Home -
Original -
Main body -

WikiFX Express

SBCFX
TMGM
GTCFX
Exness
XM
EC markets
AvaTrade
FXTM
FOREX.com
IC

ATTENTION!! FCA WARNED INVESTORS ABOUT 9 FRAUDULENT BROKERS

WikiFX | 2023-05-10 12:42

Abstract:On May 09, 2023, Financial Conduct Authority (FCA) released a list of nine unauthorized brokers. They are not FCA-licensed. Investors should exercise caution if they are dealing with these unregistered financial institutions. 

img_v2_5f3855b4-ad2e-4e68-8e55-ab3daadd790g.jpg

On May 09, 2023, Financial Conduct Authority (FCA) released a list of nine unauthorized brokers. They are not FCA-licensed. Investors should exercise caution if they are dealing with these unregistered financial institutions. Here are the names and screenshots of these brokers.

Name: TradePip

Address: 66 Great Suffolk St, London, SE1 0BL

Telephone: +181694579444

Email: support@tradepip.online

Website: www.tradepip.online

img_v2_c5f1c691-052b-4a78-ba7c-08a3b97edddg.jpg

Name: Paypoint invest

Address: Staveley Gardens, London, UNITED KINGDOM, W4

Email: admin@paypoint-invest.site

Website: www.paypoint-invest.site

img_v2_24ee088c-ca47-481f-8991-221cd0f8febg.jpg

Name: BullCapitalFx LTD

Address: 66 Great Suffolk St, London, UK, SE1 0BL, 101 West Broadway, San Diego, USA, CA 92101

Telephone: +13239929013

Email: support@bullcapitalfx.com

Website: www.bullcapitalfx.com

img_v2_be595c32-6929-4319-baf3-8c6b786a6a6g.jpg

Name: GLOBAL KINTEX LTD

Address: Staveley Gardens, London, UNITED KINGDOM, W4

Email: support@global-kintex.ltd

Website: www.global-kintex.ltd

img_v2_82ac5e81-21ed-4026-91e5-f7001507778g.jpg

Name: Global X / globalx.company

Address: Octagon Point, 5 Cheapside, London, ENGLAND, EC2V 6AA

Telephone: 02081571006, 02081571005, 02070978336, +46812420370

Email: georgecardoso@globalx.company,

lucasclaes@globalx.company,

dominickobal@globalx.company,

erikpilaa@globalx.company

Website: globalx.company

img_v2_d35c053d-e8bc-4948-a5e1-daf45eec714g.jpg

Name: CoinAssets Finance / CoinAssetsFinance

Address: London, United Kingdom

,1 Front St W, Toronto, Canada, ON M5J 2X6

Telephone: +447476433783

Email: support@coinassetsfinance.com

Website: www.coinassetsfinance.com

img_v2_3da37c31-cd1b-4ef0-8d88-be1f390e9cbg.jpg

Name: ALLEN & ASSOCIATES LLC / www.allenandassocllc.com

Address: 28 Liberty Street, New York, NY, UNITED KINGDOM, 10005

Telephone: +17165033375, +18082073783

Fax: +17165926324

Email: info@allenandassocllc.com

Website: www.allenandassocllc.com

img_v2_7e332546-a461-45fd-b308-b804f9b5c2dg.jpg

Name: Binary Crypto Trading LTD

Address: 66 Great Suffolk Street, London, United Kingdom, SE1 0BL

217 Summit Blvd, Birmingham, AL 35243

Email: support@binelitetrade.com

Website: www.binelitetrade.com

img_v2_2ebf27b1-5b68-4585-bbee-50d6355ca9fg.jpg

Name: Wealth Future/Profit Station (Clone of FCA Authorised Firm)

Telephone: 442081577566

Email: support@wealtfuture.org,

support@profitstation.org,

sophiejones@profitstation.org

Website: https://wealthfuture.org, https://profitstation.org

img_v2_79b82238-8545-449d-9483-41d72940b78g.jpg

These brokers or financial firms are not permitted to provide financial services in the United Kingdom. The FCA has issued warnings that these companies may be running fraud. So kindly stay away from that. Choose a financial firm that has not been authorized by a respected financial organization. Checking if your investment is properly licensed is the best way to assure that it is in excellent hands and fully complies with all rules. Whom do you believe if you don't believe the warnings of the FCA, a respectable financial regulator?

