FAQ: People are Asking

Is Forex a Scam?

Forex is not a scam, but there are numerous scams associated with forex. Forex trading is a legitimate business that can be profitable, but can also result in extensive loss of funds. A forex scam can be failure to return money owed to traders such as when you wish to withdraw funds or terminate an account, a lack of transparency in the pricing and execution of transactions, unresponsiveness to customer complaints, and the targeting of vulnerable individuals.

What should I look out for?

How to get started in forex trading?

Can anyone trade like a Forex Professional?

What is currency trading?

How much do currency traders make?

Contract for Difference-What is it?

Why is forex risk management important?

What are key features I should look for when choosing a broker?


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22 comments on “FAQ: People are Asking

  1. I did trade with UFX markets, but I can’t withdraw my money from account, who can help me in this situation, they are cheating me.

    1. CFD trading gives you a wider choice of products to access in the financial markets.
      Whether you have insights into agriculture, energy products, global currencies or equities, you now have easy access to trade them.

    1. You buy something with your money that could increase in value. You become an owner of something that you hope increases in value over time. When you need your money back, you sell it, hoping someone else will pay you more for it.

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