why the sudden increase of Forex topics in this board.

[deisik]

Very simple: There's a guy that is trying to promote his paid forex trading service.

All forms of trading activity involve significant risk. People that want you to believe otherwise are either completely incompetent or trying to scam you. There is no easy way to generate big gains with Forex or Altcoin, especially not with basic knowledge of widely promoted indicators. Professional traders use highly sophisticated trading systems and have high-speed market access. And even those are not always winning.

In general it makes no sense to engage in trading. You can just buy and hodl Bitcoin instead. This way you can avoid stress and will still participate in Bitcoin gaining purchasing power without lifting a finger.

ya.ya.yo!

Yeah this is the main reason why there are forex topics that are coming from nowhere to simply promote his paid service. They are claiming that they are professional traders and they are noting that they are not giving assurance that your money will grow by just simply using their service. Yes, holding bitcoin is better than getting engage in forex for a lot of forex scheme investments are just coming out and doesn't want to help people but wants to scam them.

you haven't checked my thread and you say scam. if any service gave assurance you would all be rich. no risk no reward

I'm not pointing out to you mate, I'm sorry if I mistakenly said that but I didn't said that all forex traders, investments are scam. Because I have a friend that has been a victim of forex broker. And  I've checked out your thread and it seems that many are happily earning with your service. And you are right with it, no risk, no reward.

Once I investigated this question when I was searching for trading opportunities, and learned that some top banks in my country were actually offering Forex brokerage services. I have no doubts that they would be "honest", though they evidently don't need to be real Forex brokers due to their sheer size. I mean to say that they could just settle the majority of the trades internally without actually selling or buying currencies on the Forex market itself (or anywhere else, for that matter)...

And the margins they offered were suicidal unless you literally had millions of dollars

[Doamader]

Forex does atract several interest over the currencies changes, people had thinked just bitcoin is very volatil, the forex market does change daily around 1000 pips, if you able to find the direction as looks like there is a person able to find those you can make easy money, but forex its the most risked way to try to get an income or generate it.

[tabas]

Very simple: There's a guy that is trying to promote his paid forex trading service.

All forms of trading activity involve significant risk. People that want you to believe otherwise are either completely incompetent or trying to scam you. There is no easy way to generate big gains with Forex or Altcoin, especially not with basic knowledge of widely promoted indicators. Professional traders use highly sophisticated trading systems and have high-speed market access. And even those are not always winning.

In general it makes no sense to engage in trading. You can just buy and hodl Bitcoin instead. This way you can avoid stress and will still participate in Bitcoin gaining purchasing power without lifting a finger.

ya.ya.yo!

Yeah this is the main reason why there are forex topics that are coming from nowhere to simply promote his paid service. They are claiming that they are professional traders and they are noting that they are not giving assurance that your money will grow by just simply using their service. Yes, holding bitcoin is better than getting engage in forex for a lot of forex scheme investments are just coming out and doesn't want to help people but wants to scam them.

you haven't checked my thread and you say scam. if any service gave assurance you would all be rich. no risk no reward

I'm not pointing out to you mate, I'm sorry if I mistakenly said that but I didn't said that all forex traders, investments are scam. Because I have a friend that has been a victim of forex broker. And  I've checked out your thread and it seems that many are happily earning with your service. And you are right with it, no risk, no reward.

Once I investigated this question when I was searching for trading opportunities, and learned that some top banks in my country were actually offering Forex brokerage services. I have no doubts that they would be "honest", though they evidently don't need to be real Forex brokers due to their sheer size. I mean to say that they could just settle the majority of the trades internally without actually selling or buying currencies on the Forex market itself (or anywhere else, for that matter)...

And the margins they offered were suicidal unless you literally had millions of dollars

I'm thinking if it origin from banks services and they are more trusted rather than with those people who I am saying that is just making forex as a source of their bad intent.

snip

yes some do you can't tell if they go rogue. i have a broker which owes me a good sum.

Do you disclose or tell us here how much your broker owes you? I'm a bit interested about debts and everything about brokers but if not, that's fine.

[d@nte]

Most people that buy bitcoin/ altcoins are doing so as a form of investment.
(Unless they are just buying drugs on the darknet or something.)
So you are going to naturally attract the type of person that may become interested in forex investments.
Many coin traders also invest in stocks, bonds, forex, commodities and probably a few things I'm not thinking of.

And the fact that the cryptocurrency space attracts people with varying interests it's a good thing for the ecosystem, because this increases the network effect and creates more demand for Bitcoin, and at the same time allows forex people and other investors to start adapting and using a currency different from fiat currency.

[Shiroslullaby]

And the margins they offered were suicidal unless you literally had millions of dollars

Most institutions like banks set fees like this purposely because they really don't want to waste time unless you are investing millions.
It's just not worth it for them to handle the account unless the fees they make are worth their while.

I'm interested to see what services people are using for forex trading if you are only talking about a few hundred/ thousand dollars,
and the fees that you are paying for this type of service.

[pooya87]

Very simple: There's a guy that is trying to promote his paid forex trading service.

All forms of trading activity involve significant risk. People that want you to believe otherwise are either completely incompetent or trying to scam you. There is no easy way to generate big gains with Forex or Altcoin, especially not with basic knowledge of widely promoted indicators. Professional traders use highly sophisticated trading systems and have high-speed market access. And even those are not always winning.

