? All it takes is the guts. Just trust yourself.
newbie
Activity: 126
Merit: 0
August 09, 2018, 12:31:12 PM
#72
safe not safe trading on the broker will not be maximal because your results will be directly cut by the broker.
sr. member
Activity: 644
Merit: 263
August 09, 2018, 12:25:23 PM
#71
A broker would be my last option and that too in my dreams mate!

I don’t think he is real broker and as everyone is suggesting it is the big scam for sure. In my career of crypto currencies and until now I have never seen anything like this or no broker or person called me regarding this matter. This reminds me of movie wolf of Wall Street where those shitty brokers looted every dumb ass who believed in them. Just stay away.
sr. member
Activity: 574
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
August 09, 2018, 12:15:25 PM
#70
Hi community,

A broker contact me online and asked me whether I am interested in trading online. He will manage my account and put his knowledge to make me profit but in return I have to send me 25% of profit that he made.

He suggested me to activate 2FA. and provide him username + password of exchange (for example bitfinex). Due to 2 factor authentication (2FA) he will not be able to withdraw fund he will be able to place buy/sell orders only.

Please share guys what is your opinion, It is same to play like this? or Is there any trick of capturing fund behind this scheme?


Don't believe in that one. OBVIOUSLY THAT IS A SCAM!!! 100% PURELY A SCAM. It'll be 100x better if you're the person managing your money. Not them to manage yours.
member
Activity: 210
Merit: 10
“Tackling Climate Change Using Blockchain”
August 09, 2018, 12:05:37 PM
#69
Never trust anyone who just want to make money for you. If this guy is so good with what he does,  why would he be wasting his time to make money for random guy on the internet when he could make himself millionaire by  put his skill to use for himself.
newbie
Activity: 168
Merit: 0
August 09, 2018, 11:53:38 AM
#68
in my opinion if you want to like that, see first whether the broker is safe, in my opinion it is safe but you will not get the full benefit because the broker's system will cut your results and you will be controlled by it.
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