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Is It A Forex Scam Or Real?

A company is inviting members of the public to invest their money in FOREX trading. At the end of each month, investors are to be paid 100% interest on their investment minus 10% inland revenue tax. Marketing pros and others, pls advise: Is this a scam or can it be done with all honesty in Naija?

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23 answers

Forex brokers and companies offer a lot of bonus programs and advertise their too-good-to-be-true services to lure clients. If it's too good to be true, it probably is a scam. You need to be cautious.

I myself is trading forex for 3 years, and I had been a victim of such scam before. I am trading now with Alpari and they are good so far. You my want to check them out.

https://alpari.com

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I have just emailed you. Here is my email: itsefinancialgroup@gmail.com

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I need an experience trader that can manage an account of about 5million, if interested mail me @ franky044@yahoo.com

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FOREX trading is a very good business and the secret of FOREX trading is compounding.

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A company is inviting members of the public to invest their money in FOREX trading. At the end of each month, investors are to be paid 100% interest on their investment minus 10% inland revenue tax. Marketing pros and others, pls advise: Is this a scam or can it be done with all honesty in Naija?

HELLOOOOOOOO KNUCKLE HEADS. NO LEGITIMATE COMPANY IN THE CIVILISED WORLD CAN GUARANTEE 100% INTEREST IN ONE MONTH. IF ANY OF YOU FEEL LIKE THROWING MONEY AWAY, PLEASE KINDLY DONATE IT TO ME. THANKS.

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@ Steaming

do you use Robots, or do you know anyone that uses Robots

Which of them do they use.

How is their performance like?

thanks

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@opsydudu, truest talk!

if u cant trade urself, give to a prof to trade for u and give u, ur interest.

FOREX IS REAL!!!!!!!!

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forex trading is not for everyone. 95% of traders loose for the 5% to win.

newbies be warned! it is a no go area if you don't have the right knowledge.

Been there, done that for 3 years and i will tell you from my experience that forex

trading is the best shortcut to making real money if you know what you are doing.

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@ real

I think ur words are so ture , but sumtimes it hard to believe . u know why ?

majority of the corrupt minded human beings have painted the good ones with bad colors , if u know what i mean ,

but u sound different

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you guys should attach your one week trading records lets see first.

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FOREX IS GREAT. BUT IF ANYBODY TELLS YOU HE CAN TRAIN YOU, ASK HIM FOR THE FOLLOWING:

1) A STUATION WHERE THE ACCOUNT ( DEMO OR LIVE) USED IN TRAINING YOU GROWS IN PROFIT OVER THE PERIOD OF THE TRAINING.

2) 100% MONEY-BACK GUARANTEE  (in case his pattern falls short of his claims).

3) HANDS-ON PRACTICAL TRAINING.

4) HE MUST BE PLACING BUY/SELL ORDERS WHILE HE TRAINS YOU.

5) GOOD RISK MANAGEMENT SKILLS

I HAVE LOST MONEY TRADING FOREX BEFORE AND THAT FORCED ME TO JOIN A LONG TERM PRACTICAL RESEARCH WHICH WE (4 STUDENTS, A PASTOR & A GLO SENIOR STAFF) JUST CONCLUDED.

THE STRESS WAS WORTH IT 'COS IT HAS GIVEN ALL OF US A BETTER INSIGHT ON HOW TO DO AWAY WITH THE FOLLOWING: FEAR, INDISCIPLINE OF THE MIND, LACK OF CONCENTRATION. I TELL YOU THESE ARE AMONG THE MAJOR THINGS THAT AFFECT TRADERS TODAY.

SINCE AFTER THIS RESEARCH, I TELL YOU, FOREX IS WORTH DOING. IT IS A GREAT BUSINESS. AND I HAVE TAKEN MY TIME NOT TO TALK SO MUCH ABOUT TRAINING PEOPLE DUE TO THESE SCAMMERS THAT TAKE DELIGHT IN RIPPING THE UNSUSPECTING.

I MAY NOT HAVE ALL THE BIG MONEY TO TRADE IT NOW, BUT I JUST HAVE TO KEEP TO WHAT I KNOW AND KEEP WORKING HARD TILL I ARRIVE WITH THE FINANCIAL CAPACITY TO TRADE IT THE WAY I WANT.

ONE OR TWO PEOPLE HAVE APPRAOCHED ME FOR TRAINING. I DID, ACTUALLY, FOR

N25, 000 / WEEK + 2 WEEKS DEMO TRADING- MAKING IT THREE WEEKS. JUST TO BE SURE THEY DON'T DERAIL.

