Unfortunately, such cold-calling is the first red flag, when dealing with a broker, because legit and regulated brokers simply do not do the cold calling and do not offer or try to convince people to invest. Also, it is a common practice for the fraudulent companies to use the names of a popular people (like Jordan Balfort ), as in this way it’s easier to gain people’s trust and make them invest their money. We highly recommend to check legitimacy of the broker before dealing with it.