Is Forex Trading a Scam?

This is a question many people are asking. Forex is often over-hyped, promising huge investment returns. The truth is many people do lose money trading Forex. However, this does not have to be the case. With the right tools, training, and understanding of the risks, Forex trading can be very profitable.

Whether your looking to trade Forex or stocks you need to be ready for losses. The good news is you can open practice accounts where you trade "play money", also there are programs which help you learn and make profitable trades so you're not entirely on your own.

Trading Forex can be hugely profitable! It is not a scam, you just need to have the right assistance.

I highly reccommend Forex AutoMoney. This program uses the latest technology to assist you in making trades and teaches you all you need to know about the Forex market.

Don't go in unprepared.

Good Luck and Happy Trading!

Monday, May 18, 2009

Is Forex a Total Scam? You might be surprised!

Is Forex a Scam? The Shocking Truth Will Surprise You
By [http://ezinearticles.com/?expert=Mark_Whitner]Mark Whitner

When considering the question "is Forex a scam" the first thing that comes to my mind is the old saying "Never invest in anything that you don't understand." Follow this advice and you are unlikely to fall victim to scams. Another saying worth consideration: "If it seems too good to be true, it probably is." A third thing to remember is that you should know your risk tolerance and investment goals. Are you comfortable with the idea of losing your money? When will you need this money? You might be more risk tolerant at 20 than you would be a few years from retirement.

Foreign Exchange trading, or Forex, is the trading in international currencies. Is Forex a scam? The currency markets are a large and liquid market, attracting speculative short term traders. International currency markets are risky and reliant on rumors, world news, and politics. Foreign Exchange markets have been described as a zero sum game. There is a fixed supply of currency on the world markets and for one person to make money on a Foreign Exchange market trade, someone else must lose money.

There are two types of traders in Forex; market makers are the large banks and investment houses, and retail Forex brokers are smaller players. Cash FX is the shorthand name of the commodities traded. Retail Forex brokers can be the subject of scams. Although the market is legitimate and regulated by laws such as the Commodity Futures Modernization Act of 2000, it is common for people to lose money more than they gain. Broker's commissions, and sales of software programs and information are more surefire ways money is made in the realm of Forex trading. So the answer to the question "Is Forex a scam?" might be yes, and it might be no.

Forex Avenger is one of the best all around programs to succeed in Forex. There is another review of the program here: [http://www.squidoo.com/forex-avenger-scam]Forex Avenger Review Or if you're still unsure about which Forex program is right for you, be sure to check out [http://www.forexreviewbuzz.com?tid=ez]http://www.forexreviewbuzz.com to find the Forex program that's right for you.

Article Source: http://EzineArticles.com/?expert=Mark_Whitner http://EzineArticles.com/?Is-Forex-a-Scam?--The-Shocking-Truth-Will-Surprise-You&id=1832122
Posted by SHD at 11:46 AM

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1) Forex Auto Pilot

We back-tested this robot! Our overall results averaged about 47% profit every month (5,000% divided by 102 months which is 9 years)...

In live trading, you can see the proof this program offers(watch the video here) Since the video has been made, results have actually improved

This is definitley not a scam product. It does work, and has clearly been shown to allow you to make massive profits when used correctly.

If you're thinking about starting to trade Forex for yourself, and do not want a phony product, I seriously think you should consider FapTurbo.

4.5/5 Stars!

2) Forex MegaDroid Robot

This is simillar to FapTurbo. While not quite as popular, the MegaDroid Robot trades with deadly accuracy.
Building a robot to trade automatically is not very difficult, however it only works if it make profitable trade reliably. This is where MegaDroid Robot shine. It has proven itself over many years to be realiable, profitiable, and easy to use.
4/5 Stars
3) Forex Ambush

The Reviews are in on Forex Ambush. I have not personally reviewed it, but based on what I have heard and the cost I would recommend one of the other products. However, your experience may differ, you should at least check it out.

3/5 Stars
4)Forex Killer
Forex made easy. This sums up Forex Killer.

A scam? Definitley not! This might be the best program for a newbie who is trying to trade forex! I highly reccommend this one, however, I do suggest you look at these top 5 Programs and see which one best suits you and your budget.
4/5 stars

5) Forex Automoney
I quite like this program, as you can get started for as little as $4.95!
This might be worth your while for acess to the information you need before you spend a fortune on a robot or system that your not entirely comfortable purchasing.

5/5 start(it's cheap to get started!)