Broker Safety
How to Check a Broker's Licence
Verify a broker on the regulator's own public register before depositing. Here is the process.
Updated 2026-08-28 · 1 min read · By MyFastBroker Editorial Team
Find the licence number
A legitimate broker displays its legal entity name and licence number, usually in the footer or a legal page. Note the exact regulator named.
Verify on the regulator's register
Open the regulator's official public register and search for the licence number or entity name. Confirm the status is active and the details match.
Beware look-alike names and cloned firms that imitate a real licence. Small differences in the entity name matter.
- Use the regulator's own website, not a link from the broker
- Match the entity name exactly
- Confirm the status is authorised/active
Watch for red flags
Pressure to deposit quickly, refusal to show a licence, or a register entry that does not match are serious warnings.
If anything is unclear, contact the regulator directly before proceeding.
Our directory shows a clear notice when a broker record has no verified regulation. Replace sample records with checked data before relying on them.
Frequently asked questions
What if the broker is licensed in another country?
Many brokers serve multiple regions under different entities. Confirm the specific entity you would open an account with is licensed for your region.
Can I trust a licence shown on the site?
Only as a starting point. Always confirm it on the regulator's own register, since website claims can be falsified.
MyFastBroker is an independent education and comparison site, not a broker and not financial advice. Always verify details with the broker and a qualified professional before acting.