FCA Cautions Against ALT-COINFX

UK's regulator, the Financial Conduct Authority(FCA) exposed an unauthorized firm named ALT-COINFX

Unauthorised firm details

Name: ALT-COINFX

Address: 76 Commercial St, Edinburgh, Midlothian, EH6 6LX

Telephone: 14403351813

Email: support@alt-coinfx.com

Website: https://alt-coinfx.com/

According to the authority, this firm is not authorized by FCA and may be targeting people in the UK. FCA Says If you deal with this firm, You won't be protected by the Financial Services Compensation Scheme (FSCS) if things go wrong.

WikiFX Review

When we checked the status of the ALT-COINFX on WikiFX, we found it is an unlicensed broker with an extremely low score. Also, WikiFX issued a warning against the broker stating that-

Warning: Low score, please stay away!

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Bottom Line

This broker is unlicensed, which raises significant concerns about the safety and security of your funds. Without proper regulation, fair practices or consumer protection are not guaranteed. Its strongly recommended to avoid investing with this broker and instead choose one that is fully licensed and regulated.

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