Risk warning: 69–89% of retail investor accounts lose money when trading CFDs. Make sure you understand how CFDs work and whether you can afford the risk.

How to verify a broker trade-confirmation email is authentic: a checklist

Trade-confirmation emails look official and carry money details, which makes them a favourite template for scammers. This checklist shows how to tell a genuine broker confirmation from a spoofed one — in about ten minutes, before you click, reply or pay.

Affiliate disclosure: CompareFX earns a commission when you open an account with a broker via our links. This never affects our rankings or the advice in this article. All brokers we list are regulated by a European authority (CySEC, BaFin, FCA, or equivalent).

Every time an order is filled, a regulated broker sends a trade-confirmation email: a record of the instrument, the size, the price, the time and a unique order reference. It is a normal, routine message. But because these emails look official and mention your money, they are one of the most common templates that fraudsters copy. A spoofed confirmation can push you to click a look-alike link, hand over your login on a fake page, or send an "urgent fee" to release funds that were never at risk.

The good news is that impersonation almost always leaves fingerprints. The nine checks below let you confirm a confirmation email really came from your broker, without trusting the message at face value. None of them require special software — just a careful look and, in one step, logging into your account the normal way.

What you are actually confirming

Two things: (1) the email genuinely came from the broker's official domain and points only to that domain, and (2) the trade it describes actually exists in your account when you check independently. If either fails, treat the email as hostile until proven otherwise.

The nine-step authenticity checklist

  1. Expand and read the full sender address. Display names are trivial to fake. Open the sender's complete email address and confirm the domain after the "@" matches the broker's official domain exactly — watch for swapped letters, added words, or lookalike characters (for example a broker's real domain versus a hyphenated or misspelled copy).
  2. Compare against a known-genuine email. Open a confirmation you already trust from the same broker and put the two side by side. Check the sending domain, the layout, the reference-number format and the wording. Scam copies are usually close but not identical.
  3. Hover over every link before clicking — don't click. On desktop, hover to reveal the true destination URL in the corner of the screen; on mobile, press and hold. Confirm each link points to the broker's own domain and not a look-alike. Normal-looking link text can hide a hostile address underneath.
  4. Log in to the platform independently. Instead of clicking anything in the email, open the broker's app or website yourself — from a bookmark or by typing the address — and check your trade history. A real confirmation always matches a real trade in your account. If the trade is not there, the email is not real.
  5. Match the trade details exactly. Confirm the instrument, direction, size, fill price, timestamp and order reference in the email match what you actually traded. Vague, rounded or missing details, or a trade you never placed, are strong signals of a fake.
  6. Treat urgency and payment requests as a red flag. A genuine trade confirmation is a record, not a demand. It never asks you to pay an urgent fee, tax, "insurance" or verification charge to release funds, unlock a position or avoid a penalty. Any confirmation that pushes you to pay or act within minutes is almost certainly a scam.
  7. Do not open unexpected attachments. Genuine brokers usually keep statements inside your account and link to them there, rather than emailing executable files or unexpected documents. Treat a surprise attachment — especially anything you must "enable" or run — as suspect until you have verified the email another way.
  8. Check the regulated entity in the footer. A real confirmation identifies the same regulated legal entity and licence you contracted with. Confirm that entity name against the client agreement, and that the relevant public register (CySEC, BaFin, the FCA or equivalent) still lists the licence as active. A missing, mismatched or offshore entity is a warning sign.
  9. When anything is off, contact the broker through official channels only. Use the phone number or support address published on the broker's official website — never a phone number, reply address or link inside the suspicious email. Ask them to confirm whether the message and the trade are genuine before you take any further action.

Red flags that override everything above

A sender domain that does not exactly match the broker's, a request to pay any fee to "release" or "unlock" funds, links that resolve to a different domain when you hover, pressure to act within minutes, a trade you never placed, or a reply address that differs from the broker's official support address. Any one of these is a reason to stop and verify independently.

Why scammers target trade confirmations specifically

Trade-confirmation emails are effective bait for three reasons. They arrive at a predictable moment — right after you trade — so a well-timed fake feels expected. They carry authority, because they look identical to a routine, official message. And they involve money, which makes people act quickly. Fraudsters exploit all three at once: a spoofed confirmation that mirrors a real one, sent when you are likely to be watching your account, asking for a small "fee" that feels plausible in context.

That is why the strongest single defence is step four: never let the email be your source of truth. Confirm every trade by logging into the platform the normal way. If the email and your account disagree, your account is right and the email is wrong.

Regulation protects your funds, not your inbox

Choosing an EU-regulated broker gives you client-money protections — segregation, an investor-compensation backstop, negative balance protection — if the broker itself fails. It does not stop a third party from impersonating that broker by email. Regulation secures the custody of your money; this checklist secures you against being tricked into handing it over.

What to do if you already acted on a fake

If you clicked a link and entered your login on a page you now doubt, change your broker password immediately and enable two-factor authentication if it is available. If you sent any payment, contact your bank or card provider to report it and ask about a chargeback. Then tell the broker through its official support channel so it can watch your account and warn other clients. Acting fast limits the damage.

Start with brokers that are easy to verify

Our EU shortlist covers only brokers regulated by CySEC, BaFin, the FCA or equivalent — with the regulated entity and licence set out clearly, so a genuine email is easy to confirm.

See the EU broker guide →

Related checks worth running

Frequently asked questions

What is a broker trade-confirmation email?

It is the automated message a broker sends after an order is filled, confirming the instrument, size, price, time and a unique order reference. Regulated brokers send these as a record of each transaction. Because they look official and contain money details, they are a common template for phishing scams.

How can I tell if a broker email is a phishing scam?

Check the full sender domain character by character, hover over links to see the real destination before clicking, and log in to the platform independently to confirm the trade exists. Genuine confirmations never demand an urgent extra payment or fee to release funds. When in doubt, contact the broker through the details on its official website, not the ones in the email.

Should I click links inside a trade-confirmation email?

Avoid it as a default. Hover to reveal the true destination first, and where possible reach your statements by logging into the platform yourself instead of clicking an emailed link. Spoofed emails hide look-alike domains behind normal-looking link text.

What should I do if I think a broker email is fake?

Do not reply, click, open attachments or send any payment. Log in to your account independently to check the real trade history, then contact the broker through the phone number or support address on its official website. If you already entered details on a linked page, change your password and tell the broker immediately.

Does a regulated broker guarantee I will not be phished?

No. Using a regulated EU broker gives you client-money protections if the broker itself fails, but scammers can still impersonate any brand by email. Regulation protects the custody of your funds; it does not stop a third party from sending you a spoofed message. The checks in this guide are how you protect yourself from impersonation.

Cookie and privacy notice: CompareFX uses analytics cookies to understand how visitors use this site. We do not sell personal data. By continuing to browse, you consent to our use of cookies in line with the EU ePrivacy Directive and GDPR. Read our privacy policy.