WikiFX Alert! Unauthorized FX Broker EUREKA FOREX TRADE Blacklisted By FCA

WikiFX | 2023-01-12 15:06

Abstract：FCA listed this broker Eureka Forex Trade as undesirable firm that should be avoided by the public.

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The FCA publishes a batch list of undesirable firms in order to protect the public from investing and to assist regulated firms in stopping the illicit activities of unregulated brokers, who are the cause of the increased risk of fraud and why people are afraid of trading investments, as well as others attempting to enter the world of online trading.

One of the online trading firms listed by the FCA due to lack of authorization to provide, promote, or sell financial services or products in the UK. EUREKA FOREX TRADE

An Overview of EUREKA FOREX TRADE

Eureka Forex broker is a reputable worldwide CFD and Forex broker that provides traders with CFDs on Forex, Indices, Commodities, Stocks, and Cryptocurrencies at continually narrower spreads and under unrivaled trading conditions.

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However, according to their official website, the company is situated at 776-778 Barking Road, London, United Kingdom, E13 9PJ. Following a check with one of the key UK regulators, FCA, the said company has no permission from the said regulator or any form of license that permits them to provide financial services to consumers in the UK and even other nations. In reality, the aforementioned business is identified as one of the undesirable companies to avoid in the FCA's most recent announcement.

We also attempted to locate the business on the SEC using the license number listed on their official website but received no results.

FCA and WikiFX have been working together to alert the public and assist victims of fraud brokers in reclaiming their money and eliminating their company, as well as to prevent the public from being victimized and losing their hard-earned money.

If you have been a victim of a scam, you should immediately report any suspicious or fraudulent behavior to the relevant regulatory authorities and seek legal or financial counsel. Many regulatory bodies have procedures in place to handle complaints against licensed brokers, and they may take action against them if they breach any rules or regulations.

It may also be beneficial to speak with other individuals who have had similar experiences or to contact organizations that give assistance to victims of investment fraud. It's also vital to recognize that getting scammed has nothing to do with your intellect or character, and you should not feel embarrassed if you fall victim to one.

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Related broker

Not Regulated

EUREKA FOREX TRADE

Company name：EUREKA FOREX TRADE

Score

1.61

Website：https://www.eurekaforextrades.com/

2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

Score

1.61

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