Forex trading is not a scam. In fact, trading in the forex market is an extremely profitable way of investing. However, there are many companies that seem like they’re trying to sell you on something, but in reality, they’re just taking your money and running with it. Such is the case with a company called Forexhills that offers forex trading education courses and an online trading platform for $120 per month. They claim to offer “real” live trades as well as a free trial period, but all you’ll be getting is a lot of frustration when you realize how hard it is to get your money back from them. This blog post will help you learn about how to spot scams like these and protect yourself from being taken advantage of by shady companies and shady dealers.

What is Forex trading?

Forex trading is a type of currency exchange market that allows traders to speculate on the movements of pairs of currencies. Traders buy and sell currencies in order to profit from changes in the value of foreign currencies relative to their domestic counterparts.

With this global marketplace, traders can invest and trade with other people around the world. The forex market is made up of many different types of traders, with varying levels of experience, so there’s bound to be something for everyone.

Many beginners want to know exactly what it means when someone says “forex trading.” It simply refers to currency trading, which is a form of investing where you can speculate on the movement of pairs of currencies.

The Forex market

The forex market is a complicated place with lots of various traders who have different goals. The idea that there’s an “average” trader and that trading in the market as a whole is easy to understand is simply not true.

This blog post will illustrate how difficult it can be to get into the forex market, some of the scams you should watch out for, and some of the rules you should follow if you do decide to invest in the market.

If you want to keep your money safe and your company from being taken advantage of, this blog post will provide you with some valuable information about how to spot scams like those offered by Forexhills so that you can avoid them.

How do brokers charge for Forex education courses?

The first step in spotting a scam is knowing how the company is actually making money. Often, these companies will have a premium sales page that’s designed to convince you they are offering something valuable in exchange for your hard-earned money.

So how do the brokers at Forexhills make money? Well, it looks like they charge $120 per month for their trading education course and another $60 per month for their trading platform.

If you want to be an educated trader, then these companies make it seem like their courses are worth it. If you’re just looking for a place to start learning about forex trading, then this is not the best choice for you.

Preying on newbies

One of the first signs that a company might be a scam is if they target beginners. When you’re just starting out in the world of trading, you’re not an expert and you haven’t learned everything about how to trade yet. You’re still learning about your business and market. So, any company that tries to make a quick buck by advertising to newbies is likely trying to prey on beginners who don’t know better.

Another tell-tale sign that a company might be shady is if they require you to pay for the course in advance or give you a free trial period with limited access before paying. This is something that should be common sense—if it’s too good to be true, it probably is!

In addition, many companies will offer their courses through autoresponders or pop-ups on your computer screen when you visit certain websites. These are methods used by scammers because they are easy ways for them to get into your computer without getting caught. They usually use these tactics when they have no other option and their real website isn’t trustworthy enough yet because they’re so new.

How to spot a scam

Be careful when it comes to forex trading education courses. There are many companies that offer to teach you how to trade, but they’re really just trying to make money off of your ignorance.

You should be wary of companies that only offer a free trial and then want you to pay for their service or products. You should also be wary of websites that don’t show any contact information and require you to fill out a form with your personal information before they will provide any contact information in exchange.

When looking at a company’s website, look for the following red flags:

-No phone number on their website

-Unprofessional design

-Huge monthly fees