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How to recognize a Forex Scammer ?

thinkpad954
Dec 31 2018 at 13:34
9 ieraksti
The most important giveaway of a Forex scammer is the guarantee of unusually large profits with little or no financial risk. First of all: there's no such thing as a 100% guarantee. If there was, there's no way traders would share it with other market players. Some of these offers may sound very attractive, especially to trading beginners. But as the saying goes, the only free cheese is in the mouse trap

IndiTrader
Dec 31 2018 at 14:38
11 ieraksti
Anyone showing picture of big house and fast car is sure to be a scammer. Real trader show charts and analysis but scammer show unrealistic profits and cars. It is easy to tell scammer because the website is all talk and no stats

AniLorak
Dec 31 2018 at 15:20
920 ieraksti
thinkpad954 posted:
The most important giveaway of a Forex scammer is the guarantee of unusually large profits with little or no financial risk. First of all: there's no such thing as a 100% guarantee. If there was, there's no way traders would share it with other market players. Some of these offers may sound very attractive, especially to trading beginners. But as the saying goes, the only free cheese is in the mouse trap


That’s the main parameter; I mean who claims 100% success ratio; it’s truly impossible to make! Because, Forex is all about probabilities.

Adribaasmet
Apr 28 2019 at 11:12
951 ieraksti
AniLorak posted:
thinkpad954 posted:
The most important giveaway of a Forex scammer is the guarantee of unusually large profits with little or no financial risk. First of all: there's no such thing as a 100% guarantee. If there was, there's no way traders would share it with other market players. Some of these offers may sound very attractive, especially to trading beginners. But as the saying goes, the only free cheese is in the mouse trap


That’s the main parameter; I mean who claims 100% success ratio; it’s truly impossible to make! Because, Forex is all about probabilities.


I think anything like 90% and more looking like unrealistic since, it’s a decimalized market;

AmDiab
Apr 29 2019 at 10:38
718 ieraksti
Adribaasmet posted:
AniLorak posted:
thinkpad954 posted:
The most important giveaway of a Forex scammer is the guarantee of unusually large profits with little or no financial risk. First of all: there's no such thing as a 100% guarantee. If there was, there's no way traders would share it with other market players. Some of these offers may sound very attractive, especially to trading beginners. But as the saying goes, the only free cheese is in the mouse trap


That’s the main parameter; I mean who claims 100% success ratio; it’s truly impossible to make! Because, Forex is all about probabilities.


I think anything like 90% and more looking like unrealistic since, it’s a decimalized market;


I think so; 90% is not a normal case actually! Maybe pro traders can do so. But it’s not easy task.

Adribaasmet
Apr 29 2019 at 14:32
951 ieraksti
Well; I know few good Forex traders who are trading with account 70-75% accuracy but they all have handsome yearly return.

AmDiab
Apr 29 2019 at 17:36
718 ieraksti
Adribaasmet posted:
Well; I know few good Forex traders who are trading with account 70-75% accuracy but they all have handsome yearly return.


Basically, this relation is depending on the profit %; like which traders are trading with 1:3 profit ratio; I think they have no problem although they have near about 55% success ratio.

Duzragore
Jun 04 2019 at 06:23
26 ieraksti
Why do you need to do that ? I mean by looking at other accounts ? Are you looking for some get rich quick scheme or something like that totally or what ? I do not get you at all really. I assume you wanted to buy some thing from another guru and looking for advice.

Anayallador
Jun 23 2019 at 05:54
25 ieraksti
How to recognise ? Well first thing probably would be that you really can't withdraw your money when needed and they will keep asking for more, more and more in your case. How does that sounds to you ? I think it's very bad thing there anyway.

Adribaasmet
Jun 23 2019 at 07:35
951 ieraksti
Anayallador posted:
How to recognise ? Well first thing probably would be that you really can't withdraw your money when needed and they will keep asking for more, more and more in your case. How does that sounds to you ? I think it's very bad thing there anyway.


This is why; we need to make dealing with regulated FX brokers and avoid all of the 3rd parties.

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