Forex scam help and broker checks in Australia
Forex scams target Australians with fake regulated brokers, clone websites, and guaranteed-return schemes. Verify any forex platform with FTO-Union before you invest.
Red flags of forex scams
Unregistered entities, pressure to deposit quickly, accounts managed by unknown advisors, withdrawal blocks, and fake ASIC or FCA license numbers are common warning signs.
Verify ASIC and FCA licenses
Search our broker audit registry and cross-check the ASIC Professional Registers Search. A legitimate AFS licensee must match the exact company name on your account agreement.
Already lost money?
Stop sending funds immediately, preserve all evidence, and file a complaint with FTO-Union. Early action improves the chance of tracing transfers and initiating recovery.
Frequently asked questions
Is my forex broker regulated in Australia?
Search the broker on our Brokers page. Compliant firms show a Safe rating with verified ASIC, FCA, or CySEC licenses.
What if the broker claims ASIC registration but is not listed?
Treat it as a likely scam or clone firm. Report it through our complaints portal immediately.