How to Report a Forex Scammer – A Quick Guide

by Mike RubinsonApril 26, 20214, 26, 2021

Report a Forex Scammer

The enormous potential for profitability associated with the global forex currency market is one of the top reasons for its popularity. Its daily trading volume is in excess of $5 trillion, which has helped it become the biggest financial market in the world, but this has also magnified the risks. Every day, new forex brokerages are established and in parallel, there has also been a rapid growth of scam and spam services in the FX market. There are different kinds of scams that can take place and it is essential that people not be fooled by professional looking websites.

These days, it is easy for anyone to make a website and claim to be authentic and before you know it, you will become a victim of a forex scam. It doesn’t matter whether it is an automated robot trading scam, a dishonest broker or a signal selling service; you will lose your hard-earned money, something that everyone wants to avoid. If you have already had to deal with these disastrous consequences, you would obviously want to know how to report a forex scammer in order to get some justice. Not doing so is not the right approach to take because this will only embolden these scammers because they know they will never get caught.

Sure, you have already suffered from a forex scam, but this doesn’t mean that all hope is lost. You can get in touch with Money Back and report the scam. Ignoring it may seem easier, but you should understand that by doing so, you are also letting other people down. The scammer may go on to scamming thousands of other innocent people and they will also lose their hard-earned money, just like you have. Do you want others to suffer the same fate? By reporting it to Money Back, you are sending a message to these scammers that there is some action that can be taken and they will not get away with it.

Money Back will report the scam to the appropriate authorities and ensure that it is taken down. Moreover, they specialize in scam recovery services, which means you actually have a chance of getting your money back. What better news could there be? Indeed, even after you have lost your money to a forex scammer, there is a possibility that you may be able to recover your funds. The key is to seek Money Back’s services right away and enable them to take immediate action against the scammers. Most people don’t do this because they believe that there is nothing that can be done once you have been scammed.

There was a time when such services didn’t exist and people had no knowledge of how to go about tracking these scammers, but things have changed. Now, with Money Back, you no longer have to accept your losses because there is a possibility of recovery. You could try on your own as well, but since you don’t have any knowledge of how these forex scammers operate, you may not get the desired results. Furthermore, you could explore other avenues like going to your local police, but these forex scammers are fully aware of how to get around them and you will not see any progress.

When you report the forex scammer to Money Back, our team will get into action immediately. They will ask you to provide all the relevant details about the scam, as these can help in outlining the steps. We know what authorities to reach out to for reporting the forex scammer in question and will do so right away to make sure no one else becomes a victim. Secondly, we focus on starting the fund recovery process by filing a chargeback or using other laws that can work in your favor. At the end of the day, reporting the forex scammer to Money Back can prevent other people from being victimized and help you get your funds back.

Anat Samovski


I was working in the risk dept of a major binary company, after a few months I understand what this industry is all about and I left. I believe that it is divine providence that MoneyBack found me and hired me. I know how many people fall for this kind of scams and I know what we can do for them I wish we could have gotten to them all. If you lost money to a rading scam online please sign up because we can help you!!

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