Forex Zone - Forex Forum

Search for brokers without verification in Misc. Broker Discussion_67f83ac065b44

Search for brokers without verification

Discussion started on Misc. Broker Discussion

  • Hero Member
  • Posts: 810
  • Points: 0
  • Likes Received: 120
  • Reputation: +3/-0
Brokers without verification is not dangerous? 
Because according to broker regulations must have proof of their trader identity, to avoid money laundering or other crimes.
#31 - December 10, 2019, 01:17:25 PM

  • Hero Member
  • Posts: 1028
  • Points: 2100
  • Likes Received: 296
  • Reputation: +6/-4

accordiing the law your statement is true sir,,but so many broker that even they donot have to verify account but they always paid like firewood broker and u can withdrawal $1000 even your account has not verify yet.
#32 - January 11, 2020, 12:46:48 AM
« Last Edit: January 11, 2020, 10:06:03 PM by Mikser »

  • Newbie
  • Posts: 41
  • Points: 0
  • Likes Received: 7
  • Reputation: +0/-0
Brokers without verification are mostly brokers for crypto trading, but beware of brokers without verification worrying about scams.
#33 - February 19, 2020, 09:21:44 AM

Sponsored

Search for brokers without verification in Misc. Broker Discussion_6803a6c52eb12
#34 - Today at 04:14:19 AM

  • Hero Member
  • Posts: 850
  • Points: 0
  • Likes Received: 97
  • Reputation: +2/-2
Brokers without verification are mostly brokers for crypto trading, but beware of brokers without verification worrying about scams.
Verification is now a mandatory rule, because many countries ensure the security of a business so that no fraud occurs. avoid brokers without verification.
#34 - March 16, 2020, 09:32:18 AM

  • Jr. Member
  • Posts: 65
  • Points: 665
  • Likes Received: 3
  • Reputation: +0/-0
Without verification, they give only no deposit bonuses to receive from almost all brokers. Personally, I started trading with the Forexchief broker with a $100 no deposit bonus, a very good start to forex trading.
#35 - March 23, 2022, 03:28:10 PM

  • Jr. Member
  • Posts: 99
  • Points: 599
  • Likes Received: 16
  • Reputation: +1/-0
Completely 100% excluding fraud is almost impossible

#36 - April 10, 2022, 01:46:20 PM

  • Jr. Member
  • Posts: 65
  • Points: 665
  • Likes Received: 3
  • Reputation: +0/-0
In forex market we exchange currencies and try to earn profit. But not all the foreign currency traders are uniformly victorious here and are able to carry out their trading activities advantageously for numerous reasons. One rationale can be selection of wrong broker, not all brokers can ensure timely trade executions. For this reason in order to engage in timely and fastest trade executions according to market situation I rely only on my broker ForexChief since this broker is offering timely and fastest trade executions through its reliable and flexible MT4 platform which I use from any device: laptop/iPhone or iPad/ android and I am free from re-quote and slippage problem also.
#37 - April 16, 2022, 05:53:13 AM

  • Jr. Member
  • Posts: 99
  • Points: 599
  • Likes Received: 16
  • Reputation: +1/-0
Let us speak honestly, to trade normally on android is almost impossible. For normal trade, MT4 is suitable for windows.
#38 - April 17, 2022, 01:55:40 PM

  • Jr. Member
  • Posts: 65
  • Points: 665
  • Likes Received: 3
  • Reputation: +0/-0
One can't make a more prominent trading benefit until he is working with a regulated and reasonable broker. I am attempting to refresh myself and my trading venture with the supportive condition given by my broker ForexChief. This authorized broker is guaranteeing me moderate leverage of 1:400, re-statement and slippage free well-coordinated, quickest and systematic exchange executions with unsurpassed simpler exchange offices. Besides, I have a total ideal to utilize any trading stratagem here.
#39 - July 19, 2022, 12:46:25 PM

  • Hero Member
  • Posts: 2167
  • Points: 2732
  • Likes Received: 3
  • Reputation: +0/-11
Searching for brokers without verification in forex trading can be risky as it may indicate that the broker is unregulated or operating illegally. Brokers that operate legally must comply with regulatory requirements, including verifying the identity and residency of their clients. The verification process is necessary to prevent fraud, money laundering, and other financial crimes. Brokers that don't require verification may have lax security measures, and their clients' funds may be at risk. Traders should only use regulated brokers that have a good reputation and are transparent about their services. Avoiding brokers without verification may help traders protect themselves and their investments.
#40 - March 04, 2023, 11:28:12 PM

Sponsored

#41 - Today at 04:14:19 AM

VIP
  • Hero Member
  • Posts: 19418
  • Points: 359
  • Likes Received: 229
  • Reputation: +4/-0
In my opinion, trading with an unregulated broker can increase risks related to the security of funds and operational transparency. Be sure to consider the risks associated with trading with a broker without regulation and identity verification. The security of your funds should be your top priority.
#41 - April 01, 2025, 02:29:55 AM

VIP
  • Hero Member
  • Posts: 19418
  • Points: 359
  • Likes Received: 229
  • Reputation: +4/-0
Yesterday I tried to get my friend at the FBS broker and it turns out that now the FBS broker, even without verification, can make deposits and withdrawals. But for accounts without verification, it is limited to $ 2000 and if you want to deposit or withdraw more than $ 2000, you must verify
#42 - May 15, 2025, 11:10:24 PM

VIP
  • Hero Member
  • Posts: 19418
  • Points: 359
  • Likes Received: 229
  • Reputation: +4/-0
Completely 100% excluding fraud is almost impossible

I think not all brokers who can make deposits and withdrawals are scams. Because in my experience there are some brokers who can make deposits and withdrawals without verification but in certain amounts, such as the example of the insta forex broker if you create an account without verification then you can only make a maximum withdrawal of $ 500
#43 - May 28, 2025, 10:46:07 PM

VIP
  • Hero Member
  • Posts: 19418
  • Points: 359
  • Likes Received: 229
  • Reputation: +4/-0
It is better to use a broker that asks for verification, because it is safer.
Yes sir, I agree with you, it is better for us to use a broker that requires its users to verify their data, because I have experience trading with a broker that does not require verification and is a bit worrying. Moreover, at this time it is not too difficult to verify, even in a matter of hours our data is sometimes valid.
#44 - May 31, 2025, 10:15:31 PM

  • Newbie
  • Posts: 18
  • Points: 1018
  • Likes Received: 0
  • Reputation: +0/-0
Verifications are part of due diligence so better to go with some reputed broker and do the verification because they may be good for better future trading and other regulatory bodies requirements.
#45 - June 27, 2025, 08:38:20 AM

Members:

0 Members and 2 Guests are viewing this topic.



Elementor Website Builder