George Martinez

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How to verify a broker’s license authenticity?

To confirm a broker’s license, traders must go beyond trusting what appears on the broker’s website. First, obtain the license number and company registration name. Then, search it on the regulator’s official database such as the FCA register, ASIC Connect, or NFA BASIC. Confirm that the license covers forex trading and not unrelated financial services. Check whether the company address and domain match the regulated entity. Many scams use similar names or expired licenses. If details do not match perfectly, the broker may be untrustworthy. Genuine brokers will always provide transparent license information and direct links for verification.