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Investing in Forex

Adribaasmet
Aug 13 2018 at 10:36
947 postów
balticrain posted:
. it is a shame because options trading can be very interesting


Can you please elaborate this line! Because, I am not clear actually.

vontogr (togr)
Aug 13 2018 at 11:06
4862 postów
BluePanther posted:
[can't edit my last post]

Stick to basic Forex.

Don't touch HYIPs, BOs, or crypto. They are all scams.


Crypto's not a scam

Matt (BluePanther)
Aug 14 2018 at 06:40
1354 postów
togr posted:
Crypto's not a scam


Cryptos might as well be considered scams. Regulations and consumer protection is weak or non-existent.

Little to no regulation = 'scam' in my books. 😎

vontogr (togr)
Aug 14 2018 at 10:16
4862 postów
BluePanther posted:
togr posted:
Crypto's not a scam


Cryptos might as well be considered scams. Regulations and consumer protection is weak or non-existent.

Little to no regulation = 'scam' in my books. 😎


You can always get in and out.
Just do the due diligence.
It is like Forex - hit a bad broker and you are gone.

LeadPellet
Aug 14 2018 at 10:39
11 postów
I wouldn't say crypto is a scam. No one is out to get you. Crypto is what it is , a new digital currency. Sure it is unregulated and is highly volatile but that just makes it a high risk, speculation grade investment

Matt (BluePanther)
Aug 14 2018 at 12:27
1354 postów
In forex not all brokers are bad.
In HYIPs, all programs are bad.
In crypto, all crypto are bad.

The difference is regulation. Regulation = protection.

What laws protect you when investing in crypto? HYIPs?
Answer: NONE. Consider your money 100% at risk.

In forex, my broker is strongly regulated. Government scrutiny is high. Consumer protection is paramount.

Matt (BluePanther)
Aug 14 2018 at 12:29
1354 postów
Matt (BluePanther)
Aug 14 2018 at 12:30
1354 postów
[I can't edit my last post]

In spot-forex not all brokers are bad.

In Binary Options, all brokers are bad.
In HYIPs, all programs are bad.
In crypto, all crypto are bad.

The difference is regulation. Regulation = protection.

What laws protect you when investing in crypto? HYIPs?
Answer: NONE. Consider your money 100% at risk.

In forex, my broker is strongly regulated. Government scrutiny is high. Consumer protection is paramount.

[I can't edit my last post]

Cloudballs
Aug 15 2018 at 10:28
12 postów
Would say that CFD trading on stocks and commodities is OK with normal Forex brokers? I assume that has the same level of regulation etc

Dostiev
Dec 02 2018 at 07:34
10 postów
Most brokers now days cover all kinds of things even bonds and individual stocks. But watch our for the spreads and over night charges. If you are keeping a long term position then an ETF or buying the stock may be better

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