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UK Financial Watchdog Warns: Avoid these Un-Licensed FX Brokers

WikiFX | 2025-07-22 17:35

Abstract:If a reputable UK regulator, Financial Conduct Authority (FCA), issues a warning about unlicensed brokers, you must take it seriously. Whether you're a trader or an investor. Here's a list you can checkout below. Be cautious and avoid getting involved with these scam brokers.

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If a reputable UK regulator, Financial Conduct Authority (FCA), issues a warning about unlicensed brokers, you must take it seriously—whether you're a trader or an investor. Here's a list you can checkout below. Be cautious and avoid getting involved with these scam brokers.

Unauthorised firm details

1. Name: Power Trades

Website: www.power-trades-ai.net, www.powertradesapp.net

2. Name: elitexchanges.info

Address: 60a Station Road, North Harrow, UNITED KINGDOM, HA2 7SL

291 Brighton Road, South Croydon, UNITED KINGDOM, CR2 6EQ

Email: support@elitexchanges.info

Website: https://elitexchanges.info

3. Name: Trader Chenix

Website: https://https://trader-chenix.net/, https://traderchenix.net/

4. Name: Accu Trader Plus

Website: www.accutraderplusapp.net

5. Name: Trade App / trade-appai.net

Website: www.trade-appai.net

img_v3_02o6_badb70cf-c8ed-4dc3-b4c5-8d5f816838dg.jpg

6. Name: Wealth Phantom / wealth-phantom.net

Website: www.wealth-phantom.net

7. Name: VINCOS LIMITED

Address: 1st Floor 35 Park Lane, London, W1K 1RB

Mobile: 07903056291

Email: contact@vincoslimited.com

Website: https://vincoslimited.com/

8. Name: Vlex Global

Address: Wenlock Road 20-22, London, UNITED KINGDOM, N1 7GU

Email: info@vlexglobal.com,

support@vlexglobal.com

Website: www.vlexglobal.com

9. Name: VIEW WORLD

Address: Lansdowne House, Berkeley Square, London, W1J 6ER

74 Horsefair Green, Old Shields, G67 1DE

Email: support@view-world.com

Website: https://view-world.com/

10. Name: CFD Options

Address: 2 King Edward Street, London, UNITED KINGDOM, EC1A 1HQ

28 October Ave 249, Limassol 3035, CYPRUS

470 St Kilda Road, Melbourne, Victoria 3004, AUSTRALIA

Admiralty Centre, 18 Harcourt Road, Admiralty, HONG KONG

100 King Street W, Toronto, Ontario, CANADA, M5X 1B1

Telephone: +447719480509, +35795510817, +61449945916, +85260169935, +15064676814

Email: contact@cfdoptions.com,

customer-support@cfdoptions.com,

financial-support@cfdoptions.com

Website: www.cfdoptions.com

Find FCA Warning List Here

The latest list is available on the official FCA website. To view it, visit the website, go to the News section, and click on Warnings to see the latest list of scam brokers.

Check this Important Article too - www.wikifx.com/en/newsdetail/202507226494774722.html

FCA Warns You

The Financial Conduct Authority (FCA) stated that these firms may be offering or promoting financial services or products without its authorization. The FCA warns clients to avoid dealing with these firms and beware of scams. These firms are not authorized. Stay alert. Investment scams are becoming increasingly common. While forex beginners are often the main targets, even experienced traders are now falling victim too.

Join WikiFX Community & Get the Latest Updates

Investment scams have become a reality in the Forex market. While trading forex, you can avoid these scams by staying informed and alert. Therefore, be attentive and stay updated with fraud alerts. With WikiFX, you can get all the information you need about the Forex market, fraud alerts, and the latest news related to Forex trading — all in one place. Join the WikiFX Community by scanning the QR Code at the bottom.

Steps To Join

1. Scan the QR code below

2. Download the WikiFX Pro app

3. After installing, tap the Scan icon at the top right corner

4. Scan the code again to complete the process

5. Congratulations! You have Joined the Group

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Related broker

Not Regulated
Elitexchanges
Company name:elitexchanges.info
Score
1.20
Website:https://elitexchanges.info/
1-2 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.20

Read more

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Lost Your Capital by Clicking on a Forex Trading Link? This is the Latest Scam Trend!

Newspaper after newspaper, social media platforms after social media platforms, we often come across the term forex trading scam. It’s taking a vicious shape. Unknown profiles constantly jam your phones or social media accounts with luring messages of guaranteed and astonishing returns that you may not have heard of before. So, what many do? They click on the link and get into a dreamy, yet fake world that somehow appears much later. More so, in many cases, after the scam. The case of XPO.ru last year, where users were told to click on a link to start forex trading, led to the siphoning of as much as INR 3,100 crore, leaving affected investors and the authorities puzzling over the incident. While the XPO scam was a massive incident, there has not been a shortage of these incidents. The Internet is flooded with stories concerning forex scams of this nature. In this article, we take a close look at several such scams.

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Were you restricted from opening trades on the Alpari trading platform? Did the Comoros-based forex broker prevent you from accessing withdrawals despite numerous requests? Have you faced trading losses because of the chart-related errors? These have reportedly turned into large-scale negative reviews for the broker online. This Alpari review 2026 article is aimed at providing insight into user allegations and the broker’s regulatory framework.

Original 2026-06-10 23:39

Zenstox Review 2026: Unexplained Profit Cancellation & Account Termination Allegations

Have you suspected Zenstox of cutting your profit amount on the trading platform? Failed to receive a proper response from the customer support team of the broker on this profit deduction? Did you face an unexplained account termination by the Seychelles-based forex brokerage firm? Broker review platforms, such as WikiFX, are flooded with negative user comments in 2026. In this Zenstox review article, we have examined these allegations. Take a close look at the same.

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