Abstract：Warning list of 14 unauthorized online trading firms released by FCA dated February 03/2023.
The Financial Conduct Authority (FCA) is the regulatory body responsible for supervising financial markets in the UK. The FCA maintains a warning list of unauthorized firms and individuals who are providing financial services without its approval. The warning list is updated regularly and includes firms and individuals who are falsely claiming to be regulated by the FCA, as well as those who are engaging in fraudulent or other illegal activities. The list is intended to protect consumers from financial harm and to prevent them from falling victim to scams or fraudulent schemes.
Here is the list of newly added 14 unauthorized / warned brokers by FCA
ContentsInteract TradeFX / InteractTradeFX
Trade Bull Max
Hedge-QuityFX / Hedge-QuityFX.com
SpotFXOptions
Cloud Trades Ltd
Indexx Club PLC
Equity Score Trade
NexusXChange
ForXCryptonet
Turbo CFD
Casper Finance
TopClubInvestments
The TrustFX
Capital Alliance Bank
NexusXChange
Solidusx
William Market FXTM
Quantum Capital Market
LegalForexCoin
UKBTC
WikiFX as a medium platform of FCA has been updating its platform of brokers listing both regulated and unregulated to help the public in guiding to the right path of selecting the right Forex broker.
Final words
Always double-check and verify the regulatory status of your chosen broker before the investor as always encouraged by FCA and WikiFX to the public.
Stay tuned for more financial regulatory news about warned entities
Install the WikiFX App on your smartphone to stay updated on the latest news.
Download link: https://www.wikifx.com/en/download.html？source=fma3
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
