Community Answers

1. 

   2-12-12

   Jerry says:

   Undetectable is irrelevant. ALL forex robots are scams.

   If anyone had a reliable forex robot, it would be worth $millions. They would not be selling it to individual investors for small amounts.

   If you are a genuine newbie investor, don’t waste your time or money.

   On the other hand, if this is a setup question for investment spam, Yahoo will delete answers with commercial links.

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2. 

   2-12-12

   Steve B says:

   Yet another believer in ‘get rich quick schemes’ ..

   Plainly the ‘robot’ is a scam just like all the others = if any of them actually worked the ‘owners’ would be too busy using it to enrich themselves to waste time selling it for peanuts to ‘marks’.

   Indeed, I would suggest that if anyone developed a trading ‘robot’ that gave them even the slightest advantage, they would be insane to ‘sell’ it to others (since the more people using ‘robots’, the less advantage the developers would have …)

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3. 

   2-12-12

   Michael Truman says:

   Yes, it is possible to invest in forex without a broker, however, you would need to have a huge investment capital to make any significant profits. The most important thing about a broker is that they give you leverage, so you can control a large amount of currency with only a small investment. Brokers also make it easier to open and close trades, especially now with online trading software. (the same answer for the same question)

   You need to learn a lot on how forex operates before you invest. First you need to know how the industry operates, know which strategies are the best to use, practice on some demo accounts, find a good broker, then invest. If you are a newbie. I recommend to begin reading some tutorials for highly informational guides, videos, articles and e-books for free. best of luck.

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