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FCA WARNING AGAINST 15+ UNAUTHORISED BROKERS

WikiFX | 2024-08-13 15:39

Abstract:The Financial Conduct Authority (FCA) has warned the public about more than 15 unauthorised brokers operating in the financial markets. These brokers have not been granted permission to offer their services in the UK, putting consumers at risk of financial harm. Here is the complete list of fraud brokers.

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The Financial Conduct Authority (FCA) has warned the public about more than 15 unauthorised brokers operating in the financial markets. These brokers have not been granted permission to offer their services in the UK, putting consumers at risk of financial harm. Here is the complete list of fraud brokers.

1. STE Capital - https://stecapital.cc

2. GLOBAL INVEST LTD

3. First Source Investment/ Weibo Capital/Vibo Capital

4. Iqmarketfx

5. CRYPTO LIFE (new)

6. Minesafe Investment (new)

7. INVESTUSSD (new)

8. capitalpartnersgroupltd.net (Clone of FCA Authorised Firm)

9. admfxgltd.com

10. Asset Vortex (new)

11. Farallon Investments (Clone of authorised firm)

12. CRYPTOPULSE (new)

13. edrinvestments.com (new)

14. Farallon Capital LLC (clone of authorised firm)

15. DOZ-COINLAB

16. Hargreaves Lansdown

17. GREYT & LEWIS MANAGEMENT INC

18. FELTON-WEST CONSULTANCY GROUP LLP

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Consumers must remain vigilant and informed when dealing with financial brokers. The FCA continues to monitor and take action against unauthorised firms to safeguard the interests of the public.

Unauthorised brokers often lure customers with promises of high returns and low fees, but without proper regulation, there is a higher risk of fraud and misconduct. The FCA urges individuals to verify the credentials of any broker they are considering working with and to check the FCA's register of authorised firms. By doing so, investors can avoid falling victim to scams and ensure their funds are protected.

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Related broker

No Regulation
AlfaCapitalMarket
Company name:AlfaCapitalMarket
Score
1.29
Website:https://alfacapitalmarket.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.29

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