Forex market is a real magnet for the investors. This is a place where it is inherent to make 50% or even 100% per day - if you are lucky and expert enough.
But also Forex is a place where the scammers are waiting for their prey.
Forex Tips And Tricks
Beyond are some tips that will teach you how to be more cautious on the Forex investing market.
Never trust profit charts or historical data
Forex scammers can show you the so called "data based on trading history" which is basically some Forex trading strategy re-interpreted back in time on the historical chart info. This historic data can get "slightly optimized" - now you see the problem.
Do not trust testimonials on the site
Anyone can write testimonials; I can sit at the computer and create a list of 20 testimonials within a day. Unless the testimonial is written by real firm that has a phone number, Real address and has good standing status for a long time - any testimonial can be a fake.
Do not trust recommendations
Even your best friend can be fooled. Scammers have a support of money to pay of for 6-12 months and will pay off to make sure that this is a reputable firm that pays off. But this does not mean that shortly after you send the money the bubble does not burst out.
These is not the ultimate list of tips about how to make sure you are giving the money to a real company. You will get new tips shortly.
How to Avoid Forex speculation Rip Off
