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Checkout FCA's Latest Warning

WikiFX | 2024-09-04 13:58

Abstract:The warning bell rings. The UK Financial Conduct Authority (FCA) has issued a warning against five illegal brokers which are operating illegally and providing services to consumers. The details and names of the unlicensed brokers are listed below.

img_v3_02ed_4d514cf4-4b3a-486b-969d-338986a3f7dg.png

The warning bell rings. The UK Financial Conduct Authority (FCA) has issued a warning against five illegal brokers which are operating illegally and providing services to consumers. The details and names of the unlicensed brokers are listed below.

Name: SMARTWEALTHPATH

Address: Preston Court, Burton Latimer, UNITED KINGDOM, NN15 5LR

3931 Memory Lane, POMPANO BEACH, Florida, UNITED STATES OF AMERICA

Email: support@smartwealthpath.com

Website: www.smartwealthpath.com

img_v3_02ed_ba1358f1-41ba-4f15-8ca1-66bc3a8a763g.jpg

Name: SUPREMTRADE

Email: support@supremtrade.com

Website: www.supremtrade.com

img_v3_02ed_eb00c02e-a598-4654-acd0-1f12559e1cbg.jpg

Name: BILUXFITEX / biluxfitex.com

Address: 64 Thornton St, Hursley, SO21 1NS

Email: support@biluxfitex.com

Website: https://biluxfitex.com/

img_v3_02ed_0dc71689-be48-4d7e-ac12-659679a7e81g.jpg

Name: SOLARAIRSFX / solarairsfx.com

Address: 64 Thornton St, Hursley, SO21 1NS

Email: solarairs@gmail.com

Website: https://solarairsfx.com/

img_v3_02ed_b496cbf8-2b44-4ef6-b02a-ca3252c3fe0g.jpg

Name: ULTRACORP / ULTRA CORP / ULTRACORPGLOB/ALS.COM

Address: UNITED KINGDOM

Email: support@ultracorpglobals.com,

info@ultracorpglobals.com

Website: https://ultracorpglobals.com/

img_v3_02ed_80cb549d-3918-4fb3-933c-bf9ac2c6585g.jpg

The Authority informed investors that these firms are not authorised by the FCA and do not get licenses from it.

According to the FCA, these firms are not regulated in the UK, which means that investors are not protected by the Financial Services Compensation Scheme or the Financial Ombudsman Service. This lack of regulation exposes investors to a higher risk of fraud and market manipulation.

The FCA advised consumers to keep their money safe and avoid the unregistered brokers listed above. As a consumer, you need to be vigilant and conduct thorough research before investing in cryptocurrencies to avoid falling victim to scams or losing your money.

Download the WikiFX app now to stay updated on the latest forex news and make informed trading decisions.

Related broker

Not Regulated
Ultra Corp
Company name:Ultra Corp
Score
1.58
Website:https://ultracorpglobals.com/
2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.58
Not Regulated
SmartWealthPath
Company name:SmartWealthPath Company
Score
1.57
Website:https://www.smartwealthpath.com/index.html
2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.57
Not Regulated
Solarairsfx.com
Company name:Solarairsfx.com
Score
1.57
Website:https://solarairsfx.com/
2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.57
Not Regulated
Supremtrade
Company name:Supremtrade
Score
1.57
Website:https://www.supremtrade.com/
2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.57
Not Regulated
Biluxfitex
Company name:Biluxfitex
Score
1.57
Website:https://biluxfitex.com/
2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.57

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