You were burned by a scam broker. You feel helpless, angry, and are seeking justice. And then, you find ForexFirst.org. The name inspires trust. "Forex" — means they are in the know. "First" — first aid, the first step to rescue. This is a carefully crafted illusion. In reality, it is the first step into a new, even more cynical funnel of deception.

Name Analysis: Why "ForexFirst"?

This is not a random set of words. The scammers chose this name to evoke subconscious associations with brokerage activities in their victims. It's as if they are saying: "We are one of you, we are from the world of forex, we know how everything works from the inside, and that is why we can help you." This is a psychological trick to lower your guard.

The Four-Act Scheme: How You Are Processed

Fin-Veritas analysts have studied dozens of complaints and identified a clear, repetitive scenario by which ForexFirst.org operates.

Act 1: The "Free" Consultation

It all starts with "free" help. You submit a request, and a "senior lawyer" (actually a sales manager) calls you back. The purpose of this call is not to help you, but to qualify you:

  • To find out how much money you lost.
  • To assess your emotional state (the more desperate you are, the better).
  • To make sure you still have funds that can be extracted.

At the end of the conversation, they give you a verdict that is always the same:

"Yes, your case is absolutely standard and 99% winnable. We specialize in this broker. We can start working today."

Act 2: The Chain of Prepayments

As soon as you agree, the game of "pay the last commission" begins. You will be sequentially billed for fabricated services:

  1. Advance for Legal Work: The standard first payment ($400 - $1500) to "assign a lawyer to you and start the process."
  2. Payment for Financial Regulator Services: You are told you need to pay a fee to the regulator to review the case. This is a blatant lie — regulators do not take money from victims.
  3. Commission for Conversion/Transit: "Your money has been found in a transit account in a Singapore bank, you need to pay for conversion to your currency."
  4. Tax on International Transfer: The final blow. They show you a fake screenshot of your refund amount and demand you pay the tax, otherwise "the transfer will be blocked."

After each payment, they will assure you that it is the last one. They will only stop when you stop paying.

Fin-Veritas Verdict: Financial Vultures

ForexFirst.org is a fraudulent organization that has neither the legal nor the technical capabilities to recover funds. They are financial vultures that flock to the victims of other scammers to finish them off.

Any company that demands a prepayment to recover money lost to a broker is a scammer. No exceptions.

The Only Real Path

If you have been scammed by a broker, forget about "helpers." Your only real, though not guaranteed, path is to:

  • Contact your bank through which you made the transfers and file for a chargeback (transaction dispute). It's free.
  • Gather all evidence: screenshots of your personal account, correspondence with managers, account statements.
  • File a report with law enforcement.

And most importantly — do not repeat your mistakes. Before entrusting your money to any company, check it against the independent Fin-Veritas rating.