The forex market is not a pyramid scheme. It's a zero-sum game where experienced traders and institutional market participants make a consistent profit, while the average day traders keep blowing up their account. If we take into account trading costs, the forex market is a negative zero-sum game.

Just like in any other industry, there are many scams and shady business models in forex as well. If you’re really interested in making money in this market, there is only one way: Start learning and trading for yourself.

If we take into account trading costs, the forex market is a negative zero-sum game. For a profitable trader to make money, someone else has to lose. The market needs “dumb money” to provide liquidity and lose in the market on a regular basis.

In order to compete with the big players and join the elite group of highly successful traders, you need to do your homework.

Instead of joining a forex pyramid scheme, learn about the foundations of the market and why exchange rates move in the direction they move.

The majority of new traders completely neglect market fundamentals, so make this your priority if you want to succeed in the long run. Many institutional traders don’t even look at charts! They know at what price-levels their customers buy and sell, that’s their job.

Start following and analyzing market reports like PMIs, inflation rates, central bank meetings, and labor market numbers.

Continue learning about the market by studying sentiment indicators, and how to use technical analysis like the big players. Do you think they move billions of dollars by looking at indicators and Moving Average crossovers? That’s what retail traders do, and the majority of them are losing money.

To summarize, pyramid schemes don’t work in the long run. The last users who join a pyramid scheme make money only if the scheme keeps attracting new users.

There is only one way to make money in forex: Start learning and keep trading on a demo account until you become consistently profitable.

Forex itself is not a pyramid scheme. The foreign currency market is simply the market where the value of each currency goes up or down and can be bought or sold to make a profit. Banks and investors from all over the world trade it. As long as money exists, the foreign currency market will also exist. It is risky to invest in but learning how to trade with consistency and effort can work out in your favor.

MetaTrader 4 platform for Mac after reading the most important application usage information shown below. The MT4 version of Apple Mac is very similar to the Windows version, with some minor differences.
MT4 offers several beneficial plugins – it’s a solid platform providing real-time data, a user-friendly interface, charting functions, rapid movement between multiple time frames and offers a wide range of languages. The majority of Forex brokers supporting MT4 also allow a worldwide client base.

Five years following the launch of MT4, MetaQuotes Software Corp created MT5 MetaTrader 5 (MT5). Although newer, MT5 is less popular. MQL5 (MetaQuotes Language 5) is not backward-compatible with MQL4 (MetaQuotes Language 4). This code is typically written in a built-in editor called MetaEditor – a great deal of code has been written in MQL4 and it would take a lot of effort to rewrite it.

Several options are available to configure MetaTrader 4 for Mac OS. In order to ensure a sound working knowledge of MT4, though, traders are urged to check out the User Guide accessible on MetaTrader’s website.




MT4 mac