Common Questions
How do I know whether a broker website is legitimate?
Start with the regulator. A genuine broker holds a licence from a recognised financial authority and that licence can be verified on the regulator’s own website. If the broker’s claimed licence number returns no result, or the regulator listed does not exist, that is a serious warning sign worth investigating further.
What should I do if a trading website will not let me withdraw funds?
Document everything first. Save screenshots of your account balance, transaction history and any correspondence with the platform. Then report the situation to your national financial regulator and, if fraud is suspected, to the relevant law enforcement authority. Independent legal advisers can help you file those reports correctly.
Are all the websites reviewed here considered scams?
No. Reviews here cover a range of platforms, some regulated and operating properly, others with serious concerns attached. Each review sets out what is known about a site’s licensing status, user complaints and red flags, so you can form your own view before committing any funds.
What is the difference between an unregulated broker and a scam broker?
An unregulated broker operates without oversight from a financial authority, which removes important protections but does not automatically mean fraud. A scam broker actively deceives users, typically by blocking withdrawals or fabricating returns. The distinction matters because the appropriate response and the evidence you need differ in each case.
How to Use This Site
01
Find the Platform
Search for the website name you want to check. If a review exists, it will cover the platform’s registration, regulatory status and any complaints that have been reported publicly.
02
Read the Warning Signs
Each review highlights specific concerns, such as unverifiable licences, pressure to deposit quickly or withdrawal requests that go unanswered. Seeing several of these together on one platform is a meaningful pattern.
03
Request a Consultation
If you have already sent funds and something feels wrong, a consultation form on the relevant review page connects you with independent legal advisers who assist with reporting to regulators and authorities.
Why Licence Checks Matter
A trading website can look professional and still be operating without any regulatory oversight. Scam platforms often copy the names or registration numbers of real, licensed firms, a practice regulators call cloning. Checking the licence number directly on the regulator’s public register, rather than trusting the details shown on the broker’s own site, takes a few minutes and can prevent a costly mistake. Knowing what to look for is the first practical step.
Latest Reviews
Each review covers a platform’s regulatory status, reported complaints and the details you need before making a decision.