🛡️ Broker Verification Tool

Scam Broker Checker

Search any broker name to check if it's regulated, unknown, or a known scam. Protect yourself before you deposit.

How to Spot a Scam Broker

They guarantee profits

No legitimate broker or trading system can guarantee returns. Markets are inherently unpredictable, and anyone promising guaranteed profits is lying.

They use celebrity endorsements

Scam brokers frequently use fake celebrity endorsements from people like Elon Musk, Jeff Bezos, or local celebrities. These are always fabricated.

They pressure you to deposit immediately

Legitimate brokers do not pressure you with countdown timers, "limited spots," or aggressive phone calls demanding immediate deposits.

They have no regulatory licence

Always verify a broker's regulatory status with the regulator directly. Check the FCA Register, ASIC Connect, or CySEC's list of regulated entities.

Withdrawals are blocked or delayed

If a broker makes it difficult to withdraw your money — requiring extra deposits, fees, or "verification" — that is a major red flag.

They found you through social media ads

Many scams operate through Facebook, Instagram, or YouTube ads featuring fake news articles and fabricated testimonials. Be extremely skeptical of any trading platform advertised this way.

Broker Safety Resources

Regulator Directory

Verify licenses

How to Verify Regulation

Due diligence checklist

Broker Reviews

Read safety notes and trust scores

Our Methodology

How trust is reviewed

Report an issue or ask a question

Best Brokers

Top-rated by category