Forums » General » How do I go about recovering money from a Forex scam?

olivia.davis
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How do I go about recovering money from a Forex scam?

franksmith
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Hi, according to my experience you can rely on some trusted resources like this one with some detailed brokers review, check out binatex review https://scambrokersreviews.com/brokers-reviews/binatex-review-2021-broker-scam-or-legal/ for instance. There is a wide range of reviews on scam brokers both you can rely on and avoid. Plus you can report about a scam directly from the website, which is quite handy. Be ready to undertake all necessary steps to get your money back. Good luck

freestown7
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How do I go about recovering money from a Forex scam?

Brokers are going to - legitimately - state that you, the investor, chose where to put your money. You can’t buy cryptocurrencies hoping to get rich quick and then blame the broker who willingly took your money when their price went down - just as one example. Another example is people expecting that making money by forex trading is “easy” and profitable; likewise commodities, penny stocks, and so on.

Learn from your mistakes; anything that sounds too good to be true, probably is, and there are no “get rich quick” schemes that don’t come with substantial downside risk.

Caveat emptor - let the buyer beware. And use reputable brokers; none of them charge anything for trades these days.