Is Forex Trading legit in Singapore?

A commonly known fact is that a remarkable amount of forex traders fail. A well-known figure in the Forex world is that 90% of Forex retail traders fail and many lost more than simply money. Some publications quote failure rates as high as 95%. Irrespective of the true number, having interacted with thousands of traders over the years, I can tell you that those figures aren’t very far.

The reason many forex traders do not succeed is that they are undercapitalized in relation to the size of the trades they make. It is either greed or the prospect of controlling tremendous amounts of money with only a small amount of capital that coerces forex traders to take on such vast and fragile financial risk.

While foreign exchange (Forex) investing is a legitimate endeavor and not a scam, plenty of scams have been associated with trading forex. If you have 2700 USD/S$3688 and are looking for an active investment that is 100% safe health business which is predictable and has potential to grow 2-3 times yearly, would that interest you?

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Disclaimer:

I’m one of several direct selling leaders who answers questions online and sometimes for forums. I usually handle questions about network marketing (especially in Singapore), so in this industry, I’m more likely to analyze logically and less likely to say something inept. If I post something here that you discover to be helpful as you manage your home based businesses, that’s superb. In any case, all in all: This is my personal blog.

The views expressed on these pages are mine alone (my personal views, not from any experts) and not those of my organization. Just in case. If I say something ‘wrong’ in the future, it’s better to be able to point out that the fault is mine, and mine alone. My bad! You can’t have it! 🙂