Investing term

What is Regulator check?

Looking up a broker or advisor on the national regulator's public register before sending money.

A regulator check is the simple, vital step of looking up a broker or advisor on the national regulator's public register before sending any money. It confirms they're actually licensed and flags any disciplinary history. Scam operations often impersonate real firms or claim fake licenses — a two-minute check on the official register is one of the cheapest protections you have.

For example

You search the regulator's register for the firm's name and find no match — an instant red flag that stops you wiring money to a fake broker.

Regulator check is taught hands-on in Stage 9 — Fees, Scams & Protecting Your Money.

See the lesson →

Related terms

ChargebackA consumer protection on credit-card transactions that lets you reverse fraudulent charges.Fee dragThe cumulative effect of every fee you pay on the return you actually keep.FX markupThe gap between the true (mid-market) exchange rate and the rate your broker gives you.Inactivity feeA fee charged if you don't trade enough times per year.
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