How do you make money currency trading when every broker is untrustworthy?
I really want to give currency trading a go but not matter how many brokers i look at reviews of they all seem to stop you making money
Public Comments
1. Get a real job.
2. Google: Forex Scam.
The scam is super easy to operate.
(I usually get thubs down for answer this since they love to advertise their sites here).
Learn how the scam operates and learn what to watch out for.
You could just go with reputable companies to solve this problem - easy fix.
From Kiplinger Magazine.
More than 90% of new forex traders lose money their first year out.
This statement should scare you.
Some brokers know this and they never invest your money - it just appears that way on screen and on paper. When you close the account at a loss, they make money.
3. I would never trust a broker for all the reasons mentioned here.
After trading stocks for years and doing ok, matching the market for the most but doing a little better I am thinking the same as you...how do I get started in the forex market.
I haven't initiated my plan yet but I think it will be 2 part.
1. Read as much free reputable guides/tutorials as I can
2. Start a free practice account and see if I will make/lose money
3. Start slow investing only a little money