Now, we will not say that Forex is dangerous because it is a high risk market and that losers lose a lot of money because they do not know how to use leverage properly. This is also a problem but it is another story.
The main reason why Forex trading may be a bad idea is because no Forex broker has a license. For the StsRoyal this is important now.
It’s even fun, but some of these bumps open bucket shops:
You make money trading Forex with the bump and it gives you the money. But you actually didn’t do anything, the money comes from some other “victim,” so to speak. In the beginning, all is well. But if someone makes too much money, the trickster will never pay, and then shit will happen.
In fact many of these “brokerages” you find out there are just that, bookmakers.
Obviously it’s only a majority but the risk is exactly that, there are a lot of dizzy people able to fall into this kind of thing.
The problem is, the guys who fall for these scams don’t even do that!
There are people who practically ask to lose money!
The man sees a super doubtful announcement:
Now, because of all this study and that insecurity that may never disappear no matter how much you know the business, it may not be a good forex real money trading. We should speculate without pressure, so it’s best not to worry about CVM and things like that.
In any case, this is no reason to totally ignore Forex because its brokers (the well-chosen ones, since the risk lies in choosing a junk broker) offer a big advantage to the beginners of speculation.