Your favourite business forum has several initiatives for the benefit of members. At ZBIN we keep moving, scanning the environment and finding opportunities for our members. We are however careful not to mislead our members into joining ponzi schemes. We usually take our time to study and analyse schemes before encouraging our members and followers to join. This is why we are taking our time to study Bitcoin before we encourage you to join the scheme. We do not have sufficient information about it, we have no known case studies of people who have benefited so for this reason, we are taking time to analyse because people have every right to question every initiative especially after dubious schemes such as the Sack Potato,Quail Birds and MMM schemes.
One of the schemes we are involved in and have studied in detail is Online Forex Trading. A legal genuine way of participating on the forex trading market which is worth more than a Trillion US Dollars. For more information about Online Forex Trading do visit www.babypips.com
Below we try and answer some of the questions from members
Explanation of the initiative
Members get basic free training online forex trading, they get an overview of online forex trading, they are provided with a few resources before they start trading.
Who can join our group?
So far we are not adding new people, we would like all the over 300 people in our group to be experts on trading. We would like them to show successful results of trading before rolling out more trainings to other members.
Is success guaranteed?
Online forex trading is not a get rich quick scheme, members get trained and they have to put an extra 80% effort on their own to be experts. We have found innovative ways of obtaining information that helps members to improve their trading and to date this has been successful. This is the model we will be using –a platform where members are trading on a small scale, sharing information of how trades are going with the hope of improvement
Online Forex Fraudsters
In Zimbabwe fraud is commonly perpetrated by Online Forex Trading Trainers! Trainers have been asking people to invest or entrust them with funds for investment promising huge returns. Unfortunately there are no guaranteed returns in online forex trading. Most of the trainers fled the country after failing to return funds invested.
As ZBIN our policy is that you trade on your own! We are always quick to kick out anyone promoting any Ponzi schemes or any other schemes apart from Online Forex Trading. We are always emphasising this because as a registered trust, the last thing we would like to do is to be involved in dodgy schemes.
When is the next training
The next training is on this Friday in Harare in the afternoon. It is a follow up to the initial training conducted 2 weeks ago. This time trainees will get hands on training at a café in Harare. This is our first official group that will be involved in our initiative of trading, members will be starting with very low amounts and getting confidence before funding their accounts with large amounts. As earlier explained, they trade on their own and checking within the community for any problems, sharing successes and failures.
When is the next window opening?
The cost of online forex trading training is very high with some trainers charging fees of $150-$250 for a full course or $15 per hour for different modules. ZBIN is therefore the only known institution that is doing it for free and we are hoping to successfully showcase success stories by end of June. We would like to show that we trained x number of people and they earned xy amount individually and collectively. Between now and end of June, we encourage folks interested in joining us to visit www.babypips.com where they can access a lot of resources before they join us.
