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Forex is not scam

croisssan
Jan 25 at 17:58
939 posts
I am sure that forex is not a scam. I myself have been working for a long time and have already convinced myself of this.
CraigMcG2020
Jan 26 at 07:53
399 posts
Its definitely not a scam i know people verified making hundreds of thousands from it but they have put work time and effort into becoming a great trader. Most fail and then blame everything but themselves
Seb King (sebking1986)
Jan 26 at 11:51
538 posts
It's like saying medicine is a scam because you failed med school.
If you can't spot the liquidity then you are the liquidity.
windpower
Jan 26 at 14:35
9 posts
CraigMcG2020 posted:
Its definitely not a scam i know people verified making hundreds of thousands from it but they have put work time and effort into becoming a great trader. Most fail and then blame everything but themselves

Who are these people? Whenever I find people with verified accounts they always turn out to be scammers
Treeny
Jan 26 at 15:54
213 posts
Why would anyone show their winning accounts? The winners don't brag about it they just get on with it. The losers try to flog useless systems....
LukeRachel
Jan 26 at 17:12
477 posts
The forex market can never be a scam. Traders exchange currency values here. Which is conducted all over the world together.
Suradi (FXOday)
Jan 26 at 23:44
398 posts
Forex business is not a scam, but choosing the broker is an important matter because not all broker is trusted, in huge business-like as forex, where here there is so big money circulating in the market, sometimes used by an unresponsible person to scammed people. choose a reliable broker that has been regulated and trusted by among traders, read the review, and spent money that affords to lose.
Williamfreed
Jan 27 at 02:30
176 posts
Exactly forex is not a scam. It is a genuine business and you can make a lot of money and profit if you have knowledge and skilsl.
Cenaya
Jan 28 at 13:59
7 posts
I agree that those people who often lose on Forex are prone to saying that it’s all scam and nothing else. I explore Foreх on a demo account and I already see how complicated this system is. It requires you to improve your personal qualities. The very thought of trading on a real account a bit scares me but I hope I will try it soon.
Jungle78
Jan 28 at 14:45
105 posts
I think its sour grapes on behalf of some of people's own failing and inability to apply the principles they learn here and not put in the work
Midday Forex (cgasucks)
Jan 28 at 15:38
73 posts
As a former corporate currency trader, forex is not a scam but there are a lot of unscrupulous people wanting to get a piece of the pie by setting up scams by putting up bogus brokers and schemes. It is a legitimate business. Business would not function without forex as companies cannot get their international revenues converted into their home currencies and will need to pay their suppliers into theirs. If you vacation in another country, you will need to convert your money into their currency.

To prevent yourself from being scammed, do your trading with a well known and licensed broker and don't buy or rent any EAs (especially those that grid and/or martingale). Instead, study and practice and develop your own trading style.
Integrity is the seed for achievement. It is the principle that never fails. - Earl Nightingale
Roman4711
Jan 28 at 20:21
10 posts
For me personally, forex is not a deception, you just need to be able to understand and prepare in it.
AliaDare
Jan 29 at 01:52
788 posts
Roman4711 posted:
For me personally, forex is not a deception, you just need to be able to understand and prepare in it.
In general, I also think that there is no possibility of loss if trading follows total discipline.
Vicenox
Jan 29 at 05:12
20 posts
fores looks like deceptive for those who don't know how to time the forex. Lack of trading skills and imitating others will not make one a successful trader.
DaxIndice
Jan 29 at 06:06
4 posts
Depends in broker not forex
Tradelist45
Jan 29 at 07:16
283 posts
Forex is a very professional business in the present world , it is not scam at al, we traders use this place as scam .
Nakedize
Feb 08 at 08:13
46 posts
Forex isn’t a scam, it is a legitimate financial market. There are scammers though who set up traps for traders to fall into. The people who fall prey to these scammers lose money. These traders then use the word “scam” for the forex market as a whole. If a trader is careful, there is no way that the money can be lost easily.
croisssan
Feb 08 at 13:42
939 posts
I absolutely do not consider forex a scam. Rather, even Forex may well provide a trader with a quite good option for earning.
skihav
Feb 08 at 14:34
801 posts
I have never considered forex a scam. With the right approach, losing money here is quite difficult.
Actinism
Feb 09 at 04:44
32 posts
No, forex trading is not a scam. People should not accuse forex trading to be a scam just because they lost in the game.
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