The foreign exchange market, often called Forex or FX, is like a giant marketplace where people from all around the world can buy, sell, trade, and even take a guess on different currencies. All sorts of players are involved, like banks, companies, central banks, investment management firms, investment funds, those retail forex brokers, and regular folks who invest. It's the biggest financial market on the planet, with trillions of dollars traded every day. That's why it's important to be careful when choosing a broker and avoid falling for forex scams.There have been two cases of scam trading robots in Indonesia, with a total loss of 11 trillion Indonesian Rupiah. These cases involved companies operating in Indonesia, namely ATG and Net89. So, it's a good idea to be cautious and do your research before diving into the forex world.