Scams in Forex

“If you purchase my 'End of the Rainbow' system, you will be able to make at least 100,000,000%!!!”

It's like locating the end of a real rainbow, but it's a lot less difficult!! With little risk, you can make a profit of a 100 pots of gold!

Don't fall for it!

You've probably heard or seen something similar on TV commercials, pop-up advertising on the internet, or even from your next-door neighbor.

I understand what you're thinking... This seems to be too wonderful to be true! I believe in leprechauns and consider myself lucky when I eat Lucky Charms cereal, but I'm not familiar with this concept.

Almost every time, nine and a half times out of 10.

IT'S A FRAUD!!!

One of the first things you should understand about the forex market is that, while it is fun and thrilling, there is no magic button that will turn your pennies into millions of dollars overnight.

You may have heard about the various FX scams that abound in the currency market.

They're all over the place!

People that are dishonest are continuously trying to deceive others.

People aren't as familiar with currencies as they are with stocks and bonds because the FX market is still relatively young.

This makes it easier for deceitful businesses and individuals to deceive the public into believing that making money trading forex is as easy as pressing a button with their “End of the Rainbow” system.

There is some good news.

First, the bad news.

Scams are real.

They are real, and they prey on those who believe they are immune to deception. If you are caught in a scam, you may lose all of the money you “invested.”

There is, though, really excellent news!

The following course will teach you about the various sorts of scams that exist, how to prepare yourself, and what to do if you become a victim of one.

We'll also go over the regulatory bodies that have control over scams.

Keep in mind that not all forex firms are terrible.

DYOR.

Do.

Your

Own.

Research.

You'll be alright if you just do your homework.