![]() The high degree of leverage can work against you as well as for you. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. If you want to know more about this topic or have been scammed by a fraudulent broker, you can also contact us at If you get the basics right and choose a safe broker, you can then fine-tune your selection by trying out a free Demo account and by doing that, you can test the functionality of the site hands-on.Ĭrowdsourcing information about scam brokers can help others avoid falling into the traps set by disreputable brokers. Alternatively, the Broker Review section of our site gives a breakdown of the pros and cons of different brokers – but we only carry out reviews on brokers we rate ‘legit’. If you are looking to trade with a reputable broker, please visit the Forex Fraud short-list of trusted brokers.
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