Quote:
Originally Posted by Copernicus
There seem to be a lot of scams out there. I think that is true of any type of investment vehicle including real estate, hedge funds, stocks, ipo's, etc. for some reason forex has become synonymous with scams.'
thanks for the info, bro
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Hmm, true. I think the issue here is that the forex market is a less regulated market combined with the fact that it is fairly new - at least the retail trading aspect of it. Given time retail traders will grow wiser and demand greater safety and oversight from retail brokers. Also I think retail traders should seriously avoid dealing desk brokers - if they can.