Trading currencies also known as Forex Trading has been identified as one of the most risky investment practices available to the public today. We here at Forex Forum began this site 5 + years ago as only new entrants as many of you, so we can help ourselves identify and avoid all the pitfalls that can wait for us at first startup. Have no allusions, this type of investing is not for everyone. In addition, a substantial initial deposit is often necessary to find yourself on an equal footing with other investors; It is our opinion that a minimum deposit of $ 50,000 is great when you first start your account manage fluctuations in both up and down or otherwise you may risk your entire account very quickly. There is also a term you must become familiar called lever that enables you to enter the trade with a small amount of money that control a larger amount of money in any business (1: 1 optimally leverage is preferable) which means for every dollar you risk, a dollar can be gained or lost. Some brokers, which does not qualify them as a "scam" necessarily offer a 500: 1 leverage, leverage of 50: 1 is the maximum available. Other pitfalls include High Yield Investment frauds, high-leverage/low deposit scams scams, useless Software scams, scams, expert consultant and many more who happily point out to you all of this site.
Forex Forum has no desire to see any new trader loses its capital, we are bound to any corporation, broker, creator of software or anything that asks you for money, rather we are in existence for traders of all levels to simply discuss and ask any question or concern that may come to mind in your daily trading. We are one of the forums just don't spam with any type of advertising or make statements that are not true about the market that may adversely affect your ability to negotiate.
That said, Forex trading is not for everyone and please don't think trading with as little as $ 1000 or even $ 10,000 you will earn a fair wage, consisting in this market. Forex Forum is dedicated to arming the public who is interested in trading with tools that will help you in your attempts to thrive and do not fail in business.
We are committed to highlighting the many scams that certainly exists in this market and will stop at nothing to help traders of any experience level to avoid them. Forex Forum makes no monetary gain or any kind of support from third parties by guiding you in any direction that can put your capital at risk. These risks exist for you and the owners of this forum, who earn a living trading and not from this forum. We invite all users before you use this website to visit our disclaimer and risk warning full as our page dedicated to the many Forex Scams in existence that wish with all my heart that he would avoid before you invest a dollar in this market.
In addition, our merchants are here to help you recognize any mistakes you think you've made and highlight why they occurred so that you cannot repeat.
Forex Forum is one of the only sites that are free from sponsorship that has the ability to help any member of the public to succeed in this area where many hardly anything, but fail.
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