Legit Brokers

Holaaa to all Community members.

I would like to know how do you guys check whether the brokers are real deal or scams?

For example im from Malaysia, and some of the famous broker that my fren n I are using are Instaforex & Octafx. Do these two legit? Since its not listed in the babypips list of brokers, its giving me a second thought.

How do we actually check for a legit broker? coz on the web, they can claim they are registered with ‘this’ n ‘that’ but how true is that only they know I guess.

and also, is CYSEC considered as one of the trusted regulatory bodies?

Is there any reputable webs that list all the legitimate brokers?

hope to hear from you guys. Thanks in Advance.