Is forex world wide business?

Floriano

Recruit
Messages
70
I heard that Forex is a world wide business and we can earn a lot of money from Forex and it is almost in every country of the world. Forex is a legal business and it is spread all over the world. Plz give your opinion at this.
 

itkraze

Private, 1st Class
Messages
200
Forex is the world best online business and everyone can joins it and we can earn lot of money from it and it is legal business. Forex requires only its basic knowledge and experience and then trader can earn good and consistent profit from it.
 

forexdiscounts

Forexdiscounts Representative
Messages
10
Forex can definitely be considered worldwide business.

Forex is legal, but the problem is with the regulation of some Countries. Many Countries do not have regulations about Forex Brokers and many scammers take advantage of this! Exactly for the reason that Forex is a worldwide Business, they can sit wherever suits them and scam people without being regulated!

Forex is risky! There many reasons, but the most important are:

1. Too many scammers try to get to your money in many ways!

2. Be very careful, who your Broker is!

3. Before you buy a product, make sure you know what type of product it is and that you are paying the correct amount of money. If you think it is onetime payment, make sure it is!

4. Leverage means big potential for profits and a great risk for losing everything!

5. You need a very good system that you have tested for a long time.

6. Be disciplined! It is more difficult than what you think!

7. Not everything that works on Demo works on a live account!
 

Pharaoh

Colonel
Messages
19,844
A worldwide business that unfortunately has scammers worldwide involved at every level. Yes, you can make a lot of money, but you can also lose it all or have it stolen away from you without warning. Traders need to be on alert to protect their funds.
 

alanrox

Corporal
Messages
177
Forex is the world best online business and everyone can joins it and we can earn lot of money from it and it is legal business. Forex requires only its basic knowledge and experience and then trader can earn good and consistent profit from it.
Not sure whether this is the best online business or not.
 

LoRio

Sergeant
Messages
479
I heard that Forex is a world wide business and we can earn a lot of money from Forex and it is almost in every country of the world. Forex is a legal business and it is spread all over the world. Plz give your opinion at this.
Its good even if you dont trade.
Per example , you can signup to multiple conversations mediums , share your opinion , or help without spamming , and when you are ready , and popular enough you signup as an introducing broker and share your link.Good money.
Only thing you need is creativity , proper grammatical and structural knowledge.Automatic translators wont cut it for those who speak fluently the targeted language.
 

itkraze

Private, 1st Class
Messages
200
A worldwide business that unfortunately has scammers worldwide involved at every level. Yes, you can make a lot of money, but you can also lose it all or have it stolen away from you without warning. Traders need to be on alert to protect their funds.
Right, In Forex we have to trade with full alert we have to increase our money management skills and it depends on the traders knowledge and skill either in short time they lose their money or earn lots of money from the market.
 

Rambo35

Corporal
Messages
280
Forex is not an online business, it is a financial market. I think those who approach it as an online business are on the wrong track and have the wrong approach.
 

trading20

Recruit
Messages
5
yes Forex is a world wide business through this you not only earn lot of money but also loss a lot of money.
 
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