Commodity Scam Process

A CFTC complaint about a commodities pool operator has highlighted the need for whistleblowers to take advantage of the agency’s vigilance. These complaints are the backbone of the program and contain critical information necessary to police commodity frauds. Unfortunately, the fund for this process does not increase when whistleblower triggered investigations and rewards are increased. This makes the entire process […]

Commodity Scam Walk-through

There are several warning signs of a scam in the commodity markets. The first is the use of offshore retail brokers that are not regulated by the NFA or CFTC. Once victims contact them, the broker will disappear with the money and then claim that they are a legitimate broker. While there have been instances of US-based companies violating these […]

High Fees Commodities Brokers

While high fees are an unfortunate reality in the commodity trading business, it is possible to negotiate with a broker. Most brokers are willing to negotiate their commission rates, especially for active traders who pay a high monthly fee. However, if you are a beginner and want simple interface and low costs, look elsewhere. Others will want more advanced charting […]

Low Rated Commodities Brokers

If you are looking to trade commodity, you may want to choose a top-rated broker. A top-rated broker will offer you all the benefits of trading with a top-rated one. The most important factor is the commission rates they charge. Many top-rated brokers offer a high-floating leverage and a choice between floating or fixed spreads. In addition, they should have […]

Fraudulent Commodities Exchanges

Commodities exchange fraud is not new. The first forms of fraudulent commodity trading involved bucket shops, which were establishments that let people make bets on the current prices of commodities, but did not actually execute the bets on an exchange. Instead, they were placed on the shop’s books and offset by the bettors’ own resources. In some instances, successful wagerers […]