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Scam Alert: FCA Issued Warning! Check the List of Unauthorized Brokers Below!

WikiFX | 2025-08-01 18:07

Abstract:Attention Traders! Never ignore a warning from a trusted authority like the UK’s FCA. If you do, you could risk losing your money. Check the list below of Scam forex brokers to protect yourself.

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Attention Traders!

Never ignore a warning from a trusted authority like the UKs FCA. If you do, you could risk losing your money. To protect yourself, always stay alert and informed. Check the list below of Scam forex brokers which are operating in the forex market without a proper license.

Unauthorised firm details

1. Name: UTForex

Website: https://utforex.net

img_v3_02oo_b286b5d4-cabb-40b4-b5df-7672327d206g.jpg

2. Name: Cryptonite AI

Website: https://cryptonite-ai.net

img_v3_02oo_54896849-6ef5-4d2e-ad87-7c9034365e5g.jpg

3. Name: Lab of Crypto / @labofcrypto1 / @LadyofCrypto1

Social Media Details: YouTube: @labofcrypto1 X: @LadyoCrypto

img_v3_02oo_78f32987-c1db-4884-9e5e-1ea140dcd29g.jpg

4. Name: MarvexTrader

Website: https://marvextraderapp.net, https://marvextrader-app.net

img_v3_02oo_273c3666-2ea0-452d-8f32-832cacaaa27g.jpg

5. Name: Patrimoine Trade

Address: 25 Copthall Ave, London, UNITED KINGDOM, EC2R7BP

Email: support@patrimoinetrade.pro

Website: https://patrimoinetrade.pro

img_v3_02oo_8d308482-2b10-47ad-9c03-7ed49996635g.jpg

FCA Alerts

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 and may be involved in swindling peoples money. Stay alert—investment scams are becoming increasingly common. While forex beginners are often the main targets, even experienced traders are now falling victim too.

Find the 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.

Join WikiFX Community

Be attentive and stay updated with WikiFX. You can get all the information you need to know 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.

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Related broker

No Regulation
UTForex
Company name:UEDA TOTAN FOREX LTD
Score
1.55
Website:https://www.ut-forex.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.55

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