Do you need a mentor, or can you learn alone?
A good mentor shortens the path; a bad one empties the account. Most traders learn alone, slowly, with forums like this one doing some of the work a mentor would do.
Share your view:
- did you have a mentor, and what was it worth?
- where did you find accountability without one?
- what red flags should beginners look for in a "mentor"?
The scam warning signs apply to anyone charging for mentorship too.
Background: Forex scams: the warning signs, and how recovery scams work
Fake brokers, signal sellers, account managers and romance-investment schemes all target forex traders. The patterns they share and what to do if you have been caught.
Why do scam brokers ask for a fee before withdrawal?
To extract more money. Genuine brokers deduct any fees from your balance and don't demand separate tax or unlock payments before releasing a withdrawal.
Can someone recover money lost to a forex scam for a fee?
Be very careful. Upfront-fee recovery offers are a common second scam. Contact your bank, your regulator and the police directly instead.
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