Interactive course · Beginner
Stay Safe: Brokers, Scams and Signal Sellers: Spot the scam, check the broker, protect your login
Trading scams aim at new traders. Learn from a real South African case, spot the red flags in seconds, check a broker on the FSCA register, keep your MT5 login safe, and know what demo can and can’t teach before you trade real money. Five short lessons, all free.
- 31 minutes in total
- 44 activities
- Free, every lesson, no account needed
What you'll be able to do
Learn it in minutes, then use it
Each lesson is a few short ideas, each one tried straight away in a small activity: a calculation, a chart to mark up, a trade to take or skip.
- Explain why a fixed, promised return points to a Ponzi scheme
- Spot the common red flags of trading scams
- Check a broker’s FSP number, name, website and licence on the FSCA register
- Share only your investor password, never your master password
- Know what demo can’t teach, and build your own go-live checklist
Unit 1
Know the scams
Unit 2
Protect yourself
- Checking a brokerThe FSCA, FSP numbers, the ODP licence for CFDs, and spotting clone firms.
- Signals, account managers and your loginMaster vs investor password, signal sellers, and recovery scams after a loss.
- Demo first, then liveWhat demo can’t teach, sensible signs you’re ready, and your go-live checklist.
General education, not financial advice. Examples use made-up numbers.