This Business Is Not BBB Accredited

International Currency Trading, LLC

International Currency Trading, LLC

(812) 595-3886

International Currency Trading, LLC

12 years in business
PO Box 252
Scottsburg, IN 47170
Additional Phone Numbers
  • (812) 595-3886
  • (812) 595-3886
  • (866) 385-3886
BBB File Opened: 12/07/2005
Business Started: 03/02/2005
Business Incorporated: 03/02/2005 in IN
Type of Entity
Corporation
Business Category
  • Currency Exchange
Additional Information
  • The BBB recommends that foreign exchange investments be approached with extreme caution. Anyone considering an entry into this marketplace should first research and understand exactly what risks they must assume. Performance of the market and perfor...
  • The BBB recommends that foreign exchange investments be approached with extreme caution. Anyone considering an entry into this marketplace should first research and understand exactly what risks they must assume. Performance of the market and performance of the company with which one is considering investing should be thoroughly investigated and most importantly, the results claimed should be substantiated. As a potential investor you need to know the overall marketplace risks. FOREX Consumer Tip With financial markets on the upswing, many consumers are re-evaluating their investment options. Solicitations to trade foreign currency contracts, also known as "forex", are particularly tempting. Ads for high-return, low-risk investment opportunities in foreign currency trading are blanketing local newspapers, radio promotions and attractive Internet sites. Are these offers too good to be true? Sometimes, they are. While much forex trading is legitimate, the Commodity Futures Trading Commission (CFTC) reports a sharp rise in foreign currency trading scams. How does one sort through the offers to select a reputable operation? The CFTC and the Better Business Bureau offer the following warning signs of fraud to those who are considering forex investment opportunities."Too good to be true" claims. Get-rich-quick schemes are actually lose-everything-quick schemes. Be particularly cautious if you have recently acquired a large sum of cash. Retirees make easy victims. Offers that predict or guarantee large profits. Such claims are false! No person or business has a crystal ball that can predict the future. Offers that promise little or no risk. If the company claims that written risk disclosure statements are routine formalities imposed by the government, beware! Do not fall for promises that your investment is "secure" or that there is a "maximum" that you can lose per day. Pressure to invest funds that you cannot afford to lose. The currency futures and options markets are volatile; they contain substantial risks for unsophisticated customers. Reputable companies will permit you time to evaluate their offer and make an informed decision. Unwillingness to provide a performance record. Always obtain the company's track record, and verify that data with other sources and someone whose financial advice you trust. Even the glossiest of brochures can contain false information! High-pressure tactics to send or transfer cash immediately. Phony currency trading firms have seized upon the Internet as an inexpensive way to reach potential customers. Many such firms are not located within the U.S. and do not display any information identifying their location. Once you transfer your funds offshore, it becomes very difficult or impossible to recover your investment. Reluctance to provide credentials or background information. Do not deal with anyone who will not give you requested information about their expertise, experience, and industry registration or relevant association membership details in writing! Prior to purchasing any forex, check whether the company is registered with the CFTC (www.cftc.gov) or is a member of the National Futures Association (www.nfa.futures.org). Other sources of helpful information include your state securities commission (www.nasaa.org), Attorney General (www.naag.org/) and Better Business Bureau (www.bbb.org).If in doubt, do not invest! If you can not get solid information about the company, the salesperson and the investment, why would you want to risk your money? 9/4/2003 © 2003 Council of Better Business Bureaus, Inc.

NR

Out of Business

According to information in BBB files, this business is no longer in business.

BBB Reason for Ratings

BBB rating is based on 13 factors: Get the details about the factors considered.

Based on BBB files, this business has a BBB Rating of No Rating. The reason is as follows:
This business has no rating because it is out of business.

Licensing information is provided in the BBB Business Profiles to inform the public about industries that may require professional licensing, bonding, or registration. Better Business Bureau encourages you to check with the appropriate agency to be certain any requirements are currently being met.
BBB promotes truth in advertising by contacting advertisers whose claims conflict with the BBB Code of Advertising. These claims come to our attention from our internal review of advertising, consumer complaints and competitor challenges. BBB asks advertisers to substantiate their claims, change ads to make offers more clear to consumers, and remove misleading or deceptive statements.
BBB reports on known significant government actions involving the business's marketplace conduct.
BBB reports on a company that is out of business for one year from the date the company closes its doors or ceases to do business.
BBB reports on unauthorized use of the Better Business Bureau's name and/or logo for as long as the business continues to use it in any advertising, or for one year after the business ceases any repeated unauthorized uses.
BBB reports on a business’s bankruptcy as long as the business remains in bankruptcy.
BBB reports when mail sent to the business was returned by the Postal Service.

International Currency Trading, LLC

This Business Is Not BBB Accredited

International Currency Trading, LLC

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