Best Practices for Safe Trading

By Optimus Prime on Feb 23, 2011 4:13

Safe online trading is very important for many traders. Since Internet appeared, online trading has become one of the most popular ways to earn money but at the same time online swindle turned out to be an integral part of online trading. That's why in case you aim at successful online trading; you should pay special attention to such matter as safe online trading.

First of all it's necessary to spend enough time to investigate your potential partner before making any business deal. Many cases of frauds happen due to short time of investigation or lack of it.

Secondly, stay alert when someone offers a high or low price in the first instance. It is easy to fall for such tricks but remember that most of these offers are open traps. Many suppliers, who supply products like mobile phones, mp3 players, iPods, game consoles, and electronic gadgets, use the same trick to cheat buyers.

Thirdly, always verify the address, phone number, and email address given by your partner. The contact details should be consistent. That is, the contact details given by your partner on their profile in the B2B portal (TradeKey.com) matches with the one posted on their company website. Also check if the given country or address matches with the phone number.

Fraudsters are very strong in the art of cheating; they create fake e-mail ids and phone numbers to trick you.

Lastly but very important always use secured method for payment like L/C, PyaPal, and Escrow for money transactions.

Have a happy online Trading!

[Originally posted by Azee]

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Re: Best Practices for Safe Trading

By jenny12 on Feb 29, 2012 9:20
I think for trading basic is what very necessary. You should at least have  proper understanding of basics, otherwise there is possibility of you being deceiving by anyone.
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Re: Best Practices for Safe Trading

By JohnTimber on Aug 17, 2012 1:31
  If you are looking for businesses of clients interested in the services provided by your company then you should join Globial ( www.globial.com ). The B2B platform committed to creating trust between businesses and people worldwide. You can sign up for free to add me as a trade partner. 

Thank You, John Timber