What is Forex and What Should You Be Careful of? Popular Forex Scams
been exposed to various forex scams without even knowing it. Forex is a very competitive market and many different businesses want to get a piece of “action”.
In the last few Broker check ears there was a lot of different ponzi schemes that disguised themselves under pretense of being a legitimate forex investment opportunities.
These are usually easy to spot since they promise guaranteed returns of 1000% and more in profits. Lately these trading schemes grew more and more popular and it will be interesting to see what will happen with them in the near future.
Another form of borderline scams are most forex robots. In reality most of these will lose you money and won’t be any better than a random set of trades. However, there are a few that can actually help you make money if you closely monitor their actions and how they perform.
The important thing to understand with forex is to get involved with real trades and to lea