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How to Check if a Broker Is Regulated
2:18 · 8 chapters · Forex safety, part 2
What you'll learn
Is your forex broker really regulated? 5 free steps to check, from the licence number to the regulator's own register and warning lists.
Go further with our written guide on this topic, browse all the free Learn Forex lessons, or check today's market in our forex news.
- Key point 1
- Find the company name, regulator and licence number
- Key point 2
- Search the regulator's own register, typed in yourself
- Key point 3
- Match the website, email and phone to spot clone firms
- Key point 4
- Check which company in a group your account is with
- Key point 5
- Search the FCA Warning List and IOSCO I-SCAN
Rules and limits from regulators and official sources; every price, account and chart in the video is an example. Education, not financial advice.
More forex lessons
The video is presented by an animated host with a computer-generated voice; the research and checks are by the FX Recap team. Risk warning: forex and CFD trading carries a high risk of losing money because of leverage, and most retail accounts lose money. This is education and review, not financial advice. FX Recap may earn a commission from some broker links; see our affiliate disclosure.