Forex is not scam

Mar 25, 2021 at 14:34
Vues 3,068
66 Replies
Membre depuis Apr 09, 2019   posts 538
Jan 26, 2022 at 11:51
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.
Membre depuis Jan 10, 2022   posts 9
Jan 26, 2022 at 14:35
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
Membre depuis Feb 08, 2019   posts 213
Jan 26, 2022 at 15:54
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....
Membre depuis Mar 16, 2021   posts 477
Jan 26, 2022 at 17:12
The forex market can never be a scam. Traders exchange currency values here. Which is conducted all over the world together.
Membre depuis Apr 03, 2021   posts 470
Jan 26, 2022 at 23:44
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.
Membre depuis Aug 10, 2021   posts 178
Jan 27, 2022 at 02:30
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.
Membre depuis Aug 10, 2020   posts 7
Jan 28, 2022 at 13:59
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.
Membre depuis Feb 12, 2019   posts 105
Jan 28, 2022 at 14:45
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
Membre depuis Jan 26, 2013   posts 73
Jan 28, 2022 at 15:38
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
Membre depuis Jan 28, 2022   posts 10
Jan 28, 2022 at 20:21
For me personally, forex is not a deception, you just need to be able to understand and prepare in it.
Membre depuis Jul 19, 2020   posts 788
Jan 29, 2022 at 01:52
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.
Membre depuis Jan 24, 2022   posts 20
Jan 29, 2022 at 05:12
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.
Membre depuis Jan 29, 2022   posts 4
Jan 29, 2022 at 06:06
Depends in broker not forex
Membre depuis Jun 26, 2020   posts 327
Jan 29, 2022 at 07:16
Forex is a very professional business in the present world , it is not scam at al, we traders use this place as scam .
Membre depuis Dec 14, 2021   posts 46
Feb 08, 2022 at 08:13
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.
Membre depuis Dec 13, 2021   posts 32
Feb 09, 2022 at 04:44
No, forex trading is not a scam. People should not accuse forex trading to be a scam just because they lost in the game.
Membre depuis Feb 07, 2022   posts 24
Feb 09, 2022 at 10:35
Forex market is real and is used by governments, banks , financial institutes and traders like us to earn through this and meet the supply and demand of the currencies in the market. Therefore it is the most liquid market in the world with around 6.6 trillion transactions taking place every single day.
Membre depuis Aug 10, 2021   posts 178
Mar 07, 2022 at 03:33
No, It is not a scam business, it is legit and we can make good profit.
Membre depuis Jun 26, 2020   posts 327
Mar 07, 2022 at 08:05
demo experience sometimes doesn't work in really account, its really true. but that not mean , it is useless.  beginners level of course minimum have to spend 3-5 months in here to ensure live trading experience.  
Membre depuis Jun 12, 2021   posts 132
Mar 07, 2022 at 08:54
Forex is scam or not it depends on your approach , if you have positive mind you will take this place as a business , if not you will act in there as scam. thanks
Se connecter / S’inscrire to comment
You must be connected to Myfxbook in order to leave a comment
*Lutilisation commerciale et le spam ne seront pas tolérés et peuvent entraîner la fermeture du compte.
Conseil : Poster une image/une url YouTube sera automatiquement intégrée dans votre message!
Conseil : Tapez le signe @ pour compléter automatiquement un nom dutilisateur participant à cette discussion.