Scamming means fraud but Forex is not a fraud. Fact is that brokers associated with Forex are mostly indulged into scamming. The forex market is a legitimate trading market where the world's currencies are traded. It is not a scam in-itself. Without the forex market it would be difficult to trade the currencies needed to buy imports, sell exports, to go on holidays or do cross border business. Trade12 is a scam free regulated broker which is certified and operated by Exo Capitals Markets ltd.