Is It Possible For A Stockbroker To Scam You?

[Good-Person]

There are many stockbrokers who tend to work for many people. they may also work for many clients and companies as well. However, is it possible to get scammed by a stockbroker? Are they regulated by anyone? How to avoid getting scammed by a stockbroker?

 

[Planbizzle]

Absolutely, it is feasible for a stockbroker to commit fraud and scam you. Stockbroker fraud can manifest itself in a variety of ways, including misrepresentations or omissions of information about investment prospects, as well as inappropriate investment advice or account activity.

 

[Treborika]

Definitely it is. I think that is the main challenges for working Online which involves the dealing with people you don't know and that can easily scam you since you all don't know each other.

 

[Nomad]

Stock brokers can scam you, they can tell you to buy stocks from certain companies that are not doing goo in the market and they just ask you to buy because they want to do some favor to the people associated with that company.