The desk’s trust test
Forex Broker Safety Checker
Run any broker through the desk’s seven point safety test in 60 seconds. Trust first, no hype. Answer honestly and you will get a clear verdict and what to check next.
1. Top-tier regulation
Is the broker regulated by a top-tier authority (FCA, ASIC or CySEC) on the entity you would use?
2. Your entity
Do you know which legal entity you would open under, and that it matches your country’s protections?
3. Segregated funds
Does the broker hold client money in segregated accounts, separate from company funds?
4. Withdrawal record
Is the withdrawal track record clean, with no pattern of delayed or blocked withdrawals?
5. Realistic leverage
Is the leverage realistic for a regulated broker, not only an extreme offshore 1:1000 or higher?
6. Transparent costs
Are spreads, commissions and overnight fees published clearly, with no hidden surprises?
7. Verifiable history
Can you verify a real company history, a registered address and independent reviews?