How to know my broker is authentic one?

Beginner Questions
1

Hi,
How would I able to know that the broker with I am trading is authentic? And I can trust with my deposited funds.
Is there any broker directory/list available when I can verify them? Or find the perfect one?
Thanks

2

Read some reviews, and then check all reputable Forex websites to see if the broker is listed there. Also when selecting a broker make sure they are regulated (preferred are regulated in USA, UK, Australia, and not in third world countries, though they too may be good brokers). And see if the broker offers negative balance protection; I really hope you won’t need it, but for just in case they better have that option.

3

Go through the forum and see the names that pop up regulated in reputable jurisdictions.

Then Google Forex Peace Army and go through the broker review sections of those brokers.

4

One thing you can do is to do your research and look for regulated brokers. Also, you can find their regulation license number on their website and check that out with the regulator.

5

Go to the website of the regulator operating in the country where this broker is licensed. Said regulator should have a list of brokers falling under its authority.

6

Check their regulator, check forum, contact them, see if they are friendly, their service etc etc…
Also you can try to deposit and withdrawal immediately to see how fast is their process for withdrawal!!!

7

Obviously if you’re trying the deposit and withdrawal part you shouldn’t be depositing a large sum, just in case.

8

If you are going to choose a broker then you should go online and visit some reviews sites and read reviews about different brokers there and make sure they are listed there and what are the opinion of the people about brokers listed there . Also make sure broker is regulated like Investex.

9

Hello,
I will share with you my search criteria.

Regulated Broker. (as many here suggested)
user friendly platform.
Execution Speed.
Low Spreads.
professional Support.
Read reviews on how fast is the withdrawal process
true Negative Balance Protection guarantee as Forex Verified suggested

10

When you earn with your broker at least 10K you’ll see how they fill your orders, process withdrawals etc. If no problems then you can really trust this company its genuine.
Broker should pay if you win that’s the main “stress test” they should pass. I’ve done mine with Hotforex and my broker search is over.