Yes! Really bad people are out there trying to make a dishonest living. However, unlucky for them, you are smart!<\/p>\n\n\n\n
You know that the only way to succeed in currency trading is to learn from square one and gain trading experience!<\/p>\n\n\n\n
Now say this three times out loud:<\/p>\n\n\n\n
\u201cI will not fall for no-risk robots! I will not succumb to guaranteed returns! Lastly, I will not be lazy and let someone else trade me lucky charms *cough* I mean my money for me!\u201d<\/p>\n\n\n\n
Now that we have that over with, let\u2019s close out with some questions our viewers have asked us countless times!<\/p>\n\n\n\n A:<\/strong> Easy. Be educated. Be smart. Know what a scam looks like. Anything that seems too good to be true usually really isn\u2019t true.<\/p>\n\n\n\n A:<\/strong> First and foremost, make sure the broker is regulated by a national agency. DYOR. Research, research, and do more research!<\/p>\n\n\n\n A:<\/strong> If your forex manager is yourself, yes! If not, I\u2019d exercise extreme caution. But if you\u2019re persistent and want to find out the hard way, do a background check and make sure the person has proper licenses and certifications.<\/p>\n\n\n\n You should find out if the person\u2019s forex activities are regulated and by whom. If the person is not regulated, you may be exposed to additional risks.<\/p>\n\n\n\n A:<\/strong> It\u2019s possible, but because they\u2019re usually built for a specific set of conditions, their profitability, and how long it may be profitable depends on the market.<\/p>\n\n\n\n Like human traders, they can go on long profitable runs, have a long string of losing trades in a row, or see-saw somewhere in-between.<\/p>\n\n\n\n If you take anything away from the school about them, just don\u2019t think they\u2019re a \u201cset-and-forget\u201d solution to trading; they must be monitored closely as well.<\/p>\n\n\n\n A:<\/strong> There are specific organizations depending on your location.<\/p>\n\n\n\n United States:<\/strong><\/p>\n\n\n\n CFTC: https:\/\/www.cftc.gov\/LearnAndProtect\/RedressReparations\/index.htm<\/a><\/p>\n\n\n\n NFA: https:\/\/www.nfa.futures.org\/complaintnet\/complaint.aspx<\/a><\/p>\n\n\n\n United Kingdom:<\/strong><\/p>\n\n\n\n FCA: How to complain<\/a><\/p>\n\n\n\n ActionFraud \u2013 the UK\u2019s national fraud and Internet crime reporting center: https:\/\/www.actionfraud.police.uk\/<\/a><\/p>\n\n\n\n Australia:<\/strong><\/p>\n\n\n\n ASIC: How to complain<\/a><\/p>\n\n\n\n Scamwatch: https:\/\/www.scamwatch.gov.au\/report-a-scam<\/a><\/p>\n\n\n\n Cyprus<\/strong>:<\/p>\n\n\n\n CySEC: How to complain<\/a><\/p>\n\n\n\n Singapore<\/strong>:<\/p>\n\n\n\n![\"Estafas](\"https:\/\/bpcdn.co\/images\/2016\/05\/graduation-forex-scams.png\" "\\"Estafas")
<\/figure>\n\n\n\nQ: How can I protect myself from fraud?<\/h2>\n\n\n\n
Q: How do I choose a forex broker?<\/h2>\n\n\n\n
Q: Can forex managed accounts be trusted?<\/h2>\n\n\n\n
Q: Are forex robots profitable?<\/h2>\n\n\n\n
Q: Who do I contact if I suspect fraud?<\/h2>\n\n\n\n
![\"Unicorn\"](\"https:\/\/bpcdn.co\/images\/2016\/05\/graduation-unicorn.png\" "\\"Unicorn\\"\/")
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