Welcome to BeerMoneyForum.com - We Help Each Other to Make Money Online

Join over +101.500 members to get access to all our features. Once registered and logged in, you will be able to create topics, post replies to existing threads, give reputation to your fellow members, get your own private messenger, and so, so much more. It's also quick and totally free, so what are you waiting for?

☑️NEW Forex.com Reviews: SCAM or LEGIT?

Harvey

Platinum Member
LV
0
 
Joined
Oct 21, 2017
Messages
970
Reaction score
186
Awards
3
BMF Points
2,930
Rating - 100%
1   0   0
My Knowledge About FOREX
FOREX stands for FOReign EXchange. Foreign exchange refers to the value of currency like US dollar. Its the one that flash in your television screen particularly if the channel is business related. Many people trade and/or invest in foreign exchange. Although I didn't yet personally experience participating in foreign exchange market, I have experience trading in binary options. In binary options, anyone can also trade currency but unlike in foreign exchange where participants decision are not solely base in 2 choices which are: 1. If the price will increase or 2. if the price will decrease at the certain period of time, for example, after 30 seconds. In foreign exchange, both investors and traders can set the amount they can afford to lose.

What Is Forex.com?
Forex.com is an online foreign exchange trading platform.

1543639793807.png


What Are The Advantages Of Using Forex.com Trading Platform?
In Forex.com trading platform comparison page section, they differentiate what are the unique features of their service to other trading platform such as Meta Trader 4. They are main 9 categories they indicate in terms of: 1. markets refers to number of currencies the user can choose, 2. pricing refers to trading fees, 3. trade execution refers to how fast the trade will able to process by their system, 4. price improvement available refers to current price of the particular currency, 5. minimum trade size refers to how many units of currency can the trader purchase, 6. trading platform features refers to advance tools use in foreign exchange trading, 7. analysis tools refers to important latest financial information should the trader know to make an accurate decision, 8. platform choices refers to what kinds of device can the trader perform a trade, and 9. margin refers to the proportion of trade.

1543640385112.png


What Are The Disadvantages Of Using Forex.com Trading Platform?
First in foremost, even though there are trading platform that offers copy trading like Etoro.com where new members can just copy the trade of professional traders, forex exchange trading is still considered a risky type of investment. As a matter of fact, Forex.com has a detailed information regarding the risk of using their trading platform.

1543641827224.png


Conclusion Regarding Forex.com Trading Platform If It's Legit or Scam
Upon checking the official Facebook page of Forex.com that can be found at their homepage of their website to see what others say about them, there is no available reviews that can be seen. This could be a sign that Forex.com operates a shady business.

1543664591502.png
 

anilmr

Silver Member
LV
0
 
Joined
Jan 1, 2019
Messages
179
Reaction score
6
Age
73
Location
Goa, India
BMF Points
0
Rating - 0%
0   0   0
From what I infere from the reviews that I read about forex.com on reputable review sites on internet with high Goolge PR, it appears to be a mixed bag. Some of its positive points include, it is licensed in highly regulated jurisdictions and offers Cryptocurrency CFDs in the UK, and Bitcoin Futures in the US. Wheras the complaints against them include poor customer service and exhorbitant fees.

But unless one trades with a forex broker with success, one cannot bulid trust with the broker and trust is crucial while dealing with any forex broker, because unfortunately, forex fraud and scams are quite common in the industry.
 

amgad100100

Silver Member
LV
0
 
Joined
Aug 2, 2020
Messages
168
Reaction score
6
Age
37
Location
EGYPT
BMF Points
3,145
Rating - 0%
0   0   0
This is more confused site to me , i don't know if they legit or scam , i have never tried it before but all what i know that they are excite in the market from long time and they are sill excite .
 
shape1
shape2
shape3
shape4
shape7
shape8
Top

Earnings Disclaimer:  All the posts published herein are merely based on individual views, and they do not expressly or by implications represent those of BeerMoneyForum.com or its owner. It is hereby made clear that BeerMoneyForum.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. BeerMoneyForum.com also does not give and/or offer any investment advice to any members and/or it's readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that BeerMoneyForum.com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you.