Mason George J57_ Hill

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How to spot fake regulation claims by scam brokers?

Fake brokers often claim to be regulated by top authorities like FCA or ASIC, but provide license numbers that belong to other companies. To spot these scams, traders should check the regulator’s official register and confirm the company name, address, and website match exactly. If the broker provides vague details or refuses to share the license number, it is suspicious. Some scams also create fake regulator logos or documents. Always visit regulator websites directly rather than trusting broker-provided links. Any mismatch between broker claims and regulator records indicates a likely scam.