What do you do when a scam approaches you?
Scammers work trading communities daily: fake account managers, recovery services, cloned broker apps and romance-then-investment routines. Knowing the playbook in advance is the best defence.
Share what you've encountered:
- the approach they used
- how you recognised it
- where you reported it
Don't post links, numbers or handles — the filter removes them anyway. The warning signs are in forex scams, and this thread exists so the community can recognise the current tactics.
Background: Forex scams: the warning signs, and how recovery scams work
Fake brokers, signal sellers, account managers and romance-investment schemes all target forex traders. The patterns they share and what to do if you have been caught.
Why do scam brokers ask for a fee before withdrawal?
To extract more money. Genuine brokers deduct any fees from your balance and don't demand separate tax or unlock payments before releasing a withdrawal.
Can someone recover money lost to a forex scam for a fee?
Be very careful. Upfront-fee recovery offers are a common second scam. Contact your bank, your regulator and the police directly instead.
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