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Investment Scam Alert: FCA Identifies 15 Scam Brokers

WikiFX | 2025-08-07 18:10

Abstract:UK Financial regulator, FCA (Financial Conduct Authority) has issued warnings against 15 forex brokers operating without proper authorization. Checkout the list below & Be Scam ALERT .

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UK Financial regulator, FCA (Financial Conduct Authority) has issued warnings against 15 forex brokers operating without proper authorization. Checkout the list below to stay Safe

Unauthorised Firm details

1. Name: Cynavatrader

Website: https://cynavatrader.net

2. Name: GenalixTrader

Website: https://genalixtraderapp.net

3. Name: XavonixTrader

Website: www.xavionixtrader.net

4. Name: triumphfx.net

Website: www.triumphfx.net

5. Name: gfxcapital.net

Website: www.gfxcapital.net

6. Name: Qilexo Trader

Website: www.qilexotrader.net

7. Name: Cryptonest FX

img_v3_02ou_84b4a9eb-0ca3-4035-8479-3ce7898db3dg.jpg

8. Name: Benefit Assets

Address: 7645 Cordner Street, Laselle (Montreal), QC, Canada, H8N 2X2

Email: support@benefitassets.net

Website: www.benefitassets.net

9. Name: Aeralyn Tradeon

Website: https://aeralyn-tradeon.net

10. Name: Super Beta FX

Address: 77 Massachusetts Ave, Cambridge, Massachusetts

Telephone: +18142183833

Email: support@superbetafx247.xyz

Website: www.superbetafx247.xyz

11. Name: ALGO WAVE FX LTD

Address: The Concourse, 1 Poultry, London, UNITED KINGDOM, EC2R 8EN

207 Batchley Road, Redditch, Worcestershire, UNITED KINGDOM, B97 6JB

Email: support@algowavefxtrade.live,

support@algowavefx.live

Website: www.algowavefx.live

12. Name: Trader 9000 Lidex

Website: www.trader9000lidex.net

13. Name: ALGO WAVE FX LTD

Address: The Concourse, 1 Poultry, London, UNITED KINGDOM, EC2R 8EN

Batchley Road, Redditch, Worcestershire, UNITED KINGDOM, B97 6JB

Email: support@algowavefxtrade.live, support@algowavefx.live

Website: www.algowavefx.live

14. Name: MaxionixTrader 1.9 Flex

Website: www.maxiontrader-19-flex.net

15. Name: GuardCrypto

Website: www.guardcrypto.net

Why FCA Warning Matters?

An FCA (Financial Conduct Authority) warning is a serious alert that a broker or financial service is operating without proper authorization in the UK. The FCA is one of the worlds most respected financial regulators, and its role is to protect investors from fraud, scams, and unethical practices.

If a broker receives an FCA warning, it means:

1. The broker is not licensed or regulated by the FCA.

2. It is not allowed to offer financial services in the UK.

3. Your funds are not protected under UK financial laws.

4. You have no legal recourse if the broker disappears or refuses withdrawals.

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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.

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