Sometimes criminals pretend to be legitimate forex brokers or investment platforms that already exist to trick people into investing in non-existent forex funds.

Fraudsters will often use the name and registration number of an authorized forex broker. It is common for scammers to give reasons why these numbers are wrong such as being out of date. Some scammers also set up identical websites to trick investors into paying them.

Any trader, both experienced and novice, can become a victim of a scam in the Forex market. Having a license from a broker is not a guarantee of the honesty of a broker. Before investing money in a particular broker, be sure to read the broker reviews on the Global Fraud Protection website , this will help you avoid losing funds

Global Fraud Protection has already exposed more than 500 scam brokers such as the FXFlat scam broker. And they helped more than ~2000 deceived traders to return their funds, to someone all the money, to someone partially. Global Fraud Protection knows how to return the lost money and under what conditions it is realistic to do it (the sooner you ask for help, the higher the chance of a successful return of funds, until the money leaked to dozens, or even hundreds of fictitious wallets and bank accounts).
Global Fraud Protection is a team of professionals helping traders from the US, Canada, Germany, UK, Australia and the U.A.E. since 2019