Forex is not scam

Mar 25, 2021 at 14:34
3,597 Visa
66 Replies
Medlem sedan Jun 21, 2021   33 inlägg
Mar 07, 2022 at 10:52
It is not a scam, forex market values those who work hard to understand it.
Medlem sedan Mar 08, 2022   15 inlägg
Mar 10, 2022 at 08:45
croisssan posted:
Definitely yes. Perhaps forex is not always profitable. But this is definitely not a scam.
Agreed. As long as you stick with the regulation and follow the rules and guideline, you will notice that forex is not a scam.
Medlem sedan Jun 07, 2021   72 inlägg
Apr 25, 2022 at 10:42
I would call forex trading a challenging task. It requires skills and years of practice to do it properly.
Medlem sedan Dec 22, 2021   9 inlägg
Apr 25, 2022 at 16:40
skihav posted:
I believe that forex is not a scam. With the wrong organization of work, losses are possible, but this does not mean that Forex is a scam.

Exactly. Forex is just Forex, currency exchange. The scam is that there are people selling holy grain FX robots that do not work
Medlem sedan Apr 18, 2022   54 inlägg
Apr 26, 2022 at 09:32
I wouldn't call forex a scam, but it does have asymmetric information, which leads to misinformation. To prevent becoming trapped in a scam, have a basic understanding of how forex trading works, and have an upright trading knowledge and trade with well-regulated forex brokers always just to be on the safer side.
Medlem sedan Feb 16, 2022   63 inlägg
Apr 27, 2022 at 06:00
Forex is not a scam rather some traders do scam in trading. Scammers never come in treading to survive for long. Their intent is to earn a large volume of profit within a very short time. Always stay away from scamming and a scamming broker.

Medlem sedan Apr 14, 2022   32 inlägg
Apr 28, 2022 at 11:06
The Forex market is a legal trading market where you can trade the world's major currencies. It would be difficult to trade the currencies required to conduct cross-border commerce without the forex market. So in my opinion it can’t be related to any kind of scam or fraud.

Medlem sedan Apr 14, 2022   37 inlägg
Apr 29, 2022 at 11:29
Forex isn't a scam if you ask me. I've been trading for more than two years now and luckily I've never encountered a scam trap up till now. However, there are traders who might have been a victim of such scams so it is quite necessary to be alert and do proper research while choosing a broker.
Medlem sedan Oct 29, 2020   21 inlägg
May 02, 2022 at 09:35
Not only traders trade forex but also big financial institutions, MNCs and Central Banks that represent the government trade. Forex is a legit global platform for exchanging one currency with another.
Medlem sedan Aug 05, 2021   401 inlägg
May 04, 2022 at 14:36
Forex trading gets a bad reputation partly from all the scam brokers, indicators, mentors, paid courses and etc. that aren't worth anything and people wind up being scammed for large amounts of money. There's also the factor that so many think it's a quick easy way to get money and they wind up losing their deposit and giving up, so they label it as a scam and move on.
Medlem sedan Mar 11, 2022   38 inlägg
May 20, 2022 at 04:36
Of course not. The forex market is real and legit. The online forex market has been existing for a very long time. The reason why some people have this misconception that the forex market is a scam is because they failed in earning profits. The reason is not whether the market is legit or not but insufficient knowledge of a trader.
Medlem sedan Mar 17, 2022   29 inlägg
May 24, 2022 at 06:51
Forex isn’t a scam, a lot of failed traders just call it that because they’re bad at it and didn’t make any money/the money they wanted to.
Medlem sedan Jul 20, 2020   399 inlägg
May 24, 2022 at 13:36
Hotfoote posted:
Forex isn’t a scam, a lot of failed traders just call it that because they’re bad at it and didn’t make any money/the money they wanted to.

I agree, most are not happy it wasn't a get rick quick scheme and they are bitter they couldn't make it so they tell others it cant be done. Best to just follow what your eyes tell you and don't be discourages by all the neigh sayers
Medlem sedan May 24, 2022   4 inlägg
May 24, 2022 at 16:51
Forex is not a scam. Scam is essentially found among brokers who provide imaginary services. Sometimes it happens that you send money, but you will never see it back. Therefore, you need to choose a broker that has been in existence for at least 5 years.
Medlem sedan Feb 16, 2022   63 inlägg
May 25, 2022 at 06:55
Forex cannot be scam but a broker can. In all ways, a scam broker is harmful for a trader so traders should be careful about this. A scam broker is never supportive to traders so it should be avoided. There are different types of scam brokers available in the market and we should keep ourselves apart from them.
Medlem sedan Jun 02, 2022   20 inlägg
Jun 21, 2022 at 07:41
That’s exactly what reality looks like. Those who set unrealistic expectations will obviously have to take unexpected losses. The market becomes their easy target to blame. But if you are ready to find reasons behind your losses and improve the way you trade, success won’t be a far cry.
Medlem sedan Jun 21, 2022   1 inlägg
Jun 22, 2022 at 05:04

I have been trading for years in forex, so I can confidently say that they are not a scam. It is a legit market.
Medlem sedan Jun 02, 2022   32 inlägg
Jun 23, 2022 at 04:28
Forex trading is not a scam. There are numerous opportunities to financially benefit from it. Not only traders but other big firms or institutions trade forex including big investment banks and central banks which represent the governments.
Medlem sedan Jun 03, 2022   26 inlägg
Jun 24, 2022 at 09:45
Forex is not a scam but there are many scams in forex.
With the rising number of people taking interest in forex trading, scams have no dearth of traders who would like to make use of an easy way to make money. It comes up to the traders to be careful about the services they take.
Medlem sedan Jun 02, 2022   24 inlägg
Jun 27, 2022 at 04:24
Every person is capable of doing a different set of things and so, we can’t expect all of them to be great at trading forex. Just because someone doesn’t understand forex, it doesn’t mean that the whole concept of forex trading is a lie. You must first find out if you are capable of doing it or not.
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