Forex is not scam, but you will large number of scams linked with Forex trading. Scams are regarded as a big issue faced by various people in the trading industry. With any type of industry you will find large numbers of individuals searching to take benefits of the new traders. Forex is regarded as legitimate endeavor. It is an actual business that can gain profit, but for this it should be treated in such a way. This business will not make you rich overnight.