To be honest forex is unsafe business without a doubt. Furthermore, it turns out to be more dangerous when you take it as part time job. You need to consider it important. Brain assumes a vital part in trading. When you regard it as low maintenance work, it implies you give less focus on it. You part of training to decide for trading. I began trading as a forex trader. I am currently trading with Eurotrader. It is an amazing broker providing ultra low spreads starting from 0.0 pip. Its platform does not make requote.
Trading is very profitable, but many investors fall victim of scam brokers. Statistic shows that 1 of every investor has once been scammed by a bad broker, which is why ‘scamInspect. C o m ” was set up to help as many victims of investment scam as possible. If you have been cheated or lost money to a scam broker, please visit their website to report and find out ways in which we can help you recover your lost investment.
True, scam brokers are a pretty big problem for this industry, unfortunately. I think a good way to avoid them is to use brokers regulated by reliable government agencies, they also often put up warnings about unreliable companies.