How can I spot red flags that a forex broker might be a fraud?

Potential fraud signs include the absence of clear regulatory information, fake or unverifiable license numbers, and a website that hides the company’s legal name and address. Extremely aggressive marketing promises, such as guaranteed returns or very high bonuses tied to restrictive conditions, are also warning signs. Difficulty withdrawing funds, sudden extra “taxes” or “fees” demanded before processing withdrawals, and pressure from account managers to deposit more are classic red flags. Poor quality customer support, unprofessional communication, and a lack of clear legal documents add to the risk. Check independent reviews, forums, and regulatory warning lists for complaints or official notices. If something feels rushed, confusing, or too good to be true, it is safer to walk away before sending money.