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Beginner · 8 min · regulation

How to spot clone brokers: domain matters more than license number

Clone brokers often use real license numbers. The key is whether domain, legal name and contact match the regulator register.

fxcn editorial 2026-06-04
## How clone platforms work
They claim FCA, ASIC or CySEC regulation and may show a real license number. But receiving account, support email, website domain and real licensed company do not match.

## Fields to check
Registered domain, legal name, address, phone, email, status and warning records.

## Stop signals
Personal receiving account, unknown app download, crypto-wallet deposit or tax payment before withdrawal.