When we searched the Wikifx website for these brokers. We discovered that some of these brokers are not regulated. Furthermore, they all have extremely low scores. It denotes risk. Investors must take the FCA's warnings seriously and avoid investing with these firms. We are sharing screenshots of those brokers with you. Have a look and be safe.

img_v2_6ed57f02-c961-4328-9fda-4de2cd8ea7cg.jpg

img_v2_48ce3d96-0539-4faa-80e3-7c3f5971fa9g.jpg
img_v2_43364122-503d-4448-ad1f-757aabef09bg.jpg
img_v2_95debf56-59da-428a-bd40-54a06c5bba6g.jpg

About FCA

Financial Conduct Authority (FCA) is a regulatory body in the UK . The FCA's main role is to protect consumers by regulating financial products and services, promoting competition, and ensuring that financial firms are financially stable. The FCA also has the power to investigate and take enforcement action against firms that breach its rules and regulations.

To expand your knowledge and stay informed about the forex market. Download Wikifx app on your phones. Here is the Link to the download: https://www.wikifx.com/en/download.html

img_v2_15a5a759-aead-492b-a740-67dea4a9c39g.jpg

Related broker

Not Regulated
COINASSETS FINANCE
Company name:COINASSETS FINANCE
Score
1.60
Website:https://coinassetsfinance.com/
2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.60

WikiFX Express

SBCFX
TMGM
GTCFX
Exness
XM
EC markets
AvaTrade
FXTM
FOREX.com
IC

WikiFX Broker

FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
IC

IC

Regulated
SBCFX

SBCFX

Stop of Business
EBC FINANCIAL GROUP

EBC FINANCIAL GROUP

Regulated
Exness

Exness

Regulated
FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
IC

IC

Regulated
SBCFX

SBCFX

Stop of Business
EBC FINANCIAL GROUP

EBC FINANCIAL GROUP

Regulated
Exness

Exness

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
IC

IC

Regulated
SBCFX

SBCFX

Stop of Business
EBC FINANCIAL GROUP

EBC FINANCIAL GROUP

Regulated
Exness

Exness

Regulated
FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
IC

IC

Regulated
SBCFX

SBCFX

Stop of Business
EBC FINANCIAL GROUP

EBC FINANCIAL GROUP

Regulated
Exness

Exness

Regulated

Latest News

Canadian Dollar firms as US Dollar loses momentum, Oil prices extend rally

WikiFX
2026-09-10 23:51

Silver Price Forecast: XAG/USD rises to near $66.40 as US Dollar declines, US CPI in focus

WikiFX
2026-09-09 11:18

United States Dollar Index holds onto gains above 99 ahead of US CPI data

WikiFX
2026-09-11 11:24

Ultima Markets Launches Weekend Gold CFD on MT5

WikiFX
2026-09-09 17:54

GBP/USD Price Forecast: Strengthens above 1.3550, upside bias intact while holding above 100-day SMA

WikiFX
2026-09-09 13:51

WTI Oil nears $100 as Middle East tensions keep supply concerns elevated

WikiFX
2026-09-11 02:06

UK Chancellor Healey: Economy demonstrates welcome resilience despite global uncertainty

WikiFX
2026-09-11 15:25

FNmarkets Review India 2026: Mauritius Licence and RBI Checks

WikiFX
2026-09-09 15:23

Chile: Policy pause reflects fragile growth – Societe Generale

WikiFX
2026-09-10 02:33

South Korean Won: Gains seen moderating after sharp repricing – DBS

WikiFX
2026-09-10 04:41

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

AEGIS

AEGIS

XBlu

XBlu

The CFD markets

The CFD markets

Rivonsphere

Rivonsphere

Handels ExpertenSystem

Handels ExpertenSystem

Profxgroup

Profxgroup

Crownex Microfinance

Crownex Microfinance

Vestro Assets

Vestro Assets

Nexa Pesa

Nexa Pesa

Growth Bit Profit

Growth Bit Profit