Promises that sound too good

Guaranteed returns, risk-free trading, or claims that losses are impossible are classic warning signs. All trading carries risk.

Be skeptical of anyone who downplays risk or pushes you to deposit quickly.

Verification and transparency

A legitimate broker is easy to verify on a regulator's register and transparent about fees, entity, and jurisdiction. Difficulty confirming these is a red flag.

Watch for cloned or look-alike firms imitating a real licence, and unsolicited contact pressuring you to fund.

  • Guaranteed or risk-free promises
  • Unverifiable or missing licence
  • Pressure to deposit fast
  • Withdrawal obstacles

Protect yourself

Verify the licence independently, start with a small amount, test a withdrawal, and never share login or OTP codes. If in doubt, step away.

Our safety guides walk through checking a licence and understanding segregation and compensation.

If a broker blocks withdrawals or demands more deposits to release funds, treat it as a serious warning and seek independent advice.

Frequently asked questions

Is a professional-looking website enough?
No. Fraudulent sites can look polished. Always verify the licence on the regulator's own register.
What should I do if I suspect a scam?
Stop depositing, document everything, contact the relevant regulator, and consider reporting to local authorities.