A forex scam is a scheme that con artists would use to convince traders to invest with them for high-profit rates in a short time period and vanish into thin air with their money.
Take note that promising high profits are not a sure shot indicator of a scam because it is actually possible; however, brokers promising that as an absolute result should be doubted.
Before investing money in a particular broker, be sure to read the reviews on the Global Fraud Protection website, this will help you avoid losing funds. Global Fraud Protection exposed over 500 fraudulent brokers . Here https://globalfraudprotection.com/scam-recovery/novatechfx-broker-review/ You can know about why NovaTechFX broker is a scam Global Fraud Protection, they helped more than ~2000 deceived traders to return their funds, to someone all the money, to someone partially
Global Fraud Protection will tell you about different types of fraud in online trading, including trading in crypto-assets, commodities, stocks and world-famous indices