What is a trade scam?

What is a trade scam?

What are forex trading scams? Forex trading scams are when criminals trick people into investing in fraudulent foreign currency schemes. They often promise once in a lifetime investment opportunities where traders can make high returns overnight.

How does the trading system work?

A trading system is based on certain settings with certain rules related to buying and selling in the financial markets. It obtains a statistical analysis of a number of trades and contains past performances that have generated profits from it.

Is forex a scam or illegal?

Each day, the currency market trades around $5 trillion. Forex fraud can cross the line into illegal behavior and can lead to criminal charges. If you are accused of participation in a Forex scam, you need to be vigilant about protecting your future and defending yourself in the best way possible.

Are trading bots legal?

Are Trading Bots Legal? Automated trading is a well-known and legal activity across most financial markets. Half of stock market trades in America are automated, and the process is 100% legal.

How is click money different from professional trading software?

Unlike a professional trading software which allows you to choose which assets the software trades, or which strategy to follow, the Click Money System has only one option to set, and that is the trade amount. The popular trading robots, offer many more abilities for risk management.

How much should I pay for a trading system?

Traditionally, many trading systems have been quite costly, up to $5,000 or more. This can be viewed as a scam in itself. No trader should pay more than a few hundred dollars for a proper system today. Be especially careful of system sellers who offer programs at exorbitant prices justified by a guarantee of phenomenal results.

How to tell if a forex broker is scamming you?

If the forex broker is commingling funds or limiting customer withdrawals, it could be an indicator that something fishy is going on. For instance, some brokers do not offer the normal two-point to three-point spread in the EUR/USD but spreads of seven pips or more.

Is there such a thing as a trading app?

You will not find the actual trading app they speak about in the video, because it does not exist. It is actually a fictional method used by money managers. See Most Popular Trading Apps, Click Here!