Forex, or the foreign exchange market where investors and institutions trade currencies, is the biggest financial market in the world. While forex trading is legal, the industry is rife with scams ...

Forex Trading for Beginners: How to Trade Currency and Avoid Forex Scams U.S. News & World Report July 17, 2024, 8:00 PM ...

Many scams in the forex market are no longer as pervasive due to tighter regulations, but some problems still exist. A traditional scam is for forex brokers to offer wide bid-ask spreads on ...

The card chargeback is the most effective method to get your money back from forex scams. You can directly file a dispute with the issuing bank on the concerned transaction.

By the time the scam unravelled in 2017, families had lost their life savings. Lemos was sentenced to over 500 years in prison in Dubai—yet despite this landmark case, fraudulent forex platforms ...

A 30-year-old man has been arrested by the Hawks in Hartswater for allegedly operating a forex trading scam, fleecing at least R2 million from his victims.