With the investment scams emerging in an endless stream, investors are having difficulties figuring out legal brokers since brokers that appear to be legitimate may be scams! Therefore, check the broker's license before investing, and do not deal with brokers who are not authorized by the financial regulators.
To help investors avoid being scammed, BrokersView updates Scam every day. Don't know if your potential broker is legitimate? Just search for the broker's name in BrokersView to check the regulatory status!
From Feb 5 - 18, 2024, BrokersView exposed 33 scams, many of which were warned by global financial regulators.