Forex trading is NOT a pyramid scheme. This is not to say that there are not scams related to Forex. There undoubtedly are just as there are with any enterprise that makes money. There are many reliable Forex brokers and many millions of Forex traders and investors. Some people succeed at Forex and obtain a good income from Forex trading. Forex is the largest and most liquid market in the world and it is definitely not a pyramid scheme.
Risk Disclaimer:CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Currency, crypto, stock or other trading finance instrument trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. We work hard to offer you valuable information about all of the brokers that we review. In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page. While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly.
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