Let’s Talk About Scams Part 1
Scams are a real pain on the internet, and as you know, the purpose of our blog is to avoid the costumer (in this case you) some bad surprises… Anyway, in this little post we’re gonna talk a bit about the big market that Forex Scam represents… Finally discover how to avoid forex scam !
I could talk about scams for hours !! Indeed, as a reviewer I have to buy a lot of forex products and believe me I would be able to write an entire blog with all the forex scams I’ve found…
The biggest problem with all the forex services available on the internet is that you’ve got plenty, plenty, plenty of products and by the way, a lot, a lot, but a lot of scams…
The other problem is that you’ve got so much so called “reviews” written by people who haven’t even buy the product they talk about but promote it only to make money… And trust me those people are ruining serious people business who are trying to work effectively in order to publish unbiades reviews.
I would say that around 60-70% of forex products that you can find on the internet are scams… And it is the same problem all over the internet. If you take for example the marketing business market, once again almost 80% of the services available are stuff created by scammers who want to make money, and the only thing that will happen to you, is that you’ll lose money…
Many times, here’s what happens concerning any forex product… A costumer decides to buy a method or an EA, or an indicator, then he tries it on demo account during a very short while and he’s so happy to see that he gets some positive results that he decides to use the product on a real account most of the time using a small starting capital… And from this moment on the same thing happens : the product hasn’t been tested during a long time enough (1 or 2 months) and it reveals its true nature on the real account when this one hit the $0 bottom…
So just this message to tell you to really be careful in terms of choosing the forex products you want to buy and then, try them on demo account for at least one month… That’s the key to find out if a product is or isn’t THE good one for you…
Samuel.
I still do not see any way to stop the scammers except through sites like yours that reveal them to anyone who reads it.
Now if we could just get more people to read!!
Thanks Seer for your comment ! I really appreciate… Of course, it will be great when a lot of people will be coming over the website… Anyway, i still hope it will happen someday ! Thanks again, that’s very kind !
Samuel