Security verification is an essential part of maintaining the safety of trading accounts. However, a frustrating and often suspicious practice is when a broker imposes forced reconfirmation of phone every week. This excessive verification goes far beyond normal security measures, causing inconvenience, disrupting trading activities, and sometimes signalling deeper issues with the broker’s practices. Understanding why this happens and how to respond is vital for serious traders.

Why Would a Broker Force Weekly Phone Reconfirmation?

In standard practice, phone verification is a one-time or occasional process triggered by account changes, suspicious activity, or forgotten credentials. When forced reconfirmation of phone every week becomes routine, it often points to:

• Stalling withdrawal or trading activities: Frequent verification hurdles can delay actions like withdrawals or major trades.
• Controlling client behaviour: Making account access more difficult may discourage clients from withdrawing profits or reducing trading activity.
• Collecting fresh data: Regularly forcing phone reconfirmation allows the broker to gather updated personal information or check client location data.
• Weak security systems: Some brokers impose blanket verifications to compensate for poor internal fraud detection measures.
• Harassment or pressure tactics: Constant interruptions frustrate traders and may push them toward abandoning complaints or account closure.

Top-tier brokers rarely impose repeated, unnecessary security checks without clear justification.

The Risks of Weekly Forced Phone Reconfirmations

Disruption of trading activity:
Constant verification requests interrupt your ability to monitor markets and place timely trades.

Withdrawal delays:
You may be prevented from requesting or completing withdrawals without re-verifying your phone number.

Increased personal data exposure:
Repeatedly providing verification codes or personal information increases your vulnerability to data breaches.

Loss of trust:
A forced reconfirmation of phone every week signals poor security practices or deliberate client obstruction.

Potential regulatory concerns:
Regulators like the Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC) require brokers to ensure security processes are reasonable, not obstructive.

Signs That Weekly Phone Reconfirmation Is Being Used Improperly

Verification triggers without any account changes:
If you are asked to verify your phone even when no significant account activity occurs, the process is suspicious.

Timing linked to withdrawals:
Forced phone reconfirmations appear right before or during withdrawal requests.

Limited alternative verification options:
The broker insists on phone verification even when more secure and less intrusive options (like email 2FA) are available.

Vague or no explanation given:
When you question the policy, the broker gives vague responses about “security” without specific reasoning.

Verification requests sent through non-secure channels:
Asking for verification via unsecured apps or social media indicates poor security practices.

What to Do If a Broker Forces Frequent Phone Reconfirmation

Ask for policy documentation:
Request a written explanation of why phone reconfirmation is required so often.

Document every verification request:
Keep records of each time you are asked to reconfirm, especially if it impacts your trading or withdrawals.

Escalate the complaint internally:
Raise the issue with the broker’s compliance or customer service department.

Report the broker to the regulator:
If a broker like Intertrader, AvaTrade, TiBiGlobe, Vantage, or Markets.com imposed excessive verification without justification, you can report it to the relevant regulatory body.

Switch brokers if necessary:
If the practice continues and interferes with your trading rights, consider moving your funds to a platform that respects client convenience and security balance.

How to Protect Yourself Against Excessive Verification

Choose brokers regulated by reputable authorities:
Regulated brokers are held to strict standards about fair and transparent client treatment.

Enable two-factor authentication (2FA):
Set up strong 2FA on your account to reduce the broker’s excuse for needing frequent manual verification.

Check broker security policies before signing up:
Look for clear information on how often verification is required and under what circumstances.

Stay alert for suspicious security practices:
Overly aggressive verification demands can be a tactic to stall or control clients unfairly.

Protect your personal information:
Never share more personal data than necessary, and ensure all verifications occur through secure, official channels.

Conclusion

When a forced reconfirmation of phone every week is imposed, it is not about protecting your account — it is often about controlling your activity or creating deliberate hurdles. Traders must stay vigilant, demand clear and fair security processes, and be ready to escalate or switch brokers if necessary.

Learn how to secure your trading accounts, protect your privacy, and navigate broker tactics confidently by joining our Trading Courses. Stay in control of your trading future and defend your right to fair treatment today.