Registration procedures

cebep87

Trader
Nov 22, 2010
1
0
12
Hello guys,

Obviously I'm new to forex and one thing bothers me a lot. I just suscribed to a regulated broker and they request that I send a copy of my credit card (front side) among other things. Probably this is a common procedure, but should I be worried?

Thank you very much!
 

jmathers

Trader
Dec 22, 2010
33
0
22
Most brokers do not require this amount of transaction. In this age, it's usually a red flag for someone to ask for copies of your credit card or ID unless it's a big name like Google. Even then it is something to be weary about due to the amount of scammers around.