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Forex is not scam
Membro Desde Apr 09, 2019
538 posts
Jan 26, 2022 at 14:35
Membro Desde Jan 10, 2022
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
Membro Desde Mar 16, 2021
477 posts
Jan 26, 2022 at 23:44
Membro Desde Apr 03, 2021
470 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.
Membro Desde Aug 10, 2021
178 posts
Jan 28, 2022 at 13:59
Membro Desde Aug 10, 2020
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.
Jan 28, 2022 at 15:38
Membro Desde Jan 26, 2013
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.
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
Membro Desde Jun 26, 2020
327 posts
Feb 08, 2022 at 08:13
Membro Desde Dec 14, 2021
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.
Feb 09, 2022 at 10:35
Membro Desde Feb 07, 2022
24 posts
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.
Membro Desde Aug 10, 2021
178 posts
Membro Desde Jun 26, 2020
327 posts
Membro Desde Jun 12, 2021
132 posts
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