Forex is not a scam, but there are plenty of scams associated with forex. Regulators have significantly caught up to the scammers over the years, making them increasingly rare. A valid proof of identity and proof of registered address is required in order to trade and withdraw funds. And know this, a very desirable by-product of extremely high liquidity is almost instantaneous transactions executed with blinding speed. You can leverage your trades by a factor of 50 to 1, 100 to 1 and even 400 to 1.
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Currency and exchange were important elements of trade in the ancient world, enabling people to buy and sell items like food, pottery and raw materials. 11 If a Greek coin held more gold than an Egyptian coin due to its size or content, then a merchant could barter fewer Greek gold coins for more Egyptian ones, or for more material goods. This is why, at some point in their history, most world currencies in circulation today had a value fixed to a specific quantity of a recognized standard like silver and gold.
In my opinion, it is no wonder that InstaForex takes the leading positions by a range of its current characteristics. None of brokers offers such generous bonuses and contests. I regularly take part in the company's contests - this is a great opportunity to practice, try new strategies and instruments without risks and with a possibility to get a good sum of money to your account in case of winning. I advise to take part in rebate projects by InstaForex allowing to return the part of spread. I have been trading with InstaForex for 3 years already because it is beneficial and reliable.
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