I WANT TO TELL YOU THAT IF YOU KNOW HOW TO TRADE FOREX, YOU MAY NOT NEED TO ADVERTISE YOURSELF. PEOPLE WILL KNOW.

MOST OF US WHO REALLY KNOW HOW TO GO ABOUT FOREX TRADING DON'T REALLY HAVE THE CAPITAL TO START IT, YET WE ARE NOT IN A HURRY 'COS WE WILL GET THERE. AND WHEN PEOPLE LOOK AT YOU THE NEXT QUESTION YO GET FROM THEM IS,  "IF YOU KNOW FOREX AS YOU SEEM OR CLAIM, HOW COME YOU ARE NOT RICH YET?"  BUT WE ALL KNOW THAT IDEAS AND MONEY, SOME TIMES DON'T COME TOGETHER.

DON'T ALWAYS BUY THE IDEA OF SOMEONE TRADING FOR YOU. LEARN TO CATCH FISH YOURSELF. IT IS WISER.

I WILL BE GLAD TO ASSIST ASPIRING TRADERS - NEWBIES OR OLD HANDS - WITH THERE QUESTIONS.

MY NUMEBER: 0805 043 2278

EMAIL: realbrowny@yahoo.com

YAHOO! MESSENGER: realbrowny

THERE WAS AN INSTANCE WHERE A NEW TRADER, AFTER SOME SEMINAR AT TRIANGLES IN IKEJA, OPENED A LIVE ACCOUNT AND WAS ALMOST ERASING HIS FUNDS. HE CALLED ME AFTER A POST ON BESTWAYTOINVEST. I INVITED HIM TO A CYBER CAFE AROUND OGBA. MADE HIM KNOW IT IS NOT A CRIME TO LOSE MONEY IN FOREX TRADING, I TOO HAVE GONE THROUGH THAT BEFORE AND MOST EXPERTS TODAY - IN NIGERIA AND ABRAOD - HAVE LOST MONEY IN FOREX TRADING, TOO. BUT THE CRIME IS WHEN YOU FAIL TO LEARN FROM YOUR MISTAKES AND ACCEPT FAILURE.

THE REASON ABOVE IS EVEN THE MORE REASON WE (RESEARCH TEAM) WORKED VERY HARD ON RISK MANAGEMENT SKILLS TO BE ABLE TO CUT LOSSES AS EARLY AS POSSIBLE AND ALLOW PROFITS TO RUN. IT IS ALSO VERY IMPORTANT YOU DECLARE YOUR PROFIT LIMIT, BUT WHEN THE MARKET OPENS THE SKIES, YOU LET IT RIDE.

I OFFERED HIM THE 100% MONEY-BACK GUARANTEE, HE PAID AND WE WENT INTO BUSINESS. EACH TIME I HAD TO PLACE A CALCULATED TRADE, I DID ON HIS LIVE ACCOUNT AND HE MADE $100 OUT OF HIS $600 BALANCE THE FIRST DAY. MAKING $700. BY THE TIME THE TRAINING WAS OVER (THREE WEEKS), HE LEFT WITH $1,451. THERE WERE LOSSES, BUT THEY WERE LIMITED AND HIS ACCOUNT GREW INSTEAD.

LAST LINE: IF YOU MUST HUNT THE LION DOWN, YOU MUST LAY  ARMBUSH. IF YOU CHASE THE LION AROUND, YOU STAKE YOUR LIFE AND NOT THE BULLET ANYMORE.[/i]

        For Three Good Months:Below Is An Account Where The Pattern We Developed Is Being Used.[i]

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Eastern,

I so much enjoyed the advice you are giving out there.

A lot of people are so vulnerable to the get rich quick

schemes that fly all over the place.

the truth is that Forex is a good money maker but

it should be treated like any other business around.

-----------------

Get a laptop for N15k in Nigeria

Visit http://infocashtank.com/laptop

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@ poster

FX is real. It is a biz that takes time to learn. The advise is you dont invest money you canm't afford to lose.

Guys who promise big payoff are I think people who have unbalanced life and looking for all means to get it balanced. No wonder some Fx broker restrict Nigerians

Mister, shine ya eye

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yea,

We have so many scammers here in Nigeria fallaciously using FX training to scam newbies off their cash and at the end, they make the case even worse by handling over the deadly machine to them called "FX Robot" telling them they don't need to work to earn using the killer robots.

I have had series of complain in my office by some of these preys/victims, after impacting jargons into their heads, their so called FX professional scams encourages them to throw their hard earned dollars into the FX  market without proper know-how, adding pepper to their injury by complimending them with robots.

If you are hoping to make it in FX with robots, better think again, cos that lil money you think you have gotten using that robot will soon be whisked off by the same robot.

