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Avoid these scammers at all costs
and others, we lose our money because the broker scam us, and disappears with all our money, not money lost, it is stolen money.In the retail forex market, your competition is the other forex traders trading the retail forex market, and, believe it or not, your BROKER !!!. When you make money trading forex, the OTHER traders in the retail market lose, and so does your broker. Most retail forex traders do not make money. In fact, your forex broker will assume that you are going to lose money in the long run.This is a perfectly reason able assumption,since the large majority of forex traders lose money. Would you like to know about the secret that forex brokers don’t want you to know? Here it is: Forex brokers divide all traders into two groups. There are the winners—these are the forex traders who make money then there are the losers—these are the forex traders who lose money. Guess which group all new forex traders get put into? Retail forex brokers believe that all new customers are unlikely to make money, so all new accounts are placed into the lose rgroup.After several months of consistently profitable Forex trading a trader may be placed into the winner group. It may sound surprising, but it is true. If you start making money trading forex over several months, you will join the winners. Your retail forex broker will begin to hedge your trades. In other words, if you are in the winner group, your retail forex broker will take trades in the real forex market, the interbank market, to offset the profits accumulated by the winner group. For example, if most of the traders in the winner group have decided to buy the EUR/USD, then the broker will put in a trade to buy the EUR/USD in the interbank market in the hopes that, if the winners are correct,the forex broker can use the profits in the interbank market to pay the winning traders. This is how your retail forex broker deals with winning traders.