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.
Having a license from a broker is not a guarantee of the honesty of a broker. Any trader, both experienced and novice, can become a victim of a scam in the Forex market, and there is nothing to be ashamed of.
Global Fraud Protection has already exposed more than 500 scam brokers. Global Fraud Protection on its website analyzes in detail what fraud schemes are used by fraudulent brokers such as Inertia Finance https://globalfraudprotection.com/scam-recovery/inertia-finance-broker-review/ and fraudulent online trading platforms