So shine your eyes

[url=http://bizstuffs.com/index.php/board,57.0.html]JOIN MY FREE FOREX ACADEMY AND LEARN HOW TO TRADE FOREX FEARLESSLY[/url]

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@ swit D,

You are pretty right there, not withstanding the fact that the subject matter is very real and could be used as a medium of building massive wealth, a lot of scammers has been using this genuine business fallaciously to lure the newbies into heavy gambling and consequenstly loosing their capital.

Now tell me, If you were wrongly given the picture of how true Forex business is being done and you lost your hard earn dollars as a result, wont you say the business is not real or it's a scam?

A lot of people today go into FX training because they want to recoup the money they have lost in the market as a result of their inadequate knowledge of Forex trading; they impact that same wrong info that put them in deep poo into another innocent candidate.

The truth is FX trading is just like every other business that requires a proper understanding, strict adherence to the law guiding the fx market and proper planing and patience.

BELIEVE ME OR NOT, IT DOESN'T PAY TO BE A RISK TAKER IN THIS FX BUSINESS.

If you want more reason let me know

[url=http://bizstuffs.com/index.php/board,57.0.html]JOIN MY FREE FOREX ACADEMY AND LEARN HOW TO TRADE FOREX FEARLESSLY[/url]

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To be realistic, a lot of people are turning FOREX trading into scamming. I'm not really surprise. I knew from the starting, that in no time forex wud become a business of scamming. But to be honest, FOREX is so real . just that a lot of liars already corrupt its image.

But forex is Real ,

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@ eastern

''A lot of people today go into FX training because they want to recoup the money they have lost in the market as a result of their inadequate knowledge of Forex trading; they impact that same wrong info that put them in deep poo into another innocent candidate''. I think u have said it all. The lil secret behind it is, Majority of all our so called forex professors in Nigeria are just scamming the newbies . The truth is that, they ain't trading using a live money , yet they would encourage the newbies to trade using their live money . Well, to be realistic, I still think Forex is so real at my end ,

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hmmm, @ adros84,

what a twist of information, anyway no one is disputing the fact that FX trading is not lucrative, like i said above, it's a high yielding investment which everyone knows that any business that attracts high ROI usually attract high risk.

If you claim that you make Bleep profit in a week or month, then you must be gambling and thats against the Forex law which says: ONE MUST NOT EXPOSE MORE THAN 3% PERCENT OF HIS/HER CAPITAL PER TRADE.

Anyone gambles on the FX market is not suppose to go into managing people's fund; you can risk with your own cash which i know is inevitable in the market rather than involving someone else.

I earn my living thru professional FX trading and training and have a conducive office on No. 55 Opebi Road Opebi Ikeja where i operate from. I couldnt have gotten to this altitude if i was gambling.

High risk traders are not stable in the market as they eventually loose that which they have gathered to the same market, including their capitals.

There are three main reasons why traders loose in the market and they are: GREED, FEAR and LACK OF TRADING KNOW-HOW

will continue soon,

[url=http://bizstuffs.com/index.php/board,57.0.html]JOIN MY FREE FOREX ACADEMY AND LEARN HOW TO TRADE FOREX FEARLESSLY[/url]

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Good advice all have given here.

However, I beg to differ. It is true that forex is risky and volatile, but the truth is, it is a market that can be tamed. Unfortunately many who have the real insight into trading forex do not have the necessary funds. with the necessary funds and a good trading environment - stable electricity and broadband internet, 100% returns on investment in a month is easily attainable. In fact, one can do it in a week!. I speak from experience and i am willing to send my trading records to anyone who is interested. E-mail me at fxman62@yahoo.com and I will send it to you.

I am willing to trade any account not below $5000 on a 50-50 profit sharing basis. This means you get to have 50% of whatever profit i make during the trading period which will usually be one month (30 working days). And I do not want a group. I need only one personto put down the funds. I guarantee, you won't lose your money.

Do not take the advice of those who say you should do the trading by yourself. It takes a lot of time and learning to master forex trading. It took me two solid years to get to where I am today and I tell you, I am still learning. Once again, any one interested should contact me by e-mail or phone 07062417445

FOREX IS REAL!

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one thing u should know forex is a very good business, if u know what ur doing i mean. instead of give someone ur money to trade for u why not trade by yourself and take all the profit. u can get a robot that will help u with all ur tradings. the company mite be real but the stand to gain more from ur investment. so if ur thinking on investing with them i say no, try trading on ur own

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I really think we should all slow down on this get-rich-quick-idea hovering all over our heads

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two things are involved here, they can be real or fake, srcutinize them b4 investing with them,

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Shine your eyes well well o. Hmm. To be forewarned is to be forearmed.

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