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How to Spot Fake Brokers
Red flags to watch out for when choosing a broker
🚩 Red Flags
- • Promises of guaranteed returns
- • Pressure to deposit money quickly
- • No regulatory license or fake licenses
- • Poor website quality or spelling errors
- • No physical address or contact information
- • Unsolicited calls or emails
✅ Good Signs
- • Proper regulatory licenses (FCA, SEC, etc.)
- • Transparent fee structure
- • Good online reviews and reputation
- • Clear terms and conditions
- • Segregated client funds
- • Professional customer support