The nature of the forex market is that it is a zero-sum market. This simply means that whatever one trader gains, another trader loses. Unlike in the stock market, there is no instance that everyone profits in the foreign exchange market at any one time. There are always winners and there are losers, although it might not be on a single transaction.
Forex scams may be identified for their online trading scams common characteristics. One of the obvious signs of such scams includes promises of large profits. Most forex scams try to attract unknowing victims by guaranteeing high returns for low risk investments in certain currencies. Masterminds of forex scams also use high pressure tactics to convince investors to immediately send money through money transfers or through overnight delivery companies.