Is forex a scam or legit? Andrew Lockwood has been trading forex since the 1980s, when he started as a trader in the city of London. In over 3 decades Andrew has seen forex change, a lot. Today, he’s going to expose the dark side of trading forex, the increasing number of scams that are targeting innocent people. Forex scams are plaguing an industry that has a long history of elevating people’s wealth with enough hard work and commitment. Andrew Lockwood has been in forex education for almost a decade, and after having seen some of his pupils get scammed out of thousands of dollars, he’s fed up with forex scammers and here to warn all who listen.
00:00 – Is Forex a Scam?
01:26 – Lavish Lifestyle Scams
02:31 – Fake Celebrity Endorsements
04:54 – Forex Signals Services Scams
07:01 – Expert Advisor Scams
09:33 – Managed Account Scams
12:24 – Outro
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* The information provided in this video is intended for educational purposes only and is not to be construed as investment advice. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. There is a possibility you could sustain losses of some, or all of your initial investment and therefore seek independent financial advice if you have any doubts.
** Andrew Lockwood and our team of mentors will never contact you directly outside of the Trading Room. If any person(s) contacts you via Social Media platforms offering account management or asking for payment, this is not Forex Signals and should be ignored.