Forex Scams - Scam Detector

What is Forex?

What is Forex?
Forex, also identified as foreign exchange, FX or currency trading, is a decentralized global market where the entire world's currencies trade. The forex market is the biggest, liquid market in the world with an average daily trading volume beyond $5 trillion. Not all the world’s combined stock markets even come close to this. However, what does that mean to you? Take a closer look at forex trading and you may find some exciting trading opportunities unavailable with other investments.
Forex transaction: it is all in the exchange
If you have ever toured overseas, you have made a forex transaction. Take a trip to Belgium and you convert your British pounds into Euros. When you do this, the forex exchange rate between the two currencies—based on supply and demand—determines how many euros you get for your British pounds. Moreover, the exchange rate varies endlessly.
A single British pound on Monday could get you 1.19 euros. On Tuesday, 1.20 euros. This tiny change may not seem like a big deal. However, think of it on a bigger scale. A big international company may need to pay overseas employees, Imagine what that could do to the bottom line if, like in the example above, simply exchanging one currency for another costs you more depending on when you do it? These few pennies add up quickly. In both cases, you—as a tourist, traveler or a business owner—may want to hold your money until the forex exchange rate is more favorable.
Example of Forex Company: Spark Global Limited
What is Spark Global LTD?
Spark Global LTD known as SGL is Global Broker is a foreign exchange community that uses the Meta Trader 5 system to provide investors with copy order trading services. The platform integrates transaction data and connects to multiple exchanges, improves distributed CRM through liquidity and execution speed, provides technical support for transaction models, meets various business needs of customers, and allows investors to obtain DIY finance Digital analysis trading solutions. It has competitive spreads, which helps customers reduce transaction costs. This makes Spark Global Limited a platform that investors can trust. As a global veteran in foreign exchange, Spark Global Limited is very strong and has a relatively high brand value. It is an international veteran foreign exchange dealer and an old brand with more than ten years of history. This makes Spark Global Limited a platform that investors can trust. For more details you can follow their official facebook) or visit their official website or text them on [[email protected]](mailto:[email protected],)
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What is the best forex scalping robot?

Scalping Forex can be an exciting way to trade but the sad truth is that scalping is extremely risky for a home trader and it is almost impossible to consistently make a profit from scalping - especially when using a robot. It is much easier to focus on medium and longer term trading where you can benefit from the larger price movements and take larger profits with each trade. If you are looking to make some profits using a Forex robot then you are better off staying away from scalping robots. There are some good Forex robots out there but NONE of them are scalping robots.
Forex scalping explained The concept of scalping is to open and close a trade in a relatively short period of time and aim to close the trade for only a few pips profit. Most scalping strategies are based on price momentum and aim to make profit from short term bursts in price movement. It is common for scalpers to use a stop loss between 10 and 15 pips and close the trade when they have made 4 to 5 pips. However, this type of trading is extremely high risk because you are risking more pips than you could make on any single trade. In order to counteract this imbalance you must have a very high win rate. In the example above, at least three out of every four trades would have to be profitable just to break even!
Another significant problem with scalping is that the broker spread will also cut into any profits. For example, if the currency pair has a 2 pip spread, then if the price moves 5 pips and the trade is closed, you will only make 3 pips profit after the spread has been taken into account. This means that the odds are staked against you if try to scalp. I hope this has made it clear that scalping is an extremely high risk way of looking to profit from the Forex markets. There are much less riskier ways to try and profit from Forex.
Intra day Forex trading – A better solution A much better way to trade Forex is to look for longer term price movements. I do not mean holding positions for days or months, rather opening trades for a few hours puts you in a much better position than scalping. A typical intra day trading strategy is to open a trade with a 20 to 30 pip stop loss and then aim to close the trade for 40 to 60 pips profit. As you can see by using a method like this you can make more profit from every trade than you risk losing. This means that even if you only win 50% of your trades then you will still make net profit overall. In addition with one winning trade you could make 60 pips profit, whereas if you were scalping you may need 20 winning trades to make the same amount of profit (and that is assuming that you win every scalping trade!). The broker spread also has a much smaller impact for normal intra day trading. If the spread is 1 pip and your profit target is 60 pips this means that the spread is negligible compared to the profits that you can make.
How to receive 25% Deposit Bonus? 1. Signup and Open Forex Account 2. Choose “Get 25% Deposit Bonus” in CRM 3. Follow the terms and Trade https://www.bitfreezy.com/deposit-bonus/en.html
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[uncensored-r/CryptoCurrency] Why you should not sleep on DENT.

