ForexFraud Header
New to Forex
Start the forex training course.

Are you interested in forex trading and want to learn more about forex scam, commodity fraud, and other investment scams or just interested in reading those spectacular stories? Then ForexFraud.com is the right place for you! Read about expert advisor software frauds, forex broker scams, managed account HYIP frauds, Ponzi schemes, signal generator scams and Instagram scams. A great way to start is our extensive article on different types of forex scams and what to consider to prevent forex and commodity fraud.

ForexFraud.com provides a great deal of excellent resources in the Forex News section as well as in the Learn Forex Trading section to the left. We also have compiled a list of trusted forex brokers for you to choose from. Our aim is to satisfy every forex trading need.

Reviews of recommended Forex Brokers >> Forex Brokers to avoid >>

Safest Forex Brokers 2019

Broker Info Best In Customer Satisfaction Score
#1 ForexTime LogoYour capital is at risk Founded: 2012 Global CFD and FX broker
Number One Broker
Best CFD BROKER Visit broker
#2 Alpari International LogoYour capital is at risk Founded: 1998 Global CFD and FX broker
Number One Broker
Best CFD BROKER Visit broker
#3 Your capital is at risk Founded: 2005 Australian-based forex broker
Number One Broker
#4 Your capital is at risk Founded: 2006 Australian forex broker
Number One Broker
#5 City Index Logo72% of clients lose money. Capital at risk Founded: 1983 American FX broker
Number One Broker
BEST API Visit broker

    Further Information on Forex Scams & Frauds

    Forex fraud is a growing problem. It can be found everywhere from boiler room scam artists, to some guy you met at the coffee shop the other day, even past trusted brokers and executives have been involved in forex scams. The most common victims are the ones who think it will never happen to them. Though there is no guaranteed way to avoid forex fraud, it is still possible to trade, minimize the chance of becoming a victim of a forex scam, and prosper in the forex market providing you remain diligent and alert in every decision you make.  Don’t let your hard earned dollars become an easy profit for some forex scam artist, make sure any person you choose to do business with is duly regulated in the country they operate from.

    Submit a Broker Complaint

    Got a complaint about a broker? Get it resolved at AskTraders.


    Featured Broker

    City Index

    City Index was founded in the UK in 1983 as one of that country’s first spread betting providers. This London-based broker offers its clients trading in more than 12,000 assets, which include forex, indexes, commodities and stocks. The company was also one of the first brokers to offer Contracts for Difference or CFD trading in 2001.

    In 2005, City Index purchased Finspreads, a leader in the field of online spread betting since 1999. The company continued growing and increasing its business scope by acquiring IFX Markets, a provider of margined foreign exchange trading along with its platform that included trading in precious metals, such as gold and silver; 48 spot currency pairs; and 40 IMM and Finex EFP or Exchange for Physical products.
    Read the full review of City Index.

    Popular Articles

    Default Thumbnail

    Forex Trading Tips – 20 things you need to know to be a successful trader

    Forex has caused large losses to many inexperienced and undisciplined traders over the years. You need not be one of the losers. Here are twenty forex trading tips that you can use to avoid disasters and maximize your potential in the currency exchange market.

    Instagram Scam Screenshot

    Young People Targeted by Instagram Scams. That Means You Too!

    People under 25 are falling in droves for the lavish payouts promised by rudimentary Instagram scams. The phenomenon has become so wide-spread that even the FCA saw it fit to sound the alarm on the issue. Until not-so-long-ago, old people (those over 55) were considered to be most vulnerable to various scams perpetrated online. It …

    SIM-Swap-Fraud Process

    Beware of “SIM-Swap” fraud, the hottest new scam sweeping the planet

    From India to California, to the UK and Europe, and soon to a neighborhood near you, the hottest new fraud trend involves what is called a “SIM-Swap” scam. It is both insidious and sophisticated in that you may never see it coming until the last possible moment, the moment when your bank account, your forex …