before you deposit anywhere - quick checklist

[dreamchaser]

pinning this cause same questions come up daily. before you give a broker a cent:

• look up their license on the actual regulator site not their own homepage. if its only mauritius/vanuatu/belize thats the floor not a flag but know what youre getting (basically no protection)
• the license that protects you is the entity that opens YOUR account. same brand can have a fca arm and an offshore arm. they route you by country
• search their name + "withdrawal" here and on reddit. patterns repeat
• test withdrawals small and early. demo means nothing

one broker = one thread pls. dont make 9 threads for the same broker

[bluephoenix]

add one: if a broker suddenly only lets you deposit by crypto, run. crypto = no chargeback. thats the whole reason they push it

[Chris]

wait so a broker can have like 3 licenses and still put me on the bad one?? how do i even know which one im on

[carterw]

read the client agreement when you sign up, theres a line saying 'your account is held with [entity name]'. if it says some seychelles/mauritius company thats your answer. nobody reads it which is the point

[midnightzone]

or dont trade, 70% lose anyway, license wont save you from yourself lmao