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Newbies: A Simple Trick on How to Detect Forex Scammers

okpinoy · 7 · 15988

okpinoy

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THE TRICK: Always check the offer, regardless if it's free or not. The most important thing to know is if someone offers you to learn Forex Trading and saying that you will not lose your money. Wow. The offers are sometimes in a form of free seminars, webinars, books, ebooks, consultations, etc. They will surely convince you to open a LIVE account right away. They are just after the trade commission.


To check if the training is legit if the teacher will not allow you to go live yet and tells you that you need to achieve at least 100% profit or more if you choose to, with your demo account before you go live. It means that the teacher will teach you the right thing. Remember this.


okpinoy

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minsan nagpopost din dito ng free ebook :)


okpinoy

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be cautious guys


Jugrel

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It's important for a trader to be aware of scammers before signing up for an account. Scammers in forex trading come in different ways, from ilegitimate brokers, to scam money managers, to false signal providers. In order to be successful, a new trader should be equipped with all the necessary information. You can check Forex Peace Army's review section for broker reviews before signing up


Coidor

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Very true indeed. A legit forex broker should allow you to first trade on a demo account for you to get familiar with the trading environment. Bonuses that are too high, leverage offers that sound unreal and a promise of 100% success on an instant live account trading is a deal that is too good to be true.


Yamnjack

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How about those offering assistance in live trading/coaching? You have to attend their 85K-worth training though. They sounded practical - no get rich quick scheme, minimum targets first, etc. I'm very much interested though I don't have 85K right now that I can give away.


Elainerog

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Reply #6 on: Nov 28, 2019, 06:51 PM
Forex trading is simple if you follow a formula and stick with it.

I can teach you mine if you want earns me a constant 2 daily return on a 50:1 leverage account.

So far my Forex account has grown from 50K to 118K in less than half a year.


 


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