Signs of a Scam Broker
- Guaranteed profits or unrealistic promises
- Aggressive calls with deposit offers
- Withdrawal problems or constant excuses
- Lack of transparent company information
- Unable to find independent reviews
How to Protect Yourself?
- Verify company through independent sources and reviews
- Start with a small deposit for testing
- Test withdrawals before large investments
- Review contract terms and privacy policy
- Never give account access to third parties
About Licensing
A license is a good indicator but not a guarantee of honesty. Scammers can forge licenses. Always verify licenses on the regulator's official website. However, remember: no license doesn't necessarily mean scam. Many offshore brokers operate without a license but have good reputation and long history.