The following post by dopamineaddictt is being replicated because the post has been openly removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ CryptoCurrency/comments/7zbkpz
The original post's content was as follows:
What is the purpose of DENT?
DENT is going to create a global Data sharing economy. In which users can buy, sell or donate their mobile data to other users.
The DENT platform will be a marketplace for the trading of mobile data and the DENT token will serve as the global currency of mobile data between telecommunication companies and their users. For example, if I have a 5GB per month plan with AT&T and I only use 3GB through the DENT App I will be able to sell my extra data to someone in Mexico. This way I will benefit from selling my data, AT&T won’t care cause they were giving me that data anyways and the telecommunication company in Mexico will benefit from the new acquired customer.
Product?
The DENT ios app was launched in December and has been live ever since. The Android app is scheduled to be released by the 26th of February.
Mass Adoption?
The target markets of the DENT platform are emerging economies where people use prepaid plans and the costs of data are high.
According to a recent study of CISCO, the worldwide mobile data grew year on year 63% to 7.2billion Gigabytes per month in December 2016. According to a study of Parks Associates, mobile operator data revenues stood at $386 billion USD in 2015, equivalent to $32 billion USD per month. Assuming just 15% to be unused due to expiry, in a way users lost a value of $4.8 billion USD.
In a more transparent and connected market, this value shall be unlocked to drive mobile data usage.
What Operators is DENT connected to? USA: AT&T, Verizon India: Airtel Brazil: Vivo, Claro Mexico: America Movil ,Telefonica Bangladesh: Robi, Grameen Phone, BanglaLink Nigeria: MTN, Glo Mobile, Etisalat, Airtel Sri Lanka: Hutch, Mobitell, Etisalat, Airtel Oman: Ooredoo
Where to buy DENT ? • Coinrail • OKex • Hitbtc • Etherdelta • Kucoin • QRYPTOS • IDEX
The Team ?
Tero Katajainen: DENT Wireless CEO and Founder, Tero Katajainen, originating from Finland, has co-founded several Internet startups in his 20-year career. He holds a Master of Science degree in Electrical Engineering from University of Tampere, Finland. His deep knowledge about FOREX trading systems is a big advantage for DENT. Tero was also one of the first developers ever to implement direct mobile operator payment systems to consumer applications. As a specialist for transactional systems and Blockchain, Tero is the mastermind of all tech at DENT.
Mikko Linnamäki, Co-Founder: Internet pioneer and serial entrepreneur with a track record of founding successful Internet businesses since 1994. Mikko, also from Finland, is Co-founder of DOVECOT Oy, the company behind DOVECOT, the world‘s most popular IMAP Server with a world market share of 72% and over 4 million installations. An estimated 2,5 billion users are entrusting their Email storage to Dovecot every day. Mikko recently received a patent for his invention "Ad Hoc Injection of IMAP Objects".
Andreas Vollmer, Co-Founder: Andreas is the Mobile specialist in the team with 12 years’ experience developing Mobile Apps, from Symbian in 2005 to iOS and Android today. Andreas is Co-Founder of leading German mobile app development company TDSoftware, which is developing apps for companies such as Mercedes-Benz, Audi, Deutsche Post, GLS, and others. Andreas is also an expert in mobile CRM systems, and will deploy the latest tools to analyze user behavior in order to accelerate user growth and hit target metrics.
Michael Wirth: Director Payment Systems, GM UK & Ireland. Michael is taking care of the perfect flow, analytics, and easy user experience for the exchange of DENT Tokens in the customer- and carrier-facing applications on mobile, Web and M2M. Michael has 20 years of experience in large-scale transaction projects. He was Director of Products and Services at eNett International, a Travelport company and leading specialist for payment solutions in the travel industry.
Ville Sundell, Smart Contract Specialist: Ville is a Finnish smart contract developer who has pioneered smart contract based legal entities, being the first to create companies solely on the Ethereum blockchain without any human intervention through Etherprises LLC. Ville has over 10 years of experience on limited and mission critical embedded systems ranging from automotive to mobile systems, being the ideal background for secure smart contract development.
Here are some important links: Roadmap: https://www.dentwireless.com/roadmap FAQ: https://www.dentwireless.com/faq Whitepaper: https://drive.google.com/file/d/0B7XC9TPzyTmOd0pqQ3hRLUM0UzQ/view IOS App: https://itunes.apple.com/us/app/dent-send-mobile-data-top-up/id1325019276?mt=8
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Basics of The Forex Market & Currency Pairs - YouTube What are Base and Quote Currencies?  FXTM Learn Forex in ... Best FOREX Indicator - Advanced Currency Strength Meter ... What are the “Major” trading currency pairs?  FXTM Learn ... 07 What is Base currency and Quote currency , Forex course in Urdu Hindi REAL Forex Basics #1 - YouTube Forex: the base currency - YouTube

