Platforms and Brokers

Before Your First Deposit, Check the Register and the Warning List

By Walid Mograbi · 2026-04-12 · 2 min read

If the message sounds convincing, the official register still decides whether the firm deserves trust.

Why this lesson matters

If the message sounds convincing, the official register still decides whether the firm deserves trust.

The core idea

Search the official register and the warning list before sending the first deposit.
Match the entity name, phone number, email, and website to the official record, not to the ad or private message.
Use only the contact details listed in the register and avoid links sent by the other party.

Practical example

Before funding a new account, a user checks the regulator register, compares the official website and phone details, and ignores the faster link sent in chat.

Common mistakes to avoid

Depositing before checking the register and warning list.
Trusting contact details from the ad or message instead of the register.
Ignoring urgency or secrecy as danger signs.

What to do next

This reduces the chance of funding a cloned platform or an unauthorized firm before the first financial step.

Important caution

If the firm is missing from the register or appears on a warning list, do not fund the account before a full check.