Familiarize yourself with the site and study the reviews before starting a forex activity
You need to check the broker. Choose a forex broker that has passed the licensing procedure (check for a license). You need to read about scam brokers as well as trusted online broker reviews on Scam Brokers Reviews. It will also help you understand how forex works and what can happen.
Often, novice investors are faced with a situation where scammers offer get-rich-quick schemes through forex and cryptocurrency. You should be wary of any investment scheme that promises guaranteed returns. A return or profit in the foreign exchange market can never be guaranteed as all investments are subject to market risk.