How to verify a forex broker’s legal entity and licence
A source-linked checklist for matching the agreement, regulator record, website, permissions and account role before funding.
Read the guideContent revision:Prop firm rule guides
- FTMO daily loss: count equity, then check midnight
The daily limit counts open losses and trading costs. A profitable day does not let you carry the same extra loss allowance past the reset.
- FTMO: choose the rules before the account size
FTMO 1-Step has fewer evaluation phases; 2-Step gives a larger daily loss allowance and offers Swing. Neither route makes the displayed CFD balance withdrawable cash.
FXVERITAS RESEARCH
Broker verification guides
Practical checks for the company behind an account, the scope of a licence, and the protections that may apply. Each guide separates official statements from our research checklist.
Residence, broker acceptance and regulation are different checks
Understand why country lists, legal entities and regulator badges must be linked carefully, with XTB and Exness examples.
Read the guideContent revision:Broker client protection: licences, losses and compensation
Separate regulatory authorisation, trading risk, client classification and compensation eligibility using FCA, FSCS and ASIC guidance.
Read the guideContent revision: