All courses🛡️ Risk · Level 6.2
🔍 Verifying Claims: Brokers, Signals and AI
How to check a broker licence in two minutes, why a screenshot of winning trades proves nothing, what an "AI trading bot" can and cannot actually do, and the arithmetic that exposes an impossible track record.
3 lessons ~12 min read
010203
Checking a broker in two minutes
Look up a licence number on a regulator’s own register, not the broker’s website Explain what segregated funds and negative balance protection actually protect Recognise the offshore licence patterns that provide almost no recourse Decide how much money belongs in a trading account at all
Why a screenshot of winners proves nothing
List what a screenshot of profitable trades leaves out Explain survivorship bias in signal-seller marketing Compute whether a claimed return is arithmetically possible State the four numbers a real track record must contain
What an AI trading bot can and cannot do
Separate what machine learning genuinely does well in markets from what it cannot Explain why an impressive backtest is the easiest thing in trading to produce Ask the three questions that expose an untested automated system Judge an "AI signals" claim on its method rather than its results