As Pavel Durov has been charged for illegal activities on Telegram, I recalled FXStreet's engagement with the social media platform over financial scams.
Telegram quickly approached FXStreet against a report affecting their name but never replied to the flagging of our clone.
Pavel Durov at TechCrunch Disrupt Europe Berlin 2013; Source: Wikimedia Commons
Pavel Durov's recent arrest at a Paris airport sent shockwaves through the tech and trading communities. Durov, Telegram's founder and CEO, faces charges related to the criminal activities happening on its platform.
This is FXStreet's inside story with Telegram.
The Fate of Two Emails
On a Tuesday at noon, April 9 this year, FXStreet's contact desk received a routine email titled “Article Review – Potential Amends.” What was a usual reach-out from a company to amend or influence our coverage felt a little special because of its sender: a Telegram representative.
The email read as follows (translated from Spanish):
I am writing to request clarifications on an article.
We can't confirm that such a vulnerability exists. This video is likely a hoax. The people behind the video were unable to provide any information that could be used to reproduce this behavior.
On the other hand, it is not true that Pavel Durov is the owner of Toncoin. Toncoin is the cryptocurrency of TON (The Open Network), from the TON Foundation. The TON Foundation is completely independent of Telegram.
I would appreciate it if you could make the relevant clarifications.
Thank you for your time.
Greetings.
Our editorial team reviewed the request, made the appropriate amendments, and replied to the Telegram spokesperson. Before the end of the next day, the ticket was closed.
In the corrected article, a note was left indicating the changes: “This story was corrected on April 10 at 00:48 GMT to remove a reference which described Pavel Durov as the owner of Toncoin.”
Two months prior, on February 23, an internal email titled “Scam prevention campaign in Telegram” circulated among the FXStreet team. In it, our Social Media manager called for action against FXStreet clones and impersonators on the platform.
In the next few months, FXStreet employees reported several channels and accounts to Telegram for their takedowns. Some used the FXStreet brand without permission and peddled signal services “with up to 93% accuracy” and investment plans that turn $1,000 into $5,000 in just three days. Others impersonated FXStreet experts' identities and offered to copy-trade their successful strategies.
After six months, and despite all the team's efforts, these scams and new ones remain active on Telegram. No Telegram representative has reached back.
Telegram's Wild West
Telegram's significance in the trading community cannot be overstated. With its large-scale channels and bot integrations, it has become a go-to platform for traders seeking real-time information and community engagement. Our verified channel, “FXStreet Forex News,” delivers timely news to almost 100,000 traders daily in the messaging app.
This popularity—and the lack of moderation and policing—has made the platform a breeding ground for scams. A joint survey by Finance Magnates and FXStreet found that 60.09% of traders who fell victim to scams on Telegram lost funds, making it the platform with the highest “success rate” for scammers.
Scam victims on social media who lost funds; Source: A Joint survey by Finance Magnates and FXStreet
Our unsuccessful efforts to prevent scammers from thriving on the platform highlight Telegram's lack of care in protecting its users.
Freedom of Harm
For several days, pundits have been discussing the “true motives” behind Durov’s arrest and accusations—be it geopolitical plays, attacks on privacy and free speech, or national security concerns.
No expert, though, even the most staunch Telegram defender, is arguing that the underlying accusations are untrue.
I love Telegram and all the positive innovations it has brought—from large-scale groups to embracing cryptocurrency—but I refuse to accept the problems it breeds as inevitable.
Telegram reached out to FXStreet to fight back against a “likely hoax” affecting its name. Why wouldn’t it also react to proven frauds happening on its platform?
Back in March, I argued here on Finance Magnates that Telegram was an ideal playground for scammers, and added: “Telegram should take action or take responsibility for what happens on its platform.”
I hope Durov regains his freedom of movement soon. At the same time, I hope Telegram takes responsibility and does its best to free users from harm and scams.
Pavel Durov's recent arrest at a Paris airport sent shockwaves through the tech and trading communities. Durov, Telegram's founder and CEO, faces charges related to the criminal activities happening on its platform.
This is FXStreet's inside story with Telegram.
The Fate of Two Emails
On a Tuesday at noon, April 9 this year, FXStreet's contact desk received a routine email titled “Article Review – Potential Amends.” What was a usual reach-out from a company to amend or influence our coverage felt a little special because of its sender: a Telegram representative.
The email read as follows (translated from Spanish):
I am writing to request clarifications on an article.
We can't confirm that such a vulnerability exists. This video is likely a hoax. The people behind the video were unable to provide any information that could be used to reproduce this behavior.
On the other hand, it is not true that Pavel Durov is the owner of Toncoin. Toncoin is the cryptocurrency of TON (The Open Network), from the TON Foundation. The TON Foundation is completely independent of Telegram.
I would appreciate it if you could make the relevant clarifications.
Thank you for your time.
Greetings.
Our editorial team reviewed the request, made the appropriate amendments, and replied to the Telegram spokesperson. Before the end of the next day, the ticket was closed.
In the corrected article, a note was left indicating the changes: “This story was corrected on April 10 at 00:48 GMT to remove a reference which described Pavel Durov as the owner of Toncoin.”
Two months prior, on February 23, an internal email titled “Scam prevention campaign in Telegram” circulated among the FXStreet team. In it, our Social Media manager called for action against FXStreet clones and impersonators on the platform.
In the next few months, FXStreet employees reported several channels and accounts to Telegram for their takedowns. Some used the FXStreet brand without permission and peddled signal services “with up to 93% accuracy” and investment plans that turn $1,000 into $5,000 in just three days. Others impersonated FXStreet experts' identities and offered to copy-trade their successful strategies.
