Forex Fraud Alert: GreatTrade

Some scammers promise impossible infinite gains and never deliver. Others create “brokerages” which are a one way street to lose money and invent all the details.

But these guys just clearly copied details about another broker’s management team. I guess it seems more serious when you see faces behind a business, even if these faces are from someone else’s business.

The guys behind GreatTrade were not so great at inventing their own people, so they just copied some of MahiFX’s management team. It begins from CEO and co-founder David Cooney and continues with several other members.

Just shameless.

Here is the original Our Team page on the site of the reputable broker MahiFX:

And here is the page of the scammers:

MahiFX has taken action to remove the web page of these people, but the wheels of justice grind slowly. The scam story has also been highlighted by LeapRate

More: 7 Ways to Avoid Forex Scams

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