Forex security.

Trading on the stock exchange is always associated with a huge risk; in Forex, the risk only increases after using leverage.

But not every trader knows that in addition to mistakes in trading, he is also faced with a lot of dangers that he does not even think about.

Security in Forex is one of the main priorities that should be given special attention; a few minutes of time spent will protect your money from scammers and others who want to profit at the expense of others.

We will analyze all the dangers not related to trading and capital protection measures.

1. Security of working on the Internet - if you have already decided to trade on Forex, do not be lazy to install one of the popular antiviruses on your computer, Kaspersky or Nod-32 are perfect, both of these antiviruses cope well with hacker attacks.

It is advisable to use only licensed software, it is stupid to save 5 dollars a month, and risk hundreds or thousands due to a hacked antivirus.

Under no circumstances should you save passwords in browsers; a couple of seconds of saved time can deprive you of money in your account.

The connection must be carried out using the https protocol, this guarantees additional security in the trader’s account.

2. Storage of information - after registration, forex brokerage companies usually send you a letter with passwords and account numbers; all this should be stored on a flash drive in a protected form.

You can protect information by simply storing it in an archive and setting a password, although this is not always convenient, but it is safe.

3. Choosing the brokerage company itself - now there are practically no obvious scammers on Forex, but not every broker will allow you to constantly win, especially if you trade using scalping.

Therefore, it is advisable to work only through the largest brokers , this will give you at least some guarantees that there will be no game against you.

And you shouldn’t think that all these are trifles; if you trade on a cent account, a fraudster can find out the number and code of your bank card, gain access to your wallet in the payment system, and steal money from there. According to statistics, it is because of neglect of security when working on Forex that about 10% of money is lost.