How to know if a broker is a scam

Talk about Money Making Forums Forex Trading and Binary Options Discussion How to know if a broker is a scam

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    In order to verify a broker’s license, see on their website who is their regulator then go that regulator’s website, they usually have lists of the companies they regulate and see if that broker is on the list. You however have to be very careful, some brokers have came together to form their own regulotors to deceive traders. So take care, enquire from other traders if truely the broker you are using is geneuine. For example, there are claims that Hotforex is regulated by a fake regulator.

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