Glossary › scam

Trading glossary · markets

scam

A trick to steal your money, often promising you cannot lose or pushing you to hurry.

The fuller meaning

A fraudulent scheme. Red flags include guaranteed or high daily returns, fake profit screenshots, 'AI trading bots', pressure to deposit quickly and unregistered apps; regulators publish warnings, and registration checks and never sharing passwords, codes or keys are the main defences.

scam.

Related words

24/7 market · after-hours · Asian session · ask · base currency · bid · bid-ask spread · Bitcoin · BSE · business income