Seven (7) reasons why forex trading is not gambling or a scam

Seven (7) reasons why forex trading is not gambling or a scam

Hello everyone, today I am going to give us 7 reasons why forex trading is not a scam or a gamble. A scam is something meant to deceive in order to make a gain while a gamble is the deposition of a small amount to make a large amount by doing nothing, learning nothing but just making a guess. I will give you a list of 7 reputable groups of persons who trade forex. You will agree that these set of people cannot get involved in something that is of no worth or of no repute.

This list is as follows:

  1. Central banks
  2. Large commercial banks
  3. Customers of banks
  4. Import merchants and export merchants
  5. Funds and transnational corporations
  6. Stock exchanges, Brokerage houses, Dealing centers
  7. Private traders

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