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Question: I want to forex trade online but there are so many scam sites out there. what can i do to avoid being duped?

(Posted by: woodle on 2009-11-16 02:47:26)

Posted by: Livermore on 2009-11-16, 17:33:39

Start by free websites like the ones I'll place on the sources. Avoid any empty promises about huge profits without risks, and make sure you practice on a demo account for some time.

Posted by: Calvin on 2009-11-17, 00:35:18

Try this site..it could help you.. currency-trading-tutorial.net/

Posted by: weebler76 on 2009-11-17, 00:58:12

Oanda.com is a real one and they don't require you to invest a lot either.

Posted by: poison on 2009-11-17, 01:29:23

Only go with those brokers which are accredited with a financial institution. such brokers are listed at forexnode.com/ brokers/

Posted by: The Geek on 2009-11-17, 18:31:19

For brokers, there are 101 types out there. As a general guide, go for REGULATED brokers and read objective reviews around. You can even go NFA website to check on any compliants on US regulated brokers. I personally use IBFX. Remember cheap is not always good. If something sounds too good to be true, it is probably a scam. FOREX IS NOT A GET RICH FAST GAME :) If you are new to forex, you can read forex articles for newcomers at my blog. trade safe and cheers

Posted by: www.systemsfortraders.com on 2009-11-18, 04:19:11

You can start by reading a selection of our reviews. All of our review are 100% honest and independent and to back this up, if we like a system we actually trade it and we report every trade in our online journals. We are not saying you will find a system/ service to suit you but if you are considering a system/ service and we have reviewed it - it may help you in your decision process (to avoid being scammed/ duped).

Posted by: Gigi on 2009-11-19, 00:55:37

If you are a beginner, i suggest you to use Marketiva, which is a very good platform to start trading with and very easy to use. Marketiva gives you 5$ real to start trading so you don't have to deposit and if you made profit from it you can cash out, this is why it's very good for beginners. Their platform is very easy to use and they have support during trading hours for your questions, doubts etc. They also have chat channels where you can talk, exchange opinions and ideas with traders of your country or international traders. To open your account please visit marketiva.com/ index.ncre?gid= 3371