Is Forex trading a scam?
Forex trading itself is not a scam. It is a global market that countless billions are affected by each day. However, everything in this world that involves money or has the potential for monetary gain also attracts fraudsters and Forex trading is no exception. Always investigate Forex brokers that you are considering doing business with to ensure that they are legitimate. Forex and Forex brokers are sometimes viewed as scams because many people in the general public are not familiar with Forex and the bad news is all the news they hear about it.
Sometimes you will read reviews that say a particular broker is a scam artist. There may be truth to this, but there are also angry traders who blame all their failures on someone else. Forex trading is difficult and failure is not uncommon. So consider this when reading reviews like this instead of blindly accepting them as an unbiased opinion.