The Forex market can lose all of your money or get ripped off

Not is if you know what is the Forex market.

In simple words it consists change one currency for another and earn money with the exchange rate.

For example I buy 100 Euros with 160 dollars at the rate of one 1 euro by 1.6 dollars. If after a week the exchange rate rises to 1.8 I will sell the Euros that I bought and instead of having the $160 now have 180 dollars. I will have earned $20.

It seems that out very easy but is actually one of the riskier investments and in which there are many but many scams on the internet where you could lose all your money... take that long but much care.

Honestly if I were a small investor with only some thousands of dollars never put my money in the Forex market (this is not to give any particular advice).

As Wikipedia says Forex market involves very specialized investors who can put large sums in this business as banks, multinationals and up to the central banks of various countries among others, entities that as you imagine have specialized teams to invest in this type of market (read the Wikipedia article by clicking here on this link).

In the Forex market you must compete with them since the money exchange market is a market of "zero sum" since for money others must lose his although actually says that it is a negative market since the brokers always charge your Commission.

But in addition to the peril of this market Forex exist around the many scams where people are persuaded to invest and put their money in this market and indeed the money never goes to the foreign exchange market but rather simply scammers disappear with your money.

With regard to this topic of scams on the internet as I've written before (read how to avoid for example be scammed over the