In general it makes no sense to engage in trading. You can just buy and hodl Bitcoin instead. This way you can avoid stress and will still participate in Bitcoin gaining purchasing power without lifting a finger.

ya.ya.yo!

Yeah this is the main reason why there are forex topics that are coming from nowhere to simply promote his paid service. They are claiming that they are professional traders and they are noting that they are not giving assurance that your money will grow by just simply using their service. Yes, holding bitcoin is better than getting engage in forex for a lot of forex scheme investments are just coming out and doesn't want to help people but wants to scam them.

you haven't checked my thread and you say scam. if any service gave assurance you would all be rich. no risk no reward

I'm not pointing out to you mate, I'm sorry if I mistakenly said that but I didn't said that all forex traders, investments are scam. Because I have a friend that has been a victim of forex broker. And  I've checked out your thread and it seems that many are happily earning with your service. And you are right with it, no risk, no reward.

Once I investigated this question when I was searching for trading opportunities, and learned that some top banks in my country were actually offering Forex brokerage services. I have no doubts that they would be "honest", though they evidently don't need to be real Forex brokers due to their sheer size. I mean to say that they could just settle the majority of the trades internally without actually selling or buying currencies on the Forex market itself (or anywhere else, for that matter)...

And the margins they offered were suicidal unless you literally had millions of dollars

the issue with topics or brokers or websites,... that are talking about this kind of investment is that they are always giving numbers and writing long essays about why you need money and profit and how big a amount you can make.

they never talk about risks, they never tell you that you must have some basic knowledge of market, analysis and know how or why prices change to be able to speculate yourself. and they all sell "signals" with the warning that it is risky so that if their prediction went down they can say i told you so.

[buwaytress]

Very simple: There's a guy that is trying to promote his paid forex trading service.

All forms of trading activity involve significant risk. People that want you to believe otherwise are either completely incompetent or trying to scam you. There is no easy way to generate big gains with Forex or Altcoin, especially not with basic knowledge of widely promoted indicators. Professional traders use highly sophisticated trading systems and have high-speed market access. And even those are not always winning.

In general it makes no sense to engage in trading. You can just buy and hodl Bitcoin instead. This way you can avoid stress and will still participate in Bitcoin gaining purchasing power without lifting a finger.

ya.ya.yo!

Hit the nail on that one. I think the "safest" (don't read that as no risk, please) method for a newbie or beginner now is not to jump into trading, be it forez or bitcoin. Forex talk has been the hype for over a decade now but it really is something that needs patience and an appetite for risk.

If you belive there is a chance for crypto to make it big in the long term future, then just earn or buy some, collect as much as you can easily and continue life as normal.

Hopefully wake up one day and find btc is suddenly worth three times it is today.

Yayo, hello by the way if that's you=)

[deisik]

Once I investigated this question when I was searching for trading opportunities, and learned that some top banks in my country were actually offering Forex brokerage services. I have no doubts that they would be "honest", though they evidently don't need to be real Forex brokers due to their sheer size. I mean to say that they could just settle the majority of the trades internally without actually selling or buying currencies on the Forex market itself (or anywhere else, for that matter)...

And the margins they offered were suicidal unless you literally had millions of dollars

the issue with topics or brokers or websites,... that are talking about this kind of investment is that they are always giving numbers and writing long essays about why you need money and profit and how big a amount you can make.

they never talk about risks, they never tell you that you must have some basic knowledge of market, analysis and know how or why prices change to be able to speculate yourself. and they all sell "signals" with the warning that it is risky so that if their prediction went down they can say i told you so.

This is one thing, but there is also another

True brokers are interested in their clients staying profitable as long as possible, since they earn not from the money lost by the trader but from the commissions he pays on every trade made. In this way, the longer he stays in trading, the more profits he will be bring to the broker. Forex frauds, on the other hand, earn directly from the money lost by the trader, since he is basically trading against the broker (or the house, which would be a more proper term in this case). That's why they are interested in his losing, and that's exactly the reason why they not just offer insane leverage but in fact make you use it

[machinek20]

I think that they want to drag people to trade forex, because they keep convincing the bitcoin traders that forex and crpto currencies trading is the same and forex can earn more than crypto currencies, but i think forex got more risk than crypto currencies because as i know you can't start trading forex with small amount

[deisik]

And the margins they offered were suicidal unless you literally had millions of dollars

Most institutions like banks set fees like this purposely because they really don't want to waste time unless you are investing millions.
It's just not worth it for them to handle the account unless the fees they make are worth their while

It is not about fees actually, it is about leverage, i.e. the amount of money you should borrow from the broker to open a position. For example, a broker says that you can start trading with just 100 dollars while in reality the minimum lot with which you can trade is 10,000 dollars, otherwise known as mini-lot (full, or standard lot is about 100,000 dollars). In this way, to be able to trade through such a broker, you would have to use a leverage of 100:1. That basically means that if the price changes more than 1% against your position, you will get a margin call...

And your account gets wiped away unless you add more funds to it

I'm interested to see what services people are using for forex trading if you are only talking about a few hundred/ thousand dollars,
and the fees that you are paying for this type of service.

You can rest assured that the leverage will be particularly insane