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How to open a forex account safely
A step-by-step checklist from choosing a broker to your first withdrawal.
Safety
How to check a broker’s licence in 60 seconds
Find the entity, check the register and spot the mismatch.
Payments
Bank transfer, card or e-wallet: the cheapest way to fund
Speed, fees and withdrawal rules for each funding method.
Costs
Spreads, commissions and swaps: the real cost of a trade
How to add up everything a trade costs before you place it.
Platforms
MT4 vs MT5 vs cTrader vs TradingView: which should you use?
What each platform is good at, and which brokers in our reviews offer it.
Tax
Forex tax basics: what every trader should know
Records to keep and questions to ask, wherever you live.
Scam watch
Spot the red flags before you deposit.
Unlicensed brokers and clones of real ones target traders every week. Learn the warning signs in two minutes, and how to check a licence in one.
- Guaranteed or ‘risk-free’ returns
No regulated broker can promise profit. - No licence number, or one that does not match the register
Look the number up on the regulator’s own public register. - Pressure to move to WhatsApp or Telegram
Genuine brokers do not rush you to deposit. - A clone of a licensed broker’s website
Check the exact domain, not just the logo.
Newsletter
New reviews and scam alerts, by email.
A short email when we publish a new review, update a rating or spot a broker to avoid. No trading tips, no spam, and you can unsubscribe at any time.
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General information for education only, not financial advice. Trading forex and CFDs carries a high risk of loss. Read the disclaimer.