Is Forex A Scam?

[Morten]

And what does it mean?

Oh, something went wrong. I was distracted.

Unfortunately, a lot of people think that forex as well as the stock exchange is a scam. therefore it's better not to focus on their opinion, but to mind your own business at the market.

Most people are right, because it's true, there are a lot of scams on forex

 

[Ken Smith]

You said right people not see reality of forex they think they should just win every time. When forex does not meet their dreams they say it is a scam business, Change your thinking and perception.. It is highly risky business, You can suffer from loss any time. I say forex is real business you have to learn how to make real money from it.

Forex is not scam. Some people who have failed in trading used to say that forex is a scam. They think, I didn't make it so no one can make it. But yes, there are brokers that are scam. Do not listen people who say like this. And most importantly you can Google it.

 

[alaska27]

forex is an authenticated business with huge and brief history. People lose their money and then try to blame the market for those losses. Forex market has proper rules and regulation and it offers terms and conditions for the customers to be agreed upon before joining it.

 

[Aubrey Aubrey]

When people from all over the world are doing forex business than how come forex could be scam. Forex is a pure legitimate business. But the number of people who joined forex market is way higher than actually the people who are running forex business successfully. Because most of the trader get lose and quit the market. That doesn’t mean forex is scam. There are many reason behind it like lack of trading knowledge, experience and also choosing wrong broker.

 

[alaska27]

Forex is not a scam. Those people call scam who have failed miserably in forex trading. They can't accept their mistakes and call forex trading a scam. You can check the ground reality for yourself and see what forex trading can offer you. I hope you will the reality very quickly.

 

[CryptoatForex]

Forex is not a scam.
But lots of people use Forex for their scams.

 

[TrapLok]

Forex trading is not a scam. You get what you earn in it. Everyday, it is estimated that about four to five trillion dollars are traded everyday. Those people are trading for a reason. You also should read the world economic reports that forex trading and market is one of the transparent and cleanest market.

 

[nahiyar]

Forex trading is not scam , it is highly risky one should understand its nature before starting. Risk is not scam if one is enable to manage risk he will never loose much in trading. Loss is for every trader but its % is different . As experienced and planned traders and non experienced not get equal results. Who loose say forex is scam it is not the whole truth.

 

[Ross Bourque]

Among all the virtual trading platforms, forex is being considered as a reliable earning source where millions of traders are engaging in currency exchanges on a world stage. But if some forex traders are claiming that forex is a scam or forex is representing to gambling then of course they are not aware of the forex market’s structure and the inherent riskiness. A forex trader must try to get an idea of forex market so that he can deal all the trades carefully without taking pressure of becoming bankrupt.

In order to ensure success, a forex trader must require right trading strategy with the appropriate selection of trading platform. Even a trader will necessitate right currency exchange pairs to trade to avoid unnecessary happening here.

 

[iMusingKiMi]

You can't consider it as a scam, it just you don't have a centralize market price.