foreign exchange

Is Forex Trading a Ponzi Scheme?

Is Forex Trading a Ponzi Scheme?

Forex is not a Ponzi scheme. It is a legitimate exchange market with international regulators. Investment opportunities like Forex can be used to commit crimes. Scammers use money from new investors for their own benefit and to pay earlier investors.

Is Forex Trading Legal?

Is Forex Trading Legal?

Forex Trading is Legal is most countries including the United States and United Kingdom. Most countries have their own restrictions on using this market. A few countries such as North Korea, Cuba, and some African countries ban it completely.