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How to avoid falling victim of scam forex traders.

cooldude

Member
AfriCoin
-220
On a daily basis more and more people keep on falling victims to scam brokers. There are a few ways to avoid this horrible situation. Firstly, you should always do your research before signing up with a forex broker. Check the company's registration and regulatory status, and read reviews from other users. Secondly, be wary of any broker that promises unrealistic profits or asks for money upfront.
Thirdly, make sure that the broker provides a secure trading platform with two-factor authentication. Fourth, be sure to understand the terms and conditions of any contract you sign, and don't be afraid to ask questions so as to be sure.
 
Does trading is more to me like a type of gambling, more like you are betting, just that it comes in an entirely different form. If you can carefully analyse how forex trading works you will find that it functions like a betting company. So what I am insinuating is that when going into anything forex related, just know that it is a risky game and the chances of you you winning is 50/50.
 
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