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The Forex industry has grown enormously, unfortunately, it has literally been taking over by scam artist who's only goal is to deceive enough traders into buying something from them that they can make a living on it.
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Watch out for the Scammers in the Forex industry
Dear Trader,
The Forex industry has grown enormously, unfortunately, it has literally been taking over
by scam artist who's only goal is to deceive enough traders into buying something from
them that they can make a living on it.
It's alarming, how more and more of these pathetic liars and scam artists are popping up
with ridiculous products and methodologies that will NEVER work. Yet, they convince
enough people to buy their lousy product so they can live another day.
Since the Forex is an industry that is about making money, it has attracted so many of
these scammers and it's amazing how many people fall for their crap. Though I guess if
you don't know any better or don't have years of experience in the markets, it's easy to
believe that they might have really found a holy grail or black box system that works, so
I can't blame folks for buying into it.
But take it from me... They have not.
All they want is to pry 97 or 47 dollars from you and leave you with something that will
only lose you more money.
I am not saying every Forex company that has a product must be a liar and a scammer.
Having years of Forex Trading in the industry, I know of a handful of really good
companies who provide services that actually help traders.
However, the overwhelming majority of Forex companies out there were just created to
market something. They have no idea how to trade Forex and they probably don't even
know what they are selling... All they know is that if they can sell enough of their
product, they can make good money without trading—and that's just wrong.
Please be careful about these rip-off scammers. If they have a one-page site that only
sells a product or are promising 100% returns per month, or selling you the holy grail for
47 dollars, do not buy into that. Leave right away.
I am so sick of hearing about my subscribers being ripped off by these liars and
scammers. I do not want to see any more traders losing money they can't afford on lies
and false promises.
Remember, it’s your money on the line.
For me a healthy relationship with a brokers is imperative, and when it comes a personal
relationship the better.
Customer services is on top of my list. You must have trust in your broker, because you
don’t want to lose your hard-earned money. Watch out for fly-by-nights. Fortunately, I
have done that for you, and only recommend Brokers that I have a personal and healthy
relationship and whom I trust. They are not scammers.
Why do I give you options. It will help you to diversify and customized your Trading.
Brokers offer a very wide variety of services and products, and you must feel
comfortable. Otherwise, you can’t trade with ease. If you comfortable with your current
brokers, I am happy, but will also recommend looking at the Brokers I recommend just
to expand your horizon.
Please forward to your friends. Thank you
"Have a peaceful, purposeful, happy, and profitable day” Pierre A Pienaar Count Your Blessings Every Day
P.S. I recommend these Forex Companies:
1. XM (Trading Point)
2. Windsor Brokers
3. Forex Club International
4. Easy Forex
Clarification: Yes, I get paid if you open an account.
“Have a peaceful, purposeful, happy and profitable day”
Pierre A Pienaar Xcelwealth Store - Business & Investing
-----
I retired in 2011 from trading and business.
I would like to share my passion, my interests, knowledge & experiences in Forex,
Options, Gold Investments, Futures, Stocks, Binary Options, Economics, Life-long
Trading Education, Finances, Business, Stamp Collection, Sports, Gardening, Reading,
Photography, and Politics
Join me at: http://www.facebook.com/pierrea.pienaar https://twitter.com/pienaar_a http://www.goodreads.com/user/show/2580802-pierre-a-pienaar http://resourcesindependenttrader.blogspot.com http://www.viadeo.com/profile/0021ok1u4iwg7pwc https://www.xing.com/profile/PierreA_Pienaar?sc_o=mxb_p http://www.slideshare.net/PierreAPienaar https://plus.google.com/103487646835776536221/about
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Please consider the environment before printing this message.
Substantial risk of loss
There is a substantial risk of loss of stocks, forex, commodities, futures, options,
and foreign equities are substantial.
You should therefore carefully consider whether such trading is suitable for you
in light of your financial condition. You should read, understand, and consider
the Risk Disclosure Statement that is provided by your broker before you
consider trading.