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Thread: Forex - "Fraud" or "Improvidence"

  1. #1
    Super Moderator Gulfstream's Avatar
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    Forex - "Fraud" or "Improvidence"

    Forex - "Fraud" or "Improvidence"

    Forex - "Fraud" or "Improvidence"
    : when these concepts are contiguous, and when it derived one from another?

    In order to simplify us the understanding of this question, let's define each of these concepts.

    So, the "fraud" - is the theft or acquisition of rights to someone else's property, including funds and other benefits by deception or abuse of trust. This deception can be both passive and active form.
    The passive form of deception - is a deliberate omission of any facts (events of reality), while the active form of deception - is a conscious distortion of the truth (reality).

    Under the "improvidence" is often understood the negligent, carefree, short-sighted attitude to the events happening around.
    The concept of "improvidence" is closely connected with the concept of "inattention" .

    Regarding the Forex market, there are present both concepts.
    Fraud at Forex - it is one of the most prosperous areas. And believe, it is “a vast sphere for action”. The lack of clear legislative framework governing relations at Forex currency market, «let off the leash»to many people.
    If we consider scope of activity at the Forex market the so-called scammers can be divided into several groups.

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    Last edited by Gulfstream; 09-03-2015 at 12:21 PM.

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    Forex is a legal and approved business world but it won't be safe trading forex with some broker because some brokers are not regulated and cannot be trusted for a long time, if you want to trade in the forex market without fear of losing your money to a broker you should make sure that you join a trusted broker like roboforex.

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  3. #42
    Registered user snnaky's Avatar
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    [lang=ar]Great post thank you for this offer
    There are many forms of fraud, including what is in the form of the illusion of the client easily profit without effort and the great facilities provided by the non-real
    Also put forward words that carry more than the meaning of what is given many impressions is not real and there are many companies appear on the scene using such means disrespectful
    But it's good that there are trust companies like our roboforex company[/lang]

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  4. #43
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    the fraud brokers always play against the trader and they can cheat the trader in different ways, some of the brokers do not pay for the clients and some brokers delay opening and closing of the orders for long time that makes trading is impossible and lead to loses more than earning, and some brokers hunt the stop losses to make the trader loses.

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  5. #44
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    there is a lot of brokers in the market it,s difficult to choose which is good for the trading career. always join those brokers which are registered by any exchange commision company like FCA, MFID, and Cysec. when any broker register under these commissions firm they take a big money as guaranteed which used to protect traders account if any regulated broker run away you have to need to contact with registration firm they will give you money back

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  6. #45
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    risk of losing money in forex brokers is a big problem. there are some people not come in the market due to this fear but I think these days regulators take big money from brokers to protect traders money.to do these steps we can stay away from this fear of losing money in fraud.
    always choose the regulated broker.
    don,t going against brokers rule.
    to trade feel free to join roboforex

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  7. #46
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    well your posts are good enough but i just say 1 sentence which is that before register on any broker any famous or not famous you should and must read their term and condition because they clearly mention every thing which people did not read that :(

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  8. #47
    Trader ara's Avatar
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    Quote Originally Posted by ahleyan22 View Post
    well your posts are good enough but i just say 1 sentence which is that before register on any broker any famous or not famous you should and must read their term and condition because they clearly mention every thing which people did not read that :(
    Well, strongly agree, many people don't notice this when they register into a broker. So when it comes to a problem which they face, they feel aggrieved, but the actual point for the problem is in terms and conditions. So actually in this case we can know that who is wrong? But strangely they don't accept about it and bring their problems in public forums.

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    Registered user musiliu's Avatar
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    many people think forex trading is fraud because when they deposit some money and start trading without any knowledge and experience, and they get into a bad trade, the may simply loss all the money is a very small period of time, this may make them believe that the broker has cheated them and forex is fraud, but this is not the case, forex trading is not a fraud, and there are many traders making a living from the forex market.

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    Always have realistic DREAMS!

  10. #49
    Registered user elghina's Avatar
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    Quote Originally Posted by Gulfstream View Post
    Forex - "Fraud" or "Improvidence"

    Forex - "Fraud" or "Improvidence"
    : when these concepts are contiguous, and when it derived one from another?

    In order to simplify us the understanding of this question, let's define each of these concepts.

    So, the "fraud" - is the theft or acquisition of rights to someone else's property, including funds and other benefits by deception or abuse of trust. This deception can be both passive and active form.
    The passive form of deception - is a deliberate omission of any facts (events of reality), while the active form of deception - is a conscious distortion of the truth (reality).

    Under the "improvidence" is often understood the negligent, carefree, short-sighted attitude to the events happening around.
    The concept of "improvidence" is closely connected with the concept of "inattention" .

    Regarding the Forex market, there are present both concepts.
    Fraud at Forex - it is one of the most prosperous areas. And believe, it is “a vast sphere for action”. The lack of clear legislative framework governing relations at Forex currency market, «let off the leash»to many people.
    If we consider scope of activity at the Forex market the so-called scammers can be divided into several groups.
    Some peoples who saying that they are a trader but actually they are not a trader or really a investor. I thought that they are some peoples who making negative think about forex. They say that forex is gambling or a platform fraud. But some trader who real a investor, they are improvidence about how to get more money or profit with consistently in forex. And i too, still on progress to improve to all my family and my friend that i can live and happy be a trader.

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    Trade with your eyes and not trading with what you wish impossible

  11. #50
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    personally i think it takes time before anybody can believe trading is for real,i mean that one can surely make money in this business while trading,though i believe one can surely earn as a trader but the truth remain that it not always easy and it require that the trader need to have made time to learn and understand how to handle the pressure of doing the business when we are trading.

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