How can you tell which trading platform is legit?

Licensing information is a very different thing from regulatory information.

There are plenty of countries like Cormoros where anyone can buy a “licence” to be a forex broker, but they’re not real brokers and they’re not safe to use.

To people with experience, seeing that they’ve chosen to be “licenced” that way is a big red flag.

Unfortunately, of course, the people they’re aiming to attract are the inexperienced ones.

And I’m afraid forum posts like yours, just above - which are partially correct and partially misleading, deposited in the forum by commercially incentivized members with promotional information in their profiles, help nobody. :roll_eyes: :grimacing:

6 Likes