Step 5 - Be cautious about how you contact a business The best defence against phishing scams, is to assume the email is untrustworthy and to pursue direct channels to businesses that you trust. Every step of the way you receive feedback by email. Read more about how USForex is serious about the safety of your money. The more options there are for trading platforms, the more likely you will find functionality that can lead you to profitability. Recipients are generally redirected to a fake website and asked to enter personal information which is subsequently used for fraudulent purposes. They quickly want to move off the website onto personal email or phone number for communications. Yes the rewards can be greater than with other investment securities, but you can also lose your entire stake due to the whims of the market or to the schemes of a shrewd fraudster.