That’s very, very difficult to do, because the “review sites” are actually affiliate link-farms, and in forums many “recommendations” come from members who are paid by bad brokers to recommend them.
Even “Trust Pilot” is completely unreliable. Companies can pay for good reviews and have many bad ones removed, there.
So most information’s very unreliable.
One good way to “play it safe” and minimize the chances of problems (especially withdrawal problems) is to use only an account that’s regulated in North America, UK, Switzerland, the European Union or Australia.
If people learned to do this, more than 90% of the countless “broker problem discussions” that fill all the trading forums would be avoided. Maybe even 99%.
There’s no shortage of decent, reliable, properly regulated brokers to use. There are hundreds and hundreds of them. It’s just sad to see aspiring traders using brokerages that have chosen to be unregulated, or regulated offshore by fake regulators whom they pay. This is probably the industry’s biggest problem, at the moment.
Note that the important issue isn’t about “where the broker’s regulated” (because so many of them run separate companies regulated in different countries, to try to fool customers): it’s about where YOUR ACCOUNT is regulated. This is something about which you need clarity before sending money to a broker.
Very few people would send money to an unregulated bank in a Caribbean or Pacific island nation, because they know that financial institutions which have chosen to avoid proper regulation are so often “up to no good” and are interested in protecting only themselves, rather than their customers. Sadly, when they’re opening an account with a forex broker rather than a bank, this common sense and entirely appropriate reaction seems to desert large numbers of them.
Getting this one simple little thing right is the quick and easy way to avoid problems later.