Avoiding Scams

To recognize forex broker scams, we need to know how scams could be done, then discern characters of forex brokers who might be scammers.

Being scammed in the forex market is certainly disheartening, but it's not the end of the world. You can recover yourself by trying to get reimbursement and will yourself to recover from the loss.

Choosing the right broker is the first and important step to join the forex world. If you're not careful, you will be sucked into the traps of a forex broker scam that leads you to a devastating loss.

In forex trading, scamming practices are often carried by the brokers. That is why as a trader, you must know which broker that must be avoided to minimize the risk of being scammed.

Finding a trustworthy broker is highly necessary. But most times, brokers don't really tell the truth so it may be hard to know if they're really legit or not.

Is there such a thing as MetaTrader 5 scam? Believe it or not, many have questioned MT5's safety when the problem comes from the brokers that provide it.

PAMM accounts may be beneficial for traders and investors, but there are scams and frauds looking for victims who don't know how to recognize the signs.

Telegram is a popular platform for forex enthusiasts. Unfortunately, the messaging app is also a favorite place for scammers targetting newbie traders.

Are you an active WhatsApp user and are getting into forex trading? You should be careful if there are offers related to trading in your WhatsApp platform, especially if it's about forex signals.

Despite having strict regulations, Singapore is certainly not free of forex scams. Let's find out the different stories of forex scams in Singapore and how to avoid them.