Phishing sites: how to make sure that you are working with a real broker

How to begin your job with the binary options broker? You are looking for a “Register” button, fill out a questionnaire where you enter personal data, pass the verification (right brokers verification occurs during the deposit, but not at the time of the withdrawal), deposit account, for example, by using bank cards, trade and get profit. But at some point you will again visit the broker’s website, enter data and… Nothing happens.

However, this is not the worst scenario. Worse, when you choose a broker, visit its website, fill up the account, but nothing happens – money has been taken, but the trade is not performed. What happened? You met with an unpleasant form of fraud – phishing, and how to recognize a phishing site, we will tell you more.

How to recognize a phishing site

A phishing site is an exact copy of the original site with slightly different registration. That is, externally, the user may not pay attention to the fact that the site is fraudulent, mistaking him for the original to be different, but it will be only a name (for example, address will be not but — name mask even more beautiful so that the trader may at first not notice the fake website). As a result, after data entry and sending money, you will never see your money.

It is likely that at the stage of issuing money you think about a broker, but it will be enough that you enter the card number and any personal data that may be used by scammers. And for this they just need to add to the questionnaire additional security questions.

When working with domestic binary options brokers the likelihood of phishing sites is low. First, because of the constant promotions of their design constantly updated, the creators of phishing sites won’t keep up with the changes, and the user will quickly see the inconsistency. Second, major brokers, and their websites are all well-known . Other business is working with brokers from the USA.

phishing brokers

How to recognize a phishing site:

  • Internet addresses are read from right to left. For example :// is NOT a is a subdomain of the website Just add the name of the main site as a subdomain (that is, when reading from left to right the name of the site will address, but not the last), and the site becomes a phishing. By entering your data, you run the risk of losing money;

  • check the security of the connection. The round globe in the browser’s address bar will tell you (unsecure connection) or lock (protected). The lock will mean that the site is checked by the search engine, and has the appropriate certification that is genuine;

  • to monitor the response of the browser or antivirus software that may suggest that you visit malicious site;

  • before adding any data to clarify what actually can be reported to third parties. This applies to surnames and phones tied to bank cards, some data of e-wallets etc.

A phishing site is unlikely to have chat support or phone support. And even if it has, just a few leading questions, and you’ll quickly see whether there is a professional consultant or someone who wants to get your money.

If you discover a phishing site, you can inform the broker and the hosting provider or domain registrar if it is not one and the same company. Perhaps it will bear fruit. Additional protection against phishing sites will be the installation of a special plugin. I hope now you know how to recognize a phishing site and you definitely will not fall for tricks of fraudsters. Save your money, and we will tell you how to do it!

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