Account takeovers are a growing risk for investors. Two-factor authentication blocks most of them.
Choose in this order
- Passkeys or hardware keys, where the broker supports them.
- Authenticator app codes.
- SMS codes, only if nothing better is available.
Good practice
Use a unique password from a password manager, save your recovery codes offline, and enable withdrawal confirmations or an allowlist of withdrawal destinations if offered. Never share a one-time code, even with someone claiming to be support.
Risk warning: Trading forex and CFDs involves a high level of risk and may not be suitable for all investors. You may lose more than your initial investment.
Topicssecurity2faaccounts