WHY MOST OF THE FOREX TRADERS AND INVESTORS GET SCAMMED?

  • April 25, 2021 11:30 PM PDT
    It is obvious how the rate of traders and investors are becoming
    increasingly every day around the world, but the question is doe they
    mostly succeed in escaping from scammers ? As well for the investors do
    they really get their ROI and the profits from the trading company ?.
    Absolutely not, rather only few traders are escaped and are safe from
    scammers which is mostly as a result of their carefulness and and
    knowledge of the field. Such traders or investors doesnt just begins any
    investment as the case of investors with any ponzi investing company or
    trading with any brokers as the case of forex f traders unless they are
    verify and confirmed legitimacy of that company or brokers.To get more
    news about [url=https://www.wikifx.com/za_en/dealer/7101709423.html]WikiFX[/url], you can visit wikifx.com official website.



      Forex trading or marketing is a legitimate trading where the
    world‘s currencies are traded. It’s not a scam in itself. Without the
    forex market it would be difficult to trade the currencies needed to buy
    imports, sell exports, to go ok holidays or do some other online
    business. However, with high leverage, options which, in theory have the
    potential to make traders a lot of money and because there is lack of
    centralised / regulated exchange, scammers take advantage of the
    situation and the inexperienced traders.

    In the case of traders, scammers take many advantages to win against
    them by claiming to be an expert traders Capable of making huge profits
    to traders and therefore requesting Forex traders to give their MT4 or
    MT5 trading accounts to them, also traders get scammed by fake brokers.



      In the case of investors, majority get scammed after confirming
    their first profit of investment from the company and therefore that
    will draw their attention to invest more and that may lead to getting
    their money hold by the scammers, investing is not scam in itself, but
    getting a verified and legit investing company is the key to successful
    investment. While some investors couldnt even get the chance of getting
    their shares after investing and therefore become the victims of the
    scam company.



      But all these scam cases are in most times as a result of Forex
    traders or investors negligence and poor experience with lack of
    consultation also. To know more about the brokers information,
    legitimacy and identity or investment company before transaction with
    any, in order to prevent yourself from becoming victim of scammers, its
    recommended to always consult, check and also make an inquiry about the
    company or the brokers at WikiFX (Global Forex Broker Regulatory Inquiry
    App ) with over 26000 plus brokers listed and collaborating with 30
    regulators.