Forex is not a scam. But you will find people here who are doing their best to scam greedy people. I said greedy people bcoz they believe their unrealistic profit promising. Everyone specially newbies should know that there is no short cut in trading.
Very true. I agree with you. Without all the scammers it would be so much easier for new traders to learn the right way to trade
Yes. Any earnings is a hard and risky process. Especially on forex.
Nov 05 2020 at 04:35
yes it is not a scam until and unless you do it with a trusted broker.
Nov 05 2020 at 06:14
UweMoench posted:
Forex is not a scam. But you will find people here who are doing their best to scam greedy people. I said greedy people bcoz they believe their unrealistic profit promising. Everyone specially newbies should know that there is no short cut in trading.
If anyone think forex is a scam, then the person knows nothing.Trading made me who I'm today, if you can trade very well, you get a lot of firm demanding for your services, you get paid well, depending the kind of deal you signed with your firm, you could be allowed to copy your trades to outside clients.
Only experience or scam in this are brokers, fake brokers, sadly I have experience this with 3 different clients, just imagine trading for a client and making much profits over the months and broker starts making excuses when you client put for withdrawal.
Just make sure you know how to trade or you employ their service of proffesional, all you need to worry about is choosing the right broker, because that is where the real scam is.
IwillTrade4You posted:
If anyone think forex is a scam, then the person knows nothing.Trading made me who I'm today, if you can trade very well, you get a lot of firm demanding for your services, you get paid well, depending the kind of deal you signed with your firm, you could be allowed to copy your trades to outside clients.
Only experience or scam in this are brokers, fake brokers, sadly I have experience this with 3 different clients, just imagine trading for a client and making much profits over the months and broker starts making excuses when you client put for withdrawal.
Just make sure you know how to trade or you employ their service of proffesional, all you need to worry about is choosing the right broker, because that is where the real scam is.
Very true. People tend to give up very easily if they cannot make a profit in one turn and can easily accuse the forex trading as a scam.
Nov 05 2020 at 06:56
UweMoench posted:
Forex is not a scam. But you will find people here who are doing their best to scam greedy people. I said greedy people bcoz they believe their unrealistic profit promising. Everyone specially newbies should know that there is no short cut in trading.
Correct, its the people and the brokers, where scams are common. So we need to be very cautious.
Undoubtedly scams are at rife in forex, because people who trade forex are great manipulators in some or the other way.
Nov 05 2020 at 07:34
ddarko3 posted:IwillTrade4You posted:
If anyone think forex is a scam, then the person knows nothing.Trading made me who I'm today, if you can trade very well, you get a lot of firm demanding for your services, you get paid well, depending the kind of deal you signed with your firm, you could be allowed to copy your trades to outside clients.
Only experience or scam in this are brokers, fake brokers, sadly I have experience this with 3 different clients, just imagine trading for a client and making much profits over the months and broker starts making excuses when you client put for withdrawal.
Just make sure you know how to trade or you employ their service of proffesional, all you need to worry about is choosing the right broker, because that is where the real scam is.
Very true. People tend to give up very easily if they cannot make a profit in one turn and can easily accuse the forex trading as a scam.
Yes, they should be more worried about scam brokers. My worst experience was broker named EU-Capital bailing out with over 350k profits made in months on 30k deposit of my clients, that was years ago, they are out of business, I was so mad with the client because he told me they are trusted and we agreed to just build the account for a long time, although he pays me without withdrawing from his pocket and told me I should just keep building up the profits, target was 500k and he will pull a full 400k and it will all be 100k minimum left, but the broker played a fast one on us and other clients.
is this another broker shame thread?
when i just thought it was a topic for thought...
when i just thought it was a topic for thought...
perryjohn765 posted:
yes it is not a scam until and unless you do it with a trusted broker.
'trusted broker'. everyone put own opinion in this meaning. what's yours? thanks
UweMoench posted:
Forex is not a scam. But you will find people here who are doing their best to scam greedy people. I said greedy people bcoz they believe their unrealistic profit promising. Everyone specially newbies should know that there is no short cut in trading.
thanks for creating such an interesting thought thread. i just think that scammers you mention will use your thread to mix with the sh*t of brokers (competitors).
Nov 05 2020 at 08:23
Try as much to chose regulated broker, otherwise you will end up unlucky making profits and can't withdraw. Experience is the best teacher, happened to me.
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