Categories: Market

Blackmarket Forex: Examining Illegal Trading Schemes

Blackmarket Forex, also known as ‘Shadow FX’, is the illegal buying and selling of foreign currency. It is conducted through unregulated online ‘black market’ networks, which operate outside of the supervision and oversight of governments and financial institutions. It is often seen as a way to make quick money, but is often risky due to the high potential for fraud or illegal activities. Additionally, Blackmarket Forex transactions do not involve taxes or applicable fees, making them attractive to those looking to avoid paying these costs.

Read More