Beware of unauthorised Brokers

WikiFX | 2024-02-02 17:13

Abstract：All of us agree that being aware is the most important thing we can do to avoid becoming victims. Being alert can help us protect our finances. To protect your hard-earned money. Here we are telling you from which unlicensed brokers you must stay away from.

All of us agree that being aware is the most important thing we can do to avoid becoming victims. Being alert can help us protect our finances. To protect your hard-earned money. Here we are telling you from which unlicensed brokers you must stay away from. The UK's watchdog, the Financial Conduct Authority (FCA), issued a warning against two unauthorized brokers named Global Power Ltd. and FX Stock.

Name: GLOBALPOWER.LTD

Address: Martlet House, E1 Yeoman Gate, Yeoman Way, Worthing, West Sussex, UNITED KINGDOM, BN13 3QZ

Email: support@globalpower.ltd

Website: www.globalpower.ltd

Name: FX STOCK / FXSTOCK

Address: Shelton Street, Covent Garden, London, UNITED KINGDOM, WC2H 9JQ

Email: info@fxstockcorp.com,

support@fxstock.co.uk

Website: www.fxstockcorp.com, https://fxstock.co.uk/

While exposing these brokers, FCA stated that Almost all firms and individuals must be authorised by us if they offer, promote or sell financial products or services in the UK. But this firm is not authorised by us and targets UK people. The FCA has warned investors to exercise caution when dealing with these brokers, as they may not be subject to the same regulatory standards as authorised firms. Investors should check the FCA's register of authorized firms to ensure that the broker they are dealing with is legitimate.

WikiFX is a global forex broker regulatory inquiry platform that has investigated and reviewed more than 50,000 brokers, collaborating with more than 30 national regulators. This platform allows you to choose and compare the best brokers based on your needs.