Broker Scam Checker
Check any forex or trading broker — verified against our database, a live scam blacklist, and AI risk analysis. Works for brokers we haven't reviewed too.
8 Red Flags to Watch For
Promises guaranteed profits or unrealistic returns (e.g. "10% per week")
Pressures you to deposit quickly or offers a "limited time" bonus
No verifiable physical office address or phone number
Withdrawals are delayed, refused, or require unexpected fees
Regulation claims that cannot be verified on official regulator websites
Offshore-only regulation (Vanuatu, St Vincent, Comoros) with no tier-1 oversight
Cold-called you out of nowhere, often via social media or messaging apps
Uses clone firm tactics — name similar to a real regulated broker
Known Scam & Warned Brokers
Entities with active regulatory warnings or revoked licences
Operating without FCA authorisation
Multiple regulatory warnings, unlicensed binary options
Unregulated, FCA warning issued
CySEC investment firm licence revoked
Clone firm impersonating FCA-authorised firm
Shut down by CFTC, CySEC, and FCA. Fraud charges.
Regulatory action, widespread withdrawal complaints
Fraud allegations, unregulated binary options
ASIC and multiple regulator warnings
SEC fraud charges filed
FCA Warning — unlicensed for UK residents
FCA Warning — not authorised for UK clients
Clone firm, FCA warning
Unregulated, suspected advance-fee fraud
Binary options fraud, multiple warnings
Clone firm impersonating legitimate FCA firm
Licence revoked, regulatory action
Clone firms impersonating BDSwiss — verify exact entity
Operations ceased, funds-access issues reported
Multiple clone firms impersonating Capital.com
Clone firm using TradeNation branding
Unregulated, recovery scam reports
FCA Warning — not authorised
Fraudulent broker, regulatory warnings
FCA Warning — not authorised to offer services in UK
This list is not exhaustive. Always verify directly with the relevant financial regulator. Search the broker above for instant checks.