Forex scams

[David Meyers]

Forex is not a scam market although many people think that. It is a legit market. However, the scammer uses fake schemes in the market to defraud traders. Scammer often appears to be an unregulated broker. So, be cautious to trade with an unregulated one. In my opinion, it is better to trade with a regulated broker. That’s why I am trading with a regulated and licensed broker called Eurotrader.
 

[mlawson71]

Scams are, indeed, a major problem in this industry. The best way to avoid being scammed is to stick to companies that are licensed by reputable regulators.

[Mrsooduraske]

Forex is not a scam program and it is a real business and we can only make profit in it if we have good knowledge and skills. If you are new and want to start trading you must learn the basics of Forex first.

[Mrsooduraske]

Forex is not a scam program and it is a real business and we can only make profit in it if we have good knowledge and skills. If you are new and want to start trading you must learn the basics of Forex first.

[Dora Wi]

I agree, there is nothing inherently wrong with the forex market, but like anything, people with bad intentions can find ways to do damage. Scam brokers happen. It's an important part of trading and money management to do our own due diligence and make sure that the broker we are about to choose is legit and reputable.

[uncle gober]

Managing existing funds and risks must be able to be considered properly, this is needed and necessary so that traders can be maximized in generating profits that are in line with expectations with Tickmill.

[Resolve]

On 2/10/2021 at 9:42 AM, uncle gober said:

Managing existing funds and risks must be able to be considered properly, this is needed and necessary so that traders can be maximized in generating profits that are in line with expectations with Tickmill.

If we will keep the risks to a minimum then our losses will remain Limited and we can gain more profit from this business.