Forex Scam

[Nilde Lucchese]

Forex scam or fraud is any trading scheme used to defraud traders by convincing them that they can expect to gain a high or double profit by trading. Most of the time unregulated brokers offer such schemes to defraud traders in the forex market. So, it is wise to trade with a regulated one. I am also trading with regulate broker called Eurotrader.

[mlawson71]

I agree, scams are a huge problem for this industry. The best way to avoid them is to stick properly regulated brokers that are licensed by reputable regulators.

[Ross Edwards]

A trader is that person who opens a forex account and then buy and sell currencies. The difference in price the currency pair was bought and sold at are the profit and loss. Traders are basically trade in the forex market with the help of forex account under a specific forex broker. Brokers help the trader to make professional from beginner. i am also a trader of forex market. I am trading with TP Global FX. They help me to become a good trader in the market.
 

[maspluto]

Broker selection must be considered carefully, this is needed and necessary so that traders can be more optimal in carrying out trading activities while on a real account and can become Tickmill's trader of the month.

[Kelelis]

It's really not uncommon in this business.
But you have to remember about regulation, risk management, and other things to keep risks under control.

[Resolve]

On 1/30/2021 at 2:20 AM, Kelelis said:

It's really not uncommon in this business.
But you have to remember about regulation, risk management, and other things to keep risks under control.

We need to understand the Risks that are present in our trading and minimize them.