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FCA Warning List Of 14 Unauthorized Brokers

WikiFX | 2023-02-06 11:26

Abstract:Warning list of 14 unauthorized online trading firms released by FCA dated February 03/2023.

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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

Interact TradeFX / InteractTradeFX

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Trade Bull Max

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Hedge-QuityFX / Hedge-QuityFX.com

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SpotFXOptions

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Cloud Trades Ltd

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Indexx Club PLC

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Equity Score Trade

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NexusXChange

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ForXCryptonet

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Turbo CFD

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Casper Finance

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TopClubInvestments

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The TrustFX

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Capital Alliance Bank

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NexusXChange

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Solidusx

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William Market FXTM

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Quantum Capital Market

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LegalForexCoin

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UKBTC

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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

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