FCA Issues Latest Warning Against Unlicensed 13 Forex Brokers

The UKs Financial Conduct Authority (FCA), recognized as one of the most reputable financial regulators globally, continues to protect investors by issuing warnings against unlicensed brokers. These warnings serve as critical alerts for investors to avoid falling victim to investment scams, particularly in the fast-paced and often volatile forex markets.

Every year, countless investors suffer significant financial losses due to fraudulent brokers operating without proper licenses. In response to this growing issue, the FCA frequently updates its list of unregulated brokers to inform the public and protect traders from potential scams.

The FCA strongly advises investors to cease all interactions and investments with any unregulated brokers immediately. Those who find themselves dealing with such firms should reach out to the relevant enforcement authorities for assistance in recovering their funds.

The most recent list of unlicensed brokers flagged by the FCA from September 23 to 27 includes the following:

1. Asset Imperial – The firm, operating via its website (www.assetimperial.com), has been flagged by the FCA for conducting unauthorized brokerage services. The company can be contacted through mobile number +447520693731 or email at support@assetimperial.com.
2. Monetio – This broker, operating under the websites https://monetio.io/ and https://www.monetio.io/, is also unlicensed. The firm has provided multiple contact methods, including telephone (+447488873703) and several email addresses (cs@monetio.io, compliance@monetio.io, and analyst@monetio.io).
3. DSIL Investment Services LLC – Operating from the Stock Exchange Tower in London, DSIL Investment Services LLC has been marked as unregulated by the FCA. The firm operates through two websites (https://dsil24.com/ and https://dsil-llc.com) and has shared contact information, including a telephone number (+44208097213) and email addresses (info@dsil-service.net and office@dsil-service.net).
4. Trader Republic – This broker operates multiple offices in the UK, Switzerland, and Canada. Its website (https://trader-republic.co/) has been flagged, and the firm can be contacted via email at support@trader-republic.co.
5. Finance Broker – This entity is a clone of an FCA-authorized firm and operates under the website www.financebrokerltd.com. Despite sharing the name with a legitimate broker, this firm is unlicensed, and the FCA warns investors to stay clear.
6. My Broker UK – Another clone of an FCA-authorized firm, My Broker UK operates via the website www.mybrokeruk.com and can be reached at support@mybrokeruk.com.
7. INVESTBRIDGE-CAPITAL.NET – The firm operates an unlicensed brokerage service through the website www.investbridge-capital.net and can be contacted via email at supportcenter@investbridge-capital.net.
8. FOREXMANIPULATION – This broker, operating from London, has been flagged for unauthorized activity. The company can be reached through their websites (www.forexmanipulation.com and forexmanipulation.co.uk) and social media channels such as Instagram and Facebook.
9. CRYPTOPROINVESTORS – Based in Seattle, this broker operates through the website www.cryptoproinvestors.live and has been flagged for conducting unlicensed activities. Contact details include the email support@cryptoproinvestors.live.
10. BDS FX – Operating from Pakistan, this broker‘s website (www.bdsfxtrading.info) has been flagged as unregulated, with the company’s contact information listed as support@bdsfxtrading.info and telephone +92550288860.
11. ATHENAFX – Based in the United Kingdom, this broker operates through the website www.athenafxsignals.online and can be reached via email at support@athenafxsignals.online.
12. PRIMETM – Operating through the website www.primetimemarketing.live, this broker has been identified as unlicensed, with contact information listed as support@primetimemarketing.live.
13. Rxmarket Pro – Based in London, Rxmarket Pro operates through the website www.rxmarket.pro and can be contacted via email at support@rxmarket.pro.

The FCA urges investors to exercise caution and verify the regulatory status of any broker before engaging in financial transactions to avoid falling victim to scams.