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Forex scams


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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.
 

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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.

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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.

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