Building A Successful Forex Trading Business

Learn Forex the Right Way

Many people want to learn Forex Trading but do not know where to start. There are thousands of articles on the internet where the so-called gurus will keep telling you that trading is easy. But is it?

Let's take a simple example. What steps do you need to take to, say, become an accountant? You start attending primary school, then secondary school, a college, then you become a trainee, and in a couple of years, you become confident enough to provide service to your client as an independent professional or a member of a large accounting firm. It is a long journey that required patience and determination. A simple question is: why would you believe anyone who is saying Forex Trading business that you know nothing about and plan to take up as your lifetime career should work otherwise?

What are the ways of obtaining this knowledge and experience?

• Watching video lessons

• Attending a course

• Becoming a self-learner

• Hiring a one-to-one coach

• Joining the platform

There are pros and cons to each of the above ways, all of them are the steps most people take, and some even go through all of them one by one. But we have something a lot more efficient to offer: attending a business networking event that will walk you through all the above steps in one place.

We are pleased to announce that our company will be hosting a series of free webinars throughout October-November 2022. We will share our knowledge and experience, and let you check how it works on our platform, show you dozens of real people's use cases, and put you in touch with fellow Forex Trading business professionals.

You are welcome to join our platform to familiarize yourself with it beforehand. If you have any questions, please do not hesitate to contact us, we will be happy to assist. We are looking forward to meeting you at the networking event.

How To Avoid Forex Trading Scam

Unfortunately, fraud exists in almost every industry on the planet, and the Forex market is one of the most abused ones.

The Most Common Warning Signs Of A Forex Scam

Forex is one of the most popular forms of investment, but yet of the most difficult to detect in relation to scams. How to avoid getting scammed?

Forceful Forex Brokers

Fully legitimate and compliant Forex Traders will not show any signs of pushy tactics when marketing their expertise or service to prospective investors. If someone you do not know contacts you persistently, try to be on guard from the start. Always seek advice from certified professionals or references from people you know.

Exaggerated Claims of High Statistics and Returns

If someone claims massive returns and provides you with overly high statistics you are probably dealing with the Forex fraudster. Always remember: if it sounds like it is too good to be true. It probably is. The success of your investment is highly dependent on a constantly changing market. There are chances that you may receive returns quickly, but you may as well not. Do not trust a company that pursues the point of showing consistently high statistics on returns. Such misleading claims are false because it is not feasible in the foreign exchange trading market and it does not work this way.

High Spread Offers

The most commonly used spread normally ranges between two to three points in USD/EUR. If a Forex Trader offers you seven points threads you are definitely dealing with the fraudster, please remember that most currency pairs have a price of four decimals.

Complicated Wording In Presentations

A Forex scammer would always operate with difficult-to-understand terminology, especially for a total beginner. Learn, research, and ask for advice from a licensed professional or person you know and trust.

Restrictions to Withdraw Funds

If you are experiencing difficulties to withdraw funds from your account it should trigger an immediate warning to reconsider your investment and terminate your account with a broker as you are definitely dealing with a scammer.

Unregistered Broker

Always check whether a broker is registered with the relevant regulatory authority. Avoid signing up with a broker who fails to provide you with the proper credentials or gives vague explanations of why it is not available.

Protect Your Investment

You should always partner with a reputable and well-established broker who has checkable references from past and present investors. Do not be tempted by promises of immediate high returns, be cautious and on guard during your vetting process.

At S-Group, a certified and licensed broker Forex Trading platform, we take our clients' investment safety seriously and regularly update you on milestones and what to avoid on your journey to financial freedom.

Sign up with no obligation and start your safe Forex Trading.

AI-Powered Robots In Forex Trading

What Are Forex Trading Robots?

Forex trading robots are used to facilitate automated trading methods to assist with the technical analysis and repetitive tasks in Forex trading. More often it is referred to as an automated trading system.

At its core, the automated trading system is a method of trading forex using a computer program based on algorithms.

Can Forex Robots Make Money?

A Forex robot is a powerful tool that helps carry out all the difficult aspects of trading. They can offer tips and ideas on how to identify profitable trades, even within unpredictable markets, and choose the most advantageous trends to increase profits and reduce the risk of loss.

We would advise using a smart strategy of combining an automated trading platform and human expert assistance (unless you are one yourself!) to create a roadmap of your short-term and long-term goals and set it up on the system that needs to be monitored on a regular basis.

Legitimate reliable Forex trading platforms would always provide the above combination, you need to research the software you are planning to sign up for well before jumping into any commitments.

What Types of Automated Forex Trading Platforms Are Available?

Mainly there are two types of automated trading systems are available, the main difference would be in how they have been set up initially, i.e. send signals to traders so they can make their own decision when to act, or they have been set up to perform both tasks - send a signal and perform an action.

- Fully automated trading platforms

- Semi-automated trading platforms

Both types of automated platforms perform their tasks based on specific triggers and algorithms.

What Is Algorithmic Trading?

Algorithmic trading uses computer codes and detailed chart analysis to enter and exit trades in accordance with the pre-set parameters such as price movements and volatility levels. As soon as the current market conditions match any predetermined criteria, trading algorithms can perform an action such as buy or sell on your behalf. This can save you time researching the markets, and it means that your trades are executed almost instantly.

What Is S-Forex And How Does It Work?

The S-Forex trading platform is a unique trading system that is fully automated for the user. At the same time, a group of experts is constantly working at the back end of the system to pre-determine tasks and analyze to ensure that the platform works in the most accurate way.

AI-powered bots can work at a rocket speed but it is only the humans who can teach the technology to "think" and make recommendations and decisions that help traders become successful.

If you are looking for a helping hand before you make your decision we will be happy to offer free advice and support.

Not sure what strategy will work best for you? No problem! Talk to us so we can help you with tailor-made solutions, we will be happy to assist.

You can sign up today without any obligation and check out how the system works before you make a commitment.