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Check a broker's licence before you fund an account

Check Broker

Broker Check

Check a broker's licence

Search traderpublic's published desk-checked records, then verify the legal entity and licence yourself at the relevant regulator.

Evidence-first research

Check what is published — and what is not

Search only checks traderpublic's desk-checked records. It does not verify a licence, endorse a company, or replace the regulator's own register.

How to check a licence

  1. Find the regulator the broker names
  2. Look the firm up on that regulator's own register
  3. Compare the name and licence number exactly
  4. Watch for look-alike websites and names

Country and legal entity are different things

A licence belongs to one company under one regulator's authority, not to a brand name.

  • Country or jurisdiction

    The country whose regulator issued the authorisation. A licence covers what that regulator authorises, not every country a broker serves.

  • Legal entity

    The company that holds the licence and would hold your account. Confirm it is the same entity named in the broker's terms, not just a brand name.

Check the domain and the trading name

A brand can use several websites and names. Match what you see on the broker's site to what the register lists.

  • Domain

    Compare the website address you use with the one listed in the regulator's register or on that company's entry.

  • Trading name

    A trading name can differ from the registered company name. Use the register to see which company sits behind it.

  • Look-alike sites

    Names and addresses can be copied. Type the address yourself or use the link from the register, not one from an advert or message.

Documents and evidence to look for

Ask for these, or find them on the broker's site, and compare them with the register.

  • Licence details

    The licence or registration number and the regulator that issued it.

  • Company details

    The registered company name and address, matching the entity in the register.

  • Terms and conditions

    The client agreement, fees and risk warnings of the entity you would contract with.

  • Client money rules

    How client funds are held and any protection that applies to that entity.

If the details do not match

Is the broker's name, licence number, address or website different from the register? Pause. Do not deposit until the broker explains the difference and you have confirmed it with the regulator directly.

Official regulator resources

Official pages from five regulators. Each has its own country, scope and kind of register or guidance, so what you find, or do not find, on one does not show what another covers. Use them to check, not as approval.

Warning signs to pause on

None of these proves a broker is unsafe, and their absence proves nothing. They are reasons to slow down and check more.

  • No register match

    You cannot find the company or its licence number in the regulator's register.

  • Promises of guaranteed returns

    Any promise of guaranteed or risk-free profit.

  • Pressure to act fast

    Urgent deadlines, bonuses or calls pushing you to deposit quickly.

  • Payments to another name

    You are asked to pay a person or a company that is not the entity you checked.

  • Only one source

    Positive claims that appear only on the broker's own pages or in adverts.

Dates and sources on a result

Each result shows what was checked and when.

  • Last verified

    The date a licence line was last checked. An older date means older information; confirm again before you rely on it.

  • Regulator's register

    Where a link is shown, it goes to the regulator's own register so you can check the entry yourself.

  • Record updated

    The date the record traderpublic published was last updated, which can differ from the date a licence was checked.

What this check cannot tell you

Finding a licence is one input, not a verdict. It does not show whether a broker is suitable for you, financially sound or free of complaints, and it is not investment advice. Always confirm in the regulator's own register.

  • What a result can show

    Source type, date checked, coverage and known limits for a record traderpublic has actually published.

  • What it cannot show

    Whether a broker is suitable for you, the current status of every regional entity, or an investment recommendation.

  • What to do next

    Confirm the legal entity, licence status and client protections in the regulator's own register before funding an account.

Questions worth answering before you fund an account.

Educational material for researching broker claims. It does not tell you which broker to choose or whether trading is suitable for you.

  1. Verify the legal entity

    A brand name can cover different companies. Find the entity that would hold your account before you search a regulator register.

  2. Read the licence scope

    A register entry can be current without authorising the product, country or retail-client service you expect. Read the scope, not only the status.

  3. Price the whole trade

    Compare spread, commission, financing and withdrawal terms for your likely account and position size; a headline figure is rarely the whole cost.

  4. Treat gaps as information

    A missing document, unclear entity or unverified condition is not a neutral score. Pause and seek a primary source.

Transparent methodology

Context before conclusions.

Broker research should make it easier to disagree productively. Each review is designed to show where a claim came from, when it was checked, and what it cannot establish.

  1. Start with primary evidence

    A licence claim is only useful when it can be traced to the regulator that issued it. We show what a record is based on and what remains unverified.

  2. Compare the conditions, not a promise

    Fees, platforms, funding terms and risk warnings belong side by side. A headline score never replaces the underlying conditions.

  3. Keep the unknowns visible

    A missing published record is not a finding about the broker. It only means no published record is available.

Frequently asked questions

What if I cannot find the broker in the register?

Try the registered company name and licence number instead of the brand name. If it is still missing, ask the broker which entity holds the licence and confirm it with the regulator before you deposit.

Is a licence from another country enough?

A licence applies to what its regulator authorises. Check that the entity that would serve you, and the service you want, are covered by the licence you found.

How often should I check?

Check before you open or fund an account, and again if the broker changes its name, entity or terms. A licence status can change, so a past check is not the current status.

How is a trading name different from a legal entity?

A trading name is what a brand is called in public. The legal entity is the registered company that holds the licence and your account. The register lists entities.

What should I do if the details do not match?

Do not deposit. Ask the broker to explain the difference in writing and check the entry directly with the regulator. If it is still unclear, choose a different broker.