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Forex Trading Scams: Complete Guide to Detection and Recovery

Forex scams cost victims millions each year. Discover how these schemes work and what you can do to protect yourself or recover lost funds.

FIT

FRS Investigation Team

Author

February 1, 202415 min read

The Forex Scam Landscape

Forex trading scams have become increasingly sophisticated, targeting both novice and experienced traders.

Most forex scams operate as Ponzi schemes, using new investor money to pay returns to earlier investors.

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Learn the warning signs of crypto fraud and protect your investments. We reveal the most common tactics used by scammers and how to avoid them.

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