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Explore Broker Reviews and Scam Alerts
Wondering whether a trading website is trustworthy before you send money?
Warning Signs to Know
- Websites that promise fixed or guaranteed returns on investments.
- No verifiable licence number or named regulator listed on the site.
- Pressure to deposit more money before you can withdraw anything.
- Contact details that lead nowhere or change without explanation.
Looks Legitimate Is Not Enough
A professional website design does not confirm that a broker is regulated or honest. Fraudulent platforms often copy the look of real financial services, including logos and legal-sounding terms. The useful question is whether the licence number checks out with the named regulator. Start there before you sign up or send money.
Common Questions
Checking a broker
Before you sign up with any trading website, look up its licence on the regulator’s own database. Most legitimate brokers are listed publicly, and the check takes a few minutes. If the site names a regulator but the licence number returns no result, that is a serious concern worth investigating further before you commit any money.
Withdrawal problems
A common warning sign is when a website accepts deposits freely but creates obstacles when you try to withdraw. This can include unexpected fees, requests for additional documents on short notice, or support that stops responding. If a site delays or refuses withdrawals without a clear, documented reason, treat that as a red flag and report it to the relevant regulator.
Regulated vs Unregulated
| Feature | Regulated broker | Unregulated site |
|---|---|---|
| Licence verification | Confirmed on regulator database | Not found or unverifiable |
| Withdrawal process | Documented, consistent process | Delays, extra fees, or silence |
Checking a broker’s licence with the named regulator before you deposit anything is the single most practical step you can take.
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Latest Broker Reviews
Each review looks at what a trading website claims and what publicly available information actually shows.