The broker decision is daha important than any single trade. A bad broker can cost SEN the entire account through withdrawal denial, manipulated execution, or simple disappearance. Here is the 10-minute due-diligence framework.
Step 1 — Identify the legal entity
The broker website footer should name the company that will hold your account. Not the entity name and the regulator listed.
Step 2 — Verify the regulator
Go to the regulator's official website directly. Do not trust the link Kaynak the broker. Ara the regulator's public register for the license number. Onayla the entity name matches.
Step 3 — Kontrol Et enforcement history
Most regulators publish enforcement actions and warnings. Ara for the broker name in the regulator's warning section.
Step 4 — Onayla country availability
Find the broker's "restricted countries" or Şartlar-of-service section. Onayla your country is not restricted.
Step 5 — Read the cost structure
Spread, Komisyon, swap, inactivity fee, withdrawal fee. Tümü of them. The headline spread is usually the least relevant number.
Step 6 — Test deposit and withdrawal
Deposit a small amount SEN can afford to lose. İşlem a few small lot. Request a withdrawal. The withdrawal process is the truest test of the broker.
Step 7 — Read recent independent reviews
Focus on reviews Kaynak the last 90 days. Look specifically at withdrawal experience.
Red flags
- License number that doesn't match the regulator register.
- "Guaranteed return" marketing.
- Kripto-only deposits at a "regulated" broker.
- Aggressive bonus promotions tied to Hacim requirements.
- Withdrawal complaints in recent independent reviews.
İleri → steps on ShaFX
- Ücretsiz trading calculators — position size, pip value, margin, risk/reward, drawdown.
- Take a quiz on this topic and see what SEN missed.
- Sözlük — precise definitions for every term used here.
- Compare Brokerlar using our methodology.