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As with many industries plenty of predators exist out there looking to take advantage of newcomers.
Is forex trading scam. These scammers tout their system s ability to generate automatic trades that even while you sleep. Although this sounds too good to be true you can rest assured that forex is not a scam. While forex trading is legal the industry is rife with scams and bad actors.
Forex brokers should not promise returns at all small or large. If you do an internet search on forex broker scams the number of results is staggering. While foreign exchange forex investing is a legitimate endeavor and not a scam plenty of scams have been associated with trading forex.
Around 6 5 trillion trades each day on the forex markets according to the 2019 triennial central bank survey.
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