Broker ownership: what did you uncover about your broker's parent company?

FTC Community TeamStaff17 Sept 202622 views

The brand you trade with is usually a subsidiary in a corporate tree, and the parent's history matters. Uncovering the structure is a research project worth doing.

Broker ownership: what did you uncover about your broker's parent company? — risk-reward diagram — A risk-reward ratio of 1 to 2

the parent company you found
the history or details that mattered
how you researched it

Broker ownership: what did you uncover about your broker's parent company? — candlestick anatomy diagram — The parts of a candlestick: wick, body, open and close

The regulation check guide walks through the entity research.

Background: How to check whether a forex broker is regulated

A licence number on a website proves nothing until you have checked it yourself. A step-by-step check using regulators' own registers, and the tricks clone firms use.

How do I know if a forex broker is legit?

Find the exact company name and licence number in the broker's legal documents, then search the regulator's own register. Check that the company is authorised, that its listed websites match the one you are using, and that it isn't on a warning list.

What is a clone firm?

A fraudulent operation that copies the name, register number or website of a genuine authorised firm to trick people into sending money. Contact the firm only through the details shown on the regulator's register.

Read the full guide

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