What is Forex: a fair opportunity to profit from currency rates or a scam arranged by brokers and dealing centers?

As it was informed by "Market Leader (US)"

What is Forex: a fair opportunity to profit from currency rates or a scam arranged by brokers and dealing centers?

 

Is Forex a scam or a fair game at the interbank currency market?

It is one of the top discussed questions on the net. The internet portal called “The secrets of Masterforex-V trading” was among those who raised and developed the topic. The essence of numerous disputes on the matter can be reduced to the following issues:

· Many traders have lost their deposited money trading with the very Forex brokers or dealing centers (DCs) and blame them for arranging “the Forex scam”.
· In response to that the brokers/DCs say that 97% of traders lose at Forex. That is why it is the losing traders themselves that should be blamed for their losses, not the brokers or dealing centers. On the other hand, they say that all brokers/DCs are different, and that is why traders shouldn’t think that all of them are swindlers. There are both scam brokers and fair brokers providing services for many years.