The CFTC has witnessed a sharp rise in forex trading scams in recent years and wants to advise you on how to identify potential fraud. Generally, foreign entities that solicit you to trade in, among other things, Forex and binary options, are required to register with the CFTC.However, the lure of "easy money" from forex trading can be deceptive. MoneyMaking Opportunities and Concerning Deceptive or Unfair Conduct around. Endorsements and Testimonials updated October 25, 2021. Forex trading is exchanging one currency for another to profit from the trade. Learn more about trading foreign currencies. The Forex industry faces a range of financial crime risks, including insider trading, market manipulation, and fraud. The Forex market should be filled with liquidity due to high trading volumes. A pickle is never nefarious or mean.