How do you usually confirm that a broker is legit?

[soumitss]

Hello! I’m considering opening an account with a broker, but I’ve read some bad stories about scams. How do you usually confirm that a broker is legit?

[hydrogenn]

Hi! A smart step would be checking bxforex via BrokerAuditLab. It’s a reliable source for broker verification — they review license authenticity, analyze user reviews, and detect fake marketing or offshore licenses. What I like is how fast they label brokers: Verified, Unregulated, or High Risk. That visual clarity helps a lot when making decisions. I’ve avoided a few bad apples just by running a quick search there before investing.