0
Forex itself is not a scam but it does require education before you start.
There are many Forex scams out there but the market itself is very real.
Just make sure you don't skip out on education if you want to look in to this further.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
How can one trade Forex online?
Forex is not a stock which may be traded. Forex is a stock trading site like Ameritrade. Forex offers individuals the ability to trade stocks using their online tools. The only place to use Forex or to trade with Forex is on the Forex website.
What is the best forex trading platform that's not a scam?
IG XTB TD Ameritrade Interactive Brokers They are all authoritative Forex brokers
Can you trade forex without any money?
Yes, you can trade. But you can't earn in this case
How can i trade forex legitimately online?
Legitimate online Forex brokers are authorized and regulated. you should check that the broker is regulated and authorized for Forex trading in your country.The leading Forex regulation bodies are: FSA, NFA and CFTC
What is the Best time of day to trade forex?
Forex is basically a 24 hour a day market. However, if you are trading a particular pair you should trade when those country's markets are open.
What are opinions on forex-groups.com?
Looks like a scam to me.
Where do you trade euros for us currency?
Depends. If you want to trade for cash, going to a Bank or to the nearest cambio/forex counter would be ideal. if you want to engage in forex trading for profits, then you would have to open account with a forex broker and trade with them.
Is one able to trade forex with GFT?
Many consumers are reporting scam like actions by this trading method, although the validity of the claims cannot be verified, one should be aware that although it is possible to trade by this method, scams may occur.
How can one trade Forex online?
Forex is not a stock which may be traded. Forex is a stock trading site like Ameritrade. Forex offers individuals the ability to trade stocks using their online tools. The only place to use Forex or to trade with Forex is on the Forex website.
Can you trade forex on a blackberry 8900?
Depends if the forex broker offers a smart phone application.
What is the best forex trading platform that's not a scam?
IG XTB TD Ameritrade Interactive Brokers They are all authoritative Forex brokers
What does the Forex Funds trade world wide?
Forex Funds trade different currencies world wide in the international stock market. Forex Funds is pretty much a financial manager for one world wide.
What type of commodities can I trade online with Forex?
You can trade anything that has some kind of value on Forex. You can trade gold and silver or you can trade stocks and bonds. They are more of a high end trading company on the internet. Forex is designed for trading the various financial markets around the wolrd.You can trade the dollar,or the euro,or several other currencies.
When were the first Forex trade online services first available outside the US?
The first Forex trade online services that were first available outside the US were the Forex Capital Markets, Fxall and Currenex. Forex trading helps individual and companies to trade around the world using their countries money which is then exchange into the currency of the country they are doing business with.
What are some Forex trade signal providers?
Signal providers include instant forex signal, daily forex, evosignals, and trade signals. Now, even major banking institutions are getting involved. Citi now offers this service.
Impact of Information Technology on forex trade?
Impact of information technology on forex trade is immense. In fact in today's world,transfer of money via SWIFT is made from one country to other by the twinkling of the eye, by the blessings of information technology. Even any stoppage of service due to technical reason causes havoc in forex trade and its impact is unimaginable. Without information technology, forex trade is no where to exist.
Can you trade forex without any money?
Yes, you can trade. But you can't earn in this case
