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forex market scam

Forex market scams are unfortunately all too common in the world of online trading. These scams can take many different forms, but they all have one thing in common: they are designed to trick investors into losing money.One of the most common forex scams is the so-called “mirror trading” scheme. In this scam, a trader is promised access to a special software program that will automatically copy the trades of a successful investor. The problem is that these programs don’t work, and the trader ends up losing their investment.Another common scam is the “managed account” scheme. In this case, a trader is promised that their account will be managed by a professional trader who will make all of the trades for them. Again, this is simply not true, and the trader will inevitably lose money.If you’re considering investing in the forex market, it’s important to be aware of these scams and to do your research before investing any money. There are plenty of legitimate brokers and traders out there, but there are also plenty of scammers trying to take advantage of unsuspecting investors.