The answer is complicated, if you find a provider that you trust and has a proven track record, then yes, they can work, however, reliable services are few and far between. Online forex scammers will entice individuals with screenshots of large profits and rented super cars. Once they have captured an individuals attention they will request them to sign up to a specific brokerage with a referral link. This is where most of these scammers will receive their money, brokers will pay these individuals for new sign ups to their platform. Mostly, they have no idea how to be consistently profitable in the markets. In addition, these brokers are normally not the most trusted! This question has a lot more facets to it and will be discussed in detail in the trading academy.