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Thread: Is forex safe

  1. #1
    Martin is offline Banned
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    Default Is forex safe

    It depends upon various substances. In case you pick a wrong broker, your wander is at gigantic risk. If you can make sense of how to put your trade out a strong and trustworthy broker.

  2. #2
    Ajes is offline Member
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    The safety of your money in Forex is not just about the broker use, it is also about how you use your money. If you do not have a trading plan and no risk management system, you don't need a bad broker to lose all your money. Choose a trusted broker and know how to trade as well.

  3. #3
    Billy Watson is offline Junior Member
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    This depends on the broker you work with. If you find any random broker, it is quite obvious that you will be in trouble. But if the broker is good then I believe Forex is completely safe and secure business to work.

  4. #4
    Angel candy is offline Senior Member
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    I do not understand why people think that Forex is not safe. Every business are having some good side and bad side, same in Forex. Not every person can success here.

  5. #5
    Andros is offline Junior Member
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    If you choose to be greed and enter trades without proper analysis, your money is at great risk. Also, if you fall for cheap scam brokers or vendors, you are responsible for it. Don't be a victim.

  6. #6
    Angel candy is offline Senior Member
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    Forex is safe if you are really want to do this work, Because to survive here you need control over your mind. It is risky no doubt but you can manage it if you know the trick.

  7. #7
    Milito is offline Member
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    Forex is safe, but your money will be at risk when you trade the wrong way. Also if you use a bad broker, you'll lose all your money. So, Forex is safe generally, but it is risky.
    I would rather not waste any time with a demo

  8. #8
    Angel candy is offline Senior Member
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    Trading is safe in Forex, but you are going to risk your money in market, safety is in your hand, that whom you trust and how you deal.

  9. #9
    Billy Watson is offline Junior Member
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    Forex is safe as long as you have good plan and method while having a quality and reliable broker too matters. So if our broker is good, I feel it will be safe for us but if our broker is not trustworthy, then it will be risky always for us.

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