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Forex or fraud? | Tribune Online

Share The business of foreign exchange, otherwise known as forex, has experienced boom in recent times with many choosing to invest with forex traders. However, many of the traders go under after a few months and have attracted the fraud tag from Nigerians. KOLA MUHAMMED, in this report, examines the nitty gritty of forex trading, experience of its practitioners and investors as well as the state of governmental regulation on the trade. “This is not MMM, it is completely different. On this platform, you invest money and your money will be used to trade. You then get commission from the profit that your money has been attracted.

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