Clickbank

While there are plenty of perfectly legitimate operators at work in the field of Forex trading, there are also those who seek to line their pockets through a Forex scam. Sadly, there will always be those who are taken in by these scams, eager to spend their money when tempted by the prospect of earning great wealth. Of course, Forex is an investment, so it is by no means certain that everyone will make money trading on this market ? so how can you spot a Forex scam?

1. Unrealistic claims

Now, anyone who has a Forex product or service to offer is going to try to appeal to your desire to make money. However, any company who tells you that you are guaranteed massive success overnight is not being honest ? steer clear of these offers.

2. Huge earnings on trading account screenshots

It is also common for sites to provide images of their own trading account results to convince you that their system makes money. This is standard practice. A scammer will fake the screenshots using Photoshop, and it is pretty much impossible to tell.

While there is nothing wrong with having screenshots on a site, you should not make your decision based on them. Even genuine screenshots do not guarantee success for anyone ? the screenshots may have been taken using an entirely different system than the one the site is trying to sell you on!

3. No guarantee

There should always be a 100% money back guarantee offered ? one which does not require you to meet certain conditions (which often include investing huge sums). What you want is a no-hassle, no questions asked money back guarantee.

If you’re considering buying a downloadable product like an e-book, you are safe buying through ClickBank; they will provide refunds within 58 days of purchase.

If you are looking at a membership site or a service, refunds on past payments may not be offered because of the time that the company will have put in to providing the service for you during the time that you were a member. However, you should check that you can cancel at any time without incurring further charges. Don’t sign up for something that locks you in to a contract for 6 or 12 months.

4. A Bad Reputation

All products will show you recommendations and testimonials from satisfied customers. If you want to be sure you can ask for evidence that they are real, and a genuine business will usually find a way for you to contact the person if there is not already a link given along with the testimonial.

But even the worst trading system will have some users who were just lucky. What you want to know is what the unsatisfied customers are saying. There will be some for every product, no matter how good, and you need to find them and sift through their comments. Are they just unhappy because they didn’t make a million dollars overnight, or was there a genuine problem with the product? Search for them in online forums to get a clear idea of which products are worthwhile and which ones might be a forex scam.