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2. Foreign exchange fraud - Wikipedia

   en.wikipedia.org/wiki/Foreign_exchange_fraud

   In August 2008, the CFTC set up a special task force to deal with growing foreign exchange fraud. [3] In January 2010, the CFTC proposed new rules limiting leverage to 10 to 1, based on "a number of improper practices" in the retail foreign exchange market, "among them solicitation fraud, a lack of transparency in the pricing and execution of transactions, unresponsiveness to customer ...

3. Forex Brokers: Are They a Scam? - AOL

   www.aol.com/news/forex-brokers-scam-162736409.html

   Forex, or the foreign exchange market where investors and institutions trade currencies, is the biggest financial market in the world. While forex trading is legal, the industry is rife with scams ...

4. Forex scandal - Wikipedia

   en.wikipedia.org/wiki/Forex_scandal

   The forex scandal (also known as the forex probe) is a 2013 financial scandal that involves the revelation, and subsequent investigation, that banks colluded for at least a decade to manipulate exchange rates on the forex market for their own financial gain. Market regulators in Asia, Switzerland, the United Kingdom, and the United States began ...

5. FXCM - Wikipedia

   en.wikipedia.org/wiki/FXCM

   Website. www.fxcm.com. FXCM, also known as Forex Capital Markets, is a retail foreign exchange broker for trading on the foreign exchange market. FXCM allows people to speculate on the foreign exchange market and provides trading in contract for difference (CFDs) on major indices and commodities such as gold and crude oil. It is based in London.

6. What is forex trading? - AOL

   www.aol.com/finance/forex-trading-212232317.html

   Forex, or foreign exchange, trading involves exchanging one currency for another. Individuals or companies might have functional purposes to engage in forex trading, such as traveling or operating ...

7. We Were Victims of Financial Scams: Here Are Our Stories - AOL

   www.aol.com/finance/were-victims-financial-scams...

   The post-pandemic era is turning out to be a bonanza for scammers. According to the Federal Trade Commission (FTC), consumers reported losing nearly $8.8 billion to fraud in 2022 -- a staggering ...