After six months, and despite all the team's efforts, these scams and new ones remain active on Telegram. No Telegram representative has reached back.
Telegram's Wild West
Telegram's significance in the trading community cannot be overstated. With its large-scale channels and bot integrations, it has become a go-to platform for traders seeking real-time information and community engagement. Our verified channel, “FXStreet Forex News,” delivers timely news to almost 100,000 traders daily in the messaging app.
This popularity—and the lack of moderation and policing—has made the platform a breeding ground for scams. A joint survey by Finance Magnates and FXStreet found that 60.09% of traders who fell victim to scams on Telegram lost funds, making it the platform with the highest “success rate” for scammers.
Scam victims on social media who lost funds; Source: A Joint survey by Finance Magnates and FXStreet
Our unsuccessful efforts to prevent scammers from thriving on the platform highlight Telegram's lack of care in protecting its users.
Freedom of Harm
For several days, pundits have been discussing the “true motives” behind Durov’s arrest and accusations—be it geopolitical plays, attacks on privacy and free speech, or national security concerns.
No expert, though, even the most staunch Telegram defender, is arguing that the underlying accusations are untrue.
I love Telegram and all the positive innovations it has brought—from large-scale groups to embracing cryptocurrency—but I refuse to accept the problems it breeds as inevitable.
Telegram reached out to FXStreet to fight back against a “likely hoax” affecting its name. Why wouldn’t it also react to proven frauds happening on its platform?
Back in March, I argued here on Finance Magnates that Telegram was an ideal playground for scammers, and added: “Telegram should take action or take responsibility for what happens on its platform.”
I hope Durov regains his freedom of movement soon. At the same time, I hope Telegram takes responsibility and does its best to free users from harm and scams.
Pere is the co-CEO of FXStreet, where he oversees the editorial, analytical and marketing areas. With over a decade of experience in the financial services sector, he is committed to empowering independent traders with the insights and tools they need to confidently navigate the financial markets.
A graduate in Advertising and Public Relations from the Universitat Autònoma de Barcelona, Pere combines his expertise in communication with a passion for understanding how financial markets tick.
Outside work, he enjoys outdoor activities with his family in the beautiful Catalan landscapes.
Today’s Thursday, the 11th of June 2026, and these are our main stories: Spain moves to classify certain futures products as CFDs for retail investors, IUX reports more than $1.5 trillion in monthly trading volume, and a closer look at why crypto still struggles to reach the mainstream.
Today’s Thursday, the 11th of June 2026, and these are our main stories: Spain moves to classify certain futures products as CFDs for retail investors, IUX reports more than $1.5 trillion in monthly trading volume, and a closer look at why crypto still struggles to reach the mainstream.
Today’s Thursday, the 11th of June 2026, and these are our main stories: Spain moves to classify certain futures products as CFDs for retail investors, IUX reports more than $1.5 trillion in monthly trading volume, and a closer look at why crypto still struggles to reach the mainstream.
Today’s Thursday, the 11th of June 2026, and these are our main stories: Spain moves to classify certain futures products as CFDs for retail investors, IUX reports more than $1.5 trillion in monthly trading volume, and a closer look at why crypto still struggles to reach the mainstream.
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
In this video, we review @AxiOfficialChannel , a multi-asset broker offering access to forex and CFD markets through MetaTrader 4, MetaTrader 5, the Axi Trading App, and copy trading solutions.
We examine the broker’s regulatory framework, platform offering, market coverage, and customer support structure. We also explore key features such as available trading instruments, swap-free account options, funding considerations, and multilingual support.
Watch the full video for a clear, fact-based overview of Axi’s products, trading tools, and overall broker offering.
#Axi #ForexBroker #CFDTrading #FinanceMagnates #Trading #BrokerReview #OnlineTrading
Multi-Asset or Die: The New Brokerage Playbook
Multi-Asset or Die: The New Brokerage Playbook
Multi-Asset or Die: The New Brokerage Playbook
Multi-Asset or Die: The New Brokerage Playbook
Multi-Asset or Die: The New Brokerage Playbook
Multi-Asset or Die: The New Brokerage Playbook
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
This panel will explore how firms are moving beyond CFDs into crypto, perpetuals, equities, and multi‑asset offerings, and the challenges they face across regulation, technology, liquidity, and risk management. It examines what is driving the shift, what it takes to execute it successfully, and how brokers can position themselves for the next phase of growth.
Beyond Reach? Retail Investor Acquisition Across APAC
Beyond Reach? Retail Investor Acquisition Across APAC
Beyond Reach? Retail Investor Acquisition Across APAC
Beyond Reach? Retail Investor Acquisition Across APAC
Beyond Reach? Retail Investor Acquisition Across APAC
Beyond Reach? Retail Investor Acquisition Across APAC
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
APAC accounts for two-thirds of global retail trading traffic, but with differences of language, regulation, and trader profile, the region's growth is ag great as complexity.
This session gathers CMOs, heads of acquisition, and IB relationship managers to examine what actually works, channel by channel, market by market.
Attendees will walk away with:
A clear view of which channels deliver funded, retained traders across Singapore, Japan, and Southeast Asia
Understanding of how to structure IB partnerships for LTV, not first deposit
Insight into what localization actually costs beyond the translation budget
Perspective on how ad restrictions, crypto promotion limits, and bundling rules differ across APAC jurisdictions
A read on whether the super-app model changes acquisition economics for retail investing platforms
