New to Forex, so please chime in!

Hello everyone, my name is Q & I found out about Forex a few years ago. I knew someone personally who was doing it but I thought it was a scam or pyramid scheme, so I decided to ignore it.

Sometime later this year, I was approached by 2 other people I knew, which were MLM’s, but I didn’t know that until after their presentation. When I was told I had to make a down payment & a monthly payment, I questioned the legitimacy because I was also told that if I recruit 2 people, then those fees would be waved. When I did more research I found out that I could learn on my own for free, so that’s what I am here for.

I stumbled across The Swag Academy’s channel on YouTube & he has really inspired me to get going. I hope everyone who reads this can flourish as much as I would like, and I want to see a change in my finances & be dependent on my own instead of a 9-5.

Yeah unfortunately this sector is rammed full of sharks looking to prey on noobs. You can absolutely learn for free and trade for yourself. Stay away from so called account managers as nearly all are scammers.

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most welcome in baby pips , its the most knowledgeable forum from all we have in online , i hope you will learn everything with enjoyment. good luck

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So common for everyone to think its a scam but one thing is for sure its not a get rich quick scheme. You have to put the work in. The rewards are endless though so itll be worth it

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What you should do is simply practice on a demo account of a regulated broker and then invest small amounts in a micro account.