Trader’s Room is an ideal forex account management software. We can launch your client area in just 4 weeks. Multiple modules as well as incredible functionality can cover all forex brokers requirements. Forex promoters often lure investors into scams with various assurances, including their ability to predict an increase in currency prices and claims of high returns with low risk. An unregulated financial company trading off-exchange Forex, foreign currency futures and options contracts with retail customers is illicit and may be a fraud or scam. And so, if you want to change the default base currency to use in your CRM, you (that’s official, I’m not kidding) should create new company and transfer all data from old one to the new. In my first post about Microsoft Dynamics CRM 2011 I described how you can do it by changing 4 values in one record in the company’s database. The currency value is converted to base currency of the CRM and stored. So basically base currency of the CRM is used as the reference for any Currency value and all conversions with respect to the User are based on this. In a multi currency situation for Vtiger users, it is tedious to lookup exchange rates and load them into the CRM Currency settings. vtForexRates addresses this gap. Each ... For each base currency type there can be only one currency type using group valuation and one using profit center valuation. Global Currency Conversion Settings. For your own currency types, enter the currency into which the conversion is to be made (Currency field), and the currency from which currency conversion is to be made (Source Currency field). In addition, enter the exchange rate type ... Recording multi-currency vouchers in Tally ERP can be a difficult task.These excel templates provided with udiMagic software, help you import vouchers with multi-currency in Tally ERP, quickly and easily.You need to specify the Currency, Forex Amount, Rate of Exchange for recording payment, receipt and other entries. You can also import Base-currency vouchers by keeping these columns blank viz ... Terms And Conditions. Click Here To Read Terms And Conditions. OK

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Basics of The Forex Market & Currency Pairs - YouTube

The newly developed Currency Strength Indicator is ready for download. Every day, Currencies diverge from each other. The indicator uses built-in algorithms ... In forex, currencies are traded in pairs. The first currency is called the base currency and the second currency is called the quote currency. So for example... Learn what is the BASE CURRENCY on Forex This is the first in a series of videos covering the basics of the Forex market. We look at a simple example of exchanging currencies and the effect of fluct... In Forex you exchange one currency for another with the intention of making a profit. The seven most traded currency pairs in forex are called the Majors. Co... In this video tutorial we will learn about What is Base currency & Quote currency and what is their importants in the Forex market. you will find a lot in this video. Hey everyone my name is Tyler Patterson, I am an eighteen year old foreign exchange trader. I have a company called Powerhouse Investments, LLC where I teach...

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