Introduction
ForexStrategySecrets.com is a new forex broker that has been getting a lot of attention lately. But is it a legit broker or a scam? In this blog post, we will take a look at the broker and try to answer that question.
What is ForexStrategySecrets.com?
ForexStrategySecrets.com is a website that provides forex trading education and training. The company was founded by Mark Tyler in 2006. The company offers a variety of courses, including an online course, which covers topics such as market analysis, risk management, and trade execution. ForexStrategySecrets.com also offers a live trading room, where members can access live trading signals and chat with other members.
The Different Types of Accounts Offered
There are three main types of accounts offered by forex brokers:
1. Standard account – This is the most common type of account and usually has a minimum deposit requirement of around $1,000. With a standard account, you will typically trade in lots of 100,000 units of currency.
2. Mini account – A mini account is similar to a standard account, but allows you to trade in smaller lots of 10,000 units of currency. This type of account is best suited for those who are new to forex trading or have a limited capital to invest.
3. Micro account – A micro account is the smallest type of account and usually has a minimum deposit requirement of just $100. With a micro account, you will trade in very small lots of 1,000 units of currency. This type of account is best suited for those who want to test out forex trading with a very small investment.
The Pros and Cons of ForexStrategySecrets.com
ForexStrategySecrets.com is a website that provides forex trading signals, strategies, and analysis. It is owned and operated by a company called Strategy Secrets Ltd., which is based in the United Kingdom. The website claims to be able to provide its members with an edge in the forex market by sharing proprietary information and insights.
There are several things to like about ForexStrategySecrets.com. First, the website is very user-friendly and easy to navigate. Second, it offers a free trial so that potential customers can try out the service before committing to a paid subscription. Third, the company offers a money-back guarantee if customers are not satisfied with the service. Finally, ForexStrategySecrets.com has an extensive FAQ section that covers most questions that new users might have.
However, there are also some drawbacks to using ForexStrategySecrets.com. First, the website does not provide any contact information other than an email address. This makes it difficult to get in touch with customer service if there are any problems with the service. Second, the company charges a monthly fee for its services, which can be expensive for some people. Finally, some of the strategies and analysis provided on the website may be too complex for beginners to understand.
Is ForexStrategySecrets.com a Legit or Scam Forex Broker?
ForexStrategySecrets.com is a website that provides forex trading education and training. The site is owned by Mark Shawzin, a professional forex trader and money manager. The company is based in the United States and is regulated by the National Futures Association (NFA).
The website offers a variety of forex trading courses, software, and indicators. The courses are designed for both beginner and experienced traders. ForexStrategySecrets.com also offers a demo account so that potential clients can try out the platform before committing to a live account.
The company has been in business since 2007 and has an excellent reputation in the industry. There have been no major complaints or negative reviews about the company or its services.
Overall, ForexStrategySecrets.com appears to be a legitimate and reputable forex trading education provider. The company is regulated by the NFA and has been in business for over 10 years with no major complaints or negative reviews. If you are looking for forex trading education, ForexStrategySecrets.com would be a good option to consider.
Conclusion
Although ForexStrategySecrets.com may not be a traditional forex broker, it seems to be a legitimate website that provides some helpful resources for forex trading. However, it’s important to remember that no online resource can replace the guidance of a experienced professional forex broker, so if you’re serious about trading forex, you’ll need to find a licensed broker to work with.