1. Visit the Forex broker’s website
2. Visit the regulator’s website
3. Check the company status
After choosing your Forex broker, go to its official website to review the available information about the broker. The information may include the license number, company name, company address, and so on. Most of the time, you will find the regulator, license number, as well as the company name on the bottom of the homepage in the disclaimer section or footer. Licensed Forex brokers usually provide their licenses and company names on their websites. If you cannot find this information, you should play it safe and double-check the legality of the broker.
The second step is to copy the license number or the company name from the broker’s website. Then, go to the regulator’s official website to find the search page. You can find the search page for each Forex broker’s regulator below. After that, you need to type in the required information (for example, company name, license number) in the search box to find what you are looking for. Bear in mind that the Forex broker’s brand or website name may not be the same as the company name; therefore, you have to make sure to enter the company name.
If your Forex broker is licensed by the regulator, you should find it in the search result. Aside from the broker status, you will also find other important details regarding the company and its license. In case you have additional questions, you can contact the regulator via email or directly from the website. Alternatively, you can ask the Forex broker to provide more details about the company. Finding the specific page to search for the Forex broker on the regulator’s website can be challenging. That is why we have provided a list of international regulators below to help you check your Forex broker’s license easily.
