Your guide to the best brokers in the UK Forums General Broker Discussion I have been approached by a broker who I am suspicious of…

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    Trader: I have been approached by a broker who I am suspicious of I have his number how do I find out if he is a licensed broker?

    GBG: You can check on the https://register.fca.org.uk and see the latest warning on scam brokers here: https://www.fca.org.uk/news/warnings

    Further to this if a broker is operating in the UK they must be regulated by the FCA. If they are not on the FCA register through should not be doing business in the UK.
    It’s also worth checking to see if they are fully FCA regulated or just passported in from another jurisdiction.

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