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Whether Forex is legitimate may also depend on in which country the trader resides. In most countries, exchange operations for private traders are legal. The average daily sums measure in the trillions of dollars. It includes every currency in the world. So is forex trading legit? Yes, but unlicensed and. Our winner in the list of the most reputable FX brokers is thus www.sat59.ruless of your Forex trading experience level, Traders Academy Club offers a.

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Forex is foreign exchange trading—the buying of one currency while simultaneously selling another. Traders try to profit by speculating on the value currencies. Yes, forex is a perfectly legit form of trading, for that itself you shouldn't have any concerns. However, it is recommended to pay careful attention to the. You will thus incur a loss of NAD on that specific trade. Online forex trading itself is not a scam, however there are plenty of scams associated with it.

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You will thus incur a loss of NAD on that specific trade. Online forex trading itself is not a scam, however there are plenty of scams associated with it. The short answer is no. Most forex traders you see on Instagram are scammers, making money from selling courses and not from actually trading forex. They're. Whether Forex is legitimate may also depend on in which country the trader resides. In most countries, exchange operations for